Discover trends, market shifts, and competitive outlooks for the veterinary imaging industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#What is the Anticipated CAGR of the Veterinary Imaging Market, and What Factors Will Drive It?_x000D_

There has been considerable growth in the veterinary imaging market size in the past few years. It is projected to rise from $1.87 billion in 2024 to $2.02 billion in 2025 with a compound annual growth rate (CAGR) of 7.8%. The escalation in the previous period can be associated with a surge in pet ownership, advancements in veterinary care, an increase in veterinary diseases, the treating of pets as family members, and expansion in the companion animal trade._x000D_

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Over the coming years, the veterinary imaging market is predicted to witness robust growth, escalating to $2.74 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. Forces that will drive growth throughout the forecast period include a renewed focus on veterinary preventive care, a surge in specialized veterinary services, worldwide expansion of veterinary services, the addition of technology in veterinary procedures, and heightened awareness of diseases transmitted from animals to humans. Key trends anticipated for the forecast period incorporate personalized offerings for specific animal species, the launch of the 4d imaging technology, upgrades in ultrasound technology, a rising preference for digital radiography, and the use of veterinary imaging for research purposes._x000D_

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#What External and Internal Drivers Are Contributing to the Growth of the Veterinary Imaging Market?#_x000D_

The surge in demand for meat and dairy produce has been predicted to drive the expansion of the veterinary imaging market in the future. Such produce consists of animal-based food items like beef, pork, poultry, milk, cheese, and yogurt, among others. Veterinary imaging is pivotal in maintaining the health and wellness of livestock animals which yield meat and dairy products. For example, the OECD-FAO Agricultural Outlook 2022-2031, published by the France-based Organisation for Economic Co-operation and Development, projects that worldwide meat production will hit 377 million tons by 2023. As a result, the booming demand for meat and dairy products is fuelling the growth of the veterinary imaging market._x000D_

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#What Segment Types Define the Veterinary Imaging Market Structure?#_x000D_

The veterinary imaging market covered in this report is segmented –_x000D_

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1) By Product: Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents_x000D_

2) By Animal Type: Small Companion Animals, Large Animals_x000D_

3) By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology_x000D_

4) By End-Use: Veterinary Clinics And Hospitals, Other End-Uses_x000D_

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Subsegments:_x000D_

1) By Veterinary Imaging Instruments: X-Ray Machines, Ultrasound Machines, MRI Machines, CT Scanners, Endoscopes_x000D_

2) By Veterinary Software: Imaging Software, Practice Management Software, Radiology Information Systems (RIS), Picture Archiving And Communication Systems (PACS)_x000D_

3) By Veterinary Imaging Reagents: Contrast Agents, Radiopharmaceuticals, Ultrasound Contrast Agents_x000D_

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#Which Geographic Areas Hold the Strongest Growth Potential in the Veterinary Imaging Market?#_x000D_

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_x000D_

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#What Long-Term Trends Are Transforming the Competitive Landscape of the Veterinary Imaging Market?#_x000D_

Leading firms engaged in the veterinary market, like Hallmarq Veterinary Imaging, are introducing novel technologies, including the zero-helium small animal 1.5T MRI, to improve disease diagnosis in animals. The zero-helium small animal 1.5T MRI represents an advanced solution that leverages conduction cooling within a robust vacuum, thereby cancelling out the requirement for helium, a quench pipe, an oxygen monitor, a conventional external chiller, or any extra power. For instance, in April 2023, UK-based Hallmarq Veterinary Imaging unveiled this revolutionary machine. Created with the intention of broadening the access to diagnostic services for small animal patients, this machine also aims to mitigate financial, environmental, and supply chain issues usually tied to conventional helium-based MRI systems. This innovation signifies an evolutionary leap from Hallmarq’s earlier systems, blending the proven effectiveness of their past machines with a more eco-friendly cooling system._x000D_

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#What Is the Definition of the Veterinary Imaging Market?#_x000D_

Veterinary imaging is a diagnostic tool that allows veterinarians to obtain detailed images of internal structures of the animal’s body to help identify and diagnose medical conditions._x000D_

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