Canada Veterinary Ultrasound Market (2026-2031)
The Canada Veterinary Ultrasound Market was valued at $12.77 Million in 2026 and projected to reach to $18.69 Million by 2031, representing a compound annual growth rate of 7.9%. Canada's veterinary ultrasound market is positioned for steady growth through 2031, supported by increasing pet ownership rates and heightened consumer awareness of preventive healthcare.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Canada Veterinary Ultrasound Market Trends and Insights
- This growth trajectory reflects Canada's increasing investment in advanced diagnostic imaging for companion animals and livestock, driven by rising pet ownership and heightened awareness of preventive veterinary care.
- Canada's market expansion is supported by the country's robust veterinary infrastructure and growing demand for non-invasive diagnostic solutions across both urban and rural veterinary practices. The Canadian veterinary ultrasound sector is benefiting from technological advancements in portable and high-resolution imaging systems tailored to the country's diverse animal healthcare needs.
- Canada's market growth at 7.9% CAGR outpaces global trends, indicating strong regional adoption among veterinary clinics and animal hospitals.
- Between 2026 and 2031, Canada is expected to see increased penetration of ultrasound equipment in smaller practices, enhanced training programs for veterinary professionals, and greater integration of digital imaging solutions within Canada's veterinary ecosystem..
Key Market Statistics
- CAGR (2026-2031) 7.9% CAGR
- Market Size, 2026 ~USD 12.77 Million
- Forecast, 2031 ~USD 18.69 Million
- Country Canada
Canada Veterinary Ultrasound Market Overview
Market Valuation Growth :
Canada's veterinary ultrasound market is valued at $12.77 million in 2026 and is projected to reach $18.69 million by 2031, representing a robust 7.9% CAGR over the forecast period.
Pet Ownership Surge :
Rising pet ownership across Canada, particularly in urban centers like Toronto, Vancouver, and Montreal, is driving demand for advanced diagnostic imaging solutions in companion animal veterinary practices.
Preventive Care Awareness :
Canadian pet owners are increasingly prioritizing preventive veterinary care and early disease detection, creating strong demand for non-invasive ultrasound diagnostic technologies in clinics and hospitals.
Livestock & Equine Expansion :
Beyond companion animals, Canada's agricultural sector is adopting ultrasound technology for livestock and equine diagnostics, particularly in provinces with significant farming operations like Alberta and Saskatchewan.
Canada Veterinary Ultrasound Market Dynamics
- The market benefits from Canada's strong veterinary infrastructure, rising disposable incomes, and growing willingness to invest in pet diagnostics.
- Technological advancements in portable and point-of-care ultrasound systems are making these tools more accessible to smaller veterinary practices across the country. The forecast period will see continued expansion driven by livestock and equine sectors, particularly in Western Canada.
- Integration of digital imaging solutions and telemedicine capabilities in veterinary ultrasound systems will further accelerate adoption.
- Canadian veterinary clinics are increasingly upgrading their diagnostic equipment to meet evolving client expectations and competitive pressures, ensuring sustained market momentum through 2031..
Related Ecosystem
Animal Health
- Polymerase Chain Reaction (PCR) Tests
- Porcine
- Immunodiagnostics
- Lateral Flow Assays
- Microarrays
- Zoetis Inc.
- Patterson Companies, Inc.
- Virbac
- Elanco Animal Health Incorporated
- BOEHRINGER INGELHEIM GMBH
Medical Devices
- Polymerase Chain Reaction (PCR)
- Magnetic Resonance Imaging (MRI)
- Disposable Autoinjectors
- Pulse Oximeters
- Blood Pressure Monitors
- Medtronic plc
- Abbott Laboratories
- Stryker Corporation
- Becton, Dickinson and Company
- CONMED Corporation
Key Takeaways
- Canada's veterinary ultrasound market is valued at $12.77 million in 2026 and is forecast to reach $18.69 million by 2031, representing a 7.9% CAGR.
- Canada's market growth rate exceeds global averages, driven by rising pet ownership and increased demand for advanced diagnostic imaging in veterinary practices.
- Canada's veterinary sector is adopting portable and high-resolution ultrasound systems, expanding access to diagnostic capabilities across urban and rural clinics.
- Technological innovation and enhanced veterinary professional training are key growth drivers positioning Canada as a strong market for veterinary ultrasound equipment through 2031.
Veterinary Ultrasound Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | ORTHOPEDICS (Application) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 7.6% from 2026 to 2031 |
| Largest Segment | DIGITAL IMAGING (Technology) |
| Market Size Base Year (Billions) | ~USD 0.47 (2026) |
| Revenue Forecast (Billions) | ~USD 0.68 (2031) |
| Segments Covered | Type, Technology, Animal Type, Application, End User, Product, Equipment Type |
Canada Veterinary Ultrasound Market Report Segmentation
7 segment dimensions are covered across the global market.
By Type
- 2D
- 3D/4D
- Bovine
- Cart-Based
- Cat
- Cats
- Dog
- Dogs
- Doppler
- Equine
- Other Large Animals
- Other Small Companion Animals
- Portable
- Swine
By Technology
- Contrast Imaging
- Digital Imaging
By Animal Type
- Large Animals
- Large Farm Animals
- Other Animals
- Small Companion Animals
By Application
- Cardiology
- Obstetrics/Gynecology
- Orthopedics
- Other Applications
By End User
- Other End Users
- Veterinary Academic Institutes
- Veterinary Clinics
- Veterinary Hospitals
By Product
- Accessories & Consumables
- Equipment
- Software
By Equipment Type
- Cart-Based
- Portable
CANADA: VETERINARY ULTRASOUND MARKET, BY END USER, 2024–2031
| Segment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|
| OTHER END USERS | 1.15 | 1.2 | 1.29 | 1.39 | 1.49 | 1.61 | 1.74 | 1.88 | 7.8 |
| VETERINARY ACADEMIC INSTITUTES | 1.99 | 2.07 | 2.22 | 2.38 | 2.55 | 2.74 | 2.95 | 3.17 | 7.4 |
| VETERINARY CLINICS | 10.42 | 10.93 | 11.74 | 12.65 | 13.65 | 14.74 | 15.93 | 17.24 | 8 |
| VETERINARY HOSPITALS | 6.32 | 6.66 | 7.19 | 7.78 | 8.43 | 9.15 | 9.93 | 10.79 | 8.5 |
| TOTAL | 19.88 | 20.86 | 22.44 | 24.19 | 26.13 | 28.24 | 30.55 | 33.08 | 8.1 |
Target Audience
- Veterinary Equipment Manufacturers : Manufacturers need Canada-specific market data to assess market size, growth potential, and competitive opportunities for ultrasound equipment distribution and sales expansion in the Canadian veterinary sector.
- Veterinary Clinic Owners & Operators : Clinic owners require market insights to justify capital investments in ultrasound technology, understand adoption trends among peers, and make informed purchasing decisions aligned with market growth.
- Medical Device Distributors : Distributors need Canada market intelligence to evaluate partnership opportunities, forecast demand, and develop effective sales strategies for veterinary ultrasound products across provinces.
- Investment & Private Equity Firms : Investors seeking to fund veterinary healthcare companies or equipment suppliers need Canada-specific market data to assess growth potential, valuation benchmarks, and return on investment opportunities.
- Veterinary Healthcare Consultants : Consultants advising veterinary practices and healthcare organizations require detailed Canada market analysis to provide evidence-based recommendations on technology adoption and business strategy.
Key Companies in the Canada Veterinary Ultrasound Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| GE HEALTHCARE | United States | Public Company | Imaging,Advanced Visualization Solutions (AVS),Patient Care Solutions (PCS), |
| ESAOTE S.P.A. | Italy | Private Company | Ultrasound diagnostic imaging systems,Magnetic resonance imaging systems,Healthcare IT software applications, |
| SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. | China | Public Company | Patient monitoring & life support (monitoring, ventilators, defibrillation, AED),Ultrasound & medical imaging (ultrasound, radiology, endoscope camera systems),Anesthesia, OR infrastructure & surgical solutions, |
| SAMSUNG ELECTRONICS CO. LTD. | South Korea | Public Company | Smartphones, tablets, wearables, and accessories,Memory, foundry, and system LSI,TVs, monitors, and display panels (including SDC), |
| SIEMENS HEALTHINEERS AG | Germany | Public Company | Imaging,Diagnostics,Varian (Oncology), |
| FUJIFILM HOLDINGS CORPORATION | Japan | Public Company | Healthcare (medical devices, CDMO, pharma, regenerative, cosmetics/supplements),Business Innovation (office equipment, document services, graphic communications),Electronics (display, semiconductors, storage, industrial equipment, fine chemicals), |
| BUTTERFLY NETWORK, INC. | United States | Public Company | Butterfly iQ+ and iQ3 handheld ultrasound,Butterfly Move and specialty devices (iQ+ Bladder),Software, AI, and workflow (Compass AI, ScanLab), |
| LEPU MEDICAL TECHNOLOGY | China | Public Company | Medical Devices (cardiovascular, IVD, surgical, peripheral, blood purification, ultrasound, orthopedics),Pharmaceuticals (cardiovascular-focused plus multi-system portfolio),Medical Services and Health Management (services, AI, home appliances, aesthetics, daily chemical), |
| CHISON MEDICAL TECHNOLOGIES CO., LTD. | China | Public Company | Cart-based color ultrasound systems,Portable laptop-style ultrasound systems,Handheld ultrasound systems, |
| EDAN INSTRUMENTS, INC. | China | Public Company | ECG and Cardiology Systems,Patient Monitoring and Vital Signs,Ultrasound Systems, |
| SONOSCAPE MEDICAL CORP. | China | Public Company | Ultrasound medical imaging (trolley, portable, B/W, transducers),Endoscopic diagnosis and treatment (GI, pulmonology, EUS, duodenoscopes, processors),Minimally invasive surgery (camera systems, flexible endoscopes), |
GE HEALTHCARE
GE Healthcare is a United States-based public company founded in 2022 with 54,000 employees. The company operates in the healthcare sector.
