Veterinary Endoscopes Market Analysis and Insights 2022, Size, Scope, Growth Factors, Business Revenues Till 2032


 The Veterinary Endoscopes Market revenues were estimated at US$ 245.2 Million in 2022 and is anticipated to grow at a CAGR of 8.7% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 560.3 Million.

Due to associated benefits such as real-time image projection on a digital screen and application in complex operations, video endoscopy systems are projected to gain popularity among veterinary endoscopes in the coming years. In case of suspected irregular breathing or nasal discharge, video endoscopy is often performed to check the upper respiratory tract. Video endoscopes can also be used to look into the urethra and bladder, as well as the sinuses in the brain.

On of the key factor spurring veterinary endoscopes market growth is increasing pet ownership. According to the European Pet Food Industry 2020 report, Germany, has the highest pet population in Europe.

Request a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14774

According to the American Pet Products Association’s 2019 to 2020 National Pet Owners Survey, the most popular pet in the United States is a dog. The American Veterinary Medical Association asserts that between 2017 and 2018, 2.8% of U.S. households had pet birds. Ferrets had a population of 0.5 Mn, and rabbits had a population of 2.2 Mn. The U.S. spent an average of US$ 40 annually per household for pet birds. This likely will increase the demand for small animal endoscopes in future.

Veterinary endoscopes are utilized in a range of diagnostic procedures, including liver or kidney biopsies during laparoscopy and diagnostic samples during otoscopy, therefore market expansion is likely to be supported by increasing demand from diagnostic clinics. Various diagnostic methods are performed to evaluate cases of weight loss, chronic nausea, and chronic diarrhea. Over the next few years, this is projected to propel market expansion.

Key Takeaways from the Market Study

  • Global Veterinary Endoscopes market is expected to reach a market size of US$ 560 Mn by 2032.
  • In 2022, North America is estimated to contribute more than 35% market revenue.
  • Among application, Diagnostics contributes with maximum revenue growing at a CAGR of 9.9%.
  • Small animal segment is expected to grow at the highest rate of 8.2% CAGR.
  • Going by the country, US is expected to generate largest revenue of US$ 190 Mn by 2032.

Competitive Landscape

A number of regional and global players operate in this market. Some of the key players operating in the market include Steris, MDS Incorporated, Firefly Global, eKuore, and KARL STORZ SE & Co KG. Some of the recent developments of key Veterinary Endoscopes providers are as follows:

  • In December 2020, Cantel Medical Corp and CENSIS TECHNOLOGY have announced a new long-term contract to combine Cantel Medical Corp’s premier endoscope reprocessing workflow portfolio with CENSIS’s surgical asset monitoring and instrument monitoring solutions.
  • In December 2020, Apollo Endosurgery, Inc., a leader in the field of minimally invasive gastrointestinal and bariatric surgical instruments, announced approval from the U.S. Food and Drug Administration (FDA) for its X-TackTM Endoscopic HeliXTM Tacking System. This system contains sutures primarily designed for use in closing and repairing defects in the lower digestive tract with upper gastrointestinal tract applications.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Veterinary Endoscopes market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032. The study reveals essential insights on the basis of end users across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Market Segments Covered in Veterinary Endoscopes Industry Analysis

By Type:

  • Rigid
  • Flexible
  • Other Types

By Animal Type:

  • Large Animals
  • Small Animals

By Application:

  • Surgical/ interventional
  • Diagnostic

By Procedure Type:

  • Respiratory Endoscopy
  • Gastrointestinal tract Endoscopy
  • Urinary & genital tract Endoscopy
  • Abdominal Endoscopy
  • ENT Endoscopy
  • Other Procedure Types

Comments

Post a Comment

Popular posts from this blog

Teleradiology Services Market Analysis And Demand With Forecast Overview To 2032

Image
 In 2022, it is expected that the Teleradiology Services Market would be worth around US$ 31,880.57 Million. By 2032, it is anticipated that the market for teleradiology services would reach US$5,598.3 Million. with a 19% CAGR growth forecast through 2032. The global Teleradiology Services Market is estimated to reach a market valuation of US$ 1,971.4 Million by the end of 2016 and register a CAGR of 21.0% over the forecast period (2016–2026). The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis. Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry. Request Sample PDF Brochure: https://www.futuremarketinsights.com/reports/...
Read more

Non-Vascular Stents Market to 2032 – Global Analysis and Forecasts by Types, Technologies, Applications and End-User Verticals

Image
 The Non-Vascular Stents Market is expected to grow at a CAGR of  4.5%  over the forecast period. (2022 - 2032). The sector is expected to be valued at  US$ 1.21 billion  in 2022 and  US$ 1.9 billion by 2032. The global non-vascular stents market is expected to move forward in response to the growing demand for minimally-invasive procedures. Rising technological and material advancements are assisting in the development of specially designed stents for use in a variety of indications thereby fueling the overall non-vascular stents market growth. Non-vascular stents use small, precise incisions, resulting in scars that are smaller and less visible than those left by traditional surgical techniques, putting the patient's safety in jeopardy. The above-mentioned feature is anticipated to provide impetus to the non-vascular stents market adoption trends in coming years. Such a surgery is associated with a faster recovery period, resulting in a shorter hospital ...
Read more

From X-rays to AI: Veterinary Imaging Innovations of the Next Decade By 2022 to 2030

Image
  Between 2022 and 2030, the global veterinary imaging industry is expected to grow at a CAGR of 6.6%, from US$ 2.02 billion in 2022 to US$ 3.37 billion by 2030. A study by Future Industry Insights (FMI) predicted that by 2030, the worldwide veterinary imaging industry would bring in US$ 3.37 billion. The research study looks at the market development for veterinary imaging through 2030 in more than 20 nations. The report offers precise insights into some of the key players in the industry's crucial business strategies. According to the poll, investments are being made in the veterinary diagnostics industry as the trend towards pet humanization picks up speed. Additionally likely to fuel industry growth are governmental rules and a greater emphasis on preserving animal health. Request A Report Sample To Gain Comprehensive Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-12368 Growth will also be fueled by the expansion of the animal and pet care industry as a w...
Read more