Global Animal Ultrasound Market Forecast to 2030
The intensive primary and secondary research, as well as the qualitative and quantitative analysis of important market segments, led to the creation of the Animal/Veterinary Ultrasound Market study. Business professionals have additionally endorsed and confirmed the clever knowledge. The purpose of the report is to offer more information on the lead-free piezoelectric ceramic material industry's overall market environment.
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 latest analysis by Emergen Research. 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, increasing number of veterinary doctors in developed and developing countries is expected to boost revenue growth of the market going ahead. Increasing number of veterinarians has also resulted in 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.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Animal Ultrasound market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
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
Research Report on the Animal Ultrasound Market Addresses the Following Key Questions:
- Who are the dominant players of the Animal Ultrasound market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Animal Ultrasound market?
- What are the key growth drivers and restraining factors of the Animal Ultrasound market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Animal Ultrasound market and its key segments?
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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 Segmentations of the Animal Ultrasound Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Animal Ultrasound market on the basis of product, application, and region:
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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Regional Landscape section of the Animal Ultrasound report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Animal Ultrasound Market report:
- The latest report comprehensively studies the global Animal Ultrasound market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
In conclusion, the Animal Ultrasound Market report is an exhaustive database that will help readers formulate lucrative strategies. The Animal Ultrasound Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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