Global Veterinary Ultrasound Market Size & Outlook
Global veterinary ultrasound market, 2018-2030 (US$M)
Related Markets
Global veterinary ultrasound market highlights
- The global veterinary ultrasound market generated a revenue of USD 470.3 million in 2023 and is expected to reach USD 731.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, equipment accounted for a revenue of USD 274.3 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, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 470.3 million |
| Market revenue in 2030 | USD 731.1 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | PACS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Accessories/ Consumables, PACS |
Other key industry trends
- In terms of revenue, the North America accounted for 37.8% of the global veterinary ultrasound market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 47.4 million by 2030.
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Veterinary Ultrasound Market Scope
Veterinary Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global veterinary ultrasound 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 ultrasound market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 58.32% in 2023. Horizon Databook has segmented the Global veterinary ultrasound market based on equipment, accessories/ consumables, pacs covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Ultrasound Solution Outlook (Revenue, USD Million, 2018-2030)
- Equipment
- Accessories/ Consumables
- PACS
- Global Veterinary Ultrasound Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Small Animals
- End Use
- Veterinary Hospitals & Clinics
- Other End-Use
- End Use
- Large Animals
- End Use
- Veterinary Clinics & Hospitals
- Other End-Use
- End Use
- Small Animals
- Global Veterinary Ultrasound End Use Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Clinics & Hospitals
- Other End-Use
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Target buyers of Global veterinary ultrasound market databook
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Our clientele includes a mix of veterinary ultrasound 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 global-level data and insights on the Global veterinary ultrasound market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global veterinary ultrasound market size, by regions, 2018-2030 (US$M)
Top 10 countries: Veterinary ultrasound market size, 2023 (US$M)
Global veterinary ultrasound market share, by solution, 2023 & 2030 (%, US$M)
Veterinary ultrasound market: Opportunity assessment by country
Global veterinary ultrasound market, by region, 2023 (US$M)
| Solution | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 152.3 | 159.0 | 155.2 | 162.0 | 169.3 | 177.7 | 187.0 | 197.3 | 208.8 | 221.7 | 236.1 | 252.2 | 270.4 | 6.2% |
| Europe | 119.2 | 124.7 | 122.0 | 127.6 | 133.6 | 140.4 | 147.9 | 156.2 | 165.5 | 175.8 | 187.4 | 200.4 | 215.1 | 6.3% |
| Asia Pacific | 75.5 | 80.4 | 80.0 | 85.1 | 90.7 | 96.1 | 102.2 | 108.9 | 116.5 | 124.9 | 134.3 | 145.0 | 157.0 | 7.3% |
| Latin America | 31.2 | 32.9 | 32.4 | 34.2 | 36.1 | 38.1 | 40.3 | 42.7 | 45.5 | 48.5 | 52.0 | 55.8 | 60.2 | 6.8% |
| MEA | 14.9 | 15.7 | 15.5 | 16.3 | 17.1 | 18.1 | 19.1 | 20.3 | 21.6 | 23.0 | 24.6 | 26.4 | 28.4 | 6.7% |
| Overall | 393.0 | 412.7 | 404.9 | 425.2 | 446.7 | 470.3 | 496.5 | 525.5 | 557.8 | 593.9 | 634.4 | 679.8 | 731.1 | 6.5% |
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