Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 869.74 Million | USD 1,532.98 Million | 6.50% | 2023 |
The global veterinary x-ray market size was worth around USD 869.74 million in 2023 and is predicted to grow to around USD 1,532.98 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.50% between 2024 and 2032.
Global Veterinary X-ray Market: Overview
X-ray machines are devices that produce x-ray radiation. X-ray machines work on the principle of molecular weight of the body molecules. The solid image of only those molecules that carry high molecular weight like calcium whereas, it excludes the others like salt or water. These X-ray radiations then find applications in healthcare & medical sectors for medical diagnosis and interventions such as catheter placement. X-ray machines are also used for diagnosis of disorders in animals and they are referred to as veterinary X-rays.
Global Veterinary X-ray Market: Growth Factors
Rising animal health expenditure and growing demand for pet insurance, an increasing number of veterinary practitioners in developed regions and growth in the companion animals sector are the key growth drivers for the veterinary X-ray market during the forecast period. However, the increasing cost of pet care and the high cost of veterinary X-ray equipment and procedures are expected to restrain the growth of this market to a certain extent over the coming years. Nevertheless, the rise in the occurrence of pet ailments such as orthopedic disorders along with the rise in the pet insurance policies introduced by the government will prompt the veterinary X-ray market demand over the ensuing years.
Furthermore, a rise in the number of pet health-conscious owners along with the need for more effective therapy for pets is likely to encourage the market players to launch a new device for pet treatment. This, in turn, will spur the growth of the veterinary X-ray market in the coming years.
Global Veterinary X-ray Market: Segmentation
The global veterinary X-ray market can be divided based on technology, device type, mobility, animal type, application, and end-user.
On the basis of technology, the market is segmented into direct, film, and computing. The computed radiography systems segment accounted for the largest market share in 2023.
Based on the device type, the veterinary X-ray market can be segmented into digital and analog. Digital X-ray dominated the market. A benefit provided by digital X-rays is better when compared with Analog types.
Based on the animal type, the market is classified into pet and large animals. Based on the application, the market is divided into trauma, dental, and oncology segments.
Report Attributes | Report Details |
---|---|
Report Name | Veterinary X-Ray Market |
Market Size in 2023 | USD 869.74 Million |
Market Forecast in 2032 | USD 1,532.98 Million |
Growth Rate | CAGR of 6.50% |
Number of Pages | 215 |
Key Companies Covered | Comeselectro, Sedecal, CFD, I.P.S. Medical, Control X-Medical, Examion, Fovea, Cuattro, Vet-Ray, and others. |
Segments Covered | By Technology, By Device Type, By Mobility, By Animal Type, By Application, By End User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Veterinary X-ray Market: Regional Analysis
North America constituted the dominant share of the global veterinary X-ray market in 2023. The growth is due to owing to the presence of a large number of veterinary clinics and hospitals in the region. Factors, such as advanced veterinary infrastructure and increasing adoption of pets are likely to boost the growth of the global veterinary X-ray market in Europe during the forecast period. The considerable share of the Asia Pacific region in the global veterinary X-ray market can be attributed to the rise in per capita expenditure among people and the growing pet population in the region.
However, underdeveloped veterinary infrastructure is likely to hinder the growth of the veterinary X-ray market in the Middle East & Africa during the forecast period. Latin America has huge market growth potential and is likely to contribute notably towards the overall veterinary X-ray market size over the coming years.
The global veterinary x-ray market is dominated by players like:
The global veterinary x-ray market is divided as follows;
By Technology Segment Analysis
By Type Segment Analysis
By Mobility Segment Analysis
By Animal Type Segment Analysis
By Application Segment Analysis
By End User Segment Analysis
Regional Segment Analysis
FrequentlyAsked Questions
A veterinary X-ray, also called radiography, is a diagnostic tool used by vets to see inside your pet's body. Similar to human X-rays, it uses a burst of invisible radiation to create an image of your pet's bones, joints, and sometimes even some organs. This helps vets diagnose problems like fractures, arthritis, foreign objects swallowed by your pet, and even certain tumors. It's a painless procedure that takes just a few seconds and is a valuable tool for ensuring your pet's health.
According to a study, the global veterinary x-ray market size was worth around USD 869.74 million in 2023 and is expected to reach USD 1,532.98 million by 2032.
The global veterinary x-ray market is expected to grow at a CAGR of 6.50% during the forecast period.
North America is expected to dominate the veterinary x-ray market over the forecast period.
Leading players in the global veterinary x-ray market include Comeselectro, Sedecal, CFD, I.P.S. Medical, Control X-Medical, Examion, Fovea, Cuattro, and Vet-Ray, among others.
The veterinary x-ray market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed