Australia Veterinary Imaging Market Size & Outlook
Australia veterinary imaging market, 2018-2030 (US$M)
Related Markets
Australia veterinary imaging market highlights
- The Australia veterinary imaging market generated a revenue of USD 48.4 million in 2023 and is expected to reach USD 82.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- MRI is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary imaging market data book summary
| Market revenue in 2023 | USD 48.4 million |
| Market revenue in 2030 | USD 82.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | MRI |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Ultrasound, MRI, CT Imaging, Video Endoscopy |
| Key market players worldwide | IDEXX Laboratories Inc, GE Aerospace, FUJIFILM Holdings Corp, Mars Group Holdings Corp, shenzhen mindray automation equipment co., Esaote, Sound, Universal Medical Systems, Hallmarq Veterinary Imaging, HESKA |
Other key industry trends
- In terms of revenue, Australia accounted for 2.6% of the global veterinary imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China veterinary imaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 89.5 million by 2030.
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Veterinary Imaging Market Scope
Veterinary Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 45.66% in 2023. Horizon Databook has segmented the Australia 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.
The veterinary imaging market in Australia is growing significantly due to several factors, including the increasing prevalence of veterinary diseases, rising demand for advanced diagnostic instruments, growing adoption of companion animals, and developments by key players in the market.
Through experienced equine radiologists and ongoing support, Vet CT offers high-quality image reporting, clinical expertise, and training sessions to optimize advanced imaging services at Murdoch University & beyond, contributing to the advancement of veterinary care in Australia.
Partnering with distributors like REM SYSTEMS and Rare breed Veterinary Partners, Butterfly expanded its presence in Australia, advancing innovation & accessibility in the Australian veterinary imaging market.
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Target buyers of Australia 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 country-level data and insights on the Australia veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Australia veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia veterinary imaging market size, by product, 2018-2030 (US$M)
Australia Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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