Veterinary Infectious Disease Diagnostics Market: Growth Prospects, Key Players, and Trends

Rapid advancements in the Veterinary Infectious Disease Diagnostics market are set to drive a projected growth rate of 9.1% from 2024 to 2025, with a further CAGR of 9.8% expected up to 2029. Market drivers and key trends shaping this expansion will be explored in more depth below.

What Is The Projected Market Size Of The Global Veterinary Infectious Disease Diagnostics Market And Its Growth Rate?

• In 2024, the Veterinary Infectious Disease Diagnostics market size was valued at $1.93 billion.
• The market is projected to grow at a CAGR of 9.1% to reach $2.11 billion in 2025, with growth attributed to increasing pet ownership, advancements in veterinary medicine, humanization of pets, and regulatory support.
• The market is expected to grow to $3.07 billion in 2029 at a CAGR of 9.8%. Drivers of future growth include emerging diseases, increased research and development, globalization of veterinary practices, and a growing livestock population.

What Is Driving The Growth In The Veterinary Infectious Disease Diagnostics Market?

The rise in transboundary and zoonotic diseases is a major factor propelling the growth of the veterinary infectious disease diagnostics market. Diseases such as rabies can be detected in pets and animals using veterinary infectious disease diagnostics. Research from the World Health Organization shows that rabies was found in over 150 nations and territories in 2022, with dogs accounting for up to 99% of all rabies transmissions. Veterinary infectious disease diagnostics have therefore risen in demand to prevent animal-sourced deaths, most notably in regions such as Asia and Africa.

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Who Are the Key Players Driving Veterinary Infectious Disease Diagnostics Market Growth?

• Zoetis Inc.
• IDEXX Laboratories Inc.
• Thermo Fisher Scientific Inc.
• QIAGEN N. V.
• IDvet
• NEOGEN Corporation
• INDICAL BIOSCIENCE GmbH
• Randox Laboratories Ltd
• Creative Diagnostics
• Heska Corporation
• Chembio Diagnostics Inc.
• URIT Medical Electronic Co. Ltd.
• NTBIO Diagnostics Inc.
• Bio-X Diagnostics
• Agrolabo Spa
• Virbac
• Covetrus Inc.
• Biomerieux S. A.
• Bio-Rad Laboratories Inc.
• Eurofins Scientific SE
• Fujifilm Wako Pure Chemical Corporation,
• GenScript Biotech Corporation
• Merck KGaA
• MP Biomedicals LLC
• Quidel Corporation
• Roche Diagnostics Corporation
• Siemens Healthineers AG
• Sysmex Corporation
• VCA Inc.
• Vetoquinol SA

What Are The Key Trends In The Veterinary Infectious Disease Diagnostics Market?

Trends driving the Veterinary Infectious Disease Diagnostics Market include:
• Technological innovations
• Rapid adoption of point-of-care testing
• Integration of molecular diagnostics in veterinary healthcare
• Expansion of product portfolios
• Collaborations and partnerships
• Customized diagnostics for different animal species

What Are The Segments Of The Global Veterinary Infectious Disease Diagnostics Market?

• By Infection Type: Viral Infections, Bacterial Infections, Parasitic Infections, Other Infections
• By Animal Type: Companion Animal, Food-Producing Animals
• By Technology: Immunodiagnostics, Molecular Diagnostic, Other Technologies
• By End User: Reference Laboratories, Veterinary Hospitals And Clinics, Point Of Care, Research Institutes And Universities, Other End Users

Which Region Leads The Veterinary Infectious Disease Diagnostics Market?

North America was the largest region in the veterinary disease diagnostics market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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