Global Veterinary Imaging Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Veterinary imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global veterinary imaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global veterinary imaging market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Veterinary imaging is a crucial diagnostic tool that relies on various technologies to visualize the internal structures of animals for diagnostic, monitoring, and research purposes. This non-invasive approach plays a pivotal role in the comprehensive healthcare of animals by detecting and diagnosing various health conditions. It assists in examining soft tissues, internal organs, and the reproductive system, making it indispensable for monitoring pregnancies and identifying abnormalities. Furthermore, veterinary imaging aids in surgical planning by providing a clear view of the anatomy of animals. It helps veterinarians in making informed decisions during surgical procedures. It is utilized to assess bone fractures, joint problems, and identify foreign objects that an animal may have ingested. Moreover, it is widely used in research to study animal physiology and disease processes by offering detailed and cross-sectional images.
Global Veterinary Imaging Market Trends and Drivers:
The growing number of households with pets, particularly dogs and cats, represents one of the key factors offering a favorable market outlook. As more people are adopting animals around the world, the demand for advanced veterinary diagnostics is rising. Besides this, aging pets are susceptible to various health issues. As a result, the aging pet population requires more frequent diagnostic procedures, including imaging, to monitor and manage age-related ailments. In addition, ongoing advancements in veterinary imaging technologies are making procedures safer, more accurate, and less invasive. These innovations enhance diagnostic capabilities, encouraging veterinarians to incorporate imaging into routine healthcare. Moreover, the trend toward humanizing pets is increasing investments in companion animal healthcare. Pet owners are increasingly willing to invest in the well-being of their pets, which is catalyzing the demand for advanced diagnostics, such as magnetic resonance imaging (MRI), computed tomography (CT) scans, and ultrasound. Additionally, the shift towards preventive healthcare for animals is strengthening the market growth. Furthermore, veterinarians are recommending early diagnostic procedures, including imaging, to detect potential health issues before they become severe, which is bolstering the market growth.
Global Veterinary Imaging Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Agfa-Gevaert N.V. (IG Farben), Canon Inc., Carestream Health Inc., Draminski S.A., Esaote SpA, Fujifilm holdings corp., Hallmarq Veterinary Imaging, Heska Corporation, IDEXX Laboratories Inc., IMV Technologies Group, MinXray Inc. and Siemens Healthineers AG (Siemens AG).
The report segmented the market on the basis of region, product type, animal type, application and end user.
Breakup by Product Type:
Instrument
Reagents
Others
Breakup by Animal Type:
Small Companion Animals
Large Animals
Breakup by Application:
Orthopedics and Traumatology
Oncology
Cardiology
Neurology
Others
Breakup by End User:
Hospitals and Clinics
Reference Laboratories
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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