Veterinary X-ray Diagnostic Instrument Market, Global Outlook and Forecast 2023-2029
Report ID
43259
Publisher
Market Monitor Global
Published Date
07-Dec
Delivery Format
PDF
No of Report Page
160
Editor's Rating
US $3,250.00
US $4,225.00
US $4,875.00
  • Report Details 
    This research report provides a comprehensive analysis of the Veterinary X-ray Diagnostic Instrument market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Veterinary X-ray Diagnostic Instrument market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Veterinary X-ray Diagnostic Instrument, challenges faced by the industry, and potential opportunities for market players.
The global Veterinary X-ray Diagnostic Instrument market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Veterinary X-ray Diagnostic Instrument market presents opportunities for various stakeholders, including Hospitals, Clinics. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Veterinary X-ray Diagnostic Instrument market. Additionally, the growing consumer demand present avenues for market expansion.
The global Veterinary X-ray Diagnostic Instrument market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period.
Key Features:
The research report on the Veterinary X-ray Diagnostic Instrument market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Veterinary X-ray Diagnostic Instrument market.
Market Overview: The report provides a comprehensive overview of the Veterinary X-ray Diagnostic Instrument market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Fixed, Portable), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Veterinary X-ray Diagnostic Instrument market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Veterinary X-ray Diagnostic Instrument market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Veterinary X-ray Diagnostic Instrument market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments. 
Market Segmentation and Forecast: The report segment the Veterinary X-ray Diagnostic Instrument market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Veterinary X-ray Diagnostic Instrument market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Veterinary X-ray Diagnostic Instrument market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Veterinary X-ray Diagnostic Instrument, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Veterinary X-ray Diagnostic Instrument market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Veterinary X-ray Diagnostic Instrument market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
    Fixed
    Portable
Market segment by Application
    Hospitals
    Clinics
    Research Institute
    Others
Global Veterinary X-ray Diagnostic Instrument Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Major players covered
    IDEXX Laboratories
    Agfa-Gevaert Group
    Onex Corporation
    Siemens
    Canon
    Sedecal
    Heska
    Air Techniques
    Protec
    Konica Minolta
    Innovet
    Mednva
    Examion
    DBC Healthcare
    Control-X Medical
    Poskom
    Josef Betschart
    Nanning Yiju
    Spellman
    Diagnostic Imaging Systems, Inc. (DIS)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Veterinary X-ray Diagnostic Instrument, market overview.
Chapter 2: Global Veterinary X-ray Diagnostic Instrument market size in revenue and volume.
Chapter 3: Detailed analysis of Veterinary X-ray Diagnostic Instrument manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Veterinary X-ray Diagnostic Instrument in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Veterinary X-ray Diagnostic Instrument capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
  • Table Of Content 
    1 Introduction to Research & Analysis Reports
    1.1 Veterinary X-ray Diagnostic Instrument Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Veterinary X-ray Diagnostic Instrument Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Veterinary X-ray Diagnostic Instrument Overall Market Size
    2.1 Global Veterinary X-ray Diagnostic Instrument Market Size: 2022 VS 2029
    2.2 Global Veterinary X-ray Diagnostic Instrument Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Veterinary X-ray Diagnostic Instrument Sales: 2018-2029
3 Company Landscape
    3.1 Top Veterinary X-ray Diagnostic Instrument Players in Global Market
    3.2 Top Global Veterinary X-ray Diagnostic Instrument Companies Ranked by Revenue
    3.3 Global Veterinary X-ray Diagnostic Instrument Revenue by Companies
    3.4 Global Veterinary X-ray Diagnostic Instrument Sales by Companies
    3.5 Global Veterinary X-ray Diagnostic Instrument Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Veterinary X-ray Diagnostic Instrument Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Veterinary X-ray Diagnostic Instrument Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Veterinary X-ray Diagnostic Instrument Players in Global Market
        3.8.1 List of Global Tier 1 Veterinary X-ray Diagnostic Instrument Companies
        3.8.2 List of Global Tier 2 and Tier 3 Veterinary X-ray Diagnostic Instrument Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Veterinary X-ray Diagnostic Instrument Market Size Markets, 2022 & 2029
        4.1.2 Fixed
        4.1.3 Portable
    4.2 By Type - Global Veterinary X-ray Diagnostic Instrument Revenue & Forecasts
        4.2.1 By Type - Global Veterinary X-ray Diagnostic Instrument Revenue, 2018-2023
        4.2.2 By Type - Global Veterinary X-ray Diagnostic Instrument Revenue, 2024-2029
        4.2.3 By Type - Global Veterinary X-ray Diagnostic Instrument Revenue Market Share, 2018-2029
    4.3 By Type - Global Veterinary X-ray Diagnostic Instrument Sales & Forecasts
        4.3.1 By Type - Global Veterinary X-ray Diagnostic Instrument Sales, 2018-2023
        4.3.2 By Type - Global Veterinary X-ray Diagnostic Instrument Sales, 2024-2029
        4.3.3 By Type - Global Veterinary X-ray Diagnostic Instrument Sales Market Share, 2018-2029
    4.4 By Type - Global Veterinary X-ray Diagnostic Instrument Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Veterinary X-ray Diagnostic Instrument Market Size, 2022 & 2029
        5.1.2 Hospitals
        5.1.3 Clinics
        5.1.4 Research Institute
        5.1.5 Others
    5.2 By Application - Global Veterinary X-ray Diagnostic Instrument Revenue & Forecasts
        5.2.1 By Application - Global Veterinary X-ray Diagnostic Instrument Revenue, 2018-2023
        5.2.2 By Application - Global Veterinary X-ray Diagnostic Instrument Revenue, 2024-2029
        5.2.3 By Application - Global Veterinary X-ray Diagnostic Instrument Revenue Market Share, 2018-2029
    5.3 By Application - Global Veterinary X-ray Diagnostic Instrument Sales & Forecasts
        5.3.1 By Application - Global Veterinary X-ray Diagnostic Instrument Sales, 2018-2023
        5.3.2 By Application - Global Veterinary X-ray Diagnostic Instrument Sales, 2024-2029
        5.3.3 By Application - Global Veterinary X-ray Diagnostic Instrument Sales Market Share, 2018-2029
    5.4 By Application - Global Veterinary X-ray Diagnostic Instrument Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Veterinary X-ray Diagnostic Instrument Market Size, 2022 & 2029
    6.2 By Region - Global Veterinary X-ray Diagnostic Instrument Revenue & Forecasts
        6.2.1 By Region - Global Veterinary X-ray Diagnostic Instrument Revenue, 2018-2023
        6.2.2 By Region - Global Veterinary X-ray Diagnostic Instrument Revenue, 2024-2029
        6.2.3 By Region - Global Veterinary X-ray Diagnostic Instrument Revenue Market Share, 2018-2029
    6.3 By Region - Global Veterinary X-ray Diagnostic Instrument Sales & Forecasts
        6.3.1 By Region - Global Veterinary X-ray Diagnostic Instrument Sales, 2018-2023
        6.3.2 By Region - Global Veterinary X-ray Diagnostic Instrument Sales, 2024-2029
        6.3.3 By Region - Global Veterinary X-ray Diagnostic Instrument Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Veterinary X-ray Diagnostic Instrument Revenue, 2018-2029
        6.4.2 By Country - North America Veterinary X-ray Diagnostic Instrument Sales, 2018-2029
        6.4.3 US Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.4.4 Canada Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.4.5 Mexico Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Veterinary X-ray Diagnostic Instrument Revenue, 2018-2029
        6.5.2 By Country - Europe Veterinary X-ray Diagnostic Instrument Sales, 2018-2029
        6.5.3 Germany Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.4 France Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.5 U.K. Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.6 Italy Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.7 Russia Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.8 Nordic Countries Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.5.9 Benelux Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Veterinary X-ray Diagnostic Instrument Revenue, 2018-2029
        6.6.2 By Region - Asia Veterinary X-ray Diagnostic Instrument Sales, 2018-2029
        6.6.3 China Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.6.4 Japan Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.6.5 South Korea Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.6.6 Southeast Asia Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.6.7 India Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Veterinary X-ray Diagnostic Instrument Revenue, 2018-2029
        6.7.2 By Country - South America Veterinary X-ray Diagnostic Instrument Sales, 2018-2029
        6.7.3 Brazil Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.7.4 Argentina Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Veterinary X-ray Diagnostic Instrument Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Veterinary X-ray Diagnostic Instrument Sales, 2018-2029
        6.8.3 Turkey Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.8.4 Israel Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.8.5 Saudi Arabia Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
        6.8.6 UAE Veterinary X-ray Diagnostic Instrument Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 IDEXX Laboratories
        7.1.1 IDEXX Laboratories Company Summary
        7.1.2 IDEXX Laboratories Business Overview
        7.1.3 IDEXX Laboratories Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.1.4 IDEXX Laboratories Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.1.5 IDEXX Laboratories Key News & Latest Developments
    7.2 Agfa-Gevaert Group
        7.2.1 Agfa-Gevaert Group Company Summary
        7.2.2 Agfa-Gevaert Group Business Overview
        7.2.3 Agfa-Gevaert Group Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.2.4 Agfa-Gevaert Group Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.2.5 Agfa-Gevaert Group Key News & Latest Developments
    7.3 Onex Corporation
        7.3.1 Onex Corporation Company Summary
        7.3.2 Onex Corporation Business Overview
        7.3.3 Onex Corporation Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.3.4 Onex Corporation Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.3.5 Onex Corporation Key News & Latest Developments
    7.4 Siemens
        7.4.1 Siemens Company Summary
        7.4.2 Siemens Business Overview
        7.4.3 Siemens Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.4.4 Siemens Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.4.5 Siemens Key News & Latest Developments
    7.5 Canon
        7.5.1 Canon Company Summary
        7.5.2 Canon Business Overview
        7.5.3 Canon Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.5.4 Canon Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.5.5 Canon Key News & Latest Developments
    7.6 Sedecal
        7.6.1 Sedecal Company Summary
        7.6.2 Sedecal Business Overview
        7.6.3 Sedecal Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.6.4 Sedecal Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.6.5 Sedecal Key News & Latest Developments
    7.7 Heska
        7.7.1 Heska Company Summary
        7.7.2 Heska Business Overview
        7.7.3 Heska Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.7.4 Heska Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.7.5 Heska Key News & Latest Developments
    7.8 Air Techniques
        7.8.1 Air Techniques Company Summary
        7.8.2 Air Techniques Business Overview
        7.8.3 Air Techniques Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.8.4 Air Techniques Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.8.5 Air Techniques Key News & Latest Developments
    7.9 Protec
        7.9.1 Protec Company Summary
        7.9.2 Protec Business Overview
        7.9.3 Protec Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.9.4 Protec Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.9.5 Protec Key News & Latest Developments
    7.10 Konica Minolta
        7.10.1 Konica Minolta Company Summary
        7.10.2 Konica Minolta Business Overview
        7.10.3 Konica Minolta Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.10.4 Konica Minolta Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.10.5 Konica Minolta Key News & Latest Developments
    7.11 Innovet
        7.11.1 Innovet Company Summary
        7.11.2 Innovet Business Overview
        7.11.3 Innovet Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.11.4 Innovet Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.11.5 Innovet Key News & Latest Developments
    7.12 Mednva
        7.12.1 Mednva Company Summary
        7.12.2 Mednva Business Overview
        7.12.3 Mednva Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.12.4 Mednva Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.12.5 Mednva Key News & Latest Developments
    7.13 Examion
        7.13.1 Examion Company Summary
        7.13.2 Examion Business Overview
        7.13.3 Examion Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.13.4 Examion Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.13.5 Examion Key News & Latest Developments
    7.14 DBC Healthcare
        7.14.1 DBC Healthcare Company Summary
        7.14.2 DBC Healthcare Business Overview
        7.14.3 DBC Healthcare Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.14.4 DBC Healthcare Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.14.5 DBC Healthcare Key News & Latest Developments
    7.15 Control-X Medical
        7.15.1 Control-X Medical Company Summary
        7.15.2 Control-X Medical Business Overview
        7.15.3 Control-X Medical Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.15.4 Control-X Medical Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.15.5 Control-X Medical Key News & Latest Developments
    7.16 Poskom
        7.16.1 Poskom Company Summary
        7.16.2 Poskom Business Overview
        7.16.3 Poskom Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.16.4 Poskom Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.16.5 Poskom Key News & Latest Developments
    7.17 Josef Betschart
        7.17.1 Josef Betschart Company Summary
        7.17.2 Josef Betschart Business Overview
        7.17.3 Josef Betschart Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.17.4 Josef Betschart Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.17.5 Josef Betschart Key News & Latest Developments
    7.18 Nanning Yiju
        7.18.1 Nanning Yiju Company Summary
        7.18.2 Nanning Yiju Business Overview
        7.18.3 Nanning Yiju Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.18.4 Nanning Yiju Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.18.5 Nanning Yiju Key News & Latest Developments
    7.19 Spellman
        7.19.1 Spellman Company Summary
        7.19.2 Spellman Business Overview
        7.19.3 Spellman Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.19.4 Spellman Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.19.5 Spellman Key News & Latest Developments
    7.20 Diagnostic Imaging Systems, Inc. (DIS)
        7.20.1 Diagnostic Imaging Systems, Inc. (DIS) Company Summary
        7.20.2 Diagnostic Imaging Systems, Inc. (DIS) Business Overview
        7.20.3 Diagnostic Imaging Systems, Inc. (DIS) Veterinary X-ray Diagnostic Instrument Major Product Offerings
        7.20.4 Diagnostic Imaging Systems, Inc. (DIS) Veterinary X-ray Diagnostic Instrument Sales and Revenue in Global (2018-2023)
        7.20.5 Diagnostic Imaging Systems, Inc. (DIS) Key News & Latest Developments
8 Global Veterinary X-ray Diagnostic Instrument Production Capacity, Analysis
    8.1 Global Veterinary X-ray Diagnostic Instrument Production Capacity, 2018-2029
    8.2 Veterinary X-ray Diagnostic Instrument Production Capacity of Key Manufacturers in Global Market
    8.3 Global Veterinary X-ray Diagnostic Instrument Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Veterinary X-ray Diagnostic Instrument Supply Chain Analysis
    10.1 Veterinary X-ray Diagnostic Instrument Industry Value Chain
    10.2 Veterinary X-ray Diagnostic Instrument Upstream Market
    10.3 Veterinary X-ray Diagnostic Instrument Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Veterinary X-ray Diagnostic Instrument Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer
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