#Veterinary Ultrasound Scanners Market
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Veterinary Ultrasound Scanners Market 2022 – Latest Innovations, Future Technology, Applications, Driving Factors & Demand over the Worldwide to 2028
Veterinary ultrasound scanners can help to diagnose problems with soft tissues, muscles, blood vessels, tendons, and joints. In the wake of the growing adoption of pets, rising expenditure on pet healthcathe re, prevalence of zoonotic diseases, and animal healthcare insurance, the global veterinary ultrasound scanners market is in for positive growth, in terms of revenue, according to a new report by Future Market Insights..
North America to Dominate Global Veterinary Ultrasound Scanner Market; Western Europe to Follow, APECJ to Present Lucrative Opportunities
Increasing pet adoption and vet care expenditure will boost the veterinary ultrasound market in North America. Western Europe is pegged to be the second largest market for veterinary ultrasound scanners owing to the increasing occurrence of zoonotic diseases and livestock screening for food safety attributable to increased meat consumption. On the other hand, public and private funding along with support programs for vet care will open positive investment prospects for manufacturers of veterinary ultrasound scanners in the Asia Pacific excluding China and Japan.
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Veterinary Ultrasound Scanners to find Increased Adoption for Zoonosis and Pre-Natal Diagnosis
Owing to increased international travel and animal transportation have led to an increase in the number of zoonotic cases- infectious diseases that are spread between humans and animals. Since zoonosis can be severe resulting in the death of human beings, the Centers for Disease Control and Prevention (CDC) is always tracking and reporting such cases. . The major pathogens and diseases associated with zoonotic are anthrax, brucellosis, Chagas disease, Type influenza, Ebola hemorrhagic fever, Rift Valley fever, severe acute respiratory syndrome (SARS) among others. Vector-borne zoonosis coupled with direct and indirect contact of human beings with infected animals increased the chances of contracting zoonotic diseases, in turn, pushing the adoption of veterinary ultrasound scanners.
Governments and vet healthcare organizations are taking initiatives to spread awareness of zoonotic diseases and other travel-acquired diseases. CDC has collaborated with several countries and their human and animal health organizations to conduct ‘One Health Zoonotic Disease Prioritization Workshops’ in a bid to reduce travel-related zoonosis. Moreover, pet owners and animal breeders have increased routine screening and veterinary diagnosis as a prevention method—using imaging devices such as veterinary ultrasound scanners, thereby, positively impacting the overall market growth.
Moreover, since per capita meat and dairy consumption has increased, globally, animal breeders are under immense focus to provide good quality livestock products. For this, regular checking and monitoring of animals are paramount, favoring the growth of the global veterinary ultrasound scanner market during the forecast period.
Animal breeders are adopting ultrasound scanners to assess reproductive scenarios such as early pregnancy diagnosis, multiple pregnancies, and fetal sex determination. Fetal sex determination in equinox and livestock animals allows breeders to replace the cycle of animals and determine the sale value of a breed. However, since the ultrasound scanners used for humans and animals are the same and scanners have to be registered under the PNDT Act 1994, stringent Government regulations decide of fetal gender difficult in countries like China and India, hampering the growth of the veterinary ultrasound scanners market in these regions.
“Companies are introducing technologically advanced ultrasound scanners for animals that can be paired with Android and iOS devices. Lightweight and portable ultrasound scanners are also making their way in the global market that can be used foseveralof species and applications”- Healthcare Industry Analyst, Future Market Insights
Competitive Landscape Insights: Expansion, M&A Strategies to Define Market Growth Roadmap
Key players in the global veterinary ultrasound scanners market include Samsung Medison, IMV Technologies, Mindray, Hitachi, Siemens Healthineers, and Canon Medical Systems. Top manufacturers are likely to focus on strategic alliances and mergers and acquisitions to strengthen their product portfolio and increase the scope for market expansion, thereby, creating opportunities for the players in the veterinary ultrasound market in the untapped regions. The establishment of subsidiaries and marketing alliances would offer geographical expansion prospects to the top players.
Key Segments of Veterinary Ultrasound Scanners Industry Survey
Veterinary Ultrasound Scanners Market by Product Type:
Portable/Hand Held Ultrasound Scanners
Cart Based Ultrasound Scanners
Veterinary Ultrasound Scanners Market by Imaging Technology:
Digital Imaging Technology in Veterinary Ultrasound Scanners
Analog Imaging Technology in Veterinary Ultrasound Scanners
Contrast Imaging Technology in Veterinary Ultrasound Scanners
Veterinary Ultrasound Scanners Market by End User:
Veterinary Ultrasound Scanners in Veterinary Hospitals
Veterinary Ultrasound Scanners in Veterinary Clinics
Veterinary Ultrasound Scanners in Animal Breeding and Farms
Veterinary Ultrasound Scanners Market by Region:
North America Veterinary Ultrasound Scanners Market
Latin America Veterinary Ultrasound Scanners Market
Europe Veterinary Ultrasound Scanners Market
East Asia Veterinary Ultrasound Scanners Market
South Asia & Pacific Veterinary Ultrasound Scanners Market
Middle East & Africa (MEA) Veterinary Ultrasound Scanners Market
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Beyond the Clinic: Innovative Teleradiology for Veterinary Practices
The global veterinary teleradiology market is witnessing steady growth, reflecting the increasing demand for remote diagnostic services in veterinary medicine. According to the report, the market is projected to grow at a compound annual growth rate (CAGR) of approximately 7% over the forecast period of 2022-2028. Valued at around USD 300 million in 2022, the market is expected to reach nearly USD 500 million by 2028.
What is Veterinary Teleradiology?
Veterinary teleradiology involves the remote interpretation of radiological images (X-rays, MRIs, CT scans, and ultrasounds) for animals. Veterinarians send the images to specialized radiologists who analyze and diagnose the images, providing detailed reports to aid in the treatment of animals. This service is especially beneficial for veterinary clinics and hospitals that may not have full-time radiologists on staff.
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Market Dynamics and Growth Drivers
Several factors are contributing to the growth of the global veterinary teleradiology market:
Increasing Pet Ownership and Pet Care Expenditures: The rising number of pets globally, particularly in developed regions, is driving the demand for advanced veterinary services. As pet owners invest more in the health and well-being of their animals, the need for efficient diagnostic solutions like teleradiology is growing.
Shortage of On-site Veterinary Radiologists: Many veterinary clinics and hospitals, especially in rural or less populated areas, lack access to in-house radiologists. Veterinary teleradiology addresses this issue by providing access to specialists remotely, improving diagnostic accuracy and treatment outcomes.
Technological Advancements in Veterinary Imaging: Advances in imaging technology, such as high-definition scanners and cloud-based platforms for transmitting images, are enhancing the capabilities and convenience of teleradiology services. These innovations are improving the speed and accuracy of diagnoses, driving demand for teleradiology solutions.
Rising Awareness of Animal Health: Increased awareness about animal health, particularly in regions like North America and Europe, is contributing to the growth of the veterinary teleradiology market. Pet owners are becoming more proactive about diagnosing and treating their pets' ailments, and veterinarians are using teleradiology to provide better care.
Demand for Specialized Diagnostic Services: Veterinary practices are increasingly relying on specialized teleradiologists to provide expert analysis of complex imaging studies. This demand is driven by the need for more accurate diagnoses and better patient outcomes, particularly for pets with complicated or serious health issues.
Regional Analysis
North America: North America is the largest market for veterinary teleradiology, driven by high pet ownership, significant investment in veterinary care, and the widespread adoption of advanced technologies. The U.S. and Canada are key markets where demand for remote diagnostic services is increasing steadily.
Europe: Europe represents another significant market, with countries like the U.K., Germany, and France at the forefront of adopting veterinary teleradiology services. The region’s well-established veterinary infrastructure and growing pet care expenditures are contributing to market growth.
Asia-Pacific: The Asia-Pacific region is experiencing moderate growth in the veterinary teleradiology market. Countries such as China, Japan, and Australia are seeing increased adoption of veterinary telemedicine solutions due to rising pet ownership and the growing need for better veterinary services.
Latin America and Middle East & Africa: These regions are witnessing gradual growth, supported by increasing awareness of pet healthcare and improving veterinary infrastructure. However, the market remains relatively untapped, presenting future growth opportunities.
Competitive Landscape
The veterinary teleradiology market is competitive, with key players offering a range of diagnostic solutions. Major companies include:
VetRad: A leading provider of veterinary teleradiology services, offering quick and reliable image interpretations for veterinary practices worldwide.
Antech Imaging Services (AIS): Known for its innovative teleradiology platform that connects veterinarians with board-certified radiologists for comprehensive diagnostic reports.
VetCT: Provides a full range of teleradiology services, specializing in advanced imaging modalities and offering 24/7 support to veterinary clinics.
VitalRads: A company that focuses on providing teleradiology services tailored to small animal practices, offering high-quality and cost-effective diagnostic solutions.
IDEXX Laboratories: A major player in the veterinary diagnostic industry, offering teleradiology services as part of its comprehensive suite of veterinary healthcare solutions.
