About Veterinary Radiology Software
The veterinary radiology software market is expected to grow in the future due to the rising number of owned pets across the globe by the owners coupled with the concern related to their pets have increased the business for veterinaries. For example, According to the American Pet Products Association’s, it is seen that the National Pet Owners Survey, 68% of households in the United States own a pet. Therefore, for accurate and efficient usage of the system, the market for the veterinary radiology system has been flourishing within the upcoming years.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Veterinary Radiology Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
VetSpa (Chile), ImageWorks Veterinary (United States), Planmeca (Finland), Paxeramed Corp (United States), Telerad Tech (India), Metron Imaging (United States), Vetology Innovations LLC (United States), Scil Animal Care Company GmbH (Germany), IDEXX Laboratories, Inc. (United States), Sound Technologies (United States) and DRE Veterinary (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are VetZ GmbH (Germany) and MyVet Imaging Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Veterinary Radiology Software market by , Application (Veterinary Clinics and Hospitals, Reference Labs and Other End-User) and Region.
On the basis of geography, the market of Veterinary Radiology Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Animal , the sub-segment i.e. Companion Animals will boost the Veterinary Radiology Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. Cloud-based will boost the Veterinary Radiology Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Awareness of Animal Health Across the Globe and Rising Prevalence of Orthopedic Diseases in Animals
Challenges:
Lack of Knowledge about this Veteniary Software in Developing Countries
Restraints:
Lack of Government Initiatives and Incentives Towards Animal Health Care and High Initial Cost of Veterinary Radiology Software
Opportunities:
Increase in Number of Veterinary Hospitals and Expansion of Market in Emerging Economies
Market Leaders and their expansionary development strategies
In May 2023, IMV Technologies is delighted to announce the acquisition of Veterinary Solutions, a leading developer of veterinary digital radiography X-ray (DR X-ray) systems and veterinary patient archiving and communication system (PACS) software, based in Belgium. Veterinary Solutions will join the companion animal business of the IMV Technologies Group.
In November 2023, Antech, the full-service veterinary diagnostics business that is part of the Science & Diagnostics division of Mars Petcare, today announced the opening of a new UK veterinary diagnostics laboratory. This expands Antech's UK lab network, which also includes Southfields Veterinary Specialists Diagnostic Laboratory and the Dick White Referrals Diagnostic Laboratory.
Key Target Audience
Veterinary Radiology Software Developers, Healthcare Industry, Potential Investors, End-User and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.