Veterinary Diagnostic Imaging Market size is expected to be valued at USD 1,790.6 million in 2022 and is projected to grow at a significant CAGR of 7.3% over the forecast years. Moreover, rise in awareness about the variables highly defined the growth of this market which include increasing number of animal population, significant growth in veterinary physician, various development for new innovative product had help the global veterinary diagnostic market to grow significantly. Outbreak of corona had been considering as the biggest challenge which include lack of awareness, shortage of veterinary physician and high cost of diagnostic imaging technology. But there are a lot of research going on improvising the procedure and technology hence the growth rate of global veterinary diagnostic imaging market is huge and various acquisition can happen. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global animal veterinary diagnostic imaging market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global veterinary diagnostic imaging market products.
In April 2020, Heska Corporation (US) acquired Scil Animal Care Company GmbH (Germany). This acquisition helped Heska expand its presence in the European veterinary imaging market.
In January 2020, IDEXX Laboratories (US) launched upgraded IDEXX Web PACS for veterinary applications