The global veterinary X-ray market is projected to grow at a CAGR of 5.58% to reach US$664.660 million by 2024, from US$479.855 million in 2018. The demand for veterinary X-ray is growing due to the rising veterinary practitioners and growing advanced pet healthcare services. Also, favorable research funding programs are further driving the growth of the global veterinary X-ray market in the forecast period. However, high costs of pet care are restraining the market growth in the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global veterinary X-ray value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global veterinary X-ray market.
Major industry players profiled as part of the report are PROTEC GmbH & Co. KG, OR Technology - Oehm und Rehbein GmbH, BMI Biomedical International s.r.l. and PLH Medical Ltd. among others.
The global veterinary X-ray market has been analyzed through following segments:
By Animal Type
Academic Institutes and Research Centers
Middle East and Africa