Veterinary Imaging Market

The global veterinary imaging market is projected to reach USD 2.9 billion by 2029 from USD 1.9 billion in 2023, growing at a CAGR of 7.2% during the forecast period. Growth in the global veterinary imaging market will primarily be driven by various factors. Firstly, the booming pet population, particularly in developed nations, fuels demand for advanced diagnostics. Rising disposable incomes and increasing awareness of pet health contribute to this surge. Secondly, the growing prevalence of chronic illnesses among animals, including cancers and cardiovascular diseases, necessitates accurate diagnosis and treatment planning, propelling the adoption of imaging technologies. Additionally, advancements in veterinary imaging itself, such as miniaturized scanners and AI-powered image analysis, enhance diagnostic accuracy and appeal to both veterinarians and pet owners. Finally, the rising adoption of pet insurance lessens financial constraints, further unlocking market potential. This multifaceted growth trajectory positions the veterinary imaging market for continued expansion in the coming years.

Prominent players in the veterinary imaging market include GE Healthcare (US), Agfa-Gevaert N.V. (Belgium), Carestream Health (US), Esaote S.p.A (Italy), IDEXX Laboratories, Inc. (US), Mindray Medical International Limited (China), Canon Inc. (Japan), Heska Corporation (US), Siemens Healthineers (Germany), FUJIFILM Holdings Corporation (Japan), Konica Minolta Inc. (Japan), Samsung Electronics Co., Ltd. (South Korea), E.I. Medical Imaging (US), IMV imaging (UK), SEDECAL (Spain). Other players in the veterinary imaging market are Clarius Mobile Health (Canada), Shenzhen Ricso Technology Co. Ltd. (China), DRAMINSKI S.A. (Poland), Epica Animal Health (US), and ClearVet Digital Radiography Systems (US), MinXray Inc. (US), Hallmarq Veterinary Imaging (UK), Shantou Institute of Ultrasonic Instruments Co., Ltd (China), Sonoscape Medical Corp. (China), and Reproscan (US).

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Carestream Health (US)

Carestream Health holds a significant share of the veterinary imaging market, offering a diverse range of digital radiography (DR) and computed tomography (CT) solutions optimized for animal patients. Their DRX veterinary systems, like the DRX-Vet Plus, boast high image quality with low radiation dose, vital for sensitive animals. Beyond DR, Carestream's CS Vet CT system stands out as a compact and versatile option for veterinary clinics. Its advanced features like cone-beam CT and dynamic scanning enable detailed visualization of bony structures and internal organs, aiding in complex diagnoses. Additionally, Carestream's cloud-based image management platform, Vue Cloud, streamlines image storage and sharing, improving workflow efficiency for veterinarians.

Carestream continues to innovate in veterinary imaging, recently launching their DRX-Vet DR 1000 system, offering even faster image acquisition and a smaller footprint for space-constrained clinics. Their commitment to research and development, coupled with ongoing collaborations with veterinary schools and associations, positions them as a leading force in advancing veterinary imaging technology and improving animal healthcare.

GE Healthcare (US)

GE Healthcare holds a prominent position in the veterinary imaging market, offering a comprehensive portfolio of diagnostic solutions tailored to animal care. From high-resolution X-ray systems and advanced CT scanners to cutting-edge ultrasound technology and MRI solutions, GE empowers veterinarians with tools for precise diagnosis and improved patient care. Their flagship Revolution CT scanner, for instance, boasts AI-powered image reconstruction for faster scan times and lower radiation doses, particularly crucial for sensitive animal procedures. Beyond hardware, GE offers dedicated software solutions like Vscan Extend, an app-based ultrasound tool enabling real-time point-of-care examinations, and the DoseAware platform for optimizing radiation exposure in imaging procedures. GE's commitment to veterinary imaging extends to training and education, with programs like the GE Healthcare Veterinary Imaging Academy providing vets with the skills and knowledge to leverage these technologies effectively.

AGFA-GEVAERT N.V. (Belgium)

Agfa-Gevaert N.V. (Agfa) carves a niche in the veterinary imaging market with its DR (digital radiography) and computed radiography (CR) solutions, catering to clinics and hospitals seeking cost-effective and efficient imaging options. Their DR systems, like the DR 600, boast high image quality with low radiation doses, making them suitable for sensitive animal procedures. Agfa's CR solutions, like the DRYPIX Plus 40, offer flexibility and scalability, ideal for smaller clinics.

Beyond hardware, Agfa provides dedicated software like MUSICA, a user-friendly interface for image processing and interpretation, and Enterprise Imaging Suite, a cloud-based platform streamlining image management and workflow. Their focus on affordability and ease-of-use has made them a preferred choice for clinics and hospitals seeking a cost-effective entry point into digital imaging.

Related Reports:

Veterinary Imaging Market by Product (Ultrasound (2D, 3D, Doppler), CT, X-Ray, MRI; Contrast Reagent; Software), Modality (Stationary, Portable), Application (Ortho, OB/GYN, Cancer), Animal (Small, Large), End User (Clinic, Hospital) - Forecast to 2029

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