Emerging Trends Influencing The Growth Of The Veterinary Imaging Market:Revolutionizing Veterinary Diagnostics With Introduction Of Zero-Helium Small Animal Mri Technology

The Veterinary Imaging Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Veterinary Imaging Market?
In recent times, the veterinary imaging market has experienced significant growth. It is projected to expand from a size of $1.87 billion in 2024 to $2.02 billion in 2025, marking a compound annual growth rate (CAGR) of 7.8%. This steady advance during the historic period is primarily due to factors such as a surge in pet adoption, progress in veterinary care, the rise in incidence of veterinary diseases, increased humanization of pets, and the expansion of the companion animal industry.

In the upcoming years, the veterinary imaging market is projected to experience substantial growth, reaching $2.74 billion in 2029 with a compound annual growth rate (CAGR) of 8.0%. The growth during this forecast period can be credited to increased emphasis on preventive veterinary care, the growth of specialty veterinary services, worldwide expansion of veterinary services, incorporation of technology in veterinary procedures, and improved awareness about zoonotic diseases. The key trends to look for in this forecast period include tailored solutions for different animal species, the introduction of 4D imaging technology, advancements in ultrasound technology, greater use of digital radiography, and the use of veterinary imaging in scientific research.

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What Are the Emerging Segments Within the Veterinary Imaging Market?
The veterinary imaging market covered in this report is segmented -

1) By Product: Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents
2) By Animal Type: Small Companion Animals, Large Animals
3) By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology
4) By End-Use: Veterinary Clinics And Hospitals, Other End-Uses

Subsegments:
1) By Veterinary Imaging Instruments: X-Ray Machines, Ultrasound Machines, MRI Machines, CT Scanners, Endoscopes
2) By Veterinary Software: Imaging Software, Practice Management Software, Radiology Information Systems (RIS), Picture Archiving And Communication Systems (PACS)
3) By Veterinary Imaging Reagents: Contrast Agents, Radiopharmaceuticals, Ultrasound Contrast Agents

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What Long-Term Drivers Are Shaping Veterinary Imaging Market Trends?
The veterinary imaging market is poised for growth, driven by escalating demand for meat and dairy products. These products are derived from animals such as beef cattle, pigs, poultry, and dairy herds, to name a few. The role of veterinary imaging is vital in maintaining the health and welfare of these livestock animals that contribute to meat and dairy production. To illustrate, predictions by the Organization for Economic Co-operation and Development in the OECD-FAO Agricultural Outlook 2022-2031 suggest that worldwide meat production could hit 377 million tons in 2023. As such, the surge in demand for animal-based food products is fuelling the expansion of the veterinary imaging market.

Who Are the Top Competitors in Key Veterinary Imaging Market Segments?
Major companies operating in the veterinary imaging market include 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., Konica Minolta Inc., MinXray Inc., Clarius Mobile Health, Shenzhen Ricso Technology Co. Ltd., ClearVet Digital Radiography Systems, Mindray Medical International Limited, Siemens Healthineers, Samsung Electronics Co. Ltd., IMV imaging, Epica Animal Health, Hallmarq Veterinary Imaging, Hitachi Ltd., NeuroLogica Corp., Oncovision, PerkinElmer Inc., Planmed Oy, Sedecal Veterinary, Shantou Institute of Ultrasonic Instruments Co. Ltd, Shimadzu Corporation, Sonoscape Medical Corp., Toshiba Medical Systems Corporation, Trixell, Varex Imaging Corporation, Vetel Diagnostics, VetRocket LLC, Vieworks Co. Ltd., Xoran Technologies LLC, Ziehm Imaging GmbH

What Veterinary Imaging Market Trends Are Gaining Traction Across Different Segments?
Significant players in the veterinary market like Hallmarq Veterinary Imaging are pioneering new technologies, such as the zero-helium small animal 1.5T MRI, to improve the disease diagnosis process in animals. This innovative machine utilizes a conduction-based cooling system in a high vacuum environment, which removes the necessity for helium, a quench pipe, an oxygen monitor, a traditional external chiller, or extra power. For instance, Hallmarq Veterinary Imaging, a UK-based diagnostic imaging service provider, launched the Zero-helium small animal 1.5T MRI in April 2023. This particular machine is engineered to broaden the availability of diagnostic care for small animals, while also minimizing financial, environmental, and supply chain risks linked to conventional helium-based MRI systems. It marks a crucial evolutionary step from Hallmarq's earlier systems, amalgamating the proven effectiveness of prior machines with a more environmentally friendly cooling system.

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Which Regions Are Becoming Hubs for Veterinary Imaging Market Innovation?
North America was the largest region in the veterinary imaging market in 2024. The regions covered in the veterinary imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Veterinary Imaging Market?
2. What is the CAGR expected in the Veterinary Imaging Market?
3. What Are the Key Innovations Transforming the Veterinary Imaging Industry?
4. Which Region Is Leading the Veterinary Imaging Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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