The Latin America, Middle East and Africa Companion Animal Diagnostic Services Market would witness market growth of 10.1% CAGR during the forecast period (2023-2030).
An increasing number of households have pets, leading to a greater demand for veterinary services, including diagnostic testing. Ongoing developments in diagnostic technologies and treatments have expanded the range of services available to pet owners. The demand for diagnostic services is rising as pet owners become more aware of the value of preventive care and early diagnosis.
The significance of regular checkups and diagnostic testing for pets is becoming increasingly apparent to pet owners. They recognize that early detection of health problems can result in improved outcomes and a higher quality of life for their animals. Diagnostic tools and technologies have improved significantly, making it easier for veterinarians to accurately diagnose and monitor companion animals' health. This includes advanced imaging techniques, genetic testing, and point-of-care diagnostic devices.
As pets are increasingly viewed as family members, their owners are more inclined to invest in their health. This includes spending on diagnostic services to ensure their pets are healthy and receive proper care. The growth of the pet insurance industry has made it more affordable for pet owners to seek diagnostic services. Insurance coverage reduces the financial burden of expensive diagnostic tests and treatments. Many pet owners are embracing the concept of preventive care, which includes regular checkups and diagnostic testing even when the pet appears healthy. Preventive care can catch health issues early, potentially saving lives and reducing long-term healthcare costs.
The LAMEA region encompasses diverse landscapes, including remote and underserved areas where access to centralized healthcare facilities can be challenging. Portable POC instruments are crucial for delivering essential diagnostic services to these regions. Advanced diagnostic technologies are critical in monitoring and managing the population's health. These advancements in diagnostic technologies in the UAE improve healthcare outcomes, enhance patient experiences, and position the country as a leader in the region for medical innovation and healthcare services. The regional governments’ commitment to healthcare infrastructure development and innovation continues to drive development of market in this region.
The Brazil market dominated the LAMEA Companion Animal Diagnostic Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $185.6 million by 2030. The Argentina market is showcasing a CAGR of 10.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023 - 2030).
Based on Type, the market is segmented into Point-of-Care (POC) and Laboratory-based. Based on Animal Type, the market is segmented into Dogs, Cats, Horses and Others. Based on Testing Category, the market is segmented into Clinical Chemistry, Microbiology, Parasitology, Histopathology, Cytopathology, Hematology, Immunology & Serology, Imaging, Molecular Diagnostics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Companion Animal Diagnostic Services Market is Projected to reach USD 10.4 Billion by 2030, at a CAGR of 7.4%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Zoetis, Inc., IDEXX Laboratories, Inc., Mars Inc., Fujifilm Holdings Corporation, Embark Veterinary, Inc., Thermo Fisher Scientific Inc., Patterson Companies, Inc., Randox Laboratories Limited, CVS Group Plc, and Neogen Corporation
Scope of the Study
Market Segments Covered in the Report:
By Type
- Point-of-Care (POC)
- Laboratory-based
By Animal Type
By Testing Category
- Clinical Chemistry
- Microbiology
- Parasitology
- Histopathology
- Cytopathology
- Hematology
- Immunology & Serology
- Imaging
- Molecular Diagnostics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Zoetis, Inc.
- IDEXX Laboratories, Inc.
- Mars Inc.
- Fujifilm Holdings Corporation
- Embark Veterinary, Inc.
- Thermo Fisher Scientific Inc.
- Patterson Companies, Inc.
