Animal Ultrasound Market

Global Animal Ultrasound Market Size, Trends & Analysis - Forecasts to 2026 By Type (2-D Ultrasound Imaging, 3-D/4-D Ultrasound Imaging, Doppler Imaging), By Animal Type (Small Companion Animals, Large Animals), By Technology (Digital Imaging, Contrast Imaging), By Scanner Type (Cart-Based Ultrasound Scanners, Handheld Ultrasound Scanners), By Application (Orthopedics, Oncology, Cardiology, Obstetrics & Gynaecology, Others), By End-User (Veterinary Hospitals & Clinics, Others), By Region (By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Healthcare
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This report was recently updated on February 15 2024 with the latest and most recent market numbers

Animal Ultrasound Market Size

The global animal ultrasound market is projected to grow from USD 0.30 billion in 2021 and is expected to reach USD 0.46 billion by 2026 at a CAGR of 8.7% from 2021 to 2026.

Animal ultrasound scanners are imaging machines that aid in the diagnosis of diseases and problems in animals. These diagnostic devices use high frequency sound waves that produce the ultrasound image which can be then useful for the healthcare provider to interpret the diagnostic procedure. These are used to examine the size of an animal's blood vessels, organs and arteries, pregnancy scans, musculoskeletal and circulatory scans, and the detection of any undesired tumours in the body.

Rising demand for animal safety and health, combined with increased consumer expenditure on pets and commercial animals, are causing a surge in demand for veterinary ultrasound scanners. Moreover, rising support from the government in terms of insurance, and investments in the veterinary healthcare industry, is also supporting the growth of the animal ultrasound market.

Technological improvements and an increase in the number of veterinary professionals in emerging nations and rising prevalence of zoonotic infection in pets are driving the demand for veterinary ultrasound scanners.

The COVID-19 outbreak has had a negative impact on the market for veterinary ultrasonography. Supply chain interruptions and fluctuating prices of medical devices for clinical trials have hampered the overall growth of the animal ultrasound market. As per the AVMA Survey of Doctors and Veterinary Practice Owners, vets saw fewer patients per hour in 2020 than they did in 2019, and the total consultation visits was around 25%.

global animal ultrasound market

Animal Ultrasound Market: By Type

Based on type, the market is segmented into 2-D Ultrasound Imaging, 3-D/4-D Ultrasound Imaging, and Doppler Imaging. The market for the 2-D ultrasound imaging segment is expected to have the largest share during the forecast period. The broad adoption of such technologies in prenatal screening and disease diagnostics is linked to the segment's rise.

Furthermore, the lower cost comparison to other methods of ultrasounds is likely to drive market expansion.

Animal Ultrasound Market: By Animal Type

Based on animal type, the market is segmented into small companion animals, and large animals. The market for small companion animal’s segment is estimated to have the largest share in the market. This is mainly because of the rising pet adoption activity, availability of improved treatment, and rising demand for minimally invasive surgical techniques for diagnosis and techniques.

Animal ultrasound deployment in large animals, is expected to increase substantially, due to a rising use of non - invasive diagnostic imaging technology, modern radiography equipment, projections, and film-screen combinations by veterinarians.

Animal Ultrasound Market: By Technology

 Based on the technology, the market is segmented into digital imaging, and contrast imaging. The market for contrast imaging segment is expected to have a lion’s share in the market during the forecast period of 2021 to 2026. The growth can be attributable to significant penetration latest technology in the veterinary hospitals and clinics, and rising support from insurance providers for pet healthcare procedures. Moreover, the wide application of contrast imaging in cardiac functioning is also one of the prime reasons for the technology to grow the fastest.

Animal Ultrasound Market: By Scanner Type

Based on the scanner type the market is segmented into cart-based ultrasound scanners, handheld ultrasound scanners. The market for cart-based ultrasound scanners segment is expected to have the largest share during the forecast period. The increased acceptance of these devices in vet clinics, hospitals, and specialty clinics due to their ease of use is attributable to the segment's growth. Moreover, technological developments by prominent market participants such as IMV imagery, Sonosite, and Celtic SMR for cart-based ultrasound systems are likely to drive the market growth throughout the forecast period.

