X-ray machines are equipment that produce
x-ray radiations. These x-ray radiations are then used for medical
diagnosis and interventions (e.g. catheter placement). X-ray machines
are also used for diagnosis of disorders in animals.
The global veterinary x-ray market is primarily driven by rapid rise
in pet population across the world. The Pet Food Manufacturers
Association, the U.K., estimated that 11 million households in the
country had pets IN 2016, which grew to 12 million in 2017, and it is
projected that the number of pet ownership will increase in the near
future. Moreover, according to the Animal Medicines Australia, there
were more than 24 million pets in the country in 2016, out of which, 4.8
million were dogs, and it rose by approximately 3% from 2013 to 2016.
With the growth in pet population, demand for diagnosis of pets has also
been increasing across the world, which is directly propelling the
growth of the global veterinary x-ray market. In addition, rise in
incidences of orthopedic diseases among animals is likely to drive the
global veterinary x-ray market in the near future.
Despite the increasing incidence of orthopedic diseases among animals
and growing pet population worldwide, high cost of veterinary X-ray
instruments and limited number of skilled veterinary technicians are
likely to restrain the growth of the global veterinary X-ray market
during the forecast period. In many rural areas, the ratio or number of
doctors against farm animal is very low. For instance, in Kansas (the
U.S.), the size of cattle population is more than 240,500 against which
the number of accredited veterinary technicians is only 8, i.e. 30,062: 1
in ratio (animal to veterinary technician).
Rise in percentage of pet insurance shows
that pet owners are highly conscious about the well-being of their pets
and this removes the cost burden of treatment associates with pets.
With the help of pet health insurance policies, pet owners are able to
opt for effective treatment for their pets, which in turn, creates an
opportunity for market players to introduce advanced equipment for pet
treatment.
In terms of product type, the global
veterinary X-ray market can be segmented into portable and stationary.
The portal product segment can be further classified into mobile and
handheld. Based on animal type, the global veterinary X-ray market can
be divided into companion and livestock. Based on companion animal, the
market can be sub-segmented into feline, canine, and equine, while in
terms of livestock, it can be sub-divided into ovine, bovine, porcine,
and others. By end-user, the global veterinary X-ray market can be
categorized into veterinary hospitals, veterinary clinics, and others.
Geographically, the global veterinary X-ray market can be segmented
into North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa. North America constituted the dominant share of the
global veterinary X-ray market in 2017 due to the presence of a large
number of veterinary clinics and hospitals in the region. Factors, such
as, well-established veterinary infrastructure and increasing adoption
of pets are likely to boost the growth of the global veterinary X-ray
market in Europe during the forecast period. The significant share of
Asia Pacific in the global veterinary X-ray market can be attributed to
the rise in disposable income among people and growing pet population in
the region. However, underdeveloped veterinary infrastructure is likely
to hinder the growth of the veterinary X-ray market in Middle East
& Africa during the forecast period.
Key companies operating in the global
veterinary X-ray market include Comeselectro, Sedecal, CFD, I.P.S.
Medical, Control X- Medical, Examion, Fovea, Cuattro, and Vet-Ray.
No comments:
Post a Comment