Press release
Global Demand for Veterinary Imaging Systems Is Anticipated to Increase At A CAGR Of 6.3% BY 2033
The demand for veterinary imaging systems is expected to grow significantly at a CAGR of 6.3%. It is anticipated that sales of veterinary imaging systems will rise from US$ 1.9 billion in 2023 to US$ 3.5 billion in 2033.During the projection period (2023 to 2033), an increase in the prevalence of animal diseases, particularly among companion animals, is anticipated to boost demand. Sales are projected to increase as people become more aware of animal diseases and potential early detection techniques to stop epidemics.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.factmr.com/connectus/sample?flag=S&rep_id=177?pj
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ:
โข Based on the product type, the X-rays is expected to account for 60% of revenue in the global market.
โข In terms of animal type, the small companion animals segment is expected to be the dominant one in the market.
โข By end use, the veterinary hospitals segment is expected to account for significant share in the global market by 2033
โข The United States is expected to vanguard the sales in North America veterinary imaging systems market backed by the development of AI-enhanced imaging systems.
โข Japan is expected to emerge as the lucrative market in Asia Pacific on the back of favorable government initiatives to prevent the outbreak of zoonotic diseases
โข Veterinary imaging systems demand in Germany is predicted to surge at a robust pace as awareness regarding tumors in pet animal's surges.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โข Increasing demand for diagnostic tools for the proper maintenance of small pets such as dogs and cats is likely to boost the market.
โข Growing awareness regarding the pet insurance policies coupled with advancement in technology will drive the demand.
โข Advent of artificial intelligence (AI) in healthcare industry has transformed the face of veterinary care as well. With rising use of AI in diagnosing the diseases is predicted to propel the growth in the market. As per the study, x-ray systems segment is likely to account for nearly 3/5th of revenue in the market over the upcoming decade.
โข Regionally, North America is expected to be the most lucrative veterinary imaging systems market. Rising adoption of advanced and digitally enhanced veterinary imaging systems is the key factor driving the growth in the region.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐ฅ๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Key players in the market are focusing on innovation, product launches, collaborations and partnerships, mergers, and acquisitions to gain competitive edge. Few of the leading companies are investing in research for developing advanced and are integrating AI to cater to the growing demand for non-invasive imaging systems.
๐ ๐จ๐ซ ๐ข๐ง๐ฌ๐ญ๐๐ง๐๐,
โข In September 2021, Heska Corporation (the United States) announced that it had acquired a directing interest in Biotech Laboratories LLC, taking its global product lines and intellectual property range to new levels.
โข In August 2021, Esaote entered into a strategic agreement with the Magnet Group, granting Magnet Group and its members full access to the company's operations in North America, including such goods and services. This relationship has allowed Esaote to develop its customer base and extend its reach.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
โข Siemens Healthcare GmbH
โข IDEXX Laboraties, Inc.
โข Epica Animal Health
โข ReproScan
โข Bruker
โข PerkinElmer Inc.
โข MinXray, Inc.
โข SonoScape Medical Corp.
โข Esaote SpA
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐๐ฆ๐๐ ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
โข By Product :
โข Ultrasound Systems
โข MRI
โข X-Ray Systems
โข Endoscopy Devices
โข By Animal Type :
โข Small Companion Animals
โข Large Animals
โข By End Use :
โข Veterinary Hospitals
โข Veterinary Clinics
โข Veterinary Reference Laboratories
โข By Region :
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข Middle East & Africa
Key Questions Covered in the Veterinary Imaging Systems Market Report
โข What will be the demand outlook for the veterinary imaging systems market during the forecast period?
โข Which are the challenges faced in the veterinary imaging systems market?
โข Which region will lead the growth in the global veterinary imaging systems market?
โข What is the projected market valuation of the veterinary imaging systems market in 2033?
โข Which are the factors driving the veterinary imaging systems market?
โข Which end use will generate the maximum revenue in the global veterinary imaging systems market?
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=177?PJ
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