Veterinary Point-Of-Care (POC) Hematology Diagnostics Market Outlook 2025–2034 – Built for Competitive Business Teams
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What is the expected value of the veterinary point-of-care (poc) hematology diagnostics market over the forecast period?
The veterinary point-of-care (poc) hematology diagnostics market size has grown rapidly in recent years. It will grow from $1.41 billion in 2024 to $1.6 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to increasing pet ownership, rising demand for companion animal health services, growth in veterinary clinics, increasing awareness of animal health, and rising demand for rapid diagnostic results.
The veterinary point-of-care (poc) hematology diagnostics market size is expected to see rapid growth in the next few years. It will grow to $2.6 billion in 2029 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to growth in pet insurance coverage, expanding livestock monitoring needs, increasing veterinary healthcare expenditure, adoption of portable diagnostic devices, and growing preference for minimally invasive testing. Major trends in the forecast period include advancements in diagnostic technologies, technological integration in POC devices, increasing use of AI in diagnostics, integration with telemedicine platforms, and shift toward personalized veterinary care.
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What industry dynamics are acting as key growth drivers for the veterinary point-of-care (poc) hematology diagnostics market?
The increasing pet ownership is expected to propel the growth of the veterinary point-of-care (POC) hematology diagnostics market going forward. Pet ownership refers to caring for a domesticated animal, such as a dog, cat, bird, or other pet, by providing for its basic needs, well-being, and overall welfare. The increasing pet ownership is primarily attributed to rising urbanization, as more people in cities seek companionship and emotional support from pets in smaller, often isolated living spaces. Veterinary point-of-care (POC) hematology diagnostics supports pet ownership by enabling rapid, on-site blood analysis that leads to quicker diagnoses, timely treatments, and improved health outcomes for companion animals. For instance, in 2024, according to the report published by Shelter Animals Count, a US-based non-profit organization, in 2024, total dog and cat adoptions reached 4,192,443, including 2 million dogs and 2 million cats, reflecting a slight increase of 0.4% or 17,153 more adoptions compared to 2023. Therefore, the increasing pet ownership is driving the growth of the veterinary point-of-care (POC) hematology diagnostics market.
What are the fastest-growing segments in the veterinary point-of-care (poc) hematology diagnostics market forecast period?
The veterinary point-of-care (POC) hematology diagnostics market covered in this report is segmented –
1) By Product Type: Instruments, Consumables
2) By Animal Type: Livestock Animals, Companion Animals, Other Animal Types
3) By Application: Blood Disorders, Metabolic Disorders, Other Applications
4) By End User: Veterinary Clinics, Veterinary Hospitals, Research Laboratories, Other End-Users
Subsegments:
1) By Instruments: Analyzers, Blood Gas Electrolyte Analyzers, Coagulation Analyzers, Other Instruments
2) By Consumables: Reagents, Controls And Calibrators, Slides, Cuvettes, Other Consumables
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What are the key trends shaping the veterinary point-of-care (poc) hematology diagnostics market in the forecast period?
Major companies operating in the veterinary point-of-care (POC) hematology diagnostics market are focusing on developing innovative products, such as veterinary analyzers, to improve diagnostic accuracy and speed in clinical settings. Veterinary analyzers are medical diagnostic devices used in animal healthcare to evaluate biological samples such as blood, urine, or serum. These devices help veterinarians diagnose, monitor, and manage various animal health conditions by providing rapid and accurate test results. For instance, in August 2023, Seamaty Diagnostic Co., Ltd., a China-based medical equipment manufacturing company, launched four advanced veterinary analyzers designed to provide fast and accurate on-site diagnostics, significantly improving pet hospitals' efficiency and quality of care. These analyzers include the VG2 vet blood gas electrolyte immunoassay analyzer, which offers rapid combined blood gas and immunoassay testing; the VG1 veterinary blood gas & electrolyte analyzer, a portable device for critical care monitoring; the Vi1 veterinary fluorescence immunoassay analyzer, featuring cutting-edge nanocrystal technology for sensitive diagnostics, and the VBC30/VBC50 hematology analyzers, which perform detailed blood counts essential for early disease detection.
Which major players hold significant market share in the veterinary point-of-care (poc) hematology diagnostics sector?
Major companies operating in the veterinary point-of-care (POC) hematology diagnostics market are Zoetis Inc., IDEXX Laboratories, Sysmex Corp., Bio-Rad Laboratories Inc., HORIBA Medical, Carestream Health Inc., Virbac, Randox Laboratories Ltd., ESAOTE SPA, FUJIFILM SonoSite, Heska Corporation, Getein Animal Medical Technology, Boule Diagnostics AB, Genrui Biotech Inc., Drucker Diagnostics, Volition, Woodley Equipment Company Ltd, Eurolyser Diagnostica GmbH, Hoëk Labs, Bioevopeak
Which regional segments are forecasted to witness the fastest growth in the veterinary point-of-care (poc) hematology diagnostics market?
North America was the largest region in the veterinary point-of-care (POC) hematology diagnostics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary point-of-care (POC) hematology diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Veterinary Point-Of-Care (POC) Hematology Diagnostics Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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