Animal Ultrasound Market: By Application

Based on application, the market is segmented into orthopedics, oncology, cardiology, obstetrics & gynecology, others. The market for cardiology segment is anticipated to have the largest share in the market during the forecast period. The increased incidences of cardiac diseases in animals is likely to fuel market expansion. As per Merck Sharp & Dohme Corp., ~10% of livestock checked by vets in June 2018 had coronary artery disease.

The oncology segment is also expected to grow rapidly during the forecast period. This is mainly due to increasing cancer prevalence amongst pet animals, rising cancer specific research projects across the globe, booming governmental reforms to promote Innovative capabilities, and rapidly rising pet owner expenditure on animal health insurance.

Animal Ultrasound Market: By End-user

Based on end-user, the market is segmented into veterinary hospitals & clinics, and others. The market for veterinary hospitals & clinics segment is predicted to have the largest share in the market during the forecast period. This is attributed to the increasing presence of trained and skilled health practitioners, as well as the rising adoption of modern equipment and services by the top hospitals and clinics.

asia pacific animal ultrasound market

Animal Ultrasound Market: By Region

As per the geographical analysis, the market can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central South America.

The North American region is expected to hold the lion’s share of the global revenue generated in the market. Rising pet adoption trend, superior healthcare facilities for pet and commercial animals, high prevalence of cancer and cardiac diseases, and rising cases of road accidents can all be attributable to market’s growth. Asia Pacific is expected to be the fastest growing segment in the market.

Animal Ultrasound Market Share and Competitor Analysis

Carestream Health, IDEXX, Sound, Esaote SpA, BCF (IMV Imaging), Hallmarq Veterinary Imaging, Fujifilm Sonosite, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Heska Corp., Siemens Medical Solutions, among others are the top players in animal ultrasound market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Methodology

1.1    Market Scope & Definitions

1.2    Estimates & Forecast Calculation

1.3    Historical Data Overview and Validation

1.4    Data Sources

1.4.1    Secondary

1.4.2    Primary

Chapter 2   Report Outlook

2.1    Animal Ultrasound Industry Overview, 2020-2026

2.1.1    Industry Overview

2.1.2    Type Overview

2.1.3    Technology Overview

2.1.4    Scanner Type Overview

2.1.5    Animal type Overview

2.1.6    Application Overview

2.1.7    End-User Overview

2.1.8    Regional Overview

Chapter 3   Animal Ultrasound Market Trends

3.1    Market Segmentation

3.2    Industry Background, 2020-2026

3.3    Market Key Trends

3.3.1    Positive Trends

3.3.1.1    Rising demand for pet insurance

         3.3.2     Restraints

                    3.3.2.1    High cost of instruments and procedures

3.4    Prospective Growth Scenario

3.4.1     Type Growth Scenario

3.4.2     Technology Growth Scenario

3.4.3     Scanner Type Growth Scenario

3.4.4     Animal types Growth Scenario

3.4.5     Application Overview

3.4.6     End-User Overview

3.4.7     Regional Overview

3.5    COVID-19 Influence over Industry Growth

3.7    Porter’s Analysis

3.7    PESTEL Analysis

3.8    Value Chain & Supply Chain Analysis

3.9    Regulatory Framework

3.9.1    North America

3.9.2    Europe

3.9.3    APAC

3.9.4    LATAM

3.9.5    MEA

3.10    Technology Overview

3.11    Market Share Analysis, 2020

3.11.1    Company Positioning Overview, 2020

Chapter 4   Animal Ultrasound Market, By Type

4.1     Type Outlook

4.2   2-D Ultrasound Imaging

4.2.1    Market Size, By Region, 2020-2026 (USD Billion)

4.3    3-D/4-D Ultrasound Imaging

4.3.1    Market Size, By Region, 2020-2026 (USD Billion)

4.4    Doppler Imaging

4.4.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 5   Animal Ultrasound Market, By Technology

5.1     Technology Outlook

5.2     Digital Imaging

5.2.1    Market Size, By Region, 2020-2026 (USD Billion)

5.3     Contrast Imaging

5.3.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 6   Animal Ultrasound Market, By Scanner Type

6.1    Scanner Type Outlook

6.2    Cart-Based Ultrasound Scanners

6.2.1    Market Size, By Region, 2020-2026 (USD Billion)

6.3    Handheld Ultrasound Scanners

6.3.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 7   Animal Ultrasound Market, Animal types

