The global Veterinary Ultrasound market was valued at USD 236.0 million in 2021 and it is anticipated to grow up to USD 858.1 million by 2031, at a CAGR of 13.6% during the forecast period.
Global Veterinary Ultrasound report from Global Insight Services is the single authoritative source of intelligence on Veterinary Ultrasound market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Major Players in the Global Veterinary Ultrasound Market
The key players in the market are GE Healthcare (US), Esaote SpA (Italy), FUJIFILM Holdings Corporation (Japan), Shenzhen Mindray Bio-medical Electronics Co., Ltd. (China), Siemens Healthineers (Germany), Diagnostic Imaging Systems, Inc. (US), IMV Imaging (UK), Shenzhen Ricso Technology Co., Ltd. (China), Heska Corporation (US), Clarius Mobile Health (Canada), E.I. Medical Imaging (US), and Samsung Medison Co., Ltd. (South Korea), among others.
Global Veterinary Ultrasound Market Segmental Overview
The report analyses the Global veterinary ultrasound market based on type, technology, application, end use, and region.
Global Veterinary Ultrasound Market by Type
Based on type, it is segmented into the 2-D ultrasound imaging, 3-D/4-D ultrasound imaging, doppler imaging. The 2-D ultrasound imaging segment is likely to account for the significant market share during the forecast period. The key factors attributing to the growth of the market is widespread adoption of 2D ultrasound in veterinary clinics.
Global Veterinary Ultrasound Market by Technology
Based on technology, it is segmented into digital imaging, contrast imaging, and analog imaging. The contrast imaging segment is likely to dominate the market during the forecast period. The largest share of the segment is attributed to the veterinary hospitals and clinics have a high penetration.
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Market Trends and Drivers
Rising animal diagnostic needs for a variety of health conditions such as pregnancy, organ enlargement, foreign body ingestion, and internal injuries have resulted in an increase in animal healthcare expenditure, which has aided industry growth. Furthermore, new product innovations may boost the veterinary ultrasound devices market outlook in the coming years, driven by rising demand for improved imaging technology and growing awareness of the importance of early and precise disease diagnosis.
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