Global Veterinary Endoscopy Market 2018-2023 - Karl Storz, Olympus and Fujifilm are Dominating

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Jul 13, 2018, 13:00 ET

DUBLIN, July 13, 2018 /PRNewswire/ --

The "Veterinary Endoscopy Market by Product Type, Procedure, Animal, End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global 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 market growth is primarily driven by the growing pet population, increasing number of pet health insurance, and advanced applications of veterinary endoscopes.

The factors such as the high cost of veterinary endoscopes and the increasing cost of pet care may restrain market growth to a certain extent.

The global market is segmented by product type, procedure, animal type, end user, and region.

By product type, the market is segmented into flexible endoscopes, rigid endoscopes, and other endoscopes. 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.

On the basis of procedure type, 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. The large share of this segment can primarily be attributed to the increasing number of flexible endoscopy procedures across the globe.

By animal type, the market is segmented into companion animals, large animals, and other animals. The companion animals segment is expected to account for the largest share of the market in 2018. The large share can be attributed to the growing use of veterinary endoscopy for the diagnosis of gastrointestinal diseases in companion animals, increasing awareness about animal health among pet owners, rising pet healthcare expenditure, and the growing companion animal population worldwide.

On the basis of end users, the market is segmented into hospitals and academic institutes and clinics. The hospitals and academic institutes segment is expected to account for the largest share of the veterinary endoscopy market in 2018. Most endoscopy procedures are performed in hospital-based settings which is a key factor driving the growth of this segment.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America is expected to account for the largest share of the veterinary endoscopy market. Rising adoption of companion animals, increasing pet healthcare insurance, and improved veterinary healthcare infrastructure in the region are driving the market in North America.

Major industry players adopted geographical expansions, product launches, and acquisitions to maintain and improve their position in the market. KARL STORZ (Germany), Olympus (Japan), and Fujifilm (Japan) have been identified as key players in this market. These companies have a broad product portfolio with comprehensive features and have also expanded their presence geographically. These leaders also have products for all end users in this market, a strong geographical presence, and they focus on continuous product innovations.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Veterinary Endoscopy: Market Overview
4.2 Asia Pacific: Veterinary Flexible Endoscopy Market, By Procedure and Country (2017)
4.3 Veterinary Endoscopy Market, By Product Type (2018-2023)
4.4 Geographical Snapshot of the Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Endoscopes in the Diagnosis of Gastrointestinal Diseases
5.2.1.2 Rising Number of Veterinary Endoscopy Training Programs
5.2.1.3 Increasing Pet Insurance and Growing Animal Health Expenditure
5.2.1.4 Growing Population of Companion Animals
5.2.1.5 Advanced Applications of Veterinary Endoscopy
5.2.1.6 Rising Demand for Animal-Derived Food Products
5.2.1.7 Growth in the Number of Veterinary Practitioners
5.2.2 Restraints
5.2.2.1 High Cost of Veterinary Endoscopes
5.2.2.2 Increasing Pet Care Costs
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Capsule Endoscopy
5.2.3.2 Growth Opportunities in Emerging Economies
5.2.4 Challenges
5.2.4.1 Lack of Animal Health Awareness in Emerging Economies
5.2.4.2 Shortage of Veterinarians in Developing Countries

6 Veterinary Endoscopy Market, By Product Type
6.1 Introduction
6.2 Flexible Endoscopes
6.2.1 Flexible Endoscopes Market, By Type
6.2.1.1 Video Endoscopes
6.2.1.2 Fibre-Optic Endoscopes
6.3 Rigid Endoscopes
6.4 Other Endoscopes

7 Veterinary Endoscopy Market, By Procedure
7.1 Introduction
7.2 Flexible Endoscopy
7.2.1.1 Gastroduodenoscopy
7.2.1.2 Colonoscopy
7.2.1.3 Bronchoscopy
7.2.1.4 Male Urethrocystoscopy
7.2.1.5 Tracheoscopy
7.2.1.6 Other Flexible Endoscopy Procedures
7.3 Rigid Endoscopy
7.3.1.1 Laparoscopy
7.3.1.2 Otoscopy
7.3.1.3 Rhinoscopy
7.3.1.4 Thoracoscopy
7.3.1.5 Arthroscopy
7.3.1.6 Other Rigid Endoscopy Procedures
7.4 Other Procedures

8 Veterinary Endoscopy Market, By Animal Type
8.1 Introduction
8.2 Companion Animals
8.3 Large Animals
8.4 Other Animals

9 Veterinary Endoscopy Market, By End User
9.1 Introduction
9.2 Hospitals & Academic Institutes
9.3 Clinics

10 Veterinary Endoscopy Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Key Players
11.3 Competitive Scenario
11.3.1 Expansions
11.3.2 Product Launches and Approvals
11.3.3 Acquisitions

12 Company Profiles
12.1 Karl Storz
12.2 Olympus
12.3 Fujifilm
12.4 Eickemeyer
12.5 B. Braun Melsungen
12.6 Steris
12.7 Endoscopy Support Services
12.8 Biovision Veterinary Endoscopy
12.9 Welch Allyn
12.10 Dr. Fritz

For more information about this report visit https://www.researchandmarkets.com/research/lzlvtc/global_veterinary?w=5

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