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Global Animal/Veterinary Ultrasound Market Outlook to 2029

Market Research Report | 2024 Edition | Report ID: BQ02731
Global Animal/Veterinary Ultrasound Market Outlook to 2029

Report Description

Veterinary ultrasound devices use ultrasonic sound waves in the frequency range of 1.5–15 MHz to create images of internal body structures based on the pattern of echoes reflected from the targeted organs and tissues. According to BlueQuark the Global Animal/Veterinary Ultrasound Market is expected to grow considerably during the forecasted period. Factors such as the annual diagnostic imaging caseloads increase in veterinary hospitals & clinics and industry-related technology improvement are expected to drive the Veterinary Ultrasound Market in the forecasted period. Further, technological advancements in the electronics sector resulting in miniaturization of devices and increasing pet care expenditure from pet owners are expected to drive the Veterinary Ultrasound Market in the forecasted period. Furthermore, increasing incidences of various chronic diseases among pet animals and rising government initiatives to facilitate pet healthcare systems are expected to drive the Veterinary Ultrasound Market in the forecasted period. However, high ultrasound equipment costs, a lack of knowledge concerning periodic clinical exams for companion animals, and a lack of suitable veterinary treatment infrastructure are some of the variables predicted to limit market growth in the forecasted period.

The veterinary hospitals and clinics fragment accounted for the most significant revenue share. The obtainability of an extensive range of diagnostic alternatives in veterinary hospitals and clinics is expected to contribute to segment growth. Technological developments like effective pet owner mobile technologies and cloud-based information management systems would drive the market growth. Animals are imaged using veterinary ultrasonography equipment for general imaging, disease monitoring, and pregnancy detection. These instruments are utilized by veterinarians in clinics, hospitals, and research institutes to diagnose ailments in various animal species. Increased owner concern over their pets' health drives the Animal Ultrasound Market. The Animal Ultrasound Market is growing due to the technological developments in the Veterinary Ultrasound Industry. Ultrasound is a non-invasive imaging technique that helps show the internal body structures with the echoes and reflections of ultrasound waves. It is one of the most commonly used methods for animals. The frequency range of 1.5–15 megahertz (MHz) is used for the animals to create images of body structures. Ultrasound primarily evolves soft tissues such as muscles, ligaments, and other body tissues. It is also widely used to evaluate the musculoskeletal system in the body of animals. Due to its ease of use, ultrasound is becoming a more frequent technology for veterinary clinics for diagnostics and other animal procedures.

Furthermore, software advancements in ultrasound examination, the overview of remote diagnostics, and the improved use of ultrasound-guided mediation methods for diagnostic and therapeutic applications are expected to generate lucrative opportunities for the Veterinary Ultrasound Workstation Market in the forecast period. The rising prevalence of internal bleeding and life-threatening conditions has contributed significantly to ultrasound examination being included in point-of-care testing, as has the increasing number of emergency ultrasounds performed in cats and dogs in ERs and critical care settings, which are some of the other factors expected to drive Veterinary Ultrasound Market revenue growth during the forecast period.

The United States is expected to grow significantly in North America's veterinary ultrasound devices market, owing to rising pet adoption and increasing per capita animal healthcare expenditure. Additionally, the rise in the prevalence of various animal diseases and internal injuries has been identified as the primary driving factor for market growth. The popularity of such devices in pregnancy screening and illness diagnosis is a significant factor driving revenue growth of this segment. Twenty ultrasounds are most often used as these produce a black-and-white picture depicting an infant's skeletal structure and inferior organs. Sound waves from the ultrasound transducer through the body and back create an outline of internal organs. These kinds of ultrasound effectively detect cancers, polyps, and cysts in critical organs. The pictures don't exactly match reality, but they provide doctors with an excellent interior image to identify and treat some medical conditions. Moreover, 2D ultrasounds are most frequently utilized throughout pregnancy to assure the baby is healthy and growing properly.

The growing usage of ultrasound for animal pregnancy testing is accredited to market growth. Some domestic animals can be precisely and early detected as pregnant using ultrasound. While transdermal ultrasound scanning is appropriate for dogs and cats, transrectal sonography is directed for cattle and horses, and transrectal or transcutaneous treatments for goats, sheep, and pigs. Animal heart disease is primarily brought on by ageing and obesity. Myxomatous Mitral Valve Disease is the most common cardiac condition in canines. Little and elderly dogs are more probable to get this condition. Expectations for veterinary care are increasingly similar to those for human medical care as more pet owners form close relationships with their associated animals. Owners are ready to spend more money and attention on their pets' health. This factor led to unique veterinary specializations for companion animals, such as bond-centred clinics, where vets discuss the pet's entire lifecycle and any preferred routine diagnostic care for the pet's birth.

The market key players are IDEXX Laboratories, Esaote SpA, FUJIFILM Holdings America Corporation, and Shenzhen Mindray Bio-Medical Electronics.

In November 2022, Advanced Veterinary Ultrasound (AVU), a Division of Advanced Ultrasound Systems, and Draminski SA, a manufacturer of quality point-of-care ultrasound (POCUS), partnered to provide feature-rich systems to the veterinary market. The agreement allows AVU to market, sell, and service the portable ultrasound systems Draminski offers, such as the Draminski Blue, iScan2, and iScan Mini systems.

In August 2022, GM Medical, a specialist in distributing medical equipment, partnered with Butterfly Network to spread the iQ+ Vet to veterinarians in Denmark, Sweden, Norway, and Finland. The iQ+ Vet is the 2nd generation of Butterfly's veterinary ultrasound device, bringing sharper imaging.

Our Global Animal/Veterinary Ultrasound Market report provides deep insight into the current and future state of the Animal/Veterinary Ultrasound market across various regions. Also, the study comprehensively analyzes the Animal/Veterinary Ultrasound market by segments based on the Type (2D Ultrasound, Doppler Ultrasound, 3D/4D Ultrasound), Product (Cart-based Ultrasound Scanners, Portable Ultrasound Scanners), End-User Industry (Veterinary Clinics, Veterinary Hospitals, Other End Users), and by Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of COVID-19, are influencing the market growth in detail. The study covers & includes emerging market trends, market developments, market opportunities, market size, market analysis, market dynamics, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market share and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Animal/Veterinary Ultrasound Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Animal/Veterinary Ultrasound Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Animal/Veterinary Ultrasound Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

Global Animal/Veterinary Ultrasound Market - Market Dynamics, 2024-2029

Global Animal/Veterinary Ultrasound Market - Supply Chain Analysis

Global Animal/Veterinary Ultrasound Market - Porters Five Forces Analysis

North America - Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

Europe - Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

Asia-Pacific - Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

South America - Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

Middle East & Africa - Animal/Veterinary Ultrasound Market, in USD Million, 2019-2029

Animal/Veterinary Ultrasound Market - Infographics

Other Charts

For complete list of tables and charts, please contact us via the form at the top of the page.

  Who need this report?

  • Manufacturers & Suppliers
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  • Insurance Companies
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  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Animal/Veterinary Ultrasound Market Outlook to 2028.pdf
Market Data - Global Animal/Veterinary Ultrasound Market Outlook to 2028.xls

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