Veterinary MRI Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-05-18 Pages: 88
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Veterinary MRI Market Summary
Introduction
Veterinary MRI systems provide high-resolution imaging for diagnosing chronic diseases, tumors, and neurological conditions in animals. These devices are critical in veterinary hospitals and research facilities, offering non-invasive, precise diagnostics for small and large animals. The market is driven by rising chronic disease prevalence, growing pet ownership, and advancements in low-field and AI-enhanced MRI systems. Veterinary MRIs align with animal welfare policies by improving diagnostic accuracy and reducing invasive procedures. Growth is fueled by increasing veterinary expenditures and regulatory support, but challenges include high costs and limited adoption in smaller clinics.

Market Size and Growth Forecast
The global veterinary MRI market is estimated at USD 100 to 200 million in 2025, with a projected CAGR of 5.0% to 10.0% from 2025 to 2030, reaching USD 130 to 290 million by 2030. This growth reflects rising diagnostic demands and technological innovations.

Regional Analysis
North America leads, with the US driving demand due to high pet ownership and advanced diagnostics. Trends focus on low-field MRIs. Europe follows, with Germany and the UK emphasizing neurology applications, supported by welfare regulations. Asia Pacific grows steadily, with China and India expanding veterinary services due to pet ownership. Rest of the World, including Brazil, sees demand in research, focusing on affordability.

End Users Analysis
Small Animals: Expected to grow at 5.5-10.5%, dominating due to pet healthcare spending. Trends emphasize compact MRIs. Large Animals: Projected at 4.5-9.0%, used in equine and livestock care, with trends on mobile units.

Type Analysis
MRI Scanner: Anticipated at 5.0-10.0%, core equipment, with trends on AI integration. Software & Services: Expected at 5.5-11.0%, enhancing diagnostics, with trends on cloud-based analysis. Accessories/Consumables: Projected at 4.0-8.5%, supporting operations, with trends on cost-effectiveness.

Key Market Players
Esaote SPA specializes in veterinary MRI systems. Hallmarq Veterinary Imaging focuses on low-field MRIs. General Electric offers advanced imaging solutions. Siemens provides high-resolution systems. These firms compete on innovation and accessibility.

Porter's Five Forces Analysis
 Threat of New Entrants: Low; high R&D and regulatory barriers limit entry.
 Threat of Substitutes: Moderate; ultrasound and CT are alternatives but less precise.
 Bargaining Power of Buyers: Moderate; hospitals negotiate, but specialized equipment limits options.
 Bargaining Power of Suppliers: Moderate; component suppliers have some leverage.
 Competitive Rivalry: High; firms compete on technology and service quality.

