Germany Veterinary MRI Market Size, Share, and COVID-19 Impact Analysis, By Animal Type (Small Animals, Large Animals), By Solution (MRI Scanner, Software & Services, and Accessories/ Consumables), and Germany Veterinary MRI Market Insights, Industry Trend, Forecasts to 2035.

Germany Veterinary MRI Market Insights Forecasts to 2035

• The Germany Veterinary MRI Market Size was estimated at USD 14.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.38% from 2025 to 2035
• The Germany Veterinary MRI Market Size is Expected to Reach USD 31.5 Million by 2035

According to a research report published by Spherical Insights & Consulting, the Germany Veterinary MRI Market is anticipated to reach USD 31.5 million by 2035, growing at a CAGR of 7.38% from 2025 to 2035. Germany's veterinary MRI market opportunities are the result of an increase in pet ownership, demand for advanced diagnostics, integration of AI, growth of specialty veterinary hospitals, and heightened awareness of early disease detection among the public.

Market Overview

The Germany Veterinary MRI Market is a part of the animal healthcare industry that deals with the use of magnetic resonance imaging systems for diagnosing diseases in both companion animals and large animals. The market is supported by the excellent veterinary infrastructure of Germany, high pet ownership, and the increasing importance of diagnostic accuracy. Veterinary MRI is the preferred method for neurological, orthopedic, and soft tissue examindog and horse. The market is driven by the rising awareness of early disease detection, increased pet healthcare spending, and the availability of specialized veterinary hospitals. The market is also being further expanded by technological processes such as compact MRI systems, enhanced imaging software, and AI-assisted diagnostics. Cooperating between manufacturers of veterinary equipment and clinics is becoming a strong point for the availability of services throughout Germany.

Report Coverage

This research report categorizes the market for the Germany veterinary MRI market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany veterinary MRI market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany veterinary MRI market.

Driving Factors

The veterinary MRI market in Germany offers a variety of investment opportunities, primarily the advancements and innovations in imaging technologies for pets, including MRI machines that are specifically made for veterinary use. The uplift in concern for pet health and happiness has resulted in more demand for the industry specialized diagnostic tools and services which, in turn, makes investing in veterinary MRI solutions providers more lucrative as the market gets bigger.

Restraining Factors

One of the biggest issues in the Germany veterinary MRI market is the high price of purchasing and taking care of MRI machines. The considerable outlay for these modern imaging systems may be hard to prove and thus not justifiable for the veterinary clinics and hospitals, especially for the smaller practices with limited resources. Additionally, the requirement of the special training to use and read the MRI scans makes the situation even more complicated by adding another layer of difficulties.

Market Segmentation

The Germany veterinary MRI market share is classified into animal type and solution.

• The small animals segment dominated the market in 2024, approximately 70.9% and is projected to grow at a substantial CAGR during the forecast period.

The Germany veterinary MRI market is segmented by animal type into small animals and large animals. Among these, the small animals segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising pet ownership trend has led to the increased spending on companion animal healthcare, the higher prevalence of neurological and orthopedic disorders, the greater number of clinics specializing in such conditions, and lastly, the awareness of advanced diagnostic imaging for pets which is on the rise, all contributing to the phenomenon.

• The MRI scanner segment dominated the market in 2024, approximately 41.3% and is projected to grow at a substantial CAGR during the forecast period.

The Germany veterinary MRI market is segmented by solution into MRI scanner, software & services, and accessories/ consumables. Among these, the MRI scanner segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment is primarily influenced by the need for precise animal diagnosis now more than ever, the rising take-up of cutting-edge and small-sized MRI systems, establishing more veterinary hospitals with expertise, and improvements in technology, coupled with the allocation of funds for high-end imaging machines in Germany.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany veterinary MRI market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Siemens Healthineers
• Esaote S.p.A.
• GE Healthcare
• Canon Medical Systems
• Hallmarq Veterinary Imaging
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany Veterinary MRI Market based on the below-mentioned segments:

Germany Veterinary MRI Market, By Solution

• MRI Scanner
• Software & Services
• Accessories/ Consumables

Germany Veterinary MRI Market, By Animal Type

• Small Animals
• Large Animals