Friday, September 1, 2023

Veterinary Imaging Instrument Industry Variables, Worldwide Trends, Regional Scope and Demand

 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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