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Veterinary Imaging Market to Witness Massive Growth by 2026 | GENERAL ELECTRIC COMPANY, Agfa-Gevaert Group, Diagnostic Imaging Systems, Inc., Fujifilm Holdings Corporation, Esaote SpA, VCA Inc., Excelsior Union Limited, Idexx Laboratories

06-20-2019 03:34 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Veterinary Imaging Market

Veterinary Imaging Market

The Veterinary Imaging Market report offers sustainable forward looking growth programs, to ensure business success which is imperative for organizations. This report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The Veterinary Imaging Market research report is a complete overview of the market, covering various aspects like product definition, segmentation based on various parameters, and the prevailing vendor landscape. This Veterinary Imaging Market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This Global Veterinary Imaging Market research report delivers wide-ranging analysis of the market structure along with forecast of the diverse segments and sub-segments of the market. The Global Veterinary Imaging Market report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. The report also puts light on the various inhibitors as well as motivators of the product market in both quantitative and qualitative manner so that users get precise information.

Global Veterinary Imaging Market is expected to rise from its initial estimated value of USD 1.43 billion in 2018 to an estimated value of USD 2.4 billion by 2026, registering a CAGR of 6.7% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing population of livestock animals.

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Market Drivers

• Increasing number of pre-term births taking place globally which requires increased concern and focus on the infants born boosting the growth of the market

• There is an increasing demand for pet insurance and animal health expenditure due to high cost of pets.

• Growth in the animals market in livestock is working as a driver to the market growth

• There is an increase in demand for innovations in veterinary imaging instruments due to rise in number of animals in market.

• Growth in the number of veterinary practitioners & rise in their income levels in developed economies is also expected to act as a driver to the market growth

• Rising demand for animal-derived food products is a driver to the market growth

Market Restraints

• High amount of costing of these equipment is expected to act as a restraint to the market growth

• Increased cost in maintain of pets and livestock production is also expected to restrain the market growth

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By Product

o Instruments

 Radiography (X-Ray) Systems
 Direct (Capture) Radiography Systems
 Computed Radiography Systems
 Film-Based Radiography Systems
 Ultrasound Imaging Systems
 2D Ultrasound Imaging
 Doppler Imaging
 Computed Tomography Imaging Systems
 Multi-Slice Computed Tomography Systems
 Portable Computed Tomography Systems
 Video Endoscopy Imaging Systems
 Magnetic Resonance Imaging Systems
 Other Imaging Systems

o Veterinary Imaging Reagents

 Ultrasound Contrast Reagents
 MRI Contrast Reagents
 X-Ray/CT Contrast Reagents

o Veterinary Software

By Animal Type

o Small Companion Animals
o Large Animals
o Other Animals

By Therapeutic Area

o Orthopedics and Traumatology
o Oncology
o Neurology
o Other Therapeutic Areas

By End User

o Clinics
o Hospitals & Academic Institutions

By Geography

o North America

o South America

o Europe

o Asia-Pacific

o Middle East & Africa

Key Developments in the Market:

• In December 2018, August Equity acquired Hallmarq Veterinary Imaging Ltd. Hallmarq Veterinary Imaging is a global specialist in advanced diagnostics for equine and companion animals. By this acquisition august equity is making step in the animal health sector

• In October 2018, Mobius Imaging, LLC, announced that it has successfully completed a scan through Computed Tomography (CT) of a standing horse . It provides a 32-slice helical scan of the head and neck of a standing horse. It can be used for in standing surgery.

Competitive Analysis:

Global veterinary imaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of veterinary imaging market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the veterinary imaging market are

• Agfa-Gevaert Group. (Belgium);
• Hallmarq Veterinary Imaging (U.K.);
• Diagnostic Imaging Systems, Inc. (U.S.);
• Fujifilm Holdings Corporation (Japan);
• Esaote SpA (Italy);
• VCA Inc. (U.S.);
• Epica Medical Innovations (U.S.);
• Excelsior Union Limited (Russia);
• Idexx Laboratories, Inc. (U.S.);
• Carestream Health, Inc. (US);
• Sedecal USA, Inc. (U.S.);
• BCF Technology, Ltd. (U.K.);
• Minxray Inc. (U.S.);
• Hitachi, Ltd.(Japan);
• Canon Inc. (Japan);
• Siemens AG (Germany);
• NeuroLogica Corp. (U.S.);
• E.I. Medical Systems (U.S.);
• Echo Control Medical (U.S.);
• Karl Storz GmbH & Co. Kg (Germany);
• Heska Corporation (U.S.);
• Chison Medical Imaging Co. Ltd.(China);
• Allpro Imaging (U.S.);
• FLIR. (U.S.);
• Diagnostic Imaging, Inc(U.S.),
• E.I. Medical Imaging (US),
• Among others.

Reasons to Purchase this Report

• Current and future of global veterinary imaging market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

• Regions/Countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

• All segmentation provided above in this report is represented at country level

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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Data Bridge Market Research
Tel: +1-888-387-2818

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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