Veterinary Ultrasound Market Overview by Top Players, Segments, Demand and Forecast till 2030

Market Research Future (MRFR)’s latest report reveals that the global veterinary ultrasound market is set to expand saliently striking a CAGR of 6.10% during the forecast period 2018 to 2023.

However, lack of knowledge and awareness about animal health remains an impediment to the market growth.The inclination towards pet companionship coupled with increased spending on pet healthcare has paved the way for veterinary ultrasound market expansion.

Increased awareness about animal health care and the availability of advanced medical facilities are the key factors driving the growth of the market.The rising prevalence of zoonotic diseases, also known as zoonoses, is the key area of focus in the meat and dairy industry.

The devices segment is further sub-segmented into portable/compact ultrasound scanners and cart-based ultrasound scanners.By type, the market is segmented into 2D ultrasound imaging, 3D ultrasound, Doppler imaging, and others.

Among these, the 2D ultrasound imaging segment presently accounts for the largest share of the market.

The segment is expected to gain traction in the market owing to its applications in diagnosing heart defects, issues with kidneys, and other potential internal issues.By animal type, the market has been segmented into small companion animals, large animals, and others.

The global Ultrasound Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the ultrasound market include Boston Scientific, Carestream, GE, Mindray, Philips, Siemens, Toshiba and VisualSonics (Fujifilm SonoSite).

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Ultrasound Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/ultrasound-market/download-sampleMarket DynamicsThe increasing prevalence of chronic diseases along with the rising preference for minimally invasive procedures is primarily driving the market growth.

In addition to this, technological advancements and the increasing number of diagnostic centers & hospitals are further fuelling market growth.

On the other hand, stringent government regulations are expected to limit market growth.

The research study involves four major activities in estimating the size of the global veterinary ultrasound market.

Exhaustive secondary research was done to collect information on the adoption of different technologies and their regional adoption trends.

Industry experts further validated the data obtained through secondary research and then through primary research.

Furthermore, the market size estimates and forecast provided in this study are derived through a mix of the bottom-up approach (country-level incidence data for various diseases) and top-down approach (assessment of utilization/adoption/penetration trends, by type, product, animal, application, technology, end user and region).

After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10482074Major Veterinary Ultrasound Market Growth Drivers:Factors such as growth in the companion animal population, rising demand for pet insurance, increasing number of veterinary practitioners in developed economies, technological advancements are driving the growth of this market during the forecast period.

However, high cost of instruments and procedures is restraining the growth of Animal Ultrasound Market to some extent.Revenue Growth Analysis: [183 Pages Report] The global veterinary ultrasound market size is projected to reach USD 448 million by 2025 from USD 338 million in 2020, at a CAGR of 5.8%.Browse and in-depth TOC on "Veterinary Ultrasound Market" 186 – Tables 34 – Figures 183 – Pages The 2D ultrasound segment dominates the veterinary ultrasound industry, by type of ultrasound scanners Based on the type of scanners, the 2D segment accounted for the largest share of the veterinary ultrasound market in 2019.

[183 Pages Report] The global veterinary ultrasound market size is projected to reach USD 448 million by 2025 from USD 338 million in 2020, at a CAGR of 5.8%.Factors such as growth in the companion animal population, rising demand for pet insurance, increasing number of veterinary practitioners in developed economies, technological advancements are driving the growth of this market during the forecast period.

However, high cost of instruments and procedures is restraining the growth of Animal Ultrasound Market to some extent.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10482074The 2D ultrasound segment dominates the veterinary ultrasound industry, by type of ultrasound scannersBased on the type of scanners, the 2D segment accounted for the largest share of the veterinary ultrasound market in 2019.

The large share of this segment can primarily be attributed to the widespread popularity of these type of scanners in disease diagnosis as well as in pregnancy detection.By product, the cart-based segment accounted for the largest share of the market in 2019Based on product, the Animal Ultrasound Market is segmented into cart-based and portable ultrasound scanners.

In 2019, the cart-based segment accounted for the largest portion of the market due to its ease of use and is extensively used in hospitals, clinics and diagnostic centers.Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=10482074North America will continue to dominate the Animal Ultrasound Market during the forecast periodThe Animal Ultrasound Market, by region, is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America accounted for the largest share of the animal/veterinary ultrasound industry in 2019.

The growth of the North American market is attributed to the increasing adoption of companion animals, the growing pet insurance industry, rising veterinary healthcare expenditure, and the growing number of veterinary practices.