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The AI technology analyzes massive amounts of data according to a set of instructions known as
algorithms in order to accomplish a specific task. AI tools are the driving force behind the
evolution of the veterinary industry. Not only are these making animal healthcare better, but
making veterinary practices easier as well.
Product Launch, Mergers & Acquisitions, and Innovations by Key Players to Drive Global
Market
The global veterinary teleradiology market is consolidated in terms of number of players. The
market is dominated by key players who focus on innovative product offerings, robust & strong
geographic presence, strategies for expansion of product portfolio, and adoption of
teleradiology services in the market. Key players include Veterinary Imaging Consultations, Inc.,
VetRad, VetCT, Lynks Group plc, BluePearl Veterinary Partners, Veterinary Medical Center,
Animal Imaging, VEDIM, and VICSD Teleradiology Group.
On November 8, 2016, Rayence acquired Osko Digital X-ray solutions to enhance its portfolio of
total imaging solution business in the U.S. On September 6, 2016, Merry X-ray acquired Schiring
Radiographic Imaging with the aim to become the largest sales and service provider in the
medical and veterinary teleradiology market. In January 2020, Carestream Digital
Tomosynthesis, a three-dimensional extension of general teleradiology, received 510(k)
clearance from the U.S. Food and Drug Administration. In 2019, Carestream Health was
awarded 37 new patents by the U.S. Patent and Trademark Office for advancements in digital
teleradiology, mobile imaging X-ray systems, and other healthcare technology areas. The
company also received 38 patents in countries across Europe and Asia last year, earning a total
of 75 patents.
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