Global Veterinary Imaging Market - Overview
The global veterinary imaging market has been evaluated as
steadily growing market and it is expected that the market will continue to
grow similarly in the near future. Veterinary deals with diagnosis and
treatment of diseases in animals. Veterinary imaging devices are useful in
diagnosis and treatment of diseases in animals. These devices also gives clear
understanding of disease or injury that helps veterinarian for treatment of
animal. Increasing awareness about animal healthcare and improvement of animal
life are key factors for the growth of the market. Disease pattern in animals
are continuously changing and becoming more challenging for veterinarians to
diagnose these diseases. Veterinary imaging devices gives them in accurate
diagnosis and further treatment. Increasing pet adoption is another major
factor for the growth of the market. Increasing number of veterinarians,
veterinary clinics and growing veterinary healthcare infrastructure are driving
the growth for the market. Cattle are very important part of farming that have
economic importance because they provides many products like milk, meat and
leather. Farmers are becoming more aware about the health of their cattle which
is good sign for the growth of the market. About 75% of veterinarians are
working in private hospitals or pet clinics and these hospitals or clinics are
spending money in advancement of technology to provide better facilities. Veterinary
imaging devices manufacturers are spending money to develop innovative and
usable product for the market. However there are some factors are inhibiting
the growth of the market such as high cost of devices that small clinics cannot
afford, lack of knowledge about new technology or products, availability of
products, access to veterinary healthcare facilities, lack of skilled
veterinary professionals etc.
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Top
Companies:
Atlantis Worldwide (US), Canon Inc. (Japan),
Diagnostic Imaging Systems, Inc. (US), Fujifilm Holdings Corporation (Japan),
GE Healthcare (US), Hitachi, Ltd (Japan), Medical Imaging / IMCO, Inc. (US),
Sectra (Sweden), Siemens AG (Germany), Toshiba Medical Systems Corporation
(Japan) are some of the prominent players at the forefront of competition in
the Global Veterinary Imaging Market and are profiled in MRFR Analysis.
Global Veterinary
Imaging Market - Competitive Analysis
Characterized by the presence of several
well-established and small players, the global market of veterinary imaging
appears to be highly competitive and fragmented. Major market players who are
increasingly expanding their footprint in the developing economy, making it
difficult for regional vendors to compete with them, especially in terms of
features such as product differentiation, product portfolios, quality, and
pricing. The Market is witnessing intensified competition which is
expected to get more intensified further during the forecast period. The
intense competition prevalent in the market dictates the consolidation among
marketers. Therefore, key players ensure that their portfolio includes products
both for treating sick animals and for preventing disease occurrence.
December, 2015 - Fujifilm and Anicom Holdings, Inc.
entered into partnership and established joint venture for developing and
providing cutting-edge veterinary technologies and services with focus on
regenerative medicine. According to company reports, it had developed advanced
veterinary medicine by combining Fujifilm's advanced production engineering and
quality control technology nurtured in its photographic film business as well
as diagnostic imaging technology, blood's chemical composition analysis
technology and regenerative medical technology, with Anicom's veterinary
hospital network, electronic medical record system and extensive animal
treatment data. Moreover, the company had conducted science-based clinical
research such as regenerative medicine including cell therapies.
Well established players incorporate acquisition,
collaboration, partnership, expansion, and product launch in order to gain
competitive advantage in this market and to maintain their market position.
Global Veterinary
Imaging Market - Regional Analysis
Depending on geographic region, veterinary imaging
market is segmented into four key regions: Americas, Europe, Asia-Pacific, and
Middle East & Africa. Considering the global scenario of the market, North
America holds be the largest market for veterinary imaging due to increasing
awareness about animal healthcare and increasing investment in healthcare
domain. Moreover the European market is also growing and second largest market
for Veterinary Imaging. On the other hand, Asia-Pacific market is expected to
grow at the fastest pace in the Veterinary Imaging during the forecasted
period. Whereas, The Middle East & Africa have the least market share.
Additionally, factors such as lack of awareness, low healthcare expenditures
will restrain the market during the corresponding period.
Report Details @ https://www.marketresearchfuture.com/reports/veterinary-imaging-market-2919
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