Global Veterinary Imaging Market 2019 report is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.
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Veterinary imaging instruments are used for the diagnosis of chronic diseases and getting medical images of animals. Notably, the increasing prevalence of zoonotic diseases, significant rise in pet insurance purchases, and increased number of veterinary practitioners are promoting the growth of the veterinary imaging market globally.
Owing to the rising human population, the demand for meat and dairy products is also escalating, which leads to the rapid transformation in livestock systems. On considering the historical data, it is found that in 2010, the World Bank estimated that zoonotic diseases had cost global economies more than USD 20 million in direct costs and USD 200 million in indirect costs.
In the recent years, various government and private associations are working to control zoonotic diseases. For instance, in 2014, six associations, namely, the Biotechnology and Biological Sciences Research Council (BBSRC), the Natural Environment Research Council (NERC), the Department for International Development (DFID), the Economic and Social Sciences Research Council (ESRC), the Defense Science and Technology Laboratory (DSTL), and the Medical Research Council (MRC) joined to introduce a new Zoonoses and Emerging Livestock Systems (ZELS) research program. The programme includes USD 27.90 million investment from ZELS partners, and 11 projects involving 19 UK institutions and over 30 overseas institutions.
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On the other hand, certain factors are restraining the growth of the market such as high procedure cost and lack of skilled veterinarians.
The global market for veterinary imaging is estimated to reach USD 1858.36 million by 2023, from USD 1247.61 million in 2017. The market is projected to grow at a CAGR of 6.90%, during the forecast period of 2018 to 2023.
On the basis of product type, the market is segmented into veterinary imaging instruments, veterinary imaging reagents, and veterinary imaging software. By product type, veterinary imaging instruments held the maximum market share of the global veterinary imaging market share in 2017.
On the basis of animal type, the global veterinary imaging market is segmented into small companion animals, large animals, and others. By animal type, the small companion animal segment accounted for the highest market share in 2017.
The therapeutic areas for the global veterinary imaging market are segmented into orthopedics and traumatology, cardiology, neurology, oncology and others, where the orthopedics and traumatology segments accounted for the largest share of the veterinary imaging market share in 2017.
On the basis of end-user, the global veterinary imaging testing market is segmented into hospitals and clinics, academic institutes, and others. The hospitals and clinics segment held the largest segment of the market in 2017.
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Key Players
The key players for the veterinary imaging market are BCF Technology Ltd, Esaote SpA, Medical Imaging / IMCO, Inc, Diagnostic Imaging System, Inc, Merry X-Ray, Hallmarq Veterinary Imaging Ltd, Carestream Health, General Electric Canon Inc., Fujifilm Holding Corporation, Heska Corporation, Idexx Laboratories Inc., and others.
Study Objectives
To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries
To provide insights into factors influencing and affecting the market growthTo provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
To provide economic factors that influence the global veterinary imaging market Target Audience
Pharmaceutical and Medical Device IndustriesPotential InvestorsMedical Research InstitutesKey Executive (CEO and COO) and Strategy Growth Manager Research Companies
Key Findings
The major market players in the global veterinary imaging market are Fujifilm Holding, Corporation, Heska Corporation, Idexx Laboratory Inc, and Canon Inc.Fujifilm Holding Corporation accounted for more than a 9.9% share of the global veterinary imaging market
Based on product type, veterinary imaging instruments commanded the largest market share in 2017 and was valued at USD 708.81 million in 2017Based on animal type, the small companion animal segment commanded the largest market share in 2017 and was valued at USD 565.85 million in 2017
Based on therapeutics areas, the orthopedics and traumatology segment commanded the largest market share in 2017 and was valued at USD 520.72 million in 2017
Based on end-user, the hospitals and clinics segment commanded the largest market share in 2017 and was valued at USD 917.16 million in 2017
On the basis of region, the Americas is expected to account for the largest share in the global veterinary imaging market, at a CAGR of 7.37% during the forecast period. The report also covers the regional analysis.
AmericasNorth AmericaoUSoCanadaSouth AmericaEuropeWestern EuropeoGermanyoFranceoItalyoUKoSpainoRest of Western EuropeEastern EuropeAsia PacificoChinaoJapanoIndiaoAustraliaoRepublic of KoreaoRest of Asia-PacificThe Middle East and AfricaUnited Arab EmiratesSaudi ArabiaOmanKuwaitQatarRest of the Middle East and Africa
Key Features of Veterinary Imaging Market Research Report:
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Veterinary Imaging Market Report are:
Chapter 1 Overview of Veterinary Imaging Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Veterinary Imaging Market Competition Status by Major Manufacturers
Chapter 12 Veterinary Imaging Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Veterinary Imaging Market
Chapter 14 Cost and Gross Margin Analysis of Veterinary Imaging Market
And Continued…
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