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Wednesday, May 25, 2022

Global Veterinary Ultrasound Devices Market to be Driven by the Growing Number of Veterinarians in the Forecast Period of 2022-2027 

The new report by Expert Market Research titled, ‘Global Veterinary Ultrasound Devices Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global veterinary ultrasound devices market, assessing the market based on its segments like device types, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027):  4.8%

Rising demand for and growing number of veterinarians, an increasing number of animals being adopted as pets, a growing number of physically demanding animal-sporting events, rising demand for better animal healthcare, progressive urbanisation, and growing per capita animal health expenditure are factors likely to drive the global veterinary ultrasound devices market. Over the forecast period, rising pet adoption and the frequency of cardiovascular and oncological illnesses among companion and livestock animals are expected to fuel the market expansion.

Industry Definition and Major Segments

Ultrasound is a common veterinary imaging modality that has distinct advantages over radiography in some diagnostic situations. Ultrasound technology has advanced recently, allowing for more precise diagnostics. Image resolution, image optimisation software, ergonomics, on-board reporting system, needle guidance features, and specific applications are the significant aspects of veterinary ultrasound equipment.

By device type, the market is segmented into:

• Benchtop
• Handheld

By end-user, the market is classified into:

• Veterinary Hospitals
• Veterinary Surgical Centres
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Market Trends

New product improvements, fuelled by rising demand for better imaging technology and a growing awareness of the importance of early and precise illness diagnosis, may raise the market outlook for veterinary ultrasound devices in the coming years. With advancements in technology, veterinary ultrasound systems have become more advanced and come to offer more versatility and improved diagnostic capability. Some features that enhance ease of use of a system include swivel and tilting of large monitors, simultaneous split-screen, GE Scan Assistant like features, and “Plug and Play” veterinary presets. The growth of veterinary clinics and hospitals in these countries has increased the demand for the veterinary ultrasound market.

Key Market Players

The major players in the market are IMV Imaging, Draminski S. A., FUJIFILM Sonosite Inc., E.I. Medical Imaging, and Esaote SpA, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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