#Veterinary Diagnostic Imaging Market Forecast

[cmipooja]

Global Veterinary Diagnostic Imaging Market Is Estimated To Witness High Growth Owing To Technological Advancements

The global Veterinary Diagnostic Imaging Market is estimated to be valued at US$ 900.4 Mn in 2022 and is expected to exhibit a CAGR of 7.32% over the forecast period, as highlighted in a new report published by Coherent Market Insights. Market Overview: Veterinary diagnostic imaging involves the use of various imaging modalities to diagnose diseases in animals. These imaging techniques include X-ray, ultrasound, CT scan, MRI, and others. These tools provide clear and detailed images of internal organs, bones, and tissues, enabling veterinarians to make accurate diagnoses and provide effective treatments. The use of veterinary diagnostic imaging has several advantages, including non-invasive procedures, early detection of diseases, and improved treatment planning. The growing need for accurate and timely diagnosis of animal diseases is driving the demand for veterinary diagnostic imaging products. Market Key Trends: One key trend in the global Veterinary Diagnostic Imaging Market is technological advancements in imaging modalities. With advancements in imaging technology, veterinary practitioners can now obtain higher resolution images in a shorter time. For example, the introduction of digital radiography allows veterinarians to capture high-quality images with reduced radiation exposure for animals. Furthermore, developments in ultrasound technology have resulted in portable devices with improved image quality and capabilities. These technological advancements are enhancing the accuracy and efficiency of veterinary diagnostic imaging, leading to better clinical outcomes. PEST Analysis: Political: The veterinary diagnostic imaging market is influenced by government regulations related to animal healthcare and diagnostics. For instance, the FDA regulates the use of imaging modalities in veterinary medicine to ensure patient safety and effectiveness. Economic: The rising pet ownership and increasing expenditure on pet healthcare are driving the growth of the veterinary diagnostic imaging market. The strong economic growth in emerging markets is also contributing to market expansion. Social: The growing awareness about animal welfare and the rising demand for pet insurance are positively impacting the veterinary diagnostic imaging market. Moreover, the increasing prevalence of zoonotic diseases is driving the need for accurate and timely diagnosis in animals. Technological: Technological advancements in imaging modalities, such as digital radiography and ultrasound, are revolutionizing veterinary diagnostic imaging. These advancements are improving image quality, reducing radiation exposure, and increasing the speed of diagnosis. Key Takeaways: 1: The Global Veterinary Diagnostic Imaging Market Size is expected to witness high growth, exhibiting a CAGR of 7.32% over the forecast period, due to increasing pet ownership and the rising demand for accurate and timely diagnosis in animals. Technological advancements in imaging modalities are also driving market growth. 2: North America is expected to dominate the Veterinary Diagnostic Imaging Market due to the high prevalence of pet ownership and well-established veterinary care infrastructure. Asia Pacific is projected to be the fastest-growing region, driven by increasing disposable income and growing awareness about animal health. 3: Key players operating in the global Veterinary Diagnostic Imaging Market include Esaote SPA, Epica Animal Health, IDEXX Laboratories, Carestream Health, IMV Imaging, Fujifilm Holdings Corp., Hallmarq Veterinary Imaging, and Canon Medical Systems Corporation. These players are focusing on product innovation and strategic collaborations to gain a competitive edge in the market.

[mordormr]

Blog Content: The Veterinary Eye Care Market: A Growing Sector in Animal Health

The Global Veterinary Eye Care Market is projected to reach USD 8 billion in 2024 and is expected to grow to USD 9.60 billion by 2029, reflecting a CAGR of 3.56% during the forecast period from 2024 to 2029

The veterinary eye care market is emerging as a vital segment of the broader animal health industry, reflecting a growing awareness of pet health and the increasing demand for specialized veterinary services. As pet ownership rises and the human-animal bond strengthens, the need for comprehensive eye care for animals is more important than ever.

Key Drivers of Market Growth

Rising Pet Ownership: With pet ownership on the rise globally, more animals are receiving regular veterinary care. Owners are increasingly seeking specialized services, including ophthalmology, to ensure their pets' health and well-being. This trend is particularly prominent in developed regions, where pets are often considered family members.

Increased Awareness of Eye Health: Pet owners are becoming more aware of the importance of eye health in their animals. Conditions such as cataracts, glaucoma, and retinal diseases can significantly impact an animal's quality of life. Educational initiatives by veterinarians and pet care organizations are helping to raise awareness about the signs and symptoms of eye problems.

Advancements in Veterinary Technology: The veterinary eye care market is benefiting from advancements in medical technology. New diagnostic tools and treatment options, including minimally invasive surgical techniques and advanced imaging technologies, are improving the outcomes for animals with eye conditions. These innovations are encouraging more pet owners to seek specialized care.

Aging Pet Population: As pets live longer due to improved nutrition and veterinary care, age-related eye conditions are becoming more prevalent. The growing elderly pet population is driving demand for veterinary ophthalmology services, as older animals are more susceptible to eye diseases.

Emerging Trends

Telemedicine in Veterinary Care: The rise of telemedicine is making veterinary eye care more accessible. Pet owners can consult with veterinarians remotely, allowing for quicker assessments and referrals to specialists when necessary. This trend is particularly beneficial in rural areas where specialized veterinary services may be limited.

Preventive Eye Care: There is a growing emphasis on preventive eye care, with veterinarians encouraging regular eye examinations as part of routine check-ups. This proactive approach can lead to early detection of eye issues and better treatment outcomes.

Nutraceuticals and Supplements: The market for eye health nutraceuticals and supplements is expanding. Products formulated with antioxidants and other beneficial ingredients are gaining popularity among pet owners looking to support their pets' eye health.

Challenges in the Market

Despite its growth, the veterinary eye care market faces several challenges:

Cost of Treatments: Advanced veterinary eye care can be expensive, and not all pet owners may be willing or able to invest in specialized treatments. This can lead to untreated conditions and poorer outcomes for some animals.

Limited Availability of Specialists: While the demand for veterinary ophthalmologists is increasing, there is still a shortage of specialists in certain regions. This can make it difficult for pet owners to access the care their animals need.

Future Outlook

The veterinary eye care market is expected to continue its upward trajectory in the coming years. As pet ownership continues to rise and awareness of animal health issues grows, the demand for specialized veterinary services will likely increase. The integration of technology in veterinary practices, along with a focus on preventive care, will further shape the landscape of veterinary eye care.

In conclusion, the veterinary eye care market is an essential component of the animal health industry, providing critical services that enhance the quality of life for pets. As pet owners become more informed and engaged in their animals' health, the veterinary eye care sector is poised for substantial growth and innovation.

By understanding the trends and challenges in this market, stakeholders can better position themselves to meet the evolving needs of pet owners and their beloved animals

[tamanna31]

Biopreservation Market by Regions, Type & Applications During 2023-2030

Biopreservation Market Size & Trends

The global biopreservation market size was valued at USD 2.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. 

Biopreservation is experiencing growth due to various factors such as extensive usage in hospitals and labs, rising funding assistance from government and private partners in healthcare, an upsurge in research & development, and growing advancement in terms of product development. For example, in April 2021, BioLife Solutions launched a new high-capacity controlled freezer to cater to the cell and gene therapy market, which helped the company expand its existing product portfolio. The market experienced a major hindrance during the COVID-19 pandemic with supply chain issues, unavailability of raw materials, and hindrances in research activities among other reasons. However, the pandemic also accelerated the growth of novel biologics, and vaccine technologies. Due to these factors, opportunities for biologics manufacturing and preservation are anticipated to increase, thus generating further demand for biopreservation.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Market 

Biopreservation is a process that helps maintain the integrity and functionality of biological products such as stem cells, DNA, tissues, and organs under different temperatures, thereby prolonging their lifespan outside their natural environment. Technology innovations include microarrays or incorporation of a wide range of predictive models, such as hybrid models, and various API algorithms which help reduce the time, cost and complexity of the overall process. Furthermore, the advent of multiplex cellular imaging platforms is anticipated to enhance the biopreservation ability to help understand disease progression and suggest suitable diagnostic & treatment measures to follow, specifically for cardiology, gynecology, and point-of-care applications.

In recent years, there has been an upsurge in demand for use of biopreservation to develop biological products in R&D of various sectors such as immunotherapies, vaccine production, antibody production, enzyme technology, and biologically produced chemicals. This impact is due to the rising number of chronic disease incidences globally. For instance, according to the Centers for Disease Control and Prevention, cardiovascular disorders and cancer are among the leading causes of disease-related mortality in adults in the U.S.  

Furthermore, the government and private sectors have shown interest and supported funding activities in research & development, leading to immense market developments. In recent years, the growing demand for preserving stem cells and developing biological medicines and products has gained investors' focus in this field. This considerable healthcare spending is expected to fuel market growth during the forecast period.

However, the growing biopreservation market is associated with challenges such as the unavailability of skilled professionals and the lack of stringent cybersecurity measures. The high cost of labor training and software standardization are some of the contributing factors. These challenges could potentially impact overall market growth.

Biopreservation Market Segmentation

Grand View Research has segmented the global biopreservation market report on the basis of product, application, and region:

Product Outlook (Revenue, USD Billion, 2018 - 2030)

Equipment

Freezers

Refrigerators

Consumables

Vials

Straws

Microtiter Plates

Bags

Liquid Nitrogen

Media

Pre-formulated

Home-brew

Laboratory Information Management System (LIMS)

Application Outlook (Revenue, USD Billion, 2018 - 2030)

Regenerative Medicine

Cell Therapy

Gene Therapy

Others

Bio-banking

Human Eggs

Human Sperms

Veterinary IVF

Drug Discovery

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

China

Japan

India

Australia

Thailand

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East and Africa (MEA)

South Africa

Saudi Arabia

UAE

Kuwait

Browse through Grand View Research's Biotechnology Industry Research Reports.

The global optical genome mapping market size was valued at USD 104.1 million in 2023 and is expected to grow at a CAGR of 26.76% from 2024 to 2030. 

The global therapeutic drug monitoring market size was valued USD 1.80 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. 

Key Companies & Market Share Insights

Key players in the market are opting for strategic initiatives, funding facilities for geographical expansion, partnerships, mergers and acquisitions in key regions. For instance, in January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service in Qatar to provide researchers the access to high-quality tissue samples. Some of the key players in the biopreservation market include:

Azenta US, Inc.

Biomatrica, Inc.

BioLife Solutions

MVE Biological Solutions

LabVantage Solutions, Inc.

Taylor-Wharton.

Thermo Fisher Scientific, Inc.

Panasonic Corporation

X-Therma Inc.

PrincetonCryo.

Stirling Ultracold 

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[industrynewsupdates]

Biopreservation Market Size, Share, Growth Analysis And Forecast, 2030

The global biopreservation market size was valued at USD 2.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. 

Biopreservation is experiencing growth due to various factors such as extensive usage in hospitals and labs, rising funding assistance from government and private partners in healthcare, an upsurge in research & development, and growing advancement in terms of product development. For example, in April 2021, BioLife Solutions launched a new high-capacity controlled freezer to cater to the cell and gene therapy market, which helped the company expand its existing product portfolio. The market experienced a major hindrance during the COVID-19 pandemic with supply chain issues, unavailability of raw materials, and hindrances in research activities among other reasons. However, the pandemic also accelerated the growth of novel biologics, and vaccine technologies. Due to these factors, opportunities for biologics manufacturing and preservation are anticipated to increase, thus generating further demand for biopreservation.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Market 

Biopreservation is a process that helps maintain the integrity and functionality of biological products such as stem cells, DNA, tissues, and organs under different temperatures, thereby prolonging their lifespan outside their natural environment. Technology innovations include microarrays or incorporation of a wide range of predictive models, such as hybrid models, and various API algorithms which help reduce the time, cost and complexity of the overall process. Furthermore, the advent of multiplex cellular imaging platforms is anticipated to enhance the biopreservation ability to help understand disease progression and suggest suitable diagnostic & treatment measures to follow, specifically for cardiology, gynecology, and point-of-care applications.

In recent years, there has been an upsurge in demand for use of biopreservation to develop biological products in R&D of various sectors such as immunotherapies, vaccine production, antibody production, enzyme technology, and biologically produced chemicals. This impact is due to the rising number of chronic disease incidences globally. For instance, according to the Centers for Disease Control and Prevention, cardiovascular disorders and cancer are among the leading causes of disease-related mortality in adults in the U.S.  

Furthermore, the government and private sectors have shown interest and supported funding activities in research & development, leading to immense market developments. In recent years, the growing demand for preserving stem cells and developing biological medicines and products has gained investors' focus in this field. This considerable healthcare spending is expected to fuel market growth during the forecast period.

