Canada Veterinary Point Of Care Diagnostics Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$86.4

Forecast, 2030 (US$M)

$220.0

CAGR, 2023 - 2030

12.4%

Report Coverage

Canada

Canada veterinary point of care diagnostics market, 2018-2030 (US$M)

Related Markets

Global Veterinary Point Of Care Diagnostics Industry Outlook

North America Veterinary Point Of Care Diagnostics Market Outlook

U.S. Veterinary Point Of Care Diagnostics Market Outlook

Europe Veterinary Point Of Care Diagnostics Market Outlook

Germany Veterinary Point Of Care Diagnostics Market Outlook

France Veterinary Point Of Care Diagnostics Market Outlook

Italy Veterinary Point Of Care Diagnostics Market Outlook

Spain Veterinary Point Of Care Diagnostics Market Outlook

UK Veterinary Point Of Care Diagnostics Market Outlook

Asia Pacific Veterinary Point Of Care Diagnostics Market Outlook

Japan Veterinary Point Of Care Diagnostics Market Outlook

China Veterinary Point Of Care Diagnostics Market Outlook

India Veterinary Point Of Care Diagnostics Market Outlook

Australia Veterinary Point Of Care Diagnostics Market Outlook

South Korea Veterinary Point Of Care Diagnostics Market Outlook

Latin America Veterinary Point Of Care Diagnostics Market Outlook

Mexico Veterinary Point Of Care Diagnostics Market Outlook

Argentina Veterinary Point Of Care Diagnostics Market Outlook

Brazil Veterinary Point Of Care Diagnostics Market Outlook

MEA Veterinary Point Of Care Diagnostics Market Outlook

South Africa Veterinary Point Of Care Diagnostics Market Outlook

Saudi Arabia Veterinary Point Of Care Diagnostics Market Outlook

Israel Veterinary Point Of Care Diagnostics Market Outlook

Canada veterinary point of care diagnostics market highlights

The Canada veterinary point of care diagnostics market generated a revenue of USD 86.4 million in 2022 and is expected to reach USD 220.0 million by 2030.
The Canada market is expected to grow at a CAGR of 12.4% from 2023 to 2030.
In terms of segment, companion animals was the largest revenue generating animal type in 2022.
Livestock Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.

Veterinary point of care diagnostics market data book summary

Market revenue in 2022	USD 86.4 million
Market revenue in 2030	USD 220.0 million
Growth rate	12.4% (CAGR from 2022 to 2030)
Largest segment	Companion animals
Fastest growing segment	Livestock Animals
Historical data	2018 - 2021
Base year	2022
Forecast period	2023 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Companion Animals, Livestock Animals
Key market players worldwide	Zoetis Inc Class A, IDEXX Laboratories Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Thermo Fisher Scientific Inc, SoundCloud, Mindray Medical International, Esaote, FUJIFILM Holdings Corp, Woodley Equipment Company

Other key industry trends

In terms of revenue, Canada accounted for 4.9% of the global veterinary point of care diagnostics 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 point of care diagnostics 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 220.0 million by 2030.

Key Regions: U.S. , UK , Japan , Brazil , Germany

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Veterinary Point Of Care Diagnostics Market Scope

Veterinary point of care diagnostics market segmentation & scope

Animal Type

Companion Animals

Dogs

Cats

Horses

Other Companion Animals

Livestock Animals

Cattle

Swine

Poultry

Other Livestock Animals

Product

Consumables, Reagents, & Kits

Instruments & Devices

Other Testing Category

Urine

Fecal

Others

End Use

Veterinary Hospitals & Clinics

Regions

Europe

Countries

U.S.

Canada

Germany

France

Italy

Spain

China

Japan

India

Australia

South Korea

Brazil

Mexico

Argentina

South Africa

Saudi Arabia

Israel

Veterinary Point Of Care Diagnostics Market Companies

Name	Profile	# Employees	HQ	Website

Canada veterinary point of care 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 point of care diagnostics market will help companies and investors design strategic landscapes.

Companion animals was the largest segment with a revenue share of 50.69% in 2022. Horizon Databook has segmented the Canada veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.

Market growth in Canada can be attributed to high-quality veterinary services and the presence of veterinarians in the southern areas of the country, such as British Colombia & Ontario. Increasing pet ownership and a large number of pet parents & individuals investing in the treatment of their pets have accelerated product demand in the country.

According to a nationwide survey, there will be approximately 8.5 million cats in Canadian households in 2022. Around 7.9 million dogs were kept as pets in the Canada. Key market players are also contributing to market growth continuously through various strategies, including regional expansion, new product launches, and partnerships & collaborations.

For instance, in November 2021, FUJIFILM Corporation expanded into the veterinary business with the acquisition of DMV Imaging, a French company, and launched FUJIFILM VET Systems. This acquisition enabled Fujifilm to have direct contact with veterinarians and further strengthen its diagnostic solution portfolio & services capability.

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Our clientele includes a mix of veterinary point of care diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Canada veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.