Bharat Book Bureau Provides the Trending Market Research Report on "Veterinary Imaging Equipment Global Market Report 2020-30: Covid 19 Growth and Change" under Veterinary Healthcare category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Veterinary Imaging Equipment Global Market Report 2020-30: Covid 19 Growth and Change
Including: 1) By Type: Radiography (X-Ray) System; Ultrasound Imaging System; Computed Tomography Imaging System; Video Endoscopy Imaging System; Magnetic Resonance Imaging System; Others
2) By End User: Veterinary Hospitals; Veterinary Clinics; Academic and Research Organizations; Others
3) By Application: Orthopedics And Traumatology; Oncology; Cardiology; Neurology; Others
4) By Animal Type: Small Companion Animals; Large Animals; Others
5) By Modality: Portable; Stationery
Covering: Agfa-Gevaert N.V.; Canon Inc.; Excelsior Union Limited; Fujifilm Holdings Corporation; Hitachi Ltd.

Veterinary Imaging Equipment Global Market Report 2020-30: Covid 19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global veterinary imaging equipment market.

This report focuses on veterinary imaging equipment market which is experiencing strong growth. The report gives a guide to the veterinary imaging equipment market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
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• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
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• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order.

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Description:

Where is the largest and fastest growing market for the veterinary imaging equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Veterinary Imaging Equipment market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider veterinary imaging equipment market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The veterinary imaging equipment market section of the report gives context. It compares the veterinary imaging equipment market with other segments of the veterinary imaging equipment market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, veterinary imaging equipment indicators comparison.

Scope

Markets Covered: 1) By Type: Radiography (X-Ray) System; Ultrasound Imaging System; Computed Tomography Imaging System; Video Endoscopy Imaging System; Magnetic Resonance Imaging System; Others
2) By End User: Veterinary Hospitals; Veterinary Clinics; Academic and Research Organizations; Others
3) By Application: Orthopedics And Traumatology; Oncology; Cardiology; Neurology; Others
4) By Animal Type: Small Companion Animals; Large Animals; Others
5) By Modality: Portable; Stationery

Companies Mentioned: Agfa-Gevaert N.V.; Canon Inc.; Excelsior Union Limited; Fujifilm Holdings Corporation; Hitachi Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Major players in the veterinary imaging equipment market are Agfa-Gevaert N.V., Canon Inc., Excelsior Union Limited, Fujifilm Holdings Corporation, Hitachi Ltd., Onex Corporation, Siemens AG, GE Healthcare, Chison and IDEXX.

The global veterinary imaging equipment market is expected to decline from $1.61 billion in 2019 to $1.57 billion in 2020 at a compound annual growth rate (CAGR) of -2.50%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.99 billion in 2023 at a CAGR of 8.29%.

The veterinary imaging equipment market consists of sales of veterinary imaging equipment by entities (organizations, sole traders and partnerships) that produce veterinary diagnostic equipment used to obtain medical images of animals for diagnosis of various diseases. This industry includes establishments that produce diagnosis equipment such as radiography, X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and other imaging equipment. These imaging systems are used for cardiology, orthopedics & traumatology, oncology, neurology, and others.

North America was the largest region in the veterinary imaging equipment market in 2019. Asia Pacific is expected to be the fastest-growing region in the veterinary imaging equipment market in the forecast period.

The veterinary imaging equipment market covered in this report is segmented by type into radiography (X-ray) system; ultrasound imaging system; computed tomography imaging system; video endoscopy imaging system; magnetic resonance imaging system; others. It is also segmented by end user into veterinary hospitals; veterinary clinics; academic and research organizations; others, by application into orthopedics and traumatology; oncology; cardiology; neurology; other, by animal type into small companion animals; large animals; others and by modality into portable; stationery.

In May 2018, BCF Technology, a company engaged in manufacturing veterinary ultrasound, merged with ECM (Echo Control Medical) to form a new imaging division - IMV Technologies Group. The merger aims to improve IMV Imaging's invention, provision, and development of animal diagnostic imaging equipment by delivering a wider portfolio of veterinary care products to improve animal care. ECM (Echo Control Medical) is a France-based company engaged in manufacturing medical equipment including urology, vascular examinations, abdominal treatment equipment, and veterinary imaging equipment.

The high cost of veterinary imaging systems is expected to limit the growth of the veterinary imaging equipment market over the coming years. Veterinary imaging equipment is considered to be costly, which is likely to be a major challenge for veterinary hospitals and clinics. For instance, the veterinary digital radiography systems cost ranges between $25,000 and $50,000. The cost of ultrasound devices is estimated to range from $2,000 to $3,000 for small portable machines and large machines can range from $50,000 and more. In addition to this, the maintenance agreement cost is estimated to be around 15% of the purchase price. Therefore, the high cost of veterinary imaging equipment and associated maintenance cost is to act as a key factor to hinder the market’s growth.

Key companies operating in the veterinary imaging equipment are focusing on the launch of portable or wireless devices to provide better solutions for effective veterinary technologies, which is projected to be a leading trend veterinary imaging equipment market. For instance, in October 2018, Diagnostic Imaging Systems, Inc. (DIS), a US-based manufacturer and supplier of imaging products, launched new Double Head Wireless Ultrasound Probe, an advanced product in digital imaging technologies for veterinary practice. The device transmits the images wirelessly to any tablet or computer running Apple iOS, Windows, or Android operating systems. In another instance, in November 2019, Butterfly Network, Inc., a US-based digital healthcare company, announced the launch of Butterfly iQ Vet, a new handheld ultrasound device with ultrasound-on-a-chip technology for the veterinary application. Butterfly iQ Vet provides better access to medical imaging and enables vets to make improved care decisions.

The rising livestock population is anticipated to boost the demand for veterinary imaging equipment. The surge in livestock population and associated diseases is expected to propel the demand for veterinary medical equipment including veterinary imaging equipment to diagnose and treat various diseases in animals. For instance, the global cattle or cow population increased from 984.53 million in 2017 to 989.03 million in 2019. Moreover, according to the Food and Agriculture Organization of the United Nations, the global cattle population is projected to increase to 2.6 billion by 2050 and the global population for goat and sheep is predicted to reach 2.7 billion by the end of 2050. Consequently, growth in the livestock population is expected to trigger the demand for veterinary imaging equipment in the forecast period.

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