7.1    Animal types Outlook

7.2   Small Companion Animals

          7.2.1     Market Size, By Region, 2020-2026 (USD Billion)

7.3     Large Animals

7.3.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 8   Animal Ultrasound Market, By Application

8.1     Application Outlook

8.2     Orthopedics

8.2.1    Market Size, By Region, 2020-2026 (USD Billion)

8.3     Oncology

8.3.1    Market Size, By Region, 2020-2026 (USD Billion)

8.4   Cardiology 

5.4.1    Market Size, By Region, 2020-2026 (USD Billion)

8.5    Obstetrics & Gynaecology

8.5.1    Market Size, By Region, 2020-2026 (USD Billion)

8.6     Others (Ophthalmology, Urology, etc.)

8.6.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 9   Animal Ultrasound Market, By End-User

9.1     End-User Outlook

9.2     Hospitals & Clinics

9.2.1    Market Size, By Region, 2020-2026 (USD Billion)

9.3      Veterinary Hospitals & Clinics

9.3.1    Market Size, By Region, 2020-2026 (USD Billion)

9.4     Others

9.4.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 10   Animal Ultrasound Market, By Region

10.1    Regional outlook

10.2    North America

10.2.1    Market Size, By Country 20110-20210 (USD Billion)

10.2.2    Market Size, By Type, 20110-20210 (USD Billion)

10.2.3    Market Size, By Technology, 20110-20210 (USD Billion)

10.2.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.2.5    Market Size, By Animal type, 20110-2026 (USD Billion)

10.2.6    Market Size, By Application, 20110-2026 (USD Billion)

10.2.7    Market Size, By End-User, 20110-2026 (USD Billion)

10.2.8    U.S.

         10.2.8.1   Market Size, By Type, 20110-20210 (USD Billion)

       10.2.8.2    Market Size, By Technology, 20110-20210 (USD Billion)

        10.2.8.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

        10.2.8.4    Market Size, By Animal type, 20110-2026 (USD Billion)

        10.2.8.5    Market Size, By Application, 20110-2026 (USD Billion)

        10.2.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.2.9    Canada

        10.2.9.1    Market Size, By Type, 20110-20210 (USD Billion)

       10.2.9.2    Market Size, By Technology, 20110-20210 (USD Billion)

        10.2.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

        10.2.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

         10.2.8.5   Market Size, By Application, 20110-2026 (USD Billion)

         10.2.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.3    Europe

10.3.1    Market Size, By Country 20110-20210 (USD Billion)

10.3.2    Market Size, By Type, 20110-20210 (USD Billion)

10.3.3    Market Size, By Technology, 20110-20210 (USD Billion)

10.3.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.3.5    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.6   Market Size, By Application, 20110-2026 (USD Billion)

10.3.7    Market Size, By End-User, 20110-2026 (USD Billion)

10.3.8    Germany

10.3.8.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.8.2   Market Size, By Technology, 20110-20210 (USD Billion)

          10.3.8.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

          10.3.8.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.8.5   Market Size, By Application, 20110-2026 (USD Billion)

          10.3.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.3.9    UK

10.3.9.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.9.2    Market Size, By Technology, 20110-20210 (USD Billion)

          10.3.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.3.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.9.5   Market Size, By Application, 20110-2026 (USD Billion)

          10.3.9.6    Market Size, By End-User, 20110-2026 (USD Billion)

 

10.3.10    France

10.3.10.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.10.2   Market Size, By Technology,20110-20210(USD Billion)

10.3.10.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.3.10.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.3.10.5   Market Size, By Application, 20110-2026 (USD Billion)

10.3.10.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.3.11    Italy

10.3.11.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.11.2 Market Size, By Technology, 20110-20210 (USD Billion)

10.3.11.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.3.11.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.11.5   Market Size, By Application, 20110-2026 (USD Billion)

10.3.11.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.3.12    Spain

10.3.12.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.12.2 Market Size, By Technology, 20110-20210 (USD Billion)

10.3.12.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

          10.3.12.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.12.5   Market Size, By Application, 20110-2026 (USD Billion)

          10.3.12.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.3.13    Russia

10.3.13.1    Market Size, By Type, 20110-20210 (USD Billion)

10.3.13.2   Market Size, By Technology, 20110-20210(USD Billion)

10.3.13.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

          10.3.13.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.3.13.5   Market Size, By Application, 20110-2026 (USD Billion)