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Challenges and Opportunities
While the veterinary teleradiology market is poised for growth, it faces several challenges. The high cost of imaging equipment and services may limit adoption, particularly in developing regions. Additionally, concerns over data security and the integration of teleradiology platforms with existing systems may present hurdles for some veterinary practices.
However, there are significant opportunities for market expansion. The growing adoption of telemedicine in veterinary care, along with technological advancements in cloud-based diagnostics and artificial intelligence, offers promising avenues for growth. Companies that invest in enhancing the accessibility, affordability, and reliability of teleradiology services are likely to thrive in this expanding market.
Conclusion
The global veterinary teleradiology market is on a solid growth trajectory, driven by rising pet ownership, technological advancements, and the need for specialized diagnostic services. With revenue expected to reach nearly USD 500 million by 2028, the market presents substantial opportunities for innovation and investment. As veterinary practices continue to seek more efficient and accurate diagnostic solutions, teleradiology is set to play an increasingly important role in the future of animal healthcare.
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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
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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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Healing Hands: Insights into the Veterinary Equipment and Supplies Market
Veterinary medicine plays a vital role in ensuring the health and well-being of animals, from beloved pets to farm livestock. Behind every successful veterinary practice lies a suite of specialized equipment and supplies designed to diagnose, treat, and care for animals. This article explores the significance of veterinary equipment and supplies, their key roles, and the evolving landscape of the veterinary equipment market.
Veterinary equipment and supplies encompass a wide range of tools, instruments, devices, and consumables used by veterinarians, veterinary technicians, and animal healthcare professionals in clinical practice, research, and laboratory settings. These essential resources enable veterinary professionals to perform diagnostic tests, surgical procedures, dental treatments, imaging studies, and preventive care measures to keep animals healthy and thriving.
One of the key roles of veterinary equipment and supplies is to support diagnostic and imaging capabilities, allowing veterinarians to accurately assess the health status of animals and formulate appropriate treatment plans. Equipment such as diagnostic analyzers, ultrasound machines, X-ray systems, and MRI scanners enable veterinarians to identify medical conditions, injuries, and diseases in animals with precision and accuracy.
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Moreover, veterinary equipment and supplies are essential for surgical interventions and medical procedures, providing veterinarians with the tools and instruments needed to perform surgeries, administer anesthesia, and provide post-operative care. Surgical instruments, anesthesia machines, monitoring devices, and sterile supplies are critical components of any veterinary surgical suite, ensuring the safety and comfort of animals undergoing procedures.
Furthermore, veterinary equipment and supplies play a crucial role in dental care, ophthalmology, and dermatology, allowing veterinarians to address oral health issues, eye conditions, and skin disorders in animals. Dental instruments, dental radiography equipment, ophthalmic instruments, and dermatological treatments are essential for maintaining the oral hygiene, visual acuity, and skin health of animals under veterinary care.
The veterinary equipment and supplies market serves a diverse range of stakeholders, including veterinary clinics, animal hospitals, research laboratories, universities, and veterinary pharmaceutical companies, where products and services related to animal health and care are in demand. With the increasing prevalence of pets, livestock, and companion animals, the demand for veterinary equipment and supplies is expected to rise in parallel.
Moreover, the veterinary equipment and supplies market is driven by factors such as technological advancements, innovation in product design, and the growing emphasis on animal welfare and preventive healthcare. Manufacturers are investing in research and development to develop new technologies, devices, and treatments to address emerging needs and challenges in veterinary medicine.
In conclusion, veterinary equipment and supplies are indispensable tools for delivering high-quality care and treatment to animals in veterinary practice. By providing veterinarians with the resources they need to diagnose, treat, and care for animals, veterinary equipment and supplies play a vital role in promoting animal health, welfare, and well-being. As the veterinary profession continues to evolve and expand, the veterinary equipment and supplies market will remain a dynamic and essential component of animal healthcare worldwide.
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Radiant Insights: Unraveling the Veterinary Imaging Systems Market Size, Share, and Trends
Global demand for veterinary imaging systems is anticipated to increase at a CAGR of 6.3% from 2023 to 2033. As such, the veterinary imaging systems market is expected to increase from a valuation of US$ 1.9 billion in 2023 to US$ 3.5 billion by 2033-end.
Small companion animals are gaining traction due to increased pet adoption and growing evidence that having a pet has favorable health advantages for people. The adoption of small companion animals is increasing owing to the loneliness due to nuclear families, youngsters moving away from their homes to job locations, many bachelors living alone, and rising pet care spending.
