What is Veterinary Teleradiology Market Scope?
Veterinary Teleradiology was first to become commercially available in 1994 by Professional Software Inc. (PSI). In veterinary teleradiology, the radiographs are transformed into digital forms and then transferred to a contracted radiologist to receive an interpretation of the data in report form. Many providers market their Veterinary Teleradiology as telemedicine systems. Apart from the transmission of radiographic images, these systems can be used to transfer the photographs of animals, cytologic, endoscopic, and histologic images. In Veterinary Teleradiology, often second opinions are also consulted to confirm the primary interpretation. Images of Veterinary Teleradiology should not be compressed beyond some limit because after that it will start losing details and interpretation might be wrong in that case.
The Veterinary Teleradiology market study is being classified, by Application (Hospitals, Pet Clinics and Veterinary Radiology Centers) and major geographies with country level break-up.
With the increasing demand for radiologists, the demand for Veterinary Teleradiology services is also increasing. This market is largely based in North America and Europe due to high demand from these regions. The veterinary Teleradiology market is fairly fragmented and does not have any market leader. The use of new technology will be a competitive advantage in this market like the use of AI, the use of better compression techniques, and better relations management.
VetCT (United States), Veterinary Imaging Consultations, Inc. (United States), Lynks Group (United States), Vet-Rad LTD (United States), Veterinary Medical Centers (United States), PetRays (United States), BluePearl Veterinary Partners (United States), Animal Imaging (United States), VEDIM (France) and VICSD Teleradiology Group (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Veterinary Teleradiology market by Type, Application and Region.
On the basis of geography, the market of Veterinary Teleradiology 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).
In Aug 2020, Embrace Pet Insurance announced that they will cover the use of AI for diagnosis with Veterinary Teleradiology for conditions in animals. According to Vetrology AI, a leading provider of AI to Veterinary Teleradiology, this is a vital step in acceptance by insurance companies in the animal segment. For improving Veterinary Teleradiology, Vetrology AI will target improvements in technology, service, expertise to clinics, and stability.
Influencing Market Trend
- Increasing Demand for Veterinary Teleradiology For Radiologist to Cover More Clinics
- Growing Use of Veterinary Teleradiology To Serve Expertise All Over the Globe
Market Drivers
- Teleradiology Allows Remotely Located Practitioners Direct Access to Board-Certified Specialist
- Need for Rapid Interpretation of Images for Problem Detection
Opportunities
- Increasing R&D to Rapidly Transform Data
- Growing Use of AI in Veterinary Teleradiology
Restraints
- Concerns Regarding the Data Security While Veterinary Teleradiology
Challenges
- Lack of Trained Radiologist
- Absence of Infrastructure in Rural Areas
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Veterinary Teleradiology, Government Regulatory and Research Organizations, End-Use Industries and Others
Customization available in this Study:
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