Veterinary Oncology Market

By Animal Type;

Companion Animal Equine, Canine & Feline, and Livestock Animal

By Therapy Type;

Chemotherapy, Combination Therapy, Immunotherapy, and Targeted Therapy

By Mode Of Administration;

Oral and Intravenous

By Application;

Canine Lymphoma, Osteosarcoma (OSA), Mast Cell Cancer, Melanoma, and Multiple Myeloma

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn120625895 Published Date: June, 2025 Updated Date: August, 2025

Veterinary Oncology Market Overview

Veterinary Oncology Market (USD Million)

Veterinary Oncology Market was valued at USD 376.76 million in the year 2024. The size of this market is expected to increase to USD 765.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.


Veterinary Oncology Market

*Market size in USD million

CAGR 10.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.7 %
Market Size (2024)USD 376.76 Million
Market Size (2031)USD 765.12 Million
Market ConcentrationLow
Report Pages365
376.76
2024
765.12
2031

Major Players

  • Zoetis Inc
  • Elanco
  • AB Science
  • Boehringer Ingelheim International GmbH
  • Zenoaq
  • VetDC
  • Morphogenesis, Inc
  • Karyopharm Therapeutics, Inc
  • Regeneus Ltd
  • AdvaVet, Inc
  • Rhizen Pharmaceutical SA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Veterinary Oncology Market

Fragmented - Highly competitive market without dominant players


The Veterinary Oncology Market is witnessing significant growth as awareness about animal health and cancer treatment options expands. With over 60% of pet owners now recognizing early signs of oncology-related issues, there is a notable increase in demand for specialized veterinary care. The rising preference for targeted therapies and advanced diagnostics is creating strong momentum for market expansion. Veterinary oncology services are evolving rapidly to accommodate a wider range of clinical applications.

Strategic Collaborations and Mergers
Strategic efforts such as mergers, collaborations, and partnerships among veterinary clinics and research organizations are contributing to market consolidation. Approximately 52% of veterinary oncology centers have entered into partnerships to enhance their treatment offerings. These alliances aim to combine research capabilities, share expertise, and expand access to advanced therapeutic protocols, thereby offering lucrative opportunities for expansion.

Innovation in Treatment Approaches
The market is experiencing innovation with the emergence of immunotherapies, personalized medicine, and targeted drug delivery systems. Over 58% of oncology-focused veterinary centers are integrating these new modalities into their care models. These innovative treatment approaches not only improve outcomes but also minimize side effects, making therapies more acceptable to pet owners. This trend continues to reshape the future outlook of veterinary oncology.

Future Prospects and Growth Opportunities
With pet ownership rising and more than 65% of animal caregivers seeking specialized care, the demand for oncology services is set to grow further. Increasing investments in research and development, as well as rising awareness of preventive veterinary care, are creating long-term growth opportunities. The market is poised for expansion through ongoing technological enhancements and strategic efforts that will strengthen service delivery and accessibility.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Animal Type
    2. Market Snapshot, By Therapy Type
    3. Market Snapshot, By Mode of Administration
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Veterinary Oncology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Awareness and Education
        2. Increased Investment in Research
        3. Expansion of Veterinary Healthcare Infrastructure
      2. Restraints
        1. Safety Concerns and Side Effects
        2. Regulatory Challenges
        3. Ethical and Emotional Considerations
      3. Opportunities
        1. Collaboration and Partnerships
        2. Expansion in Emerging Markets
        3. Focus on Supportive Care and Rehabilitatio
    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. Veterinary Oncology Market, By Animal Type, 2021- 2031(USD Million)
      1. Companion Animal
      2. Equine
      3. Feline
      4. Canine
      5. Livestock Animal
    2. Veterinary Oncology Market, By Therapy Type, 2021- 2031(USD Million)
      1. Chemotherapy
      2. Combination Therapy
      3. Immunotherapy
      4. Targeted Therapy
    3. Veterinary Oncology Market, By Mode of Administration, 2021- 2031(USD Million)
      1. Oral
      2. Intravenous
    4. Veterinary Oncology Market, By Application, 2021- 2031(USD Million)
      1. Canine Lymphoma
      2. Osteosarcoma (OSA)
      3. Mast Cell Cancer
      4. Melanoma
      5. Multiple Myeloma
    5. Veterinary Oncology 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. Zoetis Inc
      2. Elanco
      3. AB Science
      4. Boehringer Ingelheim International GmbH
      5. Zenoaq
      6. VetDC
      7. Morphogenesis, Inc
      8. Karyopharm Therapeutics, Inc
      9. Regeneus Ltd
      10. AdvaVet, Inc
      11. Rhizen Pharmaceutical SA
  7. Analyst Views
  8. Future Outlook of the Market