Animal/ Veterinary Ultrasound Market size was valued at USD 312.45 Mn. in 2021 and the total Animal/ Veterinary Ultrasound revenue is expected to grow at a CAGR of 7.2% from 2022 to 2029, reaching nearly USD 544.93 Mn.
Animal/ Veterinary Ultrasound Market Overview:
The Animal/ Veterinary Ultrasound market research report looks into and analyses the market’s position during the predicted period. It is an in-depth study that focuses on fundamental and secondary drivers, market dominance, key segments, and geographic analysis. The research also looks at notable individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and corporate strategy.
Market Scope:
We examined the Animal/ Veterinary Ultrasound Market from every angle conceivable, including both primary and secondary research methodologies. This helped us better grasp current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and consumer behaviour. The information is then gathered and evaluated using a variety of market estimations and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.
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Segmentation:
Based on the Animal Type, the Small Companion Aminals segments held the largest market share of 62% and dominated the Animal/ Veterinary Ultrasound market in 2021. The segment is further expected to grow at the highest CAGR and maintain its dominance at the end of the forecast period. Rabbits, cats, dogs, birds, chickens, ducks, and guinea pigs are among the animals included in the small animals sub-segment. Each year, the population of these animals grows significantly, as well as the infections associated with them. Additionally, according to the European Pet Food Industry Association’s (FEDIAF) annual report for 2020, dogs and cats are the most popular pets in Europe. However, it is expected that 85 million European families have at least one pet animal. As a result, the increasing number of small animals is expected to drive segment growth throughout the forecast period.
Key Players:
• GE Healthcare (US)
• Esaote SpA (Italy)
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
• Siemens Healthineers (Germany)
• FUJIFILM Holdings Corporation (Japan)
• Heska Corporation (US)
• Samsung Electronics Co., Ltd. (South Korea)
• Diagnostic Imaging Systems, Inc. (US)
• IMV Imaging (UK)
• Shenzhen Ricso Technology Co., Ltd. (China)
• DRAMIŃSKI S.A. (Poland)
• Shantou Institute of Ultrasonic Instruments (SIUI) (China)
• Clarius Mobile Health (Canada)
• SonoScape Medical Corp. (China)
• E.I. Medical Imaging(US)
Primary and secondary research are used to identify market leaders, as well as primary and secondary research to assess market revenue. As part of the core study, in-depth interviews with major thought leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals were done. In-depth interviews with notable thought leaders and industry specialists, such as experienced front-line personnel, CEOs, and marketing professionals, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilised to compute percentage splits, market shares, growth rates, and global market breakdowns that are then compared to historical data. The following players are featured in this report:
Regional Analysis:
The research examines the local industry in-depth, utilizing both qualitative and quantitative data. It provides an overview and prediction of the global Animal/ Veterinary Ultrasound market segment by segment. It also provides market size and forecast projections for five key regions from 2021 to 2027, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The Animal/ Veterinary Ultrasound market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.
COVID-19 Impact Analysis on Animal/ Veterinary Ultrasound Market:
We thoroughly researched and analyzed the Global Animal/ Veterinary Ultrasound Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global Animal/ Veterinary Ultrasound industry’s potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The study’s main goal is to provide industrial enterprises with a strategic analysis of COVID-19’s impact. This analysis looked at the marketplaces of key countries at the same time and emphasized their market potential.
Key Questions Answered in the Animal/ Veterinary Ultrasound Market Report are:
- What are the most promising high-growth opportunities in the global Animal/ Veterinary Ultrasound sector, as defined by product category, End User, and Region?
- Which Animal/ Veterinary Ultrasound market segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Animal/ Veterinary Ultrasound market dynamics? What are the primary drivers and obstacles in the Animal/ Veterinary Ultrasound market?
- What are the Animal/ Veterinary Ultrasound market’s business risks and dangers?
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