Animal/Veterinary Ultrasound Market Key Players – Siemens AG (Germany), FUJIFILM Holdings Corporation (Japan), EsaoteSpA (Italy), Mindray Medical International, Ltd. (China)


Animal/Veterinary Ultrasound Market research report deals with many parameters in depth to satisfy the requirements of business or clients. Moreover, it also displays all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions […]

Animal/Veterinary Ultrasound Market research report deals with many parameters in depth to satisfy the requirements of business or clients. Moreover, it also displays all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions, and effects of the same in terms of sales, import, export, revenue and CAGR values. A team of experienced and consummate market research professionals persistently track key industries to spot key developments, unmet needs, and possible growth opportunities.

Prominent players in the animal/veterinary ultrasound market are: GE Healthcare (US), Heska Corporation (US), Siemens AG (Germany), FUJIFILM Holdings Corporation (Japan), EsaoteSpA (Italy), Mindray Medical International, Ltd. (China), Samsung Medison Co., Ltd. (Korea), Diagnostic Imaging Systems Inc. (US), IMV imaging (Scotland)and Shenzhen Ricso Technology Co., Ltd. (China)

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The market is driven by the growth in the companion animal population, rising demand for pet insurance, and increase in the number of veterinary practitioners in developed economies. However, the high cost of instruments and procedures are expected to restrain market growth to a certain extent.

An international Animal/Veterinary Ultrasound Market research report takes into account several industry verticals such as company profile, contact details of the manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares, and possible sales volume of the company. The report is prepared by chewing over several fragments of the present and upcoming market scenario. A proficient data and brilliant forecasting techniques used in this report are synonymous with accuracy and correctness. A large-scale Animal/Veterinary Ultrasound Market report endows numerous insights and business solutions that will assist to stay ahead of the competition.

Animal/Veterinary Ultrasound Market by Type (2D, 3D/4D, Doppler), Technology, Product (Portable, Cart-based), Animal (Small Companion, Large), Application (Obstetrics, Orthopedics, Cardiology), End User, and Region – Global Forecast to 2025 The global animal/veterinary ultrasound market size is projected to reach USD 448 million by 2025 from USD 338 million in 2020, at a CAGR of 5.8%.

Obstetrics/Gynecology is the fastest-growing application segment during the forecast period

Based on application, the animal/veterinary ultrasound market is segmented into obstetrics/gynecology, cardiology, orthopedics and others. The obstetrics/gynecology segment is expected to register the highest CAGR during the forecast period, primarily due to the large volume of pregnancy tests performed.

Veterinary Clinics dominate the animal/veterinary ultrasound market, by end user during the forecast period

Based on end user, the market is segmented into veterinary clinics, veterinary hospitals and acdemic institutes and others.The veterinary clinics segment is expected to grow at the highest CAGR during the forecast period. Veterinary clinics are the primary point of contact for pet owners, making them a significant driver in this market.

Asia Pacific market to witness the highest growth during the forecast period

Asia Pacific is expected to witness the highest growth during the forecast period (2020 to 2025), owing to factors such as rise in demand for pet insurance, increasing pet healthcare expenditure, growing population of food-producing animals and the need for animal-derived food products, rising awareness of zoonotic animals, and the growing number of veterinary hospitals and clinics in this region.

Breakdown of primary participants is as mentioned below:

  • By Company Type: Tier 1: 22%, Tier 2: 36%, and Tier 3: 42%
  • By Designation: C-level: 13%, Director-level: 17%, and Others: 70%
  • By Region: North America: 28%, Europe: 20%, Asia Pacific: 32%, Middle East and Africa: 12%, and South America:8%

Research Coverage:

The report analyzes the animal/veterinary ultrasound market and aims at estimating the market size and future growth potential of this market based on various segments, such as type, product, application, animal, end user, technology and region. It also covers competitive leadership mapping, which helps in analyzing the position of key market players as visionary leaders, innovators, dynamic players, and emerging players. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them to garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on product portfolios offered by the top players in the global animal/veterinary ultrasound market. The report analyzes this market by type, product, application, animal, end user, technology and region.
  • Product Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the global animal/veterinary ultrasound market.
  • Market Development: Comprehensive information on the lucrative emerging markets by type, product, application, animal, end user, technology and region.
  • Market Diversification: Exhaustive information about new technologies, growing geographies, recent developments, and investments in the global animal/veterinary ultrasound market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, service offerings, and capabilities of leading players in the global animal/veterinary ultrasound market.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Sources Key Data From Secondary Sources
2.1.2 Primary Sources Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Data Triangulation
2.5 Market Share Estimation
2.6 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Veterinary Ultrasound Market Overview
4.2 Asia Pacific: Market, By Technology & Country (2019)
4.3 Animal Ultrasound Market: Regional Mix
4.4 Market: Developed vs. Developing Countries
4.5 Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growing Companion Animal Population Growing Number of Veterinary Practitioners in Developed Economies Technological Advancements Rising Demand for Pet Insurance and Increasing Pet Care Expenditure
5.2.2 Restraints High Cost of Instruments and Procedures
5.2.3 Opportunities Untapped Emerging Markets
5.2.4 Challenges Low Animal Health Awareness in Developing Countries Shortage of Trained Professionals

6 Market, By Product
6.1 Introduction
6.2 Cart-Based Ultrasound Scanners
6.2.1 The Popularity of Cart-Based Scanners is Expected to Decline Due to the Advent of Compact/Handheld Scanners
6.3 Compact/Handheld Ultrasound Scanners
6.3.1 Technological Advancements & Increasing Demand for Point-Of-Care Diagnostics to Drive Market Growth

7 Market, By Type
7.1 Introduction
7.2 2D Ultrasound
7.2.1 2D Ultrasound Segment to Account for the Largest Share of the Market in 2019
7.3 Doppler Ultrasound
7.3.1 Color Doppler is Widely Used in Veterinary Sonography Evaluations—A Key Factor Driving Growth
7.4 3D/4D Ultrasound
7.4.1 3D/4D Ultrasound Segment is Expected to Grow at the Highest CAGR During the Forecast Period

8 Market, By Technology
8.1 Introduction
8.2 Digital Imaging
8.2.1 Digital Imaging to Account for the Largest Share of the Market in 2019
8.3 Contrast Imaging
8.3.1 Major Clinical Indications of Contrast Imaging Include M-Mode Imaging and Myocardial Perfusion

9 Market, By Animal Type
9.1 Introduction
9.2 Small Companion Animals
9.2.1 Rising Pet Population and Growing Pet Care Expenditure are Factors Driving the Growth of This Segment
9.3 Large Animals
9.3.1 Development of Portable Ultrasound Scanners has Improved Diagnostic Reproductive Management in  Large Animals
9.4 Other Animals

10 Market, By Application
10.1 Introduction
10.2 Obstetrics & Gynecology
10.2.1 Obstetrics & Gynecology to Account for the Largest Share of the Market in 2019
10.3 Cardiology
10.3.1 Increasing Prevalence of Cardiovascular Diseases in Dogs and Cats to Drive the Growth of This Segment
10.4 Orthopedics
10.4.1 Ultrasound is Routinely Used for Orthopedic Imaging in Horses
10.5 Other Applications

11 Market, By End User
11.1 Introduction
11.2 Veterinary Clinics
11.2.1 Veterinary Clinics Segment to Account for the Largest Share of the Market in 2019
11.3 Veterinary Hospitals & Academic Institutes
11.3.1 Veterinary Hospitals Provide Animal/Veterinary Ultrasound on A Larger Scale Than Clinics-A Key Factor Driving Growth
11.4 Other End Users

12 Market, By Region
12.1 Introduction
12.2 North America
12.2.1 US Large Companion Animal Population and Growing Pet Expenditure are Responsible for the High Market Share of the US
12.2.2 Canada Pet Adoption in Canada has Witnessed Only A Marginal Increase, Which is Why the Market in Canada is Significantly Smaller Than the US
12.3 Europe
12.3.1 Germany Germany Accounts for the Largest Share of the Veterinary Ultrasound Market in Europe
12.3.2 UK Corporatization of Veterinary Practices is Expected to Result in Greater Purchases of Veterinary Equipment in the UK
12.3.3 France Growing Companion and Livestock Populations Will Support the Growth of the Market in France
12.3.4 Italy Increasing Livestock Population and Growing Awareness of Animal Health Will Generate High Demand for Ultrasound Scanners
12.3.5 Spain Increasing Animal Health Expenditure is A Major Factor Driving Market Growth
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 China China Dominates the APAC Veterinary Ultrasound Market
12.4.2 Japan Rising Pet Health Expenditure Will Drive the Usage of Ultrasound in the Country
12.4.3 India Rising Livestock Animal Population and Growing Awareness Will Contribute to Market Growth in India
12.4.4 Rest of Asia Pacific
12.5 Latin America
12.5.1 Brazil Brazil Accounts for the Largest Share of the Latam Market
12.5.2 Mexico Rising Demand for Animal-Derived Food Products Will Contribute to Market Growth in Mexico
12.5.3 Rest of Latin America
12.6 Middle East & Africa
12.6.1 Growing Livestock Industry is Expected to Contribute to Market Growth in This Region

13 Competitive Landscape
13.1 Overview
13.2 Growth Strategy Matrix (2017–2019)
13.3 Market Share Analysis
13.3.1 Market Share Analysis: Animal Ultrasound Market
13.4 Competitive Leadership Mapping
13.4.1 Visionary Leaders
13.4.2 Innovators
13.4.3 Dynamic Differentiators
13.4.4 Emerging Companies
13.5 Competitive Situation and Trends
13.5.1 Product Launches
13.5.2 Partnerships, Collaborations, & Agreements
13.5.3 Mergers & Acquisitions

14 Company Profiles
14.1 GE Healthcare
14.1.1 Business Overview
14.1.2 Products Offered
14.1.3 Competitive Analysis
14.2 Esaote Spa
14.2.1 Business Overview
14.2.2 Products Offered
14.2.3 Recent Developments
14.2.4 Competitive Analysis
14.3 Mindray Medical International Co. Ltd.
14.3.1 Business Overview
14.3.2 Products Offered
14.3.3 Competitive Analysis
14.4 Siemens AG
14.4.1 Business Overview
14.4.2 Products Offered
14.5 Fujifilm Holdings
14.5.1 Business Overview
14.5.2 Products Offered
14.5.3 Recent Developments
14.5.4 MnM View
14.6 Heska Corporation
14.6.1 Business Overview
14.6.2 Products Offered
14.6.3 Recent Developments
14.6.4 MnM View
14.7 Samsung Medison Co., Ltd.
14.7.1 Business Overview
14.7.2 Products Offered
14.8 Diagnostic Imaging Systems, Inc.
14.8.1 Business Overview
14.8.2 Products Offered
14.8.3 Recent Developments
14.9 IMV Imaging
14.9.1 Business Overview
14.9.2 Products Offered
14.9.3 Recent Developments
14.10 Shenzhen Ricso Technology Co., Ltd.
14.10.1 Business Overview
14.10.2 Products Offered
14.11 Dramiñski S.A.
14.11.1 Business Overview
14.11.2 Products Offered
14.12 Shantou Institute of Ultrasonic Instruments Co., Ltd.
14.12.1 Business Overview
14.12.2 Products Offered
14.13 Clarius Mobile Health
14.13.1 Business Overview
14.13.2 Products Offered
14.14 Sonoscape Medical Corporation
14.14.1 Business Overview
14.14.2 Products Offered
14.15 E.I. Medical Imaging
14.15.1 Business Overview
14.15.2 Products Offered
14.15.3 Recent Developments
14.16 Edan Instruments, Inc.
14.16.1 Business Overview
14.16.2 Products Offered
14.17 Xuzhou Kaixin Electronic Instrument Co., Ltd.
14.17.1 Business Overview
14.17.2 Products Offered
14.18 Promed Group Co., Ltd.
14.18.1 Business Overview
14.18.2 Products Offered
14.19 BMV Technology Co., Ltd.
14.19.1 Business Overview
14.19.2 Products Offered
14.20 Meditech Equipment Co., Ltd.
14.20.1 Business Overview
14.20.2 Products Offered

15 Appendix
15.1 Insights From Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

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