About Veterinary X-ray
X-ray machines are equipment that produces x-ray radiations. These x-ray radiations are then used for diagnosing and interventions (e.g., catheter placement). X-ray machines are also used for the designation of disorders in animals. Despite the increasing incidence of orthopedic diseases among animals and therefore the growing pet population worldwide, the high price of veterinary X-ray instruments and a restricted range of skillful veterinary technicians are probably to restrain the expansion of the world veterinary X-ray market throughout the forecast amount. In several rural areas, the ratio of a number of doctors against domestic animals is extremely low. With the expansion within the pet population, demand for the designation of pets has conjointly been increasing across the globe, which is directly propelling the expansion of the world veterinary x-ray market. The increase within the percentage of pet insurance shows that pet homeowners are extremely acutely aware concerning the well-being of their pets and this removes the price burden of treatment associates with pets. With the assistance of pet insurance policies, pet homeowners are ready to elect effective treatment for his or her pets, which successively, creates a chance for market players to introduce advanced instrumentality for pet treatment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 6.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Veterinary X-ray market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IDEXX (United States), Onex Corporation (Canada), Sedecal (Spain), Agfa-Gevaert (Belgium), Sound Technologies (United States), Fujifilm Holdings Corporation (Japan), Canon, Inc. (Japan), Examion (Germany), Konica Minolta (United States), DRE Veterinary (United States) and Heska Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Veterinary X-ray market by Type (Digital X-ray and Analog X-ray ), Application (Orthopedics and Trauma, Oncology and Dental Applications) and Region.
On the basis of geography, the market of Veterinary X-ray has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Technology, the sub-segment i.e. Direct (Capture) Radiography Systems will boost the Veterinary X-ray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobility, the sub-segment i.e. Stationary will boost the Veterinary X-ray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Veterinary Hospitals will boost the Veterinary X-ray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Animal Type, the sub-segment i.e. Small Companion Animals will boost the Veterinary X-ray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of The Devices for Better and Quick Results
Market Growth Drivers:
Increased Pet Ownership and Animal Health Expenditure and Rising Prevalence of Animal Diseases and Injuries
Challenges:
Lack of Skilled Personnel
Restraints:
High Cost of Imaging Devices
Opportunities:
The Increasing Advancement and Innovations and Increased Research for The New Technology
Market Leaders and their expansionary development strategies
In IMV Technologies is delighted to announce the acquisition of Veterinary Solutions, a leading developer of veterinary digital radiography X-Ray (DR X-Ray) systems and veterinary patient archiving and communication system (PACS) software, based in Belgium. The acquisition bringing additional experience, products, and software solutions to comprehensive product range, further expanding companys veterinary imaging offering across Europe.
In January 2024, Dallas-Based SignalPET Launched AI-Enhanced Rapid Veterinary Radiology Solution. advanced veterinary X-ray interpretation solution that can assess the most critical, urgent cases with both advanced AI technology and expert human oversight with a guaranteed 45-minute turnaround time, available 24/7.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Veterinary X-ray, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.