Global Veterinary Imaging Market, By Product (Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents), Animal Type (Small Companion Animals, Large Animals), Application (Orthopaedics and Traumatology, Oncology, Cardiology, Neurology), End-Use (Hospitals, Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The veterinary imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 10.05% in the forecast period of 2021 to 2028. The growing number of clinical trials will help in escalating the growth of the veterinary imaging market.
Veterinary imaging is a category of veterinary medicine that is utilized by obtaining medical images of animal for diagnosis of the disease. Imaging systems for example radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and others, are utilized to diagnose diseases in companion animals, large animals, live-stock animals, and so forth.
The veterinary imaging market is projected to observe considerable amount of growth over the forecast period because of the increasing of acceptance of pets, technological developments in the veterinary imaging systems, increasing of the number of veterinary hospitals with the growing of veterinary professionals, and up surging of the expenses on animal health are chiefly propelling the growth of the veterinary imaging market. Additionally, considerable potential in the advancing countries is anticipated to provide with advantageous opportunities for the growth of the veterinary imaging market extension in the forecast period. The increasing demand for magnetic resonance imaging (MRI) for the diagnosis of several animal health conditions will cushion the growth of the veterinary imaging market. Factors such as the increase in the companion animal population, the growing need for pet insurance and rising of animal health expenses, and the escalating of number of veterinary practitioners and their increasing income levels in advanced nations are expected to further augment the growth of the veterinary imaging market in the forecast period. However, huge expenditure for veterinary imaging instruments, and increasing of pet care expenses are the factors most likely to hinder the growth of the veterinary imaging market.
meanwhile new developing market in advancing countries extend advantageous opportunities for the growth of the veterinary imaging market in the forecast period. Despite that, absence of animal healthcare knowledge in the developing countries, and dearth for skilled veterinary practitioners in the advancing nations are one of the biggest challenges posed for the growth of the veterinary imaging market.
This veterinary imaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on veterinary imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Veterinary Imaging Market Scope and Market Size
The veterinary imaging market is segmented on the basis of product, animal type, application and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the veterinary imaging market is segmented into veterinary imaging instruments, veterinary software, veterinary imaging reagents, ultrasound contrast reagents, MRI contrast reagents, X-ray/CT contrast reagents, nuclear imaging reagents. Veterinary imaging instruments is further sub segmented into radiography (X-ray) systems, ultrasound systems, computed tomography systems. magnetic resonance imaging systems, video endoscopy imaging systems, nuclear imaging scanners.
- Based on the animal type, the veterinary imaging market is segmented into small companion animals, large animals.
- Based on the application, the veterinary imaging market is segmented into orthopaedics and traumatology, oncology, cardiology, neurology.
- Based on the end use, the veterinary imaging market is segmented into hospitals, clinics.
Veterinary Imaging Market Country Level Analysis
The veterinary imaging market is analysed and market size insights and trends are provided by country, product, animal type, application and end use as referenced above.
The countries covered in the veterinary imaging market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the veterinary imaging market because of the increase in the understanding about veterinary imaging and increasing acceptance of companion animals with increase in the animal health understanding encourages the growth of the veterinary imaging market. Furthermore, growing of the disposable income, enhancement in animal health expenditure, increase in the importance of livestock animals, propelled in the need for protein-rich animal food, rise in the ingestion of meat and dairy products and increase in the number of veterinary hospitals with developed imaging systems, further propel the growth of the veterinary imaging market.
The country section of the veterinary imaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The veterinary imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for healthcare analytical testing services market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary imaging market. The data is available for historic period 2011-2019.
Competitive Landscape and Veterinary Imaging Market Share Analysis
The veterinary imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary imaging market.
The major players covered in the veterinary imaging market report are General Electric Company, Epica Animal Health, Siemens Healthcare Limited., Hitachi, Ltd, Animage LLC, Isabelle Vets, GNI ApS, SOUND, Carestream Health, GE Healthcare; Agfa-Gevaert N.V.; Carestream Health, Inc.; Esaote S.p.A (Italy), IDEXX Laboratories, Inc., Mindray Medical International Limited; Canon Inc.; Heska Corporation (US), Siemens Healthineers; FUJIFILM Holdings Corporation; Konica Minolta; Samsung Electronics Co. Ltd.; E.I. Medical Imaging; IMV imaging; SEDECAL; Clarius Mobile Health; Shenzhen Ricso Technology Co., Ltd.; DRAMIŃSKI S.A.; EPICA Animal Health; and ClearVet Digital Radiography Systems.;among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Veterinary Imaging Market
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