Germany Veterinary Imaging Market Size & Outlook, 2023-2030
Germany veterinary imaging market, 2018-2030 (US$M)
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Germany veterinary imaging market highlights
- The Germany veterinary imaging market generated a revenue of USD 111.1 million in 2023 and is expected to reach USD 167.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- CT Imaging 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 111.1 million |
| Market revenue in 2030 | USD 167.6 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | CT Imaging |
| 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, Germany accounted for 6.0% 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 Europe, UK veterinary imaging market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 34.4 million by 2030.
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Veterinary Imaging Market Scope
Veterinary Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 36.36% in 2023. Horizon Databook has segmented the Germany 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.
Presence of key players such as Siemens Healthiness is positively influencing market growth. For instance, in November 2021, Siemens AG launched a CT scanner that helps in clinical research along with unique diagnostics within its CT technology solutions & innovation and technology platform, boosting the sales of veterinary CT scanners.
Furthermore, strategic initiatives by some global players are expected to improve reimbursement policies of veterinary CT imaging in Germany. For instance, to expand into EU countries, a Germany-based pet insurance company Smart Paws merged with the U.S. medical insurance company Tropaion in October 2022.
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Target buyers of Germany 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 Germany veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany veterinary imaging market size, by product, 2018-2030 (US$M)
Germany Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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