Latin America Veterinary Diagnostic Services Market Size & Outlook
Latin America veterinary diagnostic services market, 2018-2030 (US$M)
Latin America veterinary diagnostic services market highlights
- The Latin America veterinary diagnostic services market generated a revenue of USD 1,107.3 million in 2023.
- The market is expected to grow at a CAGR of 9.1% 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.
Latin America data book summary
| Market revenue in 2023 | USD 1,107.3 million |
| Market revenue in 2030 | USD 2,032.1 million |
| Growth rate | 9.1% (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, Latin America region accounted for 7.8% 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 |
|---|
Latin America 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 Latin America veterinary diagnostic services market based on in-vitro diagnosis covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Veterinary Diagnostic Services Test Type Outlook (Revenue, USD Million, 2018-2030)
- In-Vitro Diagnosis
- In-Vivo Diagnosis
- Latin America 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
- Latin America 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
- Latin America Veterinary Diagnostic Services Sector Outlook (Revenue, USD Million, 2018-2030)
- Public
- Private
- Latin America Veterinary Diagnostic Services Service Provider Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Hospital/Clinic Laboratories
- Reference Laboratories
- Latin America Veterinary Diagnostic Services Type Outlook (Revenue, USD Million, 2018-2030)
- Point-of-Care (POC)
- Laboratory-based
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Target buyers of Latin America 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 Latin America veterinary diagnostic services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary diagnostic services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America veterinary diagnostic services market
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