Veterinary Ultrasound Imaging Market Size, Share, Analysis, Trends, Growth, 2032

Veterinary Ultrasound Imaging Industry Perspective

The global veterinary ultrasound imaging market size accrued earnings worth approximately USD 418.66 Million in 2023 and is predicted to gain revenue of about USD 758.11 Million by 2032, is set to record a CAGR of nearly 6.82% over the period from 2024 to 2032.

The report covers a forecast and an analysis of the veterinary ultrasound imaging market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes the drivers and restraints of the veterinary ultrasound imaging market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the veterinary ultrasound imaging market on a global level.

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In order to give the users of this report a comprehensive view of the veterinary ultrasound imaging market, we have included a competitive landscape and an analysis of Porter’s Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Veterinary Ultrasound Imaging Market: Overview

Veterinary ultrasound imaging is a non-invasive technique of acquiring pictures of an animal’s body for medical purposes, such as diagnosis and treatment. Small companion animals, big animals, zoo animals, among others are considered for this imaging process. This is a non-invasive technique is developed from human organ imaging, with the aid of various diagnostic imaging instruments. Due to the evolving health-consciousness of pet animals, the veterinary ultrasound imaging market is anticipated to grow over the forecast time period.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, R&D, and regional expansion of major participants involved in the market on a global and regional basis.

Veterinary Ultrasound Imaging Market: Growth Factors

There are numerous factors anticipated to promote the development of the veterinary ultrasound imaging market globally in the years ahead, such as increasing spending on animal health. Different modifications have occurred over time in the methodology of treating various kinds of animal injuries, specifically the type of wound and the type of animal. The veterinary ultrasound imaging market is also being driven by the increasing number of veterinary physicians, growing pet adoption rates, and rising vigilance related to animal health. However, the increasing pet care fees, rising introduction of sophisticated wound care products, and a lack of veterinary professionals may restrict the veterinary ultrasound imaging market development, particularly in the emerging nations.

Veterinary Ultrasound Imaging Market: Segmentation

The study provides a decisive view of the veterinary ultrasound imaging market by segmenting it based on the product, animal type, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on product, the veterinary ultrasound imaging market is classified into 3D/4D ultrasound imaging, 2D ultrasound imaging, and Doppler imaging. The 3D/4D imaging segment is expected to account for a major market share over the forecast period.

The application segment includes neurology, oncology, orthopedics and traumatology, cardiology, and others. The animal type segment includes large animals, small companion animals, and others.

The end-user segment comprises reference labs, veterinary clinics/hospitals, and others.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Veterinary Ultrasound Imaging Market: Report Scope

Veterinary Ultrasound Imaging Market: Regional Insights

North America is expected to lead the veterinary ultrasound imaging market globally over the forecast time period. It is anticipated to be closely followed by the European region. The market growth in these developed regions is attributed to the high disposable income and growing healthcare awareness about pets and other animals. The Asia Pacific veterinary ultrasound imaging market will be experiencing substantial growth in the future, owing to the growing popularity of having a pet.

Veterinary Ultrasound Imaging Market: Competitive Space

Some key players of the global veterinary ultrasound imaging market are

• GE Healthcare
• Agfa-Gevaert
• Hallmarq Veterinary Imaging
• Fujifilm Holdings
• Epica Medical Innovations
• Onex Corporation
• Sedecal USA
• BCF Technology
• Siemens
• Neurologica Corporation
• E.I. Medical Systems
• Echo Control Medical
• Heska Corporation
• Chison Medical Imaging
• Allpro Imaging.
• Among Others

The report segments the global veterinary ultrasound imaging market into:

Global Veterinary Ultrasound Imaging Market: Product Analysis

• 2D Ultrasound Imaging
• 3D/4D Ultrasound Imaging
• Doppler Imaging

Global Veterinary Ultrasound Imaging Market: Application Analysis

• Orthopedics
• Traumatology
• Oncology
• Cardiology
• Neurology
• Others

Global Veterinary Ultrasound Imaging Market: Animal Type Analysis

• Small Companion Animals
• Large Animals
• Others

Global Veterinary Ultrasound Imaging Market: End-User Analysis

• Veterinary Clinics/Hospitals
• Reference Labs
• Others

Global Veterinary Ultrasound Imaging Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa