(PharmaNewsWire.Com, November 19, 2019 ) The key factors driving the growth of this market include the increasing small companion animal population, growing pet adoption, rising demand for pet insurance with growing animal health expenditure, growing number of veterinary practitioners and their income levels in developed economies, and innovation in veterinary CT scanners.
Market Size The global Veterinary CT Scanner Market is expected to reach USD 173.7 million by 2022 from an estimated USD 122.3 million in 2017, at a CAGR of 7.3%.
“By type, the stationary multi-slice CT scanners segment accounted for the largest share of the market in 2016” On the basis of type, the veterinary CT scanner market is broadly segmented into stationary multi- slice CT scanners and portable CT scanners. In 2016, the stationary multi-slice CT scanners segment accounted for the largest share of this market. This large share can be attributed to the higher adoption of multi-slice CT scanners, such as mid-end CT scanners and high-end CT scanners.
“By animal type, small companion animals accounted for the largest share of this market in 2016” On the basis of animal type, the veterinary CT scanner market is further segmented into small companion animals, equine and livestock, and other animals. In 2016, the small companion animals segment held the largest share of this market and is expected to grow at the highest CAGR during the forecast period.
Recent Developments • In 2016, GE Healthcare and Tata Trusts (India) partnered to train 10,000 youths in various technical areas of healthcare over a three-year period. The GE Healthcare Education Institute (GE HCI) will design, develop, and execute the courses in India. • In September 2015, Toshiba Medical Systems installed its Toshiba Astelion Advance 16-slice CT scanner at a local veterinary clinic within the Pets At Home Store (UK).
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