animal health – Page 3 – Market Research Insights

Veterinary Pain Management Market Projected To Expand At A CAGR 5.3%For The Forecast Period From 2019 To 2026: Grand View Research Inc.

San Francisco, 27 April 2020: The Report Veterinary Pain Management Market Size, Share & Trends Analysis Report By Product (NSAIDs, Anesthetics), By Indication, By Animal Type (Companion, Livestock), By End Use, And Segment Forecasts, 2019 – 2026

The global veterinary pain management market size is expected to reach USD 1.73 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Growing companion adoption and incidence of veterinary diseases is expected to boost the growth. Moreover, increasing income in the developing countries is another growth driver. For instance, according to the American Veterinary Medical Association (AVMA) in 2017, around 46% household had multiple types of pets in U.S.

North America held the dominant share of the veterinary pain management market in 2018, due to the favorable pet insurance policies and strategic initiatives adopted by various companies operating in the region. For instance, in August 2018, Zoetis Inc. acquired Abaxis in a probe to expand its veterinary products portfolio.

Increasing number of veterinary practitioners are anticipated to create growth opportunities in the market. High prevalence of chronic diseases such as cancer, diabetes, and osteoarthritis among others. These factors are projected to propel the market in the forthcoming years.

Furthermore, key players are implementing newer strategies such as product launch, merger and acquisitions, regional expansions etc. for increasing their foothold in the market. For instance, in March 2016, Dechra Pharmaceuticals acquired Putney in order to improve its animal product portfolio. In October 2018, Boehringer Ingelheim invested USD 80 million for R&D pertinent to veterinary vaccines in France. Moreover, increasing pet insurance coverage are further fueling the market growth.

Access Research Report of Veterinary Pain Management Market @ https://www.grandviewresearch.com/industry-analysis/veterinary-pain-management-market

Further key findings from the report suggest:

NSAIDs accounted for the largest market share in terms of revenue in 2018, owing to the increasing incidence of chronic diseases
Companion animal segment is expected to exhibit lucrative growth over the forecast period owing to rise in pet adoption and expenditure for better pet care
Osteoarthritis (OA) segment is expected to hold the largest market share in terms of revenue due to increasing incidence of obesity which propels the risk for OA
Post-operative pain segment is expected to exhibit lucrative growth over the forecast period due to the increasing number of surgeries for chronic disorders
Asia Pacific is anticipated to witness lucrative growth due to rise in pet adoption and expendable income, especially in Japan and India
Some of the key companies operating in the veterinary pain management market are Zoetis, CEVA, Boehringer Ingelheim GmbH, Bayer, Merck, and Elanco.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/animal-health

Grand View Research has segmented the global veterinary pain management market on the basis of product, indication, animal type, end use, and region:

Veterinary Pain Management Product Outlook (Revenue, USD Million, 2014 – 2026)

NSAIDs
Anesthetics
Opioids
Others

Veterinary Pain Management Indication Outlook (Revenue, USD Million, 2014 – 2026)

Osteoarthritis
Post-operative pain
Others

Veterinary Pain Management Animal Type Outlook (Revenue, USD Million, 2014 – 2026

Livestock animal
Companion Animal

Veterinary Pain Management End Use Outlook (Revenue, USD Million, 2014 – 2026)

Hospitals & Clinics
Others

Veterinary Pain Management Regional Outlook (Revenue, USD Million, 2014 – 2026)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Veterinary Anti-infectives Market Estimated To Flourish At USD 8.5 Billion By 2026 : Grand View Research Inc.

San Francisco, 16 March 2020: The Report Veterinary Anti-infectives Market Size, Share & Trends Analysis Report By Animal Type, By Product (Antibacterial, Antifungal, Antiviral) By Route of Administration, By Distribution Channel, And Segment Forecasts, 2019 – 2026

The global veterinary anti-infectives market size is anticipated to reach at USD 8.5 billion by 2026, registering a 6.4% CAGR during the forecast period, according to a new report published by Grand View Research, Inc. Rising prevalence of zoonotic diseases and bacterial infection, such as bovine TB, anthrax, and animal flu, is the key market driver. These diseases possess higher threat not only to animals but also to humans as they are food-borne, vector-borne, and communicable by direct and indirect contact. As per the Centers for Disease Control and Prevention (CDC) 2018, salmonella was the most common bacteria affecting the humans, especially the vets. The incidence and mortality rate might approach 100% during salmonella outbreaks. Antibiotics are used as an effective treatment for such outbreaks. This factor is anticipated to drive the market in near future.

