Home > Animal Health & Nutrition > Veterinary Services > Veterinary Diagnostic Services Market

Veterinary Diagnostic Services Market Share

Report ID: GMI10441
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Veterinary Diagnostic Services Market Share

The market is characterized by a diverse array of players offering a range of diagnostic technologies and services. Key competitive factors include technological advancements in imaging, molecular diagnostics, and point-of-care testing fuelling the diagnostic services demand. Companies compete based on product innovation, accuracy of diagnostic tests, and geographic reach. Strategic partnerships, mergers, and acquisitions are common strategies to enhance market presence and expand service offerings.

Veterinary Diagnostic Services Market Companies

Few of the prominent players operating in the veterinary diagnostic services industry include:

ANICON (SAN Group)
Antech Diagnostics, Inc. (Mars, Inc.)
Ellie Diagnostics
Embark Veterinary, Inc.
IDEXX Laboratories, Inc.
IVET Labs
NationWide Laboratories
Neogen Corporation
Pathvets
SYNLAB
Veterinary Healthcare Company (VETHC)
Zoetis Services LLC (Zoetis Inc.)

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The veterinary diagnostic services market size was valued at USD 36.1 billion in 2023 and is estimated to record 6.3% CAGR from 2024 to 2032, due to the increasing animal population, rising incidence of zoonotic diseases, and higher disposable incomes.

The laboratory-based segment holds the largest market share of 62.7% in 2023 and is expected to maintain dominance through 2032, owing to accuracy, reliability, and comprehensive diagnostic capabilities.

U.S. dominated North America veterinary diagnostic services industry accounting for USD 14.9 billion in 2023 and is anticipated to show considerable growth over 2024-2032, due to high pet ownership rates and significant investment in R&D.

Ellie Diagnostics, Embark Veterinary, Inc., IDEXX Laboratories, Inc., IVET Labs, NationWide Laboratories, Neogen Corporation, Pathvets, and SYNLAB among others.