Market Overview:
The global LED veterinary endoscopes market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of animal diseases, and growing number of veterinary hospitals and clinics. In terms of type, the otoscope segment is expected to lead the global LED veterinary endoscopes market during the forecast period owing to its wide applications in diagnosing ear infections and other ear-related problems in animals. By application, animal research is projected to be the fastest-growing segment during the forecast period owing to increasing investments by pharmaceutical companies in preclinical research involving animals. North America accounted for majority share of 43% in 2017 and is expected dominate throughoutthe forecast period due To high adoption rateof advanced technologiesin this regionand presenceof major players such as Olympus Corporation (Japan), Stryker Corporation (U.S.), KARL STORZ GmbH & Co KG (Germany), Hoya Corporation (Japan), Boston Scientific Corporation(U.S.), Cook Medical Incorporated(U .S.
Product Definition:
An LED Veterinary Endoscope is a medical device that employs a light-emitting diode (LED) to illuminate the interior of a body cavity for the purpose of visual examination. The importance of LED Veterinary Endoscopes is that they provide an alternative to traditional endoscopes which use incandescent light bulbs. LEDs produce less heat and glare than incandescent bulbs, making them ideal for use in sensitive areas such as the eyes and throat. They are also more energy efficient, allowing for longer battery life.
Otoscope:
Otoscope is an instrument that is used for listening to the heart, lungs, and stomach of animals. It's basically a hollow tube with a flexible diaphragm or membrane attached to it. The otoscope market in LED veterinary endoscopes consists of products such as otoscopes with built-in light sources (built-in photodiodes), without light source (infrared/video camera based), and those that are standalone devices.
Bronchoscope:
The bronchoscope is a flexible, hollow tube with a light and camera at the end. It is inserted into the lungs through the mouth or nose to view and examine breathing tubes (bronchioles) and other parts of respiratory system. The device has wide applications in medical field such as lung cancer diagnosis & treatment, pneumonia diagnosis & treatment, asthma diagnosis & management among others.
Application Insights:
Based on application, the market is segmented into animal research, veterinary hospitals, and clinics. Animal research led the market in 2017 and is expected to maintain its dominance over the forecast period. The growth can be attributed to increasing R&D activities pertaining to animals by companies for product development purposes. For instance, in January 2018, LEDVentures launched a new product named Lumenier Veterinary Endoscopy System with built-in camera at an affordable price of USD 2199 for small animals such as cats and dogs. This has increased consumer awareness regarding pet healthcare along with rising demand from animal caretakers for advanced endoscopic equipment at an affordable cost.
Regional Analysis:
North America led the global market in 2017. This can be attributed to increasing R&D investments by key companies, rising pet adoption, and high disposable income of the pet owners. The region is expected to maintain its dominance throughout the forecast period owing to growing demand for advanced veterinary healthcare solutions and increasing number of animal health research activities.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions in emerging countries such as India & China and government initiatives pertaining toward animal welfare are also expected drive regional growth during 2018-2030 periods. Furthermore, a rise in spending on veterinary healthcare due to an increase in pet adoption is further anticipated fuel regional market development during this timeframe.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global trend of shifting towards minimally invasive surgeries is expected to benefit the LED Veterinary Endoscopes market as these devices offer several advantages over traditional surgical procedures. This is because LED Veterinary Endoscopes allow surgeons to view the internal organs and tissues of the patients without making large incisions, thereby reducing trauma, pain, and recovery time.
- Rising prevalence of animal diseases: The increasing incidence of animal diseases is a major factor driving the growth of the LED Veterinary Endoscopes market. Animals are susceptible to various types of infections and other medical conditions that can be diagnosed and treated using these devices.
