New York, The Global Veterinary Imaging Market was valued at USD 1.8 billion in 2021 and it is anticipated to grow up to USD 3.5 billion by 2031, at a CAGR of 6.8% during the forecast period.
Global Veterinary Imaging Market report from Global Insight Services is the single authoritative source of intelligence on Veterinary Imaging 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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Veterinary imaging is a branch of veterinary medicine that obtains medical images of animals to aid in disease diagnosis. Radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and other imaging systems are used to diagnose diseases in companion animals, large animals, livestock animals, and others.
Market Trends and Drivers
Globally, there is increase in the overall companion animal population and adoption rate. Having a companion animal is associated with positive health benefits such as reduced cardiac arrhythmias, normalised blood pressure, reduced anxiety, increased psychological stability, and improved well-being, according to several studies. Due to the COVID-19 pandemic’s loneliness and need for companionship, the ownership of companion animals has increased significantly. The growing pet population is expected to fuel demand for pet care products and services, supporting the growth of dependent industries such as the veterinary imaging market.
Global Veterinary Imaging Market Segmentation
By Product Type
• Instrument
• Reagents
• Others
By Animal Type
• Companion Animals
• Large Animals
• Others
By Application
• Orthopedics & Traumatology
• Oncology
• Cardiology
• Neurology
• Others
By End-use
• Clinics & Hospitals
• Reference Labs
• Other
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Major Players in the Global Veterinary Imaging Market
The key players in the market are GE Healthcare (US), Agfa-Gevaert N.V. (Belgium), Carestream Health (US), Esaote S.p.A (Italy), IDEXX Laboratories, Inc. (US), Mindray Medical International Limited (China), Canon Inc. (Japan), Heska Corporation (US), Siemens Healthineers (Germany), FUJIFILM Holdings Corporation (Japan), Konica Minolta Inc. (Japan), Samsung Electronics Co., Ltd. (South Korea), E.I. Medical Imaging (US), IMV imaging (UK), and SEDECAL (Spain) among others.
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