DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Veterinary Imaging Market by Product, Therapeutic Area, Animal, and End User - Global Forecast to 2022" report to their offering.
The global veterinary imaging market is estimated to grow at a CAGR of 6.8% from 2017 to 2022, to reach USD 1.94 billion by 2022 from USD 1.40 billion in 2017.
The growth of the veterinary imaging market during the forecast period is mainly driven by the increase in animal healthcare spending and growing pet insurance purchase, the growing companion animals market, increase in the number of veterinary practitioners and their income levels in developed regions, and launch of advanced products.
Emerging markets such as China and India and growing companion animal ownership in the APAC region are expected to offer significant growth opportunities for players in the veterinary imaging market. On the other hand, lack of animal healthcare awareness and shortage of skilled veterinarians are the major challenges for this market.
North America represented the largest veterinary imaging market in 2016, followed by Europe and Asia-Pacific. The Asia-Pacific market is expected to register the highest CAGR during the forecast period. This can mainly be attributed to factors such as rising pet ownership and increasing animal health expenditure, growing demand for pet insurance, increasing awareness on animal healthcare, growing number of veterinary hospitals and clinics, and rising per capita income in APAC countries.
- Agfa-Gevaert N.V.
- BCF Technology, Ltd.
- Canon Inc. (Toshiba Medical Systems Corporation)
- Esaote SpA
- Excelsior Union Limited (Mindray Medical International Limited)
- Fujifilm Holdings Corporation
- GE Healthcare (A Division of General Electric Company)
- Hitachi, Ltd.
- Idexx Laboratories, Inc.
- Onex Corporation (Carestream Health, Inc.)
- Siemens AG
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Veterinary Imaging Market, By Product
8 Veterinary Imaging Market, By Animal Type
9 Veterinary Imaging Market, By Therapeutic Area
10 Global Veterinary Imaging Market, By End User
11 Global Veterinary Imaging Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/pbxt6z/veterinary