However, the growing biopreservation market is associated with challenges such as the unavailability of skilled professionals and the lack of stringent cybersecurity measures. The high cost of labor training and software standardization are some of the contributing factors. These challenges could potentially impact overall market growth.

Biopreservation Market Segmentation

Grand View Research has segmented the global biopreservation market report on the basis of product, application, and region:

Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Equipment

o Freezers

o Refrigerators

o Consumables

o Vials

o Straws

o Microtiter Plates

o Bags

o Liquid Nitrogen

• Media

o Pre-formulated

o Home-brew

• Laboratory Information Management System (LIMS)

Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Regenerative Medicine

o Cell Therapy

o Gene Therapy

o Others

• Bio-banking

o Human Eggs

o Human Sperms

o Veterinary IVF

• Drug Discovery

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Denmark

o Sweden

o Norway

• Asia Pacific

o China

o Japan

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Browse through Grand View Research's Biotechnology Industry Research Reports.

• The global optical genome mapping market size was valued at USD 104.1 million in 2023 and is expected to grow at a CAGR of 26.76% from 2024 to 2030. 

• The global therapeutic drug monitoring market size was valued USD 1.80 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. 

Key Companies & Market Share Insights

Key players in the market are opting for strategic initiatives, funding facilities for geographical expansion, partnerships, mergers and acquisitions in key regions. For instance, in January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service in Qatar to provide researchers the access to high-quality tissue samples. Some of the key players in the biopreservation market include:

• Azenta US, Inc.

• Biomatrica, Inc.

• BioLife Solutions

• MVE Biological Solutions

• LabVantage Solutions, Inc.

• Taylor-Wharton.

• Thermo Fisher Scientific, Inc.

• Panasonic Corporation

• X-Therma Inc.

• PrincetonCryo.

• Stirling Ultracold 

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[adityarana1687-blog]

Veterinary Software Market Size To Reach $3.02 Billion By 2030

The global veterinary software market size is anticipated to reach USD 3.02 billion by 2030 and is projected to grow at a CAGR of 12.66%% from 2024 to 2030, according to a new report by Grand View Research, Inc. Veterinarians, veterinary practices, and pet owners can all benefit significantly from veterinary software. The benefits cover a range of areas related to patient care, clinic administration, and communication. Quick access and retrieval of patient records-including lab results, treatment plans, and medical histories-is made possible by digital storage. By doing away with the necessity for paper records, it lessens clutter and the possibility of data loss or damage. Clinics may better regulate patient flow and organize their daily schedules with the assistance of appointment scheduling tools. It minimizes the possibility of establishing multiple reservations or scheduling conflicts. It makes remote consultations possible, enabling vets to treat and counsel patients who are unable to visit the clinic physically. In addition, it broadens the clinic's clientele and offerings, particularly in emergency situations and socially awkward situations.

The market presents plenty of opportunities for expansion and novelty, attributable to industry demands, innovations in technology, and evolving consumer demands. Telemedicine has become increasingly popular in veterinary care, particularly since the COVID-19 pandemic. By providing telemedicine features that enable veterinarians to consult with patients and monitor them from a distance, veterinary software can take advantage of this trend and broaden its scope of practice. Veterinarian diagnostics might undergo a revolution thanks to AI and machine learning. Diagnostic accuracy and treatment outcomes can be enhanced by software solutions that use artificial intelligence (AI) for analyzing images, predictive analytics, and disease detection. Businesses of veterinary software can look into ways to grow internationally. Software that supports multi-language and multi-currency capabilities can meet the needs of clinics worldwide as veterinary care becomes more globally distributed.

Market players in the veterinary software space are strategically using mergers and acquisitions to expand their product lines and solidify their positions in the industry. To incorporate the latest innovations and broaden their service offerings, large corporations are purchasing smaller, innovative companies. Concurrently, there is a widespread use of collaboration and partnership strategies, as businesses form alliances to gain access to complementary expertise, expand their market reach, and provide more complete solutions. These adaptable tactics enable veterinary software suppliers to meet the varied demands of the changing veterinary sector, maintain their competitiveness, and take advantage of synergies. For instance, in February 2024, Instinct Science with the assistance of Mainsail partners acquired VetMedux, which is a veterinary education-providing company.

In May 2023, Hippo Manager partnered with Text Request. Users of Hippo Manager Software have access to Text Request's texting module directly from the Hippo Manager interface by using the Text Requests Chrome extension. This means that veterinary clinics can now use the same software they use to manage their daily operations to text clients to set up appointments, send reminders, and more.

Request a free sample copy or view report summary: Veterinary Software Market Report

Veterinary Software Market Report Highlights

Based on product, the practice management software (PMS) segment led the market with the largest revenue share of 56.80% in 2023. However, telehealth software is expected to grow at the fastest CAGR of 19.65% during forecast period, due to the growing acceptance of Internet of Things (IoT) and Artificial Intelligence (AI) technologies

Based on delivery mode, the cloud/web-based segment attributed to largest market share in 2023 and is projected to grow at fastest CAGR during the forecast period, owing to easy scalability as well as ease of use of cloud-based software

Based on practice type, the small animals segment led the market with the largest revenue share of 60.37% in 2023. The segment includes software revenue from veterinarian practices that treat small companion animals (dogs and cats) as their primary source of care. Veterinarians and veterinary clinics can more efficiently manage their daily activities and deliver high-quality animal care with the aid of small animal PMS, a specialized tool

Based on end use, the hospitals/clinics segment led the market with the largest revenue share of 85.80% in 2023, due to the accelerating digitization of veterinary practices and the growing awareness of the advantages that software provides to both patient care and business operations are what is driving the overall growth of the hospitals/clinics segment

North America dominates the market with the largest revenue share of 35.85% in 2023. Conversely, Asia Pacific region is anticipated to grow at the fastest CAGR of 11.35% during the forecast period

Multiple integrations of veterinary softwares, an increasing number of veterinary hospitals/clinics, an increasing animal population globally leading to an increase in adoption of telehealth softwares, rising prevalence of animal diseases leading to an increase in veterinary patient volume are expected to drive market growth

Veterinary Software Market Segmentation

Grand View Research has segmented the global veterinary software market report based on product, delivery mode, practice type, end-use, and region:

Veterinary Software Product Outlook (Revenue, USD Million, 2018 - 2030)

Practice Management Software

Imaging Software

Telehealth Software

Others

Veterinary Software Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)

Cloud/Web-Based

On-premise

Veterinary Software Practice Type Outlook (Revenue, USD Million, 2018 - 2030)

Small Animals

Mixed Animals

Equine

Food-producing Animals

Other Practice Types

Veterinary Software End Use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals/Clinics

Other End Use

North America

Veterinary Software Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Netherlands

Russia

Sweden

Switzerland

Ireland

Poland

Asia Pacific

Japan

China

India

South Korea

Australia

Thailand

Indonesia

Philippines

Malaysia

Singapore

Latin America

Brazil

Mexico

Argentina

Middle East and Africa (MEA)

South Africa

Saudi Arabia

UAE

Iran

Turkey

Israel

List of Key Players in the Veterinary Software Market

Idexx Laboratories

Covetrus Inc. (Henry Schein)

Hippo Manager

Shepherd Veterinary Software

DaySmart Software

Digitail

ProVet (NordHealth)

OnwardVet

Asteris

Carestream Health

Heska Corporation (Mars Inc.)

Oehm und Rehbein GmbH

VetStoria

Instinct Science, LLC

Planmeca OY

[healthcaremarketanalysis]

The global X-Ray Detectors market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to reach $4.2 billion by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The rising prevalence of cardiac arrests in the United States and worldwide has led to a higher mortality rate. However, advancements in imaging systems and products are playing a crucial role in cardiac imaging, facilitating early disease detection. These developments are not only improving the diagnostic and prognostic capabilities of healthcare professionals but also enabling them to better support patients dealing with issues such as tumors, orthopedic pains, and veterinary care.

[getreports]

Veterinary Endoscopes Market: Helping pets get a better life

The outlook for the veterinary endoscopes market is quite strong, thanks to the increasing numbers of pets, enhanced spending on animal health, and betterment in veterinary healthcare. This technology deals with minimally invasive diagnostic and treatment purposes; therefore, veterinarians cannot do without this tool.

The large population of pets and the presence of a well-developed healthcare infrastructure make the US a potential market for veterinary endoscopes. According to APPA, the number of pets owned in the US has risen constantly, thus driving the demand for advanced services related to pets. This has been coupled with increased disposable incomes that drive spending on pet healthcare.

Market Size and Growth

The US veterinary endoscopes market is projected to reach US$ 0.63 billion by 2031, at a CAGR of 6.7% during the forecast period of 2023-2031. This growth is attributed to an increased incidence of chronic diseases in pets, the growing adoption of endoscopic procedures for early disease detection, and the development of more technologically superior endoscopes.

Key Market Drivers

Various factors are boosting growth in the US veterinary endoscopes market. Key among these include:

Rise in Pet Ownership: An increasing number of pet owners within the US region presents the primary driving force. As pet owners become more invested in the welfare of their animals, they are willing to spend on advanced diagnostic tools like endoscopes.

Increasing Cases of Diseases in Companion Animals: Kidney, diabetes, and gastrointestinal diseases are becoming increasingly prevalent in companion animals. As a result, endoscopy, as a diagnostic modality for the diagnosis and management of related diseases, is also going to become more significant

Improving Technology in Endoscopy: Development in high-definition cameras, flexible endoscopes, and advanced imaging software used in conducting an endoscopy is further enhancing the potential of diagnosis and hence, augmenting the market.

Rising Awareness of Preventive Healthcare: Increasing awareness among pet owners about preventive healthcare may help to boost the market. Regular checkups and the possibility of early detection of diseases by endoscopy are going to add to the growth.

Market Segmentation

The US veterinary endoscopes market can be segmented based on the following criteria: by product type - rigid endoscopes, flexible endoscopes, by application – digestive system, respiratory system, urology, gynecology, by end-user – veterinary clinics, animal hospitals, and research institutes.

Future Outlook

The outlook for the US veterinary endoscopes market seems to be optimistic, with a continuing rising trend in the foreseeable future. The rise in the percentage of the geriatric pet population, growth in adoption of minimally invasive procedures, and improving technology are some major factors driving the market expansion. Besides, increasing penetration of endoscopic procedures in rural areas offers vast growth opportunities.

Knowing the market dynamics, trends, and competitive landscape, industry participants can capture tremendous growth opportunities in the US veterinary endoscopes market.

Author Bio -

Akshay Thakur

Senior Market Research Expert at The Insight Partners

[credenceresearchdotblog]

The global demand for X-Ray Equipment was valued at USD 17512.2 Million in 2023 and is expected to reach USD 23660.58 Million in 2032, growing at a CAGR of 3.40% between 2024 and 2032.X-ray equipment plays a crucial role in modern healthcare, enabling detailed imaging for diagnostic and therapeutic purposes. The global X-ray equipment market has witnessed significant growth in recent years, driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for advanced diagnostic tools. This article explores the current trends, growth factors, and future prospects of the X-ray equipment market.

Browse the full report at https://www.credenceresearch.com/report/x-ray-equipment-market

Market Overview

The X-ray equipment market encompasses a wide range of products, including digital X-ray systems, analog X-ray systems, and mobile X-ray devices. These systems are used in various applications such as medical imaging, dental imaging, veterinary imaging, and industrial inspection. The market is segmented based on product type, technology, application, and region.

Key Trends and Drivers

1. Technological Advancements: The shift from traditional analog X-ray systems to digital X-ray systems has been a significant trend in the market. Digital X-ray systems offer several advantages, including improved image quality, reduced radiation exposure, and faster processing times. Innovations such as 3D imaging, portable X-ray devices, and the integration of artificial intelligence (AI) for enhanced image analysis are further propelling the market.

2. Increasing Prevalence of Chronic Diseases: The rising incidence of chronic diseases such as cancer, cardiovascular diseases, and musculoskeletal disorders has increased the demand for diagnostic imaging. X-ray equipment is essential for early detection, accurate diagnosis, and effective treatment planning, thereby driving market growth.

3. Growing Geriatric Population: The global aging population is more susceptible to various health conditions, necessitating frequent diagnostic imaging. This demographic trend is contributing to the increased adoption of X-ray equipment in healthcare facilities.

4. Rising Demand for Point-of-Care Diagnostics: The need for quick and accurate diagnostics, especially in emergency and critical care settings, has led to the development and adoption of portable and mobile X-ray devices. These devices enable healthcare professionals to conduct imaging at the point of care, improving patient outcomes and operational efficiency.

5. Government Initiatives and Funding: Governments and healthcare organizations worldwide are investing in the modernization of healthcare infrastructure. Funding for the procurement of advanced diagnostic equipment, including X-ray systems, is boosting market growth. Additionally, regulatory approvals and favorable reimbursement policies are encouraging the adoption of advanced imaging technologies.

