Product Code: GVR-2-68038-020-0
Veterinary Imaging Market Growth & Trends:
The global veterinary imaging market size is estimated to reach USD 3.87 billion by 2033, expanding at a CAGR of 7.17% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market growth can be attributed to the rising penetration of diagnostic imaging technology in therapeutic applications in pets and livestock animals. Moreover, rising pet ownership and humanization, rising incidence of zoonotic disease in animals, increased focus on preventive healthcare, advancements in technology, and rising awareness and education.
The increasing trend of pet humanization and ownership across different countries has led to a rise in pet insurance enrollment rates across the globe. Radiography is one of the most common diagnostic tests covered by pet insurance. Thus, growing adoption of pet insurance and increasing awareness of the various diagnostic & treatment options available for pets are some of the factors driving the market growth. For instance, as per North American Pet Health Insurance Association (NAPHIA) data published in 2023, the overall number of pets insured by the end of 2023 in the U.S. was 5.36 million. This reflects an increase in several diagnostic imaging performed on pets in veterinary hospitals across the U.S.
In addition, an increase in product launches for small animal diagnostic imaging is expected to drive the segment growth. For instance, in June 2023, Sunset Vet introduced the first Veterinary Computed Tomography (CT) service in Indonesia, aiming to revolutionize small animal veterinary imaging. With advanced technology, including high-resolution imaging and rapid, noninvasive procedures, Sunset Vet offers precise diagnoses and tailored treatment plans. Similarly, in June 2023, iCRco, Inc. installed its CLARIS V Cone Beam Computed Tomography (CBCT) imaging device at the Santa Barbara Zoo, marking its 4th anniversary. This advanced technology facilitates precise 3D imaging of exotic animals, enhancing veterinary care through noninvasive and efficient diagnosis. The collaboration underscores the zoo's commitment to leveraging cutting-edge veterinary imaging solutions for the welfare of small animals.
Veterinary Imaging Market Report Highlights:
- In terms of product, the X-ray segment held the largest revenue share of 37.84% in 2024. X-ray is one of the most common diagnostic tests covered by pet insurance. Thus, rising pet insurance adoption and increased awareness of the various radiographic imaging solutions available for pets are contributing to segment growth.
- In 2024, the small animals segment accounted for the largest share of the market by animal type and is expected to witness the fastest CAGR over the forecast period due to an increase in pet population, growing adoption of pet insurance, and increasing product launches.
- Based on solution, the equipment segment dominated the global market with a share of 55.87% in 2024. On the other hand, the PACS segment is expected to witness the fastest CAGR over the forecast period.
- Based on application, the Orthopedics and Traumatology segment dominated the global market with a share of 37.91% in 2024. On the other hand, the oncology segment is expected to witness the fastest CAGR over the forecast period.
- Based on end use, the veterinary hospitals & clinics segment dominated the global market with a share of 59.16% in 2024 and is expected to witness the fastest CAGR over the forecast period.
- The North America region dominated the global market with a share of 39.28% in 2043. North America has a highly developed veterinary healthcare infrastructure with numerous clinics, hospitals, and specialty centers equipped with advanced diagnostic and treatment capabilities. This advanced infrastructure enables veterinarians to diagnose and manage conditions like joint diseases (such as osteoarthritis) and ligament injuries in animals more effectively, leading to a higher demand for veterinary imaging.
