Veterinary CT scanner are primarily used to diagnose diseases in the veterinary patients and play a significant role in identification of a range of illnesses in a variety of animals. Computed tomography (CT) is best known as the study of choice for detection and staging of a wide range of human diseases. Increasingly, large veterinary centres are using CT scanners for diagnosis of disease in animals.
VETERINARY CT SCANNER MARKET OUTLOOK
The global market is estimated and forecasted in terms of revenue (USD million) generated by the veterinary CT scanner market. The veterinary CT scanner market has gained sustainable growth owing to increasing rate of pet adoption in developed developing countries and rising pet population. Furthermore, increasing number of veterinary practitioners and their income levels in developed economies and growing expenditure on veterinary healthcare are some of the major factors responsible for this growth. The market is further boosted by technological advancements in veterinary CT scanner by various vendors across the globe. However, the global veterinary CT scanner market is hampered by excessive cost of CT scanners and lack of availability of trained veterinary professionals.
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VETERINARY CT SCANNER MARKET SEGMENTAL OVERVIEW
The report analyses the veterinary CT scanner market based on type, animal type, application, end user and geography.
VETERINARY CT SCANNER MARKET BY TYPE
Based on type, the global veterinary CT scanner market is segmented into stationary multi-slice CT scanners and portable CT scanners. The stationary multi-slice CT scanner are sub segmented into mid-end CT scanners, high-end CT scanners and low-end CT scanners. Among all types, the stationary multi-slice CT scanners segment accounted for the largest share of the veterinary CT scanner market. This growth of this segment is mainly attributed to the high demand of multi-slice CT scanners amongst animal hospitals, clinics, and diagnostic imaging centres.
VETERINARY CT SCANNER MARKET BY ANIMAL TYPE
Furthermore, based on animal type, this market is segmented into, small companion animals and equine and livestock. The small companion animals segment dominated the global veterinary CT scanner market in 2017 due to increasing adoption of companion animals and rising demand for pet insurance.
VETERINARY CT SCANNER MARKET BY APPLICATION
Based on application, this market is categorized into neurology, oncology, orthopaedics traumatology and other. other applications include cardiology gastroenterology. In 2017, neurology segment held the largest share of this market, due to the rising prevalence of common brain and spinal cord diseases among various animals.
VETERINARY CT SCANNER MARKET BY END USER
Furthermore, the market is also segmented into end user which includes veterinary hospitals clinics and university teaching hospitals academic institutes. The veterinary hospital clinic segment lead the global veterinary market in 2017 and is anticipated to register for highest CAGR during the forecast period. Increasing number of veterinarians and growing number of veterinary practices are the primary factors leading to the growth of veterinary hospital clinic segment in the global veterinary CT scanner market.
VETERINARY CT SCANNER MARKET BY GEOGRAPHY
By geography, veterinary CT scanner market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. North America is estimated to account for the largest share, followed by Asia-Pacific. Factors such as growing expenditure on animal healthcare, increasing number of veterinary practitioners are propelling the growth of the market in North America.
VETERINARY CT SCANNER MARKET KEY PLAYERS
Some of the market players in the global veterinary CT scanner market include, General Electric Company, CANON MEDICAL SYSTEMS CORPORATION, Epica Medical Innovations, Siemens Healthcare Private Limited, NeuroLogica Corp, Koninklijke Philips N.V, Hitachi, Ltd., Animage, LLC, Cefla SC, Gin ApS, etc. Furthermore, strategies such as expansions, as well as partnerships and agreements were also implemented by numerous market players to expand their RD competences and geographic presence in the global market.
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