Veterinary Radiography Systems Market, By Technology (Computed Radiography, Digital Radiography, and Film Screen Radiography), By Application (Cardiology, Oncology, Orthopedic and Rheumatology, and Nephrology), By End-Users (Hospitals, Diagnostic Center, Research Centre, and Specialty Clinics), By Product (Digital X-ray and Analog X-ray), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI38019 | Publish Date: March 2024 | No. of Pages: 179

Global Veterinary Radiography Systems Market Overview

Introduction: 

[PDF] Veterinary Radiography is a diagnostic tool that gives veterinarians access to have photos of the animal so they can recognize and treat a condition. Its main benefit is that it is non-invasive, which means that no needles are used to view an animal's interior.  Non-invasive method is usually necessary when a disease condition or source is unknown. They provide precise assistance in the diagnosis of pneumonia, arthritis and fractures.

The increasing pet ownership and the rising prevalence of animal diseases and injuries have become key factors in the growth of the Veterinary Radiography Systems market. Transporting people and goods to different levels of buildings has given rise in demand for veterinary radiography systems market. The increasing expenditure on animal health has also become the major contribution in Veterinary Radiography Systems Market growth

Global Veterinary Radiography Systems Market Dynamics

Growing Rate of Companion Animal Population

The market is expected to expand as more people adopt multimodal imaging technologies. Both the quantity of companion animals and the adoption rate have grown globally. Having a pet as a friend has been linked to a variety of health advantages, including fewer cardiac arrhythmias, normal blood pressure, less anxiety, increased psychological stability, and improved well-being. The demand for pet care products and services is projected to rise as the number of pet’s rises, which will support the expansion of target market-related sectors like veterinary imaging.

In 2021, according to The American Pet Production Association (APPA), National pet owner’s survey 2019-2020 announced that approximately 68% of the US households’ own pets from which 60 million households have got dogs as pets.

For instance, In May 2021, Merck Co. Inc. launched Bravecto Cares, it is an educational campaign that promotes awareness that includes the demonstration of a critical role that a service dogs provides and the importance for keeping the service dogs healthy. Merck as a part of this program have also launched Bravecto which is a chewing tablets that will protect dogs from fleas and ticks.

Increasing investment on pet healthcare

The rising investment on pet healthcare will enhance the target market growth. Spending on pet supplies, insurance for animals, veterinary care, over-the-counter medications, and diagnostic service for companion animals is on the rise. The industry is anticipated to grow as a result of rising consumer demand for food products derived from animals. Along with this, rising levels of disposable income and an increase in the desire for pet adoption in emerging countries are the key drivers fueling the growth of the veterinary radiography market. The increased frequency of animal diseases is one of the key industry trends that would further accelerate the rise of the veterinary radiography market. The global Veterinary Radiography Systems Market is expected to grow as a result of the rise in veterinarians.

For instance, in March 2022, Steven Feldman, president of the Human-Animal Bond Research Institute (HABRI) Orlando, Florida, USA announced to buy higher-quality nutrition, more toys, and spend more money overall to make this human-animal bond as a part of life. HABRI researchers evaluated that pet ownership results in US$11.78 billion in the health care savings in the United States.

Restrains:

The high cost of imaging equipment will slow the market's expansion as the cost of veterinary imaging equipment is expensive. Entry-level console (portable) ultrasound systems costs around 22,000 to 75,000 USD in developed countries like Germany, United States, Japan and the United Kingdom that will limit Veterinary Radiography Systems Market growth.

Global Veterinary Radiography Systems Market Segmentation

Veterinary Radiography Systems Market - Segementation

Veterinary Radiography Systems Market is segmented based on Technology, Application, End-Users, Product and by region.

Technology Insight

On the basis of Technology, Veterinary Radiography Systems Market is segmented into computed radiography, digital radiography and film screen radiography. Computed radiography segment is expected to dominate the target market growth because as digitization of clinical data has become very important in veterinary science it requires the use of advanced methodologies like CR for visualization of bone details and soft tissue as well in a single image.

Application Insights

On the basis of Application, Veterinary Radiography Systems Market is segmented into cardiology, oncology, orthopedic, rheumatology and nephrology. Orthopedic and traumatology are expected to dominate the target market growth due to the increasing cases of bone fractures among small animals because of high number of road traffic accidents.

End-Users Insights

On the basis of End-Users, Veterinary Radiography Systems Market is segmented into hospitals, diagnostic center, research center and specialty clinics. Hospitals are expected to dominate target market growth because of the availability of all facilities under one roof and high demand for the X-ray equipment in animal healthcare centers for quick, accurate and cost-effective diagnostic tools.

