Global Companion Animal Diagnostics Market Size & Outlook
Global companion animal diagnostics market, 2016-2027 (US$M)
Related Markets
Global companion animal diagnostics market highlights
- The global companion animal diagnostics market generated a revenue of USD 4,555.8 million in 2021 and is expected to reach USD 7,598.5 million by 2027.
- The market is expected to grow at a CAGR (2022 - 2027) of 8.9% by 2027.
- In terms of segment, dogs accounted for a revenue of USD 2,048.4 million in 2021.
- Cats is the most lucrative species segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Italy is expected to register the highest CAGR from 2022 to 2027.
Global data book summary
| Market revenue in 2021 | USD 4,555.8 million |
| Market revenue in 2027 | USD 7,598.5 million |
| Growth rate | 8.9% (CAGR from 2021 to 2027) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
Other key industry trends
- In terms of revenue, the North America accounted for 49.5% of the global companion animal diagnostics market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Italy is the fastest growing regional market and is projected to reach USD 278.6 million by 2027.
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Companion Animal Diagnostics Market Scope
Companion Animal Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global companion animal diagnostics 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 diagnostics market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 44.96% in 2021. Horizon Databook has segmented the Global companion animal diagnostics market based on dogs, cats covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Companion Animal Diagnostics Species Outlook (Revenue, USD Million, 2016-2027)
- Dogs
- Cats
- Others
- Global Companion Animal Diagnostics Technology Outlook (Revenue, USD Million, 2016-2027)
- Clinical Biochemistry
- Clinical Chemistry Analyzers
- Glucose monitoring
- Immunodiagnostics
- Hematology
- Molecular diagnostics
- Urinalysis
- Others
- Clinical Biochemistry
- Global Companion Animal Diagnostics Application Outlook (Revenue, USD Million, 2016-2027)
- Clinical Pathology
- Bacteriology
- Parasitology
- Others
- Global Companion Animal Diagnostics End Use Outlook (Revenue, USD Million, 2016-2027)
- Laboratories
- Veterinary Hospitals and Clinics
- Point-Of-Care/In-House Testing
- Research Institutes and Universities
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Target buyers of Global companion animal diagnostics market databook
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Our clientele includes a mix of companion animal diagnostics 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 global-level data and insights on the Global companion animal diagnostics market, including forecasts for subscribers. This global databook contains high-level insights into Global companion animal diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global companion animal diagnostics market size, by regions, 2016-2027 (US$M)
Top 10 countries: Companion animal diagnostics market size, 2021 (US$M)
Global companion animal diagnostics market share, by species, 2021 & 2027 (%, US$M)
Companion animal diagnostics market: Opportunity assessment by country
Global companion animal diagnostics market, by region, 2021 (US$M)
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