PUBLISHER: Inkwood Research | PRODUCT CODE: 1214650
PUBLISHER: Inkwood Research | PRODUCT CODE: 1214650
The China veterinary imaging market is evaluated to garner a CAGR of 7.34% during the assessment period of 2023 to 2030. Some of the major drivers influencing the veterinary imaging market growth in China are the surging number of pet adoptions, the increasing population of animals as well as the subsequent rise in animal diseases, and the rise in initiatives directed toward animal welfare and rights.
China has observed a significant increase in the adoption of cats and dogs as pets over recent years. Furthermore, with the rise in the occurrence of various diseases in animals, there exists a subsequent demand for diagnostic imaging. On the other hand, movements aimed at animal welfare as well as animal rights have also continued to expand in China.
Aligning with this, the World Small Animal Veterinary Association (WSAVA), in 2019, collaborated with a non-profit organization, ACTAsia, that offers veterinary training in the continent for the promotion of animal welfare. The collaboration, in turn, helps support the development of veterinary professions in China, in addition to other Asian countries. Hence, these factors are projected to reinforce the veterinary imaging market growth in China during the forecasted period.
Some of the main enterprises operating in the market include: Mindray, Siemens AG, Idexx Laboratories Inc, etc.