Animal/Veterinary Ultrasound Market: Global Opportunity Analysis and Industry Forecast, 2019–2026
A10478 | Pages: NA | Jun 2021 | 40 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Animal/Veterinary Ultrasound Market: Global Opportunity Analysis and Industry Forecast, 2019–2026
Request Now !Animal/Veterinary Ultrasound utilizes ultrasonic sound waves in the frequency range of 1.5–15 megahertz (MHz) to help in creating images of body structures, which are based on the pattern of echoes reflected from the tissues and organs being imaged. An ultra-short pulse of sound is directed into the animal, after which the transducer changes to the receive mode. Eventually, echoes occur as the sound beam changes velocity while passing from a tissue of one density to one of another density, even when the modification occurs at nearly microscopic levels. A minor percentage of these echoes are reflected back to the transducer, which then reconverts the energy of the echoes into electrical impulses documented by the computer in the ultrasound machine. Using this information from multiple echoes, the machine creates an image that signifies the appearance of the tissues when cut in the same plane on an anatomic specimen.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Product, Application, Technology, Animal, End User and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
Companies covered | Major players analyzed include, Heska Corporation, Samsung Medison Co., Ltd., Diagnostic Imaging Systems Inc., Siemens AG, Esaote SpA, FUJIFILM Holdings Corporation, Mindray Medical International, Ltd., IMV imaging, and GE Healthcare. |
COVID-19 scenario analysis:
Coronavirus disease 2019 (COVID-19) has caused an economic crisis along with a health care crisis. Due to the government enforcement to follow social distancing causing the major players to get affected and hence causing economic crisis in the health care sector. Covid-19 pandemic has an adversative impact on the healthcare system, owing to about 50% to 70% drop in revenue from March. There are small hospitals, clinics and nursing homes, which have been forced to seal their operations. Owing to the social distancing and localized curfews, which have resulted in delayed elective surgical procedures, would lead to a downfall in the majority of the industries. In addition, the visa cancellations have caused reduction in medical tourism and can negatively impact the healthcare services market growth.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The major factors that are expected to help the Animal/Veterinary Ultrasound market grow include increase in the demand for pet insurance, healthcare expenditure on the companion animals and rise in the number of companion animals. Furthermore, the steep increase in the technological advancements would help the market boost in the coming years. The growth in the number of veterinary practitioners in developed economies is also expected to help the market grow at a higher pace in the near future. However, the higher cost of the procedures and the instruments used are anticipated to curb the market growth in the commenced period.
New product launches to flourish the market
The key factor which is anticipated to help the Animal/Veterinary Ultrasound market grow includes the rise in the number of product launch planned by the major market players. For instance, in September 2018, E.I. Medical imaging, which is among the leading U.S.-based company that manufactures portable ultrasound systems for veterinary use, announced that it has brought its new product called Ibex Pro-R and SuperLite ultrasound systems.
Furthermore, in November 2019, Butterfly Network announced that it will launch its new product called Butterfly iQ Vet. This product is an all-new handheld ultrasound device that brings the company’s revolutionary ultrasound-on-a-chip technology to veterinarians and animals. The innovation with this single probe, and smartphone-connected device, veterans will be able to scan a variety of animals with extraordinary portability. Butterfly iQ Vet can scan animals ranging from companion animals (dogs and cats) to large animals (horses) and further to exotic animals (from sea turtles to tigers).
Surge in mergers and acquisitions to boost the market
The growth in the number of agreements made to show their presence in the market would help the market gain maximum revenue in the forecast period. For instance, in July 2019, FUJIFILM Sonosite, Inc. announced that it made a partnership deed with HealthCare to apply artificial intelligence (AI) to improve POCUS. Furthermore, two companies declared that they will collaborate to use AI-based models that will help the clinicians in diagnosis and enhancing quality of care. The collaboration will be performed through the MGH & BWH Center for Clinical Data Science and influence the extensive data assets, computational infrastructure, and also clinical expertise of the Partners HealthCare system.
In addition, in April 2018, Esaote announced it was acquired by an association of Chinese investors composed of numerous major companies in the medical field and investment funds. Genoa, Italy-based Esaote yields medical devices with a focus on ultrasound, dedicated magnetic resonance imaging and diagnostic management software. The expansion would help the Animal/Veterinary Ultrasound market grow in the coming years.
Key segments covered:
Segments | Sub-segments |
Type |
|
Product |
|
Application |
|
Technology |
|
Animal |
|
End User |
|
Key benefits of the report:
- This study presents the analytical depiction of the global Animal/Veterinary Ultrasound industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Animal/Veterinary Ultrasound market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Animal/Veterinary Ultrasound market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Animal/Veterinary Ultrasound market.
- The report provides a detailed global Animal/Veterinary Ultrasound market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Animal/Veterinary Ultrasound Market research report:
- What are the leading market players active in the Animal/Veterinary Ultrasound market?
- What the current trends will influence the Animal/Veterinary Ultrasound market in the next few years?
- What are the driving factors, restraints, and opportunities in the Animal/Veterinary Ultrasound market?
- What are the projections for the future that would help in tasking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Animal/Veterinary Ultrasound Market: Global Opportunity Analysis and Industry Forecast, 2019–2026
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers