Veterinary Imaging Market Share, Size, Trends, Industry Analysis Report, By Therapeutic Area (Orthopedics & Traumatology, Obstetrics & Gynecology, Oncology, Cardiology, Neurology, Dentistry, Others); By Product; By Animal Type; By End-Use; By Region; Segment Forecast, 2022 - 2030
The global veterinary imaging market size is expected t-reach USD 2.99 billion by 2030 according t-a new study by Polaris Market Research. The report “Veterinary Imaging Market Share, Size, Trends, Industry Analysis Report, By Therapeutic Area (Orthopedics & Traumatology, Obstetrics & Gynecology, Oncology, Cardiology, Neurology, Dentistry, Others); By Product; By Animal Type; By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.
Key factors driving the market’s growth include adopting veterinary imaging across various verticals. The rising prevalence of veterinarian disorders, expanding pet ownership, and rising spending on pet well-being contribute t-market expansion. According t-a study, roughly 10-15% of all dogs suffer cardiac disease. About 5% of all canine heart disease is caused by congenital heart disease. Manufacturers of this tomography equipment cooperate with the government and private hospitals and clinics t-upgrade their facilities with cutting-edge diagnostic technology.Further, in April 2021, Hester Biosciences has introduced a new line of herbal treatments for poultry, cattle, sheep, goats, and pigs.
T-support the entire welfare of animals and t-enrich the product portfolio, the organization is legally integrating a new collection of herbal products for livestock farming int-its existing product range. The products will primarily target mastitis and production issues, gastrointestinal tract ailments, reproductive disorders, ectoparasites, and skin injuries in animal health.
Based on the animal type, the companion animal segment accounted for the leading share in the market. The value of human and animal interaction has been reassessed due t-increasing urbanization. Loneliness caused by nuclear families, young movement from their homes t-work locations, an increasing number of bachelors living alone, and increased spending capacity on pet care are primary causes leading t-the segment’s growth.
Market players such as IDEXX Laboratories, Inc., Canon Inc., Carestream Health, Draminski S.A., E.I. Medical Imaging, SAMSUNGMEDICALSOLUTION.COM, Esaote S.P.A., Fujifilm Holdings Corporation, GE Healthcare, Heska Corporation, Agfa-Gevaert N.V., Konica Minolta Inc., Mindray Medical International Limited, Sedecal, and Siemens Healthineers are some key players operating in the global market.
In September 2021, Canon Inc announced that it will require Redlen Technologies, t-boost the Medical Systems Business, Canon will acquire superior radiation detection and tomography technology t-speed the development of Photon Counting CT systems.
Polaris Market Research has segmented the veterinary imaging market report based on product, therapeutic area, animal type, end-use, and region:
Veterinary Imaging, Product Outlook (Revenue – USD Billion, 2018 – 2030)
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