The global animal/veterinary ultrasound market size reached USD 318.9 Million in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to the latest analysis by Emergen Research. The increasing number of companion animals and rising demand for pet insurance are some key factors projected to support veterinary ultrasound market revenue growth between 2021 and 2030. In addition, the increasing number of veterinary doctors in developed and developing countries is expected to boost revenue growth in the market going forward. The increasing number of veterinarians has also resulted in an increasing number of new treatment facilities, which is expected to boost demand for various treatment equipment for animals, including animal ultrasound devices. In addition, veterinarians' incomes in developed countries have significantly risen in recent years, and this is strengthening their purchasing power, which is expected to boost adoption of animal ultrasound devices in private clinics.
With the reader's comprehension in mind, the team of analysts at Emergen Research painstakingly put up the new study named "Global Animal/Veterinary Ultrasound Market." A sizable database on industry distribution is also included. The study takes into account both historical and current market conditions in order to forecast the worldwide Animal/Veterinary Ultrasound Market outlook during the forecast period (2022–2030). Researchers who thoroughly examined the global market were able to identify the factors affecting the industry's overall growth. Strong analytical techniques, such as SWOT analysis and Porter's Five Forces, are used in the research to assess the strengths, weaknesses, opportunities, and threats connected to the growth of different market segments.
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Global Animal Ultrasound Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Animal Ultrasound market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Animal Ultrasound market and pinpoint the fundamental growth trends.
Key Companies Profiled in the Report are:
IDEXX Laboratories, Inc., Carestream Health, Inc., Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Heska Corporation, Diagnostic Imaging Systems, Inc., Clarius Mobile Health Corp., DRAMIÑSKI S.A., and Hallmarq Veterinary Imaging Limited
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Some Key Highlights from the Report
- Large animals segment revenue is expected to expand at a substantially rapid CAGR during the forecast period owing to rising prevalence of zoonotic diseases in cows, horses, and buffalos. Additionally, increasing livestock numbers is expected to propel revenue growth of this segment.
- Obstetrics & gynecology segment is expected to register a significantly robust revenue growth rate over the forecast period due to increasing use of ultrasound for animal pregnancy testing.
- North America is expected to register a considerably steady revenue growth rate in the global animal ultrasound market over the forecast period due to presence of major animal ultrasound system providers such as GE Healthcare, IDEXX Laboratories, Inc., Carestream Health, Inc., and Diagnostic Imaging Systems, Inc. among others in countries in the region.
Market Overview:
The report bifurcates the Animal Ultrasound market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Animal Type Outlook (Revenue, USD Million; 2018–2028)
- Large Animals
- Small Companion Animals
- Imaging Type Outlook (Revenue, USD Million; 2018–2028)
- Doppler Imaging
- 2D Ultrasound Imaging
- 3D & 4D Ultrasound Imaging
- Scanner Type Outlook (Revenue, USD Million; 2018–2028)
- Handheld Ultrasound Scanners
- Cart-based Ultrasound Scanners
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Additional information offered by the report:
- Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Cobots market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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