Global Veterinary Imaging Market Research Report by Product (X-ray, Ultrasound, MRI, CT Imaging, Video Endoscopy), by Solutions (Equipment, Accessories/ Consumables, PACS) by Application (Orthopedics And Traumatology, Oncology, Cardiology, Neurology, Respiratory, Dental Application, Other), by End-use (Veterinary Clinics & Hospitals, Other End-use), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19
Report ID : IR100739 | Industries : Healthcare | Published On :March 2024 | Page Count : 6
Global Veterinary Imaging Market Research Report by Product (X-ray, Ultrasound, MRI, CT Imaging, Video Endoscopy), by Solutions (Equipment, Accessories/ Consumables, PACS) by Application (Orthopedics And Traumatology, Oncology, Cardiology, Neurology, Respiratory, Dental Application, Other), by End-use (Veterinary Clinics & Hospitals, Other End-use), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19
Global Veterinary Imaging Market
The global Veterinary Imaging market was valued at USD 1.85 billion in 2021 which expected to reach USD 2.94 billion by 2027 at a CAGR 8.03 % from 2022-2027.
Veterinary imaging equipment are in high demand for properly caring for pets such as dogs and cats. They aid in the detection of sinus/nasal problems by separating neoplasia from rhinitis. This also aids in the interpretation of biopsy test results. These gadgets offer a higher sensitivity for identifying brain hemorrhage and skull fractures. Veterinary imaging systems have undergone a lot of technological advances in recent years.
Market Drivers
The increased emphasis on animal health innovation, the rising need for timely diagnosis of chronic conditions, increased adoption of imaging technologies in veterinary orthopedics’, dentistry, and several other indications, and increased pet adoption and ownership rates have all contributed to an increase in demand for veterinary imaging.
Market Restraints
Imaging devices with a high price tag
The high cost of imaging tools will slow the market's expansion. Veterinary imaging equipment is not cheap. In affluent countries like as Germany, the United States, Japan, and the United Kingdom, entry-level console (portable) ultrasound systems range in price from USD 22,000 to USD 75,000.
Impact of COVID-19
The development of Covid-19 had an impact on the whole healthcare industry, including veterinary imaging. The Covid-19 was discovered to have marginally slowed market growth since several non-essential procedures were restricted globally during the pandemic. Furthermore, stringent restrictions on the transit of people and products resulted in a limited patient influx in veterinary hospitals. Similarly, a dearth of experienced veterinarians, combined with suspended/postponed elective surgeries, considerably interrupted veterinary facility operations, having a slightly negative influence on market providers.
Market Segmentation
The Global Veterinary Imaging Market is segmented into Product, Solutions Application, and End-use. Based on the Application, the market is segmented into Orthopedics And Traumatology, Oncology, Cardiology, Neurology, Respiratory, Dental Application, Other. Further, market is segmented into The End-use, the market is segmented into Veterinary Clinics & Hospitals, Other End-use. By Solutions, the market is segmented into Equipment, Accessories/ Consumables, PACS.
Regional Analysis
Global Veterinary Imaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America had the largest market revenue share due to rising pet ownership, key manufacturers executing strategic initiatives, and an increased disease burden in animals. According to the North American Pet Health Insurance Association's (NAPHIA) 2021 data, the total pet population insured in the United States reached 3.1 million in 2020. As more pet owners chose to buy premium pet insurance plans, the demand for advanced healthcare services has skyrocketed. As a result, the growth of veterinary diagnostic imaging has been influenced.
Key Players
Various key players are listed in this report such as IDEXX Laboratories, Inc.; ESAOTE SPA; General Electric Company; Universal Medical Systems; Inc.; FUJIFILM Holdings America Corporation; Hallmarq Veterinary Imaging Ltd.; VetZ GmbH; Shenzhen Mindray Animal Medical Technology Co., LTD.; Heska Corporation.
