According to the new market research report “Veterinary Imaging Market by Product (Ultrasound, Radiography, MRI, Video Endoscopy), Therapeutic Area (Oncology, Cardiology, Neurology, Orthopedic), Animal (Small Companion Animals, Large Animals), End User (Hospital, Clinic) – Global Forecast to 2022″, analyses and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Browse 292 market data tables and 63 figures spread through 279 pages and in-depth TOC on “Veterinary Imaging Market“.
http://www.marketsandmarkets.com/Market-Reports/veterinary-imaging-market-80889726.html
The veterinary imaging market is dominated by GE Healthcare (U.S.), Esaote S.p.A (Italy), and Excelsior Union Limited (Mindray Medical International Ltd.) which togather accounted for ~65% of the global market in 2016. Some of the other prominent players in this market are Fujifilm Holdings Corporation (Japan), BCF Technology, Ltd. (U.K.), Canon Inc. (Japan), and Hitachi, Ltd (Japan).
In 2016, GE Healthcare (U.S.) dominated the global veterinary imaging market. GE Healthcare’s LOGIQ and Vivid veterinary ultrasound solutions are designed for diagnostic ultrasonography of animals. In the coming years, the company intends to expand its business in the international markets mainly through strategies such as product launches and expansions. In April 2015, GE Healthcare Life Sciences introduced the pocket-sized Vscan, an ultrasound device for equine and small animal practice. This pocket-sized ultrasound tool has two transducers in a single probe, allowing clinicians to see both shallow and deep views of the body without changing probes. This launch helped the company enhance its market share.
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In addition, in August 2014, GE Healthcare Life Sciences established a new 160,000-square-foot facility in Marlborough, Massachusetts (U.S.) as the new headquarters for its U.S. operations. This facility caters to industry-leading customers and world-class academic and medical institutions, including biotechnology, pharmaceutical, diagnostic, veterinary, and medical device industries.
The top players in the global veterinary imaging market are continuously striving to increase their market share with product launches, product upgrades, and geographic expansions. Product launches and enhancements growth strategy accounted for 45.9% of the total developments adopted by players in the market from 2017 to 2022. Some players also focus on acquisitions, collaborations, and agreements with other similar companies to enhance their customer base and garner greater market shares in the coming years.
