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North America Veterinary Radiography Systems Market Analysis and Forecasts, By Product Type 2024

05-31-2017 03:31 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

North America Veterinary Radiography Systems Market Analysis

North America Veterinary Radiography Systems Market: Snapshot

The radiography is the technique of creating high-quality anatomic images by using X-rays. The target is given radiographic exposure through X-ray generator to develop the desired image. Today, veterinary radiography systems are being extensively used to understand the complex conditions suffered by animals. The rising adoption of pets and breeding of animals for poultry purposes is expected to boost the uptake of these systems in the coming years. According to the report, the North America veterinary radiography systems market is estimated to reach a valuation of US$294.5 mn by the end of 2024 as it promises to surge at a CAGR of 5.8% from 2016 to 2024.

This 117 page report gives readers a comprehensive overview of the North America Veterinary Radiography Systems Market. Browse through 11 data tables and 52 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/north-america-veterinary-radiography-systems-market.html

Increasing Pet Adoption Spikes Demand for Veterinary Radiography Systems

The global market is likely to thrive against the backdrop of increasing pet adoption across the U.S. and Canada. The market is also likely to benefit from the growing awareness about animal health. The emerging trend of veterinary clinics and the concerns pertaining to animal diseases have also kept the sales of veterinary radiography systems on the upswing. The strengthening perception of owning animals as a status symbol, humanitarian causes along with therapeutic and psychological benefits are also expected to lend this market an adequate impetus. Furthermore, the growing participation of these animals in several sports and adventures has triggered a necessity for veterinary radiography systems to evaluate their sports injuries. Some of the frequently treated injuries with these systems are several heart attacks, broken legs, broken necks, and fractured skulls.

On the basis of technology, veterinary radiography systems market is segmented into film screen radiography, digital radiography, and computed radiography. Of these, the digital radiography segment dominated the North America veterinary radiography systems market in 2015. The advantage of this technology to produce images within seconds of exposure has been its winning attribute for the past few years. Owing to this factor, the digital radiography is capable of reducing exposure to the radiation.

Based on applications, the market of veterinary radiography systems market is divided into orthopedic and rheumatology, cardiology, oncology, nephrology, and others. Analysts anticipate that the orthopedic and rheumatology segment will dominate the market between 2016 and 2024. Growing number of bone injuries during training and sports activity has boosted the adoption of veterinary radiography system devices.

U.S. Exhibits Robust Growth Rate in Overall Market as Expenditure on Pets Improves

Geographically, the market has been segmented into U.S. and Canada markets. The U.S. dominated the North America veterinary radiography systems market in 2015 and is expected to maintain its stance in the coming years as well. This trend will fortify as growing number of citizens are adopting pets across the U.S. The American Pet Products Association stated that the U.S. pet industry expenditure was US$60.28 bn in 2015 and is expected to show a steady growth rate during the forecast years as well. On the other hand, Canada is expected to exhibit a sluggish growth rate in the overall veterinary radiography systems market during the forecast period.

Get accurate market forecast and analysis on the North America Veterinary Radiography Systems Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17630

Some of the key players operating in the North America veterinary radiography systems market are Sound-Eklin- VCA Company, Idexx Laboratories, Canon, Inc., Fuji Medical Systems, Carestream, Cuattro Veterinary, iM3/Durr Medical, Sedecal and Vetel Diagnostics. The growth of this regional market will be due to the strong presence of these companies and their ardent efforts to offer systems to vets that are equipped with advanced features.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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