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Veterinary Endoscopy Market
Veterinary Endoscopy Market devices were USD 153 Million in 2017, and it is estimated to grow at a CAGR of 6.4 % from 2017 to 2024.
Global Veterinary Endoscopy Market
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.
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 Veterinary Endoscopy Market.
Global Veterinary Endoscopy Market is segmented by product type, procedure, animal ...
... type, end user, and region. Global veterinary endoscopy 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 2016 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 2016 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 years that have been considered for the study are:
• Base year – 2016
• Estimated year – 2017
• Forecast period – 2017 to 2024
Global Veterinary Endoscopy Market, Segmentation
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Global Veterinary Endoscopy Market, By Product Type
• Flexible Endoscopes
o Video Endoscopes
o Fibre-optic Endoscopes
• Rigid Endoscopes
Global Veterinary Endoscopy Market, By Procedure
• Flexible Endoscopy
o Male Urethrocystoscopy
• Rigid Endoscopy
Global Veterinary Endoscopy Market, By Animal Type
• Companion Animals
• Large Animals
Global Veterinary Endoscopy Market, By End User
• Academic Institutes
Global Veterinary Endoscopy Market, By Region
• Rest of Europe
• South Korea
• Rest of Asia Pacific
Rest of the World (RoW):
• Latin America
Global Veterinary Endoscopy Market1
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.
Key target audience:
• Veterinary endoscope manufacturers
• Veterinary endoscope distributors
• Animal health research and development companies
• Veterinary reference laboratories
• Veterinary hospitals and diagnostic imaging laboratories
• Venture capitalists and investors
• Government associations
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