https://www.marketresearchfuture.com
Veterinary Ultrasound Market Highlights: The inclination towards pet companionship coupled with increased spending on pet healthcare has paved the way for veterinary ultrasound market expansion. According to the Oasmia Pharmaceutical AB in the U.S., the number of pets (dogs) increased from 68 million in 2000 to 83.3 million in 2014. Increased awareness about animal health care and the availability of advanced medical facilities are the key factors driving the growth of the market. Market Research Future (MRFR)’s latest report reveals that the global veterinary ultrasound market is set to expand saliently striking a CAGR of 6.10% during the forecast period 2018 to 2023. The market is estimated to expand from USD 164.42 Mn in 2017 to USD 234.55 Mn by 2023-end. Inquire for Sample Research Report https://www.marketresearchfuture.com/sample_request/6054
Pune, India, September, 2018 /press release/- Market Research Future Published a Cooked Research Report on Veterinary Ultrasound Market Research Report. The rising prevalence of zoonotic diseases, also known as zoonoses, is the key area of focus in the meat and dairy industry. According to the Center for Disease Control and Prevention, around 75% of infectious diseases affecting human beings originate from animals. It is projected to catapult the veterinary ultrasound market on an upward trajectory. Additionally, the developments made in the pet insurance industry is anticipated to boost the market for veterinary ultrasound. Global Market for Veterinary Ultrasound-Segmental Analysis: MRFR’s report offers a detailed segmental analysis of the market based on imaging technology, therapeutic area, product type, type, and animal type. By imaging technology, the market has been segmented into digital imaging technology, analog imaging technology, and contrast imaging technology. The digital imaging technology segment was valued at USD 100.73 Mn in 2017. By therapeutic area, the veterinary ultrasound market is segmented into cardiology, neurology, oncology, orthopedics and traumatology, and others. Among these, the orthopedics and traumatology segment held the most significant share of the market in 2017. It is likely to retain its prominence over the next couple of years. The growth is attributable to the increasing incidence of bone injuries and growing prevalence of arthritis, lameness disease, and others. The segment is estimated to reach a valuation of USD 104.11 Mn by the end of 2023. By product type, the global veterinary ultrasound market has been segmented into devices and software. The devices segment is further sub-segmented into portable/compact ultrasound scanners and cart-based ultrasound scanners. By type, the market is segmented into 2D ultrasound imaging, 3D ultrasound, Doppler imaging, and others. Among these, the 2D ultrasound imaging segment presently accounts for the largest share of the market. The segment is expected to gain traction in the market owing to its applications in diagnosing heart defects, issues with kidneys, and other potential internal issues.
Market Research Future