- Growing number of veterinary clinics: With an increase in disposable income, there has been a rise in pet ownership around the world in recent years. This has led to an increase in demand for veterinary services, which is benefiting the LED Veterinary Endoscopes market significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Veterinary Endoscopes Market Research Report
By Type
Otoscope, Bronchoscope, Video Bronchoscope, Gastroscope, Laparoscope, Laryngoscope
By Application
Animal Research, Veterinary Hospitals, Veterinary Clinics
By Companies
Dr. Fritz Endoscopes, Heine, Opticlar Vision, Transact International, Firefly, Abaxis, KARL STORZ, Heska, Virbac, EICKEMEYER, Olympus Medical, Thermo Fisher
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global LED Veterinary Endoscopes Market Report Segments:
The global LED Veterinary Endoscopes market is segmented on the basis of:
Types
Otoscope, Bronchoscope, Video Bronchoscope, Gastroscope, Laparoscope, Laryngoscope
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Animal Research, Veterinary Hospitals, Veterinary Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dr. Fritz Endoscopes
- Heine
- Opticlar Vision
- Transact International
- Firefly
- Abaxis
- KARL STORZ
- Heska
- Virbac
- EICKEMEYER
- Olympus Medical
- Thermo Fisher
Highlights of The LED Veterinary Endoscopes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Otoscope
- Bronchoscope
- Video Bronchoscope
- Gastroscope
- Laparoscope
- Laryngoscope
- By Application:
- Animal Research
- Veterinary Hospitals
- Veterinary Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Veterinary Endoscopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED Veterinary Endoscopes are a type of endoscope that uses LED lights to provide clear images. They are often used to examine the inside of animals' bodies, including their stomachs and intestines.
Some of the major players in the led veterinary endoscopes market are Dr. Fritz Endoscopes, Heine, Opticlar Vision, Transact International, Firefly, Abaxis, KARL STORZ, Heska, Virbac, EICKEMEYER, Olympus Medical, Thermo Fisher.
The led veterinary endoscopes market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Veterinary Endoscopes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Veterinary Endoscopes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Veterinary Endoscopes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Veterinary Endoscopes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Veterinary Endoscopes Market Size & Forecast, 2020-2028
4.5.1 LED Veterinary Endoscopes Market Size and Y-o-Y Growth
4.5.2 LED Veterinary Endoscopes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Otoscope
5.2.2 Bronchoscope
5.2.3 Video Bronchoscope
5.2.4 Gastroscope
5.2.5 Laparoscope
5.2.6 Laryngoscope
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Animal Research
6.2.2 Veterinary Hospitals
6.2.3 Veterinary Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Veterinary Endoscopes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Veterinary Endoscopes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Otoscope
9.6.2 Bronchoscope
9.6.3 Video Bronchoscope
9.6.4 Gastroscope
9.6.5 Laparoscope
9.6.6 Laryngoscope
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Animal Research
9.10.2 Veterinary Hospitals
9.10.3 Veterinary Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Otoscope
10.6.2 Bronchoscope
10.6.3 Video Bronchoscope
10.6.4 Gastroscope
10.6.5 Laparoscope
10.6.6 Laryngoscope
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Animal Research
10.10.2 Veterinary Hospitals
10.10.3 Veterinary Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Otoscope
11.6.2 Bronchoscope
11.6.3 Video Bronchoscope
11.6.4 Gastroscope
11.6.5 Laparoscope
11.6.6 Laryngoscope
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Animal Research
11.10.2 Veterinary Hospitals
11.10.3 Veterinary Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Otoscope
12.6.2 Bronchoscope
12.6.3 Video Bronchoscope
12.6.4 Gastroscope
12.6.5 Laparoscope
12.6.6 Laryngoscope
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Animal Research
12.10.2 Veterinary Hospitals
12.10.3 Veterinary Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Otoscope
13.6.2 Bronchoscope
13.6.3 Video Bronchoscope
13.6.4 Gastroscope
13.6.5 Laparoscope
13.6.6 Laryngoscope
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Animal Research
13.10.2 Veterinary Hospitals
13.10.3 Veterinary Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Veterinary Endoscopes Market: Competitive Dashboard
14.2 Global LED Veterinary Endoscopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dr. Fritz Endoscopes
14.3.2 Heine
14.3.3 Opticlar Vision
14.3.4 Transact International
14.3.5 Firefly
14.3.6 Abaxis
14.3.7 KARL STORZ
14.3.8 Heska
14.3.9 Virbac
14.3.10 EICKEMEYER
14.3.11 Olympus Medical
14.3.12 Thermo Fisher
