How Big is the Veterinary Oncology Market | Industry Trends & Growth Insights 2025

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Code: MTA9761

Publication Date: Oct 2025

How Big is the Veterinary Oncology Market?

According to 6Wresearch internal database and industry insights, the Global Veterinary Oncology Market was valued at USD 2.8 Billion in 2024 and is expected to reach USD 4.5 Billion by 2031, growing at a compound annual growth rate of 7.80% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include rising prevalence of cancer in companion animals, growing awareness among pet owners regarding advanced cancer treatments, increasing veterinary healthcare expenditure, and advancements in diagnostic and therapeutic technologies for animal oncology.

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Key Growth Drivers of the Veterinary Oncology Market

Rising incidence of cancer cases in companion animals
Increasing adoption of advanced veterinary diagnostic imaging
Growing demand for chemotherapy, radiation, and targeted therapies
Rising pet ownership and healthcare expenditure
Advancements in personalized veterinary medicine and biotechnology

Veterinary Oncology Market Trends

Veterinary Oncology Market is witnessing major growth with notable trends such as increasing adoption of targeted cancer therapies and immunotherapies for pets. More veterinary practices are using advanced diagnostic tools like MRI, CT scans, and molecular imaging. People are becoming more interested in minimally invasive oncology procedures that can help improve treatment outcomes.

Veterinary clinics are using digital health platforms to help with cancer consultations and monitoring. The market is changing due to more people are focusing on precision medicine and cancer detection based on biomarkers. The move toward combination therapies in veterinary oncology is also increasing.

Emerging Developments in the Veterinary Oncology Market

Veterinary Oncology Market is evolving with rising R&D investments in novel oncology drugs, biologics, and gene therapies for animals. Advancements in radiation therapy equipment tailored for veterinary use are expanding treatment possibilities. More veterinary hospitals, research institutes, and drug companies are working together.

And more cancer vaccines are being made for pets to stop the disease from coming back. Tele-oncology services are becoming more common, allowing people to get care and consultations from a distance. The market is also seeing new ways to deliver drugs to animals and personalized cancer treatments, which are helping to improve treatment outcomes.