Veterinary Imaging Market, By Product (Instrument, Reagents, Services), By Animal (Large Animals, Small Companion Animals, Others (Exotic Animals & Birds)), By Applications (Oncology, Orthopaedics and Traumatology, Neurology, Cardiology, Other (ophthalmology & dentistry)), By End User (Clinics & Hospitals, Reference Labs, and Other) , and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI490022 | Publish Date: February 2024 | No. of Pages: 170

Veterinary Imaging Market Overview

Veterinary Imaging Market was valued at US$ 1.9 Billion in 2024 and is projected to grow at a CAGR of 7.90% to reach US$ 3.9 Billion by 2034.Veterinary imaging is a branch of veterinary medicine .Veterinary imaging is used to obtain medical images of animal for diagnosis of the disease. In veterinary imaging included various system such as radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and others, and this system used to diagnose diseases in companion animals, large animals, live-stock animals, and others. Veterinary imaging is field of veterinary medicine that involves collection of medical images of animals in order to diagnose diseases, bone fracture this field identifies bones problem as well as soft tissues and can help with detecting nerve damage and dysfunction. .Veterinary imaging equipment is based on various imaging technologies such as radiography (X-ray), ultrasound, MRI .The veterinary imaging market is expected to witness significant growth over the forecast period due to adoption of pets, technological advancements in veterinary imaging systems, increase in the number of veterinary hospitals along with growth in veterinary professionals, and increase in animal health cost, increase of Veterinary Imaging Market. The demand of veterinary imaging industry is growing owing to an increasing number of fractures, surgeries, etc. Increasing prevalence of veterinary diseases, increasing pet ownership and rising expenditure on pet health are the major factors driving the market growth.

Veterinary Imaging Market Dynamics

Increase in population of companion animal

Veterinary imaging market is drive in growing healthcare spend, increase number of companion animal, availability of veterinary equipment and laboratories etc. The need for better clinical treatment of animal diseases is driving the veterinary imaging market in the region. The adoption of veterinary imaging is expected to increase during the forecast period due to increasing demand for various effective solutions to improve livestock productivity in developing as well as developed economies.  Veterinary market is High demand for dairy and meat products, growing population, increasing awareness among pet owners about better treatment for pets, and increase in pet adoption are other factors that will drive the growth of the global veterinary imaging market during the upcoming year.

Technological advancement

New imaging technologies, such as MRI and CT systems, are expected to slow adoption in veterinarians due to their high cost and significant maintenance costs. Also, Limited animal healthcare awareness in emerging markets poses a major challenge to their uptake. Moreover, these devices require skilled technicians to conduct and analyze images for accurate diagnosis; the severe shortage of skilled veterinarians is, therefore, expected to limit their adoption. , MRI (Magnetic Resonance Imaging), ultrasound scans and laparoscopy which were used only on humans are now common to treat pets and other animals as well. Digital dental X-rays and advanced oral surgery instruments also follow this pattern, enabling veterinarians to improve oral health in pets.

Restrains:

 Lack of awareness about treatment of animal diseases, lack hospitals and veterinary clinics are developed for treatments of animal, this clinics and hospital is less developed in countries.

Veterinary Imaging Market Segmentation

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Veterinary Imaging Market, is segmented based on Product, Animal, Application, End User and Region. On the basis of Product, the Global Veterinary Imaging Market is segmented into Instrument, Reagents and Services. Further, On the basis of animal, the Global Veterinary Imaging market is segmented into Large Animals, Small Companion Animals, Others (Exotic Animals & Birds). On the basis of application, the Global Veterinary Imaging Market is segmented into Oncology, Orthopaedics and Traumatology, Neurology, Cardiology, Other (ophthalmology & dentistry). On the basis of end user, the Global Veterinary Imaging Market is segmented into Clinics & Hospitals, Reference Labs and Other, Global Veterinary imaging market is segmented in to instrument  reagents in which segment continues to account for highest revenue share in the global veterinary imaging market in other product segments, which is expected to continue during the forecast period. The reason for this could be the increasing demand for these devices. Demand for these instruments has been rising due to their low cost of operations and rise sensitivity.

 Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Global Veterinary Imaging Market, is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-pacific market is estimated to witness a significant revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements.

Moreover, increase in the number of food bone diseases affecting animals and an increase in government regulations to maintain animal health in Latin America Market is expected to foster the target market. Further, increasing awareness about animal health in Latin America, and rising in pet adoption, and per capita animal health expenditure, especially in Brazil and Mexico, are contributing to the increase of the regional market.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024– 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product- Instrument, Reagents, Services

By Animal- Large Animals, Small Companion Animals, Others (Exotic Animals & Birds)

By Application – Oncology, Orthopaedics and Traumatology, Neurology, Cardiology, Other (ophthalmology & dentistry)

By End User- Clinics & Hospitals, Reference Labs, and Other

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Global Veterinary Imaging Market, report based on product, Animal, Application, and Region:

Global Veterinary Imaging Market, By Product:

  • Instrument
  • Reagents
  • Services

Global Veterinary Imaging Market, By Animal:

  • Large Animal
  • Small Companion Animal
  • Others (Exotic Animals & Birds)

Global Veterinary Imaging Market, By Application:

  • Oncology
  • Orthopaedics
  • Traumatology
  • Neurology
  • Cardiology
  • Others (Ophthalmology & Dentistry)

Global Veterinary Imaging Market, By End User:

  • Clinics & Hospitals
  • Reference Lab and Other

Global Veterinary Imaging Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Veterinary Imaging Market Key Players

The key players operating the Global Veterinary Imaging Market, includes GE Healthcare, Agfa Gevaert N.V., Carestream Health, Inc., Esaote S.p.A, IDEXX Laboratories, Inc., Mindray Medical International Limited, Canon Inc., Siemens Healthineers, FUJIFILM Holdings Corporation, Samsung Electronics Co. Ltd.,

In August 2022, IVC Evidensia Adopts SignalPET's AI-Powered Radiology to Revolutionize In-Clinic Diagnostics The point-of-care radiology technology, developed and patented by SignalPET, sends X-rays films through an AI Machine Learning technology to get the results back instantly, much quicker than sending them to a radiology specialist to analyze results, which can take up to three days.

Veterinary Imaging Market Company Profile

  • GE Healthcare
  • Agfa Gevaert N.V
  • Carestream Health,Inc.
  • Esaote S.p.A
  • IDEXX Laboratories,Inc.
  • Mindray Medical International Limited
  • Canon Inc.
  • Siemens Healthineers
  • FUJIFILM Holdings Corporation
  • Samsung Electronics Co. Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

Related Reports:

Veterinary Imaging Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product
      • Market Snippet, By Animal
      • Market Snippet, By End-User
      • Market Snippet, By Application
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Veterinary Imaging Market, By Product
  • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Instrument
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Reagents
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Services
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  1. Global Veterinary Imaging Market, By Animal, 2020 – 2030, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Large Animal
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Small Companion Animal
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Others (Exotic Animal & Birds)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  2. Global Veterinary Imaging Market, By Application, 2020 – 2030, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Oncology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Orthopaedics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Traumatology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Neurology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Cardiology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Other(Ophthalmology & Dentistry)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  3. Global Veterinary Imaging Market, By End User, 2020 – 2030, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Clinics & Hospitals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Reference Labs
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  4. Global Veterinary Imaging Market, By  Region, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Animal, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Animal, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Animal, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Animal, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Animal, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  5. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  6. Company Profiles
  •  GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Agfa Gevaert N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Carestream Health, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Esaote S.p.A
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IDEXX Laboratories, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Mindray Medical International Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Canon Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Siemens Healthineers
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FUJIFILM Holdings Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Samsung Electronics Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Veterinary Imaging Market is segmented into Product, Animal, Application, End User and Region.

Veterinary imaging market is driven by factors such as growing healthcare spending, increase in population of companion animal, availability of professional veterinary instruments and laboratories etc.

By region, The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements

The Key players operating in the Veterinary Imaging Market includes GE Healthcare, Agfa Gevaert N.V., Carestream Health, Inc., Esaote S.p.A, IDEXX Laboratories, Inc., Mindray Medical International Limited, Canon Inc., Siemens Healthineers, FUJIFILM Holdings Corporation, Samsung Electronics Co. Ltd.,