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Veterinary Endoscopy Devices Market by Type and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2019
  • Pages: 144
  • SKU: IRTNTR40092
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The global veterinary endoscopy devices market size has the potential to grow by USD 104.61 million during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period.

This report provides a detailed analysis of the market by geography (Asia, Europe, North America, and ROW) and type (flexible endoscopes, rigid endoscopes, and other endoscopes). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including B. Braun Melsungen AG, Biovision Veterinary Endoscopy LLC., FUJIFILM Holdings Corp., Hill-Rom Holdings Inc., HOYA Corp., KARL STORZ SE & Co. KG, Kirchner & Wilhelm GmbH Co. KG, MDS Inc., Olympus Corp., and STERIS Plc. 

Market Overview

Veterinary-Endoscopy-Devices-Market-Size

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Market Competitive Analysis

The veterinary endoscopy devices market is fragmented, and the degree of fragmentation will increase over the forecast period. MDS Inc., Olympus Corp., and STERIS Plc are a few of the significant market participants. Although the accelerating market growth momentum will offer immense business opportunities, the high costs associated with endoscopy will challenge the growth of the vendors. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this veterinary endoscopy devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. This veterinary endoscopy devices market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading veterinary endoscopy devices companies, including:

  • B. Braun Melsungen AG
  • Biovision Veterinary Endoscopy LLC.
  • FUJIFILM Holdings Corp.
  • Hill-Rom Holdings Inc.
  • HOYA Corp.
  • KARL STORZ SE & Co. KG
  • Kirchner & Wilhelm GmbH Co. KG
  • MDS Inc.
  • Olympus Corp.
  • STERIS Plc  

Veterinary Endoscopy Devices Market: Segmentation by Region

Veterinary-Endoscopy-Devices-Market-Share-by-Geography.

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The increasing adoption of pet animals and the rising awareness about animal health and welfare are fueling the growth of veterinary endoscopy devices market size in North America. The growing awareness about the wide applications of endoscopic devices for multiple purposes is also driving market growth in the region.

Over 49% of the overall market growth will originate from North America during the forecast period. Governments and various private organizations are organizing awareness programs about animal healthcare and pet ownership responsibilities, which are positively influencing the growth of the veterinary endoscopy devices market in North America. The US is one of the critical markets for the veterinary endoscopy devices market in the region. Market growth in this region will be slower than that of Asia.

Veterinary Endoscopy Devices Market: Segmentation by Type

 Veterinary-Endoscopy-Devices-Market-Share-by-Type

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Flexible endoscopes are useful in removing foreign bodies and performing biopsies on animals. In the veterinary sector, flexible endoscopes are significantly used to examine gastrointestinal and respiratory tracts. As a result, the growth of the veterinary endoscopy devices market by the flexible endoscopes segment will be substantial over the forecast period.

Over the forecast period, the growth of the flexible endoscopes market segment will be faster than the rigid and other endoscope segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the veterinary endoscopy devices market size.

Veterinary Endoscopy Devices Market: Key Drivers and Trends

The growing veterinary sector, because of the increasing pet ownership and rising expenditure on animal care, is providing significant business opportunities to veterinary medical equipment suppliers and manufacturers. Veterinary equipment manufacturers are further focusing on improving their product designs and functions to gain competitive edge. For instance, veterinary endoscope device manufacturers are enhancing their products to increase their applications. Currently, most of the available endoscopic devices can be used for laparoscopy, arthroscopy, bronchoscopy, and cystoscopy. These applications are further gaining acceptance because of the rising awareness among veterinarians about the functionalities of the devices. For instance, the AnimalhealthEurope, a non-profit association, promotes the importance of pets and farm animals and organizes animal healthcare awareness programs. More importantly, the organization represents manufacturers of animal medicines, vaccines, and other animal healthcare products. This will help vendors in gaining visibility in the market, driving their sales.

  • The development of endoscopic technologies is one of the significant veterinary endoscopy devices market trends that will influence the market landscape.
  • Vendors are improving their products to enhance the results and effectiveness of endoscopic procedures.
  • For instance, there is more emphasis on minimally invasive devices as laparoscopic surgeries are gaining acceptance and are being preferred over the conventional ones.
  • Laser lithotripsy is another method that has gained popularity, creating a need for vendors to improve the cameras.
  • Many endoscopes are incorporated with Wi-Fi for improved diagnosis.
  • These factors will contribute to the growth of the veterinary endoscopy devices market, which will register a CAGR of almost 8% during 2020-2024.

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Veterinary Endoscopy Devices Market: Key Highlights of the Report for the Forecast Period 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will accelerate the growth of the veterinary endoscopy devices market during the next five years
  • Precise estimation of the global veterinary endoscopy devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the veterinary endoscopy devices industry in Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of veterinary endoscopy devices vendors

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Flexible endoscopes - Market size and forecast 2019-2024
  • Rigid endoscopes - Market size and forecast 2019-2024
  • Other endoscopes - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing purchase of pet insurances
  • Increasing funds for veterinary services
  • Developments in endoscopic technologies

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • B. Braun Melsungen AG
  • Biovision Veterinary Endoscopy LLC.
  • FUJIFILM Holdings Corp.
  • Hill-Rom Holdings Inc. 
  • HOYA Corp.
  • KARL STORZ SE & Co. KG
  • Kirchner & Wilhelm GmbH Co. KG
  • MDS Inc.
  • Olympus Corp.
  • STERIS Plc

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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