Veterinary Oncology Market: The Surge in Cancer Treatments for Pets

The global veterinary oncology market size surpassed USD 1,590 million in 2024 and is predicted to reach around USD 4,980 million by 2034, registering a CAGR of 12.09% from 2025 to 2034.

Veterinary Oncology Market Report Highlights

• By region, North America dominated the market in 2024.
• By region, Asia-Pacific is expected to grow the fastest in the market during the forecast period.
• By animal type, the canine segment dominated the market in 2024.
• By animal type, the feline segment shows significant growth in the market during the forecast period.
• By therapy, the surgery segment dominated the market in 2024.
• By therapy, the immunotherapy segment shows significant growth in the market during the forecast period.
• By cancer type, the skin cancer segment dominated the veterinary oncology market in 2024.
• By cancer type, the others segment is anticipated to grow with the highest CAGR in the market during the studied years.

Industry Valuation and Growth Rate Projection

The veterinary oncology market deals with a technical field mainly targeted at detecting and treating cancer in animals, boosted by increasing learning about pet health and developments in veterinary medicine. The future of this industry comprises a broader range of activities, from research and treatment to the generation of innovative diagnostic tools and pharmaceuticals that enhance the standard of life for pets and improve survival rates. The necessity of veterinary oncology is underlined by the rising incidence of cancer in pets, making early identification and effective treatment strategies essential. For pet animals, cancer is one of the major causes of death. Numerous treatment modalities are being made available to veterinary patients, and these modalities are simultaneously being applied in combination to improve effectiveness.

Pet cancer consciousness is increasing among pet owners, contributing to the expansion of the veterinary oncology market. Many owners have now prioritized their pets’ health, safety, and care by seeking early diagnostic and treatment options. Education about animal health has been given by veterinarians, and organizations play a critical role in spreading knowledge. This growing realization has led to an expansion in routine veterinary checkups and proactive cancer screenings, enhancing the adoption of pet oncology care.

Advancements in diagnostic technologies, like imaging tools and molecular diagnostics, have enhanced early cancer detection by improving treatment results. Meanwhile, R&D is boosting the development of innovative therapies that include targeted treatments, and cancer vaccines, immunotherapies, which are transforming cancer care for pets.

Clinical trials permit the development of novel therapeutic methods, such as targeted therapies that aim to treat cancer cells by decreasing damage to healthy tissue. These discoveries can contribute to the development of treatments that are both highly effective and less invasive than traditional options such as chemotherapy. As clinical trials lead to positive results, they not only enhance treatment options but also assist in building confidence among pet owners and veterinarians in accepting these new therapies.

Expansion in the veterinary oncology market is challenged by high treatment expenses, limited availability of veterinary oncologists, and unawareness among pet parents regarding advanced therapeutic options. The regulatory environment can also pose barriers to the swift introduction of the latest products. Innovation opportunities lie in generating telemedicine policy to remotely diagnose and manage cancer, leveraging AI for predictive analytics, and expanding services into growing markets with an evolving veterinary oncology foundation.

Cancer is still considered one of the deadliest diseases that affects both people and pets. However, despite its high mortality rate and oftentimes severity, therapeutics, especially chemotherapy, radiation, and surgical procedures, show promising results. Cancer research has been transformed by AI in veterinary medicine. AI-powered tools have become standard for cancer detection, management, and prevention in pets. Cancer in animals is evaluated through a collaboration of clinical exams, biopsies, and imaging studies. The earlier the disease detection, the more options veterinarians have for interventional treatments, which include immunotherapy, surgery, chemotherapy and radiation. Thus, identifying cancer in pets can be difficult because symptoms are often acknowledged in later stages when the cancer has already spread the other body parts.

Artificial intelligence powered software is being deployed to analyze X-rays and detect irregularities or unusual masses that may constitute a tumor. It can also study MRIs, ultrasounds, and CT scans for internal growths that are impossible to tell apart tumors from normal tissue without a detailed comparison. Where AI helps veterinarians is with its highly advanced capability to quickly detect these images, offering pet healthcare providers a timely and precise diagnosis. Early detection is supreme when it comes to cancer treatment. The earlier a tumor is found, the more likely it can be treated before it spreads to other portions of the body. This translates directly into improved survival rates and better long-term results for pets.

The precision of AI in identifying tumors at early stages permits veterinarians to intervene sooner, offering a broader array of treatment alternatives that can be monitored to the individual needs of the pet. In a few cases, early stages of cancers can be easily removed surgically with low rates of remission. In others, less vigorous treatments may be used, which can have fewer side effects and a quick recovery time. By detecting cancer in its early stages, AI-based analysis can drastically increase survival rates, which contributes massively to a pet’s quality of life both during and post-treatment. The integration of new technologies such as AI is set to give a significant boost to the veterinary oncology market.

Technological advancements have transformed veterinary oncology by integrating digital tools for enhanced management of animal health data and therapeutic plans. This has not only well-organized processes but also raised the effectiveness of cancer treatments. Further, the trend towards specialization in veterinary services, including oncology, meets an increasing need for customized and effective cancer care, supporting higher service fees and dedicated resources.