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.
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.
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
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| 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 Solutions:
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Equipment
Accessories/Consumables
PACS
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By Animal Type:
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Small Animals
Large Animals
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By Application:
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Diagnostic
Surgical/Interventional
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By Procedure:
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Respiratory
Abdominal/ GI Tract
Urogenital
ENT
Others
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By End Use:
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Veterinary Clinics & Hospitals
Others
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. 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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. 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. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Veterinary Video Endoscopy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Equipment
7.3. Accessories/Consumables
7.4. 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, 2023-2033
8.2. Small Animals
8.3. 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, 2023-2033
9.2. Diagnostic
9.3. 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, 2023-2033
10.2. Respiratory
10.3. Abdominal/ GI Tract
10.4. Urogenital
10.5. ENT
10.6. 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, 2023-2033
11.2. Veterinary Clinics & Hospitals
11.3. 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. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. Advanced Monitors Corporation
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Biovision Veterinary Endoscopy LLC
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Dr. Fritz Endoscopes GmbH
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Eickemeyer
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. eKuore
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Firefly Global
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. KARL STORZ SE 7 Co. KG
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. MDS Incorporated
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Steris
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope