Veterinary Video Endoscopy Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Veterinary Video Endoscopy Market Size- By Solutions, Animal Type, By Application, By Procedure, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: HLCA2363 | Pages: 1 - 239 | Formats*: |
| Category : Healthcare | |||
Veterinary Video Endoscopy Market Introduction and Overview
According to SPER Market Research, the Global Veterinary Video Endoscopy Market is estimated to reach USD 0.23 billion by 2033 with a CAGR of 7.98%.
The report includes an in-depth analysis of the Global Veterinary Video Endoscopy market, including market size and trends, product mix, distribution channels, and supplier analysis. The veterinary video endoscopes are intended for bronchoscopy, gastroscopy, and duodenoscopy in small and large companion animals as well as livestock. As a result, veterinary video endoscopes can benefit the veterinary office by promoting healthier clientele and increasing revenue. Endoscopes aid in gastrointestinal, upper airway, and stomach investigations and biopsy, extraction of things from the gastro intestine, and placement of feeding tubes. Needle-shaped endoscopes are also utilized for exploratory assessments and surveys of the liver, pericardium, and other abdominal and thoracic organs.
- A new long-term agreement was announced by Cantel Medical Corp. and CENSIS TECHNOLOGY to integrate their instrument monitoring and surgical asset monitoring services.
- The USFDA has approved Apollo Endosurgery, Inc.'s X-TackTM Endoscopic HeliXTM Tacking System. This system includes sutures that are primarily intended for use in the upper gastrointestinal tract, with the intention of sealing and correcting abnormalities in the lower digestive tract.
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Market Opportunities and Challenges
Opportunities:
- Growing Preference for Minimally Invasive Surgery : Unquestionably less invasive than veterinary surgery, the minimally invasive procedure of video endoscopy enables intervention through a very small operating channel that allows the examiner to look inside an organ or body cavity and obtain diagnostic information. This procedure is useful for the treatment of conditions like cancer and inflammatory diseases in animals.
- Increasing Electronics Demand: With video endoscopic technologies, the veterinarian can view the results up close and in real-time on a color TV screen, Windows PCs, laptops, and tablets.
Challenges:
- High Equipment Costs/strong: Video Endoscopy equipment is more expensive because it is outfitted with powerful video cameras and, in most cases, requires the use of anesthetic to suit the special needs of animal healthcare. These complicated pieces of equipment frequently necessitate lengthy research and development, which raises the overall cost of the item. Aside from that, the endoscope requires a specific laptop, cart, and video processor, all of which have significant acquisition and maintenance costs, which ultimately translate into more expensive procedures, particularly in wealthy countries such as Germany, the United States, Japan, and the United Kingdom, where costs currently range between USD 800 and USD 2,000.
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Market Competitive Landscape
The market for Veterinary Video Endoscopy is extremely Consolidated. Advanced Monitors Corporation, Biovision Veterinary Endoscopy LLC, Dr. Fritz Endoscopes GmbH, Eickemeyer, eKuore, Firefly Global, KARL STORZ SE & Co. KG, MDS Incorporated. Some of the market key players in global veterinary video endoscopy market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Solutions, Animal Type, By Application, By Procedure, By End Use |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Advanced Monitors Corporation, Biovision Veterinary Endoscopy LLC, Dr. Fritz Endoscopes GmbH, Eickemeyer, eKuore, Firefly Global, KARL STORZ SE & Co. KG, MDS |
COVID-19 Impact on Global Veterinary Video Endoscopy Market
The COVID-19 epidemic harmed the Veterinary Video Endoscopy Market, resulting in reduced demand and sales. This was owing to supply chain issues, postponed or canceled medical operations, fewer veterinary appointments, and movement restrictions. According to an AVMA 2020 survey, 18% of respondent veterinary practice owners were only seeing emergency cases as a result of the illness epidemic and subsequent quarantine measures. While 60% of practices reported cancelation of appointments owing to the pandemic.
