Global Veterinary Point Of Care Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Animal Type;
Companion and Livestock.By Sample Type;
Blood, Urine, Fecal, Imaging, Others.By Product Type;
Diagnostic Kits, Analyzers and Others.By Application;
Clinical Pathology, Bacteriology, Virology, Parasitology, and OthersBy End Users;
Veterinary Hospitals, Veterinary Clinics and Academic & Research Institutes.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Veterinary Point Of Care Market (USD Million), 2021 - 2031
In the year 2024, the Global Veterinary Point Of Care Market was valued at USD 2,140.72 million. The size of this market is expected to increase to USD 4,132.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.9%.
The Global Veterinary Point of Care Market has witnessed significant growth in recent years, driven by the increasing adoption of point-of-care diagnostic devices and technologies in veterinary medicine. These advancements have revolutionized the way veterinary care is delivered by enabling rapid, accurate, and convenient diagnostic testing at the point of patient care. Veterinary point-of-care solutions encompass a wide range of devices, including analyzers, diagnostic imaging systems, and rapid test kits, which facilitate timely decision-making and improve treatment outcomes for animals. As pet ownership rates continue to rise worldwide and the demand for efficient veterinary healthcare services escalates, the veterinary point-of-care market is poised for further expansion.
Key drivers of growth in the Global Veterinary Point of Care Market include the growing emphasis on preventive and personalized veterinary medicine, coupled with advancements in technology that have made point-of-care diagnostics more accessible and affordable. Additionally, the increasing prevalence of companion animal diseases and the need for rapid diagnosis and treatment have fueled the adoption of point-of-care solutions among veterinary professionals. Moreover, the rise of telemedicine and digital health platforms in veterinary medicine has further catalyzed market growth by enabling remote consultation and real-time monitoring of animal health, driving the demand for portable and connected point-of-care devices.
North America dominates the Global Veterinary Point of Care Market, owing to factors such as high pet ownership rates, strong veterinary healthcare infrastructure, and robust research and development activities in the region. However, the market is also witnessing significant growth in Europe, Asia Pacific, and other regions, supported by the increasing awareness about the benefits of point-of-care diagnostics and the rising investment in veterinary healthcare services. With technological advancements and innovations continuing to reshape the landscape of veterinary medicine, the Global Veterinary Point of Care Market is expected to experience sustained growth in the coming years, driven by the growing demand for rapid and accurate diagnostic solutions in veterinary practice.
Global Veterinary Point Of Care Market Recent Developments
- December 12, 2022, An key milestone for Virbac R&D was reached with the opening of the company's new R&D facility in Taiwan's Pingtung Agricultural Biotechnology Park (PABP).
- September 29, 2021, Virbac and Jectas Innovators announced the strategic collaborative agreement for the development of animal health vaccine(s).
Segment Analysis
The global veterinary point of care market is segmented based on animal type, sample type, product type, application, and end users. Companion animals and livestock are the primary animal types that drive the demand for point-of-care diagnostics. Companion animals, particularly pets such as dogs and cats, account for the largest share of the market, as owners are increasingly seeking convenient and fast diagnostic solutions for their pets. Livestock, on the other hand, requires point-of-care diagnostic tools to ensure the health of large herds and flocks, which is vital for maintaining agricultural productivity. The segment's growth is also driven by rising awareness of animal health and increasing regulations surrounding animal welfare, particularly in livestock management.
Sample types used in veterinary point-of-care diagnostics include blood, urine, fecal, imaging, and others. Blood and urine samples are commonly used for routine diagnostics, offering quick insights into the health status of both companion animals and livestock. Fecal samples are particularly important for detecting parasitic infections, while imaging techniques are often employed in emergency situations or for diagnosing conditions like fractures or tumors. Diagnostic kits and analyzers are the main product types used in point-of-care diagnostics. These devices provide veterinarians with rapid results, allowing for timely intervention and treatment. The growing preference for portable, easy-to-use diagnostic kits that can be used directly in veterinary practices or on-site in farms is expected to boost the demand for these products.
Veterinary point-of-care diagnostics have a wide range of applications, including clinical pathology, bacteriology, virology, parasitology, and others. Clinical pathology applications focus on the analysis of blood and urine to monitor organ function and detect diseases such as diabetes or kidney disorders in animals. Bacteriology and virology diagnostics are essential for detecting infectious diseases, while parasitology helps in identifying infections caused by worms, protozoa, or other parasites. Veterinary hospitals and clinics are the primary end users of point-of-care diagnostic tools, although academic and research institutes are also significant players. Geographically, North America and Europe hold dominant positions in the market, but the Asia Pacific region is witnessing rapid growth due to expanding veterinary infrastructure and increasing demand for animal healthcare services.
Global Veterinary Point Of Care Segment Analysis
In this report, the Global Veterinary Point Of Care Market has been segmented by Animal Type, Sample Type Product Type, Application, End Users and Geography.
Global Veterinary Point Of Care Market, Segmentation by Animal Type
The Global Veterinary Point Of Care Market has been segmented by Animal Type into Companion and Livestock.
The global veterinary point-of-care market is divided into companion and livestock animal types, each having distinct diagnostic needs. Companion animals, such as dogs, cats, and other pets, represent the largest segment of the market. The increasing pet ownership, growing awareness of animal health, and rising demand for personalized and accessible healthcare are contributing to the rapid expansion of this market. Companion animal owners prefer quick diagnostic tests that can be performed at veterinary clinics or even at home, making point-of-care solutions highly popular. Additionally, advancements in diagnostic technologies and a growing focus on preventive care further drive the demand for such solutions in this segment.
Livestock animals, including cattle, horses, sheep, and poultry, also form a significant portion of the veterinary point-of-care market. The need for timely and efficient diagnostic solutions in livestock is essential for preventing disease outbreaks, ensuring food safety, and maintaining the productivity of herds. Livestock diagnostics at the point of care can help farmers detect infections, parasites, or health issues early, reducing the risk of widespread disease and minimizing the economic impact. As agricultural practices modernize and the demand for faster, more accurate diagnostic tools increases, livestock-related point-of-care products are expected to grow in popularity, particularly in regions with large agricultural sectors.
Both animal types contribute to the overall market growth, with the companion animal segment leading in terms of revenue. However, as point-of-care diagnostics become more affordable and widely available, the adoption of such products in the livestock industry is also expected to rise. Innovations like mobile diagnostic devices and handheld analyzers are improving accessibility, especially in remote or rural areas where veterinary services may be limited. The growing trend of animal health monitoring and the increasing focus on improving animal welfare across both companion and livestock segments will continue to drive the expansion of the global veterinary point-of-care market.
Global Veterinary Point Of Care Market, Segmentation by Sample Type
The Global Veterinary Point Of Care Market has been segmented by Sample Type into Blood, Urine, Fecal, Imaging, Others
The global veterinary point-of-care market is significantly influenced by the sample types used for diagnostics, which include blood, urine, fecal samples, imaging, and others. Blood samples are widely used in veterinary diagnostics due to their ability to provide comprehensive information about an animal’s health. Blood tests can detect a range of conditions, such as infections, organ dysfunction, and metabolic disorders. Point-of-care blood diagnostic devices allow veterinarians to quickly assess these conditions in a clinical setting or even in the field, enhancing the speed and accuracy of treatments. This segment has seen significant growth, driven by the need for quick, accurate diagnostic results, particularly in emergency cases.
Urine samples are another key component of veterinary point-of-care diagnostics. Urine testing is essential for detecting urinary tract infections, kidney diseases, and metabolic issues in animals. The ability to perform urine tests at the point of care is particularly beneficial for managing chronic conditions like diabetes and renal failure, which are common in both companion and livestock animals. With advancements in diagnostic technologies, urine tests can now deliver faster and more accurate results, enabling veterinarians to make timely decisions regarding treatment and management plans. This convenience and efficiency have contributed to the growing demand for urine diagnostic solutions in the market.
Fecal samples are primarily used for detecting parasitic infections, gastrointestinal disorders, and digestive problems in animals. This type of testing is essential in both companion and livestock animals, particularly in rural areas where parasitic diseases are prevalent. Fecal diagnostics can be performed on-site, reducing the need for laboratory visits and ensuring prompt treatment for animals. Imaging, such as X-rays and ultrasound, also plays a crucial role in point-of-care diagnostics, especially for diagnosing fractures, tumors, and internal injuries. The growing demand for non-invasive and real-time diagnostic tools has led to increased adoption of these sample types, making point-of-care solutions more versatile and accessible across veterinary practices.
Global Veterinary Point Of Care Market, Segmentation by Product Type
The Global Veterinary Point Of Care Market has been segmented by Product Type into Diagnostic Kits, Analyzers and Others.
The Global Veterinary Point Of Care Market is segmented by product type to cater to the diverse needs of veterinary professionals and pet owners seeking rapid diagnostic solutions for animals. This segmentation encompasses a wide range of products, including analyzers, diagnostic imaging systems, rapid test kits, and other point-of-care devices designed specifically for veterinary use. Analyzers play a crucial role in providing comprehensive blood chemistry and hematology analyses at the point of care, enabling veterinarians to obtain real-time diagnostic information for timely decision-making in treatment protocols.
Diagnostic imaging systems represent another significant segment in the Global Veterinary Point Of Care Market, offering portable and compact solutions for on-site imaging diagnostics. These systems include ultrasound devices, digital radiography systems, and handheld imaging devices that facilitate rapid and accurate diagnosis of musculoskeletal, cardiovascular, and abdominal conditions in animals. Rapid test kits are also a key product type within this segmentation, providing convenient and user-friendly options for the detection of infectious diseases, parasites, and other common ailments in animals. With the growing demand for rapid and accurate diagnostic solutions in veterinary practice, the market for veterinary point-of-care products continues to expand, driven by advancements in technology and the increasing emphasis on preventive medicine and early disease detection in animals.
The segmentation by product type reflects the diverse range of diagnostic needs across different veterinary specialties and settings, including companion animal clinics, livestock farms, equine facilities, and research laboratories. As pet ownership rates continue to rise worldwide and the demand for efficient veterinary healthcare services escalates, the adoption of point-of-care diagnostic solutions is expected to increase, driving market growth across all product segments. By offering rapid, accurate, and convenient diagnostic testing options at the point of patient care, veterinary point-of-care products play a crucial role in enhancing the quality of veterinary healthcare and improving outcomes for animals.
Global Veterinary Point Of Care Market, Segmentation by Application
The Global Veterinary Point Of Care Market has been segmented by Application into Clinical Pathology, Bacteriology, Virology, Parasitology, and Others.
The global veterinary point-of-care market is widely impacted by its various applications, including clinical pathology, bacteriology, virology, parasitology, and others. Clinical pathology is one of the most significant areas for point-of-care diagnostics, as it helps veterinarians analyze blood, urine, and other biological samples to identify diseases and monitor the overall health of animals. This application is crucial for early disease detection, treatment decisions, and overall management of chronic conditions such as diabetes, kidney disease, and liver problems in both companion and livestock animals. The use of point-of-care diagnostic tools in clinical pathology enhances efficiency, providing veterinarians with immediate results, which is essential for effective treatment and care.
Bacteriology and virology are key applications in veterinary diagnostics, where point-of-care solutions are highly beneficial. These applications help detect infectious agents like bacteria, viruses, and other pathogens that can cause diseases in animals. Rapid and accurate detection is critical to prevent outbreaks, especially in livestock, where infections can spread quickly and have devastating effects on the economy. Point-of-care diagnostics enable veterinarians to test for a range of bacterial and viral infections on-site, reducing the time spent waiting for lab results and allowing for more immediate treatment. The growing prevalence of zoonotic diseases further boosts the demand for these diagnostic solutions in veterinary practices.
Parasitology is another essential application in the veterinary point-of-care market. It focuses on detecting parasites that can affect animals, including worms, protozoa, and ectoparasites like fleas and ticks. Parasitic infections are common in both companion and livestock animals, especially in rural and agricultural areas, making timely diagnosis crucial for preventing widespread health issues. Point-of-care tools for parasitology can quickly identify parasitic infestations, allowing veterinarians to treat animals promptly and avoid complications. Beyond these applications, point-of-care solutions are also used in other areas such as oncology and cardiology, further expanding the market's scope. The versatility of point-of-care diagnostics across various veterinary disciplines is expected to continue driving the growth of this segment.
Global Veterinary Point Of Care Market, Segmentation by End Users
The Global Veterinary Point Of Care Market has been segmented by End Users into Veterinary Hospitals, Veterinary Clinics and Academic and Research Institutes.
The Global Veterinary Point Of Care Market is segmented by end users to address the distinct needs and preferences of various stakeholders within the veterinary healthcare ecosystem. This segmentation encompasses a diverse range of end users, including veterinary clinics, hospitals, research laboratories, diagnostic centers, and academic institutions specializing in veterinary medicine. Veterinary clinics and hospitals represent a significant segment within this classification, serving as primary points of care for animals and offering a wide range of diagnostic and treatment services.
Research laboratories and academic institutions constitute another important segment in the Global Veterinary Point Of Care Market, where point-of-care diagnostic technologies are utilized for research purposes and educational training programs in veterinary medicine. These institutions often require advanced diagnostic solutions to support their research endeavors and train future generations of veterinary professionals. Additionally, diagnostic centers and specialized veterinary laboratories play a crucial role in providing specialized testing services to veterinarians and pet owners, catering to the growing demand for accurate and timely diagnostic information.
The segmentation by end users reflects the diverse needs and preferences of veterinary professionals, researchers, and pet owners seeking rapid diagnostic solutions for animals. With the increasing adoption of point-of-care diagnostic technologies and the growing emphasis on preventive medicine in veterinary practice, the market for veterinary point-of-care products is expected to witness sustained growth across all end user segments. By offering convenient, user-friendly, and reliable diagnostic options tailored to the specific requirements of each end user group, veterinary point-of-care products contribute to the advancement of veterinary healthcare and the well-being of animals worldwide.
Global Veterinary Point Of Care Market, Segmentation by Geography
In this report, the Global Veterinary Point Of Care Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Veterinary Point Of Care Market Share (%), by Geographical Region, 2024
In the past year, the Global Veterinary Point Of Care Market saw a distribution of market share across various geographical regions, each contributing uniquely to the market landscape. North America emerged as a dominant player, capturing a substantial share due to factors such as high pet ownership rates, advanced veterinary healthcare infrastructure, and robust adoption of point-of-care diagnostic technologies. The region's strong economy and favorable regulatory environment also played a significant role in fostering market growth, with veterinary clinics and hospitals increasingly relying on point-of-care solutions to deliver efficient and timely care to animals.
Following closely behind, Europe held a notable market share in the Global Veterinary Point Of Care Market. This was fueled by increasing pet ownership rates, rising awareness about preventive veterinary medicine, and the presence of leading manufacturers and distributors of point-of-care diagnostic devices. Countries such as the United Kingdom, Germany, and France were key contributors to the region's market share, with a growing emphasis on early disease detection and treatment in veterinary practice.
Asia Pacific exhibited substantial growth potential, driven by rising pet ownership rates, improving veterinary healthcare infrastructure, and increasing investment in point-of-care diagnostics. Countries like China, Japan, and Australia witnessed significant market traction, supported by the adoption of innovative technologies and the expansion of veterinary healthcare services across the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Veterinary Point Of Care Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Pet Ownership Rates
- Growing Emphasis on Preventive Veterinary Medicine
- Technological Advancements in Point-of-Care Diagnostics
- Rising Demand for Rapid and Accurate Diagnosis in Veterinary Practice
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Expansion of Veterinary Healthcare Infrastructure- The expansion of veterinary healthcare infrastructure is a critical factor driving the growth of the Global Veterinary Point Of Care Market. As the demand for rapid and accurate diagnostic solutions in veterinary practice continues to rise, there is a pressing need to enhance the infrastructure supporting the delivery of veterinary healthcare services. This expansion encompasses the establishment of modern veterinary clinics, hospitals, and diagnostic centers equipped with state-of-the-art point-of-care diagnostic devices and technologies.
The expansion of veterinary healthcare infrastructure involves the deployment of skilled professionals, including veterinarians, veterinary technicians, and support staff trained in the use of point-of-care diagnostic tools. These professionals play a crucial role in utilizing these technologies effectively to provide timely diagnosis and treatment for animals. Additionally, the integration of telemedicine and digital health solutions into veterinary practice further facilitates the expansion of veterinary healthcare infrastructure, enabling remote consultations and real-time monitoring of animal health. By investing in the expansion of veterinary healthcare infrastructure, stakeholders can improve access to quality veterinary care and drive the adoption of point-of-care diagnostic solutions, thereby fostering the growth of the Global Veterinary Point Of Care Market.
Restraints
- Cost Constraints Associated with Point-of-Care Diagnostic Devices
- Limited Availability of Specialized Veterinary Point-of-Care Products
- Regulatory Hurdles and Compliance Challenges
- Concerns Regarding Accuracy and Reliability of Point-of-Care Tests
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Lack of Awareness and Training Among Veterinary Professionals- The lack of awareness and training among veterinary professionals presents a significant challenge in the Global Veterinary Point Of Care Market. Despite the advancements in point-of-care diagnostic technologies, there remains a gap in knowledge and understanding among veterinarians and veterinary technicians regarding the capabilities and applications of these devices. Without adequate awareness and training, veterinary professionals may underutilize or misinterpret the results obtained from point-of-care tests, leading to diagnostic errors and suboptimal treatment outcomes for animals.
Addressing this challenge requires concerted efforts to provide comprehensive training programs and educational resources to veterinary professionals. These programs should focus on familiarizing veterinarians and veterinary technicians with the latest advancements in point-of-care diagnostics, as well as best practices for interpreting test results and integrating point-of-care testing into clinical workflows. Moreover, raising awareness about the benefits of point-of-care diagnostics through targeted marketing and educational campaigns can help dispel misconceptions and encourage greater adoption of these technologies among veterinary professionals. By investing in awareness and training initiatives, stakeholders can empower veterinary professionals to leverage point-of-care diagnostics effectively, ultimately improving the quality of veterinary care and driving growth in the Global Veterinary Point Of Care Market.
Opportunities
- Development of Portable and Connected Point-of-Care Devices
- Expansion of Point-of-Care Testing in Emerging Markets
- Integration of Telemedicine and Digital Health Solutions
- Collaboration between Veterinary Companies and Research Institutions
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Focus on Personalized Veterinary Medicine- In the Global Veterinary Point Of Care Market, there is a growing emphasis on personalized veterinary medicine, catering to the individual needs and characteristics of animals. This shift towards personalized care reflects a recognition of the unique physiology, genetics, and health conditions of each animal, necessitating tailored diagnostic and treatment approaches. Point-of-care diagnostics play a crucial role in personalized veterinary medicine by enabling rapid and targeted assessments of an animal's health status, allowing veterinarians to devise customized treatment plans that optimize outcomes and improve quality of life.
Personalized veterinary medicine encompasses not only the customization of diagnostic and treatment protocols but also the integration of pet owner preferences and values into the decision-making process. By involving pet owners in discussions about their animal's health and well-being, veterinary professionals can ensure that treatment plans align with the pet owner's goals and expectations. Additionally, the adoption of personalized veterinary medicine fosters a collaborative approach to care, where veterinarians, pet owners, and other stakeholders work together to achieve the best possible outcomes for animals. As personalized veterinary medicine continues to gain traction, driven by advancements in point-of-care diagnostics and a growing focus on individualized care, it is poised to shape the future of the Global Veterinary Point Of Care Market.
Competitive Landscape Analysis
Key players in Global Veterinary Point Of Care Market include,
- IDEXX Laboratories
- Zoetis Inc.
- Heska Corporation
- Virbac
- Eurolyser Diagnostica GmbH
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Animal Type
- Market Snapshot, By Sample Type
- Market Snapshot, By Product Type
- Market Snapshot, By End Users
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Veterinary Point Of Care Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Pet Ownership Rates
- Growing Emphasis on Preventive Veterinary Medicine
- Technological Advancements in Point-of-Care Diagnostics
- Rising Demand for Rapid and Accurate Diagnosis in Veterinary Practice
- Expansion of Veterinary Healthcare Infrastructure
- Restraints
- Cost Constraints Associated with Point-of-Care Diagnostic Devices
- Limited Availability of Specialized Veterinary Point-of-Care Products
- Regulatory Hurdles and Compliance Challenges
- Concerns Regarding Accuracy and Reliability of Point-of-Care Tests
- Lack of Awareness and Training Among Veterinary Professionals
- Opportunities
- Development of Portable and Connected Point-of-Care Devices
- Expansion of Point-of-Care Testing in Emerging Markets
- Integration of Telemedicine and Digital Health Solutions
- Collaboration between Veterinary Companies and Research Institutions
- Focus on Personalized Veterinary Medicine
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Global Veterinary Point Of Care Market, By Animal Type, 2021-2031 (USD Million)
- Companion Animals
- Livestock Animals
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Global Veterinary Point Of Care Market, By Sample Type, 2021-2031 (USD Million)
- Blood
- Urine
- Fecal
- Imaging
- Others
- Global Veterinary Point Of Care Market, By Product Type, 2021-2031 (USD Million)
- Diagnostic Kits
- Analyzers
- Others
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Global Veterinary Point Of Care Market, By Application, 2021-2031 (USD Million)
- Clinical Pathology
- Bacteriology
- Virology
- Parasitology
- Others
- Global Veterinary Point Of Care Market, By End Users, 2021-2031 (USD Million)
- Veterinary Hospitals
- Veterinary Clinics
- Academic & Research Institutes
- Global Veterinary Point Of Care Market, By Geography, 2021-2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia/New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- IDEXX Laboratories
- Zoetis Inc.
- Heska Corporation
- Virbac
- Eurolyser Diagnostica GmbH
- Company Profiles
- Analyst Views
- Future Outlook of the Market