Global Veterinary Mri Market Size & Outlook, 2023-2030

The veterinary mri industry worldwide is expected to reach a projected revenue of US$ 313.7 million by 2030. A compound annual growth rate of 7.4% is expected of the worldwide veterinary mri industry from 2024 to 2030.
Revenue, 2023 (US$M)
$189.9
Forecast, 2030 (US$M)
$313.7
CAGR, 2024 - 2030
7.4%
Report Coverage
Worldwide

Global veterinary mri market, 2018-2030 (US$M)

Related Markets

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Global veterinary mri market highlights

  • The global veterinary mri market generated a revenue of USD 189.9 million in 2023 and is expected to reach USD 313.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
  • In terms of segment, equipment accounted for a revenue of USD 101.2 million in 2023.
  • PACS is the most lucrative solution segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 189.9 million
Market revenue in 2030USD 313.7 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentEquipment
Fastest growing segmentPACS
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment, Accessories/ Consumables, PACS

Other key industry trends

  • In terms of revenue, the North America accounted for 51.3% of the global veterinary mri market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 136.1 million by 2030.

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Veterinary MRI Market Scope

Veterinary mri market segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
Germany
France
UK
Italy
Spain
China
Japan
India
Australia
South Korea
Brazil
Mexico
South Africa

Veterinary MRI Market Companies

Name Profile # Employees HQ Website

Global veterinary mri 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 mri market will help companies and investors design strategic landscapes.


Equipment was the largest segment with a revenue share of 53.29% in 2023. Horizon Databook has segmented the Global veterinary mri market based on equipment, accessories/ consumables, pacs covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Veterinary MRI Solution Outlook (Revenue, USD Million, 2018-2030)
    • Equipment
    • Accessories/ Consumables
    • PACS
  • Global Veterinary MRI Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Small Animals
      • End Use
        • Veterinary Hospitals & Clinics
        • Other End-Use
    • Large Animals
      • End Use
        • Veterinary Clinics & Hospitals
        • Other End-Use
  • Global Veterinary MRI End Use Outlook (Revenue, USD Million, 2018-2030)
    • Veterinary Clinics & Hospitals
    • Other End-Use

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Target buyers of Global veterinary mri market databook

  • Our clientele includes a mix of veterinary mri market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary mri market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary mri market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global veterinary mri market size, by regions, 2018-2030 (US$M)

Top 10 countries: Veterinary mri market size, 2023 (US$M)

Global veterinary mri market share, by solution, 2023 & 2030 (%, US$M)

Veterinary mri market: Opportunity assessment by country

Global veterinary mri market, by region, 2023 (US$M)

Global veterinary mri market size, by regions, 2018-2030 (US$M)

Solution 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 86.9 90.8 86.3 90.7 92.6 97.4 102.7 108.6 115.3 122.8 131.4 141.1 152.2 6.6%
Europe 50.0 52.7 50.5 53.6 55.2 58.6 62.4 66.6 71.4 76.7 82.9 89.9 97.9 7.6%
Asia Pacific 15.4 16.6 16.3 17.6 18.5 20.0 21.7 23.6 25.8 28.2 31.0 34.2 37.8 9.5%
Latin America 6.7 7.2 7.0 7.5 7.9 8.5 9.2 9.9 10.8 11.8 12.9 14.2 15.7 9.1%
MEA 4.3 4.6 4.5 4.8 5.1 5.5 5.9 6.4 7.0 7.6 8.3 9.2 10.1 9.2%
Overall 163.2 171.8 164.6 174.3 179.3 189.9 201.8 215.1 230.1 247.1 266.5 288.5 313.7 7.4%

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