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Rise in Pet Adoption and Rampant Contagious Zoonotic Diseases Propel Veterinary Ultrasound Scanners Market

Press release Description

Albany, New York, December 20, 2018: Given the surge in expenditure on pet healthcare, augmentation in the pet adoption and rampant zoonotic diseases, veterinary ultrasound scanners market is expected to prop up during the assessment period 2018-2026. Furthermore, upsurge in the incidence of livestock screening for food safety has fueled the market. Moreover, animal breeders are vying to provide better quality livestock products which could be attributed to soaring meat consumption. As such, observation and incessant checking of animals is indispensable which will provide a lucrative opportunity for veterinary ultrasound scanners market. Meanwhile, support programs for vet care along with private and public funding has opened avenues for investments. On the basis of revenue, the veterinary ultrasound scanners market is projected to register a CAGR of 4.2% during the assessment period.

The pervasiveness of zoonotic diseases such as Ebola, Rift Valley fever, Type A-influenza, severe acute respiratory syndrome (SARS) and brucellosis has powered the veterinary ultrasound scanners. These assimilations are according to the report titled, “Veterinary Ultrasound Scanners Market: Portable/Hand Held Scanners Most Attractive Product Type: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been lately incorporated in the repository of Market Research Reports Search Engine (MRRSE).

Sophisticated veterinary scanners such as wireless veterinary, high resolution and portable ultrasound scanners have fueled the market. Animal breeders are embracing ultrasound scanners to analyze reproductive aspects such as fetal gender determination, multiple pregnancies and early pregnancy diagnosis. However, two economic powerhouse countries— India and China have implemented a severe regulations for fetal sex determination as ultrasound scanners for animals and humans is same and scanners need to be registered under Pre-Natal Diagnostic Techniques (PNDT) Act, 1994. To put it in perspective, prohibition of fetal sex determination has affected the buildup of the veterinary scanners market.

Veterinary Ultrasound Scanners Market: Report Content

The report offers an exhaustive analysis on the veterinary ultrasound scanners through analyzing drivers, restraints, opportunities and trends in the market. The report segments the veterinary ultrasound scanners market with regards to product type, end-users, imaging technology and region.

On the basis of product type, the market is segmented into portable ultrasound scanner, cart based ultrasound scanner. With respect to imaging technology, the market analyzes analog imaging technology, digital imaging technology and contrast imaging technology. With regards to end-users, the report assesses veterinary hospitals, veterinary clinics, animal breeding and farms. Regionally, the market incorporates, North America, Western Europe, Latin America, Eastern Europe, APAC (excluding China and Japan), MEA, China and Japan.

The final section embodies competitive landscape to furnish a dashboard view of the prominent companies in the veterinary ultrasound scanners market. The section also incorporates SWOT analysis and market strategies. Some of the prominent players analyzed in the report are Fujifilm Holdings Corporation, Hitachi Ltd., Samsung Electronics Co., to name a few.

Veterinary Ultrasound Scanners Market: Research Methodology

The report has adopted a thorough research methodology incorporating of secondary and primary research. The assessment in the report is the result of secondary research, primary interviews and reviews by expert panel. The analysis of the veterinary ultrasound scanners market has been done on the basis of absolute dollar opportunity which is often neglected while estimating the market.

The secondary research includes SEC filings, company websites, industry white paper annual reports and statistical database. The primary research incorporates phonic interviews, face to face interviews, and e-mail interaction. To provide the readers with an honest report, expert panel assessed the data collated from different sources. The report has been prepared considering Y-o-Y growth to assess feasibility of the market. The report also considers market attractiveness index to assist in identifying market opportunities.

Browse Full Global Veterinary Ultrasound Scanners Market Report with TOC :

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