Veterinary Imaging Market Surge in Demand from Healthcare Industry to Boost Growth Forecast to 2027 | Excelsior Union Limited, Carestream Health, Onex Corporation, Esaote S.p.A

𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐞𝐭𝐞𝐫𝐢𝐧𝐚𝐫𝐲 𝐈𝐦𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Overview

Non-invasive veterinary imaging systems are frequently used to diagnose different diseases or conditions in household pets such as cats, dogs, horses, birds, rabbits, and goats, as well as farm animals such as cattle and pigs. To assess these animals, several imaging techniques like ultra sound imaging systems, magnetic resonance imaging, radiography, and CT scan are widely utilized. To identify an illness, these systems are frequently used in conjunction. The radiography system is used to identify bone fractures, soft internal bleeding, oral irregularities, and the presence of foreign bodies inside the animal by highlighting critical areas within the body. Ultrasound imaging is used to identify problems within organs in the vascular, heart, liver, and digestive using various techniques such as 2D/3D/4D systems. They are most often used to detect abnormalities in the heart and abdomen, although they cannot be used to scan gas-filled or bony structures.

𝐓𝐨 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.coherentmarketinsights.com/insight/request-sample/1555

𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Due to the high cost of imaging equipment, the global veterinary imaging market is projected to increase due to rising health insurance for both home and farm animals. According to the NAPHIA (North American Pet Health Insurance Association), the pet health insurance industry produced $774 million in premiums in 2015, up 17.2 percent from 2014. In 2015, 1.6 million dogs were insured, which represents a 12.0 percent increase over the previous year. The overall increase in pet ownership in homes is another element propelling the global veterinary imaging market forward. As most pets have one or two severe diseases over their lives, pet ownership drives the expansion of the global veterinary imaging market.

The global veterinary imaging market is projected to develop in tandem with the global expansion of livestock. According to a factsheet published by the Food and Agricultural Organization in 2017, there are over one billion pigs in the world. The presence of a large number of veterinary experts in developed areas such as North America is also anticipated to drive growth of the global veterinary imaging market.

𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬

Expensive veterinary imaging capital cost, as well as high diagnostic expenses, are key issues limiting the expansion of the global veterinary imaging market.

!!! 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐓𝐢𝐦𝐞 𝐃𝐈𝐒𝐂𝐎𝐔𝐍𝐓 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞!!! 𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐂𝐨𝐩𝐲 𝐚𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞 @ https://www.coherentmarketinsights.com/insight/request-discount/1555

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

IDEXX Laboratories, Inc. released IDEXX-PACS, a touch screen enabled imaging software version 4.0, in November 2014. This version has a more user-friendly interface, with text replaced by simple icons and other improvements to the imaging process.

Epica Medical Innovations introduced the Pegaso computed tomography scanner in January 2015. It is the first CT scanner made specifically for horses. Pegaso is equipped with a high-definition CT scanner with a wide field of view, high-resolution fluoroscopy, and digital X-ray.

Fairford Veterinary released VET ImageSuite, a highly inexpensive and adaptable image management system, in November 2017. The VET ImageSuite is a movable, drop-in device that includes a 64-slice CT, a veterinary digital x-ray unit, a mobile ultrasound, a control center, and an anesthesia and procedure room.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

North America is projected to maintain a leading position in the global veterinary imaging market. According to the American Pet Products Association, pet spending in the U.S. increased from $6.8 billion in 2016 to $69.2 billion in 2017.

Europe is the second-largest market for veterinary imaging, with one of the strongest pet insurance systems and a substantial proportion of pet owners living in common families. According to the United States, countries in Asia Pacific, such as China, provide attractive market growth prospects since they have one of the biggest populations of dogs and cattle, a report from the USDA (United States Department of Agriculture), 2017.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Key companies contributing in the global veterinary imaging market are IDEXX Laboratories, Inc., Hitachi, Ltd, Canon Inc., Carestream Health, Diagnostic Imaging Systems, Inc., Agfa- Gevaert N.V., Esaote S.p.A, Universal Medical Systems, Inc., GE Healthcare, Fujifilm Holdings Corporation, MinXray, Inc., Excelsior Union Limited, Hallmarq Veterinary Imaging Ltd., Onex Corporation, Siemens AG, BCF Technology, Ltd., and VCA Inc.

In order to enhance sales and meet the growing requirements of end consumers, companies in the industry are developing unique and creative goods. This, in turn, is projected to enhance growth prospects. Diagnostic Imaging Systems (DIS) introduced the DRwizard, a new digital x-ray system for the veterinary industry, in August 2016. This technology could remotely receive and send x-ray pictures. Rayence Inc. introduced MyVet imaging systems in October 2016, which is a veterinarian elevating DR X-Ray Table System that provides quiet elevation for comfort and stability, as well as being cost-effective and improving patient productivity.

𝐁𝐮𝐲-𝐍𝐨𝐰 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 – https://www.coherentmarketinsights.com/insight/buy-now/1555

Contact US:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

This release was published on openPR.