Global Veterinary X-ray Market Size, and Growth Projection

The Research Report on Veterinary X-ray Market Consist 186 tables and 40 figures spread through 192 pages and in-depth TOC, which covers Global Market overview, Major Key Players detailed Analysis, market opportunities, market risk, forecast for five years, major driving factors for the market as well as detailed analysis for CAGR, scope, research findings, leading key players marketing strategy to acquire major market in the form of revenue.

The study involved four major activities to estimate the current market size for veterinary X-ray products. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

The veterinary X-ray market is projected to reach USD 872 million by 2023 from USD 640 million in 2018, at a CAGR of 6.4%.

The research report segments - based on technology, type, mobility, application, end-users and the region.

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Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the global Industry. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Veterinary X-ray Market, by Animal Type:

• Small Companion Animals
• Large Animals

Veterinary X-ray Market Based on Technology;

based on technology, the computed radiography systems segment accounted for the largest market share in 2017. The rising need for increased flexibility, increasing demand for affordable Digital X-Ray equipment, and the benefits offered by CR systems over traditional X-ray systems are some of the major factors driving market growth.

Veterinary X-ray Market – By End-User;

Based on end user, is segmented into veterinary hospitals & academic institutes and veterinary clinics. The veterinary hospitals & academic institutes segment accounted for the largest market share in 2017. The large share of this segment can be attributed to the widespread adoption of X-ray equipment in large universities for educational & research purposes and the growing demand for modern, state-of-the-art large veterinary facilities.

Geographical Analysis:

The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of this market in 2017. Rising number of veterinary practices, increasing number of companion animals, and rising companion animal healthcare expenditure are some of the key factors driving the growth of the market in North America.

The prominent players in the veterinary X-ray market are IDEXX (US), Fujifilm (Japan), Onex Corporation (Canada), Sedecal (Spain), Agfa-Gevaert (Belgium), Sound Technologies (US), Fujifilm Holdings Corporation (Japan), Canon, Inc. (Japan), Examion (Germany), Konica Minolta (US), DRE Veterinary (US), and Heska Corporation (US)

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