Middle East and Africa Veterinary
Imaging Market Overview:
Size of
the Middle East and Africa Veterinary Software Market was worth USD 45.9 million
in 2018 and estimated to be growing at a CAGR of 6.42%, to reach USD 70.3 million
by 2025. This market is showcasing the obvious potential in the mentioned
forecasting period. The market continues to gain momentum with rapid
development in the medical industry. Veterinary imaging equipment is the device
specially designed for imaging the animal body for accurate diagnosis of its
health. It is essential in disease diagnosis followed by treatment.
Veterinarians offices require a solution to
assist manage administrative functions and patient data. From starting contact
with patients and pet owners to automatic reminders and billing, veterinary
software is designed to ease operations for smooth patient handling.
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Africa Veterinary Imaging Market Research Report @ https://www.researchcosmos.com/reports/middle-east-and-africa-veterinary-imaging-market/22802249
Drivers and Restraints:
Middle-East
& Africa Market for veterinary imaging is expected to grow at a higher CAGR
due to the increase in the number of foodborne diseases affecting the animals
and the need to perform various tests has increased gradually. In service, increase
in the purchase and usage of various diagnostic instruments that are utilized in
veterinary practices, in-clinic diagnostic procedures, high-income households
that keep pets and regular hospital visits are propelling the growth of this
market.
However,
increasing adoption of vegetarian food due to changing food habits, the economic downturn, the increased risk of obesity, exposure to global cuisines,
and other diseases are some of the factors affecting growth.
Additionally,
the rising livestock population, increasing pet ownership and growing spending
of animal care are some of the prominent factors driving market growth.
Increase cases of chronic and zoonotic diseases among pets are further pushing
the demand for veterinary imaging equipment. Rising cases of pet injuries, accidents,
and growing number of animal healthcare facilities are likely to boost the
market growth.
On the
flip side, veterinary diagnostic products are complex as they are difficult to
manufacture. Various tests that the doctor uses to diagnose disease require
highly specialized instruments or equipment. The high cost of the equipment is
restraining market growth.
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Geographical Insights
On the
basis of geography, the market is segmented into the Middle East and Africa.
The market in this region is expected to grow significantly during the forecast
period due to the presence of prominent manufacturers in countries like UAE,
Kuwait, South Africa, Egypt, and others.
Some of the prominent players
covered in this Middle East and Africa
Veterinary Imaging Market Report are: VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC,
IDEXX Laboratories, Inc., Life Technologies Corporation, Bio-Rad Laboratories
Inc., Prionics AG, and Pfizer, Inc. Henry Schein, Inc., Patterson Companies,
Inc, Firmcloud Corporation, Animal Intelligence Software, Inc.
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