The global veterinary imaging market size accounted for USD 2,275 million in 2024 and is expected to exceed around USD 4,351 million by 2034, growing at a CAGR of 6.7% from 2024 to 2034.
The veterinary imaging market is expected to grow in the coming years, due to the rising demand for using innovative diagnostic equipment in veterinary medicine. Imaging in veterinary medicine involves the use of X-ray, ultrasound, MRI, and CT scans in the diagnosis of some of the diseases that affect both companion animals and livestock. The increasing incidence of corporeal diseases and the increasing interest in animal insurance force veterinarians to use modern diagnostic tools. Moreover, investments in early and accurate diagnostic imaging for better treatment results are expected to drive the growth of veterinary imaging systems across the world.
Specific trends influencing the emergence of the veterinary imaging market include technological growth in imaging equipment. This includes portable and wireless imaging devices, variable image modes that focus on 3D animal imaging, and AI devices for diagnosing animal ailments. Additionally, there is increased application of cloud-based systems in the storage and sharing of imaging data to enhance communication between veterinarians besides improving the flow of work. The market leaders, including IDEXX Laboratories, Canon Medical Systems, and Heska Corporation, are setting up the precedent for innovation in imaging solutions designed specifically for use in the veterinary industry.
North America continues to lead the veterinary imaging market, owing to the favorable market structures, strict policies in pet healthcare, high pet ownership, and increasing spending on animal healthcare. The Asia-Pacific region is expected to grow at a significant rate owing to improving awareness of animal health, increased livestock farming, and rising trends for pet ownership in Asian countries, such as India and China. Additionally, increasing government support in the development of veterinary, the increasing concern towards quality healthcare, and increased access to superior diagnostic techniques in emerging regions are likely to propel the market.
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| Stats ID: | 7468 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7468 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
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