Global Equine Imaging Services Market Size Study, by Service Type (Computed Tomography, X-ray, Ultrasound, Endoscopy, MRI, Others), by Application, by Service Provider, and Regional Forecasts 2022-2032.

Description

The Global Equine Imaging Services Market was valued at approximately USD 757.19 million in 2023 and is expected to register a robust compound annual growth rate (CAGR) of 7.51% over the forecast period of 2024-2032. The growing emphasis on early diagnosis of equine diseases, coupled with technological advancements in imaging equipment, is driving market expansion. The equine sector's focus on enhancing diagnostic precision and promoting better healthcare outcomes is spurring demand for imaging services across veterinary clinics, hospitals, and research institutes. Additionally, the increasing equine population and rising awareness of zoonotic diseases further bolster the adoption of advanced diagnostic solutions.

The market growth is prominently influenced by innovations such as advanced CT scanners, digital X-ray systems, and AI-powered imaging solutions. For example, Melbourne-based XREq, in 2024, introduced an innovative X-ray add-on capable of delivering high-resolution imaging comparable to CT and MRI scans. These breakthroughs highlight the importance of integrating advanced diagnostic tools in veterinary practices to ensure timely and accurate treatment.

Veterinary clinics and hospitals are leading contributors to market growth due to their widespread adoption of high-end imaging systems, including CT and MRI scanners. The expansion of modern veterinary facilities equipped with sophisticated diagnostic tools further accelerates the market. For instance, CVS' Ayres Vets launched a state-of-the-art facility in 2024, providing advanced imaging capabilities for complex equine conditions.

Regional trends reveal North America as the dominant market, driven by extensive equine care infrastructure, advanced veterinary practices, and increasing investments in state-of-the-art facilities. Europe and the Asia Pacific are poised for significant growth due to the rising adoption of innovative diagnostic solutions and the growing popularity of equine sports. For example, China and India are investing in advanced veterinary care systems, reflecting a robust growth trajectory for the Asia Pacific region.

Major market players included in this report are:

Surrey Hills Equine Veterinary Practice
Moore Equine P.C.
Daniel Equine Services
Cornell University College of Veterinary Medicine
Hagyard Equine Medical Institute
Mid-Atlantic Equine Medical Center
Royal Veterinary College's Equine Referral Hospital
Rainbow Equine Hospital Limited
Chine House Veterinary Hospital Ltd
National Research Center on Equines
Prisma Imaging
Triple Ring Technologies
Veheri Veterinary Solutions
GVG Diagnostics GmbH
Virginia Equine Imaging

The detailed segments and sub-segments of the market are explained below:

By Service Type:

Computed Tomography (CT)
X-ray
Ultrasound
Endoscopy
MRI
Others

By Application:

Orthopedics and Traumatology
Oncology
Cardiology
Neurology
Respiratory
Dental Application
Others

By Service Provider:

Veterinary Clinics & Hospitals
Academics and Research Institutes
Others

By Region:

North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Italy, Spain, Denmark, Sweden, Norway
Asia Pacific: Japan, India, China, South Korea, Australia, Thailand
Latin America: Brazil, Argentina
Middle East & Africa: South Africa, Saudi Arabia, UAE, Kuwait

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Market estimates & forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Equine Imaging Services Market Executive Summary

1.1. Global Equine Imaging Services Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Service Type
- 1.3.2. By Application
- 1.3.3. By Service Provider
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Equine Imaging Services Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply-Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand-Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Equine Imaging Services Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Equine Population and Demand for Early Diagnosis
- 3.1.2. Technological Advancements in Imaging Systems
- 3.1.3. Government Initiatives and Investments in Veterinary Care
3.2. Market Challenges
- 3.2.1. High Cost of Advanced Imaging Technologies
- 3.2.2. Limited Access to Sophisticated Veterinary Equipment in Developing Regions
3.3. Market Opportunities
- 3.3.1. Growing Popularity of Equine Sports and Equestrian Tourism
- 3.3.2. Expansion of Veterinary Hospitals and Clinics in Emerging Markets
- 3.3.3. Development of AI-powered Imaging Solutions

Chapter 4. Global Equine Imaging Services Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's Five Forces Model
- 4.1.7. Porter's Five Forces Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Equine Imaging Services Market Size & Forecast by Service Type (2022-2032)

5.1. Segment Dashboard
5.2. Global Equine Imaging Services Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Computed Tomography (CT)
- 5.2.2. X-ray
- 5.2.3. Ultrasound
- 5.2.4. Endoscopy
- 5.2.5. MRI
- 5.2.6. Others

Chapter 6. Global Equine Imaging Services Market Size & Forecast by Application (2022-2032)

6.1. Segment Dashboard
6.2. Global Equine Imaging Services Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Orthopedics and Traumatology
- 6.2.2. Oncology
- 6.2.3. Cardiology
- 6.2.4. Neurology
- 6.2.5. Respiratory
- 6.2.6. Dental Application
- 6.2.7. Others

Chapter 7. Global Equine Imaging Services Market Size & Forecast by Service Provider (2022-2032)

7.1. Segment Dashboard
7.2. Global Equine Imaging Services Market: Service Provider Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Veterinary Clinics & Hospitals
- 7.2.2. Academics and Research Institutes
- 7.2.3. Others

Chapter 8. Global Equine Imaging Services Market Size & Forecast by Region (2022-2032)

8.1. North America Equine Imaging Services Market
- 8.1.1. U.S. Equine Imaging Services Market
- 8.1.2. Canada Equine Imaging Services Market
- 8.1.3. Mexico Equine Imaging Services Market
8.2. Europe Equine Imaging Services Market
- 8.2.1. UK Equine Imaging Services Market
- 8.2.2. Germany Equine Imaging Services Market
- 8.2.3. France Equine Imaging Services Market
- 8.2.4. Italy Equine Imaging Services Market
- 8.2.5. Spain Equine Imaging Services Market
- 8.2.6. Denmark Equine Imaging Services Market
- 8.2.7. Sweden Equine Imaging Services Market
- 8.2.8. Norway Equine Imaging Services Market
8.3. Asia Pacific Equine Imaging Services Market
- 8.3.1. Japan Equine Imaging Services Market
- 8.3.2. India Equine Imaging Services Market
- 8.3.3. China Equine Imaging Services Market
- 8.3.4. South Korea Equine Imaging Services Market
- 8.3.5. Australia Equine Imaging Services Market
- 8.3.6. Thailand Equine Imaging Services Market
8.4. Latin America Equine Imaging Services Market
- 8.4.1. Brazil Equine Imaging Services Market
- 8.4.2. Argentina Equine Imaging Services Market
8.5. Middle East & Africa Equine Imaging Services Market
- 8.5.1. South Africa Equine Imaging Services Market
- 8.5.2. Saudi Arabia Equine Imaging Services Market
- 8.5.3. UAE Equine Imaging Services Market
- 8.5.4. Kuwait Equine Imaging Services Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Surrey Hills Equine Veterinary Practice
- 9.1.2. Moore Equine P.C.
- 9.1.3. Cornell University College of Veterinary Medicine
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Daniel Equine Services
- 9.3.2. Hagyard Equine Medical Institute
- 9.3.3. Mid-Atlantic Equine Medical Center
- 9.3.4. Rainbow Equine Hospital Limited
- 9.3.5. Chine House Veterinary Hospital Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes