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

Revenue, 2022 (US$M)

$21.4

Forecast, 2030 (US$M)

$71.6

CAGR, 2023 - 2030

16.3%

Report Coverage

India

India 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

Canada 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

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

India veterinary point of care diagnostics market highlights

The India veterinary point of care diagnostics market generated a revenue of USD 21.4 million in 2022 and is expected to reach USD 71.6 million by 2030.
The India market is expected to grow at a CAGR of 16.3% 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 21.4 million
Market revenue in 2030	USD 71.6 million
Growth rate	16.3% (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, India accounted for 1.2% 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 Asia Pacific, Australia veterinary point of care diagnostics market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 71.6 million by 2030.

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

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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

India 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 57.48% in 2022. Horizon Databook has segmented the India veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.

The increasing livestock population in India is likely to boost the demand for veterinary point of care diagnostic tools. In 2021, in India, the estimated cattle population reached 195.6 million, up from 193.4 million in 2019. Moreover, increasing pet adoption in India and growing awareness about pet health are likely to further fuel the market.

Pet ownership in India is steadily increasing amid the COVID19 pandemic. According to an article published by Business Today, currently, there are around 19 million pets in India, wherein around 80% of these are dogs, followed by cats and smaller animals such as birds & fish.

Around, 600,000 pets are adopted every year in the country. In 2021, India had 32.0 million pets, and the pet population is growing at a rate of more than 12% annually.

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Horizon Databook provides a detailed overview of country-level data and insights on the India veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into India veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.