          10.3.13.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.4    Asia Pacific

10.4.1    Market Size, By Country 20110-20210 (USD Billion)

10.4.2    Market Size, By Type, 20110-20210 (USD Billion)

10.4.3    Market Size, By Technology, 20110-20210 (USD Billion)

10.4.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.4.5    Market Size, By Animal type, 20110-2026 (USD Billion)

10.4.6    Market Size, By Application, 20110-2026 (USD Billion)

10.4.7    Market Size, By End-User, 20110-2026 (USD Billion)

10.4.8    China

10.4.8.1    Market Size, By Type, 20110-20210 (USD Billion)

10.4.8.2    Market Size, By Technology, 20110-20210 (USD Billion)

 10.4.8.3   Market Size, By Scanner Type, 20110-20210 (USD Billion)

 10.4.8.4    Market Size, By Animal type, 20110-2026 (USD Billion)

 10.4.8.5   Market Size, By Application, 20110-2026 (USD Billion)

 10.4.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.4.9    India

10.4.9.1    Market Size, By Type, 20110-20210 (USD Billion)

10.4.9.2    Market Size, By Technology, 20110-20210 (USD Billion)

          10.4.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

          10.4.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.2.9.5   Market Size, By Application, 20110-2026 (USD Billion)

           10.2.9.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.4.10    Japan

10.4.10.1    Market Size, By Type, 20110-20210 (USD Billion)

10.4.10.2   Market Size, By Technology, 20110-20210 (USD Billion)

          10.4.10.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

          10.4.10.4    Market Size, By Animal type, 20110-2026 (USD Billion)

          10.4.10.5   Market Size, By Application, 20110-2026 (USD Billion)

          10.4.10.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.4.9    Australia

10.4.9.1    Market Size, By Type, 20110-20210 (USD Billion)

10.4.9.2    Market size, By Technology, 20110-20210 (USD Billion)

10.4.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

 10.4.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.4.9.5   Market Size, By Application, 20110-2026 (USD Billion)

                    10.4.9.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.4.10    South Korea

10.4.10.1    Market Size, By Type, 20110-20210 (USD Billion)

10.4.10.2   Market Size, By Technology, 20110-20210 (USD Billion)

10.4.10.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

 10.4.10.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.4.10.5   Market Size, By Application, 20110-2026 (USD Billion)

10.4.10.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.5    Latin America

10.5.1    Market Size, By Country 20110-20210 (USD Billion)

10.5.2    Market Size, By Type, 20110-20210 (USD Billion)

10.5.3    Market Size, By Technology, 20110-20210 (USD Billion)

10.5.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.5.5    Market Size, By Animal type, 20110-2026 (USD Billion)

10.5.6    Market Size, By Application, 20110-2026 (USD Billion)

 10.5.7   Market Size, By End-User, 20110-2026 (USD Billion)

10.5.8    Brazil

10.5.8.1    Market Size, By Type, 20110-20210 (USD Billion)

10.5.8.2    Market Size, By Technology, 20110-20210 (USD Billion)

10.5.8.3   Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.5.8.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.5.8.5   Market Size, By Application, 20110-2026 (USD Billion)

 10.5.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.5.9    Mexico

10.5.9.1    Market Size, By Type, 20110-20210 (USD Billion)

10.5.9.2    Market Size, By Technology, 20110-20210 (USD Billion)

10.5.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.5.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.5.9.5   Market Size, By Application, 20110-2026 (USD Billion)

 10.5.9.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.5.10    Argentina

10.5.10.1    Market Size, By Type, 20110-20210 (USD Billion)

10.5.10.2   Market Size, By Technology 20110-20210 (USD Billion)

10.5.10.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.5.10.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.5.10.5   Market Size, By Application, 20110-2026 (USD Billion)

10.5.10.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.6    MEA

10.6.1    Market Size, By Country 20110-20210 (USD Billion)

10.6.2    Market Size, By Type, 20110-20210 (USD Billion)

10.6.3    Market Size, By Technology, 20110-20210 (USD Billion)

10.6.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.6.5    Market Size, By Animal type, 20110-2026 (USD Billion)

10.6.6   Market Size, By Application, 20110-2026 (USD Billion)

10.6.7    Market Size, By End-User, 20110-2026 (USD Billion)

10.6.8    Saudi Arabia

10.6.8.1    Market Size, By Type, 20110-20210 (USD Billion)

10.6.8.2    Market Size, By Technology, 20110-20210 (USD Billion)

10.6.8.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.6.8.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.6.8.5   Market Size, By Application, 20110-2026 (USD Billion)