Market Opportunities and Challenges
Opportunities:
 Rising chronic diseases, with 6 million pet cancer cases annually, drive demand.
 Increasing pet ownership boosts diagnostic spending.
 Technological advancements like AI enhance accessibility.
Challenges:
 High costs limit adoption in smaller clinics.
 Limited veterinary expertise in emerging markets hinders growth.
 Regulatory compliance increases costs.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Veterinary Mri Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Veterinary Mri Market in North America (2020-2030)
8.1 Veterinary Mri Market Size
8.2 Veterinary Mri Market by End Use
8.3 Competition by Players/Suppliers
8.4 Veterinary Mri Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Veterinary Mri Market in South America (2020-2030)
9.1 Veterinary Mri Market Size
9.2 Veterinary Mri Market by End Use
9.3 Competition by Players/Suppliers
9.4 Veterinary Mri Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Veterinary Mri Market in Asia & Pacific (2020-2030)
10.1 Veterinary Mri Market Size
10.2 Veterinary Mri Market by End Use
10.3 Competition by Players/Suppliers
10.4 Veterinary Mri Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Veterinary Mri Market in Europe (2020-2030)
11.1 Veterinary Mri Market Size
11.2 Veterinary Mri Market by End Use
11.3 Competition by Players/Suppliers
11.4 Veterinary Mri Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Veterinary Mri Market in MEA (2020-2030)
12.1 Veterinary Mri Market Size
12.2 Veterinary Mri Market by End Use
12.3 Competition by Players/Suppliers
12.4 Veterinary Mri Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Veterinary Mri Market (2020-2025)
13.1 Veterinary Mri Market Size
13.2 Veterinary Mri Market by End Use
13.3 Competition by Players/Suppliers
13.4 Veterinary Mri Market Size by Type
Chapter 14 Global Veterinary Mri Market Forecast (2025-2030)
14.1 Veterinary Mri Market Size Forecast
14.2 Veterinary Mri Application Forecast
14.3 Competition by Players/Suppliers
14.4 Veterinary Mri Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Esaote SPA
15.1.1 Company Profile
15.1.2 Main Business and Veterinary MRI Information
15.1.3 SWOT Analysis of Esaote SPA
15.1.4 Esaote SPA Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 General Electric Company
15.2.1 Company Profile
15.2.2 Main Business and Veterinary MRI Information
15.2.3 SWOT Analysis of General Electric Company
15.2.4 General Electric Company Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Siemens
15.3.1 Company Profile
15.3.2 Main Business and Veterinary MRI Information
15.3.3 SWOT Analysis of Siemens
15.3.4 Siemens Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Hallmarq Veterinary Imaging
15.4.1 Company Profile
15.4.2 Main Business and Veterinary MRI Information
15.4.3 SWOT Analysis of Hallmarq Veterinary Imaging
15.4.4 Hallmarq Veterinary Imaging Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Shenzhen Anke High-tech
15.5.1 Company Profile
15.5.2 Main Business and Veterinary MRI Information
15.5.3 SWOT Analysis of Shenzhen Anke High-tech
15.5.4 Shenzhen Anke High-tech Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Time Medical Holding
15.6.1 Company Profile
15.6.2 Main Business and Veterinary MRI Information
15.6.3 SWOT Analysis of Time Medical Holding
15.6.4 Time Medical Holding Veterinary MRI Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms
Table Research Scope Of Veterinary Mri Report
Table Data Sources Of Veterinary Mri Report
Table Major Assumptions Of Veterinary Mri Report
Table Veterinary Mri Classification
Table Veterinary Mri Applications
Table Drivers Of Veterinary Mri Market
Table Restraints Of Veterinary Mri Market
Table Opportunities Of Veterinary Mri Market
Table Threats Of Veterinary Mri Market
Table Raw Materials Suppliers
Table Different Production Methods Of Veterinary Mri
Table Cost Structure Analysis Of Veterinary Mri
Table Key End Users
Table Latest News Of Veterinary Mri Market
Table Merger And Acquisition
Table Planned/Future Project Of Veterinary Mri Market
Table Policy Of Veterinary Mri Market
Table 2020-2030 North America Veterinary Mri Market Size
Table 2020-2030 North America Veterinary Mri Market Size By Application
Table 2020-2025 North America Veterinary Mri Key Players Revenue
Table 2020-2025 North America Veterinary Mri Key Players Market Share