Product Insights

On the basis of Product, Veterinary Radiography Systems Market is segmented into Digital X-ray and Analog X-ray. Digital X-ray segment is expected to dominate the target market growth because of its various advantages like labor costs, faster capture time, and large profit margins for companies.

Regional Insights:

On the basis of region, the Veterinary Radiography Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, as more pet owners are opting for the purchase of premium pet insurance plans and there is a rise in demand for advanced healthcare services,  that are anticipated to increase demand for veterinary imaging and would eventually fuel the market growth.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Technology - Computed Radiography, Digital Radiography And Film Screen Radiography.

By Application - Cardiology, Oncology, Orthopedic, Rheumatology and Nephrology.  

By End-Users - Hospitals, Diagnostic Center, Research Center And Specialty Clinics.

By Product - Digital X-ray and Analog X-ray.  

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Veterinary Radiography Systems Market report based on Technology, Application, End-Users, Product and Region:

Veterinary Radiography Systems Market, By Technology:

  • Computed radiography
  • Digital radiography
  • Film screen radiography

Veterinary Radiography Systems Market, By Application:

  • Cardiology
  • Oncology
  • Orthopedic
  • Rheumatology
  • Nephrology

Veterinary Radiography Systems Market, By End-Users:

  • Hospitals
  • Diagnostic center
  • Research center
  • Specialty clinics

Veterinary Radiography Systems Market, By Product:

  • Digital X-ray
  • Analog X-ray

Veterinary Radiography Systems Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Veterinary Radiography Systems Market Key Players

The key players operating the Veterinary Radiography Systems Market includes Idexx Laboratories Inc., FUJIFILM Medical Co. Ltd., Carestream Health, Inc., Cuattro Veterinary LLC., Sound Technologies, Inc., canon Inc., Durr-Fillauer Medical, Inc., Sedecal and Vetel Diagnostic Inc., Universal medical System Inc., and Lake Superior X-Ray Inc.

Global Veterinary Radiography Systems Market Company Profile

  • Idexx Laboratories Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FUJIFILM Medical Co. Ltd.
  • Carestream Health, Inc.
  • Cuattro Veterinary LLC.
  • Sound Technologies, Inc.
  • Canon Inc.
  • Durr-Fillauer Medical, Inc.
  • Sedecal and Vetel Diagnostic Inc.
  • Universal medical System Inc.
  • Lake Superior X-Ray Inc.

“*” marked represents similar segmentation in other categories in the respective section

Recent Development:

  • In September 2022, Korea’s SK Telecom launched an AI-based veterinary X-ray image diagnosis assistance service known as X Caliber. It is a web-based service that uses AI to analyze X-ray images of dogs taken by a veterinarian and it is uploaded to the AI platform ‘X Caliber Vet AI’, and eventually it will deliver the analysis results to the veterinarian within the time range of 30 seconds. X Caliber uses cloud to store and retrieve data so there will be no need to install a separate server. Furthermore, X Caliber can be easily upgradable and manageable.
  • In February 2021, FUJIFILM Medical Systems USA Inc., a leading provider of diagnostic imaging and medical informatics launched their first complete VXR Veterinary X-Ray Room. It is mainly targeted for veterinarians who wants a high quality, low-dose X-rays with an affordable, versatile, easy to use and install system. It focuses on productivity and dose efficiency that is engineered to help providers an accurate detection of ailments and a set of new standards in veterinary healthcare.

Global Veterinary Radiography Systems Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Technology
      • Market Snippet, By Application
      • Market Snippet, By End-Users
      • Market Snippet, By Product
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Veterinary Radiography Systems Market, By Technology
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Computed Radiography
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Digital Radiography
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Film Screen Radiography
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Veterinary Radiography Systems   Market, By Application, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Cardiology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Oncology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Orthopedic
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Rheumatology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Nephrology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Veterinary Radiography Systems Market, By End-Users
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Diagnostic Center
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Research Center
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Specialty Clinics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Veterinary Radiography Systems Market, By Product
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Digital X-Ray
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Analog X-Ray
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  9. Veterinary Radiography Systems   Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032

 

        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Idexx Laboratories Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FUJIFILM Medical Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Carestream Health Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cuattro Veterinary LLC.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sound Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Canon Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Durr-Fillauer Medical, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sedecal and Vetel Diagnostic Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Universal Medical System Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Lake Superior X-Ray Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact