Veterinary Endoscopy Market by Product Type, Procedure, Animal Type, End-User, and Region – Global Market Size Estimation, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2029
Overview
Veterinary Endoscopy Market is expected to reach US$ 287.10 Mn. at a CAGR of 5.5 % during the forecast period 2029.
Veterinary endoscopy device is an instrument that is used to look inside the body. Normally endoscopes are flexible, rigid, ingestible, and robot-assisted, which are specially used to examine the bladder, abdomen, oesophagus and another internal organ. It is mainly used for diagnosis or surgery purposes to identify and cure the injured area.
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The major factor driving the veterinary endoscopy market is the increase in the adoption rate of equivalent animals particularly cats and dogs per households. In addition to this, it is the animal health expenditure together with the rapid development in the animal healthcare infrastructure that has boosted the overall market size. Increasing demand for pet animals worldwide and rise in incidences of gastrointestinal ailments among pet animals are a few other driving factors for global market.
Global Veterinary Endoscopy Market is segmented by product type, procedure, animal type, end user, and region. Global market devices have the predominant usage in hospitals, and clinics were pets are brought for treatment.
The companion animal segment is anticipated to hold the major market share in 2022 and the growth is also expected to be high during the forecast period. The growth can be attributed to the advantages offered at a hospital which includes a cost-effective solution and suitable care provided according to health needs as well as increasing patient’s preference for healthcare.
The major players in the market are Endoscopy Support Services (US), Biovision Veterinary Endoscopy (US), Welch Allyn (US), Dr. Fritz (Germany), KARL STORZ (Germany), Fujifilm (Japan), Olympus (Japan), Eickemeyer (Germany), B. Braun (Germany), and STERIS (UK).
Considering the regional segments, the North America market held the highest market share in 2022 and holds potential for strong growth in the upcoming years as well. A few key factors driving the overall growth of the veterinary endoscope market in North America are numerous veterinary hospitals & clinics, favorable medical policies for pets, and cost-effective treatment costs among others.
The objective of the report is to present comprehensive Global Veterinary Endoscopy Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Veterinary Endoscopy Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Veterinary Endoscopy Market North America for Asia Pacific make the report investor’s guide.
The years that have been considered for the study are:
Base year – 2022
Estimated year – 2029
Forecast period – 2023 to 2029
Veterinary Endoscopy Market, Research Methodology:
The Global Veterinary Endoscopy Market is estimated by analyzing the data points obtained from various sources and conducting them into a predictor model created specifically for each individual market. The data points are extracted from paid and unpaid sources along with paid primary interviews with key opinion leaders in the market. Key opinion leaders from both demand and supply sides of the market were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this analysis. This country-specific analysis was accumulated to establish regional numbers and then arrive at the global market value for Global Veterinary Endoscopy Market.
Veterinary Endoscopy Market Key target audience:
Veterinary endoscope manufacturers
Animal health research and development companies
Veterinary reference laboratories
Veterinary hospitals and diagnostic imaging laboratories
Venture capitalists and investors
Government associations
Veterinary Endoscopy Market Scope: Inquire before buying
| Veterinary Endoscopy Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2022 | Forecast Period: | 2023-2029 |
| Historical Data: | 2018 to 2022 | Market Size in 2022: | US $ 197.36 Mn. |
| Forecast Period 2023 to 2029 CAGR: | 5.5% | Market Size in 2029: | US $ 287.10 Mn. |
| Segments Covered: | By Product Type | Flexible Endoscopes Video Endoscopes Fibre-optic Endoscopes Rigid Endoscopes Other |
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| By Procedure | Flexible Endoscopy Gastroduodenoscopy Colonoscopy Bronchoscopy Male Urethrocystoscopy Tracheoscopy Other Rigid Endoscopy Laparoscopy Otoscopy Rhinoscopy Thoracoscopy Arthroscopy Other |
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| By Animal Type | Companion Animals Large Animals Other |
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| By End User | Hospitals Academic Institutes Clinics |
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Veterinary Endoscopy Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Veterinary Endoscopy Market key Players:
1. Endoscopy Support Services (US),
2. Biovision Veterinary Endoscopy (US),
3. Welch Allyn (US),
4. Dr. Fritz (Germany),
5. KARL STORZ (Germany),
6. Fujifilm (Japan),
7. Olympus (Japan),
8. Eickemeyer (Germany),
9. B. Braun (Germany),
10. STERIS (UK).
11. DRE Veterinary
12. PENTAX Medical
13. Richard Wolf GmbH
14. Harvard Apparatus
15. Shanghai Aohua Photoelectricity Endoscope Co., Ltd.
16. infiniti Medical
Frequently Asked Questions:
1. Which region has the largest share in Global Veterinary Endoscopy Market?
Ans: North America region held the highest share in 2022.
2. What is the growth rate of Global Veterinary Endoscopy Market?
Ans: The Global Veterinary Endoscopy Market is growing at a CAGR of 5.5% during forecasting period 2023-2029.
3. What is scope of the Global Veterinary Endoscopy market report?
Ans: Global Veterinary Endoscopy Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Veterinary Endoscopy market?
Ans: The important key players in the Global Veterinary Endoscopy Market are – General Electric Company, Koninklijke Philips N.V, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, BPL Medical Technologies, Midmark Corp, Schiller, Hill-Rom Services Inc, Fukuda Denshi, Medtronic, and Nihon Kohden Corporation
5. What is the study period of this market?
Ans: The Global Veterinary Endoscopy Market is studied from 2022 to 2029.