Global Veterinary Imaging Equipment Market Size, Forecasts, And Opportunities
Learn about the global veterinary imaging equipment market through The Business Research Company, which provides information on veterinary imaging equipment market size, veterinary imaging equipment market drivers and restraints, veterinary imaging equipment market players, the COVID-19 impact on the veterinary imaging equipment market, and more.
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The global veterinary imaging equipment market is expected to grow from $1.57 billion in 2020 to $1.69 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global veterinary imaging equipment market is expected to reach $2.43 billion in 2025 at a CAGR of 10%.
The rising livestock population is expected to drive innovation in veterinary imaging equipment manufacturing, thus driving the market during the forecast period.
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The veterinary imaging equipment market consists of sales of veterinary imaging equipment by entities (organizations, sole traders and partnerships) that produce veterinary diagnostic equipment used to obtain medical images of animals for diagnosis of various diseases. This industry includes establishments that produce diagnosis equipment such as radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and other imaging equipment. These imaging systems are used for cardiology, orthopaedics & traumatology, oncology, neurology, and others.
Global veterinary imaging equipment market segments include:
By Type: Radiography (X-Ray) System, Ultrasound Imaging System, Computed Tomography Imaging System, Video Endoscopy Imaging System, Magnetic Resonance Imaging System, Others
By End User: Veterinary Hospitals, Veterinary Clinics, Academic and Research Organizations, Others
By Application: Orthopaedics And Traumatology, Oncology, Cardiology, Neurology, Others
By Animal Type: Small Companion Animals, Large Animals, Others
By Modality: Portable, Stationery
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Key companies operating in the veterinary imaging equipment are focusing on the launch of portable or wireless devices to provide better solutions for effective veterinary technologies, which is projected to be a leading trend veterinary imaging equipment market.
TBRC’s veterinary imaging equipment market report covers:
Major Market Players: Agfa-Gevaert N.V., Canon Inc., Excelsior Union Limited, Fujifilm Holdings Corporation, Hitachi Ltd., Onex Corporation, Siemens AG, GE Healthcare, Chison, and IDEXX.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Veterinary Imaging Equipment Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides veterinary imaging equipment market overviews, analyses and forecasts market size, share, veterinary imaging equipment market players, veterinary imaging equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s veterinary imaging equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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