The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s veterinary imaging equipment market report forecasts the veterinary imaging equipment market size to grow to $2.43 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

Learn More On The Veterinary Imaging Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/veterinary-imaging-equipment-global-market-report

Veterinary Imaging Equipment Market Size Forecast
The global veterinary imaging equipment market is expected to grow from $1.76 billion in 2022 to $1.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global veterinary imaging equipment market size is expected to grow from $2.43 billion in 2027 at a CAGR of 6.6%.

North America held the largest veterinary imaging equipment market share.

Key Veterinary Imaging Equipment Market Driver ­– Rise In Livestock Population
For instance, according to the Food and Agriculture Organization of the United Nations, the global cattle population is projected to increase to 2.6 billion by 2050 and the global population of goats and sheep is predicted to reach 2.7 billion by the end of 2050. Consequently, growth in the livestock population is expected to trigger the demand for veterinary imaging equipment in the forecast period.

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Key Veterinary Imaging Equipment Market Trend – Launching Portable Or Wireless Devices
Key companies operating in the veterinary imaging equipment market are focusing on the launch of portable or wireless devices to provide better solutions for effective veterinary technologies, which is projected to be a leading trend in the veterinary imaging equipment market. For instance, in September 2022, Planmed, a Ginland-based designer and manufacturer of imaging systems, launched launched Planmed Verity® VET – a high-resolution CT scanner for veterinary 3D imaging. It is a standalone cone beam CT scanner created especially for imaging animals. The animal’s skeletal structures, including the teeth, skull, and extremities, are represented in incredibly precise submillimeter-resolution 3D pictures. Its precise volumetric images allow for consistently accurate diagnosis and treatment planning. The portable and small Planmed Verity VET scanner makes it simple to access 3D imaging when necessary and brings it right to the patient. 

Veterinary Imaging Equipment Market Segment
1) By Type: Radiography (X-Ray) System, Ultrasound Imaging System, Computed Tomography Imaging System, Video Endoscopy Imaging System, Magnetic Resonance Imaging System, Other Types
2) By End User: Veterinary Hospitals, Veterinary Clinics, Academic and Research Organizations, Other End Users
3) By Application: Orthopedics And Traumatology, Oncology, Cardiology, Neurology, Other Applications
4) By Animal Type: Small Companion Animals, Large Animals, Other Animal Types
5) By Modality: Portable, Stationery

Veterinary Imaging Equipment Market Major Players and Strategies
Major players in the veterinary imaging equipment market are Agfa-Gevaert N.V., Canon Inc., Excelsior Union Limited, Fujifilm Holdings Corporation, Hitachi Ltd., Onex Corporation, Siemens AG, GE Healthcare, Chison, and IDEXX.

In September 2021, Mindray, a company operating in veterinary imaging equipment based in China, acquired HyTest Invest Oy and its subsidiaries for an undisclosed amount. With this acquisition, HyTest Company enables Mindray to have top-notch raw material R&D and innovation capabilities and also helps in investing in R&D as well as strengthening and improving its competitive edge. Hytest is a company operating in veterinary imaging equipment based in Finland.

The Veterinary Imaging Equipment Global Market Report 2023 covers regional data on veterinary imaging equipment market size, veterinary imaging equipment market trends and drivers, opportunities, strategies, and veterinary imaging equipment market competitor analysis. The countries covered in the veterinary imaging equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Veterinary imaging equipment refers to veterinary diagnostic equipment such as radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and other imaging equipment. used to obtain medical images of animals for the diagnosis of various diseases. This industry includes establishments that produce diagnostic equipment that is used in cardiology, orthopaedics & traumatology, oncology, neurology, and others.

View More Reports Related To The Veterinary Imaging Equipment Market –
Veterinary Diagnostic Equipment Global Market Report 202
Veterinary Patient Monitoring Equipment Global Market Report 2023
Veterinary Anesthesia Equipment Global Market Report 2023

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