Asia Pacific Veterinary Diagnostic Services Market Size & Outlook
Asia Pacific veterinary diagnostic services market, 2018-2030 (US$M)
Asia Pacific veterinary diagnostic services market highlights
- The Asia Pacific veterinary diagnostic services market generated a revenue of USD 2,349.2 million in 2023.
- The market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, in-vitro diagnosis was the largest revenue generating test type in 2023.
- In-Vitro Diagnosis is the most lucrative test type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,349.2 million |
| Market revenue in 2030 | USD 4,686.5 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | In-vitro diagnosis |
| Fastest growing segment | In-Vitro Diagnosis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-Vitro Diagnosis |
| Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, Neogen Corp, SYNLAB Group, Antech Diagnostics, NationWide Laboratories, Ellie Diagnostics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.6% of the global veterinary diagnostic services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,686.5 million by 2030.
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Veterinary Diagnostic Services Market Scope
Veterinary Diagnostic Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific veterinary 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 veterinary diagnostic services market will help companies and investors design strategic landscapes.
In-vitro diagnosis was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific veterinary diagnostic services market based on in-vitro diagnosis covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Veterinary Diagnostic Services Test Type Outlook (Revenue, USD Million, 2018-2030)
- In-Vitro Diagnosis
- In-Vivo Diagnosis
- Asia Pacific Veterinary Diagnostic Services Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Dogs
- Cats
- Horses
- Other Companion Animals
- Production Animals
- Cattle
- Poultry
- Swine
- Other Production Animals
- Companion Animals
- Asia Pacific Veterinary Diagnostic Services Testing Category Outlook (Revenue, USD Million, 2018-2030)
- Clinical Chemistry
- Microbiology
- Parasitology
- Histopathology
- Cytopathology
- Hematology
- Immunology & Serology
- Imaging
- Molecular Diagnostics
- Other Categories
- Asia Pacific Veterinary Diagnostic Services Sector Outlook (Revenue, USD Million, 2018-2030)
- Public
- Private
- Asia Pacific Veterinary Diagnostic Services Service Provider Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Hospital/Clinic Laboratories
- Reference Laboratories
- Asia Pacific Veterinary Diagnostic Services Type Outlook (Revenue, USD Million, 2018-2030)
- Point-of-Care (POC)
- Laboratory-based
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific veterinary diagnostic services market databook
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Our clientele includes a mix of veterinary 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 continent-level data and insights on the Asia Pacific veterinary diagnostic services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific veterinary diagnostic services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific veterinary diagnostic services market
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