Future Prospects

The future of the X-ray equipment market looks promising, with continuous advancements in technology and increasing demand for diagnostic imaging. Key areas of focus include:

1. Artificial Intelligence and Machine Learning: AI and machine learning are expected to revolutionize X-ray imaging by enhancing image analysis, improving diagnostic accuracy, and reducing human error. AI-powered algorithms can assist radiologists in detecting abnormalities and making more informed decisions.

2. Wearable and Portable X-ray Devices: The development of wearable and portable X-ray devices will enable real-time imaging and remote diagnostics. These innovations will be particularly beneficial in emergency situations, rural areas, and home healthcare settings.

3. Integration with Other Modalities: The integration of X-ray systems with other imaging modalities such as CT, MRI, and ultrasound will provide comprehensive diagnostic solutions. This multimodal approach will enhance the accuracy and efficiency of diagnostic procedures.

4. Sustainability and Environment-Friendly Practices: Manufacturers are increasingly focusing on developing eco-friendly X-ray systems that reduce radiation exposure and energy consumption. Sustainable practices in the production and disposal of X-ray equipment will gain importance in the coming years.

Key Players

Finapoline SAS

Agfa Gevaert NV

Canon Inc.

Carestream Health Inc.

Clermont Radiology LLC

FUJIFILM Holdings Corp.

GE Healthcare Technologies Inc.

Hitachi Ltd.

Hologic Inc.

Konica Minolta Inc.

Koninklijke Philips NV

MinXray Inc.

New Medical Imaging Co ltd

Samsung Electronics Co. Ltd.

Mindray Bio medical Electronics Co. Ltd

Others

Segmentation

By Type of X-ray Equipment

Digital Radiography (DR)

Computed Tomography (CT)

Fluoroscopy

Mammography

C-Arm Systems

Portable/Handheld X-ray Devices

By Technology

Analog X-ray Systems

Digital X-ray Systems

By Application

Diagnostic X-rays

Interventional X-rays

Mammography

Computed Tomography (CT)

By End-User

Hospitals and Clinics

Diagnostic Imaging Centers

Ambulatory Surgical Centers

Emergency Care Centers

By Region

North America

The U.S,

Canada

Mexico

Europe

Germany

France

The U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/x-ray-equipment-market

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[bhavesh2022]

North America X-Ray Detectors Market Opportunity Assessment by 2028

Market research “North America X-Ray Detectors Market Size, Share, and Growth by 2028” enriched with data tables, pie charts, figures, and graphs spread through chapters reveal actionable insights. At present, the North America X-Ray Detectors market is expanding at a lucrative CAGR. Through this assessment, Business Market Insights attempts to predict future trends, market values, growth factors, and related statistics. The report incorporates a broad range of strategies such as acquisition, collaborations, and investigation are embraced by market players to stay ahead in the competitive North America X-Ray Detectors market space.

This market research is enriched with key statistics and facts allowing manufacturers to devise further business strategies. The market report also offers the company landscape and corresponding details of major market participants. The data contains company profiles, yearly turnover, product launches, income sources, and acquisitions.

North America X-Ray Detectors market share has grown at a lucrative rate in recent years. Various factors that determine North America X-Ray Detectors market growth is examined in this report, including opportunities, barriers, challenges, trends, and drivers. Authentic market determinants encourages innovation. This section addresses the distribution of firm activity and the factors that influence development. A comprehensive range of market-specific data is available, allowing investors to conduct an early assessment of the North America X-Ray Detectors market's capabilities.

The main aim of the North America X-Ray Detectors market report is to present an unbiased evaluation of the market based on industry growth potential, recent developments, trends, and growth opportunities. A detailed report is structured in a way such that users will find it easy to navigate and understand. We have ensured the optimal use of visual representations wherever necessary. This has increased pictorial presentation and the advantage of easy interpretation of industrial facts.

Scope of North America X-Ray Detectors Market Research Report

North America X-Ray Detectors Market size and forecast at global, regional, and country- level for all the key market segments covered under the scope

Market dynamics such as drivers, restraints, and key opportunities

Key future trends

Detailed PEST and SWOT analysis

Global and regional market analysis covering key market trends, key players, regulations, and recent market developments

Industry landscape and competition analysis covering market concentration, heat map analysis, key players, recent developments

Detailed company profiles

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Detailed historical data analysis, and market size forecast

Key market drivers influencing market growth

Emerging trends and opportunities in North America X-Ray Detectors market

Analysis of major players to understand their strategies

Examination of regional dynamics

Report Attributes

Details

Segmental Coverage

Type

Flat-Panel Detectors

Computed Radiography (CR) Detectors

Charge Couple Device (CCD) Detectors

and Line-Scan Detectors

Application

Medical Applications

Dental Applications

Veterinary Applications

and Other Applications

End User

Hospitals

Diagnostic Laboratories

Clinics

and Other End Users

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

Analogic Corp

Canon Inc

FUJIFILM Holdings Corp

Konica Minolta Inc

Moxtek Inc

PerkinElmer Inc

Rigaku Corp

Teledyne Technologies Inc

Varex Imaging Corp

Varian Medical Systems Inc

Other key companies 

Hope Your Search Ends Here! As We Offer Customization

Business Market Insights recognize that each business is unique and will encounter distinct challenges and opportunities. That’s why we offer tailor-made reports that are crafted by business requirements. From competitive analysis to consumer behavior insights offered under this research can address all key concerns.

The following are some customizations our clients frequently ask for:

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The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Author’s Bio: Bhavesh Shinde Senior Market Research Expert at Business Market Insights

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Digital Pathology Market Size: Regional Analysis and Insights

The Digital Pathology Market size was estimated at USD 1.05 billion annually by 2023, and is expected to reach USD 1.91 billion by 2031 and improve to a CAGR of 7.8% over the estimated period 2024-2031.The digital pathology market is experiencing rapid growth, driven by advancements in technology and the increasing need for efficient diagnostic solutions. This market encompasses a range of digital tools and platforms that facilitate the digitization, analysis, and sharing of pathology slides, transforming traditional laboratory workflows. Key factors propelling this growth include the rising prevalence of chronic diseases, the demand for precise and timely diagnosis, and the integration of artificial intelligence in diagnostic procedures.

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The current global Digital Pathology Market  is examined in terms of demand and supply, as well as current and future pricing patterns. The revenue, market share, profit margin, primary product portfolio, and SWOT analysis of the top worldwide firms are all included. Gross margin, sales, revenue, production, market share, CAGR, and market size by region are all examined. Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa are the regions and countries that make up the global market.

