Veterinary Imaging Market Overview
As per MRFR analysis, the Veterinary Imaging Market Size was estimated at 2.17 (USD Billion) in 2023.The Veterinary Imaging Market Industry is expected to grow from 2.3(USD Billion) in 2024 to 4.5 (USD Billion) by 2035. The Veterinary Imaging Market CAGR (growth rate) is expected to be around 6.27% during the forecast period (2025-2035).
Key Veterinary Imaging Market Trends Highlighted
The Global Veterinary Imaging Market is currently seeing significant development owing to technological innovations and rising concern for animals. Some of the most crucial market drivers include the increasing supply of sophisticated diagnostic methods in veterinary medicine, because pet owners and livestock breeders are now concerned about the plight of their animals.
This is further worsened by the growing incidence of zoonotic diseases that have made it mandatory to use modern imaging techniques like MRI, CT scans, and Ultrasounds in veterinary practices across the globe. Other Areas that are often overlooked include the use of telemedicine in veterinary diagnostics, which has become popular mainly because of the increased attention on remote service provisions.
There is heightened need for mobile imaging tools that address areas with difficult access in the field of rural veterinary medicine. More recently, there has been a notable shift towards integrating artificial intelligence (AI) and machine learning in imaging systems, making veterinary diagnostics more precise and efficient. This marks yet another agenda towards developing technology innovation in imaging systems and efforts internationally to improve education and training in veterinary diagnostics. Additionally, the cooperation between veterinary clinics and some research institutions seeks to create sophisticated imaging systems in a wider context for the purpose of improving animal healthcare, and in turn, fosters a culture of innovation that advances animal health services.
The evaluated factors along with the emerging trends indicate that the Global Veterinary Imaging Market is becoming increasingly expansive and flexible with the requirements of both the technology and the market.
Veterinary Imaging Market Drivers
Increasing Pet Ownership and Spending
Globally, pet ownership has been on the rise, with an estimated 63% of households owning at least one pet according to the American Pet Products Association. This trend is expected to increase demand for Veterinary Imaging services as pet owners are increasingly willing to spend on advanced healthcare technologies for their pets. The Global Veterinary Imaging Market Industry is benefiting from this shift as spending on veterinary care reaches nearly 30 billion USD annually in the United States alone.
This heightened focus on pet healthcare is driving the demand for diagnostic imaging modalities like ultrasounds, X-rays, and MRIs to ensure early detection of diseases and optimal treatment plans for pets. Such advancements in pet healthcare are supported by leading veterinary institutions and organizations that promote animal welfare, training, and the necessity for advanced imaging techniques, ultimately leading to a healthier pet population globally.
Technological Advancements in Imaging Techniques
The advancement of imaging technologies such as computed tomography (CT) scans, magnetic resonance imaging (MRI), and digital radiography is a significant driver for the Global Veterinary Imaging Market Industry. As these technologies become more accessible, the cost of imaging equipment is declining, making it more feasible for veterinary practices worldwide to invest in state-of-the-art veterinary imaging technologies.
Reports suggest that there has been a cumulative growth of approximately 20% in the adoption of advanced imaging technology in veterinary clinics over the last decade.Organizations like the American Veterinary Medical Association (AVMA) encourage the adoption of such technologies, which enable more accurate diagnoses and improve patient outcomes, thereby fueling further growth in the market.
Rising Incidence of Animal Diseases
There has been a noticeable increase in the prevalence of chronic diseases and conditions affecting pets, such as obesity, diabetes, and various types of cancers. The World Animal Health Organization indicates that these conditions have grown by more than 15% over the last five years. This surge in pet health issues creates a pressing need for effective diagnostic imaging to enhance disease detection and treatment protocols. The Global Veterinary Imaging Market Industry is thereby experiencing growth, as veterinarians are increasingly relying on imaging techniques to diagnose complex medical conditions early.Collaborations with veterinary schools, research institutions, and industry players further emphasize the need to address these health challenges through advanced veterinary imaging solutions.
Veterinary Imaging Market Segment Insights
Veterinary Imaging Market Imaging Modality Insights
The Global Veterinary Imaging Market for Imaging Modality is experiencing robust growth, reflecting a rising demand for advanced diagnostic technologies in veterinary care. As of 2024, the entire market was valued at 2.3 USD Billion and is projected to reach 4.5 USD Billion by 2035, indicating a significant expansion in the industry. Within this market, Imaging Modalities can be categorized into several key technologies, each contributing uniquely to veterinary diagnostics.