10.6.8.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.6.9    UAE

10.6.9.1    Market Size, By Type, 20110-20210 (USD Billion)

10.6.9.2    Market Size, By Technology, 20110-20210 (USD Billion)

10.6.9.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

                    10.6.9.4    Market Size, By Animal type, 20110-2026 (USD Billion)

10.6.9.5   Market Size, By Application, 20110-2026 (USD Billion)

10.6.9.6    Market Size, By End-User, 20110-2026 (USD Billion)

10.6.10    South Africa

10.6.10.1    Market Size, By Type, 20110-20210 (USD Billion)

10.6.10.2   Market Size, By Technology, 20110-20210 (USD Billion)

10.6.10.3    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.6.10.4    Market Size, By Scanner Type, 20110-20210 (USD Billion)

10.6.10.5     Market Size, By Application, 20110-2026 (USD Billion)

 10.6.10.6    Market Size, By End-User, 20110-2026 (USD Billion)

Chapter 11   Company Landscape

11.1    Competitive Analysis, 2020

11.2     IDEXX

11.2.1    Company Overview

11.2.2    Financial Analysis

11.2.3    Strategic Positioning

11.2.4    Info Graphic Analysis

11.3   Fujifilm Sonosite, Inc.

11.3.1    Company Overview

11.3.2    Financial Analysis

11.3.3    Strategic Positioning

11.3.4    Info Graphic Analysis

11.4    Shenzhen Mindray Bio-Medical Electronics Co., Ltd

11.4.1    Company Overview

11.4.2    Financial Analysis

11.4.3    Strategic Positioning

11.4.4    Info Graphic Analysis

11.5    Sedecal

11.5.1    Company Overview

11.5.2    Financial Analysis

11.5.3    Strategic Positioning

11.5.4    Info Graphic Analysis

11.6    Carestream Health

11.6.1    Company Overview

11.6.2    Financial Analysis

11.6.3    Strategic Positioning

11.6.4    Info Graphic Analysis

11.7    Canon, Inc

11.7.1    Company Overview

11.7.2    Financial Analysis

11.7.3    Strategic Positioning

11.7.4    Info Graphic Analysis

11.8     Esaote SpA

11.8.1    Company Overview

11.8.2    Financial Analysis

11.8.3    Strategic Positioning

11.8.4    Info Graphic Analysis

11.11   BCF (IMV Imaging)

11.11.1    Company Overview

11.11.2    Financial Analysis

11.11.3    Strategic Positioning

11.11.4    Info Graphic Analysis

11.10   Hallmarq Veterinary Imaging

11.10.1    Company Overview

11.10.2    Financial Analysis

11.10.3    Strategic Positioning

11.10.4    Info Graphic Analysis

11.11   Heska Corporation 

11.11.1    Company Overview

11.11.2    Financial Analysis

11.11.3    Strategic Positioning

11.11.4    Info Graphic Analysis

11.12   Other Companies 

11.12.1    Company Overview

11.12.2    Financial Analysis

11.12.3    Strategic Positioning

11.12.4    Info Graphic Analysis

The Global Animal Ultrasound Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Animal Ultrasound Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global animal ultrasound market is projected to grow from USD 0.30 billion in 2021 and is expected to reach USD 0.46 billion by 2026 at a CAGR of 8.7% from 2021 to 2026.
Carestream Health, IDEXX, Sound, Esaote SpA, BCF (IMV Imaging), Hallmarq Veterinary Imaging, Fujifilm Sonosite, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Heska Corp., Siemens Medical Solutions, among others are the top players in animal ultrasound market.
The North American region is estimated to hold the largest share of the animal ultrasound market.
The COVID-19 outbreak has had a negative impact on the market for veterinary ultrasonography. Supply chain interruptions and fluctuating prices of medical devices for clinical trials have hampered the overall growth of the animal ultrasound market. As per the AVMA Survey of Doctors and Veterinary Practice Owners, vets saw fewer patients per hour in 2020 than they did in 2019, and the total consultation visits was around 25%.
Rising demand for animal safety and health, combined with increased consumer expenditure on pets and commercial animals, are causing a surge in demand for veterinary ultrasound scanners.

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