Veterinary Endoscopy Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Veterinary Endoscopy Market is expected to grow in upcoming years due to factors such as increase in prevalence of diseases in animals such as zoonosis, bovine spongiform, anthrax, brucellosis and other infectious diseases. Increase in awareness among the pet owners about the diseases and growth of numerous veterinary hospitals in past years is expected to rise the veterinary endoscopy market growth.

Veterinary endoscopy is a process or medical examination of body organ or cavity for obtaining the appropriate diagnosis and treatment for pets and animals. It is leading and efficient technique which is used in treatment of organs which is difficult to access and diagnose. Endoscope can be of flexible or of rigid fiber optic device type. Endoscopic technique was primarily used for treating humans but nowadays is also used in veterinary sciences for reduction of pain, complications and recovery time span with animals and pets.

COVID-19 scenario analysis:

To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Considering these factors, COVID -19 is expected to have significant impact on Veterinary Endoscopy Market.

Top Impacting factors:

• Factors such as rise in cases of anthrax, foot and mouth disease, brucellosis, Zoonosis and other infectious diseases among the pets are increasing the adaption of endoscopy in veterinary treatment.
• Growth in the population of pet animals along with increase in expenditure on pets is expected to fuel the market growth for veterinary endoscopy market.
• Increase in demand for advanced medical technology and devices for diagnosis of animals is expected to boost the veterinary endoscopy market growth.
• Favorable reimbursement policies and ease of access of pet insurance and its benefits will boost the growth for veterinary endoscopy in future.
• However, restrain factors such as high costs associated with veterinary devices and lack of skilled professionals is expected to hinder the market growth of veterinary endoscopy up to some extent over the forecast period.

New Product Launch / News:

• In November 2019, OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, announced the OC0SA—the launch of  CameraCubeChip. With 120° and 90° field of view options for diagnosis and therapeutic applications, respectively, this cost-effective module offers the best combination of resolution, size and viewing angle for disposable endoscopes, providing doctors, veterinarians and industrial applications with the very best image quality.
• In October 2019, OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, announced that its OV6948 is the winner of the Guinness World Record for "The Smallest Image Sensor Commercially Available" with its size of 0.575mm x 0.575mm. 

Key benefits of the report:

• This study presents the analytical depiction of the Global Veterinary Endoscopy Market along with the current trends and future estimations to determine the investments.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Veterinary Endoscopy Market share.
• The current market is quantitatively analyzed to highlight the Veterinary Endoscopy Market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed Veterinary Endoscopy Market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Veterinary Endoscopy Market Report: 

• What are the leading market players active in Veterinary Endoscopy Market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?
• What Segments and region will drive the market growth & why?

 Veterinary Endoscopy Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights