Companion Animal Diagnostic Services Market Report 2025

This companion animal diagnostic services market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The companion animal diagnostic services market size has grown strongly in recent years. It will grow from $6.93 billion in 2024 to $7.53 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increase in pet ownership, rise in prevalence of zoonotic diseases, growth in pet healthcare expenditure, growth in demand for preventive healthcare, and government initiatives and regulations.

The companion animal diagnostic services market size is expected to see strong growth in the next few years. It will grow to $10.39 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growing pet population, expansion of telemedicine for pets, rising pet insurance adoption, focus on early disease detection, and growing veterinary clinics and hospitals. Major trends in the forecast period include integration of AI and machine learning, adoption of telemedicine, development of advanced biomarkers and genetic testing, advancements in wearable health technology for pets, enhanced point-of-care diagnostic tools, and innovations in non-invasive diagnostic methods.

The growing trend of pet ownership is expected to drive the growth of the companion animal diagnostic services market. Pet ownership reflects a rising demand for companions that provide emotional support, improve mental and physical well-being, and are influenced by lifestyle, culture, or social factors. Companion animal diagnostic services play a key role by offering early detection and accurate diagnosis of health issues, enabling timely treatments and enhancing overall pet health. For instance, the UK Parliament reported in April 2023 that 53% of UK adults owned a pet, up from 51% in February 2020. This increase in pet ownership is contributing to the expansion of the companion animal diagnostic services market.

Leading companies in the companion animal diagnostic services industry are focusing on the development of genetic screening kits to detect hereditary conditions and disease predispositions. These screenings help veterinarians identify genetic conditions early, improving health outcomes through timely interventions. In June 2023, Neogen Corporation, a biotechnology research company based in the US, introduced My CatScan 2.0. This product simplifies genetic screening using a noninvasive cheek swab and can detect over 120 genetic health conditions, offering customizable insights based on breed, symptoms, or organ system. This personalized approach provides valuable data for making informed decisions regarding a cat’s health.

In June 2023, Mars Inc., a US-based manufacturer of confectionery, pet food, and provider of animal care services, acquired Heska Corp. for $1.3 billion. The acquisition bolsters Mars Petcare's veterinary care offerings and reinforces its commitment to improving pet health. Heska has now become part of Mars Petcare's science and diagnostics division, which also includes Antech Diagnostics. This integration enhances diagnostic services for veterinarians and pet owners by expanding access to advanced diagnostic technologies and fostering further research and development in veterinary healthcare. Heska Corp, a US-based veterinary services company, specializes in the development, manufacturing, and commercialization of advanced diagnostic and specialty products for canine and feline health.

Major companies operating in the companion animal diagnostic services market are Mars Incorporated, Thermo Fisher Scientific Inc., Fujifilm Holdings Corporation, Zoetis Services LLC, Eurofins Scientific SE, Patterson Companies Inc., Charles River Laboratories, SYNLAB Group, IDEXX Laboratories Inc., Independent Vetcare Limited, Virbac SA, CVS Group Plc, Neogen Corporation, Randox Laboratories Limited, Greencross Vets, Heska Corporation, Abaxis Inc., Gribbles Veterinary Pathology, i-SENS Inc., Innovative Diagnostics SAS, Embark Veterinary Inc., NationWide Laboratories, Demeditec Diagnostics GmbH, Universal Biosensors Inc., Companion Animal Medical Center.

North America was the largest region in the companion animal diagnostic services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the companion animal diagnostic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the companion animal diagnostic services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Companion animal diagnostic services include a variety of medical tests and procedures designed to diagnose health problems in pets, particularly dogs and cats. These services play a crucial role in detecting diseases and conditions, allowing veterinarians to administer the appropriate treatments and care.

The primary categories in the companion animal diagnostic services market are point-of-care (PoC) and laboratory-based diagnostics. Point-of-care diagnostic services involve tests conducted directly at the veterinary clinic or during home visits, offering immediate results. These services cater to various animals, including dogs, cats, horses, and others, with testing spanning clinical chemistry, microbiology, parasitology, histopathology, cytopathology, hematology, immunology and serology, imaging, molecular diagnostics, and more.

The companion animal diagnostic services market research report is one of a series of new reports that provides companion animal diagnostic services market statistics, including companion animal diagnostic services industry global market size, regional shares, competitors with a companion animal diagnostic services market share, detailed companion animal diagnostic services market segments, market trends, and opportunities, and any further data you may need to thrive in the companion animal diagnostic services industry. This companion animal diagnostic services 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 companion animal diagnostic services market includes revenues earned by entities by providing services such as blood tests, imaging, genetic testing, microbiology, and pathology to detect diseases, monitor health, and guide treatment in pets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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.

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