Global Veterinary Imaging Market Size & Outlook, 2023-2030
Global veterinary imaging market, 2018-2030 (US$M)
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Global veterinary imaging market highlights
- The global veterinary imaging market generated a revenue of USD 1,848.2 million in 2023 and is expected to reach USD 2,937.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, x-ray accounted for a revenue of USD 693.7 million in 2023.
- Video Endoscopy is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,848.2 million |
| Market revenue in 2030 | USD 2,937.4 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Video Endoscopy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Ultrasound, MRI, CT Imaging, Video Endoscopy |
Other key industry trends
- In terms of revenue, the North America accounted for 40.8% of the global veterinary imaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 18.6 million by 2030.
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Veterinary Imaging Market Scope
Veterinary Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global veterinary imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary imaging market will help companies and investors design strategic landscapes.
X-ray was the largest segment with a revenue share of 37.53% in 2023. Horizon Databook has segmented the Global veterinary imaging market based on x-ray, ultrasound, mri, ct imaging, video endoscopy covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Imaging Product Outlook (Revenue, USD Million, 2018-2030)
- X-ray
- Ultrasound
- MRI
- CT Imaging
- Video Endoscopy
- Global Veterinary Imaging Solution Outlook (Revenue, USD Million, 2018-2030)
- Equipment
- Accessories/ Consumables
- PACS
- Global Veterinary Imaging Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Small Animals
- Large Animals
- Global Veterinary Imaging End Use Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Clinics & Hospitals
- Others
- Global Veterinary Imaging Application Outlook (Revenue, USD Million, 2018-2030)
- Orthopedics and Traumatology
- Oncology
- Cardiology
- Neurology
- Respiratory
- Dental Application
- Other
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Target buyers of Global veterinary imaging market databook
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Our clientele includes a mix of veterinary imaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary imaging market, including forecasts for subscribers. This global databook contains high-level insights into Global veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global veterinary imaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Veterinary imaging market size, 2023 (US$M)
Global veterinary imaging market share, by product, 2023 & 2030 (%, US$M)
Veterinary imaging market: Opportunity assessment by country
Global veterinary imaging market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 650.4 | 681.1 | 660.4 | 694.3 | 718.8 | 754.8 | 794.7 | 839.1 | 888.7 | 944.1 | 1,006.4 | 1,076.5 | 1,155.8 | 6.3% |
| Europe | 472.8 | 496.0 | 482.1 | 507.8 | 526.9 | 554.4 | 585.0 | 619.1 | 657.1 | 699.8 | 747.7 | 801.7 | 862.8 | 6.5% |
| Asia Pacific | 247.7 | 265.7 | 264.2 | 284.3 | 302.0 | 322.9 | 346.1 | 372.0 | 401.0 | 433.4 | 470.1 | 511.5 | 558.5 | 8.1% |
| Latin America | 115.4 | 122.4 | 120.3 | 128.0 | 134.2 | 142.6 | 152.1 | 162.6 | 174.5 | 187.7 | 202.7 | 219.7 | 239.1 | 7.7% |
| MEA | 58.9 | 62.6 | 61.7 | 65.8 | 69.2 | 73.4 | 78.2 | 83.4 | 89.3 | 95.9 | 103.3 | 111.6 | 121.1 | 7.4% |
| Overall | 1,545.2 | 1,627.9 | 1,588.8 | 1,680.2 | 1,751.0 | 1,848.2 | 1,956.1 | 2,076.2 | 2,210.5 | 2,360.9 | 2,530.1 | 2,721.0 | 2,937.4 | 6.8% |
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