Market Research Future (MRFR)’s latest report reveals that the global veterinary ultrasound market is set to expand saliently striking a CAGR of 6.10% during the forecast period 2018 to 2023. The market is estimated to expand from USD 164.42 Mn in 2017 to USD 234.55 Mn by 2023-end. The accuracy standards set by Food & Drug Administration (FDA) and other similar bodies have opened avenues of innovations in the market. This, in turn, is forecasted to have a positive influence on the veterinary ultrasound market proliferation over the next couple of years. However, lack of knowledge and awareness about animal health remains an impediment to the market growth.
The inclination towards pet companionship coupled with increased spending on pet healthcare has paved the way for veterinary ultrasound market expansion. According to the Oasmia Pharmaceutical AB in the U.S., the number of pets (dogs) increased from 68 million in 2000 to 83.3 million in 2014. Increased awareness about animal health care and the availability of advanced medical facilities are the key factors driving the growth of the market.
The rising prevalence of zoonotic diseases, also known as zoonoses, is the key area of focus in the meat and dairy industry. According to the Center for Disease Control and Prevention, around 75% of infectious diseases affecting human beings originate from animals. It is projected to catapult the veterinary ultrasound market on an upward trajectory. Additionally, the developments made in the pet insurance industry is anticipated to boost the market for veterinary ultrasound.
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Global Market for Veterinary Ultrasound-Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the market based on imaging technology, therapeutic area, product type, type, and animal type. By imaging technology, the market has been segmented into digital imaging technology, analog imaging technology, and contrast imaging technology. The digital imaging technology segment was valued at USD 100.73 Mn in 2017.
By therapeutic area, the veterinary ultrasound market is segmented into cardiology, neurology, oncology, orthopedics and traumatology, and others. Among these, the orthopedics and traumatology segment held the most significant share of the market in 2017. It is likely to retain its prominence over the next couple of years. The growth is attributable to the increasing incidence of bone injuries and growing prevalence of arthritis, lameness disease, and others. The segment is estimated to reach a valuation of USD 104.11 Mn by the end of 2023.
By product type, the global veterinary ultrasound market has been segmented into devices and software. The devices segment is further sub-segmented into portable/compact ultrasound scanners and cart-based ultrasound scanners.
By type, the market is segmented into 2D ultrasound imaging, 3D ultrasound, Doppler imaging, and others. Among these, the 2D ultrasound imaging segment presently accounts for the largest share of the market. The segment is expected to gain traction in the market owing to its applications in diagnosing heart defects, issues with kidneys, and other potential internal issues.
By animal type, the market has been segmented into small companion animals, large animals, and others. The small companion animals segment currently holds the largest share of the veterinary ultrasound market which accounts for 64.8% share. It is likely to exhibit positive growth over the forecast period owing to factors such as rising trend of pet ownership, increasing adoption rate of companion animals particularly dogs and cats, and the development of breeds needing high care.
Regional Outlook:
By region, the global veterinary ultrasound market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas accounts for the most substantial share of the market currently and is estimated to register a CAGR of 5.89% during the forecast period. The segment is projected to reach a valuation of USD 87.2 Mn by the end of the assessment period. The growth of the regional market can be ascribed to the increasing adoption of pets, rising technically-advanced devices, growing demand for preventive treatments and care facilities for companion animals, and rising awareness regarding animal health and animal welfare.
Europe presently holds the second spot in the global veterinary market and is expected to account for a healthy share of the market over the next few years. The availability of advanced pet healthcare facilities coupled with the accelerating rate of pet adoption has fueled demand in the market. The trend is anticipated to perpetuate through the projection period. Meanwhile, Asia Pacific is projected to strike a relatively higher CAGR owing to factors such as increasing pet adoptions and increasing animal welfare programs.
Global Market for Veterinary Ultrasound-Competitive Dashboard:
Some of the key players profiled by MRFR are Hitachi, Ltd, Chison, Xuzhou Kaixin Electronic Instrument Co., Ltd, GE Healthcare, Fujifilm SonoSite Inc., Samsung Medison Co. Ltd, Esaote, Mindray, Kaixin Electric, BCF Technology, and SonoScape
Table of Content
1 Report Prologue
2 Introduction
2.1 Definition 19
2.2 Scope Of The Study 19
2.3 Research Objective 19
2.4 Assumptions & Limitations 19
2.4.1 Assumptions 19
2.4.2 Limitations 19
2.4.3 Market Structure 20
3 Research Methodology
3.1 Primary Research Methodology 22
3.2 Secondary Research Methodology 24
3.3 Market Size Estimation 25
3.4 Forecast Model 25
4 Market Dynamics
4.1 Introduction 27
4.2 Drivers 28
4.2.1 Rising Zoonotic Diseases 28
4.2.2 Increasing Pet Insurance 28
4.2.3 Increased Spending On Animal Health 28
4.3 Restraints 29
4.3.1 Lack Of Awareness Regarding Animal Health 29
4.3.2 Rising Cost Of Pet Care 29
4.4 Opportunity 29
4.4.1 Innovations In Veterinary Ultrasound Instruments 29
5 Market Factor Analysis
5.1 Value Chain Analysis 31
5.1.1 R&D And Designing 31
5.1.2 Manufacturing 31
5.1.3 Packaging & Assembly 31
5.1.4 Distribution & Sales 32
5.1.5 Post-Sales Review 32
5.2 Porter’s Five Forces Model 33
5.2.1 Bargaining Power Of Suppliers 33
5.2.2 Bargaining Power Of Buyers 33
5.2.3 Threat Of New Entrants 33
5.2.4 Threat Of Substitutes 34
5.2.5 Intensity Of Rivalry 34
5.3 Demand & Supply: Gap Analysis 34
5.4 Investment Opportunities Analysis 34
5.5 Pricing Analysis 34
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This report studies the Veterinary Orthopedic Drills Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers.
