Veterinary MRI Imaging Equipment Market Greater Revenue Share by 2024

Performing magnetic resonance imaging (MRI) with small animals requires continuous monitoring of vital parameters, especially the respiration rate. Clinical whole-body MR scanners represent an attractive option for preclinical imaging as dedicated animal scanners are cost-intensive in both investment and maintenance, thus limiting their availability. Today, most of the MRI machines available in market are technologically advanced having impressive image quality is achievable with clinical MR systems in combination with special coils.

For instance, the BIOPAC MP150 System (BIOPAC System Inc.) provides a complete small animal MRI monitoring system for ECG, Heart Rate, EMG, blood pressure, respiration, temperature, pulse oximetry, CO2 and O2 gas analysis, electrical stimulation, and MRI triggering. BIOPAC has a range of options that can be used in the MRI for small animal monitoring. Similarly, Bruker BioSpin (Bruker) provides small animal MRI solutions for preclinical and molecular MR imaging research.

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The global market for veterinary MRI imaging equipment is segmented on basis of product type, animal group, diseases, end user and geography:

Segmentation by Product Type

Closed MRI Machines

Open MRI Machines

Segmentation by Animal Group

Small Companion Animals

Large Animals

Segmentation by Diseases

Central Nervous System Injuries

Musculoskeletal Injuries

Vascular Disease

Cancer

Other

Segmentation by End User

Veterinary Hospitals and Clinics

Academic Institutions

The global veterinary MRI imaging equipment market on the basis of product type can be segmented into closed MRI machines and open MRI machines. The closed MRI machines has been highly used, however the inclination towards open MRI machines is expected in forecast year.

The market has been further classified on the basis of animal group, including small companion animals and large animals. Similarly, on the basis of diseases the global veterinary MRI imaging equipment is segmented into list of diseases which is been observed in animals namely, Central Nervous System Injuries, Musculoskeletal Injuries, Vascular Disease, Cancer, Other diseases.

On the basis of end user, the global veterinary MRI imaging equipment market has been segmented into Veterinary Hospitals and Clinics and academic institutes. Among both, Veterinary Hospitals and Clinics holds the maximum share and expected to propagate at a high growth rate.

On the basis of regional presence, global veterinary MRI imaging equipment market are segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America remains dominant in the global veterinary MRI imaging equipment market due to increasing number of veterinary hospitals and clinics, which leads to increasing number of CT scan procedure. Emerging markets such as APAC and Latin America are expected to see delayed growth.

In the majority of the developed countries, the adoption of veterinary MRI imaging equipment are emphasizing by non-government bodies. Some of the prominent manufacturers of veterinary MRI imaging equipment identified in this market are MR Solutions, Fujifilm Holdings, GE Healthcare, Siemens AG, Philips Healthcare, Shimadzu Corporation, Universal Medical Systems, Inc, Toshiba Medical Systems Corporation, Esaote, Oxford Instruments Healthcare, BIOPAC Systems Inc., Hallmarq Veterinary Imaging Ltd, and Bruker.

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