(EMAILWIRE.COM, April 26, 2019 ) The veterinary CT scanners market is expected to reach USD 173.7 million by 2022 from an estimated USD 122.3 million in 2017, at a CAGR of 7.3%. Veterinary CT scanners offer effective and early diagnosis of various conditions in the animal body such as, neurology, oncology, orthopedics, traumatology, and many other applications in animal healthcare. The veterinary CT scanners are used by veterinary hospitals and clinics as well as by university teaching hospitals & academic institutes on small companion animals, equine and livestock, and other animals (zoo and exotic animals). The base year considered for the study is 2017, and the forecast has been provided for the period between 2018 and 2023.

Major Market Developments

-In 2016, Canon, Inc. (Japan) acquired Toshiba Medical Systems Corporation (Japan) to enter the veterinary CT scanners market
-In 2016, Animage, LLC (US) partnered with Sound (US) to sell, and distribute Fidex-CT scanners in the US veterinary market.
-In 2015, Hitachi, Ltd. (Japan) launched SCENARIA SE – with 64 and 128 slice scanning capacity.

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The market for portable CT scanners is expected to grow at the highest CAGR between 2017 and 2022. Due to their portability, these systems can be used for on-field diagnostic imaging. In many cases, portable CT imaging can provide information that cannot be obtained using portable radiography and ultrasound. Moreover, these systems are affordable and require limited space. Their growing adoption for on-field, mobile, or ambulatory veterinary diagnosis is a key driver for this segment.