Veterinary Endoscopy Market Analysis, Size, Share, Growth, Trends and Forecast to 2025

Press Release

Global Veterinary Endoscopy Market was valued at USD 151.30 Billion in the year 2017. Global Veterinary Endoscopy Market is further estimated to grow at a CAGR of 6.5% from 2019 to reach USD 248.74 Billion by the year 2025. The North America region holds the highest Market share in 2017 and the Asia Pacific is considered as the fastest growing Market in the forecasted period. At a country level, US, China and U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

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Major market players in Veterinary Endoscopy Market are Endoscopy Support Services, Biovision Veterinary Endoscopy, Welch Allyn, Dr. Fritz, KARL STORZ, Fujifilm, Olympus, Eickemeyer, B. Braun, STERIs, and brief overview of 10 companies is also provided in the report.

Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

SWOT Analysis of Veterinary Endoscopy Market:
Growing pet population
High cost of Endoscopy devices
Advanced applications
Product innovations and technological development
Limited number of veterinarians

By Product Type, the Market is segmented into flexible endoscopes, rigid endoscopes, and other endoscopes. The flexible endoscopes segment is expected to dominate the Market in 2018. The large share of this segment can primarily be attributed to wider applications of flexible endoscopes compared to rigid endoscopes. On the basis of Procedure Type, the veterinary endoscopy Market is segmented into flexible endoscopy, rigid endoscopy, and other procedures. The flexible endoscopy segment is expected to account for the largest share of the Market in 2018. The large share of this segment can primarily be attributed to the increasing number of flexible endoscopy procedures across the globe.

Veterinary Endoscopy Market Segmentation:
By Procedure
• Flexible Endoscopy
• Rigid Endoscopy
• Other Procedures

By Animal Type
• Companion Animals
• Large Animals
• Other Animals

By Product Type
• Flexible Endoscopes
• Rigid Endoscopes
• Other Endoscopes

By End User
• Hospitals and Academic Institutions
• Clinics

By Region
North America
• Canada
• Germany
• U.K.
• France
• Italy
• Rest of Europe
• China
• India
• Japan
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa

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This post was originally published on Business Analytics