Veterinary Dental X-Ray Market size is set to register remarkable growth rate during the forecast period i.e., between 2024-2036.
The increasing demand for pet insurance with the rising animal health expenditure, along with the growing number of veterinary healthcare providers, are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the increasing per capita income in developed regions and the rise in domestic animal population on a global level.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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Regional Scope |
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The market is segmented on the basis of technology into computed radiography systems, direct radiography systems, film-based radiography systems, and others, out of which, the computed radiography systems’ segment is anticipated to grab the largest share by the end of 2021 on account of rising need for greater flexibility and more advantages of computed radiography systems than other traditional x-ray systems. Moreover, computed radiography systems is widely being used due to its relative affordability, which is also projected to contribute to the growth of the segment during the forecast period.
On the basis of end-user, the veterinary hospitals segment in the market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the widespread adoption of veterinary dental x-ray systems in veterinary hospitals as a result of increasing demand for advanced veterinary facilities.
Our in-depth analysis of the global market includes the following segments:
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By Technology |
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By End-User |
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Geographically, the veterinary dental x-ray market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific industry is predicted to dominate majority revenue share by 2036, owing to increasing rate of adoption of companion animals, and government initiatives for animal health in the region.
Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the growing animal health expenditure, accompanied by the high per capita income in the region. Along with this, North America also leads in terms of adoption of animals, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the market on account of increasing population of companion animals and a high prevalence of animal diseases in the region. According to a research, the population of pet cats in Europe was 106 million in 2019, while one in every five households in Europe owned at least one pet dog.
Author Credits: Radhika Pawar
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