China Companion Animal Diagnostics Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technique (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Urinalysis, Hematology, and Others), Product (Instruments and Consumables), Application (Bacteriology, Clinical Pathology, Virology, Parasitology, and Others), Companion Animal Type (Dogs, Cats, Horses, and Others), and End User (Diagnostic Laboratories, Veterinary Hospitals and Clinics, Research Institutes, and Others)

BMIRE00030710 | Pages: 190 | Biotechnology | Aug 2024 | Type: Regional | Status: Published

The China companion animal diagnostics market is expected to grow from China US$ 358.61 million in 2023 to China US$ 806.73 million by 2031; it is anticipated to record a CAGR of 9.0% from 2023 to 2031.

Companion Animal Diagnostics in China refers to the range of medical tests and procedures used to identify, monitor, and manage health conditions in pets, particularly dogs and cats. This field encompasses various diagnostic tools and techniques, including, laboratory testing such as blood tests, urinalysis, and other laboratory analyses that help detect diseases, infections, and metabolic disorders, imaging techniques such as diagnostic imaging methods such as X-rays, ultrasounds, and CT scans that allow veterinarians to visualize internal structures and identify abnormalities., genetic testing such as tests that assess genetic predispositions to certain health conditions, helping in breed-specific healthcare management, clinical examination such as comprehensive physical examinations that may include diagnostic assessments to evaluate overall health, telemedicine such as remote consultations that enable veterinarians to diagnose and advise on pet health issues through digital platforms. The growth of companion animal diagnostics in China is driven by increasing pet ownership, heightened awareness of pet health, and advancements in veterinary technology, leading to improved healthcare outcomes for companion animals.

Upsurge in Pet Spending Drives the Growth the China Companion Animal Diagnostics Market

The upsurge in pet spending in China has indeed fueled the growth of the companion animal diagnostics market. As more households adopt pets, particularly dogs and cats, the demand for veterinary services, including diagnostics, rises. Pets are increasingly viewed as family members; leading owners are investing more in their health and well-being. Thus pet owners are allocating larger budgets for veterinary care, preventive health measures, and diagnostic services. Also, the rapid development of new diagnostic tools and technologies such as imaging, laboratory tests has enhanced the ability to diagnose and treat conditions effectively. There is a growing trend toward specialized veterinary practices that offer advanced diagnostic services, attracting pet owners seeking comprehensive care. Increased awareness of preventive healthcare encourages regular check-ups and diagnostic testing, contributing to higher spending. The combination of increased pet ownership, rising expenditure on pet care, advancements in veterinary medicine, and a growing focus on preventive health is driving the growth of companion animal diagnostics in China. As pet owners continue to prioritize their pets' health, the demand for comprehensive diagnostic services is expected to rise further, shaping the future of the veterinary industry.

The China companion animal diagnostics market is divided on the basis of technique, product, application, companion animal type, end user, and geography. Based on technique, the China companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is sub-segmented into lateral flow assays, ELISA tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. The clinical biochemistry segment is further categorized into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis. Based on product, the China companion animal diagnostics market is bifurcated into instruments and consumables. Based on application, the China companion animal diagnostics market is segmented into bacteriology, clinical pathology, virology, parasitology, and others. Based on companion animal type, the China companion animal diagnostics market is segmented into dogs, cats, horses, and others. Based on end user, the China companion animal diagnostics market is segmented into diagnostic laboratories, veterinary hospitals and clinics, and research institutes and universities.

The growth of the market in the China is due to rising government support for research and development activities in veterinary medicine, growing technological advancements that are resulting in various market consolidations, and rising adoption of pet animals. In addition, the presence of various market leaders in the China companion animal diagnostics market is projected to influence the market growth positively during the forecast period. The China companion animal diagnostics market in the China is expected to be the largest in North America. The growth of the market in the country is determined by factors such as a technologically advanced team in research and development of the veterinary sector and the presence of numerous animal health centers. Besides this, an increase in the adoption rate of pet animals and rising concern about maintaining the health of pets further promote the market growth.

The National Veterinary Services Laboratories provide diagnostics services for animals, and it offers a wide range of diagnostic services and information centered around the diagnosis of domestic and foreign animal diseases. The laboratory is also involved in the support of disease control and eradication programs. It produces reagents for diagnostic testing and offers training and laboratory certification. The presence of strong players in the China is further augmenting the market growth. For instance, Zoetis Inc. is among the market leaders involved in the development, manufacturing, and marketing of veterinary point-of-care diagnostic instruments and consumables. It also offers immunodiagnostic products to help detect viruses, bacteria, antibodies to viruses, and bacteria through antigen-antibody reactions.

1.        Introduction

1.1      The Insight Partners Research Report Guidance

1.2      Market Segmentation

2.        Executive Summary

2.1      Key Insights

3.        Research Methodology

3.1      Secondary Research

3.2      Primary Research

3.2.1       Hypothesis formulation:

3.2.2       Macro-economic factor analysis:

3.2.3       Developing base number:

3.2.4       Data Triangulation:

3.2.5       Country level data:

4.        China Companion Animal Diagnostics Market Landscape

4.1      Overview

4.2      PEST Analysis

5.        China Companion Animal Diagnostics Market – Key Market Dynamics

5.1      China Companion Animal Diagnostics Market – Key Market Dynamics

5.2      Market Drivers

5.2.1       Increasing Adoption of Pets for Companionship

5.2.2       Upsurge in Pet Spending

5.3      Market Restraints

5.3.1       Lack of Skilled Professionals

5.4      Market Opportunities

5.4.1       Advent of Precision Medicine

5.5      Future Trends

5.5.1       Technological Advancements

5.6      Impact of Drivers and Restraints:

6.        China Companion Animal Diagnostics Market Analysis

6.1      China Companion Animal Diagnostics Market Revenue (US$ Million), 2021–2031

7.        China Companion Animal Diagnostics Market Analysis – by Technique

7.1      Immunodiagnostics

7.1.1       Overview

7.1.2       Immunodiagnostics: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

7.2      Clinical Biochemistry

7.2.1       Overview

7.2.2       Clinical Biochemistry: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

7.3      Molecular Diagnostics

7.3.1       Overview

7.3.2       Molecular Diagnostics: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

7.4      Urinalysis

7.4.1       Overview

7.4.2       Urinalysis: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

7.5      Hematology

7.5.1       Overview

7.5.2       Hematology: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

7.6      Others

7.6.1       Overview

7.6.2       Others: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

8.        China Companion Animal Diagnostics Market Analysis – by Product

8.1      Instruments

8.1.1       Overview

8.1.2       Instruments: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

8.2      Consumables

8.2.1       Overview

8.2.2       Consumables: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

9.        China Companion Animal Diagnostics Market Analysis – by Application

9.1      Bacteriology

9.1.1       Overview

9.1.2       Bacteriology: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

9.2      Clinical Pathology

9.2.1       Overview

9.2.2       Clinical Pathology: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031  (US$ Million)

9.3      Virology

9.3.1       Overview

9.3.2       Virology: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

9.4      Parasitology

9.4.1       Overview

9.4.2       Parasitology: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

9.5      Others

9.5.1       Overview

9.5.2       Others: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

10.      China Companion Animal Diagnostics Market Analysis – by Companion Animal Type

10.1    Dogs

10.1.1     Overview

10.1.2     Dogs: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

10.2    Cats

10.2.1     Overview

10.2.2     Cats: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

10.3    Horses

10.3.1     Overview

10.3.2     Horses: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

10.4    Others

10.4.1     Overview

10.4.2     Others: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

11.      China Companion Animal Diagnostics Market Analysis – by End User

11.1    Diagnostic Laboratories

11.1.1     Overview

11.1.2     Diagnostic Laboratories: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

11.2    Veterinary Hospitals and Clinics

11.2.1     Overview

11.2.2     Veterinary Hospitals and Clinics: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

11.3    Research Institutes

11.3.1     Overview

11.3.2     Research Institutes: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

11.4    Others

11.4.1     Overview

11.4.2     Others: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

12.      China Companion Animal Diagnostics Market – Country Analysis

12.1    China

12.1.1     China Companion Animal Diagnostics Market

12.1.1.1       China: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

13.      Industry Landscape

13.1    Overview

13.2    Growth Strategies in China Companion Animal Diagnostics Market

13.3    Organic Growth Strategies

13.3.1     Overview

13.4    Inorganic Growth Strategies

13.4.1     Overview

14.      Company Profiles

14.1    ARI Medical Technology Co Ltd

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2    Heska Corp

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3    Innovative Diagnostics SAS

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4    i-SENS Inc

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Financial Overview

14.4.4     SWOT Analysis

14.4.5     Key Developments

14.5    Tianjin LOCMEDT Technologies Co Ltd

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6    Universal Biosensors Inc

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     SWOT Analysis

14.6.5     Key Developments

14.7    Zoetis Inc

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Financial Overview

14.7.4     SWOT Analysis

14.7.5     Key Developments

14.8    Elanco Animal Health Inc

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Financial Overview

14.8.4     SWOT Analysis

14.8.5     Key Developments

14.9    Chengdu Seamaty Technology Co., Ltd.

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Financial Overview

14.9.4     SWOT Analysis

14.9.5     Key Developments

14.10  Shenzhen Mindray Animal Medical Technology Co., LTD

14.10.1   Key Facts

14.10.2   Business Description

14.10.3   Financial Overview

14.10.4   SWOT Analysis

14.10.5   Key Developments

15.      Appendix

15.1    About The Insight Partners

15.2    Glossary of Terms

 

 

 

 

List of Tables

Table 1.          China Companion Animal Diagnostics Market Segmentation

Table 2.          China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million) – by Technique

Table 3.          China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million) – by Product

Table 4.          China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million) – by Application

Table 5.          China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million) –  by Companion Animal Type

Table 6.          China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 7.          Recent Organic Growth Strategies in China Companion Animal Diagnostics Market

Table 8.          Recent Inorganic Growth Strategies in the China Companion Animal Diagnostics Market

Table 9.          Glossary of Terms

 

 

List of Figures

Figure 1.         PEST Analysis

Figure 2.         Share of People Who Owned Pets in China, by Pet Type, 2023

Figure 3.         Impact Analysis of Drivers and Restraints

Figure 4.         China Companion Animal Diagnostics Market Revenue (US$ Million), 2021–2031

Figure 5.         China Companion Animal Diagnostics Market Share (%) – by Technique, 2023 and 2031

Figure 6.         Immunodiagnostics: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031  (US$ Million)

Figure 7.         Clinical Biochemistry: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 8.         Molecular Diagnostics: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031  (US$ Million)

Figure 9.         Urinalysis: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 10.      Hematology: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 11.      Others: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 12.      China Companion Animal Diagnostics Market Share (%) – by Product, 2023 and 2031

Figure 13.      Instruments: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 14.      Consumables: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 15.      China Companion Animal Diagnostics Market Share (%) – by Application, 2023 and 2031

Figure 16.      Bacteriology: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 17.      Clinical Pathology: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 18.      Virology: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 19.      Parasitology: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 20.      Others: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 21.      China Companion Animal Diagnostics Market Share (%) – by Companion Animal Type, 2023 and 2031

Figure 22.      Dogs: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 23.      Cats: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 24.      Horses: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 25.      Others: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 26.      China Companion Animal Diagnostics Market Share (%) – by End User, 2023 and 2031

Figure 27.      Diagnostic Laboratories: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031  (US$ Million)

Figure 28.      Veterinary Hospitals and Clinics: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 29.      Research Institutes: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 30.      Others: China Companion Animal Diagnostics Market– Revenue and Forecast to 2031 (US$ Million)

Figure 31.      China: China Companion Animal Diagnostics Market – Revenue and Forecast to 2031 (US$ Million)

Figure 32.      Growth Strategies in China Companion Animal Diagnostics Market

 

  1. ARI Medical Technology Co Ltd
  2. Heska Corp
  3. Innovative Diagnostics SAS
  4. i-SENS Inc
  5. Tianjin LOCMEDT Technologies Co Ltd
  6. Universal Biosensors Inc
  7. Zoetis Inc
  8. Elanco Animal Health Inc
  9. Chengdu Seamaty Technology Co., Ltd
  10. Shenzhen Mindray Animal Medical Technology Co., LTD
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the companion animal diagnostics market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the companion animal diagnostics market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the companion animal diagnostics market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
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