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Market Growth and Drivers:
The veterinary imaging systems market has been experiencing growth due to the increasing adoption of pets and the rising demand for advanced veterinary care.
Veterinary imaging systems play a crucial role in diagnosing and treating various animal health conditions, including fractures, tumors, cardiovascular issues, and more.
Technological advancements in imaging systems, such as digital radiography, ultrasound, and magnetic resonance imaging (MRI), have enhanced diagnostic accuracy and capabilities.
Types of Veterinary Imaging Systems:
Digital Radiography: Digital X-ray systems provide high-quality images with reduced radiation exposure. They are commonly used for bone and chest imaging.
Ultrasound: Veterinary ultrasound systems are used for imaging soft tissues, abdominal organs, and reproductive organs in animals. They are non-invasive and can provide real-time imaging.
Computed Tomography (CT): CT scanners offer detailed cross-sectional images of the body and are particularly useful for diagnosing complex conditions.
Magnetic Resonance Imaging (MRI): Veterinary MRI systems use magnetic fields and radio waves to create detailed images of tissues, joints, and the central nervous system.
Nuclear Imaging: This includes techniques like scintigraphy and positron emission tomography (PET) used for specific diagnostic purposes.
Market Trends and Developments:
Portable and Point-of-Care Imaging: Portable and point-of-care imaging systems are gaining popularity as they allow veterinarians to conduct imaging studies directly at the patient’s location.
Advanced Imaging Modalities: Advancements in technology are leading to more advanced imaging modalities with higher resolution and faster scanning times, enabling quicker and more accurate diagnoses.
Integration of AI and Machine Learning: The integration of artificial intelligence (AI) and machine learning technologies is enhancing image analysis and aiding in the diagnosis of various conditions.
Telemedicine and Remote Consultations: Telemedicine and remote consultations are becoming more common, allowing veterinarians to collaborate and seek expert opinions remotely using imaging data.
Challenges:
Cost of Equipment: High costs associated with purchasing and maintaining advanced veterinary imaging equipment can be a barrier for smaller veterinary practices.
Technical Expertise: Operating and interpreting imaging systems require specialized training and expertise, which may be a challenge for some veterinary professionals.
Animal Restraint: Keeping animals still during imaging procedures can be challenging, particularly for certain species and conditions.
Global Market Players:
The veterinary imaging systems market is competitive and includes both established medical imaging companies and specialized veterinary equipment manufacturers.
Key players include companies like IDEXX Laboratories, Inc., Esaote SpA, Heska Corporation, Fujifilm Holdings Corporation, and Carestream Health, among others.
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Veterinary Ultrasound Scanners Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2022 to 2028
Future Market Insights (FMI) offers a 10-year forecast on the global veterinary ultrasound scanners market. The primary objective of the report is to offer updates and information related to market opportunities in the veterinary ultrasound scanners market.
By the end of 2028, the market for veterinary ultrasound scanners, which is presently valued at US$ 190 Million, is expected to have grown at a CAGR of 4% and be worth US$ 240 Million. Future Market Insights foresees a comparison and review study of the dynamics of the market for veterinary ultrasound scanners, which is primarily influenced by a variety of industry aspects as well as a few distinct influences on therapeutic views that foster industry innovation.
The market is significantly impacted by industry, macroeconomic, and inventive aspects. Market changes include wireless streaming on IBEX® PRO and LITE models and the creation of goods like the OsiriX® viewer for dogs, which enables precise and repeatable.
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The global veterinary ultrasound scanners market is segmented on the basis of product type into:
Portable/Hand Held Ultrasound Scanner
Cart Based Ultrasound Scanner
The report begins with the market definition, followed by definitions of the different product types. The market dynamics section includes FMI’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global veterinary ultrasound scanners market.
The report analyses the market on the basis of the imaging technology and end user and presents forecast in terms of value for the next 10 years.
On the basis of imaging technology, the global veterinary ultrasound scanners market is segmented into:
Digital Imaging Technology
Analog Imaging Technology
Contrast Imaging Technology
On the basis of the end users, the global veterinary ultrasound scanners market is segmented into:
Veterinary Hospitals
Veterinary Clinics
Animal Breeding and Farms
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Veterinary Ultrasound Market Worth $520.11 Million by 2030
Veterinary Ultrasound Market Worth $520.11 Million by 2030
According to a new market research report, ‘Veterinary Ultrasound Market by Animal Type [Small, Large (Equine, Farm)], Scanner [Cart-based, Handheld], Technology (2D, 3D/4D, Doppler), Application (Orthopedic, Cardiology, Obstetrics & Gynecology), End User (Clinic, Hospital) - Global Forecast to 2030,’ published by Meticulous Research®, the veterinary ultrasound market is projected to reach $520.11 million by 2030, at a CAGR of 6.1% from 2023 to 2030.
