Equine Diagnostic Equipment Market size is estimated to be USD 500 Million in 2024 and is expected to reach USD 800 Million by 2033 at a CAGR of 5.5% from 2026 to 2033.
The global equine diagnostic equipment market was valued at approximately USD 1.2 billion in 2022 and is projected to reach USD 1.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. This growth is driven by advancements in veterinary diagnostics, increased awareness of equine health, and the rising popularity of equestrian sports and activities.
Regionally, North America and Europe lead the market, attributed to high awareness about equine health and advanced veterinary infrastructure. The Asia Pacific region is expected to experience significant growth due to increasing investments in equine sports and improving veterinary services. Opportunities in the market include the development of portable diagnostic devices and the integration of artificial intelligence in diagnostic procedures, enhancing accuracy and efficiency in equine healthcare.
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IDEXX
Zoetis
Inc
MinXray
Inc.
Sedecal USA
Agrolabo SPA
Thermo Fisher Scientific
Inc
Vimian Group
Randox Laboratories
Ltd.
IM3 Inc
Instrumentation Concept Ltd
Hallmarq Veterinary Imaging
Neogen Corporation
Agfa-Gevaert NV
BCF Technology India
Heska Corporation
IDvet
Carestream Health
Diagnostic Imaging Systems
Woodley Equipment
Rudolf Riester GmbH
Horse Dental Equipment
Dearson
Dr. Fritz Endoscopes GmbH
Mindray Medical International Ltd .
Chengdu Smart Technology Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Equine Diagnostic Equipment Market
Ultrasound Machines
X-ray Systems
Endoscopy Equipment
Magnetic Resonance Imaging (MRI) Machines
Electrocardiograms (ECG)
Diagnostic Imaging
Preventive Healthcare
Therapeutic Procedures
Reproductive Health Monitoring
Chronic Disease Management
Veterinary Clinics
Equine Hospitals
Research Laboratories
Private Horse Owners
Equine Rescue Organizations
Digital Imaging
Analog Imaging
Telemedicine Solutions
Advanced Software Applications
Portable Diagnostic Devices
Direct Sales
Online Retail
Third-party Distributors
Veterinary Supply Stores
Trade Shows and Expositions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Equine Diagnostic Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Equine Diagnostic Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Equine Diagnostic Equipment Market, By Type
6. Global Equine Diagnostic Equipment Market, By Application
7. Global Equine Diagnostic Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Equine Diagnostic Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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