(EMAILWIRE.COM, August 09, 2019 ) The key factors driving the growth of Veterinary CT Scanner market include the increasing small companion animal population, growing pet adoption, rising demand for pet insurance with growing animal health expenditure, growing number of veterinary practitioners and their income levels in developed economies, and innovation in veterinary CT scanners.

By type, the stationary multi-slice CT scanners segment accounted for the largest share of the market in 2016

On the basis of type, the veterinary CT scanner market is broadly segmented into stationary multi- slice CT scanners and portable CT scanners. In 2016, the stationary multi-slice CT scanners segment accounted for the largest share of this market. This large share can be attributed to the higher adoption of multi-slice CT scanners, such as mid-end CT scanners and high-end CT scanners.

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By animal type, small companion animals accounted for the largest share of this market in 2016

On the basis of animal type, the veterinary CT scanner market is further segmented into small companion animals, equine and livestock, and other animals. In 2016, the small companion animals segment held the largest share of this market and is expected to grow at the highest CAGR during the forecast period.

By application, the neurology segment held the largest market share in 2016

Based on application, the market is segmented into neurology, oncology, orthopedics & traumatology, and other applications. The neurology segment accounted for the largest share and is expected to grow at the highest CAGR during the forecast period. The large share of this segment can mainly be attributed to the increasing prevalence of common brain disorders affecting the nervous system of animals, such as epilepsy, brain cancer/tumors, ischemic infarcts (stroke), encephalitis, hydrocephalus, and traumatic brain injuries.

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North America dominated the market in 2016

North America accounted for the largest share of the veterinary CT scanner market in 2016, followed by Europe and Asia Pacific. The largest share of this region is mainly attributed to the increasing adoption of pet animals, the growing pet insurance industry, and rising veterinary healthcare expenditure in the region.

The key players in the global veterinary CT scanner market are GE Healthcare (US), Canon, Inc. (Toshiba Medical Systems Corporation) (Japan), Siemens AG (Siemens Healthineers) (Germany), Samsung Electronics Co. Ltd. (NeuroLogica Corporation) (South Korea), Epica Medical Innovation (US), Hitachi, Ltd. (Japan), Koninklijke Philips N.V. (Netherlands), Animage, LLC (US), GIN ApS (Denmark), QR s.r.l. (Italy), and 4DDI (US).