Veterinary Video Endoscopy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Solution (Equipment, Accessories/ Consumables, PACS), by Animal Type (Small Animals, Large Animals), by Application (Diagnostic, Surgical/ interventional), by Procedure (Respiratory Endoscopy, Abdominal/ GI tract Endoscopy, Urogenital Endoscopy, ENT Endoscopy, others), by End
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationVeterinary Video Endoscopy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Solution (Equipment, Accessories/ Consumables, PACS), by Animal Type (Small Animals, Large Animals), by Application (Diagnostic, Surgical/ interventional), by Procedure (Respiratory Endoscopy, Abdominal/ GI tract Endoscopy, Urogenital Endoscopy, ENT Endoscopy, others), by End
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 192.35 million |
| CAGR (2023-2028) | 6.48% |
| Fastest Growing Segment | Small Animals segment |
| Largest Market | North America |
Market Overview
Global Veterinary Video Endoscopy Market has valued at USD 192.35 million in 2022 and is anticipated to see an impressive growth in the forecast period with a CAGR of 6.48%through 2028. Veterinary video endoscopy is a medical procedure that involves using a flexible or rigid endoscope equipped with a camera to visually examine the internal structures of animals for diagnostic and therapeutic purposes. It's a minimally invasive technique that allows veterinarians to visualize areas within the body without the need for traditional open surgery. Veterinary video endoscopy is not only diagnostic but also therapeutic. It can be used for procedures such as foreign body removal, tissue biopsies, minimally invasive surgeries, and stent placement. Endoscopy allows veterinarians to view organs, tissues, and structures that would otherwise be difficult to access without open surgery. This leads to faster recovery times and reduced patient discomfort. Endoscopy is commonly used to treat gastrointestinal problems such as ulcers, polyps, and bleeding. Therapeutic procedures can be performed directly through the endoscope. Endoscopy enables minimally invasive surgeries that require small incisions and cause less tissue damage compared to traditional open surgery. Many therapeutic procedures can be performed effectively through endoscopy, avoiding the need for more invasive approaches. As veterinary medicine continues to advance, there is a growing awareness of the benefits of minimally invasive procedures. Veterinary video endoscopy offers a less invasive alternative to traditional surgery, often leading to reduced pain, faster recovery times, and improved patient outcomes. Medical imaging has become an essential tool for diagnosing and treating various animal health issues. Veterinary video endoscopy provides a real-time, minimally invasive imaging solution, making it increasingly sought after for its diagnostic and therapeutic capabilities.
Key Market Drivers
Technological Advancements
Growing Awareness and Adoption of Pet Care
Increased Focus on Animal Welfare
The increased focus on animal welfare reflects a growing societal awareness and commitment to ensuring the well-being, humane treatment, and ethical considerations for animals. This emphasis on animal welfare spans various contexts, from farm animals to pets, wildlife, and animals used in research.
Key Market Challenges
Cost of Equipment and Training
Veterinary video endoscopy equipment can be expensive to purchase and set up. This initial investment can be a deterrent for veterinary practices, particularly those that may not have a high patient volume to justify the cost.
Animal Size and Variation
Veterinary practices treat a wide range of animal species, each with their own unique anatomy and physiology. From small rodents to large livestock, each species requires specialized equipment and techniques for effective endoscopy.
Key Market Trends
Global Market Expansion
As pet ownership and awareness of advanced medical procedures for animals increase around the world, the demand for veterinary video endoscopy equipment and services has expanded to various regions. The demand for veterinary video endoscopy is not limited to specific regions; it's a global phenomenon. As veterinary care standards improve in different countries, more pet owners and veterinarians are seeking advanced diagnostic and treatment options, including endoscopic procedures. Emerging markets, particularly in regions like Asia-Pacific and Latin America, have shown a rising interest in advanced veterinary care. The increasing disposable income and changing attitudes toward pets in these regions have contributed to the expansion of the veterinary video endoscopy market. International veterinary associations and organizations play a role in spreading knowledge about new medical technologies, including veterinary video endoscopy. Conferences, workshops, and collaborative efforts contribute to the dissemination of information across borders. Manufacturers and suppliers of veterinary video endoscopy equipment are expanding their reach to international markets, offering their products and services to a broader customer base. This increased investment helps drive the expansion of the market.
