IMARC Group, a leading market research company, has recently releases report titled “Veterinary Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global veterinary imaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is The Veterinary Imaging Market?

The global veterinary imaging market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

Veterinary imaging refers to the use of various imaging techniques to diagnose and monitor medical conditions in animals. It comprises radiography, ultrasonography, computed tomography (CT), magnetic resonance imaging (MRI), and nuclear medicine imaging. It allows veterinarians to visualize internal structures and organs, which help them make accurate diagnoses and plan appropriate treatments. It aids in establishing a standard database of normal anatomical, physiological, and functional parameters that can be used for clinical and research purposes.

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What are the growth prospects and trends in the veterinary imaging industry?

The surging prevalence of chronic diseases, virals, and infections like metabolic disorders among pets and increasing awareness about maintaining animal health represent one of the primary factors driving the demand for veterinary imaging around the world. Moreover, rising incidences of zoonotic diseases, including animal flu and tick infestation, and the growing spread of animal borne diseases are influencing the market positively.

In addition, there is an increase in the consumption of animal-derived products. Along with this, the rising consciousness about food safety is favoring the growth of the market. Apart from this, governing agencies of numerous countries are undertaking measures to support veterinary practices and commercial animal-production programs.

They are also commencing initiatives with non-governmental organizations (NGOs) of different countries to improve healthcare infrastructure and facilities accessible to all. 

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

• Instrument

• Reagents

• Others

Breakup by Animal Type:

• Small Companion Animals

• Large Animals

Breakup by Application:

• Orthopedics and Traumatology

• Oncology

• Cardiology

• Neurology

• Others

Breakup by End User:

• Hospitals and Clinics

• Reference Laboratories

• Others

Breakup by Region:

• North America: (United States, Canada)

• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America: (Brazil, Mexico, Others)

• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

Agfa-Gevaert N.V. (IG Farben), Canon Inc., Carestream Health Inc., Draminski S.A., Esaote SpA, Fujifilm holdings corp., Hallmarq Veterinary Imaging, Heska Corporation, IDEXX Laboratories Inc., IMV Technologies Group, MinXray Inc. and Siemens Healthineers AG (Siemens AG).

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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