[156 Pages Report] The veterinary endoscopy market was valued at USD 150.2 million in 2017 and is expected to reach USD 219.0 million by 2023, at a CAGR of 6.5%. The base year for this study is 2017 and the forecast period is 2018�2023.

The objectives of this study are as follows:

To define, describe, and forecast the market by product type, procedure, animal type, end user, and region

To forecast the revenue of the market segments of North America, Europe, Asia Pacific and the Rest of the World (RoW)

To identify the micromarkets with respect to drivers, restraints, industry-specific challenges, and opportunities affecting the growth of the market

To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market

To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

To profile key players and comprehensively analyze their market shares and core competencies in terms of market developments and growth strategies

To track and analyze competitive developments such as partnerships, agreements, collaborations; mergers and acquisitions; product launches; and research and development activities in the veterinary endoscopy market

Research Methodology

Top-down and bottom-up approaches were used to estimate and validate the size of veterinary endoscopy industry and to estimate the size of dependent submarkets. The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by product type, procedure, animal type, end user, and region) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained. Various secondary sources such as the World Veterinary Association (WVA), American Veterinary Medical Association (AVMA), International Federation for Animal Health (IFAH), Animal Health Institute (AHI), Veterinary Endoscopy Society (VES), Canadian Veterinary Medical Association (CVMA), Federation of Veterinarians of Europe (FVE), Association of American Veterinary Medical Colleges (AAVMC), American Animal Hospital Association (AAHA), American Association of Industry Veterinarians (AAIV), European Society of Comparative Gastroenterology (ESCG), European School for Advanced Veterinary Studies (ESAVS), Japan Veterinary Medical Association (JVMA), Federation of Asian Veterinary Associations (FAVA), Indian Veterinary Association (IVA), North American Pet Health Insurance Association (NAPHIA), World Organization for Animal Health (OIE), and many others, have been used to identify and collect information useful for this extensive commercial study of the market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information and to assess prospects of the market. The breakdown of profiles of primaries is shown in the figure below:

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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).

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

Scope of the Report:

This report categorizes the veterinary endoscopy market into the following segments:

By Product Type

Flexible Endoscopes Video Endoscopes Fibre-optic Endoscopes

Rigid Endoscopes

Other Endoscopes

By Procedure

Flexible Endoscopy Gastroduodenoscopy Colonoscopy Bronchoscopy Male Urethrocystoscopy Tracheoscopy Other Flexible Endoscopy Procedures

Rigid Endoscopy Laparoscopy Otoscopy Rhinoscopy Thoracoscopy Arthroscopy Other Rigid Endoscopy Procedures

Other Procedures

By Animal Type

Companion Animals

Large Animals

Other Animals

By End User

Hospitals & Academic Institutes

Clinics

By Region

North America US Canada

Europe Germany France UK Italy Spain Rest of Europe

Asia Pacific Japan China India Rest of Asia Pacific

Rest of the World (RoW)

Customization Options:

Company Information: Detailed company profiles of five or more market players

Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market

The global veterinary endoscopy market is expected to reach USD 219.0 million by 2023 from USD 159.8 million in 2018, at a CAGR of 6.5%. The market growth is primarily driven by the growing pet population, increasing number of pet health insurance, and advanced applications of veterinary endoscopes.

The global market is segmented by product type, procedure, animal type, end user, and region. 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.

By animal type, the market is segmented into companion animals, large animals, and other animals. The companion animals segment is expected to account for the largest share of the market in 2018. The large share can be attributed to the growing use of veterinary endoscopy for the diagnosis of gastrointestinal diseases in companion animals, increasing awareness about animal health among pet owners, rising pet healthcare expenditure, and the growing companion animal population worldwide.

On the basis of end users, the market is segmented into hospitals and academic institutes and clinics. The hospitals and academic institutes segment is expected to account for the largest share of the veterinary endoscopy market in 2018. Most endoscopy procedures are performed in hospital-based settings which is a key factor driving the growth of this segment.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America is expected to account for the largest share of the veterinary endoscopy market. Rising adoption of companion animals, increasing pet healthcare insurance, and improved veterinary healthcare infrastructure in the region are driving the market in North America.

The factors such as the high cost of veterinary endoscopes and the increasing cost of pet care may restrain market growth to a certain extent.

Major industry players adopted geographical expansions, product launches, and acquisitions to maintain and improve their position in the market. KARL STORZ (Germany), Olympus (Japan), and Fujifilm (Japan) have been identified as key players in this market. These companies have a broad product portfolio with comprehensive features and have also expanded their presence geographically. These leaders also have products for all end users in this market, a strong geographical presence, and they focus on continuous product innovations.

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