Companion Animal Diagnostics Market Size, Share, and Growth Analysis, By Technology (Clinical biochemistry, Immunodiagnostics), By Animal Type (Dogs, Cats), By Application, By End User, By Region

Description

Companion Animal Diagnostics Market size was valued at USD 2.65 Billion in 2024 and is poised to grow from USD 2.9 Billion in 2025 to USD 5.94 Billion by 2033, growing at a CAGR of 9.4% during the forecast period (2026-2033).

The growing prevalence of chronic health issues in pets is driving advancements in companion animal diagnostics, particularly as more pet owners recognize the importance of veterinary care. Significant rises in conditions such as canine and feline diabetes are indicative of this trend. The increasing number of households with dogs and cats underlines a broader acceptance of companion animals, fostering revenue growth in the sector. There is a notable demand for automated and semi-automated diagnostic tests that facilitate efficient sample handling and comprehensive disorder screening. Additionally, the surge in glucose monitoring capabilities for early diabetes detection enhances market potential. The emphasis on Point of Care Diagnostics (POCD) for quick test results is further shaping market dynamics, as companies invest in innovative diagnostic solutions to meet this burgeoning demand.

Top-down and bottom-up approaches were used to estimate and validate the size of the Companion Animal Diagnostics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Companion Animal Diagnostics Market Segments Analysis

Global Companion Animal Diagnostics Market is segmented by Technology, Animal Type, Application, End User, and region. Based on Technology, the market is segmented into Clinical biochemistry, Immunodiagnostics, Hematology, Urinalysis, Molecularity Molecular diagnostics, and Other Companion Animal Diagnostic Technologies. Based on Animal Type, the market is segmented into Dogs, Cats, Horses, and Other companion animals. Based on Application, the market is segmented into Clinical Pathology, Bacteriology, Virology, Parasitology, and Other Applications. Based on End User, the market is segmented into Diagnostic Laboratories, Veterinary Hospitals & Clinics, Research Institutes & Universities, and Home-care Settings. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Companion Animal Diagnostics Market

The Companion Animal Diagnostics market is experiencing growth due to the rise of portable diagnostic tools that facilitate point-of-care services for detecting animal illnesses. Leading manufacturers are focusing on developing these mobile tools specifically for field veterinarians, enabling them to conduct diagnostics in remote locations such as homes or shelters, as well as during emergencies. The increasing demand among veterinarians for immediate diagnostic solutions is motivating the adoption of these portable systems, which not only streamline the process of gathering data but also enhance communication across various departments within larger veterinary hospitals and research institutions.

Restraints in the Companion Animal Diagnostics Market

The Companion Animal Diagnostics market faces several significant challenges that may hinder its growth. Rising costs associated with pet care can deter pet owners from seeking necessary diagnostic services, impacting overall demand. Furthermore, a shortage of veterinarians in developing regions compounds this issue, limiting access to essential healthcare for animals. Additionally, a general lack of awareness regarding animal healthcare among pet owners further obstructs market expansion, as insufficient knowledge can lead to underutilization of diagnostic services. These factors combined present formidable barriers to the growth of the Companion Animal Diagnostics market, necessitating strategic approaches to overcome them.

Market Trends of the Companion Animal Diagnostics Market

The Companion Animal Diagnostics market is experiencing a notable trend towards increased research and development aimed at enhancing diagnostic devices for pets. This surge is driven by the recognition of the epidemiological connections between infectious diseases, such as SARS-CoV-2, and the health of companion animals, underscoring their importance in public health and biodiversity. Collaborative efforts among health authorities are facilitating proactive monitoring of potential zoonotic transmissions, especially in cats and dogs in contact with COVID-19-positive individuals. Such initiatives not only aim to safeguard animal health but also highlight the integration of veterinary diagnostics into broader health surveillance frameworks.

Product Code: SQMIG35D2047

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2025
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Regulatory Landscape
Case Studies

Global Companion Animal Diagnostics Market Size by Type & CAGR (2026-2033)

Market Overview
Clinical biochemistry
- Clinical chemistry analysis
- Reagents, clips, and cartridges
- Analyzers
- Glucose monitoring
- Blood glucose strips
- Glucose monitors
- Urine glucose strips
- Blood gas electrolyte analysis
- Reagents, clips, and cartridges
- Blood gas & electrolyte analyzers
Immunodiagnostics
- Lateral flow assays
- Rapid tests
- Strip readers (Lateral flow readers)
- Elisa tests
- Allergen-specific immunodiagnostic tests
- Immunoassay analyzers
- Other immunodiagnostic Animal Types
Hematology
- Cartridges
- Analyzers
Urinalysis
- Clips & cartridges/panels
- Urine Analyzers
- Urine test strips
Molecular diagnostics
- Polymerase chain reaction tests
- Microarrays
- Other molecular diagnostic Animal Types
Other Companion Animal Diagnostic Technologies

Global Companion Animal Diagnostics Market Size by Animal Type & CAGR (2026-2033)

Market Overview
Dogs
Cats
Horses
Other companion animals

Global Companion Animal Diagnostics Market Size by Application & CAGR (2026-2033)

Market Overview
Clinical Pathology
Bacteriology
Virology
Parasitology
Other Applications

Global Companion Animal Diagnostics Market Size by End User & CAGR (2026-2033)

Market Overview
Diagnostic Laboratories
Veterinary Hospitals & Clinics
Research Institutes & Universities
Home-care Settings

Global Companion Animal Diagnostics Market Size & CAGR (2026-2033)

North America (Technology, Animal Type, Application, End User)
- US
- Canada
Europe (Technology, Animal Type, Application, End User)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific (Technology, Animal Type, Application, End User)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America (Technology, Animal Type, Application, End User)
- Brazil
- Rest of Latin America
Middle East & Africa (Technology, Animal Type, Application, End User)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2025
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2025
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Idexx Laboratories, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Zoetis Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Thermo Fisher Scientific Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Biomerieux SA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Virbac
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Neogen Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Fujifilm Holdings Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Indical Bioscience GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Idvet
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Randox Laboratories, Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bionote, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Skyla Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Urit Medical Electronic Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nova Biomedical
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Fassisi GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Swissavans AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Alvedia
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Megacor Veterinary Diagnostics
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Biopanda Reagents Ltd
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Anipoc Ltd
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ring Biotechnology Co Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Companion Animal Diagnostics Market Size, Share, and Growth Analysis, By Technology (Clinical biochemistry, Immunodiagnostics), By Animal Type (Dogs, Cats), By Application, By End User, By Region - Industry Forecast 2026-2033