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Veterinary Teleradiology Market Competitive Landscape Forecasts to 2028

Veterinary Teleradiology Market Competitive Landscape

The global veterinary teleradiology market size was valued at USD 218.2 million in 2021, growing at a CAGR of 4.8% during the forecast period 2022-2028. The practice of medical image analysis and interpretation by a radiologist who is not present at the location where the pictures were created is known as veterinary teleradiology. Hospitals, veterinary radiology facilities, and pet clinics all use this market. Radiologists can use cutting-edge teleradiology technologies thanks to teleradiology to increase interactive patient care and treatment without any delays. Since radiologists are a specialized group of people who are typically found in urban regions, the idea of teleradiology emerged as a result of the shortage of radiologists. With the use of teleradiology marketplaces, qualified experts can offer their interpretation and direction around the clock in any country.

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Veterinary Teleradiology Market Growth Factors:
The demand for more effective treatment options is being fueled by the rising prevalence of obesity in dogs as a result of ailments such as joint disorders and osteoarthritis. Furthermore, cattle disease outbreaks can pose serious socioeconomic risks by disrupting regional, global, and rural markets and causing production losses. These elements are what are propelling the veterinary market. The COVID-19 pandemic has had a certain impact on the veterinary telemedicine business. During the continuing crisis, veterinarian telehealth is becoming more popular. The Veterinary Medical Association reported in 2020 that more veterinary teams and patients are using telemedicine to monitor and safeguard their health. Furthermore, a recurrent trend in the worldwide veterinary teleradiology market is machine learning and artificial intelligence learning (ML). In order to speed up turnaround times and make the technology more available to radiologists and other users in the value chain, Embrace Pet Insurance is pushing Vetology's veterinary teleradiology as well as other cutting-edge technologies based on AI and ML.

Veterinary Teleradiology Market Segmentation:
Veterinary Teleradiology Market on the basis of modality, the market is segregated into Computed Tomography (CT), Ultrasound Scans, X-ray, Nuclear Scans, Magnetic Resonance Imaging (MRI)). Based on service type, the market is divided into Day Time Coverage, Emergency care, Sub-Speciality Reading, Second Opinion). On the basis of animal type, the market is categorized into Companion Animals, Livestock). On the basis of end-user, the market is classified into Veterinary hospitals, Clinics, and Radiology centers.

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Veterinary Teleradiology Market Regional Analysis:
Due to the high rate of pet adoption, the rise in illnesses and accidents involving pets, and the rising costs of veterinary treatment, North America is anticipated to dominate the global market, with Europe predicted to take second place. Due to the rising trend of pet adoption and the growing need for teleradiology services, the market in the Asia-Pacific region is anticipated to rise at a substantial rate over the course of the projected period.

Key players' profiles in the veterinary teleradiology market report are Animal Imaging Consultants (U.S.), VetCT (U.K.), Lynks Group (U.S.), PetRays (U.S.), Vet-Rad LTD (U.S.), IDEXX Laboratories, Inc. (U.S.)

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