The global market for Veterinary Ultrasound is estimated at US$329.9 Million in 2023 and is projected to reach US$520.1 Million by 2030, growing at a CAGR of 6.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the veterinary ultrasound market is driven by several factors, including the increasing pet ownership rates and the rising expenditure on animal healthcare. As more people consider pets as part of their family, there is a growing demand for high-quality veterinary care, which includes advanced diagnostic tools like ultrasound. Technological advancements have made ultrasound devices more affordable and user-friendly, encouraging their adoption among veterinary practices. Additionally, the expansion of livestock and equine industries, which require regular health monitoring to ensure productivity and animal welfare, is contributing to the demand for veterinary ultrasound equipment. The growing awareness and emphasis on preventive veterinary care also play a significant role, as early diagnosis and treatment of conditions can significantly improve health outcomes. Furthermore, educational initiatives and training programs are enhancing veterinarians` skills in using ultrasound technology, further driving its adoption in the veterinary field.
The growth in the veterinary ultrasound market is driven by several factors, including the increasing pet ownership rates and the rising expenditure on animal healthcare. As more people consider pets as part of their family, there is a growing demand for high-quality veterinary care, which includes advanced diagnostic tools like ultrasound. Technological advancements have made ultrasound devices more affordable and user-friendly, encouraging their adoption among veterinary practices. Additionally, the expansion of livestock and equine industries, which require regular health monitoring to ensure productivity and animal welfare, is contributing to the demand for veterinary ultrasound equipment. The growing awareness and emphasis on preventive veterinary care also play a significant role, as early diagnosis and treatment of conditions can significantly improve health outcomes. Furthermore, educational initiatives and training programs are enhancing veterinarians` skills in using ultrasound technology, further driving its adoption in the veterinary field.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the 2D Ultrasound segment, which is expected to reach US$231.8 Million by 2030 with a CAGR of a 7.6%. The 3D / 4D Ultrasound segment is also set to grow at 6.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $120.7 Million in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $54.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Veterinary Ultrasound Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Veterinary Ultrasound Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Veterinary Ultrasound Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Boston Scientific Corporation, Carestream Health, Inc., Esaote SpA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 65 Featured):
- Boston Scientific Corporation
- Carestream Health, Inc.
- Esaote SpA
- Contec Medical Systems Co., Ltd.
- EDAN Instruments, Inc.
- BenQ Medical Technology Corporation
- Echo-Son SA
- Biovet Inc.
- Chengdu Seamaty Technology Co., Ltd.
- Dre Veterinary, Inc.
- BMV Technology Co., Ltd.
- Clarius Mobile Health Corporation
- Draminski SA
- Chison Medical Imaging Co., Ltd.
- Bionet Company Limited
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Boston Scientific Corporation
- Carestream Health, Inc.
- Esaote SpA
- Contec Medical Systems Co., Ltd.
- EDAN Instruments, Inc.
- BenQ Medical Technology Corporation
- Echo-Son SA
- Biovet Inc.
- Chengdu Seamaty Technology Co., Ltd.
- Dre Veterinary, Inc.
- BMV Technology Co., Ltd.
- Clarius Mobile Health Corporation
- Draminski SA
- Chison Medical Imaging Co., Ltd.
- Bionet Company Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 554 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 329.9 Million |
Forecasted Market Value ( USD | $ 520.1 Million |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |