U.S. Companion Animal Diagnostic Services Market Size & Outlook
U.S. companion animal diagnostic services market, 2018-2030 (US$M)
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U.S. companion animal diagnostic services market highlights
- The U.S. companion animal diagnostic services market generated a revenue of USD 2,589.5 million in 2023 and is expected to reach USD 3,893.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6% 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 2,589.5 million |
| Market revenue in 2030 | USD 3,893.7 million |
| Growth rate | 6% (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, U.S. accounted for 34.7% 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 North America, U.S. companion animal diagnostic services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 552.7 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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U.S. 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 55.26% in 2023. Horizon Databook has segmented the U.S. 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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Our clientele includes a mix of companion animal diagnostic services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. companion animal diagnostic services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. companion animal diagnostic services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. companion animal diagnostic services market size, by animal type, 2018-2030 (US$M)
U.S. Companion Animal Diagnostic Services Market Outlook Share, 2023 & 2030 (US$M)
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