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Veterinary ultrasound devices are used for diagnostics and confirmation of the health status of livestock & companion animals. They play an important part in animal disease management and prevention. An ultrasound device also helps in pregnancy diagnosis in animals. The growth of the veterinary ultrasound market is driven by a rise in the adoption of animals, increasing prevalence of zoonotic diseases, technological advancements in ultrasound devices, increasing animal health expenditure & pet insurance in developed countries, and favorable government initiatives. However, the lack of skilled professionals hampers the growth of this market to a notable extent.
Increasing Animal Health Expenditure & Pet Insurance in Developed Countries Supports Veterinary Ultrasound Market Growth
Over the years, veterinary healthcare expenditure has increased. Americans spend a substantial amount on taking care of and feeding their animals. According to the American Pet Products Association, the country spent approximately USD 48.4 billion on pets in 2010. The spending increased to USD 109.6 billion in 2021, more than the combined GDP of the 39 poorest countries. Similarly, according to the Office for National Statistics, in the U.K., expenditure on pets and related products reached USD 6,891.0 million in 2019, from USD 6,233.0 million in 2015. The growth in pet insurance was mainly due to the rising cost of veterinary treatments and services. Thus, the increasing pet insurance is expected to increase veterinary visits, which, in turn, contributes to the growth of the veterinary ultrasound market.
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The global veterinary ultrasound market is segmented by Animal Type [Small Animals, Large Animals (Equine, Farm Animals)], Portability (Handheld Ultrasound Scanner, Cart-based Ultrasound Scanner), Technology (2D Ultrasound, Doppler Ultrasound, 3D/4D Ultrasound), Application (Orthopedics & Musculoskeletal, Cardiology, Obstetrics & Gynecology, and Other Applications), End User (Veterinary Clinics, Hospitals, and Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.
Based on animal type, in 2023, the small animals segment is expected to account for the largest share of the veterinary ultrasound market. Factors contributing to the large share of this segment are the increased companion animal population & pet ownerships in developed countries and a rise in the spending on pet healthcare. However, the large animal segment is projected to register the highest CAGR during the forecast period. This segment consists of cows, buffaloes, and horses, among others. The increasing livestock population and rising prevalence of zoonotic diseases in large animals primarily contribute to the growth of this segment.
Based on portability, in 2023, the cart-based ultrasound scanners segment is expected to account for the largest share of the veterinary ultrasound market. However, the handheld ultrasound scanners segment is projected to register the highest CAGR during the forecast period owing to the growing preference for ultrasound scanners for point of care testing. Its portable nature makes it feasible to access animals at remote locations. Additionally, product launches for a wide range of applications also contribute to this segment’s growth.
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Based on technology, in 2023, the 2D ultrasound segment is expected to account for the largest share of the veterinary ultrasound market. However, the 3D/4D imaging segment is projected to register the highest CAGR during the forecast period. The advantages of 3D/4D imaging over 2D in terms of diagnosis are contributing to the growth of this segment. Furthermore, 3D/4D imaging enables real-time tissue and organs visualization.
Based on application, in 2023, the cardiology segment is expected to account for the largest share of the veterinary ultrasound market. However, the obstetrics & gynecology segment is expected to register the highest CAGR during the forecast period due to the increasing adoption of ultrasound scanners for pregnancy testing. The demand for dog breeding further increased during the pandemic. Thus, the growing rate of dog breeding and the increasing demand for companion animals are the factors contributing to the growth of this segment.
Based on end user, in 2023, the hospitals segment is expected to account for the largest share of the veterinary ultrasound market. The accessibility to advanced veterinary ultrasound scanners with specific transducers for various applications, the availability of skilled professionals, and the presence of multi-specialty veterinary hospitals are some of the factors contributing to the segment’s large market share.
Based on geography, in 2023, North America is expected to dominate the global veterinary ultrasound market, followed by Europe and Asia-Pacific. Increased public awareness about the diagnosis of animal diseases, a large consumer base, and higher government funding for animal health research contribute to the large share of this market. However, Asia-Pacific is projected to register the highest CAGR during the forecast period.
