North America Veterinary Molecular Diagnostics Market Size & Outlook

The veterinary molecular diagnostics market in North America is expected to reach a projected revenue of US$ 837.5 millions by 2030. A compound annual growth rate of 9.9% is expected of North America veterinary molecular diagnostics market from 2024 to 2030.
Revenue, 2023 (US$Ms)
$432.4
Forecast, 2030 (US$Ms)
$837.5
CAGR, 2024 - 2030
9.9%
Report Coverage
North America

North America veterinary molecular diagnostics market, 2018-2030 (US$Ms)

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North America veterinary molecular diagnostics market highlights

  • The North America veterinary molecular diagnostics market generated a revenue of USD 432.4 millions in 2023.
  • The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
  • In terms of segment, test kits & reagents was the largest revenue generating product in 2023.
  • Software & Services is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 432.4 millions
Market revenue in 2030USD 837.5 millions
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentTest kits & reagents
Fastest growing segmentSoftware & Services
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD millions
Market segmentationInstruments, Test Kits & Reagents, Software & Services


Other key industry trends

  • In terms of revenue, North America region accounted for 38.6% of the global veterinary molecular diagnostics 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 468.6 millions by 2030.

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Veterinary Molecular Diagnostics Market Companies

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North America veterinary molecular 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 molecular diagnostics market will help companies and investors design strategic landscapes.


Test kits & reagents was the largest segment with a revenue share of 48.17% in 2023. Horizon Databook has segmented the North America veterinary molecular diagnostics market based on instruments, test kits & reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of North America veterinary molecular diagnostics market databook

  • Our clientele includes a mix of veterinary molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 North America veterinary molecular diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into North America veterinary molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America veterinary molecular diagnostics market size, by country, 2018-2030 (US$Ms)

North America Veterinary Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$Ms)

North America veterinary molecular diagnostics market size, by country, 2018-2030 (US$Ms)

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