Press release
Unprecedented Growth Propelled by Technological Innovations and Increasing Demand in Veterinary Imaging Market
Veterinary Imaging Market Size
What Is The Projected Market Size Of The Global Veterinary Imaging Market And Its Growth Rate?
• The market size leaped from $1.87 billion in 2024 to $2.02 billion in 2025 showcasing a significant CAGR of 7.8%.
• Rising pet ownership with advancements in veterinary care is boosting the market.
• The veterinary imaging market is projected to further grow to $2.74 billion by 2029 at a CAGR of 8.0%.
• Growth is attributed to the rising focus on preventive veterinary care, specialty veterinary services, technological integration in veterinary practices, and increasing awareness of zoonotic diseases.
What Is Driving The Growth In The Veterinary Imaging Market?
Increased demand for meat and dairy products is propelling the growth of the veterinary imaging market. Veterinary imaging plays a vital role in ensuring the health and well-being of livestock animals, which are used for meat and dairy production. The OECD-FAO Agricultural Outlook 2022-2031 projects that global meat production will reach 377 million tons by 2023, substantiating the booming demand for veterinary imaging.
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Who Are The Key Players Driving Veterinary Imaging Market Growth?
• Agfa-Gevaert N.V.
• Canon Inc.
• Carestream Health
• Draminski S.A.
• E.I. Medical Imaging
• Esaote S.P.A.
• Fujifilm Holdings Corporation
• GE Healthcare
• Heska Corporation
• IDEXX Laboratories Inc.
• (several other companies)
What Are The Key Trends In The Veterinary Imaging Market?
• Customization for different animal species
• Introduction of 4D imaging technology
• Enhancements in ultrasound technology
• Increased use of digital radiography
• Application of veterinary imaging in research
What Are The Segments Of The Global Veterinary Imaging Market?
• By Product: Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents
• By Animal Type: Small Companion Animals, Large Animals
• By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology
• By End-Use: Veterinary Clinics And Hospitals, Other End-Uses
Which Region Leads The Veterinary Imaging Market?
North America, as of 2024, led the veterinary imaging market due to a high pet population and advanced veterinary healthcare facilities. Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East and, Africa also show significant market potential in the global veterinary imaging landscape.
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What Is Covered In The Veterinary Imaging Market Global Market Report?
- Market Size Analysis: Analyze the Veterinary Imaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Veterinary Imaging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Veterinary Imaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Veterinary Imaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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