Veterinary Imaging Market Poised to Reach New Heights with AI-Driven Diagnostic Advancements by 2031 | Major key players - Fujifilm Holdings, Canon Medical Systems Corporation, Carestream Health.

Market Overview:

The Veterinary Imaging Market is expected to grow at a CAGR of 10.6% during the forecasting period 2024-2031. The Market is growing due to the rising pet ownership, increasing animal health awareness, and advancements in diagnostic imaging technologies such as digital radiography and ultrasound.

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The Veterinary Imaging Market refers to the industry focused on the development, production, and utilization of imaging technologies such as X-ray, ultrasound, MRI, CT scans, and nuclear imaging for diagnosing diseases, monitoring treatments, and guiding surgeries in animals. It supports improved veterinary care, early disease detection, and enhanced clinical outcomes across companion and livestock animals.

Industry Recent Developments: United States

✅ August 2025: The U.S. veterinary imaging market is growing steadily, driven by rising pet ownership, increasing pet healthcare expenditure, and advancements in diagnostic imaging technologies such as digital radiography, ultrasound, and MRI. There is also a growing adoption of portable imaging devices and cloud-based imaging platforms enhancing diagnostic access in rural and mobile veterinary practices. The market is expected to expand with investment in AI-powered image analysis tools and broader insurance coverage for pet diagnostics.

✅ September 2025: The U.S. market is experiencing growth due to technological innovations including AI integration, 3D imaging, and portable devices that improve diagnostic precision and operational efficiency. Expansion of veterinary specialty hospitals and diagnostic centers is fueling demand for high-end imaging solutions. High costs and regulatory challenges remain but are prompting interest in teleradiology and AI decision support.

✅ October 2025: The U.S. veterinary imaging equipment market is projected to grow due to increasing pet ownership and the humanization of pets, leading owners to seek comprehensive diagnostic options. Industry innovations, including AI-powered image analysis and portable devices, are enhancing diagnostic capabilities. Collaboration between manufacturers and veterinary hospitals is increasing to upgrade facilities with advanced diagnostic equipment.

Industry Recent Developments: Japan

✅ August 2025: The Japan veterinary imaging market is witnessing steady growth driven by the adoption of advanced imaging technologies such as X-ray systems, ultrasound, MRI, and CT scanners. The market is propelled by increasing pet ownership, demand for quality veterinary care, and awareness of early disease detection. Portable and handheld imaging devices are gaining popularity for convenience and efficiency.

✅ September 2025: There is a rise in demand for minimally invasive diagnostic procedures in Japan, with pet owners favoring imaging modalities that reduce stress and recovery time, such as advanced ultrasound, endoscopy, and low-dose CT scans. The integration of teleradiology and remote diagnostic services is growing, improving access to expert radiologists especially in rural areas. Preventive care and early disease detection are boosting routine imaging services.

✅ October 2025: The Japan veterinary diagnostic imaging market is poised for dynamic growth driven by pet humanization, technological advancements in AI and machine learning for image interpretation, and the adoption of high-end imaging equipment like ultrasound, CT, and MRI machines. There is a strategic focus on digital imaging workflows, AI-powered diagnostic software, and tele-radiology services to enhance diagnostic accuracy and efficiency.

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FDA Approvals / Clearances (2025):

✅ Siemens Healthineers - Magnetom Flow.Ace (1.5T MRI): received FDA clearance in 2025 and the vendor explicitly notes the system will be marketed for both human and veterinary imaging (a commercially important clearance because it brings a helium-efficient, AI-enabled 1.5T MRI into the veterinary channel).

✅ FDA draft guidance for optical-imaging agents (Jan 7, 2025): FDA published draft guidance for developing drugs used with imaging devices (optical imaging agents). That guidance affects companion diagnostics and intraoperative imaging agents that may be used in veterinary research and translational workflows.

✅ Regulatory reality for animal devices: FDA guidance/pages in 2025 reiterate that the FDA does have oversight of animal devices but that traditional human device premarket pathways (510(k)/PMA) are not always required for devices intended solely for animal use - an important regulatory nuance for manufacturers deciding whether to seek human-device clearances vs. market directly into veterinary channels.

Major Mergers & Acquisitions in 2025:

✅ Private-equity consolidation in veterinary care chains: large PE deals continued to reshape veterinary services in 2025 - e.g., the deal combining major clinic groups (Southern Veterinary Partners and Mission Veterinary Partners) backed by Silver Lake & Shore Capital created a very large care network. This consolidation increases procurement scale and is likely to accelerate adoption of higher-end imaging (CT/MRI/ultrasound/PACS) across consolidated clinic networks.

✅ IMV Technologies - active consolidator / portfolio moves: IMV (a major player in veterinary imaging product lines) continued corporate activity (recent acquisitions in prior years and leadership changes in 2025), showing continued sector consolidation among imaging-equipment suppliers and distributors that sell to veterinary practices. (IMV's acquisitions in adjacent years remain a material influence on market structure.)

✅ Broader trend: 2025 saw continued smaller strategic tuck-ins and distributor acquisitions (regional veterinary imaging dealers and service companies), rather than a single wave of blockbuster imaging-vendor M&A. Market reports through 2025 emphasize ongoing consolidation as a defining theme.

Regulatory / Standards Activity (EU, EMA, and device policy):

✅ EMA / EU regulatory science documents (2025 workstreams): EMA and EU regulatory-science updates in and around 2025 continued to highlight animal-health regulatory priorities (One Health, digital tools, and clearer regulatory science needs for veterinary medicines and diagnostics) - relevant for vendors pursuing CE/EMA-related pathways or cross-border veterinary distribution.

✅ AI / software medical device guidance: FDA's ongoing publications on AI/ML-enabled devices and imaging-tool lists (2025) affect how vendors position AI image-analysis software for veterinary applications - many vendors adopt human-device approaches first, then apply the same tech to veterinary customers.

Major Key Players:

Fujifilm Holdings
Canon Medical Systems Corporation
Carestream Health
Epica Animal Health
Esaote SPA
Hallmarq Veterinary Imaging
IDEXX Laboratories Inc.
IMV Imaging, and Sound
GE Healthcare
Konica Minolta Inc.

Segments Covered in the Veterinary Imaging Market:

By Equipment: Radiography (X-ray) Systems, Ultrasound Imaging Systems, Computed Tomography Imaging Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Other.

By Application: Cardiology, Oncology, Neurology, Orthopedics, Others.

By End User: Veterinary Hospitals & Clinics, Diagnostic Centre, Other.

Regional Analysis for Veterinary Imaging Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Veterinary Imaging market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Veterinary Imaging Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Veterinary Imaging market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Veterinary Imaging Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Veterinary Imaging market?

➠ Who are the global key manufacturers of the Veterinary Imaging Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Veterinary Imaging market opportunities and threats faced by the vendors in the global Veterinary Imaging Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Veterinary Imaging market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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