Press release
Global Veterinary Imaging Market Set to Surge, Projected to Reach USD 4,306.6 Million by 2034 at a CAGR of 6.6%
The global veterinary imaging market is experiencing remarkable growth, driven by an increasing demand for advanced animal healthcare services and a significant rise in pet ownership. Recent projections indicate that the market is expected to reach a value of USD 2,272.8 million in 2024, with further expansion anticipated to achieve USD 4,306.6 million by 2034. This growth reflects a strong compound annual growth rate (CAGR) of 6.6% over the next decade.๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐จ๐ฐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ซ๐ ๐๐ก๐๐ฉ๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ: ๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ! https://www.futuremarketinsights.com/report-sample#5245502d47422d3132333638
๐๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐๐ฎ๐๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐ข๐ฆ๐ฉ๐ซ๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐ฏ๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐ข๐ฆ๐๐ ๐ข๐ง๐ ๐ฌ๐๐๐ญ๐จ๐ซ:
โข ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ: As comprehensive veterinary care becomes more critical, there is a heightened need for advanced imaging technologies that improve diagnostic accuracy and treatment effectiveness.
โข ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ญ ๐๐ฐ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ: The global trend of increased pet ownership is leading to higher demands for veterinary services, including sophisticated imaging solutions. Pet owners are increasingly pursuing high-quality medical care for their pets, significantly driving the adoption of advanced imaging technologies.
โข ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก: A growing consciousness regarding the importance of animal health and well-being is further contributing to the veterinary imaging market's expansion. Both veterinary professionals and pet owners are acknowledging the value of early and accurate diagnostics in enhancing animal health outcomes.
As the veterinary imaging market evolves, advancements in technology and an increase in the availability of cutting-edge imaging solutions are anticipated. These developments will not only bolster industry growth but also enhance the quality of veterinary care worldwide.
According to an analyst at Future Market Insights (FMI), "The adoption of digital imaging technologies has revolutionized the industry. It allows for efficient sharing and analysis of images, integration of AI, and miniaturization of devices, thereby speeding up the diagnosis and treatment process."
As the market continues to expand, stakeholders in the veterinary field are encouraged to embrace these innovations to meet the increasing demands of pet owners and improve overall animal health outcomes.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ:
โข Market share of 57.7% for 2024 has reported mass growth as pet owners seek specialized care in the veterinary imaging industry.
โข Veterinarians encounter orthopedic applications as the most common practice, with a share of 30.9% for 2024.
โข The veterinary imaging market in Canada is set to experience an exponential increase with a 10% CAGR through 2034.
โข The veterinary imaging market in Malaysia is projected to grow at a CAGR of 7.8% through 2034.
โข The veterinary imaging market in Indonesia is anticipated to develop at a CAGR of 7.1% through 2034.
โข The veterinary imaging market in the United Kingdom is predicted to rise at a 6.1% CAGR through 2034.
โข The veterinary imaging market in the United States is estimated to rise at a 5.4% CAGR through 2034.
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐๐ ๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐๐๐ฌ๐ฌ ๐๐ฎ๐ซ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ! https://www.futuremarketinsights.com/reports/veterinary-imaging-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Growth initiatives taken in advancing the technologies are fueling market sales. Prominent players are collaborating with local companies to expand their distribution channels. Many key veterinary imaging manufacturers are inclined to invest significantly in innovation, research, and development practices to uncover increased applications in the veterinary imaging market.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โข Antech introduced AIS RapidRead and Nu.Qยฎ Canine Cancer Test to revolutionize veterinary diagnostics in April 2024.
โข SK Telecom partnered with Vetology Innovations to bring X Caliber, an AI-powered diagnostic service for pets, to the U.S. market in January 2024.
โข iCRco, Inc.'s CLARIS V Cone Beam Computed Tomography (CBCT) imaging device at Santa Barbara Zoo provided precise 3D imaging for enhanced veterinary diagnostics and treatment in June 2023.
๐๐๐๐๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐๐ฆ๐๐ ๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข Esaote
โข IDEXX Laboratories, Inc.
โข IMV Technologies group
โข Carestream Health
โข Hallmarq Veterinary Imaging Ltd.
โข MinXray, Inc.
โข Universal Medical Systems, Inc.
โข Agfa- Gevaert N.V.
โข Mindray Medical International Ltd.
โข GE Healthcare
โข Siemens AG
๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ ๐๐จ๐ฎ๐ซ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐ฅ-๐๐ข๐ฆ๐ ๐๐๐ญ๐! https://www.futuremarketinsights.com/industry-analysis/animal-health-devices
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
Based on product type, the sector is primarily divided into equipment, software, and reagents. Veterinary imaging equipment is further categorized as radiography (X-ray), ultrasound imaging, magnetic resonance imaging, computed tomography, video endoscopy imaging, and other systems.
Radiography systems are also further bifurcated into computed and film-based radiography. Ultrasound imaging systems are divided into 2D and 3D US imaging. Computed tomography systems are also parted into two single and multi-slice CT.
๐๐ฒ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฒ๐ฉ๐:
Small and large animals are two categorized sections of animal type in this industry.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
Veterinary imaging is applied for cardiology, orthopedics, neurology, oncology, and others.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
Clinics, hospitals, institutes, and research centers are top end users of veterinary imaging.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
A regional analysis has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐'๐ฌ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ง ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐จ๐ฆ๐๐ข๐ง:
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐๐ซ๐๐ ๐ง๐๐ง๐๐ฒ ๐๐๐ฌ๐ญ ๐๐ข๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ - ๐๐ข๐ณ๐, ๐๐ก๐๐ซ๐ & ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐: https://www.futuremarketinsights.com/reports/veterinary-pregnancy-test-kit-market
๐๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐๐ฅ๐ญ๐ซ๐๐ฌ๐จ๐ฎ๐ง๐ ๐๐๐๐ง๐ง๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ - ๐๐ซ๐จ๐ฐ๐ญ๐ก & ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐: https://www.futuremarketinsights.com/reports/veterinary-ultrasound-scanner-market
๐๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐๐ ๐๐๐๐ง๐ง๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก - ๐๐ซ๐๐ง๐๐ฌ & ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐: https://www.futuremarketinsights.com/reports/veterinary-computed-tomography-scanner-market
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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