Global Veterinary Imaging Market Size was valued at USD 1.6 billion in 2017 and expected to generate healthy revenue of around USD xx.xx billion by end of 2024, growing at a CAGR of around 6.70% between 2018 and 2025. This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global veterinary imaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global veterinary imaging market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Global Veterinary Imaging Market Size, Share Analysis, By Region 2017

Segment Analysis

This research report segments the market for veterinary imaging on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Product Insights: On the basis of type the global veterinary imaging market has been segmented into Instruments - Radiography (X-Ray) Systems, Ultrasound Imaging Systems, Computed Tomography Imaging Systems, Video Endoscopy Imaging Systems, Magnetic Resonance Imaging Systems, Other Imaging Systems; Reagents, and Veterinary Softwares and others. The reagents segment led the market growth in 2017 and is anticipated to be fastest growing segment over the forecast period in terms of demand and revenue. Other segment will contribute significant growth in coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Application Analysis: Based on application the veterinary imaging market has been categorized into Orthopedics and Traumatology, Oncology, Cardiology, Neurology, and Other Therapeutic Areas and others. In 2018 the Cardiology segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Regional Analysis

In 2017, North America led the regional market and is anticipated to significant growth over the analysis timeline in terms of revenue because of rapid development activities in healthcare infrastructure and increasing healthcare expenditure on companion animals coupled with strong foothold of notable players in North America, and easy adoption of advanced product systems are the positive factors will drive the market growth over the forecast timeline. Increase in research and development due to growing demand for advance and latest technological innovative veterinary equipment is projected to drive the growth.

In the global market Asia Pacific was the largest shareholder and generated more than half of the demand in overall global market in 2018 and is projected to its continue impact on the worldwide market during the forecast period due to rapid development activities in healthcare infrastructure, increasing healthcare expenditure, increase in interest of key players to invest more in this region, growing demand, and increasing R&D. The availability of low-cost animal health products are expected to drive the industry growth throughout forecast period.  

Key Players Landscape

Some of the leading players in veterinary imaging market include Excelsior Union Limited, Hallmarq Veterinary Imaging Ltd., Siemens AG, Onex Corporation, Canon, Inc., GE Healthcare, Agfa- Gevaert N.V., BCF Technology, Ltd., Diagnostic Imaging Systems, Inc., and IDEXX Laboratories, Inc. The business players implement numerous strategies including acquisitions, partnerships and innovative product launches to capitalize on market opportunities.

Global Veterinary Imaging Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.