Market Overview:
The global veterinary imaging equipment market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced veterinary imaging equipment and rising awareness about animal health and welfare. The global veterinary imaging equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into radiography (X-ray) systems, ultrasound imaging systems, computed tomography (CT) scanning systems, video endoscopy systems, magnetic resonance imaging (MRI) scanners, and others. The radiography (X-ray) system segment accounted for the largest share of the global veterinary imaging equipment market in 2017 owing to its high adoption rate across clinics and hospitals worldwide. However, MRI scanners are expected to grow at a highest CAGR during 2018–2030 due to their growing demand for accurate diagnosis of neurological disorders in animals. On the basis of application, clinics accounted for majority share of revenue generated by Veterinary Imaging Equipment Market in 2017 followed by hospitals & academic institutes segments respectively .However ,the Hospitals & Academic Institutes Segment Is Expected To Grow At A Highest Rate During The Forecast Period .
Product Definition:
Veterinary imaging equipment is used to produce images of the inside of an animal's body for diagnostic purposes. This equipment includes X-ray machines, ultrasound machines, and MRI scanners. Veterinary imaging is important because it allows veterinarians to diagnose and treat medical conditions in animals.
Radiography (X-Ray) Systems:
Radiography (X-ray) systems are used for the diagnosis of diseases in animals as well as to assess various physical parameters such as body temperature, blood flow and organ size. The global veterinary radiography market is expected to witness significant growth over the forecast period owing to increasing demand for pet insurance, awareness among pet owners regarding animal health and government initiatives towards animal healthcare.
Ultrasound Imaging Systems:
Ultrasound imaging systems are diagnostic medical devices that use high frequency sound waves to produce images of internal body organs and tissues. The ultrasound imaging equipment market is expected to witness significant growth over the forecast period owing to its advantages such as non-invasiveness, ability to provide real-time image display, and cost effectiveness.
The increasing prevalence of chronic diseases in pets coupled with rising pet adoption rates is a key factor driving the veterinary ultrasound imaging systems market growth.
Application Insights:
Based on application, the market is segmented into clinics, hospitals and academic institutes, and others. The clinics segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as rising animal healthcare expenditure globally along with increasing awareness about preventive veterinary medicine among consumers. Furthermore, governments are taking initiatives to improve veterinary healthcare infrastructure by establishing new clinics at the rural areas which will increase demand for imaging equipment over the forecast period.
The hospital and academic institute segment is expected to witness significant growth over the forecast period owing to an increase in R&D activities related to livestock production coupled with growing global concerns regarding food safety & security which has resulted in a rise in pet ownership globally resulting i n a boost s t o r e c h i n g s f o r m u l t i v e d e g r e s .
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by companies and rising adoption of advanced veterinary diagnostic technologies in this region. Moreover, high prevalence of chronic diseases among animals is also driving the demand for veterinary imaging equipment in this region. For instance, according to a study published by Journal of Small Animal Practice, approximately 60% - 70% pets suffer from at least one condition associated with their owners' pet health concerns such as skin problems or digestive disorders.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to factors such as growing economy.
Growth Factors:
- Increasing demand for pet care and animal health services
- Rising awareness about the benefits of veterinary imaging equipment
- Technological advancements in veterinary imaging equipment
- Growing number of small and medium-sized veterinary clinics and hospitals
- Increasing investments by leading players in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Imaging Equipment Market Research Report
By Type
Radiography (X-Ray) Systems, Ultrasound Imaging Systems, Computed Tomography Imaging Systems, Video Endoscopy Imaging Systems, Magnetic Resonance Imaging Systems, Others
By Application
Clinics, Hospitals and Academic Institutes
By Companies
GE Healthcare, Agfa-Gevaert N.V., Excelsior Union Limited, Onex Corporation, Esaote SpA, Canon Inc., Idexx Laboratories, Inc., VCA Inc., Hitachi, Ltd., Siemens AG, GE Healthcare, BCF Technology, Ltd.
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Imaging Equipment Market Report Segments:
The global Veterinary Imaging Equipment market is segmented on the basis of:
Types
Radiography (X-Ray) Systems, Ultrasound Imaging Systems, Computed Tomography Imaging Systems, Video Endoscopy Imaging Systems, Magnetic Resonance Imaging Systems, 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
Clinics, Hospitals and Academic Institutes
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 Healthcare
- Agfa-Gevaert N.V.
- Excelsior Union Limited
- Onex Corporation
- Esaote SpA
- Canon Inc.
- Idexx Laboratories, Inc.
- VCA Inc.
- Hitachi, Ltd.
- Siemens AG
- GE Healthcare
- BCF Technology, Ltd.
Highlights of The Veterinary Imaging Equipment 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:
- Radiography (X-Ray) Systems
- Ultrasound Imaging Systems
- Computed Tomography Imaging Systems
- Video Endoscopy Imaging Systems
- Magnetic Resonance Imaging Systems
- Others
- By Application:
- Clinics
- Hospitals and Academic Institutes
- 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 Imaging Equipment 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 imaging equipment is a specialized type of medical equipment used to create images of the body. This equipment can be used to diagnose and treat medical conditions in animals. Veterinary imaging equipment can include X-ray machines, CT scanners, MRI machines, and ultrasound devices.
Some of the key players operating in the veterinary imaging equipment market are GE Healthcare, Agfa-Gevaert N.V., Excelsior Union Limited, Onex Corporation, Esaote SpA, Canon Inc., Idexx Laboratories, Inc., VCA Inc., Hitachi, Ltd., Siemens AG, GE Healthcare, BCF Technology, Ltd..
The veterinary imaging equipment 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 Imaging Equipment 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 Imaging Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Imaging Equipment 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 Imaging Equipment 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 Imaging Equipment Market Size & Forecast, 2020-2028
4.5.1 Veterinary Imaging Equipment Market Size and Y-o-Y Growth
4.5.2 Veterinary Imaging Equipment 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 Radiography (X-Ray) Systems
5.2.2 Ultrasound Imaging Systems
5.2.3 Computed Tomography Imaging Systems
5.2.4 Video Endoscopy Imaging Systems
5.2.5 Magnetic Resonance Imaging Systems
5.2.6 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 Clinics
6.2.2 Hospitals and Academic Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Imaging Equipment 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 Imaging Equipment 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 Radiography (X-Ray) Systems
9.6.2 Ultrasound Imaging Systems
9.6.3 Computed Tomography Imaging Systems
9.6.4 Video Endoscopy Imaging Systems
9.6.5 Magnetic Resonance Imaging Systems
9.6.6 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 Clinics
9.10.2 Hospitals and Academic Institutes
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 Radiography (X-Ray) Systems
10.6.2 Ultrasound Imaging Systems
10.6.3 Computed Tomography Imaging Systems
10.6.4 Video Endoscopy Imaging Systems
10.6.5 Magnetic Resonance Imaging Systems
10.6.6 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 Clinics
10.10.2 Hospitals and Academic Institutes
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 Radiography (X-Ray) Systems
11.6.2 Ultrasound Imaging Systems
11.6.3 Computed Tomography Imaging Systems
11.6.4 Video Endoscopy Imaging Systems
11.6.5 Magnetic Resonance Imaging Systems
11.6.6 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 Clinics
11.10.2 Hospitals and Academic Institutes
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 Radiography (X-Ray) Systems
12.6.2 Ultrasound Imaging Systems
12.6.3 Computed Tomography Imaging Systems
12.6.4 Video Endoscopy Imaging Systems
12.6.5 Magnetic Resonance Imaging Systems
12.6.6 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 Clinics
12.10.2 Hospitals and Academic Institutes
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 Radiography (X-Ray) Systems
13.6.2 Ultrasound Imaging Systems
13.6.3 Computed Tomography Imaging Systems
13.6.4 Video Endoscopy Imaging Systems
13.6.5 Magnetic Resonance Imaging Systems
13.6.6 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 Clinics
13.10.2 Hospitals and Academic Institutes
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 Imaging Equipment Market: Competitive Dashboard
14.2 Global Veterinary Imaging Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Agfa-Gevaert N.V.
14.3.3 Excelsior Union Limited
14.3.4 Onex Corporation
14.3.5 Esaote SpA
14.3.6 Canon Inc.
14.3.7 Idexx Laboratories, Inc.
14.3.8 VCA Inc.
14.3.9 Hitachi, Ltd.
14.3.10 Siemens AG
14.3.11 GE Healthcare
14.3.12 BCF Technology, Ltd.
