The Research report on Veterinary X-ray Market provides a detailed overview of the Rising animal health expenditure and growing demand for pet insurance, increasing the number of veterinary practitioners in developed regions, and growth in the companion animals market are the primary drivers for the veterinary X-ray market during the forecast period.
The Global Veterinary X-ray Market is projected to reach the US $872 million, at a CAGR of 6.4%.
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 siding with industry experts across the value chain through primary research.
The veterinary X-ray market comprises several stakeholders such as veterinary X-ray system manufacturers and distributors. Primary sources from the supply side include CEOs, vice presidents, marketing and sales directors, business development managers, and innovation directors of veterinary X-ray systems manufacturing companies. Demand-side primary sources include industry experts such as directors of veterinary hospitals and clinics, veterinary hospital & clinic managers, diagnostic centers veterinarians, professors, research scientists, and related key opinion leaders.
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Veterinary X-ray Market segmentation:
· based on technology
· based on type,
· based on animal type,
· based on application
· based on mobility
· based on end user
· based on regions.
In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, trade directories, and databases such as D&B Hoovers and Bloomberg Businessweek were referred to identify and collect information for this study.
The Major Players Operating in the Veterinary X-ray Market:
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).
Onex Corporation is the leading player in the veterinary X-ray market. The company provides imaging systems through its subsidiary Carestream Health. Onex focuses on organic and inorganic growth strategies to strengthen its product portfolio. For instance, in 2015, the company launched the Vita Flex CR X-ray system for companion and livestock animals to cater to the specific needs of the veterinary X-ray market.
Geographical Detailed Analysis for Veterinary X-ray Market:
Geographically, the veterinary X-ray 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. A rising number of veterinary practices, an increasing number of companion animals, and rising companion animal healthcare expenditure are some of the key factors driving the growth of the veterinary X-ray market in North America.
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