According to IMARC Group’s latest report, titled “Veterinary Endoscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the study provides a detailed analysis of the industry, including the global veterinary endoscopy market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Veterinary Endoscopy Market?
The global veterinary endoscopy market size reached a value of US$ 197.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 273.7 Million by 2027, exhibiting at a CAGR of 5.6% during 2022-2027.
What is Veterinary Endoscopy?
Veterinary endoscopy is a medical procedure used to examine the internal organs of animals or pets by introducing endoscopes. An endoscope is a flexible device with an attached camera inserted into the stomach through the colon or the mouth of the animal. The procedure involves low risk and causes minimal discomfort or pain to the animal. As a result, veterinary endoscopies are conducted at veterinary hospitals, pet clinics, and academic institutes.
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What are the growth prospects and trends in the veterinary endoscopy industry?
The rising prevalence of infectious diseases among pets is one of the primary factors driving the global market. For instance, veterinary endoscopy is widely used to diagnose ailments, such as foot-and-mouth disease, brucellosis, bovine spongiform encephalopathy and anthrax. In addition, the development of capsule endoscopy to diagnose tumors, polyps, or gastrointestinal bleeding is contributing to the market growth. Moreover, the increasing domestication of animals and convenient availability of pet insurance services are also anticipated to propel the market growth in the upcoming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- Avante Health Solutions
- Braun Melsungen AG
- Biovision Veterinary Endoscopy LLC
- Fritz Endoscopes GmbH
- Eickemeyer Veterinary Equipment Ltd.
- FUJIFILM Corporation
- Karl Storz SE & Co. KG
- Olympus Corporation
- PENTAX Medical
- Richard Wolf GmbH
- Steris Corporation.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Capsule Endoscopes
- Flexible Endoscopes
- Rigid Endoscopes
- Robot Assisted Endoscopes
Breakup by Animal Type:
- Companion
- Livestock
Breakup by End User:
- Veterinary Hospitals
- Academic Institutes
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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