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Global Veterinary Diagnostic Imaging Market: By Equipment: Radiography (X-ray) Systems, Ultrasound Imaging Systems, Others; By Application; By Animal Type; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Veterinary Diagnostic Imaging Market Outlook
The global veterinary diagnostic imaging market is expected to grow in the forecast period of 2022-2027 at a CAGR of 7.23%.
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Increasing Prevalence of Health-Related Issues in Animals Augmenting the Market for Veterinary Diagnostic Imaging
The market for veterinary diagnostic imaging is being aided by the growing prevalence of health-related issues in animals. As effective diagnosis is crucial to bolster the quality of life of animals, veterinary diagnostic imaging techniques are increasingly utilised, which is fuelling the market growth. The increasing availability of advanced imaging technologies for animals is also invigorating the market for veterinary diagnostic imaging. In addition, the surging development of veterinary diagnostics laboratories in developing countries is escalating the demand for advanced veterinary diagnostic imaging, thereby strengthening the growth of the market.
The increasing incidences of disorders and emergency critical health issues in animals is leading to a surge in demand for veterinary diagnostics and propelling the market growth. As computed tomography imaging systems provide high spatial resolution to enable an effective anatomical characterisation of diseases, their demand is significantly surging. The growing cost-effectiveness and the enhanced functionality of computed tomography imaging systems are also escalating their demand, thus augmenting the industry growth. With rapid technological advancements, computed tomography imaging systems enable the visualisation of various metabolic processes within cancer cells. This, in turn, is increasing their use in veterinarian cancer research and development (R&D) activities, hence bolstering the market growth of veterinary diagnostic imaging.
Veterinary Diagnostic Imaging: Market Segmentation
Veterinary diagnostic imaging refers to a diagnostic tool that is used to collect and assess the information of animal health. It is typically non-invasive and painless and is crucial in detecting deformities, fractures, tumours, infections, and injuries, among others, in animals. Veterinary diagnostic imaging boosts the quality of healthcare services for animals.
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The major equipment of veterinary diagnostic imaging is:
- Radiography (X-ray) Systems
- Ultrasound Imaging Systems
- Computed Tomography Imaging Systems
- Magnetic Resonance Imaging Systems
- Video Endoscopy Imaging Systems
- Others
The market can be broadly categorised on the basis of its application segments into:
- Cardiology
- Oncology
- Neurology
- Orthopaedics
- Others
Based on animal type, the market is divided into:
- Small Animals
- Large Animals
The EMR report looks into the regional markets of veterinary diagnostic imaging like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Integration of Artificial Intelligence (AI) in Veterinary Diagnostic Imaging to Fuel the Market Growth
The integration of the latest technologies like artificial intelligence (AI) in veterinary diagnostic imaging systems is invigorating the growth of the market. Artificial intelligence (AI) is increasingly used to interpret imaging efficiently, thus boosting the cost-effectiveness of veterinary diagnostic imaging techniques. Moreover, it eliminates the requirement for veterinary imaging specialists, especially in research activities, which is projected to invigorate the industry growth. In addition, such technologies are boosting automating and increasing overall efficiency while providing personalised data for animals, which is anticipated to provide further impetus to the growth of the veterinary diagnostic imaging industry in the forecast period.
The growing deployment of innovative veterinary diagnostic imaging techniques in veterinary research for the effective treatment of various disorders is significantly contributing to the growth of the market. Furthermore, the growing potential of the use of advanced optical diagnostic imaging techniques to enhance the understanding of physiology, morphology, and tissue composition is expected to drive the market growth. As both pet and commercial animals are increasingly grappled with new diseases and health-related issues, the demand for veterinary diagnostic imaging to surge the development of medicines and therapeutics is projected to grow, which is predicted to propel the market growth in upcoming years.
