Veterinary Dental X-Ray Systems Market Overview By Share, Size, Industry Players, Revenue And Product Demand Forecast Till 2029

Research Nester released a report titled “Veterinary Dental X-Ray Systems: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global veterinary dental x-ray systems market in terms of market segmentation by technology, end-user, and region.

The veterinary dental x-ray systems market is projected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 on account of the rising demand for pet insurance with the growth in animal health expenditure. According to the data collected from a survey conducted by American Pet Products Association, in 2017-18, the estimated number of U.S. households owning a companion animal was 85 million, which was around 68% of total population of U.S.

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The market is segmented by technology into computed radiography systems, direct radiography systems, film-based radiography systems, and others. Among these segments, the computed radiography systems’ segment is anticipated to hold the largest share by the end of 2021 in the veterinary dental x-ray systems market as a result of the increasing need for greater flexibility and more benefits of computed radiography systems than other available x-ray systems.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the veterinary dental x-ray systems market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the high animal health expenditure in the region, especially in the United States, which also leads in terms of adoption of animals.

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Rising Demand for Pet Insurance and Growth in Animal Health Expenditure to Drive Market Growth

According to American Pet Products Association, it was estimated in 2017-18, that were 86.4 million pet cats and around 78.2 million pet dogs in U.S.

The rise in per capita income is a major driving factor for greater adoption of pets. It has been observed that the rise in demand for pet insurance has invariably led to the growth of veterinary dental x-ray systems market. Additionally, the growth in animal health expenditure in recent years is also expected to boost the market growth in upcoming years. However, the high costs of pet care and lack of animal healthcare awareness in low income economies are some of the factors that are estimated to restrain market growth in the near future.

This report also provides the existing competitive scenario of some of the key players of the global veterinary dental x-ray systems marketwhich includes company profiling of IDEXX Laboratories, Aribex (KaVo Dental Group Planmeca, Sedecal USA, Inc., Midmark Animal Health, Scil Animal Care Company GmbH, MedicaTech Vet, DentalAire, and Diagnostic Imaging Systems. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global veterinary dental x-ray systems marketthat will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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