South Africa Veterinary Imaging Market Size & Outlook
South Africa veterinary imaging market, 2018-2030 (US$M)
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South Africa veterinary imaging market highlights
- The South Africa veterinary imaging market generated a revenue of USD 20.4 million in 2023 and is expected to reach USD 32.7 million by 2030.
- The South Africa 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.
- 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 20.4 million |
| Market revenue in 2030 | USD 32.7 million |
| Growth rate | 7% (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, South Africa accounted for 1.1% 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 |
|---|
South 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 47.06% in 2023. Horizon Databook has segmented the South 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.
In recent years, there has been a considerable increase in the number of incidents of zoonotic diseases. Hence, the need to treat diseases has increased significantly as a result of the rise in cases, which is going to promote growth of the veterinary imaging market.
Veterinary imaging technologies, such as radiography, ultrasonography, and MRI, are essential tools for diagnosing zoonotic diseases in animals. These imaging modalities help veterinarians identify lesions, tumors, and abnormalities, which may indicate the presence of infectious agents, facilitating early detection & control of zoonotic diseases.
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Target buyers of South 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 country-level data and insights on the South Africa veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into South Africa veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa veterinary imaging market size, by product, 2018-2030 (US$M)
South Africa Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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