During the projected period of 2021-2027, the “Veterinary Endoscopes Market” research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Veterinary Endoscopes market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.
In accordance with the Veterinary Endoscopes market is set to grow at a CAGR of 6.7% over the forecast period (2021-2027).
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Global Veterinary Endoscopes Market Overview
The increasing ownership of animals for commercial livestock purposes and companion pets are an important driver for the Global Veterinary Endoscopes Market. There has been a significant rise in the number of pets like dogs and cats who are the favourite companions of human beings. Subsequently, instances of pet diseases across the globe have also gone up. This has accelerated the demand for Veterinary Endoscopes. Another major factor propelling the growth in the global Veterinary Endoscopes market is the growing animal health expenditure coupled with higher importance on preventive healthcare in the developed economies. Other important drivers are the growth in pet insurance purchases and growing instances of gastrointestinal conditions such as diarrhoea, melena, digestion issues, and bowel obstruction in animals.
Top Key players operating in the global Veterinary Endoscopes market is:
Idexx Laboratories, Abaxis, Zoetis, Qiagen, Thermo Fisher, Neogen, Heska, Virbac, Biomerieux, Idvet, Randox Laboratories
Major Veterinary Endoscopes Market Types covered are:
- Rigid Veterinary Endoscopes
- Flexible Veterinary Endoscopes
Major Veterinary Endoscopes Market Applications covered are:
- Veterinary Reference Laboratories
- Veterinary Hospitals and Clinics
- Point-of-care/In-house Testing
- Research Institutes and Universities
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North America Holds the Major Share and is Expected to Dominate the Market Over the Forecast Period
The major factors driving the veterinary endoscopy market’s growth include an increase in adoption of companion animals, increasing prevalence of diseases such as zoonosis, availability of advanced veterinary healthcare infrastructure available in the region, and presence of key market players leading to developments in veterinary endoscopes. According to the United States Department of Agriculture’s National Agricultural Statistics Service, in the United States, there were around 94.4 million cattle and calves in 2020, as compared to 94.8 million cattle and calves in 2019. Also, the growing pet population along with increasing spending on pet care is fueling the market’s growth. For instance, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA), around 85 million families or 67% of US households own a pet, an increase from 56% of US households in 1988. Also, during 2019-20, around 63.4 million US households owned a dog.
Regional Analysis of Global Veterinary Endoscopes Market:
The Veterinary Endoscopes Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Veterinary Endoscopes Market
– Chapter 1: outline of Veterinary Endoscopes marketplace
– Chapter 2: worldwide market reputation and forecast through areas
– Chapter 3: worldwide marketplace popularity and forecast by using types
– Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
– Chapter 5: marketplace riding issue evaluation
– Chapter 6: market opposition reputation by major producers
– Chapter 7: essential producers Presentation and market data
– Chapter 8: Upstream and Downstream marketplace investigation
– Chapter 9: Fetched and net part investigation
– Chapter 10: advertising reputation research
– Chapter 11: marketplace file end
– Chapter 12: research technique and Reference
Impact of COVID-19 on the Veterinary Endoscopes Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
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