Quadintel published a recovery-based report for Global “Veterinary X-ray Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
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Global Veterinary X-ray Market is valued approximately USD 0.68 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.40% over the forecast period 2020-2027.
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These x-ray radiations are then used in the healthcare and surgical industries for medical diagnosis and procedures including catheter placement. Veterinary X-ray devices are used to diagnose diseases in animals and are referred to as X-ray machines. Rise in companion animal population is the major factor driving the growth of veterinary x-rays market. For instance, as per national pet owners survey conducted by the American Pet Product Association (APPA), 2019-2020, over 67% of US households or about 85 million families in United States own a pet which is up from 56% from 1988. It includes total of 5.7 million birds, 42.7 million cats, 63.4 million dogs and about 11.5 million freshwater fish etc. Also, as per survey by People’s Dispensary for Sick Animals (PDSA) animal Wellbeing (PAW), 2019, over 50% of United Kingdom adults own a pet out of which over 24% of UK adults own cat, 26% of adults own dogs and over 2% of adults own rabbits. The ownership of cat in UK increased to 10.9 million in 2019 from 10.3 million in 2017 and similarly dogs ownership rose to 9.9 million in 2019 from 9.3 million in 2017. However, increasing pet care cost and high cost of instruments & procedures is the major factor restraining the growth of market.
The regional analysis of global Veterinary X-ray market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the rising animal health expenditure and growing demand for pet insurance, increasing number of veterinary practitioners and growth in companion animals. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising demand for pet insurance with growing animal health expenditure would create lucrative growth prospects for the Veterinary X-ray market across Asia-Pacific region.
Major market player included in this report are:
Onex Corporation
IDEXX Laboratories
Agfa-Gevaert Group
Fujifilm
Sedecal
Sound Technologies
Canon
Examion
Heska Corporation
DRE Veterinary
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Digital X-Ray Systems
Analog X-Ray Systems
By Technology:
Computed Radiography Systems
Direct Radiography Systems
Film-Based Radiography Systems
By Mobility:
Stationary X-Ray Systems
Portable X-Ray Systems
By Animal type:
Small Companion Animals
Large Animals
By Application:
Orthopedics & Trauma
Dental Applications
Oncology
Other Applications
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By End User:
Veterinary Hospitals & Academic Institutes
Veterinary Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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