Pharma giants are heavily investing in veterinary health R&D to not only address the growing disease burden but also to provide a better veterinary healthcare system. For instance, Zoetis increased their R&D fund from USD 382 million in 2017 to USD 432 million in 2018. Boehringer Ingelheim also invested around USD 41.90 million in 2018 for establishing new R&D facilities and for expanding their existing plants. The company also initiated 400 more clinical trials gloabally.

Groundbreaking technological advancements are rapidly transforming the veterinary anti-infectives market and are producing lucrative potentials for key participants. Some of the major market players are Merck & Co. Inc.; Zoetis; Boehringer Ingelheim; Ceva Santé Animale; Virbac; and others which account for a substantial market share, owing to their extensive product portfolio. Adoption of big data in livestock farming and wearable technologies to monitor pet health, are some of the notable strategic initiatives adopted by the market players.

Access Research Report of Veterinary Anti-infectives Market @ https://www.grandviewresearch.com/industry-analysis/veterinary-anti-infectives-market

Further key findings from the study suggest:

Livestock held the dominant market share in 2018, due to important socio-cultural and economic roles of livestock, such as income and employment source, food supply, livelihood, agricultural diversification and sustainable agriculture
Antibacterial segment held the largest market share in 2018, due to rising consumption of antibacterial drugs to curb the outbreaks of zoonotic diseases, globally
Oral route of administration is the most preferred method and the segment held the dominant market share in 2018, due to the ease and comfort of administration through this method
E-commerce segment is anticipated to witness rewarding CAGR over the forecast period due to convenience provided to pet and livestock owners reluctant to purchase medicines from retail or hospital pharmacies
Zoetis, Vetiquinol, Merck, Boehringer Ingelheim GmbH, and Ceva Santé Animale are some of the major market participants due to their extensive product offerings and regional presence
Companies are adopting different strategies, such as new product development, partnerships, mergers and acquisitions, strategic collaborations, and regional penetration to gain competitive advantage

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/animal-health

Grand View Research has segmented veterinary anti-infectives market on the basis of the animal type, product, route of administration, distribution channel, and reigon:

Veterinary Anti-infectives Animal Type Outlook (Revenue, USD Million, 2014 – 2026)

Livestock
- Poultry
- Swine
- Cattle
- Sheep & Goats
- Fish
- Others
Companion animal
- Dog
- Cat
- Others

Veterinary Anti-infectives Product Type Outlook (Revenue, USD Million, 2014 – 2026)

Antibacterial
- Cephalosporins
- Tetracyclines
- Penicillins
- Macrolides
- Others (Quinoles, sulfonamides, Polymyxins)
Antifungals
Antivirals
Others

Veterinary Anti-infectives Route of Administration Outlook (Revenue, USD Million, 2014 – 2026)

Oral
Injectables
Others

Veterinary Anti-infectives Distribution Channel Outlook (Revenue, USD Million, 2014 – 2026)

Veterinary Clinics
Retail Pharmacies
E-commerce

Veterinary Anti-infectives Regional Outlook (Revenue, USD Million; 2014 – 2026)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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About Grand View Research

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Veterinary Stereotactic Radiosurgery Systems Market Poised To Augment The Industry At USD 4.4 Billion By 2026: Grand View Research Inc.

San Francisco, 16 March 2020: The Report Veterinary Stereotactic Radiosurgery System Market Size, Share & Trends Analysis Report By Modality Type (Gamma Knife, Linear Accelerator, Particle Beam Radiation therapy, Cyber Knife), And Segment Forecasts, 2019 – 2026

The global veterinary stereotactic radiosurgery systems market size is anticipated to reach USD 4.4 billion by 2026, according to a new report published by Grand View Research, Inc. It is expected to expand a CAGR of 11.4% during the forecast period. Rising prevalence of cancer in pets coupled with rising pet ownership and pet owners’ willingness to spend on pet health is expected to drive the market.

According to the Animal Cancer Foundation in 2018, approximately 85% to 98% of primary bone tumors in dogs are osteosarcoma, which is similar to childhood and adolescent osteosarcoma in humans. This disease requires urgent and effective treatment like Stereotactic Radiosurgery (SRS). High prevalence of such diseases is anticipated to drive the growth of the market. Technological advancements in veterinary stereotactic radiosurgery systems coupled with their advantages of Stereotactic Radiotherapy (SRT) over conventional curative radiation therapy are anticipated to further propel the growth. The surgery increases canine survival rate in canines, is further fueling the market growth. For instance, the American College of Veterinary Radiology published a study titled, Safety and Feasibility of Stereotactic Radiotherapy Using Computed Portal Radiography for Canine Intracranial Tumors in 2017. The study concluded that dogs with neurological diseases treated with SRT had a median survival time of 361 days.

The players operating in the veterinary stereotactic radiosurgery system market are collaborating with veterinary professionals and hospitals, in an attempt to increase awareness pertaining to stereotactic radiosurgery system. For instance, in September 2017, SAGE veterinary specialty and emergency animal hospital in Campbell, partnered with PetCure Oncology. The hospital used Halcyon machine, engineered by Varian Medical Systems and also delivered the first SRT treatment to dogs.

Access Research Report of Veterinary Stereotactic Radiosurgery Systems Market @ https://www.grandviewresearch.com/industry-analysis/veterinary-stereotactic-radiosurgery-system-market

Further key findings from the report suggest:

Particle Beam Radiation Therapy (PBRT) accounted for the largest market share in terms of revenue in 2018, owing to increasing adoption of the product in for neuroscience research in animals
North America held the dominant market share in 2018, due to the factors, such as favorable government policies, new product launches, and rising investment in pet cancer diagnostics
Latin America is anticipated to witness lucrative growth due to rising pet population, adoption of companion animals coupled with urgent need for effective cancer treatment for pets
Key companies operational in the veterinary stereotactic radiosurgery system market are PetCure Oncology, Elekta AB, Accuray, and Varian Medical Systems among others

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/animal-health

Grand View Research has segmented the global veterinary stereotactic radiosurgery systems market on the basis of product and region:

Veterinary Stereotactic Radiosurgery System Product Outlook (Revenue, USD Million, 2015 – 2026)

Gamma Knife
LINAC
PBRT
Cyber Knife

Veterinary Stereotactic Radiosurgery System Regional Outlook (Revenue, USD Million; 2015 – 2026)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Pet Wearable Market Size Is Projected To Reach USD 4.6 Billion By 2027 : Grand View Research Inc.

San Francisco, 11 March 2020: The Report Pet Wearable Market Size, Share & Trends Analysis Report By Technology (RFID, GPS, Sensors), By Application (Identification & Tracking, Medical Diagnosis & Treatment), By Region, And Segment Forecasts, 2020 – 2027

The global pet wearable market size is estimated to reach USD 4.6 billion by 2027, registering a CAGR of 14.3% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing concerns toward companion animals’ health and wellbeing, coupled with rising pet humanization and population, is anticipated to be the key factor driving the growth of the market over the forecast period. In addition, increasing expenditure on pet consumables and rising demand for identification and tracking devices are some of the key factors driving the market growth.

According to the American Pet Products Association (APPA), the expenditure on companion animals in U.S. is expected to be USD 72.1 billion in 2018. Several advancements in technology is expected to lead to an increased demand for these wearables over the forecast period. Wearables are capable of continuously tracking health-related parameters such as body temperature, calorie intake, and Heart Rate Variability (HRV). Moreover, sensor technology is integrated into wearable devices to monitor and measure health metrics such as heart rate and respiration levels. It also enables pet owners to check disease symptoms, store medical records in the cloud, and set goals and reminders.

Moreover, growing reliance on pets for companionship, mental wellbeing, fitness, and entertainment has led to an increased spending on companion animals. The availability of advanced technology-based devices to monitor health by gathering vital information is expected to drive the pet wearable market growth. Furthermore, increasing adoption of companion animals in emerging economies such as India and China would offer several opportunities for market growth in the Asia Pacific region over the forecast period. On the other hand, North America dominated the global market in 2019 owing to the increasing awareness of the importance of pet health. Moreover, high penetration of fitness and activity monitoring devices and increased spending on companion animals is anticipated to drive the regional market growth.

