Middle East & Africa Veterinary Imaging Market Size & Outlook
Middle East & Africa veterinary imaging market, 2018-2030 (US$M)
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MEA veterinary imaging market highlights
- The MEA veterinary imaging market generated a revenue of USD 73.4 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 73.4 million |
| Market revenue in 2030 | USD 121.1 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | CT Imaging |
| 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 |
| 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, MEA region accounted for 4.0% of the global veterinary imaging 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 558.5 million by 2030.
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Veterinary Imaging Market Scope
Veterinary Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 40.05% in 2023. Horizon Databook has segmented the Middle East & Africa 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 market for veterinary imaging in MEA is anticipated to expand steadily over the projected period due to the growing animal disease outbreak and rising need for effective diagnostic solutions. In addition, the market is anticipated to grow as a result of rising demand for advanced imaging services and insurance, as well as increased awareness of animal diseases.
Moreover, the need for improved diagnostics and advanced imaging solutions increases as the number of zoonotic diseases in animals and their transmission to humans rises.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa veterinary imaging market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA veterinary imaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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