The X-ray segment led with the majority holding, valued at 0.627 USD Billion in 2024 and expected to grow to 1.246 USD Billion by 2035.This dominance is attributed to its widespread application in identifying fractures, assessing dental health, and detecting tumors in pets, making it an essential tool in everyday veterinary practice. The Ultrasound segment follows, valued at 0.488 USD Billion in 2024 and anticipated to grow to 0.969 USD Billion by 2035. Its importance lies in its non-invasive nature, allowing for real-time imaging of soft tissues, which is crucial for diagnosing various medical conditions in animals, particularly in gestation and abdominal assessments.
Magnetic Resonance Imaging, although the least valued at 0.348 USD Billion in 2024 and forecasted to reach 0.692 USD Billion by 2035, plays a significant role in providing high-contrast images of soft tissues, especially for neurological evaluations and complex conditions.Computed Tomography is another key player, valued at 0.418 USD Billion in 2024 and expected to grow to 0.831 USD Billion by 2035. This modality is integral in providing detailed cross-sectional images that are critical for accurate diagnoses in complicated cases.
Lastly, Endoscopy also holds a valuation of 0.418 USD Billion in 2024, projected to increase to 0.762 USD Billion by 2035, serving an essential purpose in minimally invasive surgical procedures and internal examinations. Each of these Imaging Modalities plays a vital role in the Global Veterinary Imaging Market, driven by factors such as technological advancements, increasing pet ownership, and a growing awareness regarding animal health.The market is further supported by the rising prevalence of chronic diseases among pets and the need for accurate and earlier diagnosis techniques. Overall, the Global Veterinary Imaging Market is poised for growth, with Imaging Modality serving as a cornerstone for improving animal healthcare outcomes.
Veterinary Imaging Market Animal Type Insights
The Global Veterinary Imaging Market, with a value of 2.3 billion USD in 2024, is undergoing significant growth, driven predominantly by the rising need for advanced imaging technologies in the veterinary sector. Within the market segmentation on Animal Type, Companion Animals constitute a vital sector, reflecting the growing trend of pet ownership and the increasing expenditure on veterinary care. Livestock plays a critical role as well, as effective imaging techniques are essential for ensuring the health and productivity of farm animals.Wild Animals require innovative imaging solutions for conservation efforts and wildlife research, highlighting the importance of advanced veterinary imaging in ecological studies.
Additionally, Research Animals are pivotal in the fields of biomedical research and drug development, requiring precise imaging for accurate results. The diversification in the Animal Type segment showcases its resilience and ability to meet the demands of both pet owners and agricultural stakeholders, emphasizing the importance of research and development in maintaining animal health.Overall, the Global Veterinary Imaging Market statistics indicate a robust trajectory of growth, supported by technological advances and heightened awareness around animal health.
Veterinary Imaging Market End User Insights
The Global Veterinary Imaging Market, valued at approximately 2.3 billion USD in 2024, exhibits significant growth potential within the End User segment, which comprises Veterinary Clinics, Animal Hospitals, Research Institutions, and Diagnostic Laboratories. Each of these categories plays a crucial role in advancing veterinary care and diagnostics. Veterinary Clinics dominate the market as primary care facilities relying heavily on imaging technologies for accurate diagnosis and treatment planning. Animal Hospitals, equipped with advanced imaging systems, handle more complex cases, facilitating better surgical outcomes and overall animal health.
Research Institutions leverage imaging to enhance veterinary research, contributing to innovations in animal diseases and treatments. Diagnostic Laboratories, on the other hand, are essential for providing rapid imaging services that aid disease detection and management. The expected compound annual growth rate of 6.27 from 2025 to 2035 reflects strong market growth driven by increasing pet ownership and the rising demand for advanced diagnostics. As pet health awareness escalates, the need for sophisticated imaging techniques across these segments is expected to lead to significant advancements, supporting the broader Global Veterinary Imaging Market industry.With a comprehensive approach to veterinary health, these end users are central to the evolving landscape of veterinary imaging solutions.
Veterinary Imaging Market Application Insights
The Global Veterinary Imaging Market is increasingly pivotal in enhancing animal healthcare through advanced diagnostic applications. In 2024, the market reached a valuation of 2.3 USD Billion, demonstrating robust growth trends propelled by technological advancements and rising pet ownership. Within this sector, areas such as Oncology and Cardiology have seen significant importance, addressed critical health issues and thereby dominating market focus. Orthopedics and Neurology also play a crucial role in veterinary imaging, as they assist in diagnosing and managing musculoskeletal and neurological conditions prevalent among pets.
