Global Veterinary Imaging Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global veterinary imaging market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). Veterinary imaging is a branch of veterinary medicine that involves obtaining medical images of animals in order to diagnose diseases. Radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and others are used to diagnose diseases in companion animals, large animals, livestock animals, and other animals. The market is expected to grow significantly during the forecast period, owing to an increase in pet adoption, technological advancements in veterinary imaging systems, rising number of veterinary hospitals coupled with an increase in the number of veterinary professionals, and significant rise in animal health expenditure.

The product type segment is classified into three categories, such as instruments, reagents, and others. Instruments are critical in veterinary imaging. Some commonly used instruments for veterinary imaging include stethoscope, anaesthesia machine, microscopes, portable ultrasound scanner, and cauterizing machine. Based on application, the market is segmented into orthopaedics and traumatology, oncology, cardiology, neurology, and others. There is a significant demand for veterinary imaging for orthopaedics and traumatology owing to the increasing prevalence of orthopaedic diseases in animals such as arthritis and Cruciate ligament tears, and the availability of advanced imaging systems for the diagnosis of orthopaedic disease in animals.

Asia-Pacific region offers lucrative opportunities for key players operating in the global veterinary imaging market, owing to the increased awareness of veterinary diagnostics and the growing adoption of companion animals. Furthermore, rising disposable income, improved animal health spending, the increased importance of livestock animals, increased demand for protein-rich animal food, increased meat and dairy product consumption, and an increase in the number of veterinary hospitals with advanced imaging systems are further contributing to the market growth in the region. Other factors, such as the rise in pet ownership and demand for advanced imaging systems, are expected to propel the market growth in the region.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Product Type
  • By Animal Type
  • By Application
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Agfa- Gevaert N.V., Esaote SpA, and Fujifilm Holdings Corp. (Sonosite, Inc.), among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Veterinary Imaging Market Report by Segment

By Product Type

• Instrument
• Reagents
• Others

By Animal Type

• Companion Animals
• Large Animals
• Others

By Application

• Orthopaedics and Traumatology
• Oncology
• Cardiology
• Neurology
• Others

By End-User

• Hospitals and Clinics
• Reference Labs
• Others