Ultrasounds are the sound waves that exist more than the range of the sound audible to humans. These sounds are produced through the electrical stimulation of piezoelectric crystals that are enclosed in the transducer and are targeted at certain patent’s body area. These waves are made to travel through the body and are also returned back to the transducer at the particular point where that is significant change in the density. The transducer is linked to the ultrasonic machine that decides the level of intensity of the echoes and also maps or locates the place of static form displayed on the screen. The fluid is traced as black and different types of tissues are mapped as different grey color shades.
Veterinary Ultrasound Market is estimated to be valued at over US$333 million by 2020. The market is anticipated to grow at a CAGR of 5.5% from 2020 to 2030.
Growing companion animal population, rising demand for pet insurance and increasing pet care expenditure are some of the key factors driving the market. However, stringent government regulation is likely to restrain market growth to a certain extent.
Major Key Players of the Veterinary Ultrasound Market are:
SOUND, Heska Corporation, GENERAL ELECTRIC COMPANY, Siemens Healthcare Limited, SAMSUNGHEALTHCARE.COM, FUJIFILM Corporation, ESAOTE SPA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Diagnostic Imaging Systems and DRAMI?SKI S. A., among others.
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To fortify their presence in the market, prominent players are increasingly collaborating with several institutes, research centers, and companies. For instance, in December 2019, Kindred Biosciences, Inc. and Butterfly Network announced an affiliate relationship to make Butterfly’s veterinary ultrasound tool, the iQ Vet, available to veterinarians in the United States.
The Veterinary Ultrasound Market is segmented on the basis of Type, Technology, Product, End-Users and region.
Major Types of Veterinary Ultrasound Market covered are:
- 2D Ultrasound
- 3D/4D Ultrasound
- Doppler Ultrasound
Major Technology of Veterinary Ultrasound Market covered are:
- Digital Imaging
- Contrast Imaging
Major Product of Veterinary Ultrasound Market covered are:
- Hand-held [Portable] Ultrasound Scanner
- Cart-based Ultrasound Scanner
Major End-Users of Veterinary Ultrasound Market covered are:
- Veterinary Clinics
- Veterinary Hospitals
Growing companion animal ownership has increased the demand for highly accurate and effective diagnostic solutions, which in turn is expected to propel the veterinary ultrasound market. In 2019-2020, according to American Pet Products Association (APPA), around 67% of U.S. households owned a pet, which equates to 84.9 million homes. This number is anticipated to grow further in the coming years. Due to expected rise in companion animal population, the veterinary ultrasound market is also expected to rise concomitantly.
Research objectives:-
– To study and analyze the global Veterinary Ultrasound consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Veterinary Ultrasound market by identifying its various sub-segments.
– Focuses on the key global Veterinary Ultrasound manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Veterinary Ultrasound 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).
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecast Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Technological Advancements
- Application Horizon Assessment
- GLOBAL VETERINARY ULTRASOUND MARKET – ANALYSIS & FORECAST, BY TYPE
- 2D Ultrasound
- 3D/4D Ultrasound
- Doppler Ultrasound
- GLOBAL VETERINARY ULTRASOUND MARKET – ANALYSIS & FORECAST, BY TECHNOLOGY
- Digital Imaging
- Contrast Imaging
- GLOBAL VETERINARY ULTRASOUND MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Hand-held [Portable] Ultrasound Scanner
- Cart-based Ultrasound Scanner
- GLOBAL VETERINARY ULTRASOUND MARKET – ANALYSIS & FORECAST, BY END USER
- Veterinary Clinics
- Veterinary Hospitals
- Others
- GLOBAL VETERINARY ULTRASOUND MARKET – ANALYSIS & FORECAST, BY REGION
- North America Veterinary Ultrasound Market
- Europe Veterinary Ultrasound Market
- Asia Pacific Veterinary Ultrasound Market
- Rest of the World (ROW) Veterinary Ultrasound Market
- COMPANY PROFILES (Business Overview, Products Offered, Financial Performance, Recent Developments)*
- SOUND
- Heska Corporation
- GENERAL ELECTRIC COMPANY
- Siemens Healthcare Limited
- SAMSUNGHEALTHCARE.COM
- FUJIFILM Corporation
- ESAOTE SPA
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Diagnostic Imaging Systems
- DRAMI?SKI S. A. *Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
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In the end, Veterinary Ultrasound industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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