Global Veterinary Imaging Market Set to Reach USD 3.2 Billion by 2033

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The global veterinary imaging market size reached USD 2.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.2 Billion by 2033, exhibiting a growth rate (CAGR) of 5.11% during 2025-2033.

The global <a href="https://www.imarcgroup.com/veterinary-imaging-market">veterinary imaging market</a> is experiencing significant growth, driven by increasing pet ownership, rising prevalence of chronic and acute conditions in animals, and ongoing technological advancements. In 2024, the market reached a valuation of USD 2.0 billion and is projected to grow at a compound annual growth rate (CAGR) of 5.11%, reaching USD 3.2 billion by 2033. Factors such as the expanding number of veterinary hospitals and clinics, along with the development of portable and battery-powered imaging instruments, are contributing to this upward trend. Study Assumption Years<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l4 level1 lfo1; tab-stops: list 36.0pt;">Base Year: 2024</li><li class="MsoNormal" style="mso-list: l4 level1 lfo1; tab-stops: list 36.0pt;">Historical Years: 2019–2024</li><li class="MsoNormal" style="mso-list: l4 level1 lfo1; tab-stops: list 36.0pt;">Forecast Years: 2025–2033</li></ul>Veterinary Imaging Market Key Takeaways<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Market Size and Growth: The veterinary imaging market was valued at USD 2.0 billion in 2024 and is expected to reach USD 3.2 billion by 2033, growing at a CAGR of 5.11% during the forecast period.</li><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Dominant Product Type: Instruments hold a clear dominance in the market, driven by increased expenditure on diagnostic procedures and public awareness about animal health.</li><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Leading Animal Type: Small companion animals account for the majority of the market share, attributed to the growing number of such pets and increased awareness among owners regarding their health.</li><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Primary Application Area: Orthopedics and traumatology represent the largest market share, due to the rising prevalence of orthopedic disorders in companion animals.</li><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Major End Users: Hospitals and clinics constitute the majority of the market share, as they invest in advanced imaging systems to meet growing expectations for high-quality veterinary care.</li><li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Regional Leader: North America currently dominates the global market, with a steady increase in pet ownership and demand for advanced veterinary services.</li></ul>Market Growth Factors1. Rising Pet Ownership and Health ExpenditureThe rise in the number of pets worldwide is a major driving force behind the veterinary imaging market. With more families regarding pets as members of their household, there has been a growing trend of investing in their health care. This has resulted in a greater investment in diagnostic tests, including sophisticated imaging equipment. Increased public concern for animal welfare and health has also emerged, leading owners to request diagnostic imaging for disease detection at an early stage. All these factors put together create demand for veterinary imaging equipment.2. Technological Advancements in Imaging ModalitiesTechnological advancements in veterinary imaging technologies are improving diagnostic potential and increasing the market. Technologies like the creation of portable and battery-powered imaging devices enable point-of-care services, increasing the availability of diagnostic imaging. The incorporation of artificial intelligence (AI) into imaging systems enhances the precision and speed of diagnostics. These technologies are making it possible to scan soft tissue structures prior to surgery and are driving the growth of the veterinary imaging market.3. Expansion of Veterinary Hospitals and ClinicsEstablishment and growth of well-equipped veterinary clinics and animal hospitals are driving the demand for sophisticated imaging systems. Pet ownership, particularly in urban regions, continues to rise, fueling demand for high-level veterinary services. This urge compels hospitals and clinics to invest in sophisticated imaging systems such as X-rays, ultrasound, MRI, and CT scanners to keep pace with increasing expectations. In addition, the veterinary industry is experiencing a rapid growth of clinics, specialty hospitals, and multi-disciplinary veterinary chains, which invest in state-of-the-art imaging equipment to offer a wider variety of diagnostic services.Request for a sample copy of this report:  <a href="https://www.imarcgroup.com/veterinary-imaging-market/requestsample">https://www.imarcgroup.com/veterinary-imaging-market/requestsample</a>Market SegmentationBreakup by Product Type:<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l0 level1 lfo3; tab-stops: list 36.0pt;">Instrument: Includes various imaging devices such as X-ray, ultrasound, MRI, and CT scanners used for diagnostic purposes in veterinary care.</li><li class="MsoNormal" style="mso-list: l0 level1 lfo3; tab-stops: list 36.0pt;">Reagents: Comprises contrast agents and other chemicals used to enhance the quality of imaging results.</li><li class="MsoNormal" style="mso-list: l0 level1 lfo3; tab-stops: list 36.0pt;">Others: Encompasses additional products related to veterinary imaging not classified under instruments or reagents.</li></ul>Breakup by Animal Type:<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l2 level1 lfo4; tab-stops: list 36.0pt;">Small Companion Animals: Refers to pets like dogs and cats that are commonly kept for companionship and require regular veterinary care.</li><li class="MsoNormal" style="mso-list: l2 level1 lfo4; tab-stops: list 36.0pt;">Large Animals: Includes livestock and other large animals that are significant in agricultural and commercial contexts.</li></ul>Breakup by Application:<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l3 level1 lfo5; tab-stops: list 36.0pt;">Orthopedics and Traumatology: Focuses on diagnosing and treating musculoskeletal disorders and injuries in animals.</li><li class="MsoNormal" style="mso-list: l3 level1 lfo5; tab-stops: list 36.0pt;">Oncology: Involves the detection and monitoring of tumors and cancers in veterinary patients.</li><li class="MsoNormal" style="mso-list: l3 level1 lfo5; tab-stops: list 36.0pt;">Cardiology: Pertains to the assessment and management of heart-related conditions in animals.</li><li class="MsoNormal" style="mso-list: l3 level1 lfo5; tab-stops: list 36.0pt;">Neurology: Deals with disorders of the nervous system, including the brain and spinal cord, in animals.</li><li class="MsoNormal" style="mso-list: l3 level1 lfo5; tab-stops: list 36.0pt;">Others: Covers additional applications of veterinary imaging not specified above.</li></ul>Breakup by End User:<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l5 level1 lfo6; tab-stops: list 36.0pt;">Hospitals and Clinics: Veterinary facilities providing comprehensive medical services, including diagnostic imaging, for animals.</li><li class="MsoNormal" style="mso-list: l5 level1 lfo6; tab-stops: list 36.0pt;">Reference Laboratories: Specialized labs offering advanced diagnostic services, including imaging, often supporting veterinary practices.</li><li class="MsoNormal" style="mso-list: l5 level1 lfo6; tab-stops: list 36.0pt;">Others: Includes other entities utilizing veterinary imaging services not categorized under hospitals, clinics, or reference laboratories.</li></ul>Breakup by Region:<ul style="margin-top: 0cm;" type="disc"><ul style="margin-top: 0cm;" type="circle"><li class="MsoNormal" style="mso-list: l7 level2 lfo7; tab-stops: list 72.0pt;">North America (United States, Canada)</li><li class="MsoNormal" style="mso-list: l7 level2 lfo7; tab-stops: list 72.0pt;">Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)</li><li class="MsoNormal" style="mso-list: l7 level2 lfo7; tab-stops: list 72.0pt;">Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)</li><li class="MsoNormal" style="mso-list: l7 level2 lfo7; tab-stops: list 72.0pt;">Latin America (Brazil, Mexico, Others)</li><li class="MsoNormal" style="mso-list: l7 level2 lfo7; tab-stops: list 72.0pt;">Middle East and Africa</li></ul></ul>Regional InsightsNorth America is at the forefront of the global veterinary imaging market today due to the steady rise in pet ownership, especially dogs and cats. As more homes treat pets as family members, the need for sophisticated veterinary care, including diagnostic imaging, rises. The growing incidence of age-related conditions in pets also requires the application of sophisticated imaging techniques for proper diagnosis and treatment planning.Recent Developments & NewsThe veterinary imaging market has witnessed several notable developments:<ul style="margin-top: 0cm;" type="disc"><li class="MsoNormal" style="mso-list: l6 level1 lfo8; tab-stops: list 36.0pt;">In July 2024, Virginia Equine Imaging, a renowned equine sports medicine clinic, acquired the cutting-edge Asto CT Equina® Standing CT Scanner, enhancing its diagnostic capabilities.</li><li class="MsoNormal" style="mso-list: l6 level1 lfo8; tab-stops: list 36.0pt;">In May 2024, Esaote North America Inc. unveiled the MyLab™FOX, a versatile and innovative veterinary ultrasound system, setting new standards in imaging quality.</li><li class="MsoNormal" style="mso-list: l6 level1 lfo8; tab-stops: list 36.0pt;">In April 2024, MiREYE Imaging launched its AI-powered veterinary X-ray scanners in the United States, aiming to improve diagnostic accuracy and efficiency in veterinary practices.</li></ul>Key PlayersAgfa-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.Ask Analyst for Customization: <a href="https://www.imarcgroup.com/request?type=report&id=5386&flag=C">https://www.imarcgroup.com/request?type=report&id=5386&flag=C</a>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