ESAOTE S.P.A.
Esaote S.p.A. is an Italian private company founded in 1982 with 1,067 employees. The company operates in the medical device and healthcare technology sector.
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. is a Chinese public company founded in 1991 with 21,288 employees. The company manufactures medical devices and diagnostic equipment.
SAMSUNG ELECTRONICS CO. LTD.
Samsung Electronics Co. Ltd. is a South Korean public company founded in 1969 with 128,735 employees. The company is a diversified electronics manufacturer with operations across multiple industries.
SIEMENS HEALTHINEERS AG
Siemens Healthineers AG is a German public company founded in 1896 with 72,369 employees. The company is a leading provider of medical imaging, diagnostics, and healthcare IT solutions.
FUJIFILM HOLDINGS CORPORATION
Fujifilm Holdings Corporation is a Japanese public company founded in 1934 with 73,526 employees. The company operates across imaging, healthcare, and industrial technology sectors.
BUTTERFLY NETWORK, INC.
Butterfly Network, Inc. is a United States-based public company founded in 2011 with 220 employees. The company develops portable ultrasound imaging technology and digital health solutions.
LEPU MEDICAL TECHNOLOGY
Lepu Medical Technology is a Chinese public company founded in 1999 with 8,689 employees. The company manufactures medical devices and cardiovascular intervention products.
CHISON MEDICAL TECHNOLOGIES CO., LTD.
Chison Medical Technologies Co., Ltd. is a Chinese public company founded in 1996 with 467 employees. The company specializes in ultrasound imaging equipment and medical devices.
EDAN INSTRUMENTS, INC.
Edan Instruments, Inc. is a Chinese public company founded in 1995 with 2,475 employees. The company manufactures patient monitoring and diagnostic medical equipment.
SONOSCAPE MEDICAL CORP.
Sonoscape Medical Corp. is a Chinese public company founded in 2002 with 3,133 employees. The company manufactures ultrasound imaging systems and medical diagnostic equipment.
Reasons to Buy this Report
- Market Size & Growth Data : Access precise valuation figures for Canada's veterinary ultrasound market with detailed CAGR analysis, enabling accurate financial forecasting and investment decision-making specific to the Canadian market.
- Regional Opportunity Assessment : Identify high-growth provinces and urban centers in Canada where veterinary ultrasound adoption is accelerating, allowing targeted market entry and expansion strategies for your business.
- Competitive Landscape Intelligence : Understand Canada-specific market dynamics, key drivers, and barriers to entry that differentiate this market from global trends, providing actionable insights for competitive positioning.
- Segment-Specific Insights : Gain detailed understanding of companion animal, livestock, and equine ultrasound segments within Canada, enabling product development and marketing strategies tailored to each veterinary sector.
- Strategic Planning Support : Leverage Canada-focused market data to develop realistic business plans, pricing strategies, and go-to-market approaches that account for local regulatory, economic, and consumer behavior factors.
Frequently asked questions
What is the current size of Canada's veterinary ultrasound market?
Canada's veterinary ultrasound market is valued at $12.77 million in 2026 and is expected to grow to $18.69 million by 2031.
What is the projected growth rate for Canada's veterinary ultrasound market?
Canada's veterinary ultrasound market is projected to grow at a compound annual growth rate (CAGR) of 7.9% from 2026 to 2031.
What factors are driving growth in Canada's veterinary ultrasound market?
Key drivers include rising pet ownership, increased awareness of preventive veterinary care, technological advancements in portable imaging systems, and expansion of diagnostic capabilities in Canadian veterinary practices.
How does Canada's veterinary ultrasound market compare to global trends?
Canada's market growth rate of 7.9% CAGR exceeds the global average of 7.6%, indicating stronger regional adoption and demand for veterinary ultrasound equipment.
Which segments of Canada's veterinary market are adopting ultrasound technology?
Both urban veterinary clinics and rural animal hospitals in Canada are increasingly adopting ultrasound systems, with growing penetration in smaller practices and enhanced integration of digital imaging solutions.
