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Veterinary Endoscopes Market Size

  • Report ID: GMI4038
  • Published Date: Jul 2024
  • Report Format: PDF

Veterinary Endoscopes Market Size

Veterinary Endoscopes Market size accounted for USD 218.2 million in 2023 and is anticipated grow at over 6.6% CAGR between 2024 and 2032. Veterinary endoscopes are specialized medical instruments used in veterinary medicine for minimally invasive examination and treatment of internal organs and structures in animals.

 

They consist of flexible or rigid tubes equipped with a light source and camera, allowing veterinarians to visualize and navigate through the gastrointestinal tract, respiratory system, urinary tract, joints, and other anatomical areas. Veterinary endoscopes facilitate animal diagnostics procedure such as gastroscopy and bronchoscopy, as well as therapeutic interventions. Their use reduces recovery times, minimizes trauma, and enhances precision in veterinary surgery and diagnostics.

 

The market growth is primarily attributed to the increasing pet ownership rates globally and rising expenditure on advanced veterinary care.  Also, technological advancements have also played a crucial role in expanding the market. Innovations such as high-definition imaging systems, flexible endoscope designs that improve maneuverability, and the integration of digital and robotic technologies have enhanced the precision and effectiveness of veterinary endoscopic procedures. These advancements not only improve diagnostic accuracy but also enable veterinarians to perform a broader range of therapeutic interventions with greater success rates, thus driving the adoption of veterinary endoscopes. Furthermore, the increased establishment of specialized veterinary hospitals and clinics equipped with advanced medical equipment has driven market growth.

 

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Veterinary endoscopes industry size was worth USD 218.2 million in 2023 and is projected to expand at 6.6% CAGR from 2024 to 2032, due to increasing pet ownership rates globally and rising expenditure on advanced veterinary care.

The flexible endoscopes product type segment in the veterinary endoscopes industry recorded 67% revenue share in 2023 as they provide greater maneuverability, allowing access to complex anatomical structures.

The gastroduodenoscopy procedure segment in the veterinary endoscopes industry accounted for USD 53.7 million in revenue in 2023 on account of the increasing prevalence of gastrointestinal issues in animals ranging from chronic conditions such as inflammatory bowel disease.

North America veterinary endoscopes industry is projected to record USD 154.5 million by 2032, led by the rising rates of pet ownership in the region.

Veterinary Endoscopes Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 336
  • Countries covered: 22
  • Pages: 191
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