Veterinary Endoscopy Market Manufacturers, Type, Application, Regional Forecasts, And Size and Share Analysis

Mon, 28 Oct 2024 07:30:40 +0000

The global veterinary endoscopy market size was USD 205.1 Million in 2022 and is expected to register a CAGR of 6.5% during the forecast period. This market involves the use of endoscopes in veterinary medicine, which are medical devices used for diagnostic and therapeutic procedures. Endoscopy allows veterinarians to visualize and treat internal organs and tissues without invasive surgery. One of the primary drivers of growth in the veterinary endoscopy market is the increasing number of pet owners worldwide. According to the American Pet Products Association (APPA), 67% of US households own a pet, which translates to approximately 85 million homes. The increasing number of pets being adopted, coupled with a growing awareness of animal welfare, has led to increased demand for veterinary care and endoscopic procedures. Another driver of growth in the veterinary endoscopy market is the development of advanced endoscopic technologies. Endoscopy has traditionally been limited to simple procedures such as examining the gastrointestinal tract or the respiratory system. However, recent technological advancements have enabled veterinarians to use endoscopy for more complex procedures such as laparoscopy, thoracoscopy, and arthroscopy. These advancements have expanded the scope of endoscopy and have led to increased demand for these procedures.