Segmental Insights
Solution
In 2022, the Global Veterinary Video Endoscopy was dominated by the Equipment segment is predicted to continue expanding over the coming years. The development of segment growth is expected to be supported by the increasing acceptance of video endoscopies in the veterinary field as a non-invasive alternative to surgery. Video Endoscopy procedures are typically used for gastric and gastrointestinal examinations and biopsies, abdominal emptying, feeding tube placement, and upper airway examination.
Animal Type Insights
In 2022, the Global Veterinary Video Endoscopy was dominated by small animal segment and is predicted to continue expanding over the coming years. The market is expected to grow over the next few years due to an increase in pet ownership and spending, improvements in veterinary medicine and diagnostics, and the development of more advanced video endoscopes that can be used for a range of purposes. Plus, pet owners are becoming more aware of diseases, diagnostics, and treatments, and there are new solutions that are specifically designed for small pets.
Application Insights
In 2022, the Global Veterinary Video Endoscopy was dominated by diagnostic segment and is predicted to continue expanding over the coming years.
Procedure Insights
In 2022, the Global Veterinary Video Endoscopy was dominated by Abdominal/ GI tract segment and is predicted to continue expanding over the coming years.
End User Insights
In 2022, the Global Veterinary Video Endoscopy was dominated by veterinary clinics and hospitals segment and is predicted to continue expanding over the coming years.
Regional Insights
The North America region has established itself as the leader in the Global Veterinary Video Endoscopy with a share of more than 34.5% in 2022. The region's high proportion is attributed to the increasing incidence of zoonotic illnesses, the domestication of animals, and the proliferation of pet insurance policies. Furthermore, the establishment of the United States' VES (Veterinary Endoscopy Society) in 2003 has had a significant impact on the development of the veterinary endoscopy field and has been instrumental in diagnosing, researching, managing, and advancing veterinary endoscopy.
Recent Developments
- In 2022, The introduction of SonoScape to the market wasaccompanied by the introduction of its portfolio of endoscopy equipment forveterinary use, which includes a small video system center and endoscopes thatare rigid and flexible, as well as camera heads.
- In 2020, eKuore developed a new ApplicationProgramming Interface (API) to facilitate the integration of its portfolio ofveterinary devices, including stethoscope, cardiac monitor, and digitalotoscope, thereby expanding its range of services. In contrast, Steris' Endo- isystem is the company's flagship wireless endoscope system for veterinary use.
- In 2022, OmnVision has unveiled its OH02B, a square2-megapixel image sensor with a resolution of 1,500 MP/1,500 MP, specificallydesigned for the use of both reusable and non-reusable endoscopes forveterinary care. The OH02B is a Compact Modular Optical Image Sensor (CMOS)developed specifically for the use of veterinary endoscopies.
- In 2022, L’Aigle-VES Custom Optics, a leading Frenchveterinary endoscopy provider based in the UK, has been purchased by IMVTechnologies, a subsidiary of IMV Technologies, to form IMV Imaging, an IMVTechnologies veterinary ultrasonography and diagnostic equipment subsidiary.VESCO will enter the companion animal market.
Key Market Players
- SterisCorp
- MDSIncorporated
- FireflyGlobal
- KARLSTORZ SE & Co. KG
- AdvancedMonitors Corporation
- Dr.Fritz Endoscopes GmbH
- BiovisionVeterinary Endoscopy, LLC
- Eickemeyer
- AmbuInc.
- Olympus Corporation
| By Solution | By Animal Type | By Application | By Procedure | By End User | By Region | By Region |
| Equipment Accessories/ Consumables PACS | Small Animals Large Animals
| Diagnostic Surgical/ interventional
| Respiratory Endoscopy Abdominal/ GI tract Endoscopy Urogenital Endoscopy ENT Endoscopy others
| Veterinary Clinics & Hospitals others
| Asia Pacific North America Europe Middle East & Africa South America | Saudi Arabia UAE Qatar Kuwait Bahrain Rest of Middle East |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy