- Computed Tomography (CT)
- Ultrasound Scans
- Nuclear Scans
- Magnetic Resonance Imaging (MRI)
Veterinary Teleradiology Market size is valued USD 218.2 million in 2022 and is poised to grow at a CAGR of 4.8% from 2023-2029. Veterinary teleradiology is a technology used for the interpretation and analysis of medical images by radiologists who are not present at the location where the images were generated. Veterinary teleradiology technique is most commonly used in pet clinics, veterinary radiology centres, and veterinary hospital. Veterinary technology considered as an advanced solution for improving animal health and treatment without any delay. The major applications with the teleradiology include teleconsultation, telemonitoring, and telediagnosis which help the radiologists to perform their work more efficiently. Global Veterinary teleradiology market is growing at a significant CAGR owing to the dearth of skilled radiology professionals in the underdeveloped regions. Several international companies are focusing on the R&D activities for the innovation of newer imaging technologies and quick data transformation, which are anticipated to fuel the market. Moreover, development of IT infrastructure, upgrading of Picture Archiving and Communication Systems (PACS) and Radiology Information Systems (RIS) might boost the revenue of market over the forecast period. In addition, acquisitions and mergers, collaborations, and technological advancements are key strategies followed by the companies for dominating the market.
Veterinary Teleradiology Market Key Developments:
Fastest Growing Market
Increase in the companion and livestock population, a rise in prevalence of animal diseases, increase in the number of veterinary practitioners, an increase in the animal welfare expenditure are anticipated to fuel the market. Moreover, technological advancements veterinary teleradiology such as real-time data interpretation, favourable reimbursement policies are expected to propel the market over the forecast period. However, the high cost of teleradiology technology, complications in data storage, lack of skilled technicians and radiologists, and lack of awareness about veterinary teleradiology in developing and underdeveloped regions might restrain the market over the forecast timeframe.
The key segments covered in the veterinary teleradiology market are: by modality, animal type, end user and geography
The veterinary teleradiology market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The veterinary teleradiology market key players are: Animal Imaging Consultants (U.S.), VetCT (U.K.), Lynks Group (U.S.), PetRays (U.S.), Vet-Rad LTD (U.S.), IDEXX Laboratories, Inc. (U.S.)