Global Veterinary imaging Market to Show Tremendous Growth by 2027 | Leading Players-GENERAL ELECTRIC COMPANY; Agfa-Gevaert Group., Hallmarq Veterinary Imaging; Diagnostic Imaging Systems

Global Veterinary Imaging Market has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Veterinary Imaging Market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Report specifies the complete estimate of Global Veterinary Imaging Market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region. Some are the key players taken under coverage for this study are GENERAL ELECTRIC COMPANY; Agfa-Gevaert Group., Hallmarq Veterinary Imaging; Diagnostic Imaging Systems, Inc.; Fujifilm Holdings Corporation; Esaote SpA; VCA Inc.; Epica Medical Innovations; Excelsior Union Limited; Idexx Laboratories, Inc; Carestream Health, Inc.; Sedecal USA, Inc.; BCF Technology, Ltd. and more

Veterinary imaging is a noninvasive technique for diagnosis of diseases using electromagnetic radiation or sound waves in small, large, exotic, avian, zoo, and other animals.

According to business Insider, there were an estimated 35000 deaths of dogs every year due to disease, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.

Market Analysis:

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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Key Market Competitors:

Few of the major competitors currently working in the veterinary imaging market are GENERAL ELECTRIC COMPANY; Agfa-Gevaert Group., Hallmarq Veterinary Imaging; Diagnostic Imaging Systems, Inc.; Fujifilm Holdings Corporation; Esaote SpA; VCA Inc.; Epica Medical Innovations; Excelsior Union Limited; Idexx Laboratories, Inc; Carestream Health, Inc.; Sedecal USA, Inc.; 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.

Global Veterinary imaging Market By Product (Instruments(Radiography (X-Ray) Systems (Direct (Capture), Computed, Film-Based), 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), Veterinary imaging reagents ,Veterinary software)  Animal Type (Small companion animals, Large animals, other animals), Therapeutic area (Orthopedics and Traumatology, oncology, Neurology, Other Therapeutic areas), End User (Clinics, Hospitals & Academic Institutions), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

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

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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

Segmentation: Global Veterinary Imaging Market

By Product
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
Veterinary Imaging Reagents
Ultrasound Contrast Reagents
MRI Contrast Reagents
X-Ray/CT Contrast Reagents
Veterinary Software
By Animal Type
Small Companion Animals
Large Animals
Other Animals
By Therapeutic Area
Orthopedics and Traumatology
Oncology
Neurology
Other Therapeutic Areas
By End User
Clinics
Hospitals & Academic Institutions

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.

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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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