Asia Pacific Veterinary Endoscopes Market By Animal Type (Large Animals and Small Animals), By the Type (Rigid, Flexible, and Others), By Application (Diagnostic and Surgical/ interventional), By Procedure (Respiratory Endoscopy, Gastrointestinal tract Endoscopy, Urinary & genital tract Endoscopy, Abdominal Endoscopy, ENT Endoscopy, and Others (Arthroscopy)), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Veterinary Endoscopes Market would witness market growth of 9.4% CAGR during the forecast period (2021-2027).
The incidences of digestive disorders among animals have seen a surge over the years. The use of veterinary endoscopes for the diagnosis of gastrointestinal disorders in animals serves as one of the major drivers projected to drive the growth of the global veterinary endoscopes market during the forecast period.
As per the report by the Journal of the American Veterinary Medical Association, launching rigid endoscopy and laparoscopy to a small animal general practice had clinical and economic feasibility with no significant complications. Therefore, including endoscopy is directly linked to boosting the practice revenue by expanding the service portfolio.
Veterinary endoscopes help in examining various diseases of animals including constipation, diarrhea, and anorexia. The constantly increasing population of pet animals, especially cats and dogs would surge the growth of the veterinary market in the region. The high population of animals leads to the high demand for animal-related services. The animal healthcare industry is gaining momentum across the region due to the increasing disposable income of pet owners and the rising prevalence of various diseases among the animals.
The China market dominated the Asia Pacific Veterinary Endoscopes Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17,746.4 Thousands by 2027. The Japan market is anticipated to grow CAGR of 8.7% during (2021 - 2027). Additionally, The India market would experience a CAGR of 10.5% during (2021 - 2027).
Based on Animal Type, the market is segmented into Large Animals and Small Animals. Based on the Type, the market is segregated into Rigid, Flexible, and Others. Based on Application, the market is bifurcated into Diagnostic and Surgical/ interventional. Based on Procedure, the market is divided into Respiratory Endoscopy, Gastrointestinal tract Endoscopy, Urinary & genital tract Endoscopy, Abdominal Endoscopy, ENT Endoscopy, and Others (Arthroscopy). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include B. Braun Melsungen AG, FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Olympus Corporation, Steris PLC, Hill-Rom Holdings, Inc. (Welch Allyn), Firefly Global, Advanced Monitors Corporation, Dr. Fritz Endoscopes GmbH, Eickemeyer - Medizintechnik für Tierärzte KG, and Karl Storz SE & Co. KG.
Scope of the Study
Market Segments Covered in the Report:
By Animal Type
- Large Animals
- Small Animals
- Surgical/ interventional
- Respiratory Endoscopy
- Gastrointestinal tract Endoscopy
- Urinary & genital tract Endoscopy
- Abdominal Endoscopy
- ENT Endoscopy
- Others (Arthroscopy)
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- B. Braun Melsungen AG
- FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
- Olympus Corporation
- Steris PLC
- Hill-Rom Holdings, Inc. (Welch Allyn)
- Firefly Global
- Advanced Monitors Corporation
- Dr. Fritz Endoscopes GmbH
- Eickemeyer – Medizintechnik für Tierärzte KG
- Karl Storz SE & Co. KG
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