According to the recent research report titled ‘GLOBAL Veterinary Imaging Market 2019-2028’, available with Market Study Report, global veterinary imaging market size is expected to expand at 5.80% CAGR over 2019-2028
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Rising animal health expenditure, increasing research & development activities, and growing adoption of pets are the key factors stimulating global veterinary imaging market growth. In addition, increasing pervasiveness of diseases in animals and surging demand from emerging nations are also adding to the industry potential.
 

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Notably, companion animals are considered to enhance human health as well as physical well-being, and hence play an important role in improving one's quality of life.
 

Coming to the restraints, lack of skilled professionals and hefty costs of imaging devices are anticipated to impede the business expansion. Besides, high costs of pet care and lack of awareness regarding animal health are also likely to hamper worldwide veterinary imaging industry remuneration.
 

Based on product offering, the market is categorized into reagents, instrument (video endoscopy imaging systems, magnetic resonance imaging systems, compound tomography imaging systems, ultrasound imaging systems, and radiography systems), and others.
 

With respect to animal type, worldwide veterinary imaging industry is split into large animals, companion animals, and others. Elaborating on application scope, the market is categorized into neurology, cardiology, oncology, orthopedics & traumatology, and others. Moving on to end user scope, the industry is bifurcated into veterinary laboratories, veterinary clinics & hospitals, and others.
 

Regionally, North America currently holds major portion of global veterinary imaging market share and is likely to continue with its dominance in the forthcoming years. Factors such as  growing ownership of pets and rising disposable income are positively swaying the business dynamics in North America.
 

Major contenders influencing global veterinary imaging market dynamics are Carestream Health, VetZ GmbH, Hallmarq Veterinary Imaging, Diagnostic Imaging Systems, Sound Technologies Inc., Heska Corporation, Siemens Healthineers GmbH, MinXray Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Idexx Laboratories Inc., IMV Imaging, General Electric Company (GE), Fujifilm Sonosite Inc., Esaote S.p.A., and Agfa-Gevaert Group.