This report provides exclusive insights into the COVID-19 impact on the Veterinary Radiography Systems Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Veterinary Radiography Systems Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Veterinary Radiography Systems Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on veterinary radiography systems market provides an in-depth analysis of segments and sub-segments in global as well as regional veterinary radiography systems market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional veterinary radiography systems market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global veterinary radiography systems market. According to the report the global veterinary radiography systems market is projected to grow at a CAGR of 6.3% over the forecast period of 2018-2024.
Veterinary radiography is an imaging technique in which the majority of diagnostic medical images are generated in veterinary practice. Other imaging modalities such as MRI, ultrasonography, CT, and nuclear imaging are available in specialty practices and academic centers. Veterinary radiography is painless and sedation is often desirable to reduce anxiety. Veterinary radiography provides a huge amount of information by noninvasive means. They are divided into two categories such as computed radiography (CR) and direct digital radiography (DDR). computed radiography (CR) cassette requires a semiconductor plate. This semiconductor plates are exposed in the usual fashion and then, read electronically inside a special reader. Direct digital radiography (DR) has a cesium iodide scintillator array that absorbs the X-rays.
Rising animal companion and proportion to that rising the demand for healthcare centers across the globe are the major factors contributing to the demand for veterinary radiography systems market. Additionally, growing preferences related to the adoption of pets is also boosting the market. In addition, the rising prevalences of zoonotic diseases such as animal influenza, bovine tuberculosis, and anthrax is expected to demand accurate diagnosis that driving the growth of the market. Moreover, the increasing number of veterinary practitioners around the globe coupled with concerns regarding animal diseases and rising expenditure on animal health supplement the market growth. However, the high cost of veterinary imaging equipment hampers the growth of the market. Going further, the ongoing technological advancement in the development of portable veterinary radiography devices is projected to be the create significant growth opportunities for the veterinary radiography systems market.
Among the geographic, North America dominates the largest region in the veterinary radiography systems market. Rising the demand for the adoption of pet animal coupled with rising demand for veterinary equipment and growing animal health expenditure is expected to boost the market in this region. The Asia-Pacific is anticipated to register the largest market growth during the forecast period owing to growing awareness related to animal health and raising the interest of key players in this market. In addition, increasing the per capita income on animal healthcare expenditure in developing countries such as China and India contributing to the growth of veterinary radiography systems market in the Asia-Pacific region.
The report on global veterinary radiography systems market covers segments such as technology, application, end user and product. On the basis of technology the global veterinary radiography systems market is categorized into computed radiography, digital radiography, and film-screen radiography. On the basis of application the global veterinary radiography systems market is categorized into cardiology, oncology, orthopedic and rheumatology, nephrology and others. On the basis of the end user the global veterinary radiography systems market is categorized into hospitals, diagnostic center, research center, and especially clinics. On the basis of product the global veterinary radiography systems market is categorized into digital X-ray and analog X-ray.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global veterinary radiography systems market such as Idexx Laboratories, Fuji Medical Systems, Carestream, Cuattro Veterinary, Sound-Eklin-VCA Company, Canon, Inc., iM3/Durr Medical, Sedecal and Vetel Diagnostics, Universal Medical Systems, Inc. and Lake Superior X-Ray, Inc.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global veterinary radiography systems market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of veterinary radiography systems market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the veterinary radiography systems market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the veterinary radiography systems market to understand the present and future trends in this market and formulate their strategies accordingly.