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Veterinary Imaging Market Size

  • Report ID: GMI4067
  • Published Date: Jun 2022
  • Report Format: PDF

Veterinary Imaging Market Size

Veterinary Imaging Market size accounted for over USD 1.6 billion in 2021 and is estimated to grow at a CAGR of 6.3% between 2022 and 2030. Increasing pet population is largely contributing to the overall market growth. Increasing pet adoptions coupled with a rising number of new pet parents is driving the focus on providing quality veterinary care services. This includes periodic health check-ups, early disease detection, optimum treatment as well as faster recovery solutions. This is expected to fuel the veterinary imaging industry demand.

 

An increasing number of accidents involving pets also contribute to the rising demand, thereby augmenting the market expansion. Furthermore, increasing research and development activities to develop efficient instruments based on novel technologies specifically for veterinary applications is also driving the global market growth.
 

Veterinary imaging is field of veterinary medicine that involves collection of medical images of animals in order to diagnose diseases, bone fracture. It identifies problem in bones as well as soft tissues and can assist with detecting nerve damage and dysfunction. Further, it is also identified as one of the powerful tools for tracking recovery progress. Veterinary imaging involves instruments, software as well as consumables/reagents. The veterinary imaging instruments are based on different imaging technologies such as radiography (x-ray), ultrasound, MRI, among others.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global veterinary imaging industry size had crossed USD 1.6 billion in 2021 and is poised to record a CAGR of 6.3% between 2022 and 2030 driven by the fast-growing pet population and the increasing number of new pet parents worldwide.

Veterinary imaging instruments held more than 54% of the veterinary imaging industry proportion in 2021 impelled by the immense popularity of advanced imaging modalities, like digital radiography.

The veterinary imaging industry size from the orthopedics and traumatology application segment is expected to strike a 6.2% CAGR through 2030 owing to the rising burden of fracture treatment, joint luxation, congenital disorders, degenerative disease, and limb deformity in cats and dogs.

The veterinary imaging industry share in North America was valued at over USD 712.1 million in 2021 and will witness expansion with the rise in pet adoption and the growing number of veterinary practitioners in the region.

Veterinary Imaging Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 11
  • Tables & Figures: 379
  • Countries covered: 19
  • Pages: 170
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