Product Code: ETC406820 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Veterinary Imaging Market registered a growth of 76.4% in value shipments in 2022 as compared to 2021 and an increase of 2.86% CAGR in 2022 over a period of 2017. In Veterinary Imaging Market India is becoming more competitive as the HHI index in 2022 was 2110 while in 2017 it was 2266. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Veterinary Imaging Market.
India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Veterinary Imaging Market in 2022 was 2.75 while in 2017 it was 5.31. USA, China, Netherlands, Germany and Singapore were among the top players of the market in 2022, where USA acquired the largest market share of 32.79% with a shipment value of 92.35 million USD in 2022 USA also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 31.24% with the shipment value of 42.09 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
The India Veterinary Imaging Market is experiencing strong growth on the back of increased awareness about animal care and increasing adoption of pet animals in the country. Rising spending on veterinary healthcare has also been identified as one factor that is driving demand for imaging technologies. Furthermore, technological advancements have enabled veterinarians to make accurate diagnoses and treatments faster than before, which is boosting the uptake of these devices. Despite many growth drivers, there are still some challenges faced by the market. These include lack of trained personnel and high costs associated with acquisition and maintenance of imaging systems. Additionally, regulations related to animal health diagnosis hinders the market development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Veterinary Imaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Veterinary Imaging Market Revenues & Volume, 2021 & 2028F |
3.3 India Veterinary Imaging Market - Industry Life Cycle |
3.4 India Veterinary Imaging Market - Porter's Five Forces |
3.5 India Veterinary Imaging Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 India Veterinary Imaging Market Revenues & Volume Share, By Animal Type, 2021 & 2028F |
3.7 India Veterinary Imaging Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.8 India Veterinary Imaging Market Revenues & Volume Share, By End-use, 2021 & 2028F |
4 India Veterinary Imaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Veterinary Imaging Market Trends |
6 India Veterinary Imaging Market, By Types |
6.1 India Veterinary Imaging Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Veterinary Imaging Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 India Veterinary Imaging Market Revenues & Volume, By Veterinary Imaging Instruments, 2018 - 2028F |
6.1.4 India Veterinary Imaging Market Revenues & Volume, By Veterinary Software, 2018 - 2028F |
6.1.5 India Veterinary Imaging Market Revenues & Volume, By Veterinary Imaging Reagents, 2018 - 2028F |
6.2 India Veterinary Imaging Market, By Animal Type |
6.2.1 Overview and Analysis |
6.2.2 India Veterinary Imaging Market Revenues & Volume, By Small Companion Animals, 2018 - 2028F |
6.2.3 India Veterinary Imaging Market Revenues & Volume, By Large Animals, 2018 - 2028F |
6.2.4 India Veterinary Imaging Market Revenues & Volume, By Other Animals, 2018 - 2028F |
6.3 India Veterinary Imaging Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Veterinary Imaging Market Revenues & Volume, By Orthopedics and Traumatology, 2018 - 2028F |
6.3.3 India Veterinary Imaging Market Revenues & Volume, By Oncology, 2018 - 2028F |
6.3.4 India Veterinary Imaging Market Revenues & Volume, By Cardiology, 2018 - 2028F |
6.3.5 India Veterinary Imaging Market Revenues & Volume, By Neurology, 2018 - 2028F |
6.3.6 India Veterinary Imaging Market Revenues & Volume, By Others, 2018 - 2028F |
6.4 India Veterinary Imaging Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 India Veterinary Imaging Market Revenues & Volume, By Hospitals, 2018 - 2028F |
6.4.3 India Veterinary Imaging Market Revenues & Volume, By Clinics, 2018 - 2028F |
6.4.4 India Veterinary Imaging Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Veterinary Imaging Market Import-Export Trade Statistics |
7.1 India Veterinary Imaging Market Export to Major Countries |
7.2 India Veterinary Imaging Market Imports from Major Countries |
8 India Veterinary Imaging Market Key Performance Indicators |
9 India Veterinary Imaging Market - Opportunity Assessment |
9.1 India Veterinary Imaging Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 India Veterinary Imaging Market Opportunity Assessment, By Animal Type, 2021 & 2028F |
9.3 India Veterinary Imaging Market Opportunity Assessment, By Application, 2021 & 2028F |
9.4 India Veterinary Imaging Market Opportunity Assessment, By End-use, 2021 & 2028F |
10 India Veterinary Imaging Market - Competitive Landscape |
10.1 India Veterinary Imaging Market Revenue Share, By Companies, 2021 |
10.2 India Veterinary Imaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |