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Expanding Livestock Populations Fueling The Veterinary Imaging Equipment Market: Key Factor Driving The Growth In The Veterinary Imaging Equipment Market

05-15-2025 09:26 AM CET | Health & Medicine

Press release from: The Business Research Company

Veterinary Imaging Equipment

Veterinary Imaging Equipment

The Veterinary Imaging Equipment 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].

How Big Is the Veterinary Imaging Equipment Market Size Expected to Be by 2034?
The market for veterinary imaging equipment has seen significant expansion in the recent past. The market is projected to grow from a value of $1.99 billion in 2024 to $2.1 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to the growth during the historic phase include a surge in pet ownership, the occurrence of veterinary illnesses, the growth of veterinary services, a rise in spending on animal health, and heightened awareness and education.

The market size for veterinary imaging equipment is projected to experience substantial growth over the next few years. It's anticipated to reach $2.76 billion in 2029, with a compound annual growth rate (CAGR) of 7.0%. This growth during the forecast period can be attributed to an increased need for specialized veterinary services, telemedicine and remote imaging, global expansion of veterinary services, emphasis on preventive care, and the rise in veterinary imaging research. Key trends during this period include the enhancement of imaging technologies, heightened attention towards point-of-care imaging, the inclusion of artificial intelligence (AI), specific imaging for exotic animals, and telemedicine and remote imaging consultations.

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

1) By Type: Radiography (X-Ray) System, Ultrasound Imaging System, Computed Tomography Imaging System, Video Endoscopy Imaging System, Magnetic Resonance Imaging System, Other Types
2) By Animal Type: Small Companion Animals, Large Animals, Other Animal Types
3) By Modality: Portable, Stationery
4) By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology, Other Applications
5) By End User: Veterinary Hospitals, Veterinary Clinics, Academic And Research Organizations, Other End Users

Subsegments:
1) By Radiography (X-Ray) System: Digital X-Ray Systems, Portable X-Ray Systems, Analog X-Ray Systems
2) By Ultrasound Imaging System: 2D Ultrasound Systems, 3D/4D Ultrasound Systems, Doppler Ultrasound Systems
3) By Computed Tomography Imaging System: Standard CT Scanners, Cone Beam CT Scanners
4) By Video Endoscopy Imaging System: Rigid Endoscopes, Flexible Endoscopes, Video Bronchoscopy Systems
5) By Magnetic Resonance Imaging System: Open MRI Systems, Closed MRI Systems
6) By Other Types: Fluoroscopy Systems, Nuclear Medicine Imaging Systems, Thermography Systems



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What Long-Term Drivers Are Shaping Veterinary Imaging Equipment Market Trends?
The prospective growth in livestock numbers is predicted to heighten the requirement for veterinary imaging equipment in the market. The increase in the livestock numbers and their relevant diseases is anticipated to influence the need for veterinary medical apparatus, for example, veterinary imaging equipment, to discern and cure numerous diseases in animals. The Food and Agriculture Organization of the United Nations has reported that the worldwide cattle numbers are forecasted to rise to 2.6 billion by 2050 while the global count of goats and sheep is anticipated to attain 2.7 billion by 2050's conclusion. Hence, the expansion in livestock numbers is foreseen to enhance the need for veterinary imaging equipment during the upcoming period.

Who Are the Top Competitors in Key Veterinary Imaging Equipment Market Segments?
Major companies operating in the veterinary imaging equipment market include Siemens AG, General Electric HealTH*Care, Canon Inc., Toshiba Corp., Fujifilm Holdings Corporation, Covetrus Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Mindray Medical International Limited, IDEXX Laboratories Inc., Agfa-Gevaert N.V., Carestream Health Inc., Midmark Corporation, Esaote S.P.A, Sedecal USA Inc., Chison Medical Imaging Co.Ltd., Digicare Biomedical Technology Inc., DRE Veterinary Inc., Vetland Medical Sales and Services LLC, Hallmarq Veterinary Imaging Ltd., MinXray Inc., Diagnostic Imaging Systems Inc., BCF Technology Ltd., Vetronic Services Ltd.


What Veterinary Imaging Equipment Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the veterinary imaging equipment market are concentrating on introducing portable or wireless devices, a critical trend anticipated to pave the way for efficient veterinary technologies. For example, Planmed, a designer and manufacturer of imaging systems based in Finland, brought in the Planmed Verity VET in September 2022. This high-resolution CT scanner has been specifically designed for veterinary 3D imaging and is a standalone cone beam CT scanner. It generates incredibly detailed 3D images of an animal's skeletal structures, such as the teeth, skull, and limbs, in submillimeter resolution. The pinpoint accuracy of these volumetric images supports consistently correct diagnosis and treatment planning. The small-sized, portable Planmed Verity VET scanner improves access to 3D imaging when required, allowing it to be brought directly to the patient.

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Which Regions Are Becoming Hubs for Veterinary Imaging Equipment Market Innovation?
North America was the largest region in the veterinary imaging equipment market in 2024. Asia-Pacific was the second-largest region in the global veterinary imaging equipment market share. The regions covered in the veterinary imaging equipment 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 Equipment Market?
2. What is the CAGR expected in the Veterinary Imaging Equipment Market?
3. What Are the Key Innovations Transforming the Veterinary Imaging Equipment Industry?
4. Which Region Is Leading the Veterinary Imaging Equipment 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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