Medical imaging solutions provider Vatech will release the world’s first veterinary CT scanner that can help diagnosis of cancer and tumor, as well as dental panoramic radiography machine to capitalize on the bourgeoning pet care market in Korea.

The company recently announced that its veterinary healthcare affiliate Woorien will launch high-performing veterinary CT scanner MyVet CT i3D and dental panoramic x-ray solution MyVet Pan i2D this month.

The MyVet CT i3D is the world’s first animal CT scanner that can locate tumors and accurately diagnose cancer. It is just less than half the size of a human CT scanner and its price is also almost 60 percent of the human scanner. It doesn’t need a separate place to install because it produces minimal amount of radiation.

The MyVet Pan i2D is the world’s first veterinary dental panorama X-ray machine that can capture the entire mouth in one image in just 20 seconds without putting animals under general anesthesia.

The veterinary digital imaging diagnostics market in the world is expected to grow by 40 percent from $1.4 billion in 2017 to $1.94 billion by 2022, according to market researcher MarketandMarkets. Vatech Networks plans to launch the products to North America, Europe and Korea starting this month, and strengthen veterinary healthcare solution business of Woorien.

As of 1:00 p.m. on Monday, shares of Vatech fell 1.76 percent to 27,850 won in the Korea’s secondary Kosdaq market.

By Park Ui-myung and Choi Mira

[ⓒ Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]