Veterinary Imaging Market is estimated to be US$ 3.00 billion by 2030 with a CAGR of 7.3% during the forecast period
Veterinary
Imaging Market accounted for
US$ 1.5 billion in 2020 and is estimated to be US$ 3.00 billion by 2030 and is
anticipated to register a CAGR of 7.3%. Veterinary imaging is a branch of
veterinary medicine, veterinary imaging is used to obtain different medical
images of animals for diagnosis of various chronic diseases. This veterinary
imaging instrument is in high demand due to the increase in pet adoption and
pet owners' focus on pet health. Veterinary imaging system is included various
type of Imaging systems such as radiography, X-ray, MRI, CT imaging, endoscopy
imaging, and ultrasound imaging ,this system is used to diagnose diseases
in livestock animals, companion animals, and large animals. Scanning is used to
treat brain abnormalities, spinal herniation, brain tumors, brain and spinal
cord trauma, ligament and tendon related problems in animals. Diagnostic
imaging provides accurate information about structural or disease related
changes. Increasing costs of pet insurance and animal health are increasing the
demand for veterinary imaging. High demand for dairy and meat products, rising
population of livestock, increase in awareness in pet owners regarding better
treatments for pets, and increase in adoption of pets are other factors
expected to drive growth of the global veterinary imaging market over the
forecast period.
The
report " Global Veterinary Imaging Market, By Product (Instrument,
Reagents, Services), By Animal (Large Animals, Small Companion Animals, Others
(Exotic Animals & Birds)), By Applications (Oncology, Orthopaedics and
Traumatology, Neurology, Cardiology, Other (ophthalmology & dentistry)), By
End User (Clinics & Hospitals, Reference Labs, and Other and By Region
(North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa) - Market Trends, Analysis, and Forecast till 2030’’
Key Highlights:
In August 2022, SignalPET revolutionizes
in-clinic diagnostics in the UK with AI powered radiology for IVC Evidensia.--
Evidensia has adopted new technology this technology is uses artificial
intelligence to provide accurate and exceedingly rapid radiology readings,
slashing diagnostic time from days to minutes. The point-of-care radiology
technology, developed and patented by SignalPET, sends X-rays films through an AI
Machine Learning technology to get the results back instantly, much quicker
than sending them to a radiology specialist to analyze results, which can take
up to three days.
Analyst View:
Veterinary imaging is a field of veterinary
medicine that involves the collection of medical images of animals to diagnose
diseases, bone fractures. And this imaging identify the problem in bones as
well as tissues and can help with find out nerve damage and dysfunction.
Increasing pet adoption and increase in the number of veterinarians worldwide
is expected to increase the demand for these systems. The veterinary imaging
market is expected to grow due to increased insurance coverage for domestic as
well as livestock animals, due to high cost associated with imaging systems.
Browse 60 market data tables*
and 35 figures* through 140 slides and in-depth TOC on “Global Veterinary
Imaging Market, By Product (Instrument, Reagents, Services), By Animal (Large
Animals, Small Companion Animals, Others (Exotic Animals & Birds)), By
Applications (Oncology, Orthopaedics and Traumatology, Neurology, Cardiology,
Other (ophthalmology & dentistry)), By End User (Clinics & Hospitals,
Reference Labs, and Other) and By Region (North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa) - Market Trends, Analysis, and
Forecast till 2030”
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Key Market Insights from the report:
Global Veterinary Imaging Market accounted for
US$ 1.5 billion in 2020 and is estimated to be US$ 3.00 billion by 2030 and is
anticipated to register a CAGR of 7.3%. The Global Veterinary Imaging
Market is segmented based on Product, Animal, Application, End User and Region.
·
Based on
Product, Global Veterinary Imaging Market is segmented into Instrument,
Reagents, and Services.
·
Based on
Animal, Global Veterinary Imaging Market is segmented into Large Animals, Small
Companion Animals, Others (Exotic Animals & Birds).
·
Based on
Application, Global Veterinary Imaging Market is segmented into Oncology,
Orthopaedics and Traumatology, Neurology, Cardiology, Other (ophthalmology
& dentistry.
·
Based on End
User, Global Veterinary Imaging Market is segmented into Clinics &
Hospitals, Reference Labs, and Other.
·
By Region, the
Global Veterinary Imaging Market is segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of
Global Veterinary Imaging Market:
The prominent players operating in the Global
Veterinary Imaging Market include GE Healthcare, Agfa Gevaert N.V., Carestream
Health, Inc., Esaote S.p.A, IDEXX Laboratories, Inc., Mindray Medical
International Limited, Canon Inc., Siemens Healthineers, FUJIFILM Holdings
Corporation, Samsung Electronics Co. Ltd.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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Some Important Points Answered in this Market
Report Are Given Below:
·
Explains an
overview of the product portfolio, including product development, planning, and
positioning
·
Explains
details about key operational strategies with a focus on R&D strategies,
corporate structure, localization strategies, production capabilities, and financial
performance of various companies.
·
Detailed
analysis of the market revenue over the forecasted period.
·
Examining
various outlooks of the market with the help of Porter’s five forces analysis,
PEST & SWOT Analysis.
·
Study on the
segments that are anticipated to dominate the market.
·
Study on the
regional analysis that is expected to register the highest growth over the
forecast period
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