This analysis, which is set against a backdrop of market drivers and inhibitors, includes worldwide and regional market estimations and estimates, as well as important product development trends and a typical downstream segment condition. The research in this Digital Pathology Market  report covers forecasting production and value, top producers, and output and value by sort. This study looks at the supply chain from the perspective of the industry, with an introduction to the process chart, an upstream key raw material and cost analysis, a distributor and downstream buyer analysis, and a distributor and downstream buyer analysis.

Market Segmentation

By Product

Scanners

Brightfield

Other Scanners

Software

Integrated Software

Standalone Software

Information Management Software

Image Analysis Software

Storage Systems

By Type

Human Pathology

Veterinary Pathology

By Application

Drug Discovery

Disease Diagnosis

Training & Education

By End User

Pharmaceutical & Biotechnology Companies

Hospitals and Reference Laboratories

Academic & Research Institutes

Research Methodology

The revenue and market share of the key competitors are documented as part of the research technique used to estimate and forecast this market. For this detailed commercial research of the Digital Pathology Market , secondary sources such as press announcements, non-profit organizations, yearly reports, industry groups, governmental agencies, and customs data were used to locate and compile information. The overall market size was calculated using this information.

COVID-19 Impact Analysis

The implications of COVID-19 on the upstream, midstream, and downstream industries are examined in this Digital Pathology Market  analysis. This study covers a wide range of topics, including market dynamics such as drivers, barriers, opportunities, and threats, as well as industry news and trends. Finally, this study provides an in-depth analysis as well as expert advice on how to proceed after COIVD-19.

Key Questions Answered in the Digital Pathology Market  Report

What are the main market growth factors and risks that are influencing the market's global development?

What are the market size, share, and CAGR forecasts for the end of the forecast period?

Who are the major players in the market? What strategies do they use to stay ahead of the major competitors?

What are the outcome of major events taken place in the different regions across the globe?

About Us

SNS Insider is a market research and insights firm that has won several awards and earned a solid reputation for service and strategy. We are a strategic partner who can assist you in reframing issues and generating answers to the trickiest business difficulties. For greater consumer insight and client experiences, we leverage the power of experience and people.

When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.

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Digital Radiography Market Outlook Report 2024-2031: Trends, Strategic Insights, and Growth Opportunities | GQ Research

The Digital Radiography Market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Digital Radiography Market showcased a significant presence, boasting a valuation of US$ 4.2 billion. This underscores the substantial demand for Acetophenone technology and its widespread adoption across various industries.

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 Projected Growth: Projections suggest that the Digital Radiography Market will continue its upward trajectory, with a projected value of US$ 8.5 billion by 2031. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 6.7%, reflecting a steady and robust growth rate for the Digital Radiography Market over the coming years.

Technology Adoption:

The digital radiography market is witnessing robust technology adoption as healthcare providers seek to enhance diagnostic accuracy, workflow efficiency, and patient care. Digital radiography (DR) systems are increasingly replacing traditional film-based radiography due to their ability to provide immediate image preview, higher image quality, and easier integration with other digital health systems. The adoption of cloud-based storage solutions and Picture Archiving and Communication Systems (PACS) is also rising, enabling more efficient image management and sharing.

Application Diversity:

Digital radiography is utilized across a wide range of medical applications, including orthopedics, dentistry, mammography, and chest imaging. It is also used in veterinary medicine, industrial non-destructive testing, and security screening. The versatility of DR systems to perform various types of examinations, such as full-body scans, detailed images of specific body parts, and high-resolution imaging for dental and mammography purposes, highlights their critical role in modern diagnostic practices.

Consumer Preferences:

Healthcare providers and patients alike prefer digital radiography for its speed, accuracy, and reduced radiation exposure. Medical professionals favor DR systems that offer high-resolution images, user-friendly interfaces, and robust data storage capabilities. Patients appreciate the quicker imaging process and the reduced need for repeat exams due to poor image quality. Additionally, the preference for portable and mobile DR units is growing, especially in emergency and remote healthcare settings, where flexibility and immediate results are crucial.

Technological Advancements:

Technological advancements in the digital radiography market include the development of high-definition detectors, advanced image processing software, and AI-driven diagnostic tools. Enhanced flat-panel detectors (FPDs) offer superior image resolution and lower doses of radiation. The integration of AI algorithms assists radiologists in detecting abnormalities, improving diagnostic accuracy, and streamlining workflows. Innovations such as dual-energy imaging and tomosynthesis are expanding the capabilities of DR systems, allowing for more detailed and informative images.

Market Competition:

The digital radiography market is highly competitive, with key players such as Siemens Healthineers, GE Healthcare, Philips Healthcare, and Canon Medical Systems leading the industry. Competition is based on technological innovation, product reliability, and customer support services. Companies are investing in R&D to develop advanced DR systems and expanding their product portfolios through strategic mergers and acquisitions. Smaller companies and new entrants are also making an impact by offering specialized solutions and targeting specific market niches.

Environmental Considerations:

Environmental considerations are becoming increasingly important in the digital radiography market. DR systems contribute to reducing the environmental footprint of radiographic practices by eliminating the need for chemical processing of films and reducing hazardous waste. Energy-efficient designs and the use of sustainable materials in manufacturing are also gaining traction. Moreover, the shift to digital solutions supports the broader healthcare industry’s goals of minimizing paper use and enhancing data storage efficiency, contributing to overall sustainability efforts.

 Top of Form

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

GE Healthcare

Siemens Healthineers

Philips Healthcare

Canon Medical Systems Corporation

Fujifilm Holdings Corporation

Agfa-Gevaert Group

Carestream Health

Hitachi Medical Systems

Konica Minolta

Shimadzu Corporation

The research report provides a comprehensive analysis of the Digital Radiography Market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-digital-radiography-market/

About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

Jessica Joyal

+1 (614) 602 2897 | +919284395731

Website - https://gqresearch.com/

[deshpandeisha]

The Growing Field of Animal Ultrasound: A Game Changer in Veterinary Medicine

The global animal ultrasound market size reached USD 286.2 Million in 2020 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of companion animals and rising demand for pet insurance are some key factors projected to support market revenue growth between 2021 and 2028.

In addition, increasing number of veterinary doctors in developed and developing countries is expected to boost revenue growth of the market going ahead.Increasing number of veterinarians has also resultedin increasingnumberof new treatment facilities, which is expected to boost demand for various treatmentequipment for animals, including animal ultrasound devices.In addition, veterinarians' incomes in developed countries have significantly risen in recent years, and this is strengthening their purchasing power, which is expected to boostadoption of animalultrasound devices in private clinics.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Animal Ultrasound market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

IDEXX Laboratories, Inc., Carestream Health, Inc., Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Heska Corporation, Diagnostic Imaging Systems, Inc., Clarius Mobile Health Corp., DRAMIÑSKI S.A., and Hallmarq Veterinary Imaging Limited

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/animal-ultrasound-market

Emergen Research has segmented the global Animal Ultrasound market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

Animal Type Outlook (Revenue, USD Million; 2018–2028)

Large Animals

Small Companion Animals

Imaging Type Outlook (Revenue, USD Million; 2018–2028)

Doppler Imaging

2D Ultrasound Imaging

3D & 4D Ultrasound Imaging

Scanner Type Outlook (Revenue, USD Million; 2018–2028)

Handheld Ultrasound Scanners

Cart-based Ultrasound Scanners

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

Analysis and estimation of the Animal Ultrasound Market size and share for the projected period of 2022-2030

Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Animal Ultrasound Market

Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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Veterinary Endoscopes Market Analysis and Forecast (2021-2027)

The Global Veterinary Endoscopes Market is projected to grow significantly by 2027, with an expected CAGR of around 7% during the forecast period from 2021 to 2027. Endoscopy is a minimally invasive procedure that allows examination of internal organs or body cavities, enabling diagnostic evaluation and tissue sample collection for histopathologic analysis.

Key Growth Drivers

A major driver of growth in the veterinary endoscopes market is the increasing rate of pet adoption. Additionally, the rising prevalence of diseases in animals is contributing to the market's expansion. According to Vikaspedia, India's livestock population reached 535.78 million in 2019, a 4.6% increase from the 2012 Livestock Census. The bovine population (including cattle, buffalo, mithun, and yak) totaled 302.79 million in 2019, a 1.0% increase from the previous census. Efforts in animal conservation also play a significant role in boosting the demand for veterinary endoscopes.

For a comprehensive analysis of the market drivers, visit: https://univdatos.com/report/veterinary-endoscopes-market/

Market Segmentation

By Type

The market is segmented into rigid, flexible, and other types of endoscopes. The flexible endoscope segment is expected to experience significant growth due to its extensive use in diagnosing various organs and diseases. Flexible endoscopes provide detailed images of internal organs and enable videography, which is crucial for accurate diagnosis. Advancements in fiber optics further enhance the growth of this segment.

By Animal Type

The market is categorized into livestock and companion animals. The livestock segment is expected to witness substantial growth, driven by the increasing cattle population and the adoption of modern technologies for animal care. According to the Department of Animal Husbandry and Dairying, the female cattle population in India was 145.12 million in 2019, an 18.0% increase from 2012.

By Procedure

The market is segmented into respiratory endoscopy, gastrointestinal tract endoscopy, urinary and genital tract endoscopy, abdominal endoscopy, ENT endoscopy, and others. The gastrointestinal segment is anticipated to hold a significant market share due to the increasing prevalence of digestive issues in animals. According to NCBI research, digestive problems are a major health concern in dogs.

Regional Insights

The report provides detailed insights into the veterinary endoscopes market across various regions, including North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), and the Rest of the World. North America represents a significant market due to the high rate of pet adoption. According to the American Pet Products Association (APPA), 67% of U.S. households owned pets in 2021, with total expenditure on pet care products estimated at $123.6 billion.

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Key Market Players

Major companies operating in the global veterinary endoscopes market include Steris, MDS Incorporated, Firefly Global, eKuore, KARL STORZ SE & Co. KG, Advanced Monitors Corporation, Dr. Fritz Endoscopes GmbH, Zhuhai Seesheen Medical Technology Co., Ltd., Biovision Veterinary Endoscopy, LLC, and Eickemeyer. These players have engaged in numerous mergers, acquisitions, and partnerships to develop a variety of veterinary endoscopes.

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Contact Number - +1 9782263411

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[bhushans]

Global Focus on Improved Outcomes: Global Veterinary Computed Tomography Scanner Market

The global veterinary computed tomography scanners market is expected to reach a value of USD 355.3 million by 2033, based on estimates exhibiting a consistent growth trajectory. With a robust Compound Annual Growth Rate (CAGR) of 6.8%, this significant increase from its market value of USD 184.2 million in 2022 is indicative of growth.

Advanced imaging tools called veterinary CT scanners are used by vets to get precise cross-sectional images of animals for diagnostic purposes. These scanners are essential to veterinary medicine because they allow doctors to see inside anatomical structures, spot anomalies, and precisely plan treatments.

Veterinary CT scanners are essential for animal diagnostic imaging because they offer precise cross-sectional pictures of interior organs, which help with a variety of medical disorders’ diagnosis and treatment. Veterinarians may now precisely and accurately plan surgical treatments, evaluate injuries, and visualize anatomical abnormalities thanks to these modern imaging equipment.

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The veterinary CT scanner market is expected to increase globally, and this growth can be attributable to numerous important aspects. The demand for cutting-edge imaging technology is being driven by the rising rates of pet ownership, the increasing occurrence of diseases and injuries in companion animals, and the growing emphasis on sophisticated veterinary care. Furthermore, the diagnostic potential and clinical usefulness of CT scanners are being improved by technological developments in the design, such as higher picture resolution, quicker scan times, and better software capabilities.

Improvements in Technology and Raised Awareness:

With features like ray intensity modules that can be adjusted to meet the unique requirements of various animal sizes and sensitivities, veterinary CT scanners are becoming more and more advanced. Furthermore, the market is expanding as a result of rising knowledge about the advantages of CT scans among veterinarians and pet owners.

Top Highlights from the FMI’s Analysis of the Veterinary Computed Tomography Scanner Market:  

The North American veterinary computed tomography scanner industry acquired a 34.7% stake in the market in 2022.

The Europe veterinary computed tomography scanner industry obtained a share of 30.1% globally in 2022.

The United States veterinary computed tomography scanner industry is expected to attain a market share exceeding 30.5% in 2023.

Germany acquired a 7.7% market share in 2022 on a global scale.

The Japanese veterinary computed tomography scanner industry procured a market share of 4.7% in 2022.

The veterinary computed tomography scanner industry in the United Kingdom is projected to explode at a CAGR of 6.1% over the forecast period.

