In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the Veterinary Ultrasound Market
It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, technology perspectives, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.
The rising demand for pet insurance and increasing pet care expenditure. Moreover, untapped emerging markets in developing countries are creating lucrative opportunities for the market players.
𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐆𝐫𝐚𝐛 𝐏𝐃𝐅 @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10482074
The veterinary ultrasound market has been negatively impacted by the pandemic, and this trend is expected to continue till December 2021. Unfavorable changes in regulations and guidelines are hampering the growth of this market.
According to data from the AVMA Census of Veterinarians and Veterinary Practice Owners, veterinarians saw fewer patients per hour, and average productivity declined by almost 25% in 2020, compared with 2019. During the pandemic’s earliest months, veterinary practices operated as essential businesses, seeing only urgent cases. This created a substantial backlog in wellness visits. As restrictions loosened, patients started returning for routine examinations and preventive care.
However, it is seen that the market has begun to gradually rise, as expected, from the late second half of 2020. This can be attributed to the increase in the number of ultrasound procedures resulting from the clearing of the backlog, as well as new cases, and fully reopened healthcare services.
The growing number of veterinarians, especially in developed economies, is one of the major factors driving the growth of the veterinary ultrasound and its sub-markets. In addition, the income of veterinarians in developed countries has increased in the last few years.
Read Full Press Release @ https://www.prnewswire.com/news-releases/veterinary-ultrasound-market-worth-456-million-by-2026–exclusive-report-by-marketsandmarkets-301420837.html
