Veterinary diagnostic imaging refers to various imaging techniques used to diagnose medical conditions in animals. This includes X-ray, ultrasound, MRI, CT, and endoscopy. These techniques provide high-quality images of internal organs, soft tissues, and bones which helps veterinarians in examining internal injuries, identifying fractures or abnormalities, and determining the stages of certain diseases.
The global Veterinary Diagnostic Imaging Market is estimated to be valued at US$ 962.7 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Technological advancements are driving the growth of the veterinary diagnostic imaging market. Various innovative imaging modalities and software have been introduced to improve imaging quality and workflow efficiency. Key players are focusing on developing more sophisticated instruments integrated with AI and predictive analytics. For instance, Equimage from Esaote uses automated diagnostic protocols and deep learning algorithms to standardize imaging procedures. Similarly, IDEXX launched ProCyte One hematology analyzer with artificial intelligence and machine learning capabilities to improve diagnostic accuracy. Rise in adoption of such innovative diagnostic platforms is expected to support market growth over the forecast period.
Segment Analysis
The global veterinary diagnostic imaging market is dominated by the veterinary hospitals and clinics segment. This is due to the increasing number of veterinary practices across the world with advanced diagnostic facilities. Veterinary diagnostic imaging including ultrasound imaging, MRI imaging, radiography systems, and CT imaging systems are widely used in veterinary hospitals and clinics for diagnosis of various diseases and disorders in companion as well as livestock animals.
Key Takeaways
The global veterinary diagnostic imaging market analysis is expected to witness high growth over the forecast period owing to an increase in the number of pet owners and livestock population globally. The global Veterinary Diagnostic Imaging Market is estimated to be valued at US$ 962.7 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030.
Regional analysis
North America is currently the dominant region in the global veterinary diagnostic imaging market. This is due to the presence of advanced veterinary healthcare facilities, rising pet adoption, increasing awareness among pet owners, and growing number of veterinarians in the region. Asia Pacific region is anticipated to witness the highest growth rate during the forecast period owing to expansion of veterinary healthcare facilities and initiatives by key players to tap opportunities in the emerging Asian countries.
Key players
Key players operating in the veterinary diagnostic imaging market are Esaote SPA, Epica Animal Health, IDEXX Laboratories, Carestream Health, IMV Imaging, Fujifilm Holdings Corp., Hallmarq Veterinary Imaging, and Canon Medical Systems Corporation, among others. These players are focusing on launching new and advanced product offerings to expand their market share and strengthen their product portfolio. For instance, in August 2021, IDEXX Laboratories launched new ultrasound imaging systems in its Catalyst product line to deliver premium image quality and enhance veterinarians' capabilities.
Get more insights on this topic: https://www.newswirestats.com/veterinary-diagnostic-imaging-market-industry-insights-trends-veterinary-diagnostic-imaging-market-2023-2030/
Explore more information on this topic, Please visit: https://filmik.in/cracking-the-code-of-epigenetics-the-harmony-of-gene-expression-outside-of-dna/
The new research report titled "Veterinary Diagnostic Imaging Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.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 veterinary diagnostic imaging market include GE, IDEXX, Esaote, Agfa Healthcare, Toshiba, Carestream Health, BCF Technology, Mindray, HallmarqS.
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 Veterinary Diagnostic Imaging Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/veterinary-diagnostic-imaging-market/download-sampleMarket DynamicsThe key factors likely to drive the industry's growth are rising spending on animal health and expanding the pet insurance sector.
Besides the high adoption rate of pets and the growing number of vet practitioners globally, a rise in pet owners' awareness is predicted to fuel these systems' demand over the forthcoming period.
The global “Veterinary Diagnostic Imaging Market” research report addresses the need for an industry- and economy-wide database beneficial for the business management that could potentially offer development and profitability in the market.
It also draws focus on technologies, volume, materials & markets, and in-depth market analysis of the Veterinary Diagnostic Imaging sector.
@ https://www.reportsanddata.com/sample-enquiry-form/110The Veterinary Diagnostic Imaging market intelligence study includes a separate section dedicated to crucial parameters like the pricing structure of vital feedstock and value chain analysis, along with the study of major suppliers of the raw materials.
Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/110Scope of the Research:The report offers an in-depth assessment of the competitive scenario, taking into consideration the market shares held by leading companies.
It also discusses the supply-demand dynamics and key participants with vital business intelligence and helps them with a research-backed forecast for the global Veterinary Diagnostic Imaging market.The evaluation includes the forecast, a summary of the competitive landscape, the market shares of competitors, as well as the market trends, demands, opportunities and challenges existing in the sector, and elaborate product analysis.
The market drivers and restraints have also been evaluated in a thorough examination to help the readers comprehend their impact on the industry in the forecast duration.SOME OF THE KEY GEOGRAPHIES MENTIONED IN THIS REPORT INCLUDE:North AmericaEuropeAsia PacificMiddle East and AfricaLatin AmericaKEY QUERIES ADDRESSED IN THE REPORT:What is the estimated market size and CAGR for the forecast duration by the end of 2022?Which market segments are expected to deliver the highest market segments in terms of product types, applications, components, implementation, end-user industries, and leading regions?What is the predicted growth rates for the overall market, along with the segments and sub-segments included in the report?Which market segments are anticipated to deliver positive revenue growth in the forecast period, and what factors will play a role in this growth?What are the technologies that are currently in use in the Veterinary Diagnostic Imaging market?