Find the complete Veterinary Orthopedic Drills Market analysis segmented by companies, region, type and applications in the report.The report offers valuable insight into the Veterinary Orthopedic Drills market progress and approaches related to the Veterinary Orthopedic Drills market with an analysis of each region.
Surgical Resources,Surgical Holdings.Get a Free Sample: https://www.reportsandmarkets.com/sample-request/global-veterinary-orthopedic-drills-market-3941928?utm_source=techsite_medium=14The global Veterinary Orthopedic Drills market segmented by company, region (country), by Type, and by Application.
The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2021-2027.Market Segment by Regions, regional analysis coversNorth America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia etc.
)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Research objectives:To study and analyze the global Veterinary Orthopedic Drills market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.To understand the structure of Veterinary Orthopedic Drills market by identifying its various sub segments.Focuses on the key global Veterinary Orthopedic Drills players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Veterinary Orthopedic Drills with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the size of Veterinary Orthopedic Drills submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.To strategically profile the key players and comprehensively analyze their growth strategies.The report lists the major players in the regions and their respective market share on the basis of global revenue.
This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.Table of Contents: Veterinary Orthopedic Drills MarketPart 1: Overview of Veterinary Orthopedic Drills MarketPart Civil Aircraft Nitrogen Service Carts: Global Market Status and Forecast by RegionsPart 3: Global Market Status and Forecast by TypesPart 4: Global Market Status and Forecast by Downstream IndustryPart 5: Market Driving Factor AnalysisPart 6: Market Competition Status by Major ManufacturersPart 7: Major Manufacturers Introduction and Market DataPart 8: Upstream and Downstream Market AnalysisPart 9: Cost and Gross Margin AnalysisPart 10: Marketing Status AnalysisPart 11: Market Report ConclusionPart Veterinary Orthopedic Drills: Research Methodology and ReferenceKey questions answered in this report What will the market size be in 2027 and what will the growth rate be?What are the key market trends?What is driving this market?What are the challenges to market growth?Who are the key vendors in this market space?What are the market opportunities and threats faced by the key vendors?What are the strengths and weaknesses of the key vendors?Get complete Report : https://www.reportsandmarkets.com/sample-request/global-veterinary-orthopedic-drills-market-3941928?utm_source=techsite_medium=14About Us:Reports and Markets is not just another company in this domain but is a part of a veteran group called Algoro Research Consultants Pvt.
Global Veterinary Pain Management Market: Information By Product (Medication (Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Opioids, Local Anesthetics, A2-Adrenergic Agonists, Muscle Relaxants, Sedatives), Route of Administration (Oral, Parental, Topical), Devices (Laser Therapy Devices, Electromagnetic Therapy Devices)), Application (Joint Pain (Osteoarthritis, Musculoskeletal Disorders), Postoperative Pain, Cancer, Others) End User (Hospitals & Clinics, Ambulatory Surgery Centers and Others), Distribution Channel (Hospitals and Clinics, Pharmacies, others) - Forecast till 2027OverviewThe global veterinary pain management market will grow at a CAGR of 6.46% during the forecast period 2020 to 2027.
As per veterinary pain management market analysts, the global market is anticipated to witness growth owing to the factors such as the growing animal welfare funding as well as the rise in pet insurance.
However, this market will face challenges and restraints due to lack of information and unfavorable policies during the forecast period 2020 to 2027.As per veterinary pain management market analysts, the veterinary pain management market-based companies will face certain challenges during the forecast period 2020 to 2027.
The veterinary pain management market research report provides in-depth analysis of the animal type, application, distribution channel, and product segments.
The veterinary pain management industry research report presents factors such as complex reimbursement that could slow down the veterinary pain management market's growth.Market SegmentationThe market for veterinary pain management has been segmented into animal type, application, distribution channel, and product.
The global market for veterinary pain management is further segmented based on application into joint pain (osteoarthritis, musculoskeletal disorders), postoperative pain, cancer, others.
