As per this study the global veterinary endoscopy market was valued USD 204.65 MN (by revenue) in 2022 and is anticipated to reach USD 364.99 MN by 2030 with a CAGR of 7.5%.
Endoscopy refers to the process of examining body organ or cavity to obtain information for appropriate diagnosis and treatment. This is an advanced and efficient technique for treating organs that are difficult to access and diagnose. It is performed by use of endoscope, a flexible or sometimes rigid fiber optic device. Primarily, it is used to treat humans but nowadays, it is common practice in veterinary science to reduce pain, recovery timespan and complications within pets.
Market Dynamics
Rise in cases of anthrax, foot and mouth disease, and other infectious diseases within pets are promoting the adoption of endoscopy in veterinary medicine. Growing pet population along with increase in spending on pet care is fueling the market growth. Also, increasing demand for advanced medical technology and equipment for diagnosis of animals is further pushing the market growth. On the other hand, high cost of veterinary devices coupled within lack of skilled professionals is expected to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of veterinary endoscopy.
Market Segmentation
The broad veterinary endoscopy market has been sub-grouped into product, procedure, animal type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Flexible Endoscopes (Video Endoscopes, Fiber Optic Endoscopes)
- Rigid Endoscopes
- Others
By Procedure
- Flexible Endoscopy
- Rigid Endoscopy
- Others
By Animal Type
- Companion Animals
- Large Animals
- Other
By End User
- Hospitals & Academic Institutes
- Clinics
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for veterinary endoscopy in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Veterinary Endoscopy Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the veterinary endoscopy market include 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). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.