Research Expert: Sarah Overall
  • Published: Jun 2025
  • Pages: 150
  • SKU: IRTNTR40454

  • Latest News- Animal Health Diagnostics Market: Companion is expected to lead the Type segment during 2025-2029

    The Animal Health Diagnostics Market is being driven by Increase in pet humanization

    The Animal Health Diagnostics Market is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2102.5 million. In the dynamic animal health diagnostics market, major corporations are fostering collaboration with startups to integrate advanced technologies, particularly IoT, into both the pet and livestock sectors. IoT innovations, such as health monitors, are revolutionizing animal healthcare by collecting and analyzing extensive data over extended periods. This data-driven approach offers veterinarians and animal owners invaluable insights into animal health trends and behaviors, enabling more informed decision-making. In the burgeoning pet sector, there is a growing demand for health monitors, wearable activity trackers, and remote video-enabled engagement. Meanwhile, livestock industries benefit from monitoring solutions that provide real-time data analytics, allowing for timely intervention in feeding and healthcare. 

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    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Type
      • Companion
      • Livestock
    • End-user
      • Veterinary hospitals
      • Veterinary clinics
      • Point-of-care testing facilities
    • Technology
      • Immunodiagnostics
      • Molecular Diagnostics
      • Hematology
      • Clinical Biochemistry
      • Diagnostic Imaging
      • Urinalysis
      • Others
    • Product
      • Instruments
      • Consumables
      • Software & Services
    • Disease Type
      • Infectious Diseases
      • Non-Infectious Diseases
      • Hereditary/Congenital Diseases
      • General Ailments
      • Structural/Functional Diseases
    • Geography
      • North America
        • Canada
        • US
      • Europe
        • Germany
        • UK
        • France
        • Italy
      • Asia
        • China
        • India
        • Japan
        • South Korea
      • Rest of World (ROW)

      According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

      • Increase in pet humanization
      • Rising awareness about zoonotic diseases
      • Increasing dependency on livestock products

      However, the market also witnesses some limitations, which are as follows:

      • Rising cost of animal healthcare
      • Regulatory hurdles with animal health diagnostics
      • Lack of market penetration in rural areas

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      Market Scope in Animal Health Diagnostics Market Research Report

      Market Scope

      Report Coverage

      Details

      Page number

      198

      Base year

      2024

      Historic period

      2019-2023

      Forecast period

      2025-2029

      Growth momentum & CAGR

      Accelerate at a CAGR of 9.1%

      Market growth 2025-2029

      USD 2102.5 million

      Market structure

      fragmentation

      YoY growth 2024-2025(%)

      8.4

      Key countries

      US, Germany, UK, Japan, Canada, India, South Korea, Italy, Brazil, UAE, China, France, Rest of World (RoW), US, Germany, UK, China, France, Japan, Canada, India, South Korea, and Italy

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

      Find out which segment is leading the market by accessing the free PDF report

      Research Analysis Overview

      The Animal Health Diagnostics Market encompasses various technologies and services, including diagnostic imaging techniques such as computed tomography and magnetic resonance imaging, digital imaging, remote diagnostics, and personalized and precision diagnostics. This market caters to companion animals, livestock, and aquaculture, addressing disease outbreaks and epidemiological studies through microbiome analysis and antimicrobial resistance testing. Additionally, it involves veterinary pharmaceuticals, vaccine development, sample collection, preparation, and data analysis.

      Market Research Overview

      The Animal Health Diagnostics market is a significant segment of the larger global Healthcare Supplies industry. This sector encompasses businesses specializing in veterinary diagnostics, including animal disease testing through molecular diagnostics, serological testing, and microbiology testing. The parent Healthcare Supplies market encompasses manufacturers of medical consumables used for disease diagnosis and treatment, such as syringes, drapes, gloves, and gowns. According to Technavio, market expansion will be fueled by several key factors, including the increasing global population aging, with nearly one-quarter of the US population projected to be over 60 by 2050, and Europe reaching a similar demographic milestone by 2030. This demographic shift will increase the demand for veterinary diagnostics to ensure the health and wellbeing of aging pets and livestock.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


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      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: media@technavio.com
      Website: www.technavio.com/

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