Veterinary Endoscopy Market to Grow at 6.5% CAGR to 2023, Led by Animal Diseases and Growing Veterinary Hospitals
PUNE, India, July 13, 2018 /PRNewswire/ --
ReportsnReports adds 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%. Increasing use of endoscopes in diagnosis of gastrointestinal diseases, rising number of veterinary endoscopy training programs. The veterinary endoscopy market in Asia Pacific region expected to register highest CAGR during forecast period. Growth in this region can be attributed to the government efforts to increase awareness about the early detection of animal diseases.
Browse 113 Market Data Tables and 37 Figures spread through 156 Pages and In-depth TOC on "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" at http://www.reportsnreports.com/reports/1564549-veterinary-endoscopy-market-by-product-type-flexible-videoscope-fibreoptic-rigid-procedure-bronchoscopy-laparoscopy-gastroduodenoscopy-colonoscopy-rhinoscopy-animal-companion-large-end-user-hospita-st-to-2023.html .
The key players in the 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).
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.
Order Now Research Copy of "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/purchase.aspx?name=1564549 .
The report analyses veterinary endoscopy market by product type, procedure, animal type, end user, and region. Company profiles include product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. The large share of this segment can primarily be attributed to the increasing number of flexible endoscopy procedures across the globe.
The veterinary endoscopy market is segmented into flexible endoscopy, rigid endoscopy, and other procedures. The flexible endoscopy segment is expected to account for the largest share of the market in 2018. Apart from a comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.
The veterinary endoscopy market is segmented into hospitals and academic institutes and clinics. The hospitals and academic institutes segment is expected to grow at the highest CAGR during the forecast period. Veterinary endoscopy are widely used by hospitals and hospitals-attached diagnostic imaging centers for the visualization of internal organs, which is the key factor driving the growth of this end-user segment.
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Veterinary endoscopy market is segmented into companion animals, large animals, and other animals. Companion animals segment is expected to account for largest share of market in 2018. Large share can be attributed to growing use of veterinary endoscopy for diagnosis of gastrointestinal diseases in companion animals, increasing awareness about animal health among pet owners, rising pet healthcare expenditure, & growing companion animal population worldwide.
The flexible endoscopes segment is expected to dominate the market in 2018. The large share of this segment can primarily be attributed to wider applications of flexible endoscopes compared to rigid endoscopes. The global market is segmented by product type, procedure, animal type, end user, and region.
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%
Another research titled global veterinary pain management market is projected to reach USD 1.66 billion by 2023 from USD 1.13 billion in 2018, at a CAGR of 8.0% during the forecast period. Factors such as growth in companion animal adoption, increasing number of veterinary practitioners and their rising income levels in developed economies. The major players in the veterinary pain management market are Zoetis (US), Merck Animal Health (US), Elanco (US), Chanelle (Ireland), Boehringer Ingelheim (Germany), Vetoquinol (France), Bayer (Germany), Norbrook (Ireland), Ceva Sante Animale (France), K-Laser (US), Assisi (US) , and Dechra Pharmaceuticals (UK) now available with discount at http://www.reportsnreports.com/contacts/discount.aspx?name=1467342 .
Explore More Reports on Medical Devices Market Research Available Now at http://www.reportsnreports.com/market-research/medical-devices .
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