Market Overview:
The global veterinary diagnostic instruments market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for animal-derived food products, rising awareness about animal health and hygiene, and growing number of zoonotic diseases. The global veterinary diagnostic instruments market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into diagnostic imaging instruments, anesthesia instruments, fluid management instruments, and others. The anesthesia Instruments segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030 due to increase in use of these devices for general anesthesia as well as regional blocks in small animals surgeries. On the basis of application, hospitals & clinics accounted for majority share in 2017 owing high prevalence rateof various diseases among animals coupled with rising number Veterinary Clinics across globe .
Product Definition:
Veterinary diagnostic instruments are used to identify and diagnose the presence of diseases in animals. They include a variety of tools such as scanners, microscopes, and blood tests that allow veterinarians to quickly get a clear picture of what is wrong with an animal. The importance of veterinary diagnostic instruments cannot be overstated; they are essential for preventing the spread of disease and ensuring that animals receive proper treatment.
Diagnostic Imaging Instruments:
The global diagnostic imaging instruments, it's usage and growth factor in veterinary diagnostic instruments market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Anesthesia Instruments:
Anesthesia instruments are devices used to eliminate or reduce pain in animals. The anesthesia instruments market is segmented on the basis of product types such as injectable, inhalation anesthetics, and surgical anesthetic agents. In addition to this, anesthesia machines are also categorized based on their applications such as conscious sedation/analgesia and deep surgical analgesia.
Application Insights:
Based on application, the market is segmented into hospitals and clinics, research centers, others and veterinary pharmacies. The hospitals and clinics segment dominated the global market in 2017 owing to increasing pet ownership across the globe. This has led to an increased demand for diagnostic tests that can be performed at-home or in a veterinarian¢â‚¬â„¢s office. Furthermore, this segment is expected to witness lucrative growth over the forecast period due to rising investments by governments for improving animal healthcare infrastructure as well as personnel training and education of veterinarians regarding effective treatment methods for animals with common diseases.
The research centers segment is projected register noteworthy CAGR during the forecast period owing to increasing R&D activities pertaining animal health diagnostics carried out at various institutions worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by companies, rising pet ownership, and high disease prevalence in this region. For instance, according to a recent study published by the Centers for Disease Control & Prevention (CDC), zoonotic diseases are prevalent among U.S.-wildlife-associated populations and contribute significantly to disease transmission in this country.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as growing economy.
Growth Factors:
- Increasing demand for animal-derived food products is driving the growth of the veterinary diagnostic instruments market.
- Growing awareness about zoonotic diseases and their prevention is also propelling the growth of this market.
- The increasing number of veterinary clinics and hospitals is providing a boost to the veterinary diagnostic instruments market.
- Rising investments by key players in research and development activities are resulting in innovative product launches, which is fueling the growth of this market. 5) The growing trend of pet ownership across the globe is also contributing to the expansion of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Diagnostic Instruments Market Research Report
By Type
Diagnostic Imaging Instruments, Anesthesia Instruments, Fluid Management Instruments, Others
By Application
Hospitals & Clinics, Research Centers, Others
By Companies
GE, IDEXX, Virbac, Zoetis, ABAXIS, Heska, Carestream Health, Agfa Healthcare, MinXray, EsaoteS.p.A, Hallmarq Veterinary Imaging, Smiths Medical, Midmark, Jorgensen Laboratories, Hallowell EMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Diagnostic Instruments Market Report Segments:
The global Veterinary Diagnostic Instruments market is segmented on the basis of:
Types
Diagnostic Imaging Instruments, Anesthesia Instruments, Fluid Management Instruments, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals & Clinics, Research Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- IDEXX
- Virbac
- Zoetis
- ABAXIS
- Heska
- Carestream Health
- Agfa Healthcare
- MinXray
- EsaoteS.p.A
- Hallmarq Veterinary Imaging
- Smiths Medical
- Midmark
- Jorgensen Laboratories
- Hallowell EMC
Highlights of The Veterinary Diagnostic Instruments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diagnostic Imaging Instruments
- Anesthesia Instruments
- Fluid Management Instruments
- Others
- By Application:
- Hospitals & Clinics
- Research Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Diagnostic Instruments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary diagnostic instruments are used to diagnose medical conditions in animals. They can include x-ray machines, ultrasound machines, and blood testing equipment.
Some of the major players in the veterinary diagnostic instruments market are GE, IDEXX, Virbac, Zoetis, ABAXIS, Heska, Carestream Health, Agfa Healthcare, MinXray, EsaoteS.p.A, Hallmarq Veterinary Imaging, Smiths Medical, Midmark, Jorgensen Laboratories, Hallowell EMC.
The veterinary diagnostic instruments market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Diagnostic Instruments Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veterinary Diagnostic Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Diagnostic Instruments Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veterinary Diagnostic Instruments Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veterinary Diagnostic Instruments Market Size & Forecast, 2020-2028
4.5.1 Veterinary Diagnostic Instruments Market Size and Y-o-Y Growth
4.5.2 Veterinary Diagnostic Instruments Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Diagnostic Imaging Instruments
5.2.2 Anesthesia Instruments
5.2.3 Fluid Management Instruments
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals & Clinics
6.2.2 Research Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Diagnostic Instruments Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Diagnostic Instruments Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Diagnostic Imaging Instruments
9.6.2 Anesthesia Instruments
9.6.3 Fluid Management Instruments
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals & Clinics
9.10.2 Research Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Diagnostic Imaging Instruments
10.6.2 Anesthesia Instruments
10.6.3 Fluid Management Instruments
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals & Clinics
10.10.2 Research Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Diagnostic Imaging Instruments
11.6.2 Anesthesia Instruments
11.6.3 Fluid Management Instruments
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals & Clinics
11.10.2 Research Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Diagnostic Imaging Instruments
12.6.2 Anesthesia Instruments
12.6.3 Fluid Management Instruments
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals & Clinics
12.10.2 Research Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Diagnostic Imaging Instruments
13.6.2 Anesthesia Instruments
13.6.3 Fluid Management Instruments
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals & Clinics
13.10.2 Research Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Diagnostic Instruments Market: Competitive Dashboard
14.2 Global Veterinary Diagnostic Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 IDEXX
14.3.3 Virbac
14.3.4 Zoetis
14.3.5 ABAXIS
14.3.6 Heska
14.3.7 Carestream Health
14.3.8 Agfa Healthcare
14.3.9 MinXray
14.3.10 EsaoteS.p.A
14.3.11 Hallmarq Veterinary Imaging
14.3.12 Smiths Medical
14.3.13 Midmark
14.3.14 Jorgensen Laboratories
14.3.15 Hallowell EMC
