Japan Veterinary Point Of Care Diagnostics Market Size & Outlook

The veterinary point of care diagnostics market in Japan is expected to reach a projected revenue of US$ 136.0 million by 2030. A compound annual growth rate of 14.1% is expected of Japan veterinary point of care diagnostics market from 2023 to 2030.
Revenue, 2022 (US$M)
$47.2
Forecast, 2030 (US$M)
$136.0
CAGR, 2023 - 2030
14.1%
Report Coverage
Japan

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

Japan

Japan veterinary point of care diagnostics market highlights

  • The Japan veterinary point of care diagnostics market generated a revenue of USD 47.2 million in 2022 and is expected to reach USD 136.0 million by 2030.
  • The Japan market is expected to grow at a CAGR of 14.1% 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 2022USD 47.2 million
Market revenue in 2030USD 136.0 million
Growth rate14.1% (CAGR from 2022 to 2030)
Largest segmentCompanion animals
Fastest growing segmentLivestock Animals
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCompanion Animals, Livestock Animals
Key market players worldwideZoetis 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, Japan accounted for 2.7% 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.

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Veterinary Point Of Care Diagnostics Market Companies

Name Profile # Employees HQ Website

Japan 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 64.62% in 2022. Horizon Databook has segmented the Japan veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.


Rising prevalence of diseases in animals in Japan is a major factor contributing to Japan’s veterinary point of care diagnosis market. Moreover, increasing demand and adoption for veterinary pet diagnostic kits and tools further propel the market growth. Increasing pet ownership in Japan is one of factor driving veterinary POC market. 

Pet adoptions in Japan increased since pandemic situation. A survey conducted by the Japan Pet Food Association in 2020, found a 15 percent increase in cat and dog ownership compared to the year 2019. There were almost 8.49 million dogs and 9.64 million cats are treated as a pets in Japan as of October 2020.

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Target buyers of Japan veterinary point of care diagnostics market databook

  • Our clientele includes a mix of veterinary point of care 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 country-level data and insights on the Japan veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Japan veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan veterinary point of care diagnostics market size, by animal type, 2018-2030 (US$M)

Japan Veterinary Point Of Care Diagnostics Market Outlook Share, 2022 & 2030 (US$M)

Japan veterinary point of care diagnostics market size, by animal type, 2018-2030 (US$M)

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