Market Taxonomy
By Product
• X-ray
• Ultrasound
• MRI
• CT Imaging
• Video Endoscopy
By Solutions
• Equipment
• Accessories/ Consumables
• PACS
By Application
• Orthopedics And Traumatology
• Oncology
• Cardiology
• Neurology
• Respiratory
• Dental Application
• Other
By End-use
• Veterinary Clinics & Hospitals
• Other End-use
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Veterinary Imaging Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Veterinary Imaging Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Veterinary Imaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Veterinary Imaging Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Veterinary Imaging Market Share Analysis, By Product
5.3 Global Veterinary Imaging Market Size and Forecast, By Product
5.3.1 X-ray
5.3.2 Ultrasound
5.3.3 MRI
5.3.4 CT Imaging
5.3.5 Video Endoscopy
6 Global Veterinary Imaging Market, By Solutions
6.1 Y-o-Y Growth Comparison, By Solutions
6.2 Global Veterinary Imaging Market Share Analysis, By Solutions
6.3 Global Veterinary Imaging Market Size and Forecast, By Solutions
6.3.1 Equipment
6.3.2 Accessories/ Consumables
6.3.3 PACS
7 Global Veterinary Imaging Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Veterinary Imaging Market Share Analysis, By Application
7.3 Global Veterinary Imaging Market Size and Forecast, By Application
7.3.1 Orthopedics And Traumatology
7.3.2 Oncology
7.3.3 Cardiology
7.3.4 Neurology
7.3.5 Respiratory
7.3.6 Dental Application
7.3.7 Other
8 Global Veterinary Imaging Market, By End-use
8.1 Y-O-Y Growth Comparison, By End-use
8.2 Global Veterinary Imaging Market Share Analysis, By End-use
8.3 Global Veterinary Imaging Market Size and Forecast, By End-use
8.3.1 Veterinary Clinics & Hospitals
8.3.2 Other End-use
9 Global Veterinary Imaging Market, By Region
9.1 Global Veterinary Imaging Market Share Analysis, By Region
9.2 Global Veterinary Imaging Market Share Analysis, By Region
9.3 Global Veterinary Imaging Market Size and Forecast, By Region
10 North America Veterinary Imaging Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Veterinary Imaging Market Share Analysis, By Product
10.3 North America Veterinary Imaging Market Size and Forecast, By Solutions
10.4 North America Veterinary Imaging Market Size and Forecast, By Application
10.5 North America Veterinary Imaging Market Size and Forecast, By End-use
10.6 North America Veterinary Imaging Market Size and Forecast, By Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
11 Europe Veterinary Imaging Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Veterinary Imaging Market Share Analysis, By Product
11.3 Europe Veterinary Imaging Market Size and Forecast, By Solutions
11.4 Europe Veterinary Imaging Market Size and Forecast, By Application
11.5 Europe Veterinary Imaging Market Size and Forecast, By End-use
11.6 Europe Veterinary Imaging Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Veterinary Imaging Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Veterinary Imaging Market Share Analysis, By Product
12.3 Asia Pacific Veterinary Imaging Market Size and Forecast, By Solutions
12.4 Asia Pacific Veterinary Imaging Market Size and Forecast, By Application
12.5 Asia Pacific Veterinary Imaging Market Size and Forecast, By End-use
12.6 Asia Pacific Veterinary Imaging Market Size and Forecast, By Country
12.6.1 China
12.7.2 Japan
12.8.3 India
12.9.4. Rest of Asia Pacific
13 Latin America Veterinary Imaging Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Veterinary Imaging Market Share Analysis, By Product
13.3 Latin America Veterinary Imaging Market Size and Forecast, By Solutions
13.4 Latin America Veterinary Imaging Market Size and Forecast, By Application
13.5 Latin America Veterinary Imaging Market Size and Forecast, By End-use
13.6 Latin America Veterinary Imaging Market Size and Forecast, Country
13.7.1. Brazil
13.8.2. Rest of Latin America
14 Middle East Veterinary Imaging Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Veterinary Imaging Market Share Analysis, By Product
14.3 Middle East Veterinary Imaging Market Size and Forecast, By Solutions
14.4 Middle East Veterinary Imaging Market Size and Forecast, By Application
14.5 Middle East Veterinary Imaging Market Size and Forecast, By End-use
14.6 Middle East Veterinary Imaging Market Size and Forecast, By Country
14.7.1. Saudi Arabia
14.8.2. UAE
14.9.3. Egypt
14.10.4. Kuwait
14.11.5. South Africa
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 IDEXX Laboratories, Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. ESAOTE SPA
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. General Electric Company
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Universal Medical Systems; Inc
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 FUJIFILM Holdings America Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Hallmarq Veterinary Imaging Ltd
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 VetZ GmbH
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Shenzhen Mindray Animal Medical Technology Co., LTD
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Heska Corporation
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
