Veterinary Imaging Market Expansion Outlook: $2.77 Billion by 2029 Forecast

November 12, 2025 by Marketing Posting

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What Is The Predicted Market Size Trajectory For The Veterinary Imaging Market From 2025 To 2034?

The veterinary imaging market size has demonstrated strong growth over recent years. It is anticipated to expand from $2.03 billion in 2024 to $2.16 billion in 2025, registering a compound annual growth rate (CAGR) of 6.5%. This historical growth can be linked to factors such as a rise in pet ownership, ongoing advancements in veterinary care, the widespread occurrence of veterinary diseases, the increasing humanization of pets, and the overall expansion of the companion animal industry.

The veterinary imaging market is projected to experience substantial expansion over the coming years. By 2029, its valuation is anticipated to reach $2.77 billion, demonstrating a compound annual growth rate (CAGR) of 6.4%. This projected growth during the forecast period is primarily driven by an increased emphasis on preventive veterinary care, the expansion of specialty veterinary services, the worldwide spread of veterinary services, the incorporation of technology into veterinary practices, and heightened understanding of zoonotic diseases. Key developments expected in this period encompass tailored solutions for various animal species, the introduction of 4D imaging technology, advancements in ultrasound capabilities, a greater adoption of digital radiography, and the utilization of veterinary imaging in research applications.

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What Are The Drivers Pushing New Developments In The Veterinary Imaging Market?

The increasing need for meat and dairy products is projected to drive the growth of the veterinary imaging market in the coming years. These animal-derived food items include beef, pork, poultry, milk, cheese, and yogurt, among others. Veterinary imaging is essential for ensuring the health and well-being of livestock, which are utilized for the production of meat and dairy products. As an illustration, the Organization for Economic Co-operation and Development, a France-based government agency, stated in its OECD-FAO Agricultural Outlook 2022-2031 that global meat production is anticipated to achieve 377 million tons by 2023. Thus, the rising demand for meat and dairy products is a key factor boosting the veterinary imaging market.

What Are The Major Segments Identified In The Veterinary Imaging Market?

The veterinary imaging market covered in this report is segmented –

1) By Product: Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents

2) By Animal Type: Small Companion Animals, Large Animals

3) By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology

4) By End-Use: Veterinary Clinics And Hospitals, Other End-Uses

Subsegments:

1) By Veterinary Imaging Instruments: X-Ray Machines, Ultrasound Machines, MRI Machines, CT Scanners, Endoscopes

2) By Veterinary Software: Imaging Software, Practice Management Software, Radiology Information Systems (RIS), Picture Archiving And Communication Systems (PACS)

3) By Veterinary Imaging Reagents: Contrast Agents, Radiopharmaceuticals, Ultrasound Contrast Agents

How Are Emerging Market Trends Shaping The Veterinary Imaging Industry Landscape?

Leading companies in the veterinary market are developing innovative products, such as zero-helium small animal 1.5T MRI, to enhance the diagnosis of diseases in animals. The Zero-helium small animal 1.5T MRI machine is an advanced system that employs a conduction-based cooling mechanism within a strong vacuum, thereby eliminating the necessity for helium, a quench pipe, an oxygen monitor, a conventional external chiller, or any additional power. For instance, in April 2023, Hallmarq Veterinary Imaging, a UK-based diagnostic imaging service provider, launched its Zero-helium small animal 1.5T MRI. This machine is engineered to improve access to diagnostic care for small animal patients while simultaneously lowering the financial, environmental, and supply chain risks traditionally associated with helium-based MRI systems. It represents an evolutionary step forward from Hallmarq’s previous systems, bringing together the established efficiency of its earlier machines with a more sustainable cooling method.

Which Global Market Leaders Are Shaping The Future Of The Veterinary Imaging Sector?

Major companies operating in the veterinary imaging market include Agfa-Gevaert N.V., Canon Inc., Carestream Health, Draminski S.A., E.I. Medical Imaging, Esaote S.P.A., Fujifilm Holdings Corporation, GE Healthcare, Heska Corporation, IDEXX Laboratories Inc., Konica Minolta Inc., MinXray Inc., Clarius Mobile Health, Shenzhen Ricso Technology Co. Ltd., ClearVet Digital Radiography Systems, Mindray Medical International Limited, Siemens Healthineers, Samsung Electronics Co. Ltd., IMV imaging, Epica Animal Health, Hallmarq Veterinary Imaging, Hitachi Ltd., NeuroLogica Corp., Oncovision, PerkinElmer Inc., Planmed Oy, Sedecal Veterinary, Shantou Institute of Ultrasonic Instruments Co. Ltd, Shimadzu Corporation, Sonoscape Medical Corp., Toshiba Medical Systems Corporation, Trixell, Varex Imaging Corporation, Vetel Diagnostics, VetRocket LLC, Vieworks Co. Ltd., Xoran Technologies LLC, Ziehm Imaging GmbH

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Which Regional Markets Are Contributing Most To The Veterinary Imaging Industry Expansion?

North America was the largest region in the veterinary imaging market in 2024. The regions covered in the veterinary imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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