The report also includes an extensive assessment of the product portfolio, geographic analysis, and key strategic developments adopted by leading market players during 2020–2022. In recent years, the veterinary ultrasound market has witnessed several strategic developments. Some of the key players operating in this market are Esaote S.p.A (Italy), Sonostar Technologies Co. (China), Universal Imaging Inc. (U.S.), FUJIFILM Sonosite, Inc. (U.S.), SOUND (U.S.), Samsung Electronics Co., Ltd. (South Korea), Shenzhen Mindray Animal Medical Technology Co., LTD. (China), Siemens Medical Solutions, Inc. (U.S.), Heska Corporation (U.S.), IMV Imaging Ltd (U.K.), and DRAMIŃSKI S. A. (Poland).
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Scope of the Report:
Veterinary Ultrasound Market, by Animal Type
Small Animals
Large Animals
Equine
Farm Animals
Veterinary Ultrasound Market, by Portability
Cart-based Ultrasound Scanner
Handheld Ultrasound Scanner
Veterinary Ultrasound Market, by Technology
2D Ultrasound
Doppler Ultrasound
3D/4D Ultrasound
Veterinary Ultrasound Market, by Application
Cardiology
Orthopedics & Musculoskeletal
Obstetrics & Gynecology
Other Applications
Other Applications include oncology, abdominal screening, and ophthalmology
Veterinary Ultrasound Market, by End User
Hospitals
Veterinary Clinics
Other End Users
Other End Users include imaging centers, point-of-care, and surgical centers
Veterinary Ultrasound Market, by Geography
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific
China
Japan
India
Rest of APAC (RoAPAC)
Latin America
Brazil
Mexico
Rest of Latin America (RoLATM)
Middle East & Africa
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Veterinary Ultrasound Market Worth $520.11 Million by 2030
New Post has been published on https://petn.ws/RZRf5
Veterinary Ultrasound Market Worth $520.11 Million by 2030
Redding, California, Feb. 06, 2023 (GLOBE NEWSWIRE) — According to a new market research report, ‘Veterinary Ultrasound Market by Animal Type [Small, Large (Equine, Farm)], Scanner [Cart-based, Handheld], Technology (2D, 3D/4D, Doppler), Application (Orthopedic, Cardiology, Obstetrics & Gynecology), End User (Clinic, Hospital) – Global Forecast to 2030,’ published by Meticulous Research®, the veterinary ultrasound market […]
See full article at https://petn.ws/RZRf5 #PetInsuranceNews
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Veterinary Ultrasound Scanners Market is expected to be valued at US$ 239.6 Mn by 2028 end
Future Market Insights (FMI) offers a 10-year forecast on the global veterinary ultrasound scanners market. The primary objective of the report is to offer updates and information related to market opportunities in the veterinary ultrasound scanners market.
Report Description
In terms of revenue, the global veterinary ultrasound scanners market is expected to register a CAGR of 4.2% during the forecast period, 2018–2028. The primary objective of the report is to offer insights on the market dynamics that can influence the growth of the global veterinary ultrasound scanners market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the global veterinary ultrasound scanners market are presented in the report.
The global market for veterinary ultrasound scanners is expected to witness high growth in terms of value in high economic countries due to increasing pet adoption and vet expenditure. Additionally, the development of advanced veterinary ultrasound scanners, such as wireless veterinary, portable, and high resolution ultrasound scanners, is expected to create enormous growth opportunities for the participants operating in the veterinary ultrasound scanners market. Increasing food safety concern, high consumption of livestock products, increasing screening of wild and pet animals are the factors consequently expected to boost the demand for veterinary ultrasound scanners over the forecast period.
The report includes veterinary ultrasound scanners such as portable/handheld ultrasound scanner and cart-based ultrasound scanner. The portable/handheld ultrasound scanners are mostly adopted due to ease in handling and portability.
In terms of revenue, the veterinary ultrasound scanners market in China is expected to grow at a relatively high CAGR over the forecast period due to increasing pet population and availability of cost-effective veterinary ultrasound scanners. To understand and assess the opportunities in this market, the report offers the market forecast on the basis of segments classified into product type, imaging technology, end users and regions. The report provides analysis of the global veterinary ultrasound scanners market in terms of market value (US$ Mn).
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The global veterinary ultrasound scanners market is segmented on the basis of product type into:
Portable/Hand Held Ultrasound Scanner
Cart Based Ultrasound Scanner
The report begins with the market definition, followed by definitions of the different product types. The market dynamics section includes FMI’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global veterinary ultrasound scanners market.
