A Closer Look at Veterinary Video Endoscopy Market: A Journey towards US$ 613.8 Million with 8.7% CAGR
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A Closer Look at Veterinary Video Endoscopy Market: A Journey towards US$ 613.8 Million with 8.7% CAGR

Aug 17, 2023

According to the global Veterinary Video Endoscopy Market analysis report the valuation is expected to be around US$ 266.5 million in 2023. With a CAGR of 8.7%, the projected market growth through 2033 is expected to be significantly higher than the historical growth. Furthermore, the net worth of the market is poised to reach US$ 613.8 million by the end of this forecast period.

Surging incidences of animal diseases and treatment options are the major factors maintaining the veterinary endoscopy market growth. Another factor spurring market growth is increasing pet or companion animal ownership in advanced as well as developing economies.

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The pandemic had a significant impact on veterinary endoscope sales, causing low demand for veterinary endoscopes in 2020-21. It was primarily caused by supply chain issues, postponed or canceled veterinary procedures, reduced veterinary visits, and movement restrictions.

Key Takeaways from the Veterinary Video Endoscopy Market Study Report

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Competitive Landscape for the Veterinary Video Endoscopy Market Players

The emergence of many big and small veterinary video endoscopy service providers has made the market fragmented in the last few years. To grow their coverage, market participants are concentrating on putting strategic initiatives into practice such as product development, and portfolio expansion.

Apollo Endosurgery, Inc. is a leader in the field of minimally invasive gastrointestinal and bariatric surgical instruments. Zhuhai Seesheen Medical Technology Co., Ltd., for example, is a Chinese firm that supplies and markets medical endoscopes globally. It also designs and develops endoscopes for veterinary bronchoscopy, rhinolaryngoscopy, and ureteroscopy which are popular products from this company.

Recent Developments by the Veterinary Video Endoscopy Industries

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Key Companies Profiled:

Key Segments in Veterinary Video Endoscopy Industry Analysis Report

Veterinary Video Endoscopy Industry by Solutions:

Veterinary Video Endoscopy Industry by Product Type:

Veterinary Video Endoscopy Industry by Animal type:

Veterinary Video Endoscopy Industry by Application:

Veterinary Video Endoscopy Industry by Procedure:

Veterinary Video Endoscopy Industry by End-users:

Veterinary Video Endoscopy Industry by Region:

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Bariatric Surgery Devices Market: The bariatric surgery devices market is growing at a moderate pace with a CAGR of 6.2% during the forecast period 2022 to 2032.

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