Global Veterinary Diagnostics Market Size & Outlook

The veterinary diagnostics industry worldwide is expected to reach a projected revenue of US$ 18,120.9 million by 2030. A compound annual growth rate of 10% is expected of the worldwide veterinary diagnostics industry from 2025 to 2030.
Revenue, 2024 (US$M)
$10,215.4
Forecast, 2030 (US$M)
$18,120.9
CAGR, 2025 - 2030
10%
Report Coverage
Worldwide

Global veterinary diagnostics market, 2018-2030 (US$M)

Global veterinary diagnostics market highlights

  • The global veterinary diagnostics market generated a revenue of USD 9,293.7 million in 2023 and is expected to reach USD 18,120.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10% by 2030.
  • In terms of segment, consumables, reagents & kits accounted for a revenue of USD 4,901.5 million in 2023.
  • Consumables, Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 9,293.7 million
Market revenue in 2030USD 18,120.9 million
Growth rate10% (CAGR from 2023 to 2030)
Largest segmentConsumables, reagents & kits
Fastest growing segmentConsumables, Reagents & Kits
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Reagents & Kits, Equipment & Instruments

Other key industry trends

  • In terms of revenue, the North America accounted for 38.6% of the global veterinary diagnostics market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 1,134.8 million by 2030.

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Veterinary Diagnostics Market Companies

Name Profile # Employees HQ Website

Global veterinary 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 diagnostics market will help companies and investors design strategic landscapes.


Consumables, reagents & kits was the largest segment with a revenue share of 52.74% in 2024. Horizon Databook has segmented the Global veterinary diagnostics market based on consumables, reagents & kits, equipment & instruments covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Veterinary Diagnostics Product Outlook (Revenue, USD Million, 2018-2030)
    • Consumables, Reagents & Kits
    • Equipment & Instruments
  • Global Veterinary Diagnostics Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Companion Animals
      • Dogs
      • Cats
      • Horses
      • Other Companion Animals
    • Production Animals
      • Cattles
      • Poultry
      • Swine
      • Other Production Animals
  • Global Veterinary Diagnostics Testing Category Outlook (Revenue, USD Million, 2018-2030)
    • Clinical Chemistry
    • Microbiology
    • Parasitology
    • Histopathology
    • Cytopathology
    • Hematology
    • Immunology & Serology
    • Imaging
    • Molecular Diagnostics
    • Other Categories
  • Global Veterinary Diagnostics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Reference Laboratories
    • Veterinarians
    • Animal Owners/ Producers

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Target buyers of Global veterinary diagnostics market databook

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

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Global veterinary diagnostics market size, by region, 2018-2030 (US$M)

Top 10 countries: Veterinary diagnostics market size, 2023 (US$M)

Global veterinary diagnostics market share, by product, 2023 & 2030 (%, US$M)

Veterinary diagnostics market: Opportunity assessment by country

Global veterinary diagnostics market, by region, 2024 (US$M)

Global veterinary diagnostics market size, by region, 2018-2030 (US$M)

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