The report analyses the market on the basis of the imaging technology and end user and presents forecast in terms of value for the next 10 years. On the basis of imaging technology, the global veterinary ultrasound scanners market is segmented into:
Digital Imaging Technology
Analog Imaging Technology
Contrast Imaging Technology
On the basis of the end users, the global veterinary ultrasound scanners market is segmented into:
Veterinary Hospitals
Veterinary Clinics
Animal Breeding and Farms
Next, the report analyses the market on the basis of regions and presents the forecast in terms of value for the next 10 years. On the basis of region, the global veterinary ultrasound scanners market is segmented into:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding China & Japan
Japan
China
Middle East & Africa (MEA)
S.
Canada
Brazil
Mexico
Rest of Latin America
Germany
France
K.
Italy
Spain
Rest of Western Europe
Russia
Rest of Eastern Europe
India
Australia & New Zealand
ASEAN
Rest of APEJ
GCC Countries
South Africa
Rest of MEA
In addition, we have considered the Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify the growth opportunities for the companies operating in the global veterinary ultrasound scanners market.
Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective for services offered by the veterinary ultrasound scanners market. To understand the key segments in terms of their growth and performance in the global veterinary ultrasound scanners market, Future Market Insights has developed a market attractiveness index. The resulting index will help identify the existing market opportunities.
In the final section of the report, the ‘competitive landscape’ has been included to provide a dashboard view of the key companies operating in the global veterinary ultrasound scanners market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the veterinary ultrasound scanners market. However, this section also includes market strategies and SWOT analysis of the key players operating in the global veterinary ultrasound scanners market.
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Detailed profiles of veterinary ultrasound scanners manufacturers are also included in the scope of the report to evaluate their long- and short-term strategies. Examples of some of the key players operating in the veterinary ultrasound scanners market are Siemens AG, Mindray Medical International Limited, Hitachi, Ltd., Fujifilm Holdings Corporation, General Electric Company, Canon Inc., Samsung Electronics Co., Ltd., Esaote SpA, DRAMISKI S. A. and IMV Technologies SA.
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Global Veterinary Ultrasound Scanners Market Size And Forecast : Analysis with key players
Zion Market Research recently released a report that offers a comprehensive set of data, including the most recent developments on the Global Veterinary Ultrasound Scanners Market Research Report Covers, Future Trends, Size, Share, Past, Present Data and Deep Analysis, And Forecast, 2022-2028 that can aid in gaining a solid understanding of the global Veterinary Ultrasound Scanners industry. The study aids in the discovery of numerous viewpoints that will answer or provide insights on market size, segmentation, major growth factors, barriers, opportunities, regional analysis, and competitive landscape. In addition, market values and shares were estimated using current COVID-19 pandemic scenarios on the worldwide Veterinary Ultrasound Scanners market, which will assist users in better understanding the present market picture and recommending strategic company expansion plans accordingly. During the projection period of 2022 to 2028
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Key market player information
Top Leading Market Players Covered in this Report are : EsaoteSpA, Samsung Medison Co. Ltd., Siemens Healthineers, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., BCF Technology Ltd..
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Global Veterinary Ultrasound Scanners Industry, 2019 Market Research Report Veterinary Ultrasound Scanners Market Report The report offers an overview of the Veterinary Ultrasound Scanners with the help of application segments and geographical regions (United States, Europe, China, Japan, Southeast Asia, India, Central & South America, ROW) that govern the market currently.
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Veterinary Ultrasound Scanners Market to Reach an Opportunity of US$179.4 mn by the End of 2025
Global Veterinary Ultrasound Scanners: Snapshot
Veterinary ultrasound scanners are medical imaging devices that utilize high frequency sound waves to generate the image of body parts. Ultrasound does not use radiation like other imaging modalities, so it is one of the preferred viewing option during pregnancy. Ultrasound equipment used for animals are mostly similar to humans, except they use higher frequency and smaller size of probes. The global market for veterinary ultrasound scanners was worth US$103.0 million in 2016 and is expected to reach a valuation of US$179.4 mn by the end of 2025. The overall market is projected to exhibit a CAGR of 6% between 2017 and 2025.
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Portable or Hand Held Ultrasound Scanner to Lead Global Market are it Offers Remarkable Convenience
The global veterinary ultrasound scanners market is segmented on the basis of product type into portable/hand held ultrasound scanners and cart based ultrasound scanners. Portable/hand held ultrasound scanner accounted for over 80% share in terms of the value and approximately 90% in terms of volume of the global veterinary ultrasound scanners market, in 2016. The segment is anticipated to dominate the global veterinary ultrasound scanners market throughout the forecast period.
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On the basis of imaging technology, the veterinary ultrasound scanner market is segmented into digital imaging technology, analog imaging technology and contrast imaging technology. Digital imaging technology is expected to be the fastest growing segment and is expected to expand at 6%-7% CAGR over the forecast period of 2017–2025. Based on end user, the global market is segmented into veterinary hospitals, veterinary clinics and animal breeding and farms. Veterinary hospitals segments accounts for maximum share in the global market due to rise in population of companion animals leading to frequent visits to hospitals.