- Randox Laboratories Limited
- CVS Group Plc
- Neogen Corporation
TABLE 1 LAMEA Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Companion Animal Diagnostic Services Market
TABLE 4 Product Launches And Product Expansions– Companion Animal Diagnostic Services Market
TABLE 5 Acquisition and Mergers– Companion Animal Diagnostic Services Market
TABLE 6 LAMEA Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 7 LAMEA Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 8 LAMEA Point-of-Care (POC) Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Point-of-Care (POC) Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Laboratory-based Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Laboratory-based Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 13 LAMEA Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 14 LAMEA Dogs Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Dogs Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Cats Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Cats Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Horses Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Horses Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 23 LAMEA Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 24 LAMEA Clinical Chemistry Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Clinical Chemistry Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Microbiology Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Microbiology Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Parasitology Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Parasitology Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Histopathology Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Histopathology Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Cytopathology Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Cytopathology Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Hematology Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Hematology Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Immunology & Serology Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Immunology & Serology Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Imaging Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Imaging Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA Molecular Diagnostics Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Molecular Diagnostics Market by Country, 2023 - 2030, USD Million
TABLE 42 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 44 LAMEA Companion Animal Diagnostic Services Market by Country, 2019 - 2022, USD Million
TABLE 45 LAMEA Companion Animal Diagnostic Services Market by Country, 2023 - 2030, USD Million
TABLE 46 Brazil Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 47 Brazil Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 48 Brazil Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 49 Brazil Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 50 Brazil Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 51 Brazil Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 52 Brazil Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 53 Brazil Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 54 Argentina Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 55 Argentina Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 56 Argentina Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 57 Argentina Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 58 Argentina Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 59 Argentina Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 60 Argentina Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 61 Argentina Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 62 UAE Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 63 UAE Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 64 UAE Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 65 UAE Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 66 UAE Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 67 UAE Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 68 UAE Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 69 UAE Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 70 Saudi Arabia Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 71 Saudi Arabia Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 72 Saudi Arabia Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 73 Saudi Arabia Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 74 Saudi Arabia Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 75 Saudi Arabia Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 76 Saudi Arabia Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 77 Saudi Arabia Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 78 South Africa Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 79 South Africa Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 80 South Africa Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 81 South Africa Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 82 South Africa Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 83 South Africa Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 84 South Africa Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 85 South Africa Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 86 Nigeria Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 87 Nigeria Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 88 Nigeria Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 89 Nigeria Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 90 Nigeria Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 91 Nigeria Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 92 Nigeria Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 93 Nigeria Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 94 Rest of LAMEA Companion Animal Diagnostic Services Market, 2019 - 2022, USD Million
TABLE 95 Rest of LAMEA Companion Animal Diagnostic Services Market, 2023 - 2030, USD Million
TABLE 96 Rest of LAMEA Companion Animal Diagnostic Services Market by Type, 2019 - 2022, USD Million
TABLE 97 Rest of LAMEA Companion Animal Diagnostic Services Market by Type, 2023 - 2030, USD Million
TABLE 98 Rest of LAMEA Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2022, USD Million
TABLE 99 Rest of LAMEA Companion Animal Diagnostic Services Market by Animal Type, 2023 - 2030, USD Million
TABLE 100 Rest of LAMEA Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2022, USD Million
TABLE 101 Rest of LAMEA Companion Animal Diagnostic Services Market by Testing Category, 2023 - 2030, USD Million
TABLE 102 Key Information – Zoetis, Inc.
TABLE 103 Key Information – IDEXX Laboratories, Inc.
TABLE 104 key information – Mars, Inc.
TABLE 105 Key Information – Fujifilm Holdings Corporation
TABLE 106 Key Information – Embark Veterinary, Inc.
TABLE 107 Key Information – Thermo Fisher Scientific, Inc.
TABLE 108 key information – Patterson Companies, Inc.
TABLE 109 Key Information – randox laboratories limited
TABLE 110 Key Information – CVS Group plc
TABLE 111 Key Information – Neogen Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Companion Animal Diagnostic Services Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Companion Animal Diagnostic Services Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition: 2022, Sep – 2023, Aug) Leading Players
FIG 7 Porter’s Five Forces Analysis - Companion Animal Diagnostic Services Market
FIG 8 LAMEA Companion Animal Diagnostic Services Market share by Type, 2022
FIG 9 LAMEA Companion Animal Diagnostic Services Market share by Type, 2030
FIG 10 LAMEA Companion Animal Diagnostic Services Market by Type, 2019 - 2030, USD Million
FIG 11 LAMEA Companion Animal Diagnostic Services Market share by Animal Type, 2022
FIG 12 LAMEA Companion Animal Diagnostic Services Market share by Animal Type, 2030
FIG 13 LAMEA Companion Animal Diagnostic Services Market by Animal Type, 2019 - 2030, USD Million
FIG 14 LAMEA Companion Animal Diagnostic Services Market share by Testing Category, 2022
FIG 15 LAMEA Companion Animal Diagnostic Services Market share by Testing Category, 2030
FIG 16 LAMEA Companion Animal Diagnostic Services Market by Testing Category, 2019 - 2030, USD Million
FIG 17 LAMEA Companion Animal Diagnostic Services Market share by Country, 2022
FIG 18 LAMEA Companion Animal Diagnostic Services Market share by Country, 2030
FIG 19 LAMEA Companion Animal Diagnostic Services Market by Country, 2019 - 2030, USD Million
FIG 20 Swot Analysis: ZOETIS, INC.
FIG 21 Swot Analysis: IDEXX Laboratories, Inc.
FIG 22 Swot Analysis: Mars, Inc.
FIG 23 Swot Analysis: Fujifilm Holdings Corporation
FIG 24 Swot Analysis: Embark Veterinary, Inc.
FIG 25 Swot Analysis: Thermo Fisher Scientific, Inc.
FIG 26 Swot Analysis: Patterson Companies, Inc.
FIG 27 SWOT Analysis: Randox Laboratories Limited
FIG 28 Swot Analysis: CVS Group plc
FIG 29 Recent strategies and developments: Neogen Corporation
FIG 30 Swot Analysis: Neogen Corporation