VETERINARY DIAGNOSTIC IMAGING MARKET ANALYSIS

Regional Analysis

Global Veterinary Diagnostic Imaging Market: Regional Insights

Based on geography, the global veterinary diagnostic imaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the rise in companion animal population, rising prevalence of animal diseases and injuries, and increase in animal health expenditure in the region. For instance, recent years have seen a significant rise in the adoption of companion and livestock animals. For instance, according to the 2021-22 National Pet Owners Survey, 70 percent of all US households include a companion animal. Moreover, according to the American Veterinary Medical Association (AVMA), in 2020, around 45% of households owned dogs and around 26% of households owned cats, up from 38% and 25% at year-end 2016, respectively.

Asia Pacific is also expected to witness robust growth in the global veterinary diagnostic imaging market due to the rising prevalence of animal diseases, rise in companion animal population, rise in awareness, and rising demand for safe and effective medical care in the region. For instance, the Federation of Indian Animal Protection Organisation (FIAPO) has been working to ensure welfare of animals in India by partnering with several animal rights protection organisations and activists in the country. Furthermore, the federation has been tackling a wide range of animal welfare issues through awareness campaigns and lobbying.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East & Africa: GCC Countries, Israel, Rest of Middle East, & Africa (South Africa, North Africa, and Central Africa)