The latest report by IMARC Group, titled “Veterinary Imaging Market Report by Product Type (Instrument, Reagents, and Others), Animal Type (Small Companion Animals, Large Animals), Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology, and Others), End User (Hospitals and Clinics, Reference Laboratories, and Others), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the veterinary imaging market share.

Veterinary Imaging Market Overview 2024-2032

The global veterinary imaging market size reached USD 1.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

Veterinary Imaging Industry Trends and Drivers:

1. Growing pet ownership and focus on animal health:

The growing rates of pet ownership and a greater focus on pet health across the globe are major factors boosting the veterinary imaging market share. As pets become integral members of families, their health and well-being are prioritized, leading to higher spending on veterinary care. This trend is particularly strong in developed countries, where pet owners are more willing to invest in advanced diagnostics and treatments. Veterinary imaging technology plays a vital role in accurate diagnosis and treatment, improving outcomes and supporting better long-term care. The rising awareness about preventive healthcare for pets has also contributed to the adoption of imaging services to detect health issues early.

1. Advancements in imaging technology:

The veterinary imaging market trends indicate that advancements in imaging technologies are making advanced diagnostic tools more accessible and effective, propelling industry expansion. Newer imaging modalities, such as digital radiography, ultrasound, MRI, and CT scans, offer enhanced image quality, faster processing, and less invasive diagnostics. These advancements allow for more precise and detailed visualizations of tissues and organs, aiding veterinarians in identifying conditions more accurately and developing appropriate treatment plans. Improved affordability and portability of imaging devices have also expanded their use, enabling smaller clinics and mobile veterinary services to offer these high-quality diagnostic options. This is boosting the overall veterinary imaging demand by broadening its reach and applicability.

1. Increased demand for livestock health management:

The growing emphasis on livestock health for agricultural productivity and food safety is driving the veterinary imaging market size. Healthy livestock ensures consistent and quality output in dairy and meat production, making veterinary imaging an essential tool for farmers and large-scale animal operations. Imaging technology helps in the early detection and monitoring of diseases, improving herd health management and minimizing potential outbreaks that could impact entire populations. Governments and agricultural organizations in various regions are increasingly promoting animal health monitoring programs, further boosting the demand for advanced diagnostic solutions such as imaging systems. This factor is particularly impactful in regions with a strong agricultural base, where maintaining animal health directly affects economic stability.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/veterinary-imaging-market/requestsample

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Agfa-Gevaert N.V. (IG Farben), Canon Inc., Carestream Health Inc., Draminski S.A., Esaote SpA, Fujifilm holdings corp., Hallmarq Veterinary Imaging, Heska Corporation, IDEXX Laboratories Inc., IMV Technologies Group, MinXray Inc., Siemens Healthineers AG (Siemens AG), etc.

Veterinary Imaging Market Report Segmentation:

Breakup By Product Type:

1. Instrument

2. Reagents

3. Others

Instruments account for the majority of shares as they form the core of diagnostic procedures, enabling precise and efficient imaging for better diagnosis and treatment.

Breakup By Animal Type:

1. Small Companion Animals

2. Large Animals

Small companion animals dominate the market due to the high level of care and frequent medical attention they receive from pet owners who prioritize their health.

Breakup By Application:

1. Orthopedics and Traumatology

2. Oncology

3. Cardiology

4. Neurology

5. Others

Orthopedics and traumatology exhibit a clear dominance as musculoskeletal issues and injuries are prevalent in both small and large animals, requiring detailed imaging for diagnosis and treatment.

Breakup By End User:

1. Hospitals and Clinics

2. Reference Laboratories

3. Others

Hospitals and clinics hold the majority of shares as they are primary points of care where advanced diagnostic tools are regularly used for accurate animal health assessments.

Breakup By Region:

1. North America (United States, Canada)

2. Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

3. Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

4. Latin America (Brazil, Mexico, Others)

5. Middle East and Africa

North America holds the leading position owing to a large market for veterinary imaging driven by its strong emphasis on pet healthcare, high pet ownership rates, and well-established veterinary infrastructure.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145