PUBLISHER: The Business Research Company | PRODUCT CODE: 1938720
PUBLISHER: The Business Research Company | PRODUCT CODE: 1938720
Veterinary diagnostic equipment comprises devices and instruments that are primarily utilized by veterinary professionals to identify and diagnose various disorders in animals. These diagnostic tools include clinical thermometers, diagnostic lights, X-ray equipment, and specific diagnostic test kits, which aid in pinpointing the cause of disease and formulating the appropriate treatment plan for animals.
The primary categories of veterinary diagnostic equipment include hematology, immunodiagnostics, clinical chemistry, and molecular testing. Hematology involves the study of diseases related to blood, encompassing the prognosis, causes, and treatment of such conditions. Veterinary diagnostic equipment is employed in a range of settings, including hospitals, clinics, reference laboratories, universities, research centers, and for point-of-care or in-house testing, catering to both livestock like cattle and domestic pets.
Tariffs have influenced the veterinary diagnostic equipment market by increasing costs of imported analyzers, reagents, and electronic components such as sensors and imaging modules. These impacts are most pronounced in molecular testing and clinical chemistry segments, particularly in regions dependent on cross-border trade such as Asia-Pacific, Europe, and North America. Higher equipment and consumable costs can slow adoption among small clinics and reference laboratories. However, tariffs are also encouraging localized manufacturing, regional sourcing of reagents, and development of cost-optimized diagnostic solutions, supporting long-term market stability.
The veterinary diagnostic equipment market research report is one of a series of new reports from The Business Research Company that provides veterinary diagnostic equipment market statistics, including veterinary diagnostic equipment industry global market size, regional shares, competitors with a veterinary diagnostic equipment market share, detailed veterinary diagnostic equipment market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary diagnostic equipment industry. This veterinary diagnostic equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The veterinary diagnostic equipment market size has grown strongly in recent years. It will grow from $1.48 billion in 2025 to $1.58 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growth in veterinary healthcare expenditure, rising prevalence of animal diseases, increasing livestock health monitoring needs, expansion of veterinary clinics and laboratories, availability of basic diagnostic analyzers.
The veterinary diagnostic equipment market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for advanced diagnostics, growth in companion animal adoption, rising focus on preventive veterinary care, technological advancements in molecular testing, expansion of in-house diagnostic capabilities. Major trends in the forecast period include growing adoption of point-of-care diagnostic devices, increasing demand for rapid and accurate test results, expansion of diagnostic services in companion animal care, rising utilization of molecular and immunodiagnostic testing, greater focus on early disease detection and preventive care.
The increasing number of veterinary practitioners is expected to drive the growth of the veterinary diagnostic equipment market in the coming years. A veterinary practitioner is a professional working in the field of veterinary medicine, which focuses on the diagnosis, treatment, management, and prevention of diseases, disorders, and injuries in animals. The rise in the number of veterinary practitioners is largely attributed to the growing demand for professional pet care, driven by increasing pet ownership and higher spending on pet health. The veterinary diagnostic equipment market supports this expanding workforce by providing advanced diagnostic tools that enable quicker and more accurate diagnoses, helping veterinarians deliver improved care to a growing pet population. For example, in December 2023, according to a report published by the American Veterinary Medical Association, a U.S.-based veterinary organization, there were approximately 127,131 veterinarians actively practicing in the United States by the end of 2023. Therefore, the growing number of veterinary practitioners is contributing to the expansion of the veterinary diagnostic equipment market.
Major companies operating in the veterinary diagnostic equipment market are concentrating on developing innovative products, such as advanced diagnostic tests for kidney injury, to better serve the needs of their customers. A novel diagnostic test for kidney injury is an advanced medical test designed to detect and evaluate renal damage with greater accuracy, sensitivity, and specificity than traditional diagnostic methods. These tests often utilize emerging technologies, new biomarkers, or innovative techniques to support earlier detection and more precise assessment of kidney damage, leading to improved treatment outcomes. For instance, in June 2023, IDEXX Laboratories Inc., a U.S.-based company that develops, manufactures, and distributes products and services for companion animals, poultry, livestock, water testing, and dairy markets, launched the IDEXX Cystatin B Test. This newly developed veterinary diagnostic test is designed to identify kidney damage in cats and dogs and is incorporated into renal health test panels, providing new clinical insights during approximately two million patient visits each year. The IDEXX Cystatin B Test helps enhance understanding of kidney health by detecting damage even when changes in kidney function are not yet evident.
In April 2023, Mars Incorporated Petcare, a U.S.-based pet care company, acquired Heska Corporation for an undisclosed amount. Through this acquisition, Mars aimed to strengthen its position in the pet health market by integrating Heska Corporation's veterinary diagnostic products and services into its portfolio, thereby expanding its ability to deliver comprehensive care solutions for pets and capitalize on the rising demand for advanced veterinary services. Heska Corporation is a U.S.-based company specializing in the manufacturing of veterinary diagnostic equipment.
Major companies operating in the veterinary diagnostic equipment market are IDEXX Laboratories Inc., ABAXIS Inc., HESKA Corporation, Zoetis Inc., Neogen Corporation, MinXray, Diagnostic Imaging Systems, Esaote S.p.A., Henry Schein Inc., Idvet, Animal Biome, BioCHEK BV, DCN Dx Diagnostics, Hallmarq Veterinary Imaging Ltd., INDICAL Bioscience GmbH, VCA Antech Inc., Antech Diagnostics, E I Medical Imaging, Draminski S A, Biogal Labs, ANTECH Germany, IMV Imaging, Innovative Diagnostics SAS, Agrolabo S P A, Embark Veterinary Inc, Chembio Diagnostic Systems, Creative Diagnostics, MegaCor Veterinary Diagnostics GmbH
North America was the largest region in the veterinary diagnostic equipment market in 2025. Asia-Pacific was the second-largest region in the global veterinary diagnostic equipment market analysis. The regions covered in the veterinary diagnostic equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the veterinary diagnostic equipment market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The veterinary diagnostic equipment market consists of sales of testing reagents and kits, blood pressure monitoring devices, stethoscopes, and electrocardiograms. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Veterinary Diagnostic Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses veterinary diagnostic equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for veterinary diagnostic equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The veterinary diagnostic equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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