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Veterinary Ultrasound Market to Record a 4.29% Y-O-Y Growth Rate in 2022| Driven by Increasing Popularity of Minimally Invasive Procedures | Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jun 09, 2022, 05:40 ET

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NEW YORK, June 9, 2022 /PRNewswire/ -- The veterinary ultrasound market size is set to grow by USD 108.88 million from 2021 to 2026, progressing at a CAGR of 5.44% according to the latest market report by Technavio. The veterinary ultrasound market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market. BCF Ultrasound Australasia Pty Ltd., Canon Inc., Carestream Health Inc., Chison Medical Technologies Co. Ltd., DRAMINSKI SA, E I Medical Imaging, EDAN Instruments Inc., Esaote Spa, FUZIFILM Sonosite Inc., Siemens Healthcare GmbH, SonoScape Medical Corp., and Xuzhou Kaixin Electronic Equipment Co. Ltd. are some of the major market participants.

Technavio has announced its latest market research report titled Veterinary Ultrasound Market by Type and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Veterinary Ultrasound Market by Type and Geography - Forecast and Analysis 2022-2026
  • BCF Ultrasound Australasia Pty Ltd. - The company offers VETUS E7 veterinary ultrasound machine which gives best in class image quality with an intuitive user experience to help ensure reliable and efficient diagnosis treatment during the most challenging exams.
  • To know about all major vendor offerings - Download a sample now!

Veterinary Ultrasound Market 2022-2026: Scope

 Our veterinary ultrasound market report covers the following areas:

  • Veterinary Ultrasound Market size
  • Veterinary Ultrasound Market trends
  • Veterinary Ultrasound Market industry analysis

Veterinary Ultrasound Market 2022-2026: Market Dynamics

Drivers: The key factor driving the global veterinary ultrasound market growth is the increasing popularity of minimally invasive procedures. The increasing number of surgical procedures, such as ureteral surgery (including urethroplasty), will facilitate market growth. The advent of minimally invasive surgeries in urology is expected to create a demand for ultrasounds for organ scanning. Technological advances have augmented the use of minimally invasive surgeries among surgeons. Laparoscopy has shortened the hospital stay and recovery time and reduced the overall pain in animals.

Trends: Rising awareness about disease prevention and pet insurance is one of the key veterinary ultrasound market trends that is expected to impact the industry positively in the forecast period. Preventive healthcare includes the periodic examination of companion animals to determine vaccinations, nutrition, and other risk factor assessments. The increase in awareness is contributing to the early diagnosis of diseases, which helps to enhance clinical outcomes. Pet owners are also opting for healthcare insurance for their pets.

Challenges: The key challenge to the global veterinary ultrasound market growth is the shortage of trained professionals such as pathologists and clinicians who can perform screening and tests. The responsibilities of pathologists and clinicians include understanding the underlying mechanisms of diseases to treat animals according to their medical condition. The professionals are required to carry out a range of routine and advanced tests in laboratory-based microbiology/virology safely and competently using SOPs.

To know more about other drivers, challenges & trends - Download a sample now!

Veterinary Ultrasound Market 2022-2026: Segmentation Analysis

  • Type
    • 2 Dimension
    • 3 Dimension
    • Doppler
  • Geography
    • North America
    • Europe
    • Asia
    • Rest Of World (ROW)

To know about the market contribution of each segment - Download a sample now!

The competitive scenario provided in the Veterinary Ultrasound Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Veterinary Ultrasound Market Forecast Report -  Buy Now!

Veterinary Ultrasound Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist veterinary ultrasound market growth during the next five years
  • Estimation of the veterinary ultrasound market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the veterinary ultrasound market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of veterinary ultrasound market vendors

Related Reports:

  • The predicted growth of the orthopedic implants market share from 2021 to 2026 is USD 15.45 billion at a progressing CAGR of 7.73%. Download a sample now!
  • The microarray biochips market share is expected to rise to USD 14.75 billion by 2026 at a progressing CAGR of 19.95%. Download a sample now!

Veterinary Ultrasound Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.44%

Market growth 2022-2026

USD 108.88 million

Market structure

Fragmented

YoY growth (%)

4.29

Performing market contribution

North America at 37%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BCF Ultrasound Australasia Pty Ltd., Canon Inc., Carestream Health Inc., Chison Medical Technologies Co. Ltd., DRAMINSKI SA, E I Medical Imaging, EDAN Instruments Inc., Esaote Spa, FUZIFILM Sonosite Inc., Hallmarq Veterinary Imaging Ltd., Heska Corp., IDEXX Laboratories Inc., IMV Imaging, Leltek Inc., Mars Inc., Shantou Institute of Ultrasonic Instruments Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthcare GmbH, SonoScape Medical Corp., and Xuzhou Kaixin Electronic Equipment Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 2 dimension - Market size and forecast 2021-2026
    • Exhibit 28: Chart on 2 dimension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on 2 dimension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on 2 dimension - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on 2 dimension - Year-over-year growth 2021-2026 (%)
  • 5.4 3 dimension - Market size and forecast 2021-2026
    • Exhibit 32: Chart on 3 dimension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on 3 dimension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on 3 dimension - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on 3 dimension - Year-over-year growth 2021-2026 (%)
  • 5.5 doppler - Market size and forecast 2021-2026
    • Exhibit 36: Chart on doppler - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on doppler - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on doppler - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on doppler - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Type
    • Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 Asia - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
  • 7.7 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.8 UK - Market size and forecast 2021-2026
    • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.9 Republic of Korea - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Republic of Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Republic of Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Republic of Korea - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Republic of Korea - Year-over-year growth 2021-2026 (%)
  • 7.10 Canada - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.11 Singapore - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Singapore - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Singapore - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Singapore - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Singapore - Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 BCF Ultrasound Australasia Pty Ltd.
    • Exhibit 89: BCF Ultrasound Australasia Pty Ltd. - Overview
    • Exhibit 90: BCF Ultrasound Australasia Pty Ltd. - Product / Service
    • Exhibit 91: BCF Ultrasound Australasia Pty Ltd. - Key offerings
  • 10.4 Carestream Health Inc.
    • Exhibit 92: Carestream Health Inc. - Overview
    • Exhibit 93: Carestream Health Inc. - Product / Service
    • Exhibit 94: Carestream Health Inc. - Key offerings
  • 10.5 Esaote Spa
    • Exhibit 95: Esaote Spa - Overview
    • Exhibit 96: Esaote Spa - Product / Service
    • Exhibit 97: Esaote Spa - Key news
    • Exhibit 98: Esaote Spa - Key offerings
  • 10.6 FUZIFILM Sonosite Inc.
    • Exhibit 99: FUZIFILM Sonosite Inc. - Overview
    • Exhibit 100: FUZIFILM Sonosite Inc. - Product / Service
    • Exhibit 101: FUZIFILM Sonosite Inc. - Key offerings
  • 10.7 Hallmarq Veterinary Imaging Ltd.
    • Exhibit 102: Hallmarq Veterinary Imaging Ltd. - Overview
    • Exhibit 103: Hallmarq Veterinary Imaging Ltd. - Product / Service
    • Exhibit 104: Hallmarq Veterinary Imaging Ltd. - Key news
    • Exhibit 105: Hallmarq Veterinary Imaging Ltd. - Key offerings
  • 10.8 Heska Corp.
    • Exhibit 106: Heska Corp. - Overview
    • Exhibit 107: Heska Corp. - Business segments
    • Exhibit 108: Heska Corp. - Key news
    • Exhibit 109: Heska Corp. - Key offerings
    • Exhibit 110: Heska Corp. - Segment focus
  • 10.9 IDEXX Laboratories Inc.
    • Exhibit 111: IDEXX Laboratories Inc. - Overview
    • Exhibit 112: IDEXX Laboratories Inc. - Business segments
    • Exhibit 113: IDEXX Laboratories Inc. - Key news
    • Exhibit 114: IDEXX Laboratories Inc. - Key offerings
    • Exhibit 115: IDEXX Laboratories Inc. - Segment focus
  • 10.10 Mars Inc.
    • Exhibit 116: Mars Inc. - Overview
    • Exhibit 117: Mars Inc. - Product / Service
    • Exhibit 118: Mars Inc. - Key offerings
  • 10.11 Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
    • Exhibit 119: Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - Overview
    • Exhibit 120: Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - Product / Service
    • Exhibit 121: Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - Key offerings
  • 10.12 Siemens Healthcare GmbH
    • Exhibit 122: Siemens Healthcare GmbH - Overview
    • Exhibit 123: Siemens Healthcare GmbH - Business segments
    • Exhibit 124: Siemens Healthcare GmbH - Key news
    • Exhibit 125: Siemens Healthcare GmbH - Key offerings
    • Exhibit 126: Siemens Healthcare GmbH - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 127: Inclusions checklist
    • Exhibit 128: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 129: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 130: Research methodology
    • Exhibit 131: Validation techniques employed for market sizing
    • Exhibit 132: Information sources
  • 11.5 List of abbreviations
    • Exhibit 133: List of abbreviations

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SOURCE Technavio

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