American Veterinary Imaging Market Research Report, By Product, Type of Animal, Therapeutic Area and Country – Market Share, Trend Analysis and Forecast up to 2023

Report Code: 1095
Publish Date: April 2017

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Product Description

The American veterinary imaging market is mainly segmented on the basis of product type, therapeutic area, type of animals and by country. On the basis of product type, the market is further segmented into veterinary imaging instruments, veterinary PACS (picture archiving and communication system), veterinary imaging services and veterinary imaging reagents. The major therapeutic areas in which veterinary imaging is used is in cardiology, cancer/ oncology, orthopedics & traumatology, neurology, and other therapeutic applications. The American market for veterinary imaging is studied for the U.S., Canada, Brazil, Mexico and rest of the countries in Americas.

The American veterinary imaging market is driven by increasing disposable income at the hands of people, and growing animal care trend is spurring the demand for veterinary services in the region. This in turn is increasing the market for veterinary imaging for better diagnosis of animal diseases. According to the American Pet Product Manufacturers Association 2007-2008 National Pet Owners Survey, 63% of American households have a pet. Americans spend over USD 40 billion a year on their pets, with veterinary care being one of the largest expenditures. The quality of veterinary care has greatly increased in the past 10 years and diagnostic imaging has become an integral part of veterinary practices.

In North America, the U.S. dominated the veterinary imaging market with the largest market share of in 2016. The market dominance is mainly due to well established animal healthcare industry in U.S. with the presence of leading market players. Also, the increasing animal care and occurrence of chronic diseases in small animals is demanding more veterinary imaging devices to conduct multiple tests for accurate diagnosis. In Latin America, Brazil dominated the market with the highest market share in 2016 due to increasing healthcare infrastructure and demand for better healthcare facilities.

The major players operating in American market are GE Healthcare, AGFA-Gevaert N.V., Mindray Medical International Ltd., Carestream Health, Inc., Esaote Spa , Idexx Laboratories, Inc., VCA Antech, Inc., Diagnostic Imaging Systems, Inc., Hallmarq Veterinary Imaging Ltd., Toshiba Corporation, and Minxray Inc. (U.S.).

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Axiom MRC’s Qual-Quant data modeling tool is an in-house developed tool, which is based on the fundamentals of Top Down and Bottom Up approaches. The data model compares dermatology devices and medicines etc. markets to estimate and validate the qualitative and quantitative findings across various countries of North America, Europe, Asia Pacific and Middle East Africa. It also allows to analyze the market value chain in comparison with main market i.e. global veterinary diagnostics and treatment devices market to arrive at holistic and factual findings of the markets. Extensive Primary research is conducted to bring insights into the key industry trends, new technologies, and future outlook of veterinary imaging market. All our secondary findings are verified and validated by the industry experts and subject matter experts which typically include :-  CEOs/CMOs of the key veterinary imaging companies  Key Opinion Leaders such as Research Experts, Consultants, Knowledge Professionals and others  Managers and top executives of key players  Healthcare Practitioner  Commercial laboratories and hospitals