Global Veterinary Ultrasound Market
The Global Veterinary Ultrasound Market was valued at USD 334 million in 2021 and is expected to reach 449 million by 2027, at a CAGR 6.1% from 2022-2027.
The Veterinary Ultrasound devices are used for disease monitoring, pregnancy detection, and general imaging in animals. These devices are used by veterinarians in clinics, hospitals, and research labs for the detection of disorders in many animal species. Growth in companion animal population, and the growing animal healthcare expenses is projected to increase the number of vet visits by pet owners, contributing to the growth of the overall veterinary Ultrasound market.
Market Drivers
The rise in the companion animal population and adoption rate has witnessed a positive surge on a global scale. Also, healthcare expenditure on companion animals and pet insurance is driving the market. Furthermore, the rapid increase in technological advancements is expected to boost the market in the coming years. The growth in the number of veterinary practitioners in developed countries is also expected to help the market grow at a higher pace in the future.
Market Restraints
The higher cost/prices of the procedures and the instruments used for veterinary ultrasound are considered to curb the market growth in the coming period. However, the launch of new and advanced technologies such as 3D/4D and Doppler have restrained the demand for 2D ultrasound. This is due to the image quality services offered by these new technologies is better than the image quality of 2D ultrasound.
Market Segmentation
The Global Veterinary Ultrasound Market is segmented into Type, Product, Technology, Animal Type, Application, End User, and Region.
Regional Analysis
The Global Veterinary Ultrasound Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the Veterinary Ultrasound Market and it accounted for the largest share of the veterinary ultrasound market in 2021. This was attributed to the well-established animal health industry, higher adoption rate of companion animals, increasing pet adoption, growing expenditure on animal health, and rising awareness about animal health in the region.
Emerging markets such as China, Brazil, India, and Mexico are also witnessing growth in animal ownership.
Key Players
Various key players are discussed into the Global Veterinary Ultrasound Market Report including: GE Healthcare, Esaote SpA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Siemens Healthineers, FUJIFILM Holdings Corporation, Heska Corporation, Samsung Electronics Co., Ltd., Diagnostic Imaging Systems, Inc., IMV Imaging, Shenzhen Ricso Technology Co., Ltd., Sonoscape Medical Corporation, and others.
Market Taxonomy
By Type
By Product
By Technology
By Application
By End-Use
By Region
Global Veterinary Ultrasound Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Veterinary Ultrasound Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Veterinary Ultrasound Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Veterinary Ultrasound Market Share Analysis, By Type
5.3 Global Veterinary Ultrasound Market Size and Forecast, By Type
5.3.1 2D Ultrasound
5.3.2 Doppler Ultrasound
5.3.3 3D/4D Ultrasound
6 Global Veterinary Ultrasound Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Veterinary Ultrasound Market Share Analysis, By Product
6.3 Global Veterinary Ultrasound Market Size and Forecast, By Product
6.3.1 Cart- based Ultrasound Scanners
6.3.2 Portable Ultrasound Scanners
7 Global Veterinary Ultrasound Market, By Technology
7.1 Y-o-Y Growth Comparison, By Technology
7.2 Global Veterinary Ultrasound Market Share Analysis, By Technology
7.3 Global Veterinary Ultrasound Market Size and Forecast, By Technology
7.3.1 Digital Imaging
7.3.2 Contrast Imaging
7.3.3 Analog Imaging
8 Global Veterinary Ultrasound Market, By Animal Type
8.1 Y-o-Y Growth Comparison, By Animal Type
8.2 Global Veterinary Ultrasound Market Share Analysis, By Animal Type
8.3 Global Veterinary Ultrasound Market Size and Forecast, By Animal Type
8.3.1 Large Animals
8.3.2 Small Companion Animals
8.3.3 Other
9 Global Veterinary Ultrasound Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Veterinary Ultrasound Market Share Analysis, By Application
9.3 Global Veterinary Ultrasound Market Size and Forecast, By Application
9.3.1 Obstetrics
9.3.2 Gynecology
9.3.3 Cardiology
9.3.4 Orthopedics
9.3.5 Other
10 Global Veterinary Ultrasound Market, By End-Use
10.1 Y-o-Y Growth Comparison, By End-Use
10.2 Global Veterinary Ultrasound Market Share Analysis, By End-Use
10.3 Global Veterinary Ultrasound Market Size and Forecast, By End-Use
10.3.1 Veterinary Clinics
10.3.2 Veterinary Hospitals & Academic Institutes
10.3.3 Other
11 Global Veterinary Ultrasound Market, By Region
11.1 Global Veterinary Ultrasound Market Share Analysis, By Region
11.2 Global Veterinary Ultrasound Market Share Analysis, By Region
11.3 Global Veterinary Ultrasound Market Size and Forecast, By Region
12 North America Veterinary Ultrasound Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 North America Veterinary Ultrasound Market Share Analysis, By Type
12.3 North America Veterinary Ultrasound Market Size and Forecast, By Product
12.4 North America Veterinary Ultrasound Market Size and Forecast, By Technology
12.5 North America Veterinary Ultrasound Market Size and Forecast, By Animal Type
12.6 North America Veterinary Ultrasound Market Size and Forecast, By Application
12.7 North America Veterinary Ultrasound Market Size and Forecast, By End-Use
12.8 North America Veterinary Ultrasound Market Size and Forecast, By Country
12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico
13 Europe Veterinary Ultrasound Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Europe Veterinary Ultrasound Market Share Analysis, By Type
13.3 Europe Veterinary Ultrasound Market Share Analysis, By Product
13.4 Europe Veterinary Ultrasound Market Size and Forecast, By Technology
13.5 Europe Veterinary Ultrasound Market Size and Forecast, By Animal Type
13.6 Europe Veterinary Ultrasound Market Size and Forecast, By Application
13.7 Europe Veterinary Ultrasound Market Size and Forecast, By End-Use
13.8 Europe Veterinary Ultrasound Market Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 UK
13.8.4 Rest of Europe
14 Asia Pacific Veterinary Ultrasound Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Asia Pacific Veterinary Ultrasound Market Share Analysis, By Type
14.3 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By Product
14.4 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By Technology
14.5 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By Animal Type
14.6 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By Application
14.7 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By End-Use
14.8 Asia Pacific Veterinary Ultrasound Market Size and Forecast, By Country
14.8.1 China
14.8.2 Japan
14.8.3 India
14.8.4 Rest of Asia Pacific
15 Latin America Veterinary Ultrasound Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Latin America Veterinary Ultrasound Market Share Analysis, By Type
15.3 Latin America Veterinary Ultrasound Market Size and Forecast, By Product
15.4 Latin America Veterinary Ultrasound Market Size and Forecast, By Technology
15.5 Latin America Veterinary Ultrasound Market Size and Forecast, By Animal Type
15.6 Latin America Veterinary Ultrasound Market Size and Forecast, By Application
15.7 Latin America Veterinary Ultrasound Market Size and Forecast, By End-Use
15.8 Latin America Veterinary Ultrasound Market Size and Forecast, Country
15.8.1 Brazil
15.8.2 Rest of Latin America
16 Middle East Veterinary Ultrasound Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Middle East Veterinary Ultrasound Market Share Analysis, By Type
16.3 Middle East Veterinary Ultrasound Market Size and Forecast, By Product
16.4 Middle East Veterinary Ultrasound Market Size and Forecast, By Technology
16.5 Middle East Veterinary Ultrasound Market Size and Forecast, By Animal Type
16.6 Middle East Veterinary Ultrasound Market Size and Forecast, By Application
16.7 Middle East Veterinary Ultrasound Market Size and Forecast, By End-Use
16.8 Middle East Veterinary Ultrasound Market Size and Forecast, By Country
16.8.1 Saudi Arabia
16.8.2 UAE
16.8.3 Egypt
16.8.4 Kuwait
16.8.5 South Africa
17 Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies
18 Company Profiles
8.1 GE Healthcare
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview
18.1.5 Key Market Developments
18.1.6 Key Strategies
18.2 Esaote SpA
18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview
18.2.5 Key Market Developments
18.2.6 Key Strategies
18.3 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview
18.3.5 Key Market Developments
18.3.6 Key Strategies
18.4 Siemens Healthineers
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview
18.4.5 Key Market Developments
18.4.6 Key Strategies
18.5 FUJIFILM Holdings Corporation
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview
18.5.5 Key Market Developments
18.5.6 Key Strategies
18.6 Heska Corporation
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview
18.6.5 Key Market Developments
18.6.6 Key Strategies
18.7 Samsung Electronics Co., Ltd.
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview
18.7.5 Key Market Developments
18.7.6 Key Strategies
18.8 Diagnostic Imaging Systems, Inc.
18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview
18.8.5 Key Market Developments
18.8.6 Key Strategies
18.9 IMV Imaging
18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview
18.9.5 Key Market Developments
18.9.6 Key Strategies
18.10 Sonoscape Medical Corporation
18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview
18.10.5 Key Market Developments
18.10.6 Key Strategies
