Global Veterinary Ultrasound Market Size Study, by Type, by Product, by Technology, by Animal, by Application, by End User, and Regional Forecasts 2022-2032

Description

Global Veterinary Ultrasound Market is valued at approximately USD 359.81 million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2024-2032. Veterinary ultrasound is a non-invasive imaging technology used by veterinarians to diagnose and monitor various health conditions in animals. This technology relies on high-frequency sound waves to produce images of internal organs, tissues, and blood vessels, making it a crucial tool in veterinary medicine.

The market is driven by factors such as the increasing pet population and pet healthcare expenditure, coupled with technological advancements in ultrasound devices. The rising adoption of pets, particularly in developed regions, has led to an increased focus on their health and well-being, driving demand for advanced diagnostic tools like ultrasound. Furthermore, innovations such as portable and handheld ultrasound devices have made it easier for veterinarians to perform diagnostic procedures outside of traditional clinic settings, expanding the use of ultrasound in field applications.

However, the high cost of veterinary ultrasound devices poses a significant challenge, particularly for smaller veterinary practices and clinics in developing regions. The initial investment required for these advanced devices, along with ongoing maintenance and upgrade costs, can be prohibitive. Despite these challenges, the market offers significant growth opportunities, particularly in emerging markets where economic development and increasing pet ownership are driving demand for advanced veterinary services. Governments in these regions are also investing in improving animal health infrastructure, further boosting the market potential for veterinary ultrasound equipment.

Key regions considered in the global veterinary ultrasound market study include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America dominates the market, attributed to high pet ownership rates, advanced veterinary infrastructure, and strong pet healthcare spending. Meanwhile, Asia-Pacific is expected to witness significant growth due to rapid urbanization, increasing pet adoption, and expanding veterinary services.

Major market players included in this report are:

GE Healthcare (US)
Esaote SpA (Italy)
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
Siemens Healthineers (Germany)
FUJIFILM Holdings Corporation (Japan)
Chison Medical Technologies Co., Ltd., (China)
Shantou Institute of Ultrasonic Instruments Co., Ltd. (China)
E.I. Medical Imaging (US)
EDAN Diagnostics, Inc. (China)
BMV Technology Co., Ltd (China)
Samsung Electronics Co., Ltd. (South Korea)
Vinno Technology (China)
Shenzhen Ricso Technology Co., Ltd (China)
SonoScape Medical Corp. (China)
Interson Corporation (US)

The detailed segments and sub-segments of the market are explained below:

By Type:

2D Ultrasound
Doppler Ultrasound
3D/4D Ultrasound

By Product:

Cart-based
Portable

By Technology:

Digital
Contrast

By Animal:

Small Animals
Large Animals
Other Animals

By Application:

Obstetrics/Gynecology
Cardiology
Orthopaedics
Other Applications

By End User:

Veterinary Hospitals and Academic Institutes
Veterinary Clinics
Other End Users

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia-Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Veterinary Ultrasound Market Executive Summary

1.1. Global Veterinary Ultrasound Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Product
- 1.3.3. By Technology
- 1.3.4. By Animal
- 1.3.5. By Application
- 1.3.6. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Veterinary Ultrasound Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Veterinary Ultrasound Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing pet population and healthcare expenditure
- 3.1.2. Technological advancements in ultrasound devices
- 3.1.3. Expanding veterinary services in emerging markets
3.2. Market Challenges
- 3.2.1. High cost of veterinary ultrasound devices
- 3.2.2. Limited awareness among pet owners
3.3. Market Opportunities
- 3.3.1. Emerging markets and growing economic development
- 3.3.2. Government investments in animal health infrastructure
- 3.3.3. Expansion of portable and handheld ultrasound devices
3.4. Market Threats
- 3.4.1. Regulatory challenges in certain regions
- 3.4.2. Impact of economic downturns on veterinary spending
3.5. Analyst Recommendation & Conclusion

Chapter 4. Global Veterinary Ultrasound Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Veterinary Ultrasound Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Veterinary Ultrasound Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. 2D Ultrasound
- 5.2.2. Doppler Ultrasound
- 5.2.3. 3D/4D Ultrasound

Chapter 6. Global Veterinary Ultrasound Market Size & Forecasts by Product 2022-2032

6.1. Segment Dashboard
6.2. Global Veterinary Ultrasound Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Cart-based
- 6.2.2. Portable

Chapter 7. Global Veterinary Ultrasound Market Size & Forecasts by Technology 2022-2032

