Companion Animal Diagnostic Services Industry Revenue to Reach $11.23 Billion by 2030 with CAGR of 8.3% (2026-2030)

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What Is the Forecasted Market Size of the Companion Animal Diagnostic Services Market by 2030?
The companion animal diagnostic services market size has grown strongly in recent years. It will grow from $7.53 billion in 2025 to $8.16 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increasing prevalence of pet diseases, growth in pet ownership, limited access to advanced diagnostics, expansion of veterinary clinics, rising awareness of pet health.

The companion animal diagnostic services market size is expected to see strong growth in the next few years. It will grow to $11.23 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to technological advancements in diagnostic equipment, increasing demand for point-of-care testing, adoption of molecular and genetic diagnostics, growth of telemedicine and remote monitoring, rising investment in veterinary healthcare infrastructure. Major trends in the forecast period include rising demand for rapid point-of-care diagnostic tests, expansion of in-clinic diagnostic services, increasing focus on preventive pet healthcare, growing adoption of advanced imaging and molecular diagnostics, integration of genetic and personalized testing in veterinary care.

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What Are the Key Drivers of the Companion Animal Diagnostic Services Market?
The increasing pet ownership is expected to propel the growth of the companion animal diagnostic services market going forward. Pet companion ship includes the growing need for individuals to get pet companion that offers emotional support, improved mental and physical health, lifestyle choices, and cultural or social influences. Companion animal diagnostic services enhance pet ownership by providing early detection and accurate diagnosis of health issues, leading to timely treatments and improved overall pet well-being. For instance, in April 2023, according to the UK Parliament, a UK-based legislative body, in 2023, 53% of UK adults own a pet, an increase from 51% in February 2020. Therefore, increasing pet ownership is driving the companion animal diagnostic services market.

What Segments Are Covered in the Companion Animal Diagnostic Services Market Report?
The companion animal diagnostic services market covered in this report is segmented –

1) By Type: Point-Of-Care (POC), Laboratory-Based
2) By Animal Type: Dogs, Cats, Horses, Other Animal Types
3) By Testing Category: Clinical Chemistry, Microbiology, Parasitology, Histopathology, Cytopathology, Hematology, Immunology And Serology, Imaging, Molecular Diagnostics, Other Testing Categories

Subsegments:
1) By Point-Of-Care (POC): Rapid Diagnostic Tests, Portable Diagnostic Devices, In-Clinic Testing Services, Blood Glucose Monitors
2) By Laboratory-Based: Clinical Pathology Services, Imaging Services, Histopathology And Cytology, Microbiology And Infectious Disease Testing, Genetic Testing Services

Which Trends Are Most Likely to Influence Companion Animal Diagnostic Services Market Growth in the Next Decade?
Major companies operating in the companion animal diagnostic services market are developing genetic screening kits to help identify hereditary conditions and predispositions to certain diseases. Genetic screening allows veterinarians to detect hereditary conditions, enabling early treatment and improved health outcomes. For instance, in June 2023, Neogen Corporation, a US-based biotechnology research company, launched My CatScan 2.0, simplifying genetic screening through a noninvasive cheek swab. My CatScan 2.0 identifies over 120 genetic health conditions and offers customizable insights based on breed, organ system, or symptoms. This tailored approach provides critical data for informed decision-making regarding a cat’s health.

What Are the Top Companies to Watch in the Companion Animal Diagnostic Services Market?
Major companies operating in the companion animal diagnostic services market are IDEXX Laboratories Inc., Zoetis Services LLC, Patterson Companies Inc., SYNLAB Group, Independent Vetcare Limited, Virbac SA, Greencross Vets, Heska Corporation, Abaxis Inc., Gribbles Veterinary Pathology, Embark Veterinary Inc., NationWide Laboratories, Companion Animal Medical Center, VCA Inc., IDVet, bioMérieux SA, NEOGEN Corporation, Bionote Inc., AniCell Biotech, Bio-Rad Laboratories Inc., Mindray Animal Medical Technology Co. Ltd., INDICAL BIOSCIENCE GmbH, Biopanda Reagents Ltd., Skyla Corporation

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Which Region Is Expected to Lead the Companion Animal Diagnostic Services Market by 2030?
North America was the largest region in the companion animal diagnostic services market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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