Key Industry Players in the Global Veterinary Diagnostic Imaging Market
The report presents a detailed analysis of the following key players in the global veterinary diagnostic imaging market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Canon Medical Systems Corporation
- Epica Animal Health
- Carestream Health
- Esaote SPA
- IDEXX Laboratories, Inc
- IMV Imaging
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Equipment, Application, Animal Type, Region |
| Breakup by Equipment | Radiography (X-ray) Systems, Ultrasound Imaging Systems, Computed Tomography Imaging Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Others |
| Breakup by Application | Cardiology, Oncology, Neurology, Orthopaedics, Others |
| Breakup by Animal Type | Small Animals, Large Animals |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Canon Medical Systems Corporation, Epica Animal Health, Carestream Health, Esaote SPA, IDEXX Laboratories, Inc, IMV Imaging, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Veterinary Diagnostic Imaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Veterinary Diagnostic Imaging Historical Market (2017-2021)
8.3 Global Veterinary Diagnostic Imaging Market Forecast (2022-2027)
8.4 Global Veterinary Diagnostic Imaging Market by Equipment
8.4.1 Radiography (X-ray) Systems
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Ultrasound Imaging Systems
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Computed Tomography Imaging Systems
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Magnetic Resonance Imaging Systems
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Video Endoscopy Imaging Systems
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Others
8.5 Global Veterinary Diagnostic Imaging Market by Application
8.5.1 Cardiology
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Oncology
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Neurology
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Orthopaedics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Veterinary Diagnostic Imaging Market by Animal Type
8.6.1 Small Animals
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Large Animals
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Veterinary Diagnostic Imaging Market by Region
8.7.1 Market Share
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Canon Medical Systems Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Epica Animal Health
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Carestream Health
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Esaote SPA
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 IDEXX Laboratories, Inc
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 IMV Imaging
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Veterinary Diagnostic Imaging Market: Key Industry Highlights, 2017 and 2027
2. Global Veterinary Diagnostic Imaging Historical Market: Breakup by Equipment (USD Million), 2017-2021
3. Global Veterinary Diagnostic Imaging Market Forecast: Breakup by Equipment (USD Million), 2022-2027
4. Global Veterinary Diagnostic Imaging Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Veterinary Diagnostic Imaging Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Veterinary Diagnostic Imaging Historical Market: Breakup by Animal Type (USD Million), 2017-2021
7. Global Veterinary Diagnostic Imaging Market Forecast: Breakup by Animal Type (USD Million), 2022-2027
8. Global Veterinary Diagnostic Imaging Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Veterinary Diagnostic Imaging Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Veterinary Diagnostic Imaging Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Veterinary Diagnostic Imaging Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Veterinary Diagnostic Imaging Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Veterinary Diagnostic Imaging Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Veterinary Diagnostic Imaging Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Veterinary Diagnostic Imaging Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Veterinary Diagnostic Imaging Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Veterinary Diagnostic Imaging Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Veterinary Diagnostic Imaging Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Veterinary Diagnostic Imaging Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Veterinary Diagnostic Imaging Market Structure
Key Questions Answered in the Report
The global veterinary diagnostic imaging market is projected to grow at a CAGR of 7.23% between 2022 and 2027.
The market is being aided by the growing prevalence of health-related issues in animals, the growing availability of techniques like computed tomography, and the increasing cost-effectiveness of veterinary diagnostic imaging equipment.
The industry is expected to be driven by the growing deployment of innovative veterinary diagnostic imaging techniques, the increasing use of veterinary diagnostic imaging in research activities, and the integration of artificial intelligence (AI) in veterinary diagnostic imaging.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major equipment of veterinary diagnostic imaging in the industry are radiography (X-ray) systems, ultrasound imaging systems, computed tomography imaging systems, magnetic resonance imaging systems, and video endoscopy imaging systems, among others.
The significant application segments in the market are cardiology, oncology, neurology, and orthopaedics, among others.
The various animal types of veterinary diagnostic imaging are small animals and large animals.
The major players in the industry are Canon Medical Systems Corporation, Epica Animal Health, Carestream Health, Esaote SPA, IDEXX Laboratories, Inc, and IMV Imaging, among others.
Analyst Review
The global veterinary diagnostic imaging market is driven by the growing prevalence of health-related issues in animals. Aided by the increasing use of veterinary diagnostic imaging in research activities, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.23%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its equipment, the veterinary diagnostic imaging industry can be segmented into radiography (X-ray) systems, ultrasound imaging systems, computed tomography imaging systems, magnetic resonance imaging systems, and video endoscopy imaging systems, among others. On the basis of applications, the industry is divided into cardiology, oncology, neurology, and orthopaedics, among others. By animal type, the market is bifurcated into small animals and large animals. The major regional markets for veterinary diagnostic imaging are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Canon Medical Systems Corporation, Epica Animal Health, Carestream Health, Esaote SPA, IDEXX Laboratories, Inc, and IMV Imaging, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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