Thailand Veterinary Imaging Market Size & Outlook
Thailand veterinary imaging market, 2018-2030 (US$M)
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Thailand veterinary imaging market highlights
- The Thailand veterinary imaging market generated a revenue of USD 18.9 million in 2023 and is expected to reach USD 33.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.3% 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 18.9 million |
| Market revenue in 2030 | USD 33.1 million |
| Growth rate | 8.3% (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, Thailand accounted for 1.0% 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 |
|---|
Thailand 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 37.04% in 2023. Horizon Databook has segmented the Thailand 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.
Surging animal disease outbreaks in the country are expected to drive veterinary imaging market growth during the forecast period. Rising prevalence of livestock diseases has resulted in increased demand for imaging solutions in animals for early disease diagnosis and treatment.
Furthermore, expansion of the global footprint in Thailand is boosting sales of veterinary imaging devices. For instance, in February 2023, the healthcare operations of FUJIFILM Healthcare Asia Pacific Pte. Ltd. were expanded in Thailand.
A full lineup of diagnostic imaging and informatics solutions supported by years of experience in advanced medical image analysis and AI was also introduced by the firm as part of its one-stop, total healthcare solution. Due to the expanded diagnostic product selection, veterinarians will be able to identify pets' diseases with more accuracy and efficiency.
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Target buyers of Thailand 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 Thailand veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into Thailand veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand veterinary imaging market size, by product, 2018-2030 (US$M)
Thailand Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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