Insightful Companion Animal Diagnostic Services Market Report 2025 – For Product, Marketing, and Strategy Teams

 

This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Companion Animal Diagnostic Services industry.

#How has the companion animal diagnostic services market size changed in recent years, and what is the outlook ahead?#
The companion animal diagnostic services market size has grown strongly in recent years. It will grow from $6.93 billion in 2024 to $7.53 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increase in pet ownership, rise in prevalence of zoonotic diseases, growth in pet healthcare expenditure, growth in demand for preventive healthcare, and government initiatives and regulations.

The companion animal diagnostic services market size is expected to see strong growth in the next few years. It will grow to $10.39 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growing pet population, expansion of telemedicine for pets, rising pet insurance adoption, focus on early disease detection, and growing veterinary clinics and hospitals. Major trends in the forecast period include integration of AI and machine learning, adoption of telemedicine, development of advanced biomarkers and genetic testing, advancements in wearable health technology for pets, enhanced point-of-care diagnostic tools, and innovations in non-invasive diagnostic methods.

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#What are the top economic and technological drivers pushing companion animal diagnostic services market growth?
The increasing pet ownership is expected to propel the growth of the companion animal diagnostic services market going forward. Pet companion ship includes the growing need for individuals to get pet companion that offers emotional support, improved mental and physical health, lifestyle choices, and cultural or social influences. Companion animal diagnostic services enhance pet ownership by providing early detection and accurate diagnosis of health issues, leading to timely treatments and improved overall pet well-being. For instance, in April 2023, according to the UK Parliament, a UK-based legislative body, in 2023, 53% of UK adults own a pet, an increase from 51% in February 2020. Therefore, increasing pet ownership is driving the companion animal diagnostic services market.

#How is the companion animal diagnostic services market segmented by product, application, and end-user?#
The companion animal diagnostic services market covered in this report is segmented –

1) By Type: Point-Of-Care (POC), Laboratory-Based
2) By Animal Type: Dogs, Cats, Horses, Other Animal Types
3) By Testing Category: Clinical Chemistry, Microbiology, Parasitology, Histopathology, Cytopathology, Hematology, Immunology And Serology, Imaging, Molecular Diagnostics, Other Testing Categories

Subsegments:
1) By Point-Of-Care (POC): Rapid Diagnostic Tests, Portable Diagnostic Devices, In-Clinic Testing Services, Blood Glucose Monitors
2) By Laboratory-Based: Clinical Pathology Services, Imaging Services, Histopathology And Cytology, Microbiology And Infectious Disease Testing, Genetic Testing Services

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#What evolving trends are creating new opportunities in the companion animal diagnostic services market?#
Major companies operating in the companion animal diagnostic services market are developing genetic screening kits to help identify hereditary conditions and predispositions to certain diseases. Genetic screening allows veterinarians to detect hereditary conditions, enabling early treatment and improved health outcomes. For instance, in June 2023, Neogen Corporation, a US-based biotechnology research company, launched My CatScan 2.0, simplifying genetic screening through a noninvasive cheek swab. My CatScan 2.0 identifies over 120 genetic health conditions and offers customizable insights based on breed, organ system, or symptoms. This tailored approach provides critical data for informed decision-making regarding a cat’s health.

#Which leading companies are dominating the companion animal diagnostic services market landscape?#
Major companies operating in the companion animal diagnostic services market are Mars Incorporated, Thermo Fisher Scientific Inc., Fujifilm Holdings Corporation, Zoetis Services LLC, Eurofins Scientific SE, Patterson Companies Inc., Charles River Laboratories, SYNLAB Group, IDEXX Laboratories Inc., Independent Vetcare Limited, Virbac SA, CVS Group Plc, Neogen Corporation, Randox Laboratories Limited, Greencross Vets, Heska Corporation, Abaxis Inc., Gribbles Veterinary Pathology, i-SENS Inc., Innovative Diagnostics SAS, Embark Veterinary Inc., NationWide Laboratories, Demeditec Diagnostics GmbH, Universal Biosensors Inc., Companion Animal Medical Center

#Which geographic areas are expected to offer the highest growth opportunities in thecompanion animal diagnostic services market?#
North America was the largest region in the companion animal diagnostic services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the companion animal diagnostic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Can Companies Use The Companion Animal Diagnostic Services Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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