Veterinary MRI Scanning Equipment Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.45 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The global veterinary MRI scanning equipment market was valued at approximately USD 270 million in 2022. This market is projected to expand at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The growth is driven by increasing awareness of advanced diagnostic imaging in veterinary care, the rising prevalence of chronic diseases in pets, and technological advancements in MRI systems. Additionally, the growing trend of pet humanization and the demand for high-quality diagnostic tools are fueling the market expansion. The development of compact, cost-effective MRI systems suitable for smaller veterinary practices is expected to further drive market growth.
Opportunities in the veterinary MRI scanning equipment market are abundant, particularly in emerging markets where veterinary care is evolving rapidly. Regions such as Asia-Pacific and Latin America are witnessing significant growth due to improving economic conditions and increasing investment in veterinary healthcare infrastructure. Moreover, advancements in MRI technology, such as portable MRI units and AI-enhanced imaging techniques, present new avenues for market expansion. These technological innovations aim to enhance diagnostic accuracy and accessibility, creating lucrative prospects for manufacturers and service providers in the veterinary sector.
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Esaote SpA
Hallmarq Veterinary Imaging Inc
GE Healthcare
IDEXX
Canon Medical Systems ANZ
Imotek International
Universal Medical Systems
Bruker
Mediso Ltd
MR solutions
Burgess Diagnostics
Shenzhen Mindray Bio-Medical Electronics
Time Medical Systems
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Veterinary MRI Scanning Equipment Market
Veterinary Hospital
Laboratory
Others
Based on Types the Market is categorized into Below types that held the largest Veterinary MRI Scanning Equipment market share In 2023.
Open MRI
Closed MRI
Global (United States, Global 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 Veterinary MRI Scanning 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 Veterinary MRI Scanning Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Veterinary MRI Scanning Equipment Market, By Type
6. Global Veterinary MRI Scanning Equipment Market, By Application
7. Global Veterinary MRI Scanning Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Veterinary MRI Scanning Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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