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Veterinary Imaging Market- Competitive Analysis, Opportunity & Forecast, 2027

Global Veterinary Imaging Market Size By Product (Veterinary Imaging Instruments [Radiography (X-ray) Systems, Ultrasound Systems, Computed Tomography Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Nuclear Imaging Scanners] Veterinary Software, Veterinary Imaging Reagents [Ultrasound Contrast Reagents, MRI Contrast Reagents, X-Ray/CT Contrast Reagents, Nuclear Imaging Reagents), By Animal Type (Small Companion Animals, Large Animals), By Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology), By End-use (Hospitals, Clinics), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Veterinary Imaging Market primarily consists ofvarious types of medical imaging modalities such as MRI, CT scanners, X-ray machines, nuclear imaging systems, etc. Magnetic resonance imaging is largely used in investigating physiological and anatomical malfunctions and functions of animals. MRI is mainly used in diseases diagnosis of small animals to avoid exposure to ion radiations. The veterinary imaging market is largely attributed by every increasing demand for MRI for diseases diagnostics in various animals. 

Marker Overview:

  • Global Veterinary Imaging Market is projected to expand with a CAGR of 7% during the forecast timeline, 2019 to 2027. 
  • The Veterinary Imaging market valued over USD 1.7billion in 2018 and is poisedto expand with a CAGR of over 7% during the forecast period to reach a market value over USD 2 billion by the end of 2027
  • Veterinary imaging instruments market account for majority of market share, in fact, in 2019, the Veterinary Imaging instrumentmarket accounted for more than 20% market shareand is estimated to grow with a CAGR of over 6 % over the forecast period.
  • Veterinary software is one the most lucrative segment in animal imaging market worldwide. As per estimated, the veterinary softwaremarket currently value over USD 150 million and is poised to expand with a CAGR of over 7% over the forecast period.
  • Small animal imaging market is smaller than large animal imaging market but with a minute difference in market size. Small animal imaging market valued nearly USD 740 million in 2019 and is projected to grow with a CAGR of over 7% during the projection timeframe.
  • In 2018, North America Veterinary Imaging market accounted for the largest share of the global Veterinary Imaging market. Accounting for more than 30% market share, the market in this region is driven by demand from U.S. Veterinary Imaging market. This largest share can be attributed high spending capacity of pet owners, large number of animals under healthcare, high awareness and animal healthcare ecosystem.
  • Asia PacificVeterinary Imaging market is expected to grow at a fastest CAGR of over 8% over the forecast timeframe. In 2019, the Asia Pacific market valued over USD 340 million and will prove to be an investment hotbed over the forecast period.The market in this part of the world will be strongly driven by demand from JapanVeterinary Imaging market and India Veterinary imaging market.

Research Scope:

The Veterinary Imaging Market is segmented into;Product (Veterinary Imaging Instruments [Radiography (X-ray) Systems, Ultrasound Systems, Computed Tomography Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Nuclear Imaging Scanners] Veterinary Software, Veterinary Imaging Reagents [Ultrasound Contrast Reagents, MRI Contrast Reagents, X-Ray/CT Contrast Reagents, Nuclear Imaging Reagents), By Animal Type (Small Companion Animals, Large Animals), By Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology), By End-use (Hospitals, Clinics. Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Veterinary Imaging Market is dominated by the presence of a few key players operating globally, whichincludeIdexx Laboratories, Agfa-Gevaert, Canon Medical Systems, Carestream Health, BCF, EsaoteSpA, Fujifilm, Epica International, GE Healthcare, Siemens, Hitachi, and Shenzhen Mindray Bio-Medical Electronics.There is presence of other small and medium industry participants striving to gain market share.

Key Questions Answered in this Report:

  • What is the global Veterinary Imaging market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Veterinary Imaging at a global and regional level?
  • What is the revenue generated by Veterinary Imaging based on different segments at a global and regional level?
  • What is the revenue generated by Veterinary Imaging based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Veterinary Imaging across different regions?
  • What are the major driving forces that are expected to increase the demand for the Veterinary Imaging market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Veterinary Imaging market?
  • Which are the major stakeholders in terms of their contribution and impact in the Veterinary Imaging ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Veterinary Imaging ecosystem?
Quantity
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USD $ 4,500.00
Veterinary Imaging Market- Competitive Analysis, Opportunity & Forecast, 2027
Report Snapshots

Global Veterinary Imaging Market Size By Product (Veterinary Imaging Instruments [Radiography (X-ray) Systems, Ultrasound Systems, Computed Tomography Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Nuclear Imaging Scanners] Veterinary Software, Veterinary Imaging Reagents [Ultrasound Contrast Reagents, MRI Contrast Reagents, X-Ray/CT Contrast Reagents, Nuclear Imaging Reagents), By Animal Type (Small Companion Animals, Large Animals), By Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology), By End-use (Hospitals, Clinics), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Veterinary Imaging Market primarily consists ofvarious types of medical imaging modalities such as MRI, CT scanners, X-ray machines, nuclear imaging systems, etc. Magnetic resonance imaging is largely used in investigating physiological and anatomical malfunctions and functions of animals. MRI is mainly used in diseases diagnosis of small animals to avoid exposure to ion radiations. The veterinary imaging market is largely attributed by every increasing demand for MRI for diseases diagnostics in various animals. 

Marker Overview:

  • Global Veterinary Imaging Market is projected to expand with a CAGR of 7% during the forecast timeline, 2019 to 2027. 
  • The Veterinary Imaging market valued over USD 1.7billion in 2018 and is poisedto expand with a CAGR of over 7% during the forecast period to reach a market value over USD 2 billion by the end of 2027
  • Veterinary imaging instruments market account for majority of market share, in fact, in 2019, the Veterinary Imaging instrumentmarket accounted for more than 20% market shareand is estimated to grow with a CAGR of over 6 % over the forecast period.
  • Veterinary software is one the most lucrative segment in animal imaging market worldwide. As per estimated, the veterinary softwaremarket currently value over USD 150 million and is poised to expand with a CAGR of over 7% over the forecast period.
  • Small animal imaging market is smaller than large animal imaging market but with a minute difference in market size. Small animal imaging market valued nearly USD 740 million in 2019 and is projected to grow with a CAGR of over 7% during the projection timeframe.
  • In 2018, North America Veterinary Imaging market accounted for the largest share of the global Veterinary Imaging market. Accounting for more than 30% market share, the market in this region is driven by demand from U.S. Veterinary Imaging market. This largest share can be attributed high spending capacity of pet owners, large number of animals under healthcare, high awareness and animal healthcare ecosystem.
  • Asia PacificVeterinary Imaging market is expected to grow at a fastest CAGR of over 8% over the forecast timeframe. In 2019, the Asia Pacific market valued over USD 340 million and will prove to be an investment hotbed over the forecast period.The market in this part of the world will be strongly driven by demand from JapanVeterinary Imaging market and India Veterinary imaging market.

Research Scope:

The Veterinary Imaging Market is segmented into;Product (Veterinary Imaging Instruments [Radiography (X-ray) Systems, Ultrasound Systems, Computed Tomography Systems, Magnetic Resonance Imaging Systems, Video Endoscopy Imaging Systems, Nuclear Imaging Scanners] Veterinary Software, Veterinary Imaging Reagents [Ultrasound Contrast Reagents, MRI Contrast Reagents, X-Ray/CT Contrast Reagents, Nuclear Imaging Reagents), By Animal Type (Small Companion Animals, Large Animals), By Application (Orthopedics and Traumatology, Oncology, Cardiology, Neurology), By End-use (Hospitals, Clinics. Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Veterinary Imaging Market is dominated by the presence of a few key players operating globally, whichincludeIdexx Laboratories, Agfa-Gevaert, Canon Medical Systems, Carestream Health, BCF, EsaoteSpA, Fujifilm, Epica International, GE Healthcare, Siemens, Hitachi, and Shenzhen Mindray Bio-Medical Electronics.There is presence of other small and medium industry participants striving to gain market share.

Key Questions Answered in this Report:

  • What is the global Veterinary Imaging market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Veterinary Imaging at a global and regional level?
  • What is the revenue generated by Veterinary Imaging based on different segments at a global and regional level?
  • What is the revenue generated by Veterinary Imaging based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Veterinary Imaging across different regions?
  • What are the major driving forces that are expected to increase the demand for the Veterinary Imaging market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Veterinary Imaging market?
  • Which are the major stakeholders in terms of their contribution and impact in the Veterinary Imaging ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Veterinary Imaging ecosystem?
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