Press release
Veterinary Imaging Market is expected to reach USD 3.03 Billion by 2030 : Cognitive Market Research
Veterinary Imaging Market is expected to reach USD 3.03 Billion by 2030 : Cognitive Market Research
- Veterinary imaging refers to the use of various non-invasive medical imaging techniques to diagnose and treat illnesses and injuries in animals. The most common imaging techniques used in veterinary medicine include radiography (X-rays), ultrasonography (ultrasound), magnetic resonance imaging (MRI), computed tomography (CT), and nuclear imaging (scintigraphy).
Summary:
- The Global Veterinary Imaging Market size is expected to grow from USD 1.79 Billion in 2022 to USD 3.03 Billion by 2030, at a CAGR of 6.8 % during the forecast period (2023-2030).
"To know more about The Veterinary Imaging Market statistics click here: https://www.cognitivemarketresearch.com/veterinary-imaging-market-report
Market Dynamics:
- The growing pet ownership, increasing focus on animal health, pet insurance, and the growing number of veterinary practitioners are some of the key factors fuelling the market growth. Moreover, increasing development of new and advanced imaging technologies, such as digital radiography, ultrasound, CT, and MRI, the accuracy and efficiency of veterinary imaging have improved significantly. These new technologies and advancements driving further growth in the future.
However, the cost of veterinary imaging equipment is high, and this can make it difficult for small veterinary clinics to invest in these technologies, which can limit access to advanced imaging services for some pet owners. This factor is anticipated to hamper the growth of the Global Veterinary Imaging Market.
Market Segmentation:
Product
• MRI
• CT Imaging
• X-ray
• Ultrasound
• Video Endoscopy
Based on the Product, the X-ray product segment dominated the market in the year 2022. This is due to an increase in the prevalence of orthopedic diseases in animals, X-rays are one of the most commonly used diagnostic procedures in veterinary clinics.
Animal Type
• Small Animals
• Large Animals
Based on Animal Type, the Small Animals segment held the largest share in 2022. This growth is due to increasing pet ownership of small animals and increasing animal healthcare expenditure.
Application
• Orthopaedics and Traumatology
• Neurology
• Respiratory
• Oncology
• Dental Application
• Cardiology
• Other
Based on Application, the Orthopaedics and Traumatology segment accounted for the largest revenue share owing to increasing bone fracture incidence among small animals.
Solutions
• Equipment
• PACS
• Accessories/ Consumables
End-use
• Veterinary Hospitals & Clinics
• Others
The Major Players in Veterinary Imaging Market are:
GE Healthcare, Excelsior Union Limited, Onex, Esaote, Idexx Laboratories, VCA, Hitachi, Siemens
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Regional Analysis:
- North America is a leading region of the Veterinary Imaging Market
North America is accounted for the largest share of the Global Veterinary Imaging Market owing to increasing pet ownership, increasing new and advanced imaging technologies, rise in animal diseases and injuries, and increasing adoption of pets for emotional support are some of the major factors supporting the growth of the Veterinary Imaging Market in North America.
News:
• Esaote North America, Inc. announced the next generation in veterinary MRI with the Magnifico Vet open MRI system
The demand for veterinarian imaging services has increased at an unprecedented surge due to the sharp rise in pet ownership across the US. In January 2023, Esaote North America, Inc. introduced the Magnifico Vet MRI system, a new imaging option specifically designed to provide diagnostic efficacy in various veterinary hospitals. This move is being made to keep up with changing demands.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Veterinary Imaging Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Veterinary Imaging Market Segmentation
1.5.1 Veterinary Imaging Market Regional Fragmentation
1.5.1 Veterinary Imaging Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Veterinary Imaging Market
Chapter 4 Global Veterinary Imaging Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Veterinary Imaging Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Veterinary Imaging Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Veterinary Imaging Market by Animal Type Segmentation Analysis (2018-2030)
Chapter 12 Global Veterinary Imaging Market by Solutions Segmentation Analysis (2018-2030)
Chapter 13 Global Veterinary Imaging Market Regional Analysis
Chapter 14 North America Veterinary Imaging Market Outlook (2018 - 2030)
Chapter 15 Europe Veterinary Imaging Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Veterinary Imaging Market Outlook (2018 - 2030)
Chapter 17 Latin America Veterinary Imaging Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Veterinary Imaging Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Veterinary Imaging Market TOC click here: https://www.cognitivemarketresearch.com/veterinary-imaging-market-report#table_of_contents
Related Reports:
• Veterinary CT scanner Market - https://www.cognitivemarketresearch.com/veterinary-ct-scanner-market-report
• Veterinary CRO Market - https://www.cognitivemarketresearch.com/veterinary-cro-market-report
• Animal Health Market - https://www.cognitivemarketresearch.com/animal-health-market-report
• Veterinary Imaging Software Market - https://www.cognitivemarketresearch.com/veterinary-imaging-software-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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