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Veterinary Ultrasound Device Market Trends

  • Report ID: GMI3544
  • Published Date: May 2023
  • Report Format: PDF

Veterinary Ultrasound Device Market Trends

The rising prevalence of animal diseases and the growing number of insured pets are the factors driving the demand for ultrasound devices across the globe. In animals like cats and dogs, heart diseases are primarily caused by ageing and obesity. Ultrasound devices help in examining the blood flow in the heart and cardiac infarction. It has applications in the diagnosis of various oncology, orthopedic, and other gastrointestinal diseases in animals.
 

Due to the increased awareness regarding animal health, pet owners are now insuring their animals. In order to encounter issues of hospitalization costs, diagnostic costs, expensive veterinary surgeries, and medication costs pet owners are insuring their animals. Increasing animal health expenditure will fuel the veterinary ultrasound device industry. The number of veterinary practitioners is increasing worldwide increasing the demand of ultrasound devices to their care settings. The technological advancement and digitalization have contributed to the growth of this market as they reduce the time required for diagnosis and helps in providing faster treatment option.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for veterinary ultrasound device was estimated to be around USD 305.3 million in 2022 and is expected to reach around USD 546.6 million by 2032.

The 2D ultrasound segment accounted for the largest share of the global market in 2022 owing to its application in in diagnosis of various diseases as well as for pregnancy examination.

North America held the highest revenue share of the global veterinary ultrasound device market in 2022 as to an increased number of veterinary professionals, availability of pet insurance, improved healthcare infrastructure, and increased healthcare expenditure.

GE Healthcare, Esaote SpA, IMV Imaging, Shenzhen Mindray Bio-Medical Electronics Co., Samsung Electronics Co., Ltd., Ltd., Sonostar Technologies Co., Ltd., Siemens Healthineers, FUJIFILM Sonosite Inc. are some of the key players in the veterinary ultrasound device business.

Veterinary Ultrasound Device Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 400
  • Countries covered: 21
  • Pages: 230
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