Global Veterinary Clinical Trials Market Size study, by Animal (Companion Animal, Livestock Animal, Other Animals), by Indication, Intervention, Sponsor and Regional Forecasts 2022-2032
Global Veterinary Clinical Trials Market is valued approximately at USD 4.94 billion in 2023 and is anticipated to grow with a remarkable CAGR of more than 9.00% over the forecast period 2024–2032. The veterinary clinical trials ecosystem is rapidly evolving as pharmaceutical innovation, animal health awareness, and precision-based veterinary research converge to drive evidence-based therapies for animal diseases. These trials are fundamental for validating the safety and efficacy of novel veterinary drugs, vaccines, and therapeutic approaches across both companion and production animals. Modern veterinary trials are embracing cutting-edge interventions such as monoclonal antibodies, gene therapies, and biosimilars—mirroring the sophistication traditionally seen in human healthcare. This scientific rigor, coupled with the growing recognition of animal health's role in global biosecurity, is significantly propelling market demand.
As the global veterinary industry matures, several structural and behavioral catalysts are fueling clinical trial activities. The steady increase in pet ownership, along with rising expenditure on pet health, has elevated the demand for targeted treatments and condition-specific medications, especially in companion animals. Simultaneously, zoonotic outbreaks and regulatory mandates for safer food chains have intensified the need for veterinary research in livestock and poultry populations. Governments and corporate sponsors are increasing their focus on clinical trials that reduce antimicrobial resistance and align with the One Health initiative. Meanwhile, the adoption of digital monitoring devices, wearable biosensors, and telehealth in trial protocols is streamlining data capture and enhancing compliance, thus improving trial efficiency and accuracy.
Despite promising opportunities, the veterinary clinical trials market faces several challenges. Complex trial designs, ethical considerations regarding animal testing, and limited availability of well-trained investigators are some of the core issues constraining progress. Moreover, differences in regulatory frameworks across countries can hinder multi-national trial deployment, delaying product approvals. However, partnerships between CROs, academic veterinary centers, and biopharma companies are bridging these gaps, leveraging global networks to standardize trial operations and increase throughput. The emergence of decentralized and virtual clinical trials in veterinary medicine is another transformative trend helping mitigate logistical and operational constraints.
Innovation in trial methodologies is reshaping the landscape. AI-driven predictive modeling, real-time remote monitoring, and cloud-based data analytics are being actively integrated to enhance trial designs, reduce timelines, and mitigate variability in endpoints. These advancements are enabling faster go-to-market strategies and more personalized treatment approaches for animals. Furthermore, strategic investments in disease-specific trials—especially for oncology, dermatology, and metabolic disorders in pets—are unlocking new avenues of commercial potential, creating a rich pipeline of veterinary pharmaceuticals awaiting regulatory nods.
Regionally, North America leads the global veterinary clinical trials market due to its advanced veterinary infrastructure, presence of major sponsors, and supportive regulatory pathways. Europe follows closely, benefiting from a well-organized veterinary services network and rising government funding for livestock research. Asia Pacific is expected to witness the highest growth rate over the forecast period, driven by growing livestock production, veterinary research funding, and increasing awareness about pet health in emerging economies like China, India, and Southeast Asia. Latin America and the Middle East & Africa are also gaining momentum, aided by international collaborations, improvements in veterinary education, and public-private partnerships focused on infectious disease control in animals.
Major market player included in this report are:
By Animal
North America
As the global veterinary industry matures, several structural and behavioral catalysts are fueling clinical trial activities. The steady increase in pet ownership, along with rising expenditure on pet health, has elevated the demand for targeted treatments and condition-specific medications, especially in companion animals. Simultaneously, zoonotic outbreaks and regulatory mandates for safer food chains have intensified the need for veterinary research in livestock and poultry populations. Governments and corporate sponsors are increasing their focus on clinical trials that reduce antimicrobial resistance and align with the One Health initiative. Meanwhile, the adoption of digital monitoring devices, wearable biosensors, and telehealth in trial protocols is streamlining data capture and enhancing compliance, thus improving trial efficiency and accuracy.
Despite promising opportunities, the veterinary clinical trials market faces several challenges. Complex trial designs, ethical considerations regarding animal testing, and limited availability of well-trained investigators are some of the core issues constraining progress. Moreover, differences in regulatory frameworks across countries can hinder multi-national trial deployment, delaying product approvals. However, partnerships between CROs, academic veterinary centers, and biopharma companies are bridging these gaps, leveraging global networks to standardize trial operations and increase throughput. The emergence of decentralized and virtual clinical trials in veterinary medicine is another transformative trend helping mitigate logistical and operational constraints.