Table 2020-2030 North America Veterinary Mri Market Size By Type
Table 2020-2030 United States Veterinary Mri Market Size
Table 2020-2030 Canada Veterinary Mri Market Size
Table 2020-2030 Mexico Veterinary Mri Market Size
Table 2020-2030 South America Veterinary Mri Market Size
Table 2020-2030 South America Veterinary Mri Market Size By Application
Table 2020-2025 South America Veterinary Mri Key Players Revenue
Table 2020-2025 South America Veterinary Mri Key Players Market Share
Table 2020-2030 South America Veterinary Mri Market Size By Type
Table 2020-2030 Brazil Veterinary Mri Market Size
Table 2020-2030 Argentina Veterinary Mri Market Size
Table 2020-2030 Chile Veterinary Mri Market Size
Table 2020-2030 Peru Veterinary Mri Market Size
Table 2020-2030 Asia & Pacific Veterinary Mri Market Size
Table 2020-2030 Asia & Pacific Veterinary Mri Market Size By Application
Table 2020-2025 Asia & Pacific Veterinary Mri Key Players Revenue
Table 2020-2025 Asia & Pacific Veterinary Mri Key Players Market Share
Table 2020-2030 Asia & Pacific Veterinary Mri Market Size By Type
Table 2020-2030 China Veterinary Mri Market Size
Table 2020-2030 India Veterinary Mri Market Size
Table 2020-2030 Japan Veterinary Mri Market Size
Table 2020-2030 South Korea Veterinary Mri Market Size
Table 2020-2030 Southeast Asia Veterinary Mri Market Size
Table 2020-2030 Australia Veterinary Mri Market Size
Table 2020-2030 Europe Veterinary Mri Market Size
Table 2020-2030 Europe Veterinary Mri Market Size By Application
Table 2020-2025 Europe Veterinary Mri Key Players Revenue
Table 2020-2025 Europe Veterinary Mri Key Players Market Share
Table 2020-2030 Europe Veterinary Mri Market Size By Type
Table 2020-2030 Germany Veterinary Mri Market Size
Table 2020-2030 France Veterinary Mri Market Size
Table 2020-2030 United Kingdom Veterinary Mri Market Size
Table 2020-2030 Italy Veterinary Mri Market Size
Table 2020-2030 Spain Veterinary Mri Market Size
Table 2020-2030 Belgium Veterinary Mri Market Size
Table 2020-2030 Netherlands Veterinary Mri Market Size
Table 2020-2030 Austria Veterinary Mri Market Size
Table 2020-2030 Poland Veterinary Mri Market Size
Table 2020-2030 Russia Veterinary Mri Market Size
Table 2020-2030 Mea Veterinary Mri Market Size
Table 2020-2030 Mea Veterinary Mri Market Size By Application
Table 2020-2025 Mea Veterinary Mri Key Players Revenue
Table 2020-2025 Mea Veterinary Mri Key Players Market Share
Table 2020-2030 Mea Veterinary Mri Market Size By Type
Table 2020-2030 Egypt Veterinary Mri Market Size
Table 2020-2030 Israel Veterinary Mri Market Size
Table 2020-2030 South Africa Veterinary Mri Market Size
Table 2020-2030 Gulf Cooperation Council Countries Veterinary Mri Market Size
Table 2020-2030 Turkey Veterinary Mri Market Size
Table 2020-2025 Global Veterinary Mri Market Size By Region
Table 2020-2025 Global Veterinary Mri Market Size Share By Region
Table 2020-2025 Global Veterinary Mri Market Size By Application
Table 2020-2025 Global Veterinary Mri Market Share By Application
Table 2020-2025 Global Veterinary Mri Key Vendors Revenue
Table 2020-2025 Global Veterinary Mri Key Vendors Market Share
Table 2020-2025 Global Veterinary Mri Market Size By Type
Table 2020-2025 Global Veterinary Mri Market Share By Type
Table 2025-2030 Global Veterinary Mri Market Size By Region
Table 2025-2030 Global Veterinary Mri Market Size Share By Region
Table 2025-2030 Global Veterinary Mri Market Size By Application
Table 2025-2030 Global Veterinary Mri Market Share By Application
Table 2025-2030 Global Veterinary Mri Key Vendors Revenue
Table 2025-2030 Global Veterinary Mri Key Vendors Market Share
Table 2025-2030 Global Veterinary Mri Market Size By Type
Table 2025-2030 Veterinary Mri Global Market Share By Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Veterinary Mri Picture
Figure 2020-2030 North America Veterinary Mri Market Size And Cagr
Figure 2020-2030 South America Veterinary Mri Market Size And Cagr
Figure 2020-2030 Asia & Pacific Veterinary Mri Market Size And Cagr
Figure 2020-2030 Europe Veterinary Mri Market Size And Cagr
Figure 2020-2030 Mea Veterinary Mri Market Size And Cagr
Figure 2020-2025 Global Veterinary Mri Market Size And Growth Rate
Figure 2025-2030 Global Veterinary Mri Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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