Veterinary Imaging Market to Grow by a CAGR of ~11% During 2023 – 2033
Research
Nester published a report titled “Veterinary Imaging Market: Global Demand Analysis
& Opportunity Outlook 2033”
which delivers
detailed overview of the global veterinary imaging market in terms of market
segmentation by product type, animal type, application, end-user, and by
region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The
global veterinary imaging market to grow with a CAGR of ~11% over the forecast
period, i.e., 2022 - 2031. The market is segmented by application segment into
cardiology, orthopedics, traumatology, neurology, oncology, and others. Amongst
these, the oncology segment is anticipated to grow at the highest rate during
the forecast period backed by the growing tendency in people to deliver best
health treatment to their loved pets, and growing occurrence of several kind of
cancer in animals.
The
global veterinary imaging market is projected to extensively grow owing to the
increasing prevalence in zoonotic disorders, followed by the huge progression in
veterinary science through which the clinical diagnosis of animals has become
more easy and advanced. Furthermore, worldwide increase in pet insurance, and
an upsurge in livestock population are some of the major factors anticipated to
drive the growth of the market in the forecast period.
Browse Full Research Report@ https://www.researchnester.com/reports/veterinary-imaging-market/4326
Regionally,
the global veterinary imaging market is segmented into five major regions
comprising of North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. The market in the North America region is estimated to
witness significant growth over the forecast period owing to the rising disposable
income, implementation of advanced veterinary imaging devices, and massively
growing adoption of companion animals in the region.
The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment
opportunities, demand for future outlook etc. has also been covered and
displayed in the research report.
Significant
Advancement in Veterinary Science to Drive the Market Growth
According to research,
veterinarians are now able to gather more detailed data and provide a more
precise diagnosis coupled with the availability of 3D images in ultrasound and
MRI scans. The technology and image format also facilitate information sharing
with customers, experts, or reference sources.
The
increasing occurrence of several kind of diseases are a threat for animals.
Numerous type of cancer has been taking the lives of dogs in their very early
age. Therefore, to provide a best and lifesaving treatment via deploying
advanced devices is utmost important. Numerous advancements have been made in
the veterinary field, particularly in the area of clinical diagnosis. Since big
data and IoMT have been incorporated, clinical diagnosis of animals is being
performed without any difficulty. Today's veterinary imaging is more accurate
and precise, and it greatly aids in providing proper care in emergency
situations as well. In this way, increasing advancement in veterinary science
is fueling up the global veterinary imaging market growth.
However,
deficit of skilled veterinarians, extreme price of veterinary imaging systems,
and deficit of sentience associated with animal healthcare in emerging
countries are expected to operate as key restraint to the growth of global
veterinary imaging market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global veterinary imaging market which includes company
profiling of Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Siemens
Aktiengesellschaft, Konica Minolta, Inc., IDEXX Laboratories, Inc., Heska
Corporation, Carestream Health, Inc., IMV imaging (UK) Ltd, Hallmarq Veterinary
Imaging Ltd, Universal Medical Systems, Inc., MinXray, Inc., and others. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global
veterinary imaging market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the
future.
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