MEA Veterinary Endoscopy Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034

Veterinary endoscopy is a surgical technique in veterinary medicine that involves the use of endoscopes to visualize internal body organs in animals. The process involves the use of an endoscope, which is a thin tube that is either flexible or rigid and has a light source and a camera. The endoscope is introduced to the body of the animal either through natural openings, such as mouth, or through small surgical openings so that internal structures such as the gastrointestinal tract, the respiratory and urological systems can be closely inspected. This procedure aids in determining conditions like tumors, infections and blockages among other diseases; and minor surgeries are also done without the use of normal large incisions. It is especially appreciated by veterinarians because it reduces pain in animals, shortens the time required for rehabilitation, and allows for the display of high-definition images during an examination, which would make work easier and developments more accurate. Currently, the veterinary endoscopy market in Middle East and Africa (MEA) is growing due to improved awareness regarding animal health, government support on veterinary healthcare services and increasing trend in pet ownership. Out of these various regions, the Gulf Cooperation Council (GCC) again holds significant prominence because of investment in veterinary services, rising demand for sophisticated medical equipment, and growing pet care sectors.

The MEA veterinary endoscopy market is anticipated to reach USD XXX.X million by 2034 from USD XXX.X million in 2023, at a CAGR of XX.X% during the forecast period 2024-2034.

The veterinary endoscopy market is likely to expand significantly in MEA region due to continuously developing technology, growing animal lovers and welfare of the animal by the government across the globe. Industry leaders like KARL STORZ, Olympus, and Fujifilm are constant pioneers of endoscopy that offers various products and services ranging from veterinary to livestock endoscopy services.

Growth Drivers:

One of the main factors contributing to the growth of demand for veterinary services, including endoscopy, is the rising popularity of pet ownership in the MEA region, especially in urbanized areas of the Gulf states. For instance, according to the Euromonitor International 2023 forecast, the pet population in the UAE has increased by 3% in the year 2023, and is estimated that there are now 928.4 million pets in the country. A healthier and wealthier society along with increased concern for the wellbeing of pets has increased the demand for veterinary care services in regions such as UAE, Saudi Arabia and South Africa. It is increasing the need for less invasive diagnostic procedures like endoscopy that are accurate and result in shorter time for recovery.

There is evidence that the livestock and equine sectors are significant in the economies of several MEA countries, including Saudi Arabia, the UAE, Egypt, Kenya, Nigeria, and South Africa. In these regions, animals such as camels, cattle, and horses are also of cultural and economic importance. For these animals, veterinary endoscopy is gradually being incorporated in the diagnosis of reproductive health, gastrointestinal, and respiratory issues. The increasing number of animals in food production, especially in the Gulf countries, plays a vital role in the market growth for veterinary diagnostics, including the use of endoscopes.

Innovation has benefited diagnostic accuracy and portability in the MEA region through high-definition video endoscopy systems, capsule endoscopy, and portable gadgets. The advances in less expensive, easy to operate and versatile endoscopy instruments have made veterinarians embrace the technology. Further, prominent manufacturers of veterinary equipment from global markets and local trading companies are bringing innovative tools and equipment’s into the region through mergers, thus boosting the market growth during the forecast period.

MEA Veterinary Endoscopy Market Segmentation:

By Product Type:

·         Flexible Endoscopes

o   Video Endoscopes

o   Fiber-Optic Endoscopes

·         Rigid Endoscopes

·         Capsule Endoscopes

·         Robot-Assisted Endoscopes

·         Others

By Procedure:

·         Flexible Endoscopy

o   Colonoscopy

o   Bronchoscopy

o   Gastroduodenoscopy

o   Tracheoscopy

o   Male Urethrocystoscopy

o   Others

·         Rigid Endoscopy

o   Arthroscopy

o   Laparoscopy

o   Otoscopy

o   Rhinoscopy

o   Thoracoscopy

o   Others

·         Others

By Animal Type:

·         Large Animals

·         Small Animals

·         Others

By End-User:

·         Veterinary Clinics

·         Veterinary Hospitals

·         Research Institutes

·         Others

By Region:

·         GCC

·         North Africa

·         South