Sweden Veterinary Imaging Market Size & Outlook, 2023-2030
Sweden veterinary imaging market, 2018-2030 (US$M)
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Sweden veterinary imaging market highlights
- The Sweden veterinary imaging market generated a revenue of USD 20.9 million in 2023 and is expected to reach USD 34.4 million by 2030.
- The Sweden 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.
- 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 20.9 million |
| Market revenue in 2030 | USD 34.4 million |
| Growth rate | 7.4% (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, Sweden 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 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 |
|---|
Sweden 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 37.32% in 2023. Horizon Databook has segmented the Sweden 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 primary factor strengthening the country's market growth is an increase in pet insurance coverage. Pet owners are more likely to take their animals to veterinary hospitals and clinics for diagnosis & treatment with insurance policies covering the cost of veterinary care, which increases the need for diagnostic imaging equipment.
Nordic region has universal insurance coverage that also applies if an animal is temporarily residing in another European nation for a period of no longer than a year, provided that users follow the guidelines established by the Swedish Board of Agriculture and the animal is allowed to travel between the countries without the need for quarantine.
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Target buyers of Sweden 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 Sweden veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Sweden veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden veterinary imaging market size, by product, 2018-2030 (US$M)
Sweden Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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