Sarasota, FL -- (SBWIRE) -- 01/04/2019 -- Global Veterinary X- ray Market: Overview

X-ray machines are devices that produce x-ray radiations. 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 as veterinary X-rays.

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Global Veterinary X- ray Market: Growth Factors

Rising animal health expenditure and growing demand for pet insurance, 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, rise in the occurrence of pet ailments such as orthopedic disorders along with rise in the pet insurance policies introduced by the government will prompt the veterinary X-ray market demand over the ensuing years.

Furthermore, rise in the number of pet health conscious owners along with need for more effective therapy for pets is likely to encourage the market players to launch new device for pet treatment. This, in turn, will spur the growth of 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. Based on the device type, the veterinary X-ray market can be sectored into digital and analog. On the basis of mobility, the market is divided into fixed and portable. 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.

Global Veterinary X- ray Market: Regional Analysis

Based on regions, the global veterinary X-ray market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America constituted the dominant share of the global veterinary X-ray market in 2017, owing to the presence of a large number of veterinary clinics and hospitals in the region. Factors, such as, well-established 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 significant share of Asia Pacific in the global veterinary X-ray market can be attributed to the rise in disposable income among people and growing pet population in the region. However, underdeveloped veterinary infrastructure is likely to hinder the growth of the veterinary X-ray market in Middle East & Africa during the forecast period.

Latin America has the huge market growth potential and is likely to contribute notably towards the overall veterinary X-ray market size over the coming years.

Global Veterinary X- ray Market: Competitive Players

Key companies operating in the global veterinary X-ray market include Comeselectro, Sedecal, CFD, I.P.S. Medical, Control X- Medical, Examion, Fovea, Cuattro, and Vet-Ray.

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Global Veterinary X- ray Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa