The Veterinary Diagnostic Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Veterinary Diagnostic Services Market?
The market size of veterinary diagnostic services has seen substantial growth recently. The market is projected to expand from $13.05 billion in 2024 to $14.22 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Veterinary Diagnostic Services Industry?
The Veterinary Diagnostic Services Global Market is projected to grow to $19.78 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%.
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What are the Key Growth Drivers Fueling the Veterinary Diagnostic Services Market?
The key drivers in the veterinary diagnostic services market are:
• Growth in the pet population and demand for advanced diagnostics
• Higher adoption of artificial intelligence and machine learning in diagnostics
• Expansion of telemedicine and remote diagnostic services
• Rising emphasis on personalized and precision veterinary medicine.
Global Market Segmentation: Identifying Major Veterinary Diagnostic Services Industry Segments
The veterinary diagnostic services market covered in this report is segmented –
1) By Type: Point-Of-Care (PoC), Laboratory-Based
2) By Test: In Vitro Diagnosis, In Vivo Diagnosis
3) By Testing Category: Clinical Chemistry, Microbiology, Parasitology, Histopathology, Cytopathology, Hematology, Immunology And Serology, Imaging, Molecular Diagnostics, Other Categories
4) By Animal Type: Companion Animals, Production Animals, Other Animal Types
5) By Service Provider: Veterinary Hospital Or Clinic Laboratories, Reference Laboratories
Subsegments:
1) By Point-Of-Care (PoC): Rapid Test Kits, Portable Diagnostic Devices, Handheld Blood Analyzers, Point-of-Care Ultrasound, In-Hospital Testing Systems
2) By Laboratory-Based: Clinical Pathology Services, Histopathology Services, Microbiology Services, Serology Testing, Molecular Diagnostics, Biochemistry Testing, Reference Laboratory Services
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What are the emerging Trends Shaping the Future of the Veterinary Diagnostic Services Market?
The key trends in the veterinary diagnostic services market are:
• The integration of AI and big data analytics in diagnostic services is a key trend.
• The development of home testing solutions and wearable technology for continuous health monitoring is emerging.
• Preventive and proactive veterinary care is becoming increasingly popular.
• The creation of comprehensive diagnostic platforms and integrated solutions, coupled with digital health innovations, is a growing trend.
Who Are the Top Competitors & Leading Players in the Veterinary Diagnostic Services Market?
Major players in the veterinary diagnostic services market are:
• Thermo Fisher Scientific Inc.
• Zoetis Services LLC
• VCA Animal Hospitals
• Biomérieux SA
• SYNLAB International GmbH
• IDEXX Laboratories Inc.
• Virbac
• Antech Diagnostics Inc.
• Randox Laboratories Ltd.
• Heska Corporation
• Neogen Corporation
• Karyopharm Therapeutics
• MediVet
• IDvet
• Ellie Diagnostics
• BioChek B.V.
• Embark Veterinary Inc.
• NationWide Laboratories
• PetDx
• Scil Animal Care Company
• Ardent Animal Health
• Paw Print Genetics
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the veterinary diagnostic services market in 2024