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Veterinary Ultrasound Scanners Market Global Industry Trends, Share, Size and 2023 Future Report
Veterinary Ultrasound Scanners Market Global Industry Trends, Share, Size and 2023 Future Report
The objective of Veterinary Ultrasound Scanners Market report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.
Veterinary Ultrasound Scanners Marketreport provides leading vendors in the Market is included based on…
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#Veterinary Ultrasound Scanners industry#Veterinary Ultrasound Scanners market#Veterinary Ultrasound Scanners market analysis#Veterinary Ultrasound Scanners market demands#Veterinary Ultrasound Scanners market forecast#Veterinary Ultrasound Scanners market trends#Veterinary Ultrasound Scanners Research Report
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More than US$ 198.8 Mn Revenues Projected to be Accounted by Veterinary Ultrasound Scanners Market by End of 2026
Effective imaging technologies such as ultrasound have successful penetrated the diagnostic premises of veterinary healthcare. Over the years, pet clinics and veterinary hospitals are using ultrasound technology to procure accurate and cost-effective images of organs of the animals being treated. A recent report by Future Market Insights projects that global sales of veterinary ultrasound scanners will witness a considerable upsurge in the near future. The study projects that the global market for veterinary ultrasound scanners will reach US$ 198.8 Mn value by the end of 2026.
The report also projects that during the forecast period, 2017-2026, the global market for veterinary ultrasound scanners will expand steadily at a CAGR of 5.4%. Animal husbandry business across the globe are witnessing a rise in incidence of bacterial diseases, which has compelled the early diagnosis of livestock. Moreover, effective imaging facilitated by ultrasound scanners has propelled their application in veterinary healthcare and diagnostics. However, a key restraint for the growth of the global veterinary ultrasound scanners market is the rising costs of scanners and incompatible technology infrastructure in veterinary clinics across the world.
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North America to Register Highest Sales
According to the report, the demand for veterinary ultrasound scanners is anticipated to gain traction in North America. Pet owners and ranchers in the US are actively opting for proper diagnosis of animals to protect them against zoonotic disorders such as anthrax, bovine tuberculosis, cat scratch fever and animal flu. In addition, the production of veterinary ultrasound scanners in North America has become cost-effective due to easy availability and less-complex procurement of raw materials. By the end of 2026, the veterinary ultrasound scanner market in North America is pegged to be worth over US$ 90 Mn. Europe is also estimated to be at the leading front of global expansion of the veterinary ultrasound scanners market during the forecast period.
High Demand for Portable Veterinary Ultrasound Scanners
The report further reveals that the demand for handheld or portable veterinary ultrasound scanners will be higher than cart-based machines. By the end of 2026, over 87% of revenues procured in the global veterinary ultrasound scanners market will be accounted by the sales of portable scanners. In addition, digital image technology will remain a sought-after, while other ultrasound technologies will witness a sluggish uptake through 2026. In terms of end-use, the veterinary hospitals segment is slated to lead, procuring over US$ 150 Mn revenues by 2026-end. Over the forecast period, the veterinary clinics are also expected to be viewed as key end-users of ultrasound scanners.
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The report has also profiled leading companies in the global veterinary ultrasound scanners market, which include Samsung Medison Co., Ltd., Siemens healthineers, BCF Technology Ltd., Esaote SpA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., DRAMINSKI S. A., ECHO-SON S.A., Caresono Technology Co., Ltd., Sonostar Technologies Co., Limited, and BIONET CO., LTD.
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Global Veterinary Ultrasound Scanners Market 2017- Grady Medical Systems, Esaote, Edan Instruments, Mindray
Global Veterinary Ultrasound Scanners Market 2017- Grady Medical Systems, Esaote, Edan Instruments, Mindray
Global Veterinary Ultrasound Scanners Market 2017 Research Report presents a professional and deep analysis on the present state of Veterinary Ultrasound Scanners Market 2017.
In the first part, Veterinary Ultrasound Scanners Market study deals with the comprehensive overview of the Veterinary Ultrasound Scanners market, which consists of definitions, a wide range of applications,…
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#Veterinary Ultrasound Scanners#Veterinary Ultrasound Scanners Industry#Veterinary Ultrasound Scanners Market#Veterinary Ultrasound Scanners Market 2017#Veterinary Ultrasound Scanners Market Share
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Veterinary ultrasound scanners research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
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