Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Veterinary Imaging Market size was over USD 1.98 billion in 2024 and is anticipated to cross USD 4.83 billion by 2037, witnessing more than 7.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of veterinary imaging is estimated at USD 2.1 billion.
The reason behind the growth is due to the rising burden of zoonotic diseases across the globe. About two million individuals each year, primarily in low- and middle-income nations, die from neglected zoonotic illnesses. For the prevention and protection of agronomic health, effective management and control of infectious diseases have become essential. Hence a favorable environment for the expansion of the global market would be created by the growing demand for early detection of these zoonotic illnesses through suitable diagnostic tests.
The growing technological advancement in veterinary imaging is believed to fuel the market growth. Clinical and preclinical imaging have benefitted greatly from the use of multimodality imaging, particularly PET/CT. According to clinical examples, combining anatomical features revealed by CT scans and functional data from PET scans into a single image with high fusion accuracy creates a sophisticated diagnosis tool and research platform.