The global Veterinary Endoscopes market garnered revenue around USD 458.4 million in 2019 and projected to reach USD 846.1 million in 2027, with at a compound annual growth rate (CAGR) 7.2% throughout the estimate period from 2020 to 2027.
Rising incidence of pet diseases across the globe alert the owners of the pet to keep them secure. To keep the pet healthy from devastating medical condition, they require frequent health checkup, diagnosis and treatment. The growing cost of modern medicine and advanced medical technologies is a cost burden for owner.
Two main types of veterinary endoscopes are available in the market: rigid and flexible endoscopes.
Both the rigid and flexible endoscopes are used for diagnostic and surgical procedure. But still they have some differences. A flexible endoscope’s body is sheathed in a specialized flexible covering and this covering provides bending capacity which is not possible in the rigid endoscopes. Rigid endoscopes tube is made of stainless steel and it is non-flexible.
A rigid endoscope are simpler in design and less expensive than the flexible endoscope. The flexible endoscopes consists number of components but have greater advantages than rigid endoscopes. The flexible endoscopes are of two type. They are Fiber Optic Endoscope and video endoscopes
North America dominated the global veterinary endoscopes market in 2019 and the trend is anticipated to continue during the forecast period. In a study conducted by the University of Minnesota (the U.S.), endoscopy procedures were observed to be efficient to evaluate the nature of diseases in the genital organs of dogs. These endoscopy procedures were also useful in visualization of the internal organs of animals in a less invasive manner. Hence, the veterinary endoscopes market in North America is expanding and is likely to witness significant growth during the forecast period.Asia Pacific is likely to be a highly lucrative market for veterinary endoscopes and it is expected to expand at a high CAGR during the forecast period
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Veterinary Endoscopes market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Veterinary Endoscopes market growth.
The global Veterinary Endoscopes market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players in the global market include Harvard Bioscience Infiniti Medical, Olympus Corporation, Fujifilm Holdings Corporation, KARL STORZ SE & Co. KG, Richard Wolf GmbH, STERIS plc.,ESS, Inc., Jorgen Kruse A/S, HOYA Corporation (PENTAX Medical), among others
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: