Over the projected period of 2022–2030, the global Veterinary Imaging Market is anticipated to grow at a CAGR of 6.6%, from US$ 2.02 billion in 2022 to US$ 3.37 billion by 2030.
Global veterinary imaging market revenues will reach US$ 3.37 Bn by 2030, according to a study by Future Market Insights (FMI). The research study analyzes veterinary imaging market growth through 2030, in over 20+ countries. The study also offers incisive insights on key strategies of some of the leading players in the market.
According to the study, veterinary diagnostics market is witnessing investments, as pet humanization trend gains traction. Growing focus and government mandates on maintaining animal health is also likely to provide a boost to market growth.
Get Full Access: https://www.futuremarketinsights.com/reports/veterinary-imaging-market?utm_source=4018419&utm_medium=Sanket
The growth of the animal and pet care category as a whole will also spur growth. According to estimates from NAPHIA, the spending on pet food, pet insurance, and pet therapeutics have witnessed an increase in the recent past. The pet food category has in fact grown despite the Covid-19 crisis.
The broader gains in this market are likely to rub off on veterinary imaging market as well during the assessment period.
List of Key Players Covered in Veterinary Imaging market are:
Esaote
IDEXX Laboratories, Inc.
IMV Technologies group
Carestream Health
Hallmarq Veterinary Imaging Ltd.
MinXray, Inc.
Universal Medical Systems, Inc.
Agfa- Gevaert N.V.
Mindray Medical International Ltd.
GE Healthcare
Siemens AG
The key market players are emphasizing on creating awareness about veterinary imaging devices to enter the untapped markets. For instance – in Oct 2018, GE Healthcare announced having inked a strategic agreement with SonoSim for encouraging training regarding ultrasound services.
“Technological advancements along with inorganic expansion are creating new strides for the veterinary imaging market. These trends are bound to catapult the veterinary imaging market to growth between 2022 and 2030”- says the FMI analyst.
Key Takeaways
Animal healthcare being a costly affair, people are shifting their gears to pet insurance
The veterinary imaging market is driven by an ever-increasing number of veterinarians adopting imaging devices with reagents associated with them, which include PET, MRI, X-Ray radiology devices, and CT scanners
Multi-slice CT scan systems expected to drive the market in the forecast period
Asia-Pacific is slowly picking up with people turning the tide in favour of pet care
Adoption of magnetic resonance imaging (MRI) systems continue to grow at a steady pace
Key Segments:
Veterinary Imaging Market by Product Type:
Veterinary Imaging Equipment
Radiography (X-ray) Systems
Computed Radiography
Film-based Radiography
Ultrasound Imaging Systems
2D US Imaging
3D US Imaging
Magnetic Resonance Imaging Systems
Computed Tomography Systems
Single-slice CT
Multi-slice CT
Video Endoscopy Imaging Systems
Others
Veterinary Imaging Software
Veterinary Imaging Reagents
Ultrasound Contrast Reagents
MRI Contrast Reagents
X-Ray/CT Contrast Reagents
Nuclear Imaging Reagents
Veterinary Imaging Market by Animal Type:
Small Animals
Large Animals
Veterinary Imaging Market by Application:
Cardiology
Orthopedics
Neurology
Oncology
Others
Veterinary Imaging Market by End User:
Veterinary Clinics
Veterinary Hospitals
Veterinary Institutes and Research Centers
Veterinary Imaging Market by Region:
North America Veterinary Imaging Market
Latin America Veterinary Imaging Market
Europe Veterinary Imaging Market
East Asia Veterinary Imaging Market
South Asia & Pacific Veterinary Imaging Market
Middle East & Africa (MEA) Veterinary Imaging Market