The Aquatic Veterinary Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for the aquatic veterinary industry has seen steady growth recently. It is projected to rise from $1.49 billion in 2024 to $1.56 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%.
The Aquatic Veterinary Global Market is projected to expand to $1.85 billion in 2029, with a compound annual growth rate (CAGR) of 5.4%.
Download Your Free Sample of the 2025 Aquatic Veterinary Market Report and Uncover Key Trends Now!The key drivers in the aquatic veterinary market are:
• Emergence of new technologies in diagnostics and treatment methods
• Increment in consumer demand for sustainable seafood
• Expansion of aquaculture industries in developing regions
• Increasing investments in research and development activities
The aquatic veterinary market covered in this report is segmented –
1) By Type: Diagnostics And Treatments
2) By Species: Fish, Crustaceans, Mollusca, Other Species
3) By Disease Source: Bacteria, Viruses, Parasites, Other Disease Sources
4) By Route Of Administration: Water Medication, Medicated Feed, Other Routes Of Administration
5) By Distribution Channel: Distributor, Online Stores, Retail, Others Distribution Channels
Subsegments:
1) By Diagnostics: Diagnostic Imaging, PCR Testing, Blood and Tissue Analysis, Microbial Testing, Rapid Diagnostic Tests (RDTs), Histopathology, Genetic Testing
2) By Treatments: Vaccines For Aquatic Animals, Antimicrobial and Antifungal Treatments, Parasitic Treatments, Pain Management Medications, Antibiotics For Aquatic Animals, Anti-Inflammatory Treatments, Probiotics And Nutraceuticals, Surgical Interventions
The key trends in the aquatic veterinary market are:
• Personalized medicine for aquatic species symbolizes a major emerging trend.
• There is a boost in the uptake of telemedicine and remote diagnostics in the field.
• Biotechnology and genomics' advancements are progressively influencing the market.
• Enhanced focus on aquatic species conservation and welfare is evident as a growing trend.
Major players in the aquatic veterinary market are:
• Merck & Co Inc.
• Sanofi SA
• GlaxoSmithKline PLC
• Takeda Pharmaceutical Company Limited
• HCX Pharmaceuticals LLP
• Intas Pharmaceuticals Ltd
• Bavarian Nordic AS
• Serum Institute of India Pvt Ltd.
• Bharat Serums And Vaccines Limited
• Indian Immunologicals Ltd.
• Bharat Biotech
• National Institute of Health Islamabad
• ViNS Bioproducts Ltd.
• Shanghai Serum Bio-technology
• Premium Serums and Vaccines Pvt Ltd .
• Congruent Pharmachem
• Haffkine Bio Pharmaceutical Corporation Limited
• LEXICARE PHARMA PVT. LTD.
• Avin Darou
• Central Research Institute Kasauli
• Vigilomed Pharmaceuticals
North America was the largest region in the aquatic veterinary market in 2024