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Limitations of Cart-based Veterinary Ultrasound Scanners to Drive the Demand for Portable Scanners

07-31-2018 09:47 AM CET | Health & Medicine

Press release from: Future Market Insights

Limitations of Cart-based Veterinary Ultrasound Scanners

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.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3356

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.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/askus/rep-gb-3356

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.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web:https://www.futuremarketinsights.com/

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