Notable players operating in the veterinary imaging industry are Agfa-Gevaert, BCF, Canon Medical Systems, Carestream Health, Epica International, Esaote SpA, Fujifilm, GE Healthcare, Idexx Laboratories, Shenzhen Mindray Bio-Medical Electronics and Siemens Healthineers.
SELBYVILLE, Del.And the August 3, 2022 /PRNewswire/ – The market value of veterinary imaging is expected to reach 3 billion US dollars by 2030, according to a new research report from Global Market Insights Inc.
Recent advances in veterinary imaging and treatment techniques have led to less painful, more accurate and faster disease detection, resulting in better outcomes for pets. New veterinary tools and equipment are being added to veterinarians’ therapeutic arsenals to help them find the best treatment options for their clients, with the ultimate goal of avoiding invasive treatments such as surgery where possible. Magnetic resonance imaging (MRI) is a promising technological breakthrough that is being implemented in the field of veterinary care. The ease of access to ultrasound and the growing presence of computed tomography were rapid and perhaps surprising innovations a few decades ago.
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The veterinary imaging market has bypassed the veterinary software sector 207 million US dollars In 2021. Veterinary programs have revolutionized the treatment of animals. Doctors can now access protocols and opinions based on body parts and diagnostic requirements using veterinary software, and they can also customize certain settings. Advanced software designed to perform multiple functions such as analysis, renderer, reporting, diagnosis, measurement, sharing, simulation, etc. Due to the increasing demand for advanced pet therapies, customized veterinary tools and the requirements of high-tech software such as NNT Clinical and Radiology software such as ARGO, Smart DR and PICOXIA are likely to increase and veterinary dental software such as the scil DDX-R to meet the needs of a veterinarian’s practice.
Some of the key outcomes of the Veterinary Imaging Market report include:
Increasing demand for advanced animal therapy is causing the market to expand.
The growing demands of veterinary programs for the practice needs of veterinarians fuels the industrial landscape.
Increasing demand for medical treatment for companion animals facilitates market growth.
The necessity of veterinary imaging for accurate diagnosis and implementation in oncology is accelerating market trends.
The increasing use of veterinary imaging products in hospitals is increasing the market size.
Increased prevalence of zoonotic diseases The increasing rate of pet adoption, research and development activities, and new product innovation are the main factors driving Asia Pacific Market expansion.
Browse key industry insights spread across 170 pages with 361 market spreadsheets and 18 report formats and charts,”Veterinary Imaging Market Analysis by Product (Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents), Animal Type (Small Companion Animals, Large Animals, Other Animals), Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology, Other) , End-Use (Hospitals, Clinics, Others) Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share and Forecast, 2022-2030In detail with the table of contents:
The companion small animal segment is expected to experience 6.3% compound annual growth during the forecast period. The increasing rate of pet adoption and their medical and emergency care needs have had a significant impact on the demand for medical treatment for companion animals. Statistics show that pet parents are showing increased awareness about pet health issues, thus accelerating the demand for advanced treatments and diagnostics.
The veterinary imaging market from the oncology segment is expected to grow at a healthy compound annual growth rate of 6.5% to exceed 900 million US dollars by 2030. Dealing with veterinary tumor cases is often very difficult for veterinarians. The wide range of symptoms and forms of cancer require the constant vigilance of your vet, and the high prevalence rates of some cancers make the fight against cancer in animals seem like never-ending. In veterinary oncology, imaging technology is essential for accurate diagnosis and staging. To find the optimal systemic or local therapy and to evaluate therapeutic outcomes, careful detection of tumors and abnormalities is required.
The hospital segment accounted for 47.5% of the business share in 202 and is set to register a significant compound annual growth rate until 2030. Veterinary imaging in hospitals is maintained with the latest technology for obtaining high quality medical images and diagnosing standard and complex diseases in animals. Veterinarians are required to perform and interpret imaging examinations on a variety of animal species. Hospitals provide interpretation of images through the use of modern imaging equipment including CT, MRI, digital radiography, fluoroscopy, ultrasound, etc. for all the animals in the hospital.
Asia Pacific The veterinary imaging market is estimated to show a strong CAGR of 7.1% during the forecast period attributable to the increasing prevalence of zoonoses, and increased focus on producing affordable, high-quality imaging products to meet the needs of developing economies. Increased government support for the establishment of veterinary healthcare practices is also driving the advancement of the regional market. Also, in countries like ChinaAnd the IndiaAnd the AustraliaThe increasing adoption of pets and the increasing spending on pet treatment by their owners has fueled the growth of the Asia Pacific region market.
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Some of the notable companies operating in the veterinary imaging market include Agfa-Gevaert, BCF, Canon Medical Systems, Carestream Health, Epica International, Esaote SpA, Fujifilm, GE Healthcare, Idexx Laboratories, Shenzhen Mindray Bio-Medical Electronics and Siemens Healthineers. Among other things. Industry players focus on various strategies such as acquisitions, collaborations, and new product launches to enhance their presence in the market.
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