Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 475.6 Million | USD 838.99 Million | 6.51% | 2023 |
The global veterinary ultrasound scanner market size was worth around USD 475.6 million in 2023 and is predicted to grow to around USD 838.99 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.51% between 2024 and 2032.
Veterinary ultrasound imaging is used for animals and is known as diagnostic sonography or ultrasonography and is majorly used for diagnostic purposes. The ultrasound imaging is based on ultrasound technology that uses sound waves with higher frequencies than the frequencies audible to animals. These scanners send pulses to the animal tissues through the probes. This generates sound echoes, which help in generating the images of the required body parts. In humans, ultrasound is one of the most preferred screening options during pregnancy. The ultrasound tools used for animals are analogous to humans, except they use high frequency and smaller size probes.
The emergence of cost-effective technologies for veterinary and laboratory automation for screening various diseases is slated to be the major growth driver for the global veterinary ultrasound scanners market. In addition, developments made related to technology and innovative equipment along with continued growth in the animal products market are set to fuel the progress of the global veterinary ultrasound scanners market in the upcoming years. However, the threat of substitution by new technologies, such as thermoacoustic computed tomography (TCT), might act as a challenge for the veterinary ultrasound scanners market growth. Nevertheless, the increasing need for accurate and early disease diagnosis in animals owing to increasing incidences of diseases and severity in animal breeding farms across the globe is estimated to act as another growth factor for the veterinary ultrasound scanners market in the near future.
The study includes drivers and restraints for the veterinary ultrasound scanners market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the veterinary ultrasound scanners market on a global level.
In order to give the users of this report a comprehensive view of the veterinary ultrasound scanners 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 product type, imaging technology, and end-user are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order 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 launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and service portfolio of various companies according to regions.
The study provides a decisive view of the veterinary ultrasound scanners market by segmenting the market based on product type, imaging technology, end users, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. Based on product type, the market is segmented into portable ultrasound scanners and cart-based ultrasound scanners. Based on imaging technology, the market is divided into digital imaging technology, analog imaging technology, and contrast imaging technology. The key end-users covered in this study include veterinary hospitals, veterinary clinics, and animal breeding farms.
Report Attributes | Report Details |
---|---|
Report Name | Veterinary Ultrasound Scanner Market |
Market Size in 2023 | USD 475.6 Million |
Market Forecast in 2032 | USD 838.99 Million |
Growth Rate | CAGR of 6.51% |
Number of Pages | 210 |
Key Companies Covered | EsaoteSpA, Samsung Medison Co. Ltd., Siemens Healthineers, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., BCF Technology Ltd., Sonostar Technologies Co. Limited, DRAMINSKI S. A., and others. |
Segments Covered | By Product Type, By Imaging Technology, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with their further divided into major countries including the U.S., Germany, France, the UK, China, Japan, India, and Brazil. This segmentation includes the demand for veterinary ultrasound scanners market based on individual product type, imaging technology, and end-user in all regions and countries.
The global veterinary ultrasound scanner market is led by players like:
This report segments the global veterinary ultrasound scanners market as follows:
Global Veterinary Ultrasound Scanners Market: Product Type Segment Analysis
Global Veterinary Ultrasound Scanners Market: Imaging Technology Segment Analysis
Global Veterinary Ultrasound Scanners Market: End-User Segment Analysis
Global Veterinary Ultrasound Scanners Market: Regional Segment Analysis
FrequentlyAsked Questions
The veterinary ultrasound scanners are designed for several veterinary examination applications including distal limb scans, pregnancy scan, abdominal, musculoskeletal, and cardiac scans of animals. These scanners are imaging devices, which obtain images from the inside of the animal bodies using high-frequency ultrasound waves.
According to the report, the global veterinary ultrasound scanner market size was worth around USD 475.6 million in 2023 and is expected to reach to around USD 838.99 million by 2032.
The global veterinary ultrasound scanner market is expected to grow at a CAGR of 6.51% during the forecast period.
The global veterinary ultrasound scanner market is dominated by players like EsaoteSpA, Samsung Medison Co. Ltd., Siemens Healthineers, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., BCF Technology Ltd., Sonostar Technologies Co. Limited, and DRAMINSKI S. A., among others.
The report explores crucial aspects of the veterinary ultrasound scanner market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed