Global Veterinary X-Ray Market, By Type (Digital X-ray Systems, Analog X-ray Systems), Technology (Computed Radiography Systems, Direct Radiography Systems, Film-Based Radiography Systems), Mobility (Stationary X-Ray Systems, Portable X-Ray Systems), Animal Type (Small Companion Animals, Large Animals), Application (Orthopedics and Trauma, Dental Applications, Oncology, Others), End-User (Veterinary Hospitals and Academic Institutes, Veterinary Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Veterinary X-Ray Market
Veterinary x-ray market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1,200.98 million by 2028 and will grow at a CAGR of 7.03% in the above mentioned forecast period.
X-ray machines are the equipment that generates x-ray radiations. These x-ray radiations are later used for medical diagnosis and interventions such as catheter placement and are also used for the diagnosis of disorders in animals.
The increasing demand for pet insurance with growing animal health expenditure is amongst the important factors intensifying the growth and demand of veterinary x-ray market. In addition, the high growth in the number of veterinary practitioners and rising income levels in developed economies is also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rising growth in companion animal population and rapid technological advancements in animal healthcare such as efficient assimilation of radiology information systems and teleradiology are also enhancing the growth of the market. Likewise, the rising need for diagnostics and high adoption of radiography in veterinary dentistry are also lifting the market growth in the above mentioned forecast period. Also, the rapid increase in the number of pet health-conscious owners is also one of the significant factors fueling the growth of the veterinary x-ray market.
In addition, with the help of pet health insurance policies, the pet owners are now able to opt for effectual treatment for their pets as well as rising need for more effective therapy for pets will further accelerate the expansion of the veterinary x-ray market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the rising pet care costs as well as high cost of instruments and procedures will curb the growth of the veterinary x-ray market, whereas the lack of veterinarians and dearth of animal healthcare awareness in emerging markets have the potential to challenge the growth of the veterinary x-ray market.
This veterinary x-ray market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on veterinary x-ray market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Veterinary X-Ray Market Scope and Market Size
Veterinary x-ray market is segmented on the basis of type, technology, mobility, animal type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the veterinary x-ray market is segmented into digital x-ray systems and analog x-ray systems.
- On the basis of technology, the veterinary x-ray market is segmented into computed radiography systems, direct radiography systems and film-based radiography systems.
- Based on mobility, the veterinary x-ray market is segmented into stationary x-ray systems and portable x-ray systems.
- On the basis of animal type, the veterinary x-ray market is segmented into small companion animals and large animals.
- On the basis of application, the veterinary x-ray market is segmented into orthopedics and trauma, dental applications, oncology and others.
- The end user segment of veterinary x-ray market is segmented into veterinary hospitals and academic institutes and veterinary clinics.
Veterinary X-Ray Market Country Level Analysis
Veterinary x-ray market is analyzed and market size insights and trends are provided by country, type, technology, mobility, animal type, application and end user as referenced above.
The countries covered in the veterinary x-ray market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the veterinary x-ray market owing to the rapid increase in pet adoption along with rise in healthcare expenditure in the animal health segment within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing investment by companies to expand their presence along with rising demand for veterinary products and easy availability of low-cost animal health products within this particular region.
The country section of the veterinary x-ray market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Veterinary x-ray market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary x-ray market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary x-ray market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Veterinary X-Ray Market Share Analysis
Veterinary x-ray market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary x-ray market.
The major players covered in the veterinary x-ray market report are IDEXX Laboratories, Inc., FUJIFILM Holdings America Corporation, Sedecal, Agfa-Gevaert Group, SOUND, Canon U.S.A, Inc, PIXXGEN, EXAMION, Konica Minolta Healthcare Americas, Inc., Heska Corporation, DRE Veterinary, an Avante Health Solutions company, ALCEN, OR Technology - Oehm und Rehbein GmbH, Diagnostic Imaging Systems, MinXray Inc., IMV Imaging, HiTech International Group, Inc., Comeselectro snc, Carestream Health, Dristech, LLC, and Control-X Medical, Ltd among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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