The global veterinary X-ray market size is expected to reach USD 651.76 million by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.6% during the forecast period. Rising pet adoption is fueling the need for healthcare facilities, and growing penetration of direct (capture) radiography as well as technological advancements in X-ray systems are some key factors driving growth. As per IDEXX Laboratories, there has been an incremental growth of 2.2% in clinical visits per practice for U.S. companion animals in the first quarter of 2019. The aforementioned factors highlight the untapped opportunities for animal diagnostics segment, inclusive of imaging.
X-ray devices help veterinarians and laboratory technicians to diagnose many conditions, including bladder stones & tumors and determine foreign bodies in an animal’s stomach. These devices also assist in locating fractures and internal injuries. Increasing awareness about animal health along with high adoption of advanced technologies is expected to contribute toward market growth over the forecast period. For instance, advancements in digital radiography and rise in awareness about their benefits such as cost-effectiveness and higher efficiency.
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Further key findings from the study suggest:
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Grand View Research has segmented global veterinary X-ray market on the basis of the technology, type, modality, animal type, application, end use, and region:
Veterinary X-ray Technology Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray Type Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray Modality Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray Animal Type Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray Application Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray End-use Outlook (Revenue, USD Million, 2014 – 2026)
Veterinary X-ray Regional Outlook (Revenue, USD Million, 2014 – 2026)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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