Veterinary Imaging Equipment Market: Increasing Prevalence of Animal Diseases Reported Worldwide to Boost Growth by 2026

The Global Veterinary Imaging Equipment Market is anticipated to gain momentum from a rise in the demand for effective diagnostic tools. According to Fortune Business Insights, in a report, titled, “Veterinary Imaging Equipment Market Size, Share and Global Trend by Product (Digital Radiography, Magnetic Resonance Imaging (MRI), Computed Tomography, Ultrasound Systems, Nuclear Medical Imaging), by Modality (Portable, Stationary), by Animal (Small Companion Animals, Large Animals), by End User (Veterinary hospitals, Veterinary clinics, Academic and Research organizations), and Geography Forecast till 2026,” advanced precision and superior image quality are few of the major factors that are likely to contribute to the growth of the global veterinary imaging equipment market.

Browse Complete Report Details @

https://www.fortunebusinessinsights.com/industry-reports/veterinary-imaging-equipment-market-100522

Reduction in Imaging Duration Likely to Favor Growth of the Digital Radiography Segment

The report classifies the global veterinary imaging equipment market on the bases of five segments, namely, by product, by modality, by animal, by end user, and by geography. By product, the market is further divided into computed tomography, digital radiography, nuclear medical imaging, magnetic resonance imaging, ultrasound systems, and others.

Amongst these, the segment of digital radiography is projected to lead the global veterinary imaging equipment market during the forecast period. This is because radiography aids in reducing the duration of imaging as well as provides high quality images.

In terms of modality, the market is grouped into stationary and portable. By animal, the market is segmented into large animals and small companion animals. In terms of end user, the market is divided into veterinary clinics, academic and research organizations, veterinary hospitals, and others.

Amongst these, the veterinary clinics segment is likely to hold a major portion of the market share. This is because there has been a rise in the number of emergency cases of pets due to chronic diseases. Also, the number of veterinarians have increased.

Get Sample PDF [email protected]

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/veterinary-imaging-equipment-market-100522

Rise in the Incidence of Diseases in Animals is Likely to Boost Demand in Asia Pacific

The global veterinary imaging equipment market is geographically divided into Latin America, Asia Pacific, the Middle East and Africa, North America, and Europe. Amongst these, North America is projected to lead the global veterinary imaging equipment market during the forecast period. This is likely to occur due to a rise in the awareness regarding advanced animal imaging technologies, increasing number of pet population, and growing cases of zoonotic diseases.

Additionally, numerous governmental organizations are investing huge amounts on the development of technologically advanced veterinary imaging technology. Leading market players are persistently involving themselves in strategic collaborations. All these factors are anticipated to drive the growth of the global veterinary imaging equipment market in North America. Asia Pacific, on the other hand, is projected to exhibit a considerably high growth rate in the coming years. This is due to an increasing number of diseases in animals, namely, avian influenza, mouth and foot diseases, heartworm disease, etc.

Telerad Tech, BCF, and Other Prominent Key Players Focus on Advanced Imaging Software Tools to Enhance Growth

Telerad Tech, a provider of radiology software solutions on cloud, based in the U.S.A., unveiled its proprietary veterinary radiology software called VETSpa, in April 2018. The launching event took place at the BSAVA Congress, a global veterinary event that was held in Birmingham in the U.K. In May 2018, BCF and Echo Control Medical SAS, two of the most prominent veterinary imaging equipment companies merged to form a brand new imagining division named IMV imaging, within the IMV Technologies group.

Some of the major companies that are present in the global veterinary imaging equipment market are Siemens AG, Esaote SpA, General Electric Company, Onex Corporation, Agfa-Gevaert Group, Hitachi, Ltd., Fujifilm Holdings Corporation, Idexx Laboratories, Inc., BCF, Hallmarq Veterinary Imaging Ltd., and Canon Medical Systems Corporation, among others.

More Trending Topics from Future Business Insights:

Germany Home Healthcare Market to Rise Impressively at 5.6% CAGR Forecast by 2026

Coronary Stents Market to Reach US$ 8,414.5 Mn by 2026 Driven by the High Prevalence of Coronary Arterial Disorders by 2025

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]