Innovation in trial methodologies is reshaping the landscape. AI-driven predictive modeling, real-time remote monitoring, and cloud-based data analytics are being actively integrated to enhance trial designs, reduce timelines, and mitigate variability in endpoints. These advancements are enabling faster go-to-market strategies and more personalized treatment approaches for animals. Furthermore, strategic investments in disease-specific trials—especially for oncology, dermatology, and metabolic disorders in pets—are unlocking new avenues of commercial potential, creating a rich pipeline of veterinary pharmaceuticals awaiting regulatory nods.
Regionally, North America leads the global veterinary clinical trials market due to its advanced veterinary infrastructure, presence of major sponsors, and supportive regulatory pathways. Europe follows closely, benefiting from a well-organized veterinary services network and rising government funding for livestock research. Asia Pacific is expected to witness the highest growth rate over the forecast period, driven by growing livestock production, veterinary research funding, and increasing awareness about pet health in emerging economies like China, India, and Southeast Asia. Latin America and the Middle East & Africa are also gaining momentum, aided by international collaborations, improvements in veterinary education, and public-private partnerships focused on infectious disease control in animals.
Major market player included in this report are:
- Zoetis Inc.
- Boehringer Ingelheim International GmbH
- IDEXX Laboratories, Inc.
- Elanco Animal Health Inc.
- Virbac
- Covetrus, Inc.
- Merck & Co., Inc.
- VCA Animal Hospitals
- Charles River Laboratories International, Inc.
- VetDC, Inc.
- Kindred Biosciences, Inc.
- Jurox Pty Limited
- Dechra Pharmaceuticals PLC
- VetStem Biopharma, Inc.
- Oncotect, Inc.
By Animal
- Companion Animal
- Livestock Animal
- Other Animals
- Oncology
- Infectious Diseases
- Dermatology
- Others
- Treatment
- Prevention
- Diagnostic
- Pharmaceutical Companies
- CROs (Contract Research Organizations)
- Academic & Research Institutions
North America
- U.S.
- Canada
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Brazil
- Mexico
- Rest of Latin America
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Historical Year – 2022
- Base Year – 2023
- Forecast Period – 2024 to 2032
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL VETERINARY CLINICAL TRIALS MARKET EXECUTIVE SUMMARY
1.1. Global Veterinary Clinical Trials Market Size & Forecast (2022–2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Animal
1.3.2. By Indication
1.3.3. By Intervention
1.3.4. By Sponsor
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL VETERINARY CLINICAL TRIALS MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Investigator Availability
2.3.3.2. Clinical Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Trial Cost Structures
2.3.3.5. Sponsor Capabilities
2.3.4. Demand Side Analysis
2.3.4.1. Animal Disease Burden
2.3.4.2. Ethical & Welfare Considerations
2.3.4.3. One Health Alignment
2.3.4.4. Owner & Producer Awareness
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL VETERINARY CLINICAL TRIALS MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rising Pet Ownership & Health Expenditure
3.1.2. Regulatory Push for Livestock Safety
3.1.3. Expansion of Biologic & Novel Therapeutics
3.1.4. Digitalization of Trial Monitoring
3.2. Market Challenges
3.2.1. Complex Protocol Design & Execution
3.2.2. Ethical Concerns & Animal Welfare Regulations
3.2.3. Investigator & Site Shortages
3.2.4. Cross-Border Regulatory Divergence
3.3. Market Opportunities
3.3.1. Decentralized & Virtual Trial Models
3.3.2. AI-Driven Predictive Analytics
3.3.3. Strategic CRO Partnerships
3.3.4. Disease-Specific Niche Trials
CHAPTER 4. GLOBAL VETERINARY CLINICAL TRIALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s Five Forces Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s Model
4.1.7. Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspectives
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY ANIMAL (2022–2032)
5.1. Segment Dashboard
5.2. Companion Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.3. Livestock Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.4. Other Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 6. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY INDICATION (2022–2032)
6.1. Segment Dashboard
6.2. Oncology Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.3. Infectious Disease Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.4. Dermatology Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.5. Other Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 7. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY INTERVENTION (2022–2032)
7.1. Segment Dashboard
7.2. Treatment Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.3. Prevention Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.4. Diagnostic Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 8. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY SPONSOR (2022–2032)
8.1. Segment Dashboard
8.2. Pharmaceutical Company–Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.3. CRO-Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.4. Academic & Research Institution–Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 9. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY REGION (2022–2032)
9.1. North America
9.1.1. U.S. Veterinary Clinical Trials Market
9.1.1.1. By Segment Breakdown, 2022–2032
9.1.2. Canada
9.2. Europe
9.2.1. UK
9.2.2. Germany
9.2.3. France
9.2.4. Spain
9.2.5. Italy
9.2.6. Rest of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. India
9.3.3. Japan
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia Pacific
9.4. Latin America
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Rest of Latin America
9.5. Middle East & Africa
9.5.1. Saudi Arabia
9.5.2. South Africa
9.5.3. Rest of Middle East & Africa
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Zoetis Inc.
