The companion animal diagnostics industry is undergoing a structural revolution, moving far beyond traditional laboratory testing into a realm of high-tech, real-time healthcare. As of 2024, the market was valued at US$ 4.61 billion and is projected to reach US$ 8.80 billion by 2031. This explosive growth, characterized by a CAGR of 9.8%, is a direct reflection of the "humanization of pets" and...

The global companion animal diagnostics market size is projected to reach US$ 8.80 billion by 2031 from US$ 4.61 billion in 2024. The companion animal diagnostics sector is moving at a breakneck pace, driven by a series of high-profile acquisitions and the rapid integration of artificial intelligence (AI). As of early 2026, the industry is transitioning from traditional laboratory-bound testing...