South Korea Veterinary Ultrasound Market Size & Outlook

The veterinary ultrasound market in South Korea is expected to reach a projected revenue of US$ 15.8 million by 2030. A compound annual growth rate of 7.4% is expected of South Korea veterinary ultrasound market from 2024 to 2030.
Revenue, 2023 (US$M)
$9.5
Forecast, 2030 (US$M)
$15.8
CAGR, 2024 - 2030
7.5%
Report Coverage
South Korea

South Korea veterinary ultrasound market, 2018-2030 (US$M)

South

South Korea veterinary ultrasound market highlights

  • The South Korea veterinary ultrasound market generated a revenue of USD 9.5 million in 2023 and is expected to reach USD 15.8 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
  • In terms of segment, equipment was the largest revenue generating solution in 2023.
  • PACS is the most lucrative solution segment registering the fastest growth during the forecast period.

Veterinary ultrasound market data book summary

Market revenue in 2023USD 9.5 million
Market revenue in 2030USD 15.8 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentEquipment
Fastest growing segmentPACS
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment, Accessories/ Consumables, PACS
Key market players worldwideIDEXX Laboratories Inc, FUJIFILM Holdings Corp, Canon Inc, Butterfly Network Inc Ordinary Shares - Class A, Carestream Health - HCIS business, Mindray Medical International, Samsung Electronics Co Ltd, HESKA, MidMark Corporation, Esaote

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.0% of the global veterinary ultrasound 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 ultrasound 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 24.7 million by 2030.

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Veterinary Ultrasound Market Companies

Name Profile # Employees HQ Website

South Korea 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 58.95% in 2023. Horizon Databook has segmented the South Korea veterinary ultrasound market based on equipment, accessories/ consumables, pacs covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Veterinary Ultrasound Solution Outlook (Revenue, USD Million, 2018-2030)
    • Equipment
    • Accessories/ Consumables
    • PACS
  • South Korea Veterinary Ultrasound 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
  • South Korea Veterinary Ultrasound End Use Outlook (Revenue, USD Million, 2018-2030)
    • Veterinary Clinics & Hospitals
    • Other End-Use

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Target buyers of South Korea veterinary ultrasound market databook

  • Our clientele includes a mix of veterinary ultrasound 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 South Korea veterinary ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into South Korea veterinary ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea veterinary ultrasound market size, by solution, 2018-2030 (US$M)

South Korea Veterinary Ultrasound Market Outlook Share, 2023 & 2030 (US$M)

South Korea veterinary ultrasound market size, by solution, 2018-2030 (US$M)

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