RESEARCH METHODOLOGY
This research study extensively utilized both primary and secondary sources. It involved analyzing various factors influencing the industry to identify segmentation types, industry trends, key players, the competitive landscape, key market dynamics, and strategies employed by key players.
Secondary Research
This research study utilized a variety of comprehensive secondary sources, including directories, databases such as Bloomberg Business, Factiva, and Dun & Bradstreet, white papers, annual reports, company house documents, investor presentations, and SEC filings from various companies. Secondary research was employed to gather information crucial for an in-depth, technical, market-oriented, and commercial analysis of the veterinary ultrasound market. This approach also helped identify key players in the industry and allowed for classification and segmentation based on emerging trends at the most detailed level. Furthermore, significant developments pertaining to both market and technological perspectives were documented. A database of primary industry leaders was created as part of this secondary research.
Primary Research
In the primary research process, we interviewed a range of sources from both the supply and demand sides to gather qualitative and quantitative information for this report. Primary sources from the supply side include project/sales/marketing/business development managers, presidents, CEOs, vice presidents, chairpersons, chief operating officers, chief strategy officers, directors, chief information officers, and chief medical information officers related to the veterinary ultrasound market. Primary sources from the demand side include general veterinary clinicians and specialists, managers of veterinary clinics and referral hospitals, R&D and product development teams, and procurement and purchasing teams within veterinary practices and hospitals.
Note 1: C-level executives include CEOs, COOs, CTOs, and VPs.
Note 2: Other designations include sales, marketing, and product managers.
Note 3: Tiers are defined based on a company’s total revenue. As of 2025: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The total size of veterinary ultrasound market was determined after data triangulation from three approaches, as mentioned below. After each approach, the weighted average of the three approaches was taken based on the level of assumptions used in each approach.
Data Triangulation
After arriving at the market size, the total market was divided into several segments and subsegments. Data triangulation and market breakdown procedures were employed wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Market Definition
The veterinary ultrasound market comprises the development, manufacturing, and use of ultrasound imaging systems and related accessories designed for diagnostic and monitoring applications in animals. These systems are widely used across companion and production animals for real-time, non-invasive imaging in areas such as abdominal, cardiac, reproductive, and musculoskeletal diagnostics, supporting early disease detection, treatment planning, and preventive veterinary care.
Key Stakeholders
- Veterinary ultrasound manufacturers and distributors
- Veterinary R&D companies
- Veterinary reference laboratories
- Government associations
- Market research & consulting firms
- Venture capitalists & investors
- Veterinary hospitals & clinics
- Veterinary research & academic institutes
- Diagnostic centers
Report Objectives
- To define, describe, segment, and forecast the veterinary ultrasound market by type, product, technology, animal type, application, end user and region
- To provide detailed information about the factors influencing market growth (such as drivers, restraints, opportunities, and challenges)
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall veterinary ultrasound market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of the veterinary ultrasound market in five main regions (along with their respective key countries): North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
- To profile the key players in the veterinary ultrasound market and comprehensively analyze their core competencies and market shares
- To track and analyze competitive developments such as acquisitions, product launches, expansions, collaborations, agreements, and partnerships
Available customizations:
With the given market data, MarketsandMarkets offers customizations to meet yourcompany’s specific needs. The following customization options are available for the report:
Company Information
Geographic Analysis
-
Detailed analysis and profiling of additional market players (up to 5)
- Further breakdown of the Rest of Europe veterinary ultrasound market into Austria, Finland, Switzerland, and other countries
-
Further breakdown of the Rest of Latin America veterinary ultrasound market into Colombia, Chile, and other countries
Competitive Landscape Assessment
- Market share analysis for North America and Europe, which provides market shares of the top 3–5 key players in the veterinary ultrasound market
- Competitive leadership mapping for established players in the US
Get the Full Veterinary Ultrasound Market Report
Full forecast, segment splits, and company analysis for all Veterinary Ultrasound Market.
- US Veterinary Ultrasound Market
- Germany Veterinary Ultrasound Market
- UK Veterinary Ultrasound Market
- France Veterinary Ultrasound Market
- Italy Veterinary Ultrasound Market
- Spain Veterinary Ultrasound Market
- Russia Veterinary Ultrasound Market
- Sweden Veterinary Ultrasound Market
- Norway Veterinary Ultrasound Market
- Japan Veterinary Ultrasound Market
- China Veterinary Ultrasound Market
- India Veterinary Ultrasound Market
- Australia Veterinary Ultrasound Market
- South Korea Veterinary Ultrasound Market
- Thailand Veterinary Ultrasound Market
- New Zealand Veterinary Ultrasound Market
- Brazil Veterinary Ultrasound Market
- Mexico Veterinary Ultrasound Market
- Rest Of Europe Veterinary Ultrasound Market
- Rest Of Asia Pacific Veterinary Ultrasound Market
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