7.1. Segment Dashboard
7.2. Global Veterinary Ultrasound Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Digital
- 7.2.2. Contrast

Chapter 8. Global Veterinary Ultrasound Market Size & Forecasts by Animal 2022-2032

8.1. Segment Dashboard
8.2. Global Veterinary Ultrasound Market: Animal Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Small Animals
- 8.2.2. Large Animals
- 8.2.3. Other Animals

Chapter 9. Global Veterinary Ultrasound Market Size & Forecasts by Application 2022-2032

9.1. Segment Dashboard
9.2. Global Veterinary Ultrasound Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 9.2.1. Obstetrics/Gynecology
- 9.2.2. Cardiology
- 9.2.3. Orthopaedics
- 9.2.4. Other Applications

Chapter 10. Global Veterinary Ultrasound Market Size & Forecasts by End User 2022-2032

10.1. Segment Dashboard
10.2. Global Veterinary Ultrasound Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 10.2.1. Veterinary Hospitals and Academic Institutes
- 10.2.2. Veterinary Clinics
- 10.2.3. Other End Users

Chapter 11. Global Veterinary Ultrasound Market Size & Forecasts by Region 2022-2032

11.1. North America Veterinary Ultrasound Market
- 11.1.1. U.S. Veterinary Ultrasound Market
  - 11.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 11.1.1.2. Product breakdown size & forecasts, 2022-2032
  - 11.1.1.3. Technology breakdown size & forecasts, 2022-2032
  - 11.1.1.4. Animal breakdown size & forecasts, 2022-2032
  - 11.1.1.5. Application breakdown size & forecasts, 2022-2032
  - 11.1.1.6. End User breakdown size & forecasts, 2022-2032
- 11.1.2. Canada Veterinary Ultrasound Market
11.2. Europe Veterinary Ultrasound Market
- 11.2.1. UK Veterinary Ultrasound Market
- 11.2.2. Germany Veterinary Ultrasound Market
- 11.2.3. France Veterinary Ultrasound Market
- 11.2.4. Spain Veterinary Ultrasound Market
- 11.2.5. Italy Veterinary Ultrasound Market
- 11.2.6. Rest of Europe Veterinary Ultrasound Market
11.3. Asia-Pacific Veterinary Ultrasound Market
- 11.3.1. China Veterinary Ultrasound Market
- 11.3.2. India Veterinary Ultrasound Market
- 11.3.3. Japan Veterinary Ultrasound Market
- 11.3.4. Australia Veterinary Ultrasound Market
- 11.3.5. South Korea Veterinary Ultrasound Market
- 11.3.6. Rest of Asia Pacific Veterinary Ultrasound Market
11.4. Latin America Veterinary Ultrasound Market
- 11.4.1. Brazil Veterinary Ultrasound Market
- 11.4.2. Mexico Veterinary Ultrasound Market
- 11.4.3. Rest of Latin America Veterinary Ultrasound Market
11.5. Middle East & Africa Veterinary Ultrasound Market
- 11.5.1. Saudi Arabia Veterinary Ultrasound Market
- 11.5.2. South Africa Veterinary Ultrasound Market
- 11.5.3. Rest of Middle East & Africa Veterinary Ultrasound Market

Chapter 12. Competitive Intelligence

12.1. Key Company SWOT Analysis
12.2. Top Market Strategies
12.3. Company Profiles
- 12.3.1. GE Healthcare
  - 12.3.1.1. Key Information
  - 12.3.1.2. Overview
  - 12.3.1.3. Financial (Subject to Data Availability)
  - 12.3.1.4. Product Summary
  - 12.3.1.5. Market Strategies
- 12.3.2. Esaote SpA
- 12.3.3. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- 12.3.4. Siemens Healthineers
- 12.3.5. FUJIFILM Holdings Corporation
- 12.3.6. Chison Medical Technologies Co., Ltd.
- 12.3.7. Shantou Institute of Ultrasonic Instruments Co., Ltd.
- 12.3.8. E.I. Medical Imaging
- 12.3.9. EDAN Diagnostics, Inc.
- 12.3.10. BMV Technology Co., Ltd.
- 12.3.11. Samsung Electronics Co., Ltd.
- 12.3.12. Vinno Technology
- 12.3.13. Shenzhen Ricso Technology Co., Ltd
- 12.3.14. SonoScape Medical Corp.
- 12.3.15. Interson Corporation

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes