Veterinary CT Scanner Market is expected to register a CAGR of 6.2% during the forecast period of 2019 to 2025, with a market value of USD 138.1 Million in 2018.
Veterinary CT scanners are imaging equipment, specific for pets and domestic animals, and are used for diagnosing any anomalies in them. Veterinary healthcare is gaining prominence due to the manufacturers focusing on the production of specialized formulation products and manufacturing processes. The veterinary practitioners are able to improve animal care by expanding their imaging capabilities, and thus, enhancing the safety and affordability at the same time with a device.
The global veterinary CT scanner market is driven by factors such as growing numbers of pet owners, increasing incidence of zoonotic diseases, and increasing expenditure on pet insurance. Additionally, technological advancements in veterinary imaging and increasing number of veterinary practitioners are anticipated to fuel the market growth. For instance, according to the American Society for the Prevention of Cruelty to Animals (ASPCA), around 6.5 million companion animals enter the US animal shelters nationwide each year. Out of which, about 3.3 million are dogs, and 3.2 million are cats. Approximately 3.2 million shelter animals are adopted each year including 1.6 million dogs and 1.6 million cats. On the other hand, the high cost of the device is projected to hamper the growth of the market during the assessment period.
Moreover, major companies in the market are involved in strategic acquisitions, collaborations, and mergers to retain their position in the market.
Segmentation
The Global Veterinary CT Scanner Market has been segmented based on type, slice, animal type, application, end-user, and region.
The veterinary CT scanner market, based on type, has been segmented into stationary multi-slice CT scanners and portable CT scanners. The stationary multi-slice CT scanners segment is expected to hold a major share in the market due to the rising adoption of these types of devices.
The veterinary CT scanner market, based on slice, has been segmented into 4 slice, 8 slice, 16 slice, 32 slice, and 64 slices.
The veterinary CT scanner market, based on animal type, has been segmented into small animals and large animals.
The veterinary CT scanner market, based on application, has been segmented into cancer, cardiovascular disease, infectious disease, appendicitis, trauma, musculoskeletal disorders, and others.
The veterinary CT scanner market, based on end-user, has been segmented into veterinary clinics, veterinary hospitals, and academic institutes.
Key Players
The Key Players in the Global Veterinary CT Scanner Market are Koninklijke Philips N.V., GE Healthcare, SOUND, Canon, Inc., Epica International, Inc, Siemens AG, Samsung Electronics Co. Ltd., Hitachi, Ltd., Animage, LLC, and GNI ApS, and others.
Global Veterinary CT Scanner Market, by Type
- Stationary Multi-slice CT Scanners
- Portable CT Scanners
Global Veterinary CT Scanner Market, by Slice
- 4 Slice
- 8 Slice
- 16 Slice
- 32 Slice
- 64 Slice
Global Veterinary CT Scanner Market, by Animal Type
- Small Animals
- Large Animals
Global Veterinary CT Scanner Market, by Application
- Cancer
- Cardiovascular Disease
- Infectious Disease
- Appendicitis
- Trauma
- Musculoskeletal Disorders
- Others
Global Veterinary CT Scanner Market, by End User
- Veterinary Clinics
- Veterinary Hospitals
- Academic Institutes
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