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Report
Veterinary Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 150 Pages I IMARC Group
The global veterinary imaging market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Veterinary imaging is a non-invasive means of identifying and monitoring diseases and injuries among animals. It relies on X-radiation (ray) imaging/radiography, ultrasonography, computed tomography (CT), magnetic resonance imaging (MRI), and nuclear medicine imaging. It helps establish a standard database of normal anatomical, physiological, and functional parameters that can be used for clinical and research purposes. At present, there is a widespread prevalence of cardiovascular diseases (CVDs) among animals, which is catalyzing the demand for veterinary imaging across the globe.
Veterinary Imaging Market Trends:
At present, there is a considerable increase in the number of pet parents around the world. This, in confluence with rising expenditures on pet health and insurance, represents one of the key factors propelling the growth of the market. Moreover, radiography represents one of the commonly used imaging procedures in veterinary practices as it assists in creating images of bones, foreign objects, and large body cavities and detecting fractures, tumors, injuries, infections, and deformities. This, coupled with the rising number of dogs with orthopedic disorders, is positively influencing the market. Additionally, livestock diseases lead to productivity losses, uncertain food security, loss of income, and negative impacts on human health. As a result, the demand for veterinary imaging is rising around the world. Apart from this, advancements in veterinary MRI technology are enabling the scanning of soft tissue structures before surgery. This, along with the rapid expansion of veterinary hospitals worldwide and the increasing development of portable and battery-powered imaging instruments for point-of-care services, is driving the market. Furthermore, the rising focus on one health approach, which recognizes that the health of humans, animals, and ecosystems are interconnected, is fueling the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global veterinary imaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, animal type, application and end user.
Breakup by Product Type:
Instrument
Reagents
Others
Breakup by Animal Type:
Small Companion Animals
Large Animals
Breakup by Application:
Orthopedics and Traumatology
Oncology
Cardiology
Neurology
Others
Breakup by End User:
Hospitals and Clinics
Reference Laboratories
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Siemens Healthineers AG (Siemens AG).
Key Questions Answered in This Report
1. What was the size of the global veterinary imaging market in 2022?
2. What is the expected growth rate of the global veterinary imaging market during 2023-2028?
3. What are the key factors driving the global veterinary imaging market?
4. What has been the impact of COVID-19 on the global veterinary imaging market?
5. What is the breakup of the global veterinary imaging market based on the product type?
6. What is the breakup of the global veterinary imaging market based on the animal type?
7. What is the breakup of the global veterinary imaging market based on the application?
8. What is the breakup of the global veterinary imaging market based on the end user?
9. What are the key regions in the global veterinary imaging market?
10. Who are the key players/companies in the global veterinary imaging market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Veterinary Imaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Instrument
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Reagents
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Animal Type
7.1 Small Companion Animals
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Large Animals
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Orthopedics and Traumatology
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oncology
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Cardiology
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Neurology
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by End User
9.1 Hospitals and Clinics
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Reference Laboratories
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Agfa-Gevaert N.V. (IG Farben)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Canon Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Carestream Health Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 SWOT Analysis
15.3.4 Draminski S.A.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Esaote SpA
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Fujifilm holdings corp.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Hallmarq Veterinary Imaging
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Heska Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 IDEXX Laboratories Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 IMV Technologies Group
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 MinXray Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Siemens Healthineers AG (Siemens AG)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
Figure 1: Global: Veterinary Imaging Market: Major Drivers and Challenges
Figure 2: Global: Veterinary Imaging Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Veterinary Imaging Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Veterinary Imaging Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Veterinary Imaging Market: Breakup by Animal Type (in %), 2022
Figure 6: Global: Veterinary Imaging Market: Breakup by Application (in %), 2022
Figure 7: Global: Veterinary Imaging Market: Breakup by End User (in %), 2022
Figure 8: Global: Veterinary Imaging Market: Breakup by Region (in %), 2022
Figure 9: Global: Veterinary Imaging (Instrument) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Veterinary Imaging (Instrument) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Veterinary Imaging (Reagents) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Veterinary Imaging (Reagents) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Veterinary Imaging (Other Modality Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Veterinary Imaging (Other Modality Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Veterinary Imaging (Small Companion Animals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Veterinary Imaging (Small Companion Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Veterinary Imaging (Large Animals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Veterinary Imaging (Large Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Veterinary Imaging (Orthopedics and Traumatology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Veterinary Imaging (Orthopedics and Traumatology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Veterinary Imaging (Oncology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Veterinary Imaging (Oncology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Veterinary Imaging (Cardiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Veterinary Imaging (Cardiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Veterinary Imaging (Neurology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Veterinary Imaging (Neurology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Veterinary Imaging (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Veterinary Imaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Veterinary Imaging (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Veterinary Imaging (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Veterinary Imaging (Reference Laboratories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Veterinary Imaging (Reference Laboratories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Veterinary Imaging (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Veterinary Imaging (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Veterinary Imaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Veterinary Imaging Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Veterinary Imaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Veterinary Imaging Industry: SWOT Analysis
Figure 85: Global: Veterinary Imaging Industry: Value Chain Analysis
Figure 86: Global: Veterinary Imaging Industry: Porter's Five Forces Analysis
Table 1: Global: Veterinary Imaging Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Veterinary Imaging Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Veterinary Imaging Market Forecast: Breakup by Animal Type (in Million US$), 2023-2028
Table 4: Global: Veterinary Imaging Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Veterinary Imaging Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Veterinary Imaging Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Veterinary Imaging Market: Competitive Structure
Table 8: Global: Veterinary Imaging Market: Key Players
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