Veterinary Ultrasound Market to grow up to USD 858.1 million by 2031, at a CAGR of 13.6% | GE Healthcare (US), Esaote SpA (Italy), FUJIFILM Holdings Corporation (Japan), Shenzhen Mindray Bio-medical Electronics Co., Ltd. (China)

Global Veterinary Ultrasound Market was valued at USD 236.0 million in 2021 and it is anticipated to grow up to USD 858.1 million by 2031, at a CAGR of 13.6% during the forecast period.

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Veterinary Ultrasound employs ultrasonic sound waves with frequencies ranging from 1.5 to 15 megahertz (MHz) to aid in the formation of images of body structures based on the pattern of echoes reflected from the tissues and organs being imaged. After directing an ultrashort pulse of sound into the animal, the transducer switches to the receive mode. Even at nearly microscopic levels, echoes occur when the sound beam changes velocity while passing from one density tissue to another. A small percentage of these echoes are reflected back to the transducer, which converts the echoes' energy into electrical impulses that are recorded by the ultrasound machine's computer.

Market Trends and Drivers

Rising animal diagnostic needs for a variety of health conditions such as pregnancy, organ enlargement, foreign body ingestion, and internal injuries have resulted in an increase in animal healthcare expenditure, which has aided industry growth. Furthermore, new product innovations may boost the veterinary ultrasound devices market outlook in the coming years, driven by rising demand for improved imaging technology and growing awareness of the importance of early and precise disease diagnosis.

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Global Veterinary Ultrasound Market Segmentation

By Type
• 2-D Ultrasound Imaging
• 3-D/4-D Ultrasound Imaging
• Doppler Imaging

By Technology
• Digital Imaging
• Contrast Imaging
• Analog Imaging

By Application
• Orthopedics
• Cardiology
• Oncology
• Obstetrics & Gynecology
• Others

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By End-use
• Veterinary Clinics
• Veterinary Hospitals
• Others

By Region
• North America
• Europe

Major Players in the Global Veterinary Ultrasound Market

The key players in the market are GE Healthcare (US), Esaote SpA (Italy), FUJIFILM Holdings Corporation (Japan), Shenzhen Mindray Bio-medical Electronics Co., Ltd. (China), Siemens Healthineers (Germany), Diagnostic Imaging Systems, Inc. (US), IMV Imaging (UK), Shenzhen Ricso Technology Co., Ltd. (China), Heska Corporation (US), Clarius Mobile Health (Canada), E.I. Medical Imaging (US), and Samsung Medison Co., Ltd. (South Korea), among others.

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