Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

How has the veterinary biomarkers market grown over the years?

The size of the veterinary biomarkers market has experienced significant growth in the last few years. It is projected to expand from $0.81 billion in 2024 to $0.91 billion in 2025, boasting a compound annual growth rate (CAGR) of 12.4%. This growth during the historic period is credited to factors such as the expansion of the veterinary diagnostics market, heightened emphasis on preventive care, the inclusion of biomarkers in veterinary medicine, increased funding for veterinary research, and a surge in the number of veterinary diagnostic labs.

What Is the forecasted market size and growth rate for the veterinary biomarkers market?

The market size for veterinary biomarkers is predicted to undergo rapid expansion in the coming years, reaching an estimated worth of $1.44 billion in 2029, with a compound annual growth rate (CAGR) of 12.1%. Factors contributing to this expected growth during the forecasted period include the escalating prevalence of animal diseases, increased need for customized veterinary treatments, the rise in demand for preventive examination methods, the boosted adoption of digital health aids, and a heightened focus on regulations regarding animal welfare. Forecasted trends for this time period encompass developments in diagnostic technologies, advancements in research for biomarkers, technological progress in biomarker identification, the creation of more user-friendly diagnostic tools, and advancements in personalized nutrition solutions.

Get your veterinary biomarkers market report here!

https://www.thebusinessresearchcompany.com/report/veterinary-biomarkers-global-market-report

What are the major factors driving growth in the veterinary biomarkers market?

The expansion of the veterinary biomarkers market is predicted to be fueled by the growing trend of pet ownership. Various factors contribute to this trend, inclusive of seeking companionship, recognizing the positive effects of pet therapy, and increased awareness about the beneficial influence of pets on mental and physical health. Veterinary biomarkers offer a critical role in pet ownership by assisting in keeping a check on animal health which allows for early disease detection and individualistic treatment approaches. For instance, in October 2023, the American Pet Products Association, a US-based non-profit organization, reported that there were 86.9 million pet-owning households in the US, a substantial increase from 66% in 2022. Furthermore, according to Animal Medicines Australia, an association focusing on animal health that is based in Australia, 69% of households in Australia had pets in 2022, as recorded in November of the same year. Hence, the surge in pet ownership is a significant driver for the growth of the veterinary biomarkers market.

What key areas define the segmentation of the global veterinary biomarkers Market?

The veterinary biomarkers market covered in this report is segmented –

1) By Product Type: Biomarkers, Kits And Reagents, Biomarker Readers

2) By Disease Type: Inflammatory And Infectious Diseases, Cardiovascular Diseases, Skeletal Muscle Diseases, Tumor, Other Disease Types

3) By Animal Type: Companion Animals, Production Animals

4) By Application: Disease Diagnostics, Preclinical Research, Other Applications

Subsegments:

1) By Biomarkers: Diagnostic Biomarkers, Prognostic Biomarkers, Predictive Biomarkers, Pharmacodynamic Biomarkers

2) By Kits And Reagents: ELISA Kits, PCR Kits, Western Blotting Kits, Rapid Test Kits, Reagents For Biomarker Detection

3) By Biomarker Readers: Optical Readers, Fluorescence Readers, Luminometers, Real-Time PCR Machines, Microplate Readers

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=20680&type=smp

What are the top market players propelling the growth of the veterinary biomarkers industry?

Major companies operating in the veterinary biomarkers market are Thermo Fisher Scientific Inc., Boehringer Ingelheim, Merck KGaA, Zoetis Inc., IDEXX Laboratories Inc., Virbac SA, Antech Diagnostics Inc., Neogen Corporation, Heska Corporation, Olink Proteomics, SomaLogic, Life Diagnostics Inc., INDICAL BIOSCIENCE GmbH., Mercodia AB, Bionote USA Inc., Acuvet Biotech, Alertix Veterinary Diagnostics AB, MI:RNA Diagnostics Ltd., Veterinary Biomarkers Inc., Vetmaya Healthcare Private Limited

What are the key trends shaping the future of the veterinary biomarkers market?

Forming strategic partnerships is a primary focus for key players in the veterinary biomarkers market, aiming to acquire a competitive advantage. This approach encompasses collaborations between corporations, research entities, and veterinary practices in order to progress the evolution and implementation of diagnostic resources. For instance, Bionote USA, an organization offering point-of-care testing services for animal health, joined forces with PSIvet, a veterinary group purchasing organization based in the US, in July 2022. Their aim is to expand access to cost-effective diagnostic solutions for veterinary practices. As a result of this partnership, over 5,000 vet clinics tied with PSIvet will benefit from the use of Bionote’s Vcheck series of analyzers and biomarker tests at a significantly lower price point.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20680

What regions are dominating the veterinary biomarkers market growth?

North America was the largest region in the veterinary biomarkers market in 2024. The regions covered in the veterinary biomarkers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Browse Through More Similar Reports By The Business Research Company:

Veterinary Biologics Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/veterinary-biologics-global-market-report

Veterinary Active Pharmaceutical Ingredients Manufacturing Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/veterinary-active-pharmaceutical-ingredients-manufacturing-global-market-report

Veterinary Dermatology Drugs Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/veterinary-dermatology-drugs-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: