The veterinary stereotactic radiosurgery system global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Veterinary Stereotactic Radiosurgery System Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The veterinary stereotactic radiosurgery system market size has grown rapidly in recent years. It will grow from $2.61 billion in 2023 to $2.95 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to increasing pet ownership, veterinary healthcare investments, regulatory support, growing pet insurance.
The veterinary stereotactic radiosurgery system market size is expected to see rapid growth in the next few years. It will grow to $4.74 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to expanding geriatric pet population, rising awareness and education, globalization of veterinary services. Major trends in the forecast period include integration of ai and robotics, continuous technological innovation, increased focus on personalized medicine, telemedicine integration, collaborations and partnerships, growing popularity of cyberknife and linac systems, focus on minimally invasive procedures.
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Scope Of Veterinary Stereotactic Radiosurgery System Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Veterinary Stereotactic Radiosurgery System Market Overview
Market Drivers –
The rise in the pet population is expected to propel the growth of the veterinary stereotactic radiosurgery system market going forward. A pet refers to an animal that keep in the house for enjoyment and company. The veterinary stereotactic radiosurgery system aids in the treatment of tumors in pets with a variety of head sizes and shapes. For instance, according to the People’s Dispensary Sick Animals wellness (PAW) Report is the UK’s largest yearly examination of pet wellness, in 2023, 53% of UK adults would possess a pet (up from 51% in February 2020), with 29% owning a dog, 24% owning a cat, and 2% owning a rabbit. 67% of veterinary practitioners report an increase in the pet population in the last two years, with 71% believing it is due to more pets in their clinic and 54% believing it is due to more new pets in their community. Therefore, the rise in the pet population is driving the growth of the veterinary stereotactic radiosurgery system market.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The veterinary stereotactic radiosurgery system market covered in this report is segmented –
1) By Product: Microsurgical Instrumentation, Optical or Viewing Instruments, Other Products
2) By Modality: Gamma Knife, Linear Accelerator, Particle Beam Radiation Therapy, Cyber Knife
3) By Application: Canine, Feline, Other Applications
4) By End User: Hospitals, Contract Research Organizations (CROs), Other End Users
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Regional Insights –
North America was the largest region in the veterinary stereotactic radiosurgery system market in 2023. The regions covered in the veterinary stereotactic radiosurgery system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the veterinary stereotactic radiosurgery system market report are PetCure Oncology, Elekta AB, Accuray Incorporated, Varian Medical Systems Inc., C. R. Bard Inc., Nanovi Radiotherapy A/S, Ion Beam Applications SA, ZAP Surgical Systems Inc., Brainlab AG, Best Medical International Inc., Mevion Medical Systems Inc., Hitachi Ltd., Mitsubishi Electric Corporation, Sumitomo Heavy Industries Ltd., Shinva Medical Instrument Co. Ltd., Huiheng Medical Inc., Beijing Wandong Medical Equipment Co. Ltd., Guangzhou Yueshen Medical Equipment Co. Ltd., Jiangsu Keling Medical Appliances Co. Ltd., Shenzhen Xinglidong Medical Equipment Co. Ltd., Shandong Xinhua Medical Instrument Co. Ltd., Neusoft Medical Systems Co. Ltd., Xinjiang Xinxing Medical Equipment Co. Ltd., Beijing Neusoft Medical Systems Co. Ltd., Siemens Healthineers AG, Philips Healthcare Company, GE Healthcare Technologies Inc., Toshiba Medical Systems Corporation, Hitachi Aloka Medical Ltd., Vision RT Limited
1. Executive Summary
2. Veterinary Stereotactic Radiosurgery System Market Report Structure
3. Veterinary Stereotactic Radiosurgery System Market Trends And Strategies
4. Veterinary Stereotactic Radiosurgery System Market – Macro Economic Scenario
5. Veterinary Stereotactic Radiosurgery System Market Size And Growth
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27. Veterinary Stereotactic Radiosurgery System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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