UK Veterinary Imaging Market Size & Outlook, 2023-2030
UK veterinary imaging market, 2018-2030 (US$M)
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UK veterinary imaging market highlights
- The UK veterinary imaging market generated a revenue of USD 124.9 million in 2023 and is expected to reach USD 184.9 million by 2030.
- The UK market is expected to grow at a CAGR of 5.8% 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.
Veterinary imaging market data book summary
| Market revenue in 2023 | USD 124.9 million |
| Market revenue in 2030 | USD 184.9 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | CT Imaging |
| 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, UK accounted for 6.8% 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 |
|---|
UK 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 37.55% in 2023. Horizon Databook has segmented the UK 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.
According to an article published by Pet Keen in June 2023, there are 34 million pets in the UK, with dogs & cats accounting for the highest proportion. With the growing pet adoption rate, the prevalence of illnesses and burden of osteoarthritis in dogs is growing in the country.
The existence of major companies like Hallmarq Veterinary Imaging is also aiding the market's expansion. For instance, Hallmarq introduced the Standing Leg CT (slCT) system in March 2021 after working with its clinical trial sites in the UK to image horses effectively.
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Target buyers of UK 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 UK veterinary imaging market, including forecasts for subscribers. This country databook contains high-level insights into UK veterinary imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK veterinary imaging market size, by product, 2018-2030 (US$M)
UK Veterinary Imaging Market Share, 2023 & 2030 (US$M)
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