Saudi Arabia Veterinary Imaging Market Size & Outlook
Saudi Arabia veterinary imaging market, 2018-2030 (US$M)
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Saudi Arabia veterinary imaging market highlights
- The Saudi Arabia veterinary imaging market generated a revenue of USD 13.3 million in 2023 and is expected to reach USD 21.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- Video Endoscopy 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 13.3 million |
| Market revenue in 2030 | USD 21.3 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Video Endoscopy |
| 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, Saudi Arabia accounted for 0.7% 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 Middle East & Africa, South Africa veterinary imaging market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.4 million by 2030.
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Veterinary Imaging Market Scope
Veterinary Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 36.84% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia veterinary imaging market is growing at a moderate rate. This can be attributed to increasing adoption of veterinary diagnostic laboratories and growing awareness about animal health in the country. Increasing spending on animal health, growing livestock farming, and a rise in adoption of companion animals are factors likely to drive market growth.
The adoption of veterinary imaging in Saudi Arabia is steadily increasing, reflecting a growing demand for advanced diagnostic technologies in the veterinary sector. With a focus on enhancing animal healthcare standards, veterinary clinics and hospitals in the country are investing in imaging modalities such as radiography, ultrasonography, and CT.
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Target buyers of Saudi Arabia 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 Saudi Arabia veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia veterinary imaging market size, by product, 2018-2030 (US$M)
Saudi Arabia Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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