Veterinary Ultrasound Market is estimated to expand at a compounded annual growth rate (CAGR) of 6.8% during the forecast period

The global veterinary ultrasound market is estimated to expand at a compounded annual growth rate (CAGR) of 6.8% during the forecast period of 2021-2030.

 

The use of ultrasonic instruments to create images of interior body structures of animals for correct identification and detection of organs, their state, and appearance is known as veterinary ultrasound. These devices provide images of internal body structures based on echo patterns returned from the targeted tissues and organs using ultrasonic sound waves with a frequency range of 1.5–15 megahertz (MHz). The major goal of this procedure is to improve veterinarian diagnosis and therapeutic outcomes by looking for anomalies in animals' abdomens, hearts, and chests.




 

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Growth Drivers:

The burgeoning demand for ultrasound devices to diagnose certain animal diseases; the rising number of veterinary practitioners in developed countries; the rising awareness regarding animal health care; the escalating number of technological advancements; the growing demand for pet insurance; and the proliferating need for high-end livestock productivity enhancement, especially in mid- and low-income economies are the primary factors driving the growth of this market.

In addition, people's desire for pet companionship and ownership has increased dramatically in recent years all across the world. According to a survey, the number of pet dogs in the United States increased from 68.5 million in 2000 to approximately 84.0 million in 2014. This rising desire for pet companionship leads to a greater reliance on veterinary ultrasound technology to ensure the health of these animals, which is expected to boost overall pet healthcare spending and the worldwide veterinary ultrasonography market.

Veterinary Ultrasound Market Segmentation:

By Type:

·         2D Ultrasound

·         3D/4D Ultrasound

·         Doppler Ultrasound

 

By Product:

·         Cart-based

·         Portable

 

By Technology:

·         Digital Imaging

·         Contrast Imaging

 

By Animal Type:

·         Small Companion Animals

·         Large Animals

 

By Application:

·         Obstetrics/Gynecology

·         Cardiology

·         Orthopedics

·         Others

 

By End User:

·         Veterinary Clinics

·         Veterinary Hospitals & Academic Institutes

·         Others

 

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

 

 

Based on type, the 2D ultrasound segment held the largest share of the global veterinary ultrasound market in 2020. The segment is expected to retain its position further and witness the highest growth in the market during the forecast period of 2021-2030. 

Based on end user, the veterinary clinics segment dominated the global veterinary ultrasound market in 2020. The segment is anticipated to retain its dominance further in the market during the forecast period due to the high usage of ultrasound in veterinary clinics and the increasing number of veterinary clinics worldwide.

Based on application, the orthopedics segment captured the largest share of the global veterinary ultrasound market in 2020. This trend is predicted to remain unchanged during the forecast period of 2021-2030. 

Based on animal type, the small companion animals segment acquired the largest share of the global veterinary ultrasound market in 2020. The segment’s position is improbable to change during the forecast period. 

 

Key Companies in Veterinary Ultrasound Market:

·         Siemens Healthineers

·         Diagnostic Imaging Systems Inc.

·         IMV Imaging

·         Shenzhen Ricso Technology Co. Ltd.

·         Heska Corporation

·         Clarius Mobile Health

·         GE Healthcare

·         Esaote SpA

·         FUJIFILM Holdings Corporation

·         Shenzhen Mindray Bio-medical Electronics Co. Ltd.

·         BMV Technology Co. Ltd.

·         Promed Technology Co. Ltd.

·         Interson Corporation

·         Scintica Instrumentation Inc.

·         Leltek Inc.

·         Lepu Medical Technology

·         Edan Instruments Inc.

·         ReproScan

·         Other Players

 

 

Read More Information: https://www.xresearch.biz/shop/veterinary-ultrasound-market

 

                                

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

 

 

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