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(Medical-NewsWire.com, December 08, 2018 ) Veterinary endoscopy market is expected to reach USD 219 million by 2023 from USD 159.8 million in 2018, at a CAGR of 6.5%. The increasing use of endoscopes in the diagnosis of gastrointestinal diseases, rising number of veterinary endoscopy training programs, advanced applications of veterinary endoscopy, increasing pet insurance and growing animal health expenditure.
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The veterinary endoscopy market is segmented into hospitals and academic institutes and clinics. Hospitals and academic institutes segment is expected to grow at the highest CAGR during forecast period. Veterinary endoscopy are widely used by hospitals and hospitals-attached diagnostic imaging centers for visualization of internal organs, which is key factor driving growth of this end-user segment. Company profiles include product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in market.
Top players in veterinary endoscopy market include KARL STORZ (Germany), Welch Allyn (US), STERIS (UK), Endoscopy Support Services (US), Olympus (Japan), Fujifilm (Japan), Eickemeyer (Germany), B. Braun (Germany), Biovision Veterinary Endoscopy (US),and Dr. Fritz (Germany).
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Animal owners are increasingly keen to ensure that examinations, treatment and – if necessary – surgery for the animal patient is performed as atraumatically as possible. Every improvement in diagnostic and surgical techniques made possible by endoscopy methods – particularly those that minimize trauma – represents progress for the welfare of both animals and owners.
The primary interviews conducted for this report can be categorized as follows: • By Company Type - Tier 1 – 60%, Tier 2 – 20% and Tier 3 – 20% • By Designation – C-level – 40%, Director-level – 20%, Others – 40% • By Region – North America –50%, Europe – 20%, Asia Pacific– 30%
The veterinary endoscopy market in the Asia Pacific region is expected to register the highest CAGR during the forecast period. Growth in this region can be attributed to the government efforts to increase awareness about the early detection of animal diseases, growing pet adoption, and increasing number of veterinary hospitals and clinics in India and China.
Connect for More Details for Discount and More Information “Veterinary Endoscopy Market by Product Type (Flexible, Videoscope, Fibreoptic, Rigid), Procedure (Bronchoscopy, Laparoscopy, Gastroduodenoscopy, Colonoscopy, Rhinoscopy), Animal (Companion, Large), End User (Hospitals, Clinics) - Global Forecast to 2023” report at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1564549 .
Report analyses veterinary endoscopy market by product type, procedure, animal type, end user, and region. Apart from a comprehensive geographic product analysis and market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.
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