2024 - Veterinary Endoscopy Market Report with Key Players, Emerging Trends and Industry Updates

Top players in veterinary endoscopy market include KARL STORZ (Germany), Welch Allyn (US), STERIS (UK), Endoscopy Support Services (US), Olympus (Japan), Fujifilm (Japan), Eickemeyer (Germany), B. Braun (Germany), Biovision Veterinary Endoscopy (US),and Dr. Fritz (Germany).

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The veterinary endoscopy market is expected to reach USD 219 million by 2023 from USD 159.8 million in 2018, at a CAGR of 6.5%. The increasing use of endoscopes in the diagnosis of gastrointestinal diseases, rising number of veterinary endoscopy training programs, advanced applications of veterinary endoscopy, increasing pet insurance and growing animal health expenditure.

Executive Summary

Premium Insights
4.1 Veterinary Endoscopy: Market Overview
4.2 Asia Pacific: Veterinary Flexible Endoscopy Market, By Procedure and Country (2017)
4.3 Veterinary Endoscopy Market, By Product Type (2018–2023)
4.4 Geographical Snapshot of the Market

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Endoscopes in the Diagnosis of Gastrointestinal Diseases
5.2.1.2 Rising Number of Veterinary Endoscopy Training Programs
5.2.1.3 Increasing Pet Insurance and Growing Animal Health Expenditure
5.2.1.4 Growing Population of Companion Animals
5.2.1.5 Advanced Applications of Veterinary Endoscopy
5.2.1.6 Rising Demand for Animal-Derived Food Products
5.2.1.7 Growth in the Number of Veterinary Practitioners
5.2.2 Restraints
5.2.2.1 High Cost of Veterinary Endoscopes
5.2.2.2 Increasing Pet Care Costs
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Capsule Endoscopy
5.2.3.2 Growth Opportunities in Emerging Economies
5.2.4 Challenges
5.2.4.1 Lack of Animal Health Awareness in Emerging Economies
5.2.4.2 Shortage of Veterinarians in Developing Countries

The global veterinary endoscopes market is classified into flexible, rigid, capsule and robot assisted endoscopes. The flexible segment claimed the largest market share in 2016 followed by other segments. Wide application in the gastrointestinal endoscopy procedures makes the flexible endoscopes segment as the leading contributor in the global veterinary endoscopes market. The flexible endoscopes segment, further categorized into fiberoptic and video endoscopes.

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The veterinary endoscopy market is segmented into hospitals and academic institutes and clinics. Hospitals and academic institutes segment is expected to grow at the highest CAGR during forecast period. Veterinary endoscopy are widely used by hospitals and hospitals-attached diagnostic imaging centers for visualization of internal organs, which is key factor driving growth of this end-user segment.

Target Audience for this Report:
• Veterinary endoscope manufacturers
• Veterinary endoscope distributors
• Animal health research and development companies
• Veterinary reference laboratories
• Veterinary hospitals and diagnostic imaging laboratories
• Market research and consulting firms
• Venture capitalists and investors
• Government associations

Report analyses veterinary endoscopy market by product type, procedure, animal type, end user, and region. Apart from a comprehensive geographic product analysis and market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years. Company profiles include product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in market.

Access 22% Premium Discount on “Veterinary Endoscopy Market by Product Type (Flexible, Videoscope, Fibreoptic, Rigid), Procedure (Bronchoscopy, Laparoscopy, Gastroduodenoscopy, Colonoscopy, Rhinoscopy), Animal (Companion, Large), End User (Hospitals, Clinics) - Global Forecast to 2023” report at http://www.reportsnreports.com/contacts/discount.aspx?name=1564549 .

The veterinary endoscopy market in the Asia Pacific region is expected to register the highest CAGR during the forecast period. Growth in this region can be attributed to the government efforts to increase awareness about the early detection of animal diseases, growing pet adoption, and increasing number of veterinary hospitals and clinics in India and China.

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