Veterinary Imaging Market- Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028
Veterinary Imaging Market |
When diagnosing various diseases
or problems in companion animals including cats, dogs, horses, birds, rabbits,
and goats as well as livestock animals like cattle and pigs, veterinarians
frequently use non-invasive imaging devices. These animals are typically
diagnosed using a variety of imaging techniques, including radiography, CT
scanning, magnetic resonance imaging, and ultra sound imaging systems. These
systems are frequently combined to provide a more accurate diagnosis of a
condition. The radiography system reveals significant body structures and is
used to find dental problems, skeletal fractures, soft tissue damage, and the presence
of foreign bodies inside the animal.
With the use of various
techniques like the 2D/3D/4D system, ultrasound imaging can be carried out to
identify anomalies in the organs (soft tissues) of the circulatory, cardiac,
hepatic, and gastrointestinal systems. Although they cannot be used to scan
gas-filled or bony tissues, they are most frequently utilised to detect
abnormalities in the heart and abdomen. Computed tomography scans, which
provide images that are clearer than radiography and are used to find
fractures, abscesses, cancers, and abnormalities in blood vessels, are another
crucial method. In cases of spinal cord and brain injuries, magnetic resonance
imaging is frequently employed. It is also used to look for the presence of
foreign bodies.
Due to the high cost of imaging
systems, the Veterinary
Imaging Market is anticipated to rise as insurance coverage for
domestic and farmed animals increases. The North American Pet Health Insurance
Association (NAPHIA) claims that the pet health insurance industry earned
premiums of US$ 774 million in 2015, a 17.2% increase over the figure from the
previous year. 1.6 million pets were insured in 2015, a 12.0% increase from the
figure for 2014. The rise in pet ownership across the board among households is
another element boosting the veterinary imaging market's growth.
Approximately 6 million new
cancer diagnoses in dogs and a comparable number in cats are made each year,
according to data provided by the Cancer Research Institute. The veterinary
imaging industry is anticipated to develop as the world's livestock population
rises. For instance, the Food and Agricultural Organization estimates that
there are over one billion pigs in the world as of 2017. The Veterinary Imaging Market is
anticipated to rise as a result of the large number of veterinarians in
industrialised nations like North America.
Top Manufacturers are- GE Healthcare, Universal Medical Systems, Inc,
Agfa- Gevaert N.V., Excelsior Union Limited, Carestream Health, Onex
Corporation, Esaote S.p.A, Canon Inc., IDEXX Laboratories, Inc., VCA Inc.,
Hitachi, Ltd, BCF Technology, Ltd. Siemens AG, Diagnostic Imaging Systems,
Inc., Hallmarq Veterinary Imaging Ltd., MinXray
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