Latin America Veterinary Point Of Care Diagnostics Market Size & Outlook
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Latin America veterinary point of care diagnostics market highlights
- The Latin America veterinary point of care diagnostics market generated a revenue of USD 78.0 million in 2024.
- The market is expected to grow at a CAGR of 11.9% from 2025 to 2030.
- In terms of segment, companion animals was the largest revenue generating animal type in 2024.
- Livestock Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 78.0 million |
| Market revenue in 2030 | USD 149.9 million |
| Growth rate | 11.9% (CAGR from 2025 to 2030) |
| Largest segment | Companion animals |
| Fastest growing segment | Livestock Animals |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Livestock Animals |
| Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Thermo Fisher Scientific Inc, SoundCloud, Mindray Medical International, Esaote, FUJIFILM Holdings Corp, Woodley Equipment Company |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.0% of the global veterinary point of care diagnostics market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 827.6 million by 2030.
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Veterinary Point Of Care Diagnostics Market Scope
Veterinary Point Of Care Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America veterinary point of care 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 point of care diagnostics market will help companies and investors design strategic landscapes.
Companion animals was the largest segment with a revenue share of 60.13% in 2024. Horizon Databook has segmented the Latin America veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
The LATAM veterinary POC market includes the following countries: Brazil, Mexico, and Argentina. The market is being driven by technological developments, growing pet population and humanization, the need to reduce antimicrobial resistance, and growth of service offerings by vet clinics.
Furthermore, the market has been impacted by the global trend of digitalization in healthcare. Companies are investing in product development to improve testing accuracy, validate devices, broaden test menus, and automate as much of the process as feasible, lowering the difficulty of using these devices.
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Target buyers of Latin America veterinary point of care diagnostics market databook
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Our clientele includes a mix of veterinary point of care 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 continent-level data and insights on the Latin America veterinary point of care diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America veterinary point of care diagnostics market size, by country, 2018-2030 (US$M)
Latin America Veterinary Point Of Care Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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