Veterinary images are used to obtain medical images of animal bodies to diagnose chronic diseases. It is a non-invasive method that has evolved using imaging instruments of human medicine. The animals considered for pictures are small pets, large animals and zoo animals, among others.
Asia Pacific Veterinary imaging Market Size
According to a latest market research report, the Asia Pacific Veterinary imaging Market was estimated at US $ 329.8 million in 2018 and is expected to reach US $ 644.4 million by 2025, growing at a compound annual rate of 10.26% over the forecast period 2018-2025.
Growth Drivers, Challenges and Opportunities - Asia Pacific Veterinary imaging Market
The Asia Pacific market is expected to grow during the forecast period due to the growing awareness of health in pets. The veterinary imaging market accelerates with the growing demand for diagnostic tools to treat small pets, such as cats and cats. These image devices distinguish between rhinitis and neoplasm to diagnose the nose and soreness and guide the results of biopsy tests. The instrument is also more sensitive to the detection of cranial fractures and cerebral hemorrhage. The increase in farm animal populations, the increased demand for meat and dairy products, the knowledge of better treatment options among pet owners and the adoption of a pet are some of the factors that can stimulate market growth over the forecast period. It is expected that the increase in technological progress will boost market growth in this region during the forecast period.
With veterinary imaging equipment, you can save on diagnostic costs by eliminating movies, dark rooms, movie covers and photo processing equipment. The market is also growing as the concept of pet insurance services grows in developing countries. These developments include efficient information management systems for owners and cloud-based mobile technologies. It is also expected that market growth will accelerate, as demand for effective solutions to improve livestock productivity increases.
However, the imaging equipment is not as sensitive as the magnetic resonance for the detection of tumors, inflammation and vascular disease. In addition, the use of veterinary imaging equipment comes with a high initial cost that prevents the development of the market. This instrument is only available for users with computer skills and for computer support staff. It is expected that continued technological innovation in veterinary imaging stimulates future market opportunities. It is expected that magnetic resonance technology is associated to the veterinary image to provide a more accurate diagnosis for small pets. Technologies such as the technology of the detection of laparoscopy and microfractures for future applications in the veterinary imaging market are also being tested.
Geographical Insights of Asia Pacific Veterinary imaging Market
The regional market in Asia Pacific is expected to grow profitably as a result of increased health spending and the increased interest of major players in investing in this market. The growing interest of companies to expand their presence in this region and the growing demand for veterinary products is expected to spur growth.
In addition, increased R & D, increased health expenditures in the veterinary field and the availability of low-cost animal health products are expected to stimulate growth. In addition, governmental and non-governmental organizations are taking initiatives to combat zoonotic epidemics. The Asia Pacific Strategy for Emerging Diseases (APSED) has been established to develop strategies for the control and prevention of zoonotic diseases, which should promote their adoption.
Few of the leading companies dominating the Market profiled in the report are:
- IDEXX Laboratories Inc.
- GE Healthcare
- His Carestream Health
- FUJIFILM Holdings America Corporation
- Esaote
- SpA
- VetZ Limited
- Hallmark Veterinary Imaging Ltd
- SUNI Medical Imaging Inc
- Universal Medical Systems, Inc.
This research report includes following segmentation for the Asia Pacific Veterinary imaging Market size and forecast
Asia Pacific Veterinary imaging Market - By Equipment Sector
- Ultrasonic Imaging System
- An X-Ray System
- Computerized Tomography System
- Magnetic Resonance Imaging System
- Video Endoscope Image System
- Other Computer Systems
Asia Pacific Veterinary imaging Market - By Reagent Market
- Magnetic Resonances
- X-Ray
- TC Contrast Agents
- Ultrasonic Contrast Agents
Asia Pacific Veterinary imaging Market - By Applications
- Cardiology
- Orthopedics
- Traumatology
- Oncology
- Other Therapeutic Areas
Asia Pacific Veterinary imaging Market - By Type of Animal
- Large Animals
- Small Pets
- Other Animals
Asia Pacific Veterinary imaging Market - By End User
- Clinics
- Veterinary Hospitals
Asia Pacific Veterinary imaging Market – By Region
- China
- India
- Japan
- South Korea
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