Veterinary Ultrasound Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028

The veterinary ultrasound machine market is expected to reach the market size of US$ 524.42 million by 2028 from US$ 312.3 million in 2021; growing at a CAGR of 7.7% from 2021 to 2028.
Veterinary ultrasound machines are devices that create images of the internal organs of the animals using ultrasound waves at a frequency range of 1.5–15 megahertz (MHz) for creating the images. These machines create images of internal organs of the body when the organs & tissues reflect the pattern of echoes. Veterinary ultrasound machines are widely used for testing the abnormalities present in blood, muscles, soft tissues, bones, joints, tendons, and blood vessels. Important applications of veterinary ultrasound machines include pregnancy detection, examination of distal limbs and abdomen, and recognition of cardiac & musculoskeletal deformities among various large and small animals.
The increase in pet companionship is increasing globally which is an important factor that drives the growth of the global veterinary ultrasound market. In addition, a hike in the number of veterinary practitioners coupled with the increased establishment of clinics marks a certain upsurge in the growth of the veterinary ultrasound machine market. However, the high costs of the veterinary ultrasound machine coupled with high charges of the tests are producing hurdles in the growth of the global market. Also, the less availability of machines in the veterinary clinics due to the high costs is further hampering the market growth. Furthermore, new product launches are revolutionizing the global market such as Butterfly Network launched its product Butterfly iQ Vet, a portable chip-based ultrasound machine that is proving to be highly portable as it allows scanning a variety of animals with a smartphone. Butterfly iQ Vet is so portable that it even allows smooth scanning of large animals like horses, tigers along with small animals.

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The global veterinary ultrasound machine market is bifurcated on the basis of Type, Product, Application, Technology, Animals, End-User, and region. By Product, the scope of the report offers Doppler Ultrasound, 3D/4D Ultrasound, and 2D Ultrasound. The Product segment is fragmented into Cart-based Ultrasound scanners & Handheld (Portable) Ultrasound Scanners where the Handheld (portable) ultrasound machines are widely used owing to their efficacy, portability & accuracy. The Application segment is classified into Orthopedics & Cardiology.
Global veterinary ultrasound machine market outlook – North America is dominating the global market among all the geographies.
Based on geography, North America is leading the market in terms of share owing to the increased pet adoption in the region followed by Europe whereas, APAC is expected to register the highest CAGR in the forecast period 2021 – 2028.

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