The most recent market research report from Emergen Research, titled Global Animal/Veterinary Ultrasound Market, provides an estimated market size and share as well as current industry trends, global market growth rates, significant drivers and opportunities, difficulties, product segmentation, and key market competitors. Pricing range, size of the market, degree of competition, product offerings and details, and business histories
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.
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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.
The leading market contenders listed 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
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
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; 2019–2030)
Large Animals
Small Companion Animals
Imaging Type Outlook (Revenue, USD Million; 2019–2030)
Doppler Imaging
2D Ultrasound Imaging
3D & 4D Ultrasound Imaging
Scanner Type Outlook (Revenue, USD Million; 2019–2030)
Handheld Ultrasound Scanners
Cart-based Ultrasound Scanners
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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.
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