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The Veterinary Rapid Diagnostic Tests Market is expected to record a CAGR of 8.1% from 2023 to 2030, reaching $1.1 billion by 2030.
In recent years, the demand for animal-derived food products—such as meat, dairy, and eggs—has seen a significant increase. The Food and Agriculture Organization (FAO) projects that to feed the growing global population, agri-food production must rise by approximately 50-70% by 2050. However, agricultural productivity has been declining, primarily due to diminishing resources and a reduction in arable land. As a result, the demand for animal-derived food is escalating worldwide. The FAO notes that in developed countries, per capita consumption of animal proteins remains relatively stable at around 44 to 55 grams per day, while developing nations are experiencing a steady rise in animal protein consumption.
To address this growing demand for animal-derived foods, farmers are concentrating on enhancing productivity among livestock by increasing animal populations and implementing preventive measures against viral, bacterial, and parasitic infections through regular health check-ups and disease monitoring. Rapid testing technologies allow farmers to diagnose diseases on-site, minimizing the need for transporting animals to veterinary facilities or sending samples to labs. These rapid diagnostic tests are user-friendly and do not require formal training, contributing to their widespread adoption as livestock populations expand.
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The rise of zoonotic diseases such as avian influenza, swine flu, and Ebola has underscored the urgent need for rapid diagnostic tests in animal healthcare. Quick identification of these diseases is essential for effective management and prevention of their spread. Utilizing rapid diagnostic tests has also proven beneficial in reducing antibiotic usage, which is critical for addressing antimicrobial resistance. Globally, over 150 zoonotic diseases are transmitted from both wild and domestic animals to humans, with 13 of these diseases causing approximately 2.2 million deaths each year. Zoonotic diseases are caused by harmful pathogens—viruses, bacteria, parasites, and fungi—that can lead to a range of illnesses in humans and animals, from mild to severe, and in some cases, even death. Notably, animals may appear healthy while still carrying pathogens that can infect humans, depending on the specific zoonotic disease.
Foodborne zoonotic diseases arise from consuming food or water contaminated with pathogenic microorganisms. According to the U.S. Centers for Disease Control and Prevention (CDC), over six out of ten known infectious diseases are zoonotic, and three out of four new or emerging infectious diseases in humans originate from animals.
Zoonotic diseases such as tuberculosis (TB) and foot-and-mouth disease (FMD) significantly impact animal health. The African region bears the highest burden of disease and mortality due to zoonotic TB, followed by South-East Asia. Additionally, foot-and-mouth disease (FMD) is a severe and highly contagious viral illness that affects livestock, including cows, pigs, sheep, goats, and deer. FMD is classified as a transboundary animal disease (TAD), severely disrupting livestock production and hindering regional and international trade in animals and animal products. There are seven distinct virus types responsible for FMD, but their distribution varies across endemic regions, with serotype O FMDV causing about 70% of global outbreaks. Six serotypes have been identified in Africa (O, A, C, SAT-1, SAT-2, SAT-3), four in Asia (O, A, C, Asia-1), and three in South America (O, A, C) (Source: Merck Sharp & Dohme Corp).
The rising demand and consumption of animal-derived foods are leading to increased livestock populations, which poses a heightened risk of zoonotic disease outbreaks. Consequently, the adoption of rapid diagnostic tests is anticipated to propel the market for early disease diagnosis and prevention. According to Meticulous Research®, the global veterinary rapid diagnostic tests market is projected to grow at a compound annual growth rate (CAGR) of 8.1%, reaching $1.10 billion by 2030.
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Scope of the Report:
Veterinary Rapid Diagnostic Tests Market Assessment, by Product
- Rapid Test Kits
- Rapid Test Readers
Veterinary Rapid Diagnostic Tests Market Assessment, by Condition
- Viral Infections
- Bacterial Infections
- Parasitic Infections
- Other Conditions
(The other conditions segment covers metabolic diseases and ailments, pregnancy tests, and optimum breeding time).
Veterinary Rapid Diagnostic Tests Market Assessment, by Animal Type
- Companion Animals
- Dogs
- Cats
- Other Companion Animals
- Livestock Animals
Veterinary Rapid Diagnostic Tests Market Assessment, by End User
- Veterinary Hospitals & Clinics
- Reference Laboratories
- At-home/Farm Testing
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