Key industry players include Allflex USA Inc.; Avid Identification Systems, Inc.; Datamars; Fitbark; Garmin Ltd., Intervet Inc.; Invisible Fence; and Konectera Inc. Key players in the market focus on research and development activities to develop innovative products to expand their product offerings. In addition, companies adopt strategies such as collaborations, expansions, and acquisitions to strengthen their position in the global market.

Access Research Report of Pet Wearable Market @ https://www.grandviewresearch.com/industry-analysis/pet-wearable-market

Further key findings from the study suggest:

The RFID segment dominated the market with a share of 39.9% in 2019, as RFID technology is considered more accurate and reliable, and helps authenticate products and store information
The identification and tracking segment dominated the market in 2019 and is projected to reach USD 2.8 billion by 2027 as tracking wearable devices can play a significant role in finding lost or stolen pets
The Asia Pacific pet wearable market is estimated to register the highest CAGR of over 17.0% from 2020 to 2027 owing to increasing awareness regarding pet fitness and health in countries such as India and Australia
Key industry players include PetPace LLC; Whistle Labs, Inc.; Tractive; Garmin International, Inc.; and FitBark.

Access Blog of Pet Wearable Market @: https://www.grandviewresearch.com/blog/pet-wearables-market

Grand View Research has segmented the global pet wearable market on the basis of technology, application, and region:

Pet Wearable Technology Outlook (Revenue, USD Million, 2016 – 2027)

RFID
GPS
Sensors

Pet Wearable Application Outlook (Revenue, USD Million, 2016 – 2027)

Identification & Tracking
Behavior Monitoring & Control
Facilitation, Safety & Security
Medical Diagnosis & Treatment

Pet Wearable Regional Outlook (Revenue, USD Million, 2016 – 2027)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

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About Grand View Research

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Veterinary Artificial Insemination Market Poised To Augment The Industry At USD 2.5 Billion By 2026 : Grand View Research Inc.

San Francisco, 6 March 2020: The Report Veterinary Artificial Insemination Market Size, Share & Trends Analysis Report By Animal Type (Cattle, Swine, Sheep, Canine), By Product (Normal & Sexed Semen), By End-use (Vet Hospitals & Clinics), By Region, And Segment Forecasts, 2019 – 2026

The global veterinary artificial insemination market size is expected to reach USD 2.5 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.1%. The market for Artificial Insemination (AI) is anticipated to witness rise in demand owing to increasing consumption of animal protein and growing demand for high cattle productivity & milk yield. To fulfill the continuously increasing demand, market players are adopting AI to breed high-quality livestock and enhance production. The demand has increased over the years, owing to rising prevalence of various animal diseases, such as zoonotic diseases, and growing adoption of pet & companion animals.

According to Food and Agriculture Organization (FAO) publication 2017, livestock was almost 40% of the global value of agricultural output, and it provides food security and livelihood to more 1.5 billion people worldwide. However, increasing land requirement for grazing these animals is a major concern. Public awareness regarding environmental concerns has resulted in a shift toward white meat consumption and rise in preference for vegetarian diet, increasing the demand for milk & its products. Favorable government regulations, intended to improve productivity, are also leading to growth; for instance, Animal Improvement Program, launched in 2014, by Animal Genomics and Improvement Laboratory (AGIL) that is an agricultural research service organization of U.S.DA. The program aims at improving productivity of dairy animals and ruminants.

The veterinary artificial insemination market follows the standards set by International Society of Artificial Insemination (ISAG) and leading animal research laboratories, such as The University of California Davis (U.C. Davis). The ISAG standard panel consists of 18 STR markers and any company in AI needs to follow the panel and standard set by the authority. However, increasing population is expected to pose continuous challenge to food availability and animal protein requirement, aiding growth.

Access Research Report of Veterinary Artificial Insemination Market @ https://www.grandviewresearch.com/industry-analysis/veterinary-artificial-insemination-market

Further key findings from the report suggest:

Cattle segment was the largest revenue-generating segment in 2018, owing to the increasing consumption of milk and its products in Asian countries
The normal semen segment accounted for the largest revenue share in the products segment in 2018, owing to the low cost of the procedure
In the end-use segment, the veterinary hospitals accounted for the largest share and is expected to maintain its dominance throughout the forecast period. Increasing pet adoption is a major factor leading to growth of this segment
Sexed semen usage is expected to grow at a higher rate during the forecast period. In 2016, ST Genetics produced 4 million X chromosome into an AI straw.
Company sells sexed semen for five species of animals, including cattle, deer, sheep, horses, and goats. The rate of semen straws ranges between USD 65 and USD 250 a piece, depending on the quality, species, and use of the animal
Asia Pacific was the leading regional sector and accounted for the largest revenue share in 2018, mainly due to the large cattle population in the region
Some of the major players in veterinary artificial insemination market are Genus Plc, Select Sire, Semex, Swine Genetics, Zoetis, Hendrix Genetics Corporate, and Animal Genetics among others.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/animal-health

