Veterinary CT scanners are imaging equipment that is used for
diagnosing various anomalies in animal health. With the help of these CT
scanners, veterinary practitioners are able to improve animal care with
enhanced safety and affordability. As a result, veterinary CT scanners
witness a considerable amount of uptake and demand in the market.
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Veterinary healthcare is increasingly gaining prominence due to the
increasing awareness of animal healthcare. People are increasingly
becoming sensitive towards animal physiology, psychology, and overall
health. The increased sensitivity is just not limited to their pets or
domestic animals but, it has widened towards wild, reptiles, and
venomous animals too. Resultantly, the Veterinary CT Scanner market is growing pervasively.
Considering the rapid expansions, the market perceives currently and
the potential this market holds to grow further, Market Research Future
(MRFR) in its recently published study report, asserts that the global
veterinary CT scanner market will garner exponential accruals with
approximately 6.2% CAGR during the review period (2019– 2025).
There has been a significant expansion in the market for veterinary
medical devices and surgical instruments. The pet care sector has been
encouraging market growth, enabled by the rise of the veterinary
population, environmental changes, and increasing consumption of animal
protein by humans.
Moreover, the continual surge in the prevalence of veterinary
diseases along with expensive treatment procedures is boosting the
veterinary CT scanner market. Additional factors contributing to the
upsurge of the market include the increasing pet adoption, the growing
companion animal population, and the increasing number of veterinary
practitioners.
On the other hand, the high cost of these CT scanners is expected to
impede the market to a certain extent during the forecast period.
Nevertheless. The increasing improvement in pet insurance policies and
rising animal health expenditure is expected to support market growth.
Global Veterinary CT Scanner Market – Segmentation
MRFR has segmented its analysis into six key dynamics for enhanced understanding.
By Type: Multi-Slice CT Scanners and Portable CT Scanners.
By Device Architecture: C-arm CT scanners and O-arm CT scanners.
By Animal: Small Companion Animals, Equine and Livestock, among others.
By Application: Neurology, Oncology, Orthopedics
& Traumatology, Cardiology, Nephrology, Dentistry, Gastroenterology,
and Respiratory, among others.
By End-user: Veterinary Hospitals, Veterinary Clinics, University Teaching Hospitals, and Academic Institutes among others.
By Region: Europe, North America, APAC and Rest-of-the-World.
Global Veterinary CT scanner Market – Geographical Analysis
North American region accounts for the leading position in the
veterinary CT scanner market due to favorable reimbursement scenarios
and the large and organized industry in the region. Moreover,
technological innovations in the manufacturing of these CT scanners is
boosting the growth of the regional market. Simultaneously, the
presence of a large number of patients’ pool contribute to an increase
in the demand of veterinary CT scanner in the US.
Canada is focusing on exporting that scanning equipment to the
countries, worldwide, which is increasing the market size in the region.
Also, the increasing number of veterinary hospitals, availability of
technologies and advent techniques fuel the market growth.
The European region stands the second largest market for veterinary
CT scanner, globally. It is expected that the increasing improvements in
reimbursement policies are likely to drive the European veterinary CT
scanner market. Increase in chronic diseases in animals has led to
increase the demand for CT scans in the number of the veterinary
healthcare organization. European countries like the U.K., Germany, and
France spend a lot on the manufacturing of scanning devices for the
veterinary requirement.
The Asia Pacific region, on the other hand, is emerging as a
promising market for veterinary CT scanners. The region is estimated to
exhibit the fastest growth rate throughout the forecast period owing to
the increasing awareness about animal health and increasing per capita
animal health expenditure, especially in China and India.
The steady growth in companion animal ownership in emerging markets
such as India, China, Brazil, and the other APAC and Latin American
countries serves as a significant growth opportunity for market players
in the veterinary CT scanner market.
Global Veterinary CT scanner Market – Competitive Analysis
The fiercely competitive market of veterinary CT scanner appears to
be fragmented with many small and large-scale players churning the
competition in the market. Mergers & acquisitions, and innovation
remain the popular trends for the key players in the market. The
structure of the veterinary CT scanner market is changing due to the
acquisition of local manufactures by multinational companies. These MNCs
are adopting strategic initiatives such to increase the profit as well
as to reduce the competition significantly.
Key Players:
Some of the players leading the global veterinary CT scanner market
are Canon, Inc. (Toshiba Medical Systems Corporation – Japan), GE
Healthcare (U.S.), Epica Medical Innovation (U.S.), Samsung Electronics
Co. Ltd. (NeuroLogica Corporation) (South Korea), Siemens AG (Siemens
Healthineers – Germany), Koninklijke Philips N.V. (Netherlands),
Animage, LLC (U.S.), Hitachi, Ltd. (Japan), GIN ApS (Denmark), 4DDI
(U.S.), and QR s.r.l. (Italy) among others.
Industry/ Innovation/ Related News:
August 07, 2018 – The University of Liverpool (UK)
unveiled a unique veterinary CT scanner which is large-bore sliding
gantry computed tomography system for improved large animal patient
scanning.
Adapted from human use, the new large animal CT machine has been set
up at the university’s Philip Leverhulme Equine Hospital with
installation being shared between the hospital and university.
Table Of Contents
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
3. RESEARCH METHODOLOGY
3.1. Overview
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
5. MARKET FACTOR ANALYSIS
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power Of Suppliers
5.1.2. Bargaining Power Of Buyers
5.1.3. Threat Of New Entrants
5.1.4. Threat Of Substitutes
5.1.5. Intensity Of Rivalry
5.2. Value Chain Analysis
Browse In-depth Market Research Report (99 pages) on Veterinary CT Scanner Market @ https://www.marketresearchfuture.com/reports/veterinary-ct-scanner-market-5984
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