Latin America Veterinary Cardiology Market Size & Outlook
The veterinary cardiology market in Latin America is expected to reach a projected revenue of US$ 374.8 million by 2030. A compound annual growth rate of 8.7% is expected of Latin America veterinary cardiology market from 2024 to 2030.
Revenue, 2023 (US$M)
$209.1
Forecast, 2030 (US$M)
$374.8
CAGR, 2024 - 2030
8.7%
Report Coverage
Latin America
Latin America veterinary cardiology market, 2018-2030 (US$M)
Latin America veterinary cardiology market highlights
- The Latin America veterinary cardiology market generated a revenue of USD 209.1 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, companion animals was the largest revenue generating animal type in 2023.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 209.1 million |
| Market revenue in 2030 | USD 374.8 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Companion animals |
| Fastest growing segment | Companion Animals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals |
| Key market players worldwide | Boehringer Ingelheim, Zoetis Inc Class A, CEVA Inc, Merck & Co Inc, IDEXX Laboratories Inc, Sound, Portland General Electric Co, FUJIFILM Holdings Corp, Esaote |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.9% of the global veterinary cardiology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 983.7 million by 2030.
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Veterinary cardiology Market Scope
Veterinary cardiology market segmentation & scope
Product
Pharmaceuticals
Pimobendan
Spironolactone and benazepril hydrochloride
Others
Oral
Injectable
Diagnostics
Physical exam
Chest X-rays
Electrocardiogram (ECG)
Others
Indication
Congestive Heart Failure
Myocardial (Heart Muscle) Disease
Arrhythmias
Others
End Use
Veterinary Hospitals & Clinics
Others
Distribution Channel
Hospital/ Clinic Pharmacy
Retail
E-Commerce
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Veterinary cardiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America veterinary cardiology market
Related industry reports
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