Global Veterinary Diagnostic Imaging Market Overview:
The overall veterinary imaging market is expected to grow from USD XX million in 2015 to USD XX million by 2023, at a CAGR of XX% from 2015 to 2023. Veterinary diagnostic imaging equipment is primarily used for imaging the animal body with the help of various imaging technologies. Diagnostic imaging is the noninvasive method of making medical images of the body to diagnose disease. In this report, we study the diagnostic imaging used in veterinary, like x-ray, ultrasound, MRI, etc. Adoption of pets has become a global trend with the increasing number of nuclear families and single parents in western countries. This increasing adoption of pets coupled with the growing concern about these animals is fueling the veterinary diagnostic imaging market.
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Global Veterinary Diagnostic Imaging Market Drivers and Restraints:
The rising demand for pet insurance and growing animal healthcare expenditure, increasing companion animal population, growth in the number of veterinary practitioners and their income levels in developed countries, and launch of innovative products that offer rapid and accurate results are the key factors driving the growth of this market. Rapid urbanization and growing disposable incomes are some of the key factors driving greater pet ownership in various countries offer significant growth opportunities to this market. The development of portable imaging instruments and consolidation in the veterinary imaging market are the leading industry trends in the market.
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Global Veterinary Diagnostic Imaging Market Geographical Segmentation:
The Veterinary Diagnostic Imaging is geographically segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Untapped emerging markets such as China, India, and Brazil offer significant opportunities for the growth of the veterinary imaging market during the forecast period. North America represented the largest veterinary imaging market in 2015, followed by Europe and the Asia-Pacific. The Asia-Pacific market is expected to register the highest CAGR during the forecast period.
The key players in Global Veterinary Diagnostic Imaging Market:+
GE Healthcare, Agfa- Gevaert N.V., Excelsior Union Limited, Onex Corporation, Esaote SpA, Canon Inc., IDEXX Laboratories, Inc., VCA Inc., Hitachi, Ltd, BCF Technology, Ltd., Siemens AG, Diagnostic Imaging Systems, Inc., Hallmarq Veterinary Imaging Ltd., MinXray, Inc., and Fujifilm Holdings Corporation.
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