China’s veterinary computed tomography scanner industry is projected to gallop at a CAGR of 8.1%.

The Indian market is expected to expand at a CAGR of 7.7% over the assessment period.

Based on application, the orthopedic and traumatology segment grabbed a market share of 38.40% in 2022.

Under the end user category, veterinary hospitals and clinics are expected to attain a market share of more than 47.80% over the forecast period.

How Key Players are Contributing to the Veterinary Computed Tomography Scanner Market?

Key participants have added cutting-edge technology along with the latest medical technology like highly efficient devices delivering optimum diagnostics capability in veterinary computed tomography scanners. As the market rises and skyrockets its growth prospects, the competition amongst the key players keeps on increasing, making the market more dynamic.

Recent Developments in the Veterinary Computed Tomography Scanner Market

Siemens AG has introduced the computed tomography that helps in clinical research along with new diagnostics application that comes under its CT technologies & Innovations platform, fueling the sales of veterinary computed tomography scanners.

Epica Medical Innovations has launched its new Vimago GT30, HDVI, that comes with improved diagnostic capability and efficiency. This multi-modality masterpiece includes onboard fluoroscopy and digital radiology. It increases competition by experimenting with the latest healthcare technology.

Hitachi Healthcare America announced an expansion of its cooperation with scil animal care, a division of Henry Schein Animal Health, in August 2018. The deal widens the scil region to include statewide coverage and distribution of Hitachi’s unique ultrasound solutions aimed at the veterinary sector, which has been in place since 2011.

Woorien introduced MyVet CT i3D, the first veterinary-specific spiral Linear CTV Scanner, in March 2020.

In Fort Lauderdale, Florida, a referral hospital installed a Toshiba Aquilion 16 CT scanner in September 2022. The new scanner is going to enhance the treatment capabilities and offer excellent care for pets.

Xoran Technologies commenced accepting reservations for vTRON in May 2021. The new open-bore CT scanner was introduced at the Veterinary Meeting and Expo (VMX) in June 2021 in Florida

Key players:

GE Healthcare

Toshiba Medical Systems Corporation

Siemens AG

Koninklijke Philips N.V

Epica Medical Innovations

Samsung Electronics Co. Ltd. (Neurologica Corporation)

Hitachi, Ltd.

Animage, LLC

QR S.R.L.

Gin ApS

Key segments

By Type:

Portable CT Scanners

Stationary Multi-slice CT Scanners

Mid-end CT Scanners

High-end CT Scanners

Low-end CT Scanners

By Animal Group:

Large Animals (Horses, Cattles)

Small Animals (Cats, Dogs, Etc.)

Others

By Application:

Neurology

Oncology

Orthopedics and Traumatology

Other Applications

By End User:

Veterinary Hospitals and Clinics

Academic Institutes and Teaching Hospitals

By Region:

North America

Latin America

Asia Pacific

Middle East and Africa

Europe

[healthcaremarketanalysis]

X-Ray Detectors Market worth $4.2 billion by 2029

The global X-Ray Detectors market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to reach $4.2 billion by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The rising prevalence of cardiac arrests in the United States and worldwide has led to a higher mortality rate. However, advancements in imaging systems and products are playing a crucial role in cardiac imaging, facilitating early disease detection. These developments are not only improving the diagnostic and prognostic capabilities of healthcare professionals but also enabling them to better support patients dealing with issues such as tumors, orthopedic pains, and veterinary care.

X-Ray Detectors Market Segmentation & Geographical Spread

Download an Illustrative overview:

Key Drivers

Increasing demand for early diagnosis and widening scope of clinical applications of X-ray detectors

Investments to advance healthcare facilities and digital imaging technologies

Rising target patient population

Rising prevalence of animal diseases and growing number of veterinary practitioners

Growing demand for cosmetic dentistry

Key Restraints

High cost of X-ray detectors

Health hazards of full-body scanning

 Key Opportunities

Rising healthcare expenditure across developing countries

Technological advancements

Key Challenges

Lack of animal healthcare awareness in emerging countries

Increasing adoption of refurbished X-ray units

Hospital budget cuts

North America is expected to be the largest market in the x-ray detectors industry during the forecast period.

North America, comprising the US and Canada, accounted for the largest share of the X-ray detectors market in 2022. The growth of the X-ray detector market in North America is propelled by several factors, including the rising number of target diagnostic and interventional procedures conducted in the region, a high prevalence of diseases, an increasing geriatric population, and the widespread availability of advanced interventional products, including microcatheters.

As of 2022, prominent players in the X-ray detectors market are Varex Imaging Corporation(US), Thales Group ( France), Canon ( Japan), Fujifilm Corporation (Japan), Agfa-Gevaert Group (Belgium) and Teledyne Technologies(US), and among others.

Recent Developments of X-Ray Detectors Industry:

In May 2023, Varex Imaging Corporation launched the XRD 3131N digital X-ray detector to cater to the rising demand for expedited and more extensive inspections within the rapidly evolving Electric Vehicle (EV) battery manufacturing sector. This enhances the company's existing portfolio for the EV battery inspection market.

In July 2022, Canon Inc. launched the CXDI-Elite series of wireless digital radiography (DR2) devices, including the CXDI-720C Wireless sensor unit, to markets outside of Japan. These devices aim to enhance user-friendliness across various imaging scenarios while delivering superior image quality to facilitate more accurate diagnostics.

March 2021, At ECF 2021, the Thales unveiled the Pixium 3040F, featuring enhanced image quality, optimized spatial resolution, increased contrast, and superior sensitivity at lower radiation doses.

X-Ray Detectors Market - Key Benefits of Buying the Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall x-ray detectors market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

This report provides insights on the following pointers:

Analysis of key drivers (increasing demand for early diagnosis and widening scope of clinical applications of x-ray detectors, investments to advance healthcare facilities & digital imaging technologies, rising target patient population, rising prevalence of animal diseases and growing number of veterinary practitioners, escalating demand for x-ray-based security enhancement solutions at airports), restraints (high cost of x-ray detectors, health hazards of full body scanning), opportunities (rising healthcare expenditure across developing countries technological advancements), challenges (lack of animal healthcare awareness in emerging countries, increasing adoption of refurbished x-ray units, increasing adoption of refurbished x-ray units) influencing the growth of the x-ray detectors market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the x-ray detectors market

Market Development: Comprehensive information about lucrative markets–the report analyses the x-ray detectors market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the x-ray detectors market

Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.