Veterinary Imaging Instrument Industry Variables, Worldwide
Trends, Regional Scope and Demand
Veterinary Imaging Instrument Industry Data Book Covers
Veterinary X-Ray, Veterinary Ultrasound, Animal MRI, and Animal/Veterinary CT
Imaging Market
The global Veterinary
Imaging Instrument industry was estimated at USD 1.44 billion in 2021 and is
anticipated to increase at a CAGR of 5.7% from 2022 to 2030.
Grand View Research’s
Veterinary Imaging Instrument industry data book is a collection of market
sizing information & forecasts, regulatory data, competitive benchmarking
analyses, macro-environmental analyses, and technological framework studies.
Within the purview of the database, all such information is systematically
analyzed and provided in the form of presentations and detailed outlook reports
on individual areas of research.
Veterinary X-Ray Market Insights
The global veterinary x-ray market size is estimated at USD
546.96 million in 2021 and is expected to grow at a lucrative compound annual
growth rate (CAGR) of 4.0% over the forecast period. Demand for veterinary
X-rays has increased due to a greater emphasis on animal health innovation, a
greater need for diagnostics, increased pet adoption, and increased adoption of
radiography in veterinary orthopedics, dentistry, and in several other
indications. Furthermore, the increasing incidence of zoonotic diseases has
increased the demand for effective diagnostic solutions, which is expected to
drive global market growth. Moreover, technological advancements in X-ray
diagnostics are further expected to boost adoption. For instance, in September
2022, SK Telecom from Korea launched an AI based diagnosis assistance X-ray
service called X Caliber, capable of delivering quick analysis to the veterinarian.
The emergence of
covid-19 had an impact on the entire healthcare sector, including veterinary
medicine. The covid-19 was found to have slightly halted the growth of the
market since several non-essential surgeries are restricted across the globe
during the pandemic. Furthermore, strict restrictions on the transportation of
individuals and goods led to a restricted patient influx in veterinary centers.
Similarly, the shortage of skilled veterinarians, combined with
suspended/postponed elective surgeries, significantly disrupted the activities
of veterinary facilities, having a slightly negative impact on market
providers.
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