Veterinary Point of Care Diagnostics Market Size & Share 2025 – 2034
Market Size by Product, by Test Type, by Animal Type, by Sample Type, by Application, by End Use, Global Forecast.
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Market Size by Product, by Test Type, by Animal Type, by Sample Type, by Application, by End Use, Global Forecast.
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Starting at: $2,450
Base Year: 2024
Companies Profiled: 16
Tables & Figures: 240
Countries Covered: 19
Pages: 150
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Veterinary Point of Care Diagnostics Market
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Veterinary Point of Care Diagnostics Market Size
The global veterinary point of care diagnostics market was valued at USD 2.4 billion in 2024. The market is expected to grow from USD 2.6 billion in 2025 to USD 6.2 billion in 2034, growing at a CAGR of 10.2% over the analysis period. The rising prevalence of infectious diseases in animals is a major driver in the market.
Veterinary Point of Care Diagnostics Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
Moreover, this increasing prevalence of zoonotic and transboundary diseases further contributes to the market growth. For example, according to the report published by the NIH, about 60% of all known human infectious diseases are zoonotic, and around 75% of emerging infectious diseases are of animal origin. Furthermore, the increasing prevalence of infectious diseases in companion animals, such as parvovirus, feline leukaemia, and heartworm, increases the demand for diagnostic tools that help in early diagnosis of the disease.
Additionally, the rising population of both companion and livestock animals further contributes to the increased demand for effective diagnostic tools. As per the World Animal Foundation estimates, the companion animal population reached approximately 967 million worldwide, of which 522 million were dogs and 445 million were cats. Similarly, according to FAO, the global ruminant livestock population is roughly 3.6 billion, of which approximately 2 billion represents the total number of livestock animals used for meat and dairy products. Further, the global poultry population has reached an astounding 26 billion. Such a high volume of animals increases the demand for various animal healthcare products and veterinary services, including diagnostic solutions, thereby boosting the market growth.
Furthermore, availability of advanced medical facilities for pets, cutting-edge diagnostic laboratories, increasing number of veterinary hospitals and clinics, and high adoption of pet insurance are further set to positively impact the industry growth. In addition, several technological advancements in the field of veterinary medicine are set to positively influence the veterinary point of care diagnostics industry. For example, MARS has an AI technology that helps with the prediction of the genetic ancestry of animals. Additionally, AI and IoT are being used for livestock management that ensures the health and well-being of the livestock. Such advances increase the credibility of point of care diagnostic solutions, thereby increasing their adoption rates.
Veterinary point of care diagnostics refers to diagnostic tools and technologies that help in the early detection of diseases and on-site testing of health conditions that provide a real-time result, further helping the veterinarians and farmers to make treatment decisions for the well-being of the animals. Diagnosis helps in the reduction of treatment time and improves animal health, which drives the market. Moreover, the increasing advancements in diagnostic technology have resulted in improved animal health outcomes, better health management, and cost-effective care of animals.
Veterinary Point of Care Diagnostics Market Trends
Veterinary Point of Care Diagnostics Market Analysis
In 2021, the global market was valued at USD 1.8 billion. The following year, it saw a slight increase to USD 2 billion, and by 2023, the market further climbed to USD 2.1 billion.
Based on the product, the global market is divided into consumables and instruments and devices. The consumables segment dominated the market in 2024 and was valued at USD 1.6 billion.
Based on the test type, the global veterinary point of care diagnostics market is categorized into clinical biochemistry, immunodiagnostics, molecular diagnostics, haematology, urinalysis, and other test types. The clinical biochemistry segment dominated the market with 35.1% market share in 2024.
Based on the animal type, the global veterinary point of care diagnostics market is categorized into companion animals and livestock animals. The companion animals segment dominated the market in 2024 and is anticipated to witness growth at a CAGR of 10.3%. The segment includes animals such as dogs, cats, horses, and other companion animals.
Based on the sample type, the global veterinary point of care diagnostics market is categorized in blood/plasma/serum, urine, faecal, and other sample types. The blood/plasma/serum segment dominated the market in 2024 and is expected to reach USD 3 billion by 2034.
Based on the application, the global veterinary point of care diagnostics market is categorized into infectious diseases, non-infectious conditions, hereditary and congenital conditions, acquired health issues, and other applications. The infectious diseases segment dominated in 2024 and was valued at USD 1 billion.
Based on the end use, the global veterinary point of care diagnostics market is segmented into veterinary hospitals and clinics, diagnostic labs, home care settings, and other end users. The veterinary hospitals and clinics segment dominated the market in 2024 and was valued at USD 1.1 billion.
The North America veterinary point of care diagnostics market dominated the global market with a market share of 43.6% in 2024. The market is stimulated by the increasing incidence of animal diseases and the growing demand for rapid and on-site diagnostics. Advancements in point-of-care testing technologies and a rising focus on early and accurate diagnosis in both companion and livestock animals also support market growth.
The U.S. market was valued at USD 712 million and USD 779.9 million in 2021 and 2022, respectively. The market size reached USD 939.4 million in 2024, growing from USD 855.4 million in 2023.
Europe veterinary point of care diagnostics market accounted for USD 605.8 million in 2024 and is anticipated to show lucrative growth over the forecast period.
Germany veterinary point of care diagnostics market is anticipated to witness considerable growth over the analysis period.
The Asia Pacific veterinary point of care diagnostics market is anticipated to grow at the highest CAGR of 10.7% during the analysis timeframe.
India veterinary point of care diagnostics market is predicted to grow significantly over the forecast period.
Brazil is experiencing significant growth in the Latin America veterinary point of care diagnostics market due to the increasing demand for advanced diagnostic tools in veterinary care.
South Africa veterinary point of care diagnostics market is poised to witness substantial growth in Middle East and Africa market during the forecast period.
Veterinary Point of Care Diagnostics Market Share
Competition in the veterinary point of care diagnostics industry is marked by well-established companies, emerging firms, and local players fighting to capture a larger share of the market. Top 6 players such as Zoetis, Virbac, Thermo Fisher, Mindray, Fujifilm, and Idexx Laboratories account for approximately 60%-70% of the market share. These key players focus on various strategies such as acquisitions, business expansion and novel product launches to consolidate their market presence.
Additionally, there are several local and regional players operating in the market who are boosting competition by providing affordable options at lower costs. These players are also involved in several strategies such as mergers, acquisitions, and novel product launches to expand their product offerings.
Veterinary Point of Care Diagnostics Market Companies
Few prominent players operating in the veterinary point of care diagnostics industry includes:
Veterinary Point of Care Diagnostics Industry News
The veterinary point of care diagnostics market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 - 2034 for the following segments:
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Market, By Product
Market, By Test Type
Market, By Animal Type
Market, By Sample Type
Market, By Application
Market, By End Use
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
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2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
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5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
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Our triple-layer validation process ensures maximum data reliability:
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GMI archive
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