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Industry Knowledge

Market Overview

Metric Value
Veterinary diagnostics market (2023) ~$4.5 B
Projected (2030) ~$8.5 B
CAGR ~9–10%
POCT segment ~30% (fastest-growing)

Technology Roadmap

Stage Technology
Past Qualitative colloidal-gold LFIA
Present Quantitative FICT (instrument-read)
Future Cloud-connected, multi-analyte POCT

Regulatory Landscape

Region Framework
EU IVDR (2017/746) — CE marking
US FDA veterinary device regulations
China NMPA IVD registration

Explore This Domain

FAQ

Why is POCT growing faster than lab testing? Same-visit results improve compliance and retain testing revenue in-clinic.

What is driving the shift to quantitative POCT? Clinical demand for monitoring (CRP/SAA serial testing, progesterone timing) requires concentration, not just positive/negative.

For market data, see the Data Hub.

Authored by: Migibio Clinical & Scientific Affairs, Guangzhou Magic Biotech Co., Ltd.

Reviewed by: Migibio R&D Quality Committee

Last updated: 2026-08-13

Disclosure: Migibio (Guangzhou Magic Biotech Co., Ltd.) is the manufacturer of the FIA680/FIA880 analyzers and FICT reagents referenced in this content. See our Editorial & Review Policy.

Contact: Martin.Wong  ·  Phone (WhatsApp): +86 13323237275  ·  Email: martinwang2024@gmail.com
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