Key Target Audience
- Healthcare IT Solution Providers
- Healthcare IT Vendors
- Healthcare IT Service Providers
- Hospitals and Physician Offices
- Diagnostic Laboratories
- Healthcare Payers
Our in-depth analysis of the Veterinary Video Endoscopy Market includes the following segments:
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| By Animal Type: |
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| By Application: |
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| By Procedure: |
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| By End Use: |
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Key Topics Covered in the Report
- Global Veterinary Video Endoscopy Market Size (FY’2023-FY’2033)
- Overview of Global Veterinary Video Endoscopy Market
- Segmentation of Global Veterinary Video Endoscopy Market By Solution (Equipment,
- Accessories/Consumables, PACS)
- Segmentation of Global Veterinary Video Endoscopy Market By Animal Type (Small Animals, Large Animals)
- Segmentation of Global Veterinary Video Endoscopy Market By Application (Diagnostic, Surgical/Interventional)
- Segmentation of Global Veterinary Video Endoscopy Market By Procedure (Respiratory, Abdominal/ GI Tract, Urogenital, ENT, Others)
- Segmentation of Global Veterinary Video Endoscopy Market By End User (Veterinary Clinics & Hospitals)
- Statistical Snap of Global Veterinary Video Endoscopy Market
- Expansion Analysis of Global Veterinary Video Endoscopy Market
- Problems and Obstacles in Global Veterinary Video Endoscopy Market
- Competitive Landscape in the Global Veterinary Video Endoscopy Market
- Impact of COVID-19 and Demonetization on Global Veterinary Video Endoscopy Market
- Details on Current Investment in Global Veterinary Video Endoscopy Market
- Competitive Analysis of Global Veterinary Video Endoscopy Market
- Prominent Players in the Global Veterinary Video Endoscopy Market
- SWOT Analysis of Global Veterinary Video Endoscopy Market
- Global Veterinary Video Endoscopy Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Veterinary Video Endoscopy Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Veterinary Video Endoscopy Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Veterinary Video Endoscopy Market
7. Global Veterinary Video Endoscopy Market, By Solutions (USD Million)
7.1. Global Veterinary Video Endoscopy Market Value Share and Forecast, By Solutions, 2023-20337.2. Equipment7.3. Accessories/Consumables7.4. PACS
8. Global Veterinary Video Endoscopy Market, By Animal Type (USD Million)
8.1. Global Veterinary Video Endoscopy Market Value Share and Forecast, By Animal Type, 2023-20338.2. Small Animals8.3. Large Animals
9. Global Veterinary Video Endoscopy Market , By Application (USD Million)
9.1. Global Veterinary Video Endoscopy Market Value Share and Forecast, By Application, 2023-20339.2. Diagnostic9.3. Surgical/Interventional
10. Global Veterinary Video Endoscopy Market , By Procedure (USD Million)
10.1. Global Veterinary Video Endoscopy Market Value Share and Forecast, By Procedure, 2023-203310.2. Respiratory10.3. Abdominal/ GI Tract10.4. Urogenital10.5. ENT10.6. Others
11. Global Veterinary Video Endoscopy Market , By End Use (USD Million)
11.1. Global Veterinary Video Endoscopy Market Value Share and Forecast, By End Use, 2023-203311.2. Veterinary Clinics & Hospitals11.3. Others
12. Global Veterinary Video Endoscopy Market Forecast, 2019-2033 (USD Million)
12.1. Global Veterinary Video Endoscopy Market Size and Market Share
13. Global Veterinary Video Endoscopy Market, By Solutions, 2019-2033 (USD Million)
13.1. Global Veterinary Video Endoscopy Market Size and Market Share By Solutions (2019-2026)13.2. Global Veterinary Video Endoscopy Market Size and Market Share By Solutions (2027-2033)
14. Global Veterinary Video Endoscopy Market, By Animal Type, 2019-2033 (USD Million)
14.1. Global Veterinary Video Endoscopy Market Size and Market Share By Animal Type (2019-2026)14.2. Global Veterinary Video Endoscopy Market Size and Market Share By Animal Type (2027-2033)
15. Global Veterinary Video Endoscopy Market, By Application, 2019-2033 (USD Million)
15.1. Global Veterinary Video Endoscopy Market Size and Market Share By Application (2019-2026)15.2. Global Veterinary Video Endoscopy Market Size and Market Share By Application (2027-2033)
16. Global Veterinary Video Endoscopy Market, By Procedure, 2019-2033 (USD Million)
16.1. Global Veterinary Video Endoscopy Market Size and Market Share By Procedure (2019-2026)16.2. Global Veterinary Video Endoscopy Market Size and Market Share By Procedure (2027-2033)
17. Global Veterinary Video Endoscopy Market, By End User, 2019-2033 (USD Million)
17.1. Global Veterinary Video Endoscopy Market Size and Market Share By End User (2019-2026)17.2. Global Veterinary Video Endoscopy Market Size and Market Share By End User (2027-2033)
18. Global Veterinary Video Endoscopy Market, By Region, 2019-2033 (USD Million)
18.1. Global Veterinary Video Endoscopy Market Size and Market Share By Region (2019-2026)18.2. Global Veterinary Video Endoscopy Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific
18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada18.6.2. Mexico18.6.3. United States
18.7. Latin America
18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. Advanced Monitors Corporation
19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments
19.2. Biovision Veterinary Endoscopy LLC
19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments
19.3. Dr. Fritz Endoscopes GmbH
19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments
19.4. Eickemeyer
19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments
19.5. eKuore
19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments
19.6. Firefly Global
19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments
19.7. KARL STORZ SE 7 Co. KG
19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments
19.8. MDS Incorporated
19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments
19.9. Steris
19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments
19.10. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Veterinary Video Endoscopy Market is projected to reach USD 0.23 billion by 2033, growing at a CAGR of 7.98% during the forecast period.
Veterinary Video Endoscopy Market grew in market size from 2022. The Market is expected to reach USD 0.23 billion by 2033, at a CAGR of 7.98% during the forecast period.
Veterinary Video Endoscopy Market CAGR of 7.98% during the forecast period.
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Veterinary Video Endoscopy Market size is USD 0.23 billion from 2023 to 2033.
Veterinary Video Endoscopy Market Segment is covered By Solutions, Animal Type, By Application, By Procedure, By End Use.
The North America is anticipated to have the highest market share in the Veterinary Video Endoscopy Market.
The key players in the market include Companies Covered Advanced Monitors Corporation, Biovision Veterinary Endoscopy LLC, Dr. Fritz Endoscopes GmbH, Eickemeyer, eKuore, Firefly Global, KARL STORZ SE & Co. KG, MDS.
The veterinary video endoscopes are intended for bronchoscopy, gastroscopy, and duodenoscopy in small and large companion animals as well as livestock.
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