- Asia Pacific is expected to witness the fastest CAGR over the forecast period due to growing pet ownership rates, increasing awareness of veterinary imaging services, and growing strategic activities between key players to expand geographic footprints.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Primary Research
- 1.4. Information/Data Analysis
- 1.5. Market Formulation & Visualization
- 1.6. Data Validation & Publishing
- 1.7. Model Details
- 1.7.1. Commodity flow analysis
- 1.7.2. Global Market: CAGR Calculation
- 1.8. List of Secondary Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Veterinary Imaging Market Variable Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market
- 3.1.2. Ancillary Market
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing prevalence of chronic diseases
- 3.2.1.2. Technological advancements in imaging
- 3.2.1.3. Rising pet population and pet humanization
- 3.2.1.4. Strategic Initiative by Key Players
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. High Cost of Imaging Equipment and Services
- 3.2.2.2. Shortage of Skilled Professionals
- 3.2.3. Market Opportunity Analysis
- 3.2.4. Market Challenge Analysis
- 3.3. Veterinary Imaging Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of suppliers
- 3.3.1.2. Bargaining power of buyers
- 3.3.1.3. Threat of substitution
- 3.3.1.4. Threat of new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political & Legal landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Environmental landscape
- 3.3.3. Regulatory Framework
- 3.3.4. Pricing Analysis
- 3.3.5. Pet ownership Demographics
- 3.3.6. Estimated Animal Population by key countries, key species, 2024
Chapter 4. Veterinary Imaging Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Veterinary Imaging Market: Product Movement Analysis
- 4.3. Veterinary Imaging Market Size & Trend Analysis, by product, 2021 to 2033 (USD Million)
- 4.4. Equipment
- 4.4.1. Equipment Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 4.5. Accessories/ Consumables
- 4.5.1. Accessories/ Consumables Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 4.6. Software
- 4.6.1. Software Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 5. Veterinary Imaging Market: Animal Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Veterinary Imaging Market: Animal type Movement Analysis
- 5.3. Veterinary Imaging Market Size & Trend Analysis, by animal type, 2021 to 2033 (USD Million)
- 5.4. Small Animals
- 5.4.1. Small Animals Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 5.5. Large Animals
- 5.5.1. Large Animals Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 6. Veterinary Imaging Market: Type Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Veterinary Imaging Market: Type Movement Analysis
- 6.3. Veterinary Imaging Market Size & Trend Analysis, by Type, 2021 to 2033 (USD Million)
- 6.4. X-ray
- 6.4.1. X-ray Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 6.5. Ultrasound
- 6.5.1. Ultrasound Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 6.6. MRI
- 6.6.1. MRI Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 6.7. CT Imaging
- 6.7.1. CT Imaging Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 6.8. Video Endoscopy
- 6.8.1. Video Endoscopy Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 7. Veterinary Imaging Market: By Application Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Veterinary Imaging Market: By Application Movement Analysis
- 7.3. Veterinary Imaging Market Size & Trend Analysis, by product, 2021 to 2033 (USD Million)
- 7.3.1. Orthopedics and Traumatology
- 7.3.1.1. Orthopedics and Traumatology Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.2. Oncology
- 7.3.2.1. Oncology Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.3. Cardiology
- 7.3.3.1. Cardiology Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.4. Neurology
- 7.3.4.1. Neurology Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.5. Respiratory
- 7.3.5.1. Respiratory Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.6. Dental Applications
- 7.3.6.1. Dental Applications Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 7.3.7. Others
- 7.3.7.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 8. Veterinary Imaging Market: By Modality Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Veterinary Imaging Market: By Modality Movement Analysis
- 8.3. Veterinary Imaging Market Size & Trend Analysis, by Modality, 2021 to 2033 (USD Million)
- 8.3.1. Fixed
- 8.3.1.1. Fixed Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 8.3.2. Portable
- 8.3.2.1. Portable Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 9. Veterinary Imaging Market: By End Use Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Veterinary Imaging Market: By End Use Movement Analysis
- 9.3. Veterinary Imaging Market Size & Trend Analysis, by End use, 2021 to 2033 (USD Million)
- 9.3.1. Veterinary Hospitals and Clinics
- 9.3.1.1. Veterinary Hospitals and Clinics Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 9.3.2. Specialty Imaging Centers
- 9.3.2.1. Specialty Imaging Centers Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
- 9.3.3. Others
- 9.3.3.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
Chapter 10. Veterinary Imaging Market: Regional Estimates & Trend Analysis
- 10.1. Regional Dashboard
- 10.2. Veterinary Imaging Market Share, By Region, 2024 & 2033, USD Million
- 10.3. Regional Outlook
- 10.4. North America
- 10.4.1. North America Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.4.2. U.S.
- 10.4.2.1. Key Country Dynamics
- 10.4.2.2. U.S. Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.4.3. Canada
- 10.4.3.1. Key Country Dynamics
- 10.4.3.2. Canada Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.4.4. Mexico
- 10.4.4.1. Key Country Dynamics
- 10.4.4.2. Mexico Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5. Europe
- 10.5.1. Europe Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.2. UK
- 10.5.2.1. Key Country Dynamics
- 10.5.2.2. UK Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.3. Germany
- 10.5.3.1. Key Country Dynamics
- 10.5.3.2. Germany Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.4. France
- 10.5.4.1. Key Country Dynamics
- 10.5.4.2. France Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.5. Italy
- 10.5.5.1. Key Country Dynamics
- 10.5.5.2. Italy Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.6. Spain
- 10.5.6.1. Key Country Dynamics
- 10.5.6.2. Spain Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.7. Denmark
- 10.5.7.1. Key Country Dynamics
- 10.5.7.2. Denmark Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.8. Sweden
- 10.5.8.1. Key Country Dynamics
- 10.5.8.2. Sweden Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.5.9. Norway
- 10.5.9.1. Key Country Dynamics
- 10.5.9.2. Norway Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6. Asia Pacific
- 10.6.1. Asia Pacific Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.2. Japan
- 10.6.2.1. Key Country Dynamics
- 10.6.2.2. Japan Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.3. China
- 10.6.3.1. Key Country Dynamics
- 10.6.3.2. China Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.4. India
- 10.6.4.1. Key Country Dynamics
- 10.6.4.2. India Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.5. Australia
- 10.6.5.1. Key Country Dynamics
- 10.6.5.2. Australia Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.6. South Korea
- 10.6.6.1. Key Country Dynamics
- 10.6.6.2. South Korea Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.6.7. Thailand
- 10.6.7.1. Key Country Dynamics
- 10.6.7.2. Thailand Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.7. Latin America
- 10.7.1. Latin America Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.7.2. Brazil
- 10.7.2.1. Key Country Dynamics
- 10.7.2.2. Brazil Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.7.3. Argentina
- 10.7.3.1. Key Country Dynamics
- 10.7.3.2. Argentina Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.8. Middle East & Africa
- 10.8.1. Middle East & Africa Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.8.2. South Africa
- 10.8.2.1. Key Country Dynamics
- 10.8.2.2. South Africa Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.8.3. Saudi Arabia
- 10.8.3.1. Key Country Dynamics
- 10.8.3.2. Saudi Arabia Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.8.4. UAE
- 10.8.4.1. Key Country Dynamics
- 10.8.4.2. UAE Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 10.8.5. Kuwait
- 10.8.5.1. Key Country Dynamics
- 10.8.5.2. Kuwait Veterinary Imaging Market Estimates And Forecasts, 2021 - 2033 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Market Participant Categorization
- 11.2. Company Market Position Analysis/ Heap Map Analysis
- 11.3. Company Profiles
- 11.3.1. IDEXX Laboratories, Inc.
- 11.3.1.1. Participant's Overview
- 11.3.1.2. Financial Performance
- 11.3.1.3. Application Benchmarking
- 11.3.1.4. Strategic Initiatives
- 11.3.2. Esaote SPA
- 11.3.2.1. Participant's Overview
- 11.3.2.2. Financial Performance
- 11.3.2.3. Application Benchmarking
- 11.3.2.4. Strategic Initiatives
- 11.3.3. Antech Diagnostics, Inc.
- 11.3.3.1. Participant's Overview
- 11.3.3.2. Financial Performance
- 11.3.3.3. Application Benchmarking
- 11.3.3.4. Strategic Initiatives
- 11.3.4. General Electric Company
- 11.3.4.1. Participant's Overview
- 11.3.4.2. Financial Performance
- 11.3.4.3. Application Benchmarking
- 11.3.4.4. Strategic Initiatives
- 11.3.5. Midmark Corporation
- 11.3.5.1. Participant's Overview
- 11.3.5.2. Financial Performance
- 11.3.5.3. Application Benchmarking
- 11.3.5.4. Strategic Initiatives
- 11.3.6. FUJIFILM Holdings America Corporation
- 11.3.6.1. Participant's Overview
- 11.3.6.2. Financial Performance
- 11.3.6.3. Application Benchmarking
- 11.3.6.4. Strategic Initiatives
- 11.3.7. Hallmarq Veterinary Imaging
- 11.3.7.1. Participant's Overview
- 11.3.7.2. Financial Performance
- 11.3.7.3. Application Benchmarking
- 11.3.7.4. Strategic Initiatives
- 11.3.8. CANON MEDICAL SYSTEMS EUROPE B.V.
- 11.3.8.1. Participant's Overview
- 11.3.8.2. Financial Performance
- 11.3.8.3. Application Benchmarking
- 11.3.8.4. Strategic Initiatives
- 11.3.9. Shenzhen Mindray Animal Medical Technology Co., LTD
- 11.3.9.1. Participant's Overview
- 11.3.9.2. Financial Performance
- 11.3.9.3. Application Benchmarking
- 11.3.9.4. Strategic Initiatives
- 11.3.10. Siemens Healthcare Limited
- 11.3.10.1. Participant's Overview
- 11.3.10.2. Financial Performance
- 11.3.10.3. Application Benchmarking
- 11.3.10.4. Strategic Initiatives
- 11.4. Strategy Mapping
- 11.4.1 Mergers & Acquisitions
- 11.4.2 Partnerships & Collaborations
- 11.4.3 Application launch
- 11.4.4 Others
- 11.5 List of other key players