IMARC Group’s report titled “Veterinary Diagnostics Market Report by Product (Instruments, Kits and Reagents, Software and Services), Technology (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Hematology, and Others), Animal Type (Companion Animals, Livestock Animals), Disease Type (Infectious Diseases, Non-infectious Diseases, Hereditary, Congenital and Acquired Diseases, General Ailments, Structural and Functional Diseases), End User (Reference Laboratories, Veterinary Hospitals and Clinics, and Others), and Region 2025-2033”, The global veterinary diagnostics market size reached USD 7.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 13.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.97% during 2025-2033.
Factors Affecting the Growth of the Veterinary Diagnostics Industry:
New Technology in Diagnostic Tools:
The veterinary diagnostics market is growing fast because of new technologies. Tools like point-of-care testing, advanced imaging, and molecular diagnostics are making it quicker and easier to find out what’s wrong with animals. Point-of-care testing lets vets do tests in their clinics and get results immediately, speeding up treatments. Imaging tools like digital X-rays and ultrasounds give clear pictures of animals’ insides, helping vets find problems. Molecular diagnostics, which look at genes, help detect diseases early. These tools not only improve animal care but also make veterinary clinics run more smoothly. As these tools become common, the need for advanced diagnostics is expected to rise.
More Pets and Treating Them Like Family:
Pet ownership is growing, and people are treating their pets like family members. This trend became stronger during the pandemic, with more people adopting pets. Pet owners now pay more attention to their animals' health, getting regular check-ups and tests to keep them healthy. They want better care, including simple blood tests and advanced genetic screenings. Informed pet owners also choose vets with good diagnostic services. As the bond between pets and their owners grows, the need for better veterinary care and testing will keep increasing.
More Vet Clinics and Online Consultations:
There are more vet clinics and mobile services now, giving more people access to animal care. At the same time, telemedicine is changing how pet care works. Vets can now meet pet owners online, offer advice, and explain test results without needing an in-person visit. This is convenient and helps in emergencies or when fast answers are needed. Together, more clinics and online services are making pet care easier to access, driving up the demand for diagnostic tools and helping the market grow.
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Leading Companies Operating in the Global Veterinary Diagnostics Industry:
BioChek B.V.
Biomérieux SA
Heska Corporation
IDvet
IDEXX Laboratories Inc.
Neogen Corporation
Randox Laboratories Ltd.
Thermo Fisher Scientific Inc.
Virbac
Zoetis Inc.
Veterinary Diagnostics Market Report Segmentation:
Breakup By Product:
Instruments
Kits and Reagents
Software and Services
Breakup By Technology:
Immunodiagnostics
Clinical Biochemistry
Molecular Diagnostics
Hematology
Others
Breakup By Animal Type:
Companion Animals
Dogs
Cats
Others
Livestock Animals
Cattle
Swine
Poultry
Others
Breakup By Disease Type:
Infectious Diseases
Non-infectious Diseases
Hereditary, Congenital and Acquired Diseases
General Ailments
Structural and Functional Diseases
Breakup By End User:
Reference Laboratories
Veterinary Hospitals and Clinics
Others
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Veterinary Diagnostics Market Trends:
In 2024, the veterinary diagnostics market will grow with some key changes. More people will want fast, accurate tests to focus on preventing problems and catching diseases early. New technologies, like artificial intelligence, will make test results more accurate and help vets make quick decisions. Telemedicine will keep growing, letting pet owners talk to vets and get diagnostic help from home. Personalized care for pets will also grow, like genetic testing and special treatment plans. These changes will improve care for pets while making it easier and more convenient for owners. As a result, the veterinary diagnostics market will keep growing and focusing on better tools and care for animals.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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