Global Veterinary Diagnostics Market Size & Outlook
The veterinary diagnostics industry worldwide is expected to reach a projected revenue of US$ 18,120.9 million by 2030. A compound annual growth rate of 10% is expected of the worldwide veterinary diagnostics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,293.7
Forecast, 2030 (US$M)
$18,120.9
CAGR, 2024 - 2030
10%
Report Coverage
Worldwide
Global veterinary diagnostics market, 2018-2030 (US$M)
Related Markets
Global veterinary diagnostics market highlights
- The global veterinary diagnostics market generated a revenue of USD 9,293.7 million in 2023 and is expected to reach USD 18,120.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10% by 2030.
- In terms of segment, consumables, reagents & kits accounted for a revenue of USD 4,901.5 million in 2023.
- Consumables, Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,293.7 million |
| Market revenue in 2030 | USD 18,120.9 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Consumables, reagents & kits |
| Fastest growing segment | Consumables, Reagents & Kits |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Reagents & Kits, Equipment & Instruments |
Other key industry trends
- In terms of revenue, the North America accounted for 38.6% of the global veterinary diagnostics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,134.8 million by 2030.
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Veterinary Diagnostics Market Scope
Veterinary diagnostics market segmentation & scope
Veterinary Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global veterinary 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 veterinary diagnostics market will help companies and investors design strategic landscapes.
consumables, reagents & kits was the largest segment with a revenue share of 52.74% in 2023. Horizon Databook has segmented the Global veterinary diagnostics market based on consumables, reagents & kits, equipment & instruments covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Diagnostics Product Outlook (Revenue, USD Million, 2018-2030)
- Consumables, Reagents & Kits
- Equipment & Instruments
- Global Veterinary Diagnostics Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Dogs
- Cats
- Horses
- Other Companion Animals
- Production Animals
- Cattles
- Poultry
- Swine
- Other Production Animals
- Companion Animals
- Global Veterinary Diagnostics Testing Category Outlook (Revenue, USD Million, 2018-2030)
- Clinical Chemistry
- Microbiology
- Parasitology
- Histopathology
- Cytopathology
- Hematology
- Immunology & Serology
- Imaging
- Molecular Diagnostics
- Other Categories
- Global Veterinary Diagnostics End Use Outlook (Revenue, USD Million, 2018-2030)
- Reference Laboratories
- Veterinarians
- Animal Owners/ Producers
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Target buyers of Global veterinary diagnostics market databook
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Our clientele includes a mix of veterinary 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 veterinary diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global veterinary diagnostics market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Veterinary diagnostics market size, 2023 (USD Million)
Top 10 countries: Veterinary diagnostics market size, 2023 (USD Million)
Global veterinary diagnostics market, by region, 2023 (US$M)
Related regional statistics
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