Europe Veterinary Imaging Market Size, Share, Analysis, Growth, Trends and Outlook Forecast 2023-2030.

Report Overview:

The Europe veterinary imaging market is estimated to reach at a high CAGR during the forecast period (2023-2030).

Veterinarians may examine a pet's insides to detect sickness using medical imaging, a diagnostic tool. One of its key benefits is its non-invasive nature, which removes the need for an incision to get an image. When a veterinarian detects an illness that cannot be identified with a regular physical examination or blood test, medical imaging is usually recommended.
In veterinary medicine, radiography may conduct four kinds of medical imaging. CT, MRI, ultrasound, and X-rays are among them. Because radiography in veterinary medicine may be quite sophisticated, a veterinary radiologist may be necessary to appropriately interpret the data.

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Market Drivers:
The key driver of market development is likely to be the increased adoption of companion and livestock animals.

On a large scale, both the number of companion animals and the rate of adoption have grown. Numerous studies have linked keeping a companion animal to a variety of health benefits, including fewer cardiac arrhythmias, stable blood pressure, reduced anxiety, enhanced psychological stability, and improved well-being. As the number of pets grows, so will the need for pet care products and services, fueling the expansion of allied sectors such as veterinary imaging.

For example, the European Pet Food Federation (FEDIAF) 2021 has issued an annual evaluation of the European pet market and population. Pet ownership benefits 88 million households (38%), and the pet food business has grown by 2.8% to $21.8 billion. Pets earn benefits for their company throughout the epidemic, with 21.2 billion spent on services and goods, a 7.6% rise over the previous year, and 1.5 billion. This is $9.2 billion in accessories and $12,000 in services.

Market Segmentation: Ultrasound imaging Systems is anticipated to increase quickest (2023-2030).

Ultrasound instruments are expected to dominate veterinary diagnostic imaging. Ultrasound devices allow veterinarians to quickly diagnose and treat animals and are easy to use. As a consequence, vets like them. Emergency rooms, ambulances, and point-of-care evaluations may employ these technologies. Unlike pricey, inflexible, and unwieldy ultrasound machines, they diagnose and respond quickly.

Market Companies:
Esaote, Minxray Inc, Agfa-Gevaert Group, Sound Technologies, Esaote SPA, General Electric, VetZ GmbH, Heska Corporation, Siemens Healthcare GmbH, Butterfly Network Inc and more.

By Equipment

• Radiography (X-ray) Systems
• Ultrasound Imaging Systems
• Computed Tomography Imaging Systems
• Magnetic Resonance Imaging Systems
• Video Endoscopy Imaging Systems
• Others

By Application

• Cardiology
• Oncology
• Neurology
• Orthopedics
• Other

By End User

• Veterinary Hospitals
• Clinics
• Diagnostic Centre

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

Geographical Share: U.K. holds the largest market share in the Europe Veterinary Imaging market.

U.K. dominates the Europe veterinary imaging market primarily due to its large population, excellent medical infrastructure, and high-income levels. Due to factors like expanding pet adoption and rising per capita spending on veterinary care, the U.K. is anticipated to maintain a sizeable market share. Additionally, the primary driver of market expansion has been recognized as the increase in the occurrence of numerous animal diseases and injuries. According to a People's Dispensary for Sick Animals survey, 50% of adults in the U.K. own a pet. A cat is owned by 24% of people, whereas a dog is owned by 26%. Additionally, a modest but significant proportion of people own a rabbit.

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