U.S. Veterinary Oncology Market Size & Outlook, 2022-2030
U.S. veterinary oncology market, 2018-2030 (US$M)
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U.S. veterinary oncology market highlights
- The U.S. veterinary oncology market generated a revenue of USD 98.1 million in 2022 and is expected to reach USD 225.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11% from 2023 to 2030.
- In terms of segment, radiology was the largest revenue generating therapy in 2022.
- Immunotherapy is the most lucrative therapy segment registering the fastest growth during the forecast period.
Veterinary oncology market data book summary
| Market revenue in 2022 | USD 98.1 million |
| Market revenue in 2030 | USD 225.6 million |
| Growth rate | 11% (CAGR from 2022 to 2030) |
| Largest segment | Radiology |
| Fastest growing segment | Immunotherapy |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgery, Radiology, Chemotherapy, Immunotherapy |
| Key market players worldwide | Zoetis Inc Class A, Karyopharm Therapeutics Inc, Varian, Accuray Inc, PetCure Oncology, Boehringer Ingelheim, Elanco Animal Health Inc, One Health Group, Regeneus |
Other key industry trends
- In terms of revenue, U.S. accounted for 42.4% of the global veterinary oncology market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. veterinary oncology market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 21.1 million by 2030.
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Veterinary Oncology Market Scope
Veterinary Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. veterinary oncology 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 oncology market will help companies and investors design strategic landscapes.
Radiology was the largest segment with a revenue share of 28.13% in 2022. Horizon Databook has segmented the U.S. veterinary oncology market based on surgery, radiology, chemotherapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. market for veterinary oncology is primarily driven by key factors such as the increasing incidence of cancer in domestic animals, growing uptake of pet insurance, and high spending on veterinary care.
Moreover, various initiatives by animal health organizations and regulatory bodies, such as the Veterinary Cancer Society, a nonprofit educational group seeking to promote research and collaboration in the field of veterinary oncology, are contributing to market growth.
The U.S. market for veterinary oncology is primarily driven by key factors such as the increasing incidence of cancer in domestic animals, growing uptake of pet insurance, and high spending on veterinary care.
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Target buyers of U.S. veterinary oncology market databook
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Our clientele includes a mix of veterinary oncology 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 country-level data and insights on the U.S. veterinary oncology market, including forecasts for subscribers. This country databook contains high-level insights into U.S. veterinary oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. veterinary oncology market size, by therapy, 2016-2027 (US$M)
U.S. Veterinary Oncology Market Share, 2022 & 2030 (US$M)
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