Veterinary Imaging Market: Setting New Standards with Unmatched Customer Experiences

Emergen Research has recently published a new report on the Global Veterinary Imaging Market that offers key insights about the regional and global scope of the Veterinary Imaging market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period.

Veterinary imaging involves the use of imaging modalities such as X-rays, ultrasound, computed tomography (CT), magnetic resonance imaging (MRI), and nuclear imaging to diagnose and monitor diseases in animals. To provide statistical insights, the American Veterinary Medical Association (AVMA) estimates that around 57% of households in the United States own pets. Additionally, according to the British Small Animal Veterinary Association (BSAVA), diagnostic imaging accounts for approximately 20% of all veterinary procedures in the UK.

According to the most recent analysis by Emergen Research, the size of the worldwide veterinary imaging market reached USD 1.65 billion in 2021 and is anticipated to grow at a revenue CAGR of 6.1% during the projected period. The market is driven by factors such as the increasing pet adoption rates, growing prevalence of animal diseases, advancements in imaging technology, and the rising focus on animal healthcare.

One of the primary drivers behind the growth of the veterinary imaging market is the increasing pet ownership worldwide. Pets have become integral members of many families, and their owners are willing to invest in their healthcare. This has led to a higher demand for diagnostic services and imaging procedures in veterinary clinics and hospitals. Additionally, the increasing awareness about the benefits of early disease detection and the availability of advanced imaging technologies have further propelled the growth of the veterinary imaging market.

The growing prevalence of animal diseases is another significant driver for the veterinary imaging market. Animals, just like humans, are susceptible to various health conditions, including orthopedic disorders, cancers, cardiovascular diseases, and neurological disorders. Veterinary imaging plays a crucial role in the early detection, diagnosis, and monitoring of these diseases. With the advancements in imaging technology, veterinarians are able to obtain high-quality images for accurate diagnosis and effective treatment planning.

However, the veterinary imaging market also faces certain restraints. One of the key challenges is the high cost associated with imaging equipment and procedures. Veterinary imaging equipment, such as X-ray machines and MRI scanners, can be expensive to acquire and maintain. Moreover, the need for trained professionals to operate these sophisticated imaging systems adds to the overall cost. These cost-related factors can limit the adoption of veterinary imaging services, particularly in regions with limited financial resources.

Several growth factors are expected to drive the veterinary imaging market in the coming years. Firstly, the increasing investments in research and development activities aimed at advancing imaging technology for veterinary applications are fueling market growth. Innovations such as portable and handheld imaging devices, three-dimensional (3D) imaging, and contrast-enhanced imaging techniques are expanding the capabilities and improving the accessibility of veterinary imaging. These advancements are driving the demand for imaging services in veterinary practices.

Furthermore, the rising focus on animal healthcare and the availability of pet insurance coverage are contributing to the growth of the veterinary imaging market. Pet owners are increasingly recognizing the importance of regular health check-ups and early disease detection for their animal companions. Moreover, the inclusion of imaging services in pet insurance plans provides financial support for diagnostic procedures, encouraging pet owners to seek veterinary imaging services when necessary.

The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as ESAOTE SPA, SOUND, General Electric Company, UNIVERSAL SOLUTIONS, INC., FUJIFILM Holdings America Corporation, Carestream Health., Koninklijke Philips N.V., Siemens Healthcare GmbH, Agfa-Gevaert Group, Heska Corporation

Additional information offered by the report:

Along with a complete overview of the global Veterinary Imaging Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Veterinary Imaging Market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key Market contenders.

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Veterinary Imaging Market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.

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You need to discover how this will impact the Veterinary Imaging Market today, and over the next 10 years:

Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them – Now.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Veterinary Imaging market expected to boost the growth of the industry in the coming years.

Veterinary Imaging Market Segmentation:

Product Type Outlook (Revenue, USD Billion; 2019-2030)
- X-ray
- Computed Tomography (CT) Systems
- Ultrasound
- Magnetic Resonance Imaging (MRI)
- Others

Animal Type Outlook (Revenue, USD Billion; 2019-2030)
- Livestock
  1. Poultry
  2. Cattle
  3. Others (horses, goat, camel, and others)
- Companion
  1. Cats
  2. Dogs
- Aquaculture
- Others

Application Outlook (Revenue, USD Billion; 2019-2030)
- Oncology
- Cardiology
- Neurology
- Orthopedics
- Others

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Highlights of Table of Contents (TOC):

Overview of Global Veterinary Imaging Market
Competitive analysis of the Veterinary Imaging Market
Regional analysis of Global Veterinary Imaging Market production and revenue
Regional analysis of Global Veterinary Imaging Market supply, consumption, and export import
Type-based market analysis of global Veterinary Imaging production, revenue, and price trends
Application-based analysis of the global Veterinary Imaging Market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Veterinary Imaging Market
Conclusion of the research report
Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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