Veterinary Imaging Market Top Trends, Growth Analysis and Geological Overview with Fujifilm Holding Corporation, Heska Corporation, Idexx Laboratory, Canon, etc. by 2023

Market Research Future published a research report on Veterinary Imaging Market. By Major Industry Trends, Worldwide Business Analysis, Major Segments and Sub segments. Veterinary Imaging Market to Surpass a Valuation of USD 1800 Million by 2023.

Veterinary Imaging Market - Overview

The global veterinary imaging market was valued at USD 1.24 Bn in 2017 and is projected to reach an estimated evaluation of USD 1.85 Bn by the end of 2023 while observing a consistently average CAGR of 6.90% during the forecast period of 2017 to 2023. The globally changing attitude toward animal welfare and the increasing incidences of zoonotic diseases have prompted growth for the global market.

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According to the Maine Center for Disease Control & Prevention, close to three-fourths of emerging infectious diseases that affect humans originate in animals. With rising incidences of zoonotic diseases over the past decade or so, has raised the requirement for the development of appropriate diagnostic measures. Moreover, with pet adoption rising, animals are increasingly becoming a member of the family, and as such, pet owners and animal enthusiasts who work in animal rescue have compelled demand for advancements in diagnostic technology such as veterinary imaging for the detection of chronic diseases. Pet insurance often offers up to 80% reimbursement, and due to the growing demand for advanced diagnostics, pet owners are spending on insurance for their animal companions. The North American Pet Health Insurance Association (NAPHIA) has recorded a 17.2% increase in pet health insurance from 2014 to 2015.

Report Overview:

This MRFR market perspective examines the historical trends and current scenario of the global veterinary imaging market to deliver a highly pertinent growth forecast. The primary objective of the report is to deliver actionable insights, market facts and relevant data that will allow report users to make informed decisions and device growth strategies. The report includes key trends, drivers and restraints that are likely to influence the market over the next five years. All the crucial parameters were considered before determining the market size. A section of the report thoroughly discuses all the market segments based on which the overall market value was estimated.

Vital Players:

Fujifilm Holding Corporation

Heska Corporation

Idexx Laboratory

Canon

BCF Technology

Esaote SpA

Medical Imaging / IMCO

Diagnostic Imaging System

And more.

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Regional Analysis:

Based on region, the market has been segmented into North America, South America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). In 2017, North America and South America collectively accounted for the largest share in the global veterinary imaging market. In light of the high pet adoption in these two region, market players continue to find significant growth opportunities in Americas. Moreover, the pet insurance sector has witness a considerable uptick in recent years, particularly in countries such as America and Canada. Europe holds the second spot in the global market for veterinary imaging on account of factors such as the strong presence of leading market players, availability of advanced technology and increasing ownership of companion animal. Meanwhile, APAC accounts for the third largest market owing to the presence of large animal population, increasing disposal income, increasing nuclear families preferring to have pets, and increased investments by the American and European market giants in Asian countries such as China and India.

Veterinary Imaging Market - Segments

MRFR’s report offers a detailed segmental analysis of the market based on product type, by animal type, by therapeutic area, by end users, and by region. By product type, the market is segmented into veterinary imaging instruments, veterinary imaging reagents, and veterinary imaging software. The veterinary imaging instruments segment currently holds the maximum share of the global veterinary imaging market. Conventional imaging systems such as X-ray, CT, ultrasound (US), and MRI are mainly used to evaluate the anatomy but are unable to diagnose any change at the molecular level. However, with the increased focus towards innovations in the field of veterinary medicine, several new biological imaging reagents have surfaced of late. On the basis of animal type, the market is segmented into small companion animals, large animals, and others.

Major TOC of Veterinary Imaging Market Research Report- Forecast to 2023:

1 Report Prologue

2 Executive Summary

3 Market Introduction

4 Research Methodology

5 Market Dynamics

6 Market Factor Analysis

7 Global Veterinary Imaging Market, by Product Type

8 Global Veterinary Imaging Market, by Animal Type

9 Global Veterinary imaging Market, by Therapeutic Area

10 Global Veterinary Imaging Market, by End-User

11 Global Veterinary imaging Market, by Region

12 Competitive Landscape

13 Company Profiles

14 Appendix

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This release was published on openPR.