Pet Cancer Therapeutics Market

By Therapy;

Chemotherapy, Radiation Therapy and Others

By Animal;

Dog, Cat and Other Companion Animals

By Cancer Type;

Lymphoma, Mast Cell Tumor and Others

By Mode of Administration;

Injectable and Others

By Distribution Channel;

Veterinary Hospitals and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn111125331 Published Date: September, 2025 Updated Date: October, 2025

Pet Cancer Therapeutics Market Overview

Pet Cancer Therapeutics Market (USD Million)

Pet Cancer Therapeutics Market was valued at USD 2,768.30 million in the year 2024. The size of this market is expected to increase to USD 5,339.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.


Pet Cancer Therapeutics Market

*Market size in USD million

CAGR 9.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.8 %
Market Size (2024)USD 2,768.30 Million
Market Size (2031)USD 5,339.95 Million
Market ConcentrationMedium
Report Pages350
2,768.30
2024
5,339.95
2031

Major Players

  • Zenoaq
  • Morphogenesis
  • VetDC
  • Karyopharm Therapeutics
  • Rhizen Pharmaceuticals SA
  • Regeneus Ltd
  • Oasmia Pharmaceuticals AB
  • Zoetis

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Pet Cancer Therapeutics Market

Fragmented - Highly competitive market without dominant players


The growing number of cancer cases in companion animals is a major driver for the pet cancer therapeutics market. Studies show that nearly 45% of dogs above ten years of age are diagnosed with cancer, with similar rates observed in cats. As awareness around pet health grows, more owners are pursuing early diagnosis and treatment, boosting demand for effective oncology solutions in veterinary settings.

Surge in Targeted Treatment Options
A noticeable trend in the market is the increasing adoption of targeted cancer therapies designed to improve precision and reduce side effects. Treatments like tyrosine kinase inhibitors, monoclonal antibodies, and immunotherapies are becoming more common. over 40% of pet cancer therapies involve targeted methods, signaling a move toward more individualized and advanced veterinary care.

Veterinary Oncology Innovations Driving Growth
Technological progress in diagnostics and therapeutics is improving cancer care outcomes in animals. Innovations in radiotherapy, genetic testing, and drug delivery have made treatments more accurate and less invasive. Around 38% of new advancements in the field now focus on increasing therapeutic precision, which contributes significantly to the market's expansion.

Enhanced Infrastructure and Owner Awareness
Upgrades in veterinary facilities and growing pet owner education are also accelerating market growth. Veterinary hospitals and clinics are adopting cutting-edge equipment to deliver comprehensive oncology services. Currently, more than 50% of specialized veterinary centers offer dedicated cancer care, reinforcing a supportive ecosystem for the continued development of this market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Therapy
    2. Market Snapshot, By Animal
    3. Market Snapshot, By Cancer Type
    4. Market Snapshot, By Mode of Administration
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Pet Cancer Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Veterinary Medicine
        2. Growing Awareness of Pet Health
        3. Improved Diagnostic Technologies
      2. Restraints
        1. High Treatment Costs
        2. Limited Access to Specialized Veterinary Care
        3. Limited Availability of Effective Therapies
      3. Opportunities
        1. Growing Demand for Novel Therapies
        2. Technological Innovations in Treatment Modalities
        3. Increasing Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pet Cancer Therapeutics Market, By Therapy, 2021 - 2031 (USD Million)
      1. Chemotherapy
      2. Radiation Therapy
      3. Others
    2. Pet Cancer Therapeutics Market, By Animal, 2021 - 2031 (USD Million)
      1. Dog
      2. Cat
      3. Other Companion Animals
    3. Pet Cancer Therapeutics Market, By Cancer Type, 2021 - 2031 (USD Million)
      1. Lymphoma
      2. Mast Cell Tumor
      3. Others
    4. Pet Cancer Therapeutics Market, By Mode of Administration, 2021 - 2031 (USD Million)
      1. Injectable
      2. Others
    5. Pet Cancer Therapeutics Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Veterinary Hospitals
      2. Others
    6. Pet Cancer Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boehringer Ingelheim
      2. Zoetis Inc.
      3. Elanco Animal Health
      4. AB Science
      5. Elias Animal Health
      6. Karyopharm Therapeutics
      7. Aratana Therapeutics
      8. VetDC
      9. CureLab Oncology
      10. Dechra Pharmaceuticals
      11. Anivive Lifesciences
      12. QBiotics Group
  7. Analyst Views
  8. Future Outlook of the Market