According to FutureWise analysis the market for veterinary x-ray in 2023 is US$ 0.87 billion, and is expected to reach US$ 1.45 billion by 2031 at a CAGR of 6.6%.
Veterinary X-rays are used to obtain medical images of animals for the diagnosis of disease. In addition to diagnosing diseases in companion animals, large animals, and livestock animals, veterinary X-rays investigate a range of other conditions. The veterinary X-ray market is expected to exhibit significant growth over the forecast period due to an increase in pet adoption, technological advancements in veterinary imaging systems, an increase in the number of veterinary hospitals with a surge in veterinary professionals, and a rise in spending on animal health. Furthermore, the developing regions are also expected to offer lucrative prospects for market expansion over the forecast period. Zoonotic diseases are on the rise, which calls for accurate and effective diagnostics, which is expected to fuel industry growth. The need for effective solutions to enhance livestock productivity in developing economies will drive adoption in the next few years.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Veterinary X-ray Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Veterinary X-ray Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.