Mexico Companion Animal Diagnostic Services Market Size & Outlook
Mexico companion animal diagnostic services market, 2018-2030 (US$M)
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Mexico companion animal diagnostic services market highlights
- The Mexico companion animal diagnostic services market generated a revenue of USD 175.5 million in 2023 and is expected to reach USD 311.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Other Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Companion animal diagnostic services market data book summary
| Market revenue in 2023 | USD 175.5 million |
| Market revenue in 2030 | USD 311.0 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Other Companion Animals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats, Horses, Other Companion Animals |
| Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, SYNLAB Group, NationWide Laboratories, CVS Group PLC, TPG Inc Ordinary Shares - Class A, Animal Medical Center, Embark, IVC Evidensia |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.4% of the global companion animal diagnostic services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil companion animal diagnostic services market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 311.0 million by 2030.
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Companion Animal Diagnostic Services Market Scope
Companion Animal Diagnostic Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico companion animal diagnostic services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to companion animal diagnostic services market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 55.61% in 2023. Horizon Databook has segmented the Mexico companion animal diagnostic services market based on dogs, cats, horses, other companion animals covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Mexico companion animal diagnostic services market databook
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Our clientele includes a mix of companion animal diagnostic services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico companion animal diagnostic services market , including forecasts for subscribers. This country databook contains high-level insights into Mexico companion animal diagnostic services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico companion animal diagnostic services market size, by animal type, 2018-2030 (US$M)
Mexico Companion Animal Diagnostic Services Market Outlook Share, 2023 & 2030 (US$M)
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