Latin America Veterinary Point Of Care Diagnostics Market Size & Outlook

The veterinary point of care diagnostics market in Latin America is expected to reach a projected revenue of US$ 210.8 million by 2030. A compound annual growth rate of 13% is expected of Latin America veterinary point of care diagnostics market from 2023 to 2030.
Revenue, 2022 (US$M)
$79.5
Forecast, 2030 (US$M)
$210.8
CAGR, 2023 - 2030
13%
Report Coverage
Latin America

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

Latin

Latin America veterinary point of care diagnostics market highlights

  • The Latin America veterinary point of care diagnostics market generated a revenue of USD 79.5 million in 2022.
  • The market is expected to grow at a CAGR of 13% 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.
  • Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 79.5 million
Market revenue in 2030USD 210.8 million
Growth rate13% (CAGR from 2022 to 2030)
Largest segmentCompanion animals
Fastest growing segmentLivestock Animals
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Latin America region accounted for 4.6% of the global veterinary point of care diagnostics market in 2022.
  • 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 532.1 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Veterinary Point Of Care Diagnostics Market Companies

Name Profile # Employees HQ Website

Latin America 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 57.99% in 2022. Horizon Databook has segmented the Latin America 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 LATAM veterinary POC market includes the following countries: Brazil, Mexico, and Argentina. The market is being driven by technological developments, growing pet population and humanization, the need to reduce antimicrobial resistance, and growth of service offerings by vet clinics. 

Furthermore, the market has been impacted by the global trend of digitalization in healthcare. Companies are investing in product development to improve testing accuracy, validate devices, broaden test menus, and automate as much of the process as feasible, lowering the difficulty of using these devices.

Reasons to subscribe to Latin America veterinary point of care diagnostics market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America 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 continent-level data and insights on the Latin America veterinary point of care diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Latin America veterinary point of care diagnostics market size, by country, 2018-2030 (US$M)

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

Latin America veterinary point of care diagnostics market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more