VETERINARY RADIOGRAPHY FLAT PANEL DETECTOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Digital radiography is a part of diagnostic imaging method which is used for examining any injury or disease in animals. Any part of the body such as bones, heart, lungs, and abdomen can be examined with the help of digital radiography. Flat panel detectors are part of digital radiography. Flat panel detectors convert X-Rays into light or charge, which is then read with the help of thin film transistors. There are two types of flat panel detectors which are indirect conversion and direct conversion detectors.

Global Veterinary Radiography Flat Panel Detector Market Drivers            

Adoption of strategies such as partnerships, collaborations, mergers and acquisitions by key players is expected to positively influence the global veterinary radiography flat panel detector market growth. For instance, in April 2019, Varex Imaging Corporation, a medical X–ray imaging component manufacturing company, acquired Direct Conversion AB (publ), a company focused on developing and manufacturing X-ray based imaging solutions, in order to expand their product portfolio. Varex Imaging Corporation is going to include linear array digital detectors to its product line (manufactured by Direct Conversion AB) through this acquisition. Also, in May 2017, Varex Imaging Corporation acquired the medical imaging business of PerkinElmer Inc. These factors are expected to drive global veterinary radiography flat panel detector market growth.

Furthermore, strategies such as expansion of business in other regions by key players is also expected to propel the global veterinary radiography flat panel detector market growth over the forecast period. For instance, in February 2019, Varex Imaging Corporation, U.S. based company showcased products such as an X-ray tube, flat panel detectors, and software solutions, at the European Congress of Radiology conference. The company showcased its latest products alongside other radiology professionals, radiologists, and physicists at the conference.

Global Veterinary Radiography Flat Panel Detector Market Regional Analysis

North America is expected to hold a dominant position in the global veterinary radiography flat panel detector market over the forecast period. Factor such as presence of qualified veterinary technicians is expected to have a positive impact on the North America veterinary radiography flat panel detector market growth. For instance, in September 2018, National Association of Veterinary Technicians in America established the Academy of Veterinary Technicians in Diagnostic Imaging. It focuses on training veterinary technicians in terms of emerging technologies such as computed tomography (CT), ultrasonography, radiography (which includes flat panel detectors), and Magnetic Resonance Imaging (MRI). Increase in qualified veterinary personnel for handling technologies such as detectors, is expected to support global veterinary radiography flat panel detector market growth.

Global Veterinary Radiography Flat Panel Detector Market Restraints

There are few side effects associated with radiography such as anemia, vomiting, internal bleeding, diarrhea, and permanent sterilization. Moreover, alternatives to radiography such as ultrasonic testing can lead to a decrease in adoption of radiography flat panel detectors. Hence, these factors are expected to restrain the global veterinary radiography flat panel detector market growth.

Global Veterinary Radiography Flat Panel Detector Market Key Players

Some of the major players operating in the global veterinary radiography flat panel detector market include, PROTEC GmbH & Co. KG, PLH Medical Ltd., OR Technology, Raytech Diagnostics, Varex Imaging Corporation, FUJIFILM Corporation, Diagnostic Imaging Systems, Vieworks Co., Ltd., and MyVet.

Global Veterinary Radiography Flat Panel Detector Market Taxonomy

The global veterinary radiography flat panel detector market is segmented on the basis of product type, end user, and region. 

By Product Type

• Indirect Conversion Flat Panel Detectors
• Direct Conversion Flat Panel Detectors

By End User

• Veterinary Hospitals
• Diagnostic Centre
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa