San Francisco, Dec 04 The
global veterinary
imaging market is expected to reach USD 3.27 billion by 2025,
according to a new report by Grand View Research, Inc. The veterinary medicine
field experienced immense technological developments in the last 20 years.
Various technologies of human medical practice are being adopted for diagnosis
and treatment of animals. Advancements in technologies are expected to fuel
growth. For instance, launch of portable imaging equipment with battery charge
is propelling the adoption of these systems in the following years.
Magnetic
Resonance Imaging (MRI) and ultrasound analysis are some of the advanced
technologies. MRIs are effective in the prognosis of human neurological
disorders. These days, veterinarians are using MRIs for the examination of
animal brains. This technology also helps in diagnosing soft tissues and
orthopedic structure of an animal’s body. MRI has applications in cardiology
for studying heart diseases.
Imaging
devices help veterinarians and technicians in the diagnosis and management of
zoonotic diseases. These instruments also assist in the diagnosis of injuries.
Increasing adoption of advanced technologies coupled with growing awareness
about animal health are some of the factors expected to propel market growth in
the coming years. For example, University of Pennsylvania’s School of
Veterinary Medicine was the first to use EQUIMAGINE, a diagnostic tool for
horses. This device has 2 imaging C-arms that help in scanning all body parts
of a horse. It also captures 2D CT images. This system is also currently being used
in the diagnosis of diseases that affect horses.
Browse full research report on Veterinary Imaging Market:
www.grandviewresearch.com/industry-analysis/veterinary-imaging-market
Further Key
Findings From the Study Suggest:
- Increasing demand for minimally invasive
diagnostic tools to reduce mortality and morbidity is anticipated to fuel
the market growth.
- Instruments held the dominant share owing to
their increasing adoption in reference laboratories and other animal
healthcare facilities
- The MRI segment is expected to witness lucrative
growth in the coming years owing to rising awareness about their benefits
in animal disease diagnosis
- Multi-slice CT scan systems are anticipated to
gain popularity over the forecast period
- Small companion animals held the dominant share
as of 2016 owing to increasing adoption of pets and concern about their
well-being
- Veterinary hospitals accounted for the largest
revenue share as of 2016 due to increase in adoption of imaging devices in
animal health care facilities
- The North America veterinary imaging market held
the dominant share as of 2016 owing to increasing number of animal
healthcare settings and awareness among pet owners in this region
- Asia Pacific regional industry is expected to
grow at a lucrative CAGR owing to increase in the number of veterinary
care facilities and investments in animal healthcare
- IDEXX Laboratories, Inc.; SOUND; GE Healthcare;
and Toshiba Corporation held the dominant share of the market owing to
their wide offerings of technologically advanced products and regional
presence
- Competitors are adopting strategies such as
launch of new products, mergers & acquisitions, and regional expansion
to gain competitive advantage
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/healthcare
Grand View Research has
segmented veterinary imaging market on the basis of the product, animal type,
application, end use, and region:
Product Outlook
(Revenue, USD Million, 2014 - 2025)
- Instrument
- Radiography X-ray
- Direct (Capture) Radiography
- Computed Radiography
- Film-based Radiography
- Ultrasound Imaging
- 2D Ultrasound Imaging
- 3D/4D Ultrasound Imaging
- Doppler Imaging
- MRI
- CT Imaging
- Multi-slice CT
- Single-slice CT
- Video Endoscopy Imaging
- Others
- Reagent
- Ultrasound Contrast Regents
- MRI Contrast Regents
- X-Ray/CT Contrast Reagents
- Nuclear Imaging
- Services
- Interventional Radiology & Endoscopy
- Teleradiology
- Advanced Imaging Services
- Veterinary PACS
- RIS PACS
- CVIS PACS
Animal Type
Outlook (Revenue, USD Million, 2014 - 2025)
- Small Companion Animals
- Large Animals
- Others
Application
Outlook (Revenue, USD Million, 2014 - 2025)
- Orthopedics and Traumatology
- Oncology
- Cardiology
- Neurology
- Others
End-use Outlook
(Revenue, USD Million, 2014 - 2025)
- Hospitals/Clinics
- Reference Laboratories
- Others
Regional Outlook
(Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-veterinary-imaging-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information:
www.grandviewresearch.com
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