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CHINA VETERINARY IMAGING MARKET FORECAST 2023-2030

SCOPE OF THE REPORT

China Veterinary Imaging Market by Animal Type (Small Companion Animals, Large Animals, Other Animal Types) Market by Product Type (Instrument, Reagents, Other Product Types) Market by Application (Neurology, Oncology, Cardiology, Orthopedics & Traumatology, Other Applications) Market by End-user (Veterinary Clinics and Hospitals, Veterinary Laboratories, Other End-users)


MARKET OVERVIEW

The China veterinary imaging market is anticipated to develop with a CAGR of 7.34% over the estimated period of 2023 to 2030, capturing a revenue share of $xx million by 2030.

The veterinary imaging market growth in China is reinforced by key drivers, including the increasing population of animals and the subsequent rise in animal diseases, the rising number of pet adoptions, as well as the growing initiatives directed toward animal rights and welfare.

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China’s veterinary diagnostic imaging market has grown significantly over recent years and is also undergoing notable transformations. Moreover, the number of animal diseases in the country is on the rise, as well, mainly on account of the surging animal population. As the disease prevalence continues to rise, the demand for diagnostic imaging in order to detect ailments accurately and in a timely manner is subsequently increasing. Veterinarians are also using imaging technologies to analyze animal brains, in addition to acquiring effective scans of orthopedic and soft tissue structures in pets prior to surgical procedures. 

In this regard, ultrasound imaging technology is largely adopted by vets in China to generate images of fetuses as they continue developing inside the womb. When compared to magnetic resonance imaging (MRI), ultrasounds have a higher advantage as they are more affordable and do not require anesthesia. Therefore, the abovementioned factors are expected to propel the veterinary imaging market growth in China during the forecasted period. 

The China veterinary imaging market is segmented into animal type, product type, application, and end-user. The end-user segment includes veterinary laboratories, veterinary clinics and hospitals, and other end-users. Veterinary laboratories offer a diverse range of veterinary diagnostic services. These include microbiology, histology, serology, clinical pathology, parasitology, and others. Veterinary laboratories work in collaboration with different companies, universities, as well as government bodies in order to provide diagnostic services.

Conversely, the other end-users segment includes mobile veterinary practitioners, research laboratories, and veterinary critical care units. There has been an increase in animal testing in research laboratories for the development of medical treatments, testing drug safety, determining toxicity, as well as other biomedical and commercial purposes. 

Key firms operating in the China veterinary imaging market are Idexx Laboratories Inc, Mindray, Siemens AG, etc.

Mindray Medical International Limited, headquartered in China, is engaged in the manufacturing, developing, and marketing of ultrasound imaging systems, diagnostic laboratory instruments, patient monitoring & life support devices, and veterinary imaging system. The company also provides healthcare products and services in more than 190 countries. 

The unique touch gesture feature of Mindray’s DC-70 Vet is designed to help enhance workflow, providing veterinary professionals with ease and certainty. Likewise, the company’s DC-N3 Vet is equipped with highly beneficial veterinary functions, such as veterinary information management, OB table, body mark, and specialized measurement packages.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2030
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Animal Type, Product Type, Application, End-User
Countries AnalyzedChina
Companies AnalyzedEsaote SPA, GE Healthcare, Idexx Laboratories Inc, Mindray, Siemens AG

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS
    4. KEY GROWTH ENABLERS
    5. KEY CHALLENGES
  3. KEY ANALYTICS
    1. IMPACT OF COVID-19 ON VETERINARY IMAGING MARKET
    2. KEY MARKET TRENDS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. OPPORTUNITY MATRIX
    5. PESTLE ANALYSIS – CHINA
    6. KEY BUYING CRITERIA
    7. REGULATORY FRAMEWORK
  4. MARKET BY ANIMAL TYPE
    1. SMALL COMPANION ANIMALS
    2. LARGE ANIMALS
    3. OTHER ANIMAL TYPES
  5. MARKET BY PRODUCT TYPE
    1. INSTRUMENT
      1. RADIOGRAPHY SYSTEMS
      2. ULTRASOUND IMAGING SYSTEMS
      3. COMPUTED TOMOGRAPHY IMAGING SYSTEMS
      4. MAGNETIC RESONANCE IMAGING SYSTEMS
      5. VIDEO ENDOSCOPY IMAGING SYSTEMS
      6. OTHER EQUIPMENT
    2. REAGENTS
    3. OTHER PRODUCT TYPES
  6. MARKET BY APPLICATION
    1. NEUROLOGY
    2. ONCOLOGY
    3. CARDIOLOGY
    4. ORTHOPEDICS & TRAUMATOLOGY
    5. OTHER APPLICATIONS
  7. MARKET BY END-USER
    1. VETERINARY CLINICS AND HOSPITALS
    2. VETERINARY LABORATORIES
    3. OTHER END-USERS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ESAOTE SPA
      2. GE HEALTHCARE
      3. IDEXX LABORATORIES INC
      4. MINDRAY
      5. SIEMENS AG

