Europe Companion Animal Diagnostics Market Size and Forecast, 2021 - 2031 | AI-Enabled Testing and Preventive Pet Care Fuel 9.5% CAGR and a US$2.27 Billion Opportunity

Europe's companion animal diagnostics market is projected to reach US$2.27 billion by 2031, growing at a 9.5% CAGR from 2024-2031. Growth is driven by AI-enabled testing, preventive pet care adoption, technological advancements, and rising pet insurance uptake. Germany and the UK lead the market, with veterinary hospitals and clinics as the largest end-user segment. Key players are investing in product development and AI integration to enhance diagnostic capabilities.