Grand View Research has segmented the global veterinary artificial insemination market on the basis of animal type, product, end use, and region:

Veterinary Artificial Insemination Animals Type Outlook (Revenue, USD Million, 2014 – 2026)

Cattle
Swine
Sheep
Canine
Others

Veterinary Artificial Insemination Product Outlook (Revenue, USD Million, 2014 – 2026)

Normal Semen
Sexed Semen

Veterinary Artificial Insemination End-use Outlook (Revenue, USD Million, 2014 – 2026)

Veterinary Hospitals
Veterinary Clinics
Others

Veterinary Artificial Insemination Regional Outlook (Revenue, USD Million, 2014 – 2026)

North America
Europe
Asia Pacific
Latin America
MEA

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About Grand View Research

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Pet Insurance Market Size Is Projected To Reach USD 14.9 Billion By 2028: Grand View Research Inc.

San Francisco, 6 March 2020: The Report Pet Insurance Market Size, Share & Trends Analysis Report By Product (Accident and Illness, Accident Only), By Animal Type (Dogs, Cats), By Sales Channel (Broker, Agency), By Region, And Segment Forecasts, 2019 – 2028

The global pet insurance market size is expected to reach USD 14.9 billion by 2028, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 16.3%. Rapidly growing consumer awareness and product acceptance has benefited the market. According to Department of Clinical Veterinary Science (CVS) and Pet Food Institute (PFI), 30.0% of the pets in Sweden and almost 23.0% of the pets in the U.K. are covered by these insurance policies. However, less than 1.0% of the pets in the U.S. are insured.

Industry operators or players in pet insurance primarily compete with consumers who choose to self-fund pet medications and veterinary costs. However, with increasing availability of advanced technology and growing usage of veterinary services, costs are expected to increase. This increase in costs and with marketing efforts by players, the adoption of pet insurance has increased.

The market is growing as veterinary care is expensive and many owners cannot afford it; however, with insurance, they can claim around 90.0% of veterinary bills. Besides, rise in number of pet injuries and prevalence of diseases is also aiding growth. As per veterinary records, 2017, almost one in every three pets need urgent veterinary care every year. Furthermore, new strategies being undertaken by players are expected to aid further growth. For instance, MoreThan, a pet insurance company, in 2019, formed a partnership with PitPat, the dog activity monitor manufacturer, offering cash rewards of up to USD 112 to owners who exercised their pets regularly.

Access Research Report of Pet Insurance Market @ https://www.grandviewresearch.com/industry-analysis/pet-insurance-market

Further key findings from the study suggest:

Agency held the dominant share of the sales channel segment as of 2018, owing to large customer base
Bancassurance is anticipated to exhibit lucrative growth over the forecast period. The key driver includes large and established bank network across the globe
Dog insurance segment was the dominant application in 2018. Increase in the number of dog owners across the globe is the key driver for this segment
The cat’s segment is anticipated to grow at an exponential rate throughout the forecast period. Cats are increasingly being adopted in Canada and preferred over dogs
On basis of product, accident and illness insurance had the largest share as of 2018. The key drivers of the segment are high veterinary treatment & diagnostic costs, rise of companion animal population, and increase in awareness about pet insurance
The key drivers of the segment include increasing health issues in animals and high treatment costs
In 2018, Europe held a dominant share of the regional segment.
North America held the second largest revenue share as of 2018. The key drivers of the pet insurance market are a rise in companion animal population and increase in awareness
Some key players are Petplan Limited; Trupanion, Inc.; Nationwide Mutual Insurance Company; Hartville Group, Inc.; Pethealth, Inc.; PetFirst Healthcare LLC; Royal & Sun Alliance Insurance Company of Canada, Inc.; and Embrace Pet Insurance Agency, LLC

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/animal-health

Grand View Research has segmented the pet insurance market on the basis of the product, animal type, sales channel and region:

Pet Insurance Product Outlook (Revenue, USD Million, 2014 – 2028)

Accident and Illness
Accident Only

Pet Insurance Animal Type Outlook (Revenue, USD Million, 2014 – 2028)

Dogs
Cats
Others

Pet Insurance Sales Channel Outlook (Revenue, USD Million, 2014 – 2028)

Agency
Broker
Bancassurance
Direct Writing

Pet insurance Regional Outlook (Revenue, USD Million, 2014 – 2028)

North America
Europe
Asia Pacific
Central & South America
MEA

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Veterinary Imaging Market Poised To Augment The Industry At USD 3.3 Billion By 2026: Grand View Research Inc.

San Francisco, 17 February 2020: The Report Veterinary Imaging Market Size, Share & Trends Analysis By Product (Instrument, Reagents, Services, PACS), By Animal Type (Small Companion Animals, Large Animals), By End Use, By Application, And Segment Forecasts, 2019 – 2026

The global veterinary Imaging market size is expected to reach USD 3.3 billion by 2026, according to a new report by Grand View Research, Inc. Expanding at a CAGR of 6.8% over the forecast period. The veterinary medicine field experienced immense technological developments in the last 20 years. Various technologies of human medical practice are being adopted for diagnosis and treatment of animals. Advancements in technologies are expected to fuel growth. For instance, launch of portable imaging equipment with battery charge is propelling the adoption of these systems in the following years.

Magnetic resonance imaging (MRI) and ultrasound analysis are some of the advanced technologies. MRIs are effective in the prognosis of human neurological disorders. These days, veterinarians are using MRIs for the examination of animal brains. This technology also helps in diagnosing soft tissues and orthopedic structure of an animal’s body. MRI has applications in cardiology for studying heart diseases.

Imaging devices help veterinarians and technicians in the diagnosis and management of zoonotic diseases. These instruments also assist in the diagnosis of injuries. Increasing adoption of advanced technologies coupled with growing awareness about animal health are some of the factors expected to propel market growth in the coming years. For example, University of Pennsylvania’s School of Veterinary Medicine was the first to use EQUIMAGINE, a diagnostic tool for horses. This device has 2 imaging C-arms that help in scanning all body parts of a horse. It also captures 2D CT images. This system is also currently being used in the diagnosis of diseases that affect horses.

Access Research Report of Veterinary Imaging Market @ https://www.grandviewresearch.com/industry-analysis/veterinary-imaging-market

Further Key Findings From the Study Suggest:

Increasing demand for minimally invasive diagnostic tools to reduce mortality and morbidity is anticipated to fuel the market growth.
Instruments held the dominant share owing to their increasing adoption in reference laboratories and other animal healthcare facilities
The MRI segment is expected to witness lucrative growth in the coming years owing to rising awareness about their benefits in animal disease diagnosis
Multi-slice CT scan systems are anticipated to gain popularity over the forecast period
Small companion animals held the dominant share as of 2018 owing to increasing adoption of pets and concern about their well-being
Veterinary hospitals accounted for the largest revenue share as of 2018 due to increase in adoption of imaging devices in animal health care facilities
The North America veterinary imaging market held the dominant share as of 2018 owing to increasing number of animal healthcare settings and awareness among pet owners in this region
Asia Pacific regional industry is expected to grow at a lucrative CAGR owing to increase in the number of veterinary care facilities and investments in animal healthcare
IDEXX Laboratories, Inc.; SOUND; GE Healthcare; and Toshiba Corporation held the dominant share of the market owing to their wide offerings of technologically advanced products and regional presence
Competitors are adopting strategies such as launch of new products, mergers & acquisitions, and regional expansion to gain competitive advantage

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented veterinary imaging market on the basis of the product, animal type, application, end use, and region:

Veterinary Imaging Product Outlook (Revenue, USD Million, 2014 – 2026)

Instrument
- Radiography X-ray
  - Direct (Capture) Radiography
  - Computed Radiography
  - Film-based Radiography
- Ultrasound Imaging
  - 2D Ultrasound Imaging
  - 3D/4D Ultrasound Imaging
  - Doppler Imaging
- MRI
- CT Imaging
  - Multi-slice CT
  - Single-slice CT
- Video Endoscopy Imaging
- Others
Reagent
- Ultrasound Contrast Regents
- MRI Contrast Regents
- X-Ray/CT Contrast Reagents
- Nuclear Imaging
Services
- Interventional Radiology & Endoscopy
- Teleradiology
- Advanced Imaging Services
Veterinary PACS
- RIS PACS
- CVIS PACS

Veterinary Imaging Animal Type Outlook (Revenue, USD Million, 2014 – 2026)

Small Companion Animals
Large Animals
Others

Veterinary Imaging Application Outlook (Revenue, USD Million, 2014 – 2026)

Orthopedics and Traumatology
Oncology
Cardiology
Neurology
Others

Veterinary Imaging End-use Outlook (Revenue, USD Million, 2014 – 2026)

Hospitals/Clinics
Reference Laboratories
Others

Veterinary Imaging Regional Outlook (Revenue, USD Million, 2014 – 2026)

North America
Europe
Asia Pacific
Latin America
MEA

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Veterinary Services Market Value To Reach USD 142.04 Billion By 2025 : Grand View Research Inc.

San Francisco, 14 February 2020: The Report Veterinary Services Market Analysis Report By Animal Type (Production (Poultry, Cattle, Swine), Companion (Cats, Dogs, Equine)), By Region (APAC, North America, Europe), And Segment Forecasts, 2018 – 2025

The global veterinary services market size is expected to reach USD 142.04 billion by 2025, according to a new report by Grand View Research, Inc., experiencing a CAGR of 5.6% during the forecast period. Rising concerns regarding food security and safety are encouraging adoption of veterinary services worldwide. In addition, increasing pet adoption is one of the primary growth stimulants for the market.

In addition, advent of risk-based management systems, designed to analyze real-time fluctuations in food-borne and zoonotic disease prevalence, is widening the scope for growth of veterinary services market. Veterinary services play a critical role in risk aversion and facilitates implementation of various guidelines issued by regulatory authorities to maintain overall food safety. It also facilitates investigation of animal disease outbreaks and implementation of remedial measures after identification of an outbreak. The aforementioned factors are expected to help the market gain tremendous momentum over the coming years.

Access Research Report of Veterinary Services Market @ www.grandviewresearch.com/industry-analysis/veterinary-services-market

Further key findings from the report suggest:

Production animal accounted for the largest share in the market in 2017 owing to high adoption of facilities for livestock to maintain biosecurity
Cattle was the leading revenue contributor among production animals in 2017 owing to increasing penetration of services such as hoof care and artificial insemination
The companion animals segment is projected to expand at a lucrative rate during the forecast period owing to unprecedented increase in their adoption for associated health benefits for humans such as greater psychological stability, lower blood pressure, and reduced anxiety attacks
North America dominated the global veterinary services market in 2017 as a result of local presence of private veterinarians that directly supply these services to consumers
Asia Pacific is anticipated to register an exponential CAGR during the same period owing to strong clinical urgency to curb high incidence of zoonotic diseases and management of sudden disease outbreaks such as Ebola and swine influenza
The market is highly fragmented in nature and the key participants adopt strategies such as regional expansion to gain competitive advantage. For instance, in June 2018, Mars Petcare acquired AniCura and Linnaeus to broaden its geographical presence in the U.K. and Sweden respectively.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/clinical-diagnostics

Grand View Research has segmented the global veterinary services market on the basis of animal type and region:

Veterinary Services Animal Type Outlook (Revenue, USD Million, 2014 – 2025)

Production Animal
- Cattle
  - Artificial Insemination
  - Hoof Care
  - Diagnostic Services
  - Others
- Poultry
  - Biosecurity
  - Reproductive Consulting
  - Diagnostic Services
  - Others
- Swine
  - Biosecurity
  - Reproductive Consulting
  - Diagnostic Services
  - Others
- Others
Companion Animal
- Dogs
  - Dental Care
  - Vaccinations
  - Grooming
  - Diagnostic Services
  - Others
- Cats
  - Dental Care
  - Vaccinations
  - Grooming
  - Diagnostic Services
  - Others
- Horses
  - Hoof Care
  - Dental Care
  - Artificial Insemination
  - Grooming
  - Others
- Others

Veterinary Services Regional Outlook (Revenue, USD Million, 2014 – 2025)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Access Press Release of Veterinary Services Market @ www.grandviewresearch.com/press-release/global-veterinary-services-market

About Grand View Research

For More Information: www.grandviewresearch.com

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