Japan Veterinary Imaging Market Size & Outlook, 2023-2030
Japan veterinary imaging market, 2018-2030 (US$M)
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Japan veterinary imaging market highlights
- The Japan veterinary imaging market generated a revenue of USD 70.7 million in 2023 and is expected to reach USD 112.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.9% 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 70.7 million |
| Market revenue in 2030 | USD 112.6 million |
| Growth rate | 6.9% (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, Japan accounted for 3.8% 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 |
|---|
Japan 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 38.33% in 2023. Horizon Databook has segmented the Japan 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.
Key factors driving the market are technological developments in veterinary sector, innovations in the diagnostic field, and favorable government initiatives to increase the adoption of veterinary healthcare practices. Furthermore, the upward shift in medical expenditure is a key contributing growth factor in the market.
For instance, in February 2021, FUJIFILM Medical Systems U.S.A. introduced its VXR Veterinary X-Ray Room, designed specifically for veterinarians seeking high-quality, low-dose X-rays. With advanced digital radiography technology, the system enhances diagnostic efficiency for pets while ensuring safety of both patients & staff.
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Target buyers of Japan 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 Japan veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Japan veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan veterinary imaging market size, by product, 2018-2030 (US$M)
Japan Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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