Published Date: 22-Dec-2021
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report Global Veterinary Endoscopes Market, published by KBV research, The Global Veterinary Endoscopes Market size is expected to reach $248.926 Million by 2027, rising at a market growth of 8.0% CAGR during the forecast period.
In 2020, the large animal segment obtained a prominent revenue share of the market. Specifically, flexible endoscopes are a regular component of diagnostic instruments in large animal medicine. They are utilized majorly to differentiate among disease processes in the upper respiratory tract and gastrointestinal tract. The video endoscope range of Karl Storz complements these applications while offering improved image quality.
In 2020, the flexible endoscopes segment obtained the second-biggest market share. These endoscopes are utilized to study the intestines and stomach. The others endoscopes segment is likely to exhibit the fastest growth rate during the forecasting period.
The surgical/interventional segment would display the fastest growth rate over the forecasting years. This is credited to the growing number of minimally invasive surgeries in animals. Moreover, factors such as rising applications of interventional procedures utilizing veterinary endoscopes like extraction of gastric and esophageal foreign bodies, extraction of bladder polyp or stone, feeding tube placement, balloon dilation of strictures, and foreign body retrieval.
ENT endoscopy techniques include rhinoscopy and otoscopy. Diagnostic otoscopy in veterinary medicine is utilized to explore the external as well as middle ears of animals. It is one of the most crucial uses of veterinary endoscopes due to the surge in cases of external ear disorders in dogs. Otoendoscopy allows high access and better visualization, hence complementing precise diagnosis and treatment
The North America market dominated the Global Veterinary Endoscopes Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $89,040.9 Thousands by 2027.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Animal Type
Unique Offerings from KBV Research