Emergency and Critical Care applications elevate the response capabilities in urgent situations, emphasizing the need for precision imaging to facilitate timely interventions. The growth of drivers encompass increasing pet insurance coverage and heightened awareness of animal health, while challenges like cost and access to advanced imaging technologies persist. Overall, the Global Veterinary Imaging Market segmentation reveals a landscape shaped by innovations tailored to specific medical needs, underpinning its vital role in the veterinary healthcare industry.
Veterinary Imaging Market Regional Insights
The Global Veterinary Imaging Market is poised for significant growth, with its valuation expected to reach 2.3 USD Billion in 2024 and 4.5 USD Billion by 2035, showcasing a robust regional market landscape. North America leads this market segment, holding a majority share with a valuation of 1.0 USD Billion in 2024 and projected growth to 2.0 USD Billion by 2035, driven by high pet ownership and advanced veterinary practices.
Europe follows closely with a value of 0.6 USD Billion in 2024, expected to double to 1.2 USD Billion, fueled by increasing investments in veterinary healthcare technology.The APAC region, valued at 0.4 USD Billion in 2024, is anticipated to grow to 0.9 USD Billion, as rising disposable incomes and pet adoption trends boost market presence. South America and the MEA regions hold smaller shares with values of 0.2 USD Billion and 0.1 USD Billion respectively in 2024, indicative of emerging market opportunities. The overall Global Veterinary Imaging Market revenue is supported by trends such as the increasing prevalence of chronic diseases in pets, which drives demand for advanced imaging technology across all regions, creating significant growth potential in an ever-evolving market landscape.
Veterinary Imaging Market Key Players and Competitive Insights
The Global Veterinary Imaging Market has witnessed significant growth and competitive dynamics in recent years, driven by advancements in technology and an increasing focus on animal health. The competitive landscape consists of a variety of players, including established companies and new entrants, all vying for market share through innovation, strategic partnerships, and enhanced customer service. Key market tools such as computed tomography, magnetic resonance imaging, and ultrasound equipment enhance diagnostic efficiency in veterinary practice, leading to improved outcomes for animal patients. Companies are also focused on developing integrated imaging solutions that offer portability and ease of use, thereby enhancing the service quality provided to veterinarians and pet owners alike.
The growing awareness of animal welfare and health is propelling demand, creating a dynamic environment where competition is centered around developing cutting-edge imaging technologies. Heska Corporation has positioned itself as a strong player in the Global Veterinary Imaging Market, focusing on innovative diagnostic solutions tailored for veterinary practices. With a strong reputation for reliability and performance, Heska provides high-quality imaging systems that cater specifically to the needs of veterinarians. The company’s strength lies in its commitment to research and development, allowing it to stay at the forefront of technological advancements.
Moreover, Heska's broad product portfolio encompasses a wide range of imaging solutions that meet various diagnostic needs, reinforcing its presence in the market. The company's proactive approach in maintaining relationships with veterinary professionals and understanding their requirements significantly contributes to its competitive edge, enabling Heska to maintain a strong foothold globally.Scil Animal Care Company has established itself as a notable entity within the Global Veterinary Imaging Market, providing a comprehensive range of diagnostic imaging solutions that enhance veterinary practice operations.
The company specializes in producing portable ultrasound devices, advanced X-ray systems, and other imaging technologies aimed at improving diagnostic accuracy and workflow efficiency for veterinarians globally. Scil’s strengths lie in its extensive distribution network and commitment to customer support, which enable it to reach a broad audience while ensuring excellent service. The company pursues key partnerships and collaborations to enhance its product offerings and expand its market presence, demonstrating a strategic approach towards growth.
Additionally, Scil’s investments in research and development allow it to introduce innovative products catering to the evolving demands of the veterinary imaging sector, further solidifying its position in the global market. Through strategic mergers and acquisitions, Scil has also enhanced its capabilities and broadened its technological expertise, making it a compelling competitor in the veterinary imaging landscape.
Key Companies in the Veterinary Imaging Market Include
- Heska Corporation
- Scil Animal Care Company
- Carestream Health
- Mindray
- Canon Medical Systems
- Boehringer Ingelheim
- Idexx Laboratories
- GE Healthcare
- Fujifilm Holdings
- DRE Veterinary
- Nikon Corporation
- E.I. Medical Imaging
- Siemens Healthineers
- Agfa HealthCare
Veterinary Imaging Market Industry Developments
The Global Veterinary Imaging Market has recently witnessed significant developments, particularly with the increasing adoption of advanced imaging technologies such as MRI, CT scans, and digital radiography among veterinary clinics and animal hospitals. Heska Corporation, Scil Animal Care Company, and Idexx Laboratories have reported notable growth, emphasizing the need for enhanced diagnostic services in veterinary medicine. In September 2023, Canon Medical Systems announced its commitment to expanding its veterinary imaging product line, aiming to meet the growing demand for high-quality imaging solutions.
In terms of mergers and acquisitions, Carestream Health finalized its acquisition of a leading veterinary imaging software company in October 2023 to strengthen its product offerings. Additionally, during the past two to three years, various collaborations such as GE Healthcare joining forces with Boehringer Ingelheim were noted to improve animal health diagnostics and research methodologies. The market has seen a surge in investments directed towards Research and Development to support innovative imaging technologies, which is paving the way for better healthcare options for animals globally. This trend reflects a broader commitment within the veterinary sector to leverage cutting-edge imaging modalities for improved animal care.
Veterinary Imaging Market Segmentation Insights
Veterinary Imaging Market Imaging Modality Outlook
- X-ray
- Ultrasound
- Magnetic Resonance Imaging
- Computed Tomography
- Endoscopy
Veterinary Imaging Market Animal Type Outlook
- Companion Animals
- Livestock
- Wild Animals
- Research Animals
Veterinary Imaging Market End User Outlook
- Veterinary Clinics
- Animal Hospitals
- Research Institutions
- Diagnostic Laboratories
Veterinary Imaging Market Application Outlook
- Oncology
- Cardiology
- Orthopedics
- Neurology
- Emergency and Critical Care
Veterinary Imaging Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric Source: |
Details |
| MARKET SIZE 2023 |
2.17(USD Billion) |
| MARKET SIZE 2024 |
2.3(USD Billion) |
| MARKET SIZE 2035 |
4.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) |
6.27% (2025 - 2035) |
| REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR |
2024 |
| MARKET FORECAST PERIOD |
2025 - 2035 |
| HISTORICAL DATA |
2019 - 2024 |
| MARKET FORECAST UNITS |
USD Billion |
| KEY COMPANIES PROFILED |
Heska Corporation, Scil Animal Care Company, Carestream Health, Mindray, Canon Medical Systems, Boehringer Ingelheim, Idexx Laboratories, GE Healthcare, Fujifilm Holdings, DRE Veterinary, Nikon Corporation, E.I. Medical Imaging, Siemens Healthineers, Agfa HealthCare |
| SEGMENTS COVERED |
Imaging Modality, Animal Type, End User, Application, Regional |
| KEY MARKET OPPORTUNITIES |
Increased pet ownership, Advanced imaging technologies, Rise in veterinary diagnostics, Growing demand for telemedicine, Expansion in emerging markets |
| KEY MARKET DYNAMICS |
Technological advancements, Increasing pet population, Rising veterinary expenditure, Growing awareness of pet health, Expansion of telemedicine services |
| COUNTRIES COVERED |
North America, Europe, APAC, South America, MEA |
Veterinary Imaging Market Highlights:
Frequently Asked Questions (FAQ) :
The Global Veterinary Imaging Market is expected to be valued at 2.3 billion USD in 2024.
By 2035, the Global Veterinary Imaging Market is projected to reach a value of 4.5 billion USD.
The expected CAGR for the Global Veterinary Imaging Market from 2025 to 2035 is 6.27%.
North America is projected to hold the largest market share in the Global Veterinary Imaging Market, valued at 1.0 billion USD in 2024.
The market size for Ultrasound in the Global Veterinary Imaging Market is expected to reach 0.969 billion USD by 2035.
Key players in the Global Veterinary Imaging Market include Heska Corporation, Idexx Laboratories, and GE Healthcare among others.
The market size for Magnetic Resonance Imaging is expected to grow from 0.348 billion USD in 2024 to 0.692 billion USD in 2035.
The anticipated market value for Europe in the Global Veterinary Imaging Market is projected to be 1.2 billion USD by 2035.
Growth opportunities in the Global Veterinary Imaging Market include advancements in imaging technology and rising demand for pet healthcare.
The market value for Endoscopy in the Global Veterinary Imaging Market is expected to reach 0.762 billion USD by 2035.
