VETERINARY ULTRASOUND MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Key Takeaways from Analyst
Rising pet ownership and increasing animal healthcare spending is expected to boost the demand for veterinary ultrasound systems which is expected to fuel the market growth.
Advancing technology is also supporting market growth. Newer ultrasound systems with improved imaging quality and added features are enabling accurate diagnosis of complex diseases and conditions. This, in turn, is helping veterinarians provide better treatment to pets.
High installation and maintenance costs of advanced veterinary ultrasound systems may restrain market growth to some extent. Also, lack of skilled professionals in some regions remains a challenge. The Asia Pacific region is expected to witness the fastest growth due to rising pet adoption, increasing pet healthcare expenditure, and growing number of veterinary practices in the region.
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