United States Veterinary Diagnostics Market Report 2032

The U.S. veterinary diagnostics market is projected to grow from USD 2.05 billion in 2023 to USD 3.80 billion by 2031, registering a CAGR of 8.02%. Growth is fueled by increasing pet ownership, rising disease threats, technological innovation, and government and private sector investments.

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Key Market Drivers

• Rising Animal Health Concerns: Growing efforts to protect the food supply and monitor livestock health, as well as increased pet healthcare spending, are driving diagnostic demand.
• Government Support & Funding: Federal and state investments in diagnostic infrastructure, like Iowa State’s VDL expansion and NYSVDI’s $19.5M upgrade, are bolstering capabilities and innovation.
• Technological Advancements: AI-powered tools (e.g., Zoetis’ Vetscan OptiCall), improved imaging (MRI, CT), and emerging technologies like next-gen sequencing are enhancing diagnostic accuracy and speed.

Market Segments

• Companion Animals Lead: Driven by the rise in pet ownership and veterinary spending (USD 38.3B on vet care in 2023), this segment is the largest, fueled by routine checkups and preventive screenings.
• Infectious Disease Diagnostics: Increased awareness and threats from zoonotic and livestock diseases are driving demand. For example, the U.S. pledged $200M in 2024 to fight bird flu, supporting regular diagnostics in dairy farms.

Outlook (2024–2031)

The market is set for robust growth, supported by rising investments, proactive veterinary care, and adoption of innovative, rapid diagnostic tools. Trends like point-of-care testing and molecular diagnostics are enhancing patient outcomes and strengthening the country’s animal health systems.

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