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – VETERINARY IMAGING

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: CHINA VETERINARY IMAGING MARKET, BY ANIMAL TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 4: CHINA VETERINARY IMAGING MARKET, BY ANIMAL TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 5: CHINA VETERINARY IMAGING MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 6: CHINA VETERINARY IMAGING MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 7: CHINA VETERINARY IMAGING MARKET, BY INSTRUMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 8: CHINA VETERINARY IMAGING MARKET, BY INSTRUMENT, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 9: CHINA VETERINARY IMAGING MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 10: CHINA VETERINARY IMAGING MARKET, BY APPLICATION FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 11: CHINA VETERINARY IMAGING MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 12: CHINA VETERINARY IMAGING MARKET, BY END-USER, FORECAST YEARS, 2023-2030 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: KEY BUYING CRITERIA

FIGURE 5: CHINA VETERINARY IMAGING MARKET, GROWTH POTENTIAL, BY ANIMAL TYPE, IN 2022

FIGURE 6: CHINA VETERINARY IMAGING MARKET, BY SMALL COMPANION ANIMALS, 2023-2030 (IN $ MILLION)

FIGURE 7: CHINA VETERINARY IMAGING MARKET, BY LARGE ANIMALS, 2023-2030 (IN $ MILLION)

FIGURE 8: CHINA VETERINARY IMAGING MARKET, BY OTHER ANIMAL TYPES, 2023-2030 (IN $ MILLION)

FIGURE 9: CHINA VETERINARY IMAGING MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2022 

FIGURE 10: CHINA VETERINARY IMAGING MARKET, BY INSTRUMENT, 2023-2030 (IN $ MILLION)

FIGURE 11: CHINA VETERINARY IMAGING MARKET, GROWTH POTENTIAL, BY INSTRUMENT, IN 2022 

FIGURE 12: CHINA VETERINARY IMAGING MARKET, BY RADIOGRAPHY SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 13: CHINA VETERINARY IMAGING MARKET, BY ULTRASOUND IMAGING SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 14: CHINA VETERINARY IMAGING MARKET, BY COMPUTED TOMOGRAPHY IMAGING SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 15: CHINA VETERINARY IMAGING MARKET, BY MAGNETIC RESONANCE IMAGING SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 16: CHINA VETERINARY IMAGING MARKET, BY VIDEO ENDOSCOPY IMAGING SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 17: CHINA VETERINARY IMAGING MARKET, BY OTHER EQUIPMENT, 2023-2030 (IN $ MILLION)

FIGURE 18: CHINA VETERINARY IMAGING MARKET, BY REAGENTS, 2023-2030 (IN $ MILLION)

FIGURE 19: CHINA VETERINARY IMAGING MARKET, BY OTHER PRODUCT TYPES, 2023-2030 (IN $ MILLION)

FIGURE 20: CHINA VETERINARY IMAGING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022 

FIGURE 21: CHINA VETERINARY IMAGING MARKET, BY NEUROLOGY, 2023-2030 (IN $ MILLION)

FIGURE 22: CHINA VETERINARY IMAGING MARKET, BY ONCOLOGY, 2023-2030 (IN $ MILLION)

FIGURE 23: CHINA VETERINARY IMAGING MARKET, BY CARDIOLOGY, 2023-2030 (IN $ MILLION)

FIGURE 24: CHINA VETERINARY IMAGING MARKET, BY ORTHOPEDICS & TRAUMATOLOGY, 2023-2030 (IN $ MILLION)

FIGURE 25: CHINA VETERINARY IMAGING MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 26: CHINA VETERINARY IMAGING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022 

FIGURE 27: CHINA VETERINARY IMAGING MARKET, BY VETERINARY CLINICS AND HOSPITALS, 2023-2030 (IN $ MILLION)

FIGURE 28: CHINA VETERINARY IMAGING MARKET, BY VETERINARY LABORATORIES, 2023-2030 (IN $ MILLION)

FIGURE 29: CHINA VETERINARY IMAGING MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)

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