10.1.2. Boehringer Ingelheim International GmbH
10.1.3. IDEXX Laboratories, Inc.
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Zoetis Inc.
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Elanco Animal Health Inc.
10.3.3. Virbac
10.3.4. Covetrus, Inc.
10.3.5. Merck & Co., Inc.
10.3.6. VCA Animal Hospitals
10.3.7. Charles River Laboratories International, Inc.
10.3.8. VetDC, Inc.
10.3.9. Kindred Biosciences, Inc.
10.3.10. Jurox Pty Limited
10.3.11. Dechra Pharmaceuticals PLC
10.3.12. VetStem Biopharma, Inc.
10.3.13. Oncotect, Inc.
CHAPTER 11. RESEARCH PROCESS
11.1. Research Methodology
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
1.1. Global Veterinary Clinical Trials Market Size & Forecast (2022–2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Animal
1.3.2. By Indication
1.3.3. By Intervention
1.3.4. By Sponsor
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL VETERINARY CLINICAL TRIALS MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Investigator Availability
2.3.3.2. Clinical Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Trial Cost Structures
2.3.3.5. Sponsor Capabilities
2.3.4. Demand Side Analysis
2.3.4.1. Animal Disease Burden
2.3.4.2. Ethical & Welfare Considerations
2.3.4.3. One Health Alignment
2.3.4.4. Owner & Producer Awareness
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL VETERINARY CLINICAL TRIALS MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rising Pet Ownership & Health Expenditure
3.1.2. Regulatory Push for Livestock Safety
3.1.3. Expansion of Biologic & Novel Therapeutics
3.1.4. Digitalization of Trial Monitoring
3.2. Market Challenges
3.2.1. Complex Protocol Design & Execution
3.2.2. Ethical Concerns & Animal Welfare Regulations
3.2.3. Investigator & Site Shortages
3.2.4. Cross-Border Regulatory Divergence
3.3. Market Opportunities
3.3.1. Decentralized & Virtual Trial Models
3.3.2. AI-Driven Predictive Analytics
3.3.3. Strategic CRO Partnerships
3.3.4. Disease-Specific Niche Trials
CHAPTER 4. GLOBAL VETERINARY CLINICAL TRIALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s Five Forces Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s Model
4.1.7. Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspectives
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY ANIMAL (2022–2032)
5.1. Segment Dashboard
5.2. Companion Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.3. Livestock Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.4. Other Animal Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 6. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY INDICATION (2022–2032)
6.1. Segment Dashboard
6.2. Oncology Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.3. Infectious Disease Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.4. Dermatology Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.5. Other Indications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 7. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY INTERVENTION (2022–2032)
7.1. Segment Dashboard
7.2. Treatment Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.3. Prevention Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.4. Diagnostic Interventions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 8. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY SPONSOR (2022–2032)
8.1. Segment Dashboard
8.2. Pharmaceutical Company–Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.3. CRO-Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.4. Academic & Research Institution–Sponsored Trials Revenue Trend Analysis, 2022 & 2032 (USD Billion)
CHAPTER 9. GLOBAL VETERINARY CLINICAL TRIALS MARKET SIZE & FORECASTS BY REGION (2022–2032)
9.1. North America
9.1.1. U.S. Veterinary Clinical Trials Market
9.1.1.1. By Segment Breakdown, 2022–2032
9.1.2. Canada
9.2. Europe
9.2.1. UK
9.2.2. Germany
9.2.3. France
9.2.4. Spain
9.2.5. Italy
9.2.6. Rest of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. India
9.3.3. Japan
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia Pacific
9.4. Latin America
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Rest of Latin America
9.5. Middle East & Africa
9.5.1. Saudi Arabia
9.5.2. South Africa
9.5.3. Rest of Middle East & Africa
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Zoetis Inc.
10.1.2. Boehringer Ingelheim International GmbH
10.1.3. IDEXX Laboratories, Inc.
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Zoetis Inc.
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Elanco Animal Health Inc.
10.3.3. Virbac
10.3.4. Covetrus, Inc.
10.3.5. Merck & Co., Inc.
10.3.6. VCA Animal Hospitals
10.3.7. Charles River Laboratories International, Inc.
10.3.8. VetDC, Inc.
10.3.9. Kindred Biosciences, Inc.
10.3.10. Jurox Pty Limited
10.3.11. Dechra Pharmaceuticals PLC
10.3.12. VetStem Biopharma, Inc.
10.3.13. Oncotect, Inc.
CHAPTER 11. RESEARCH PROCESS
11.1. Research Methodology
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
