Global Veterinary Imaging Market Research Report: Forecast to 2023


On the basis of region, the Americas is expected to account for the largest share in the global veterinary imaging market, at a CAGR of 7.37% during the forecast period.

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Veterinary imaging instruments are used for the diagnosis of chronic diseases and getting medical images of animals. Notably, the increasing prevalence of zoonotic diseases, significant rise in pet insurance purchases, and increased number of veterinary practitioners are promoting the growth of the veterinary imaging market globally.
Owing to the rising human population, the demand for meat and dairy products is also escalating, which leads to the rapid transformation in livestock systems. On considering the historical data, it is found that in 2010, the World Bank estimated that zoonotic diseases had cost global economies more than USD 20 million in direct costs and USD 200 million in indirect costs.
In the recent years, various government and private associations are working to control zoonotic diseases. For instance, in 2014, six associations, namely, the Biotechnology and Biological Sciences Research Council (BBSRC), the Natural Environment Research Council (NERC), the Department for International Development (DFID), the Economic and Social Sciences Research Council (ESRC), the Defense Science and Technology Laboratory (DSTL), and the Medical Research Council (MRC) joined to introduce a new Zoonoses and Emerging Livestock Systems (ZELS) research program. The programme includes USD 27.90 million investment from ZELS partners, and 11 projects involving 19 UK institutions and over 30 overseas institutions.
On the other hand, certain factors are restraining the growth of the market such as high procedure cost and lack of skilled veterinarians.
The global market for veterinary imaging is estimated to reach USD 1858.36 million by 2023, from USD 1247.61 million in 2017. The market is projected to grow at a CAGR of 6.90%, during the forecast period of 2018 to 2023.
On the basis of product type, the market is segmented into veterinary imaging instruments, veterinary imaging reagents, and veterinary imaging software. By product type, veterinary imaging instruments held the maximum market share of the global veterinary imaging market share in 2017.
On the basis of animal type, the global veterinary imaging market is segmented into small companion animals, large animals, and others. By animal type, the small companion animal segment accounted for the highest market share in 2017.
The therapeutic areas for the global veterinary imaging market are segmented into orthopedics and traumatology, cardiology, neurology, oncology and others, where the orthopedics and traumatology segments accounted for the largest share of the veterinary imaging market share in 2017.
On the basis of end-user, the global veterinary imaging testing market is segmented into hospitals and clinics, academic institutes, and others. The hospitals and clinics segment held the largest segment of the market in 2017.
Key Players
The key players for the veterinary imaging market are BCF Technology Ltd, Esaote SpA, Medical Imaging / IMCO, Inc, Diagnostic Imaging System, Inc, Merry X-Ray, Hallmarq Veterinary Imaging Ltd, Carestream Health, General Electric Canon Inc., Fujifilm Holding Corporation, Heska Corporation, Idexx Laboratories Inc., and others.
Study Objectives
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries
• To provide insights into factors influencing and affecting the market growth
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
• To provide economic factors that influence the global veterinary imaging market

Target Audience
• Pharmaceutical and Medical Device Industries
• Potential Investors
• Medical Research Institutes
• Key Executive (CEO and COO) and Strategy Growth Manager
• Research Companies
Key Findings
• The major market players in the global veterinary imaging market are Fujifilm Holding, Corporation, Heska Corporation, Idexx Laboratory Inc, and Canon Inc.
• Fujifilm Holding Corporation accounted for more than a 9.9% share of the global veterinary imaging market
• Based on product type, veterinary imaging instruments commanded the largest market share in 2017 and was valued at USD 708.81 million in 2017
• Based on animal type, the small companion animal segment commanded the largest market share in 2017 and was valued at USD 565.85 million in 2017
• Based on therapeutics areas, the orthopedics and traumatology segment commanded the largest market share in 2017 and was valued at USD 520.72 million in 2017
• Based on end-user, the hospitals and clinics segment commanded the largest market share in 2017 and was valued at USD 917.16 million in 2017
• On the basis of region, the Americas is expected to account for the largest share in the global veterinary imaging market, at a CAGR of 7.37% during the forecast period.

The report also covers the regional analysis.
• North America
o US
o Canada
• South America
• Western Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Western Europe
• Eastern Europe
Asia Pacific
o China
o Japan
o India
o Australia
o Republic of Korea
o Rest of Asia-Pacific
The Middle East & Africa
• United Arab Emirates
• Saudi Arabia
• Oman
• Kuwait
• Qatar
• Rest of the Middle East & Africa

Table of Contents:

1 Report Prologue
2 Executive Summary
3 Market Introduction
3.1 Definition
3.2 Scope of the Study
3.3 List of Assumptions
3.4 Market Structure
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing Incidence of Zoonotic Diseases
5.2.2 Increasing Expenditure on Pet Insurance
5.2.3 Technological Advancements in Veterinary Imaging
5.3 Restraints
5.3.1 High Procedure Cost
5.3.2 Lack of Skilled Veterinarians
5.4 Opportunities
5.4.1 Innovations in Veterinary Imaging Instruments
5.5 Mega Trends
5.6 Macroeconomic Indicators
6 Market Factor Analysis
6.1 Value Chain Analysis
6.1.1 R&D and Designing
6.1.2 Manufacturing
6.1.3 Packaging & Assembly
6.1.4 Distribution & Sales
6.1.5 Post-Sales Review
6.2 Porter’s Five Forces Model
6.2.1 Bargaining Power of Suppliers
6.2.2 Bargaining Power of Buyers
6.2.3 Threat of New Entrants
6.2.4 Threat of Substitutes
6.2.5 Intensity of Rivalry
6.3 Demand & Supply: Gap Analysis
6.4 Investment Opportunities Analysis
6.5 Pricing Analysis
6.6 Technological Trends
7 Global Veterinary Imaging Market, by Product Type
7.1 Overview
7.2 Instruments
7.3 Veterinary Imaging Reagents
7.4 Veterinary Software
8 Global Veterinary Imaging Market, by Animal Type
8.1 Overview
8.2 Small Companion Animals
8.3 Large Animals
9 Global Veterinary imaging Market, by Therapeutic Area
9.1 Overview
9.2 Orthopedics and Traumatology
9.3 Cardiology
9.4 Neurology
9.5 Oncology
10 Global Veterinary Imaging Market, by End-User
10.1 Overview
10.2 Hospitals & Clinics
10.3 Academic Institutes
11 Global Veterinary imaging Market, by Region
11.1 Introduction
11.2 Americas
11.2.1 North America U.S. Canada
11.2.2 South America
11.3 Europe
11.3.1 Western Europe Germany France U.K Italy Spain Rest of Western Europe
11.3.2 Eastern Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 Republic of Korea
11.4.6 Rest of Asia Pacific
11.5 Middle East & Africa
11.5.1 Middle East
11.5.2 Africa
12 Competitive Landscape
12.1 Introduction
12.1.1 Company Share Analysis
13 Company Profile
13.1 Canon Inc.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products Offering
13.1.4 Key Developments
13.1.5 Key strategy
13.2 Fujifilm Holding Corporation
13.2.1 Company Overview
13.2.2 Financial Overview
13.2.3 Products Offering
13.2.4 Key Developments
13.2.5 SWOT Analysis
13.2.6 Key Strategy
13.3 Heska Corporation
13.3.1 Company Overview
13.3.2 Financial Overview
13.3.3 Products Offering
13.3.4 Key Developments
13.3.5 SWOT Analysis
13.3.6 Key Strategy
13.4 General Electric
13.4.1 Company Overview
13.4.2 Financial Overview:
13.4.3 Products Offering
13.4.4 Key Developments
13.4.5 SWOT Analysis
13.4.6 Key Strategy
13.5 Carestream Health
13.5.1 Company Overview
13.5.2 Financial Overview
13.5.3 Products Offering
13.5.4 Key Developments
13.5.5 SWOT Analysis
13.5.6 Key Strategy
13.6 Idexx Laboratories Inc.
13.6.1 Company Overview
13.6.2 Financial Overview
13.6.3 Products Offering
13.6.4 Key Developments
13.6.5 SWOT Analysis
13.6.6 Key Strategy
13.7 Hallmarq Veterinary Imaging Ltd.
13.7.1 Company Overview
13.7.2 Financial Overview:
13.7.3 Products Offering
13.7.4 Key Developments
13.7.5 SWOT Analysis
13.7.6 Key Strategy
13.8 Merry X-Ray
13.8.1 Company Overview
13.8.2 Products Offering
13.8.3 Key Developments
13.8.4 SWOT Analysis
13.8.5 Key Strategy
13.9 Diagnostic Imaging System, Inc.
13.9.1 Company Overview
13.9.2 Financial Overview:
13.9.3 Products Offering
13.9.4 Key Developments
13.9.5 SWOT Analysis
13.9.6 Key strategy
13.1 Medical Imaging / IMCO, Inc
13.10.1 Company Overview
13.10.2 Financial Overview:
13.10.3 Products Offering
13.10.4 Key Developments
13.10.5 SWOT Analysis
13.10.6 Key Strategy
13.11 Esaote SpA
13.11.1 Company Overview
13.11.2 Financial Overview:
13.11.3 Products Offering
13.11.4 Key Developments
13.11.5 SWOT Analysis
13.11.6 Key Strategy
13.12 BCF Technology, Ltd
13.12.1 Company Overview
13.12.2 Financial Overview:
13.12.3 Products Offering
13.12.4 Key Developments
13.12.5 SWOT Analysis
13.12.6 Key Strategy
14 Appendix
14.1 Discussion Blue Print

Additional information


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