Veterinary Imaging Market is predicted to experience an exponential growth over the forecast period
MarketStudyReport.com Adds New Veterinary Imaging Market 2019 – 2025 research report providing information and data By Product, By Animal Type, By Application, By End-use, Industry Analysis, Regional Outlook, Trends, Competitive Market Share & Forecast spreading across 150 Pages with table and figures in it.
Delaware, Selbyville – August 7, 2019 /MarketersMedia/ —
North America veterinary imaging market will witness more than 6% growth in forecast period. Growing adoption of animals in the region and increasing prevalence of zoonotic disease will surge the demand for veterinary imaging systems. Moreover, veterinary imaging offers wide range of instruments and reagents that enables earlier detection of disease to prevent serious illness and deaths in animals such aspects are expected to foster regional growth.
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Veterinary Imaging Market will exceed USD 2 Billion by 2025. Increasing adoption of pets will surge the demand for veterinary imaging market. The adoption of pets is rising on an account of positive health benefits observed among pet care owners. These benefits include reduced stress, it helps in lowering blood pressure, and cholesterols levels that enhances pet adoption, thereby, drives veterinary diagnostic imaging industry growth.
Oncology segment will grow over 7% during the forecast timeframe. Availability of precise diagnostic tools and rising concern for cancer and tumor in small animals are aspects that that will propel demand for veterinary imaging market. Most of the clinical institutions formed partnership with the leading academic institutions to promote innovation in oncology that will provide efficient cancer treatment to conquer forthcoming challenges. Hence, growing research activities and increasing per capita animal healthcare expenditure will boost segmental growth.
Clinics segment held around 570 million in 2018 and is expected to witness robust growth over the analysis time frame owing to increasing number of veterinarians and growing awareness concerning small companion animals diagnosis that is performed in clinical settings. Additionally, increasing demand of pet insurance plans that benefits owners coupled with favorable reimbursement policies will boost the segmental growth.
Veterinary imaging instruments segment accounted for over 54% revenue share in 2018 and will witness robust growth during the analysis time frame owing to increasing prevalence of zoonotic diseases that needs effective diagnostic tool, thus, augments the demand for vet imaging instruments.
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Some of the notable industry players operational in veterinary imaging market include Agfa-Gevaert, BCF, Canon Medical Systems, Carestream Health, Epica International, Esaote SpA, Fujifilm, GE Healthcare, Hitachi, Idexx Laboratories, Shenzhen Mindray Bio-Medical Electronics, and Siemens. Eminent business players adopt strategies such as new product launches, collaborations and geographic expansions that enable them in sustaining market competition. For instance, in February 2019, Esaote introduced MyLabX8, ultrasound platform to support hospitals as well as clinics. This strategy has enhanced firm?s existing product portfolio.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Veterinary Imaging Industry Insights
Chapter 4. Veterinary Imaging Market, By Product
Chapter 5 Veterinary Imaging Market, By Animal Type
Chapter 6. Veterinary Imaging Market, By Application
Chapter 7. Veterinary Imaging Market, By End-use
Chapter 8. Veterinary Imaging Market, By Region
Chapter 9. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/veterinary-imaging-market
Related Report:
Global (United States, European Union and China) Veterinary Imaging Equipment Market Research Report 2019-2025
This report studies the global market size of Veterinary Imaging Equipments, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Veterinary Imaging Equipments production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019 and forecast to 2025.
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