Companion Animal Diagnostics Industry - Regional Synopsis
Geographically, the companion animal diagnostics market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in North America industry is poised to hold largest revenue share by 2037, on account of rising pet adoption and increasing awareness about animal health. which is one of the major factors contributing to the market growth across the region. Additionally, on account of surge in the demand of effective therapies and growing investment for the development of innovative devices has created market growth opportunities over the upcoming forecast period.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of companion animal diagnostics is assessed at USD 3.17 billion.
Companion Animal Diagnostics Market size was over USD 2.93 billion in 2024 and is projected to reach USD 9.88 billion by 2037, witnessing around 9.8% CAGR during the forecast period i.e., between 2025-2037.
North America industry is poised to hold largest revenue share by 2037, on account of rising pet adoption and increasing awareness about animal health.
The major players in the market are Idexx., BIONOTE Co., LTD., Zoetis, RxList Inc, Heska Corporation, Randox Laboratories, Ltd., and others.
