France Veterinary Diagnostics Market Size & Outlook
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France veterinary diagnostics market highlights
- The France veterinary diagnostics market generated a revenue of USD 397.7 million in 2023 and is expected to reach USD 777.6 million by 2030.
- The France market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, consumables, reagents & kits was the largest revenue generating product in 2023.
- Consumables, Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary diagnostics market data book summary
| Market revenue in 2023 | USD 397.7 million |
| Market revenue in 2030 | USD 777.6 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Consumables, reagents & kits |
| Fastest growing segment | Consumables, Reagents & Kits |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Reagents & Kits, Equipment & Instruments |
| Key market players worldwide | IDEXX Laboratories Inc, Zoetis Inc Class A, Antech Diagnostics, Hera SpA, Embark, Esaote, Thermo Fisher Scientific Inc, Virbac SA, FUJIFILM Holdings Corp |
Other key industry trends
- In terms of revenue, France accounted for 4.3% of the global veterinary diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 284.9 million by 2030.
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Veterinary Diagnostics Market Scope
Veterinary Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hera SpA | View profile | 9965 | Viale Carlo Berti Pichat nr. 2/4, Bologna, Italy, 40127 | https://www.gruppohera.it |
| Embark | View profile | 101-250 | Boston, Massachusetts, United States, North America | https://embarkvet.com |
| Esaote | View profile | - | - | |
| Antech Diagnostics | View profile | 1001-5000 | Irvine, California, United States, North America | https://www.antechdiagnostics.com |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
France 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 53.03% in 2024. Horizon Databook has segmented the France veterinary diagnostics market based on consumables, reagents & kits, equipment & instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The veterinary diagnostics market in France is expected to grow at a steady rate due to innovations in diagnostic tools, which is expected to fuel market growth.
Technological advancements have also increased growth opportunities for players operating in the market. Launch of innovative veterinary diagnostic devices has increased the adoption of such tools, especially in the companion animal segment.
According to the European Board of Veterinary Specialists, increase in the number of government initiatives to promote animal welfare is likely to boost market growth. Furthermore, intensive farm practices are increasing the risk of zoonotic diseases, which is likely to drive market growth in France.
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Target buyers of France veterinary diagnostics market databook
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Our clientele includes a mix of veterinary diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the France veterinary diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into France veterinary diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France veterinary diagnostics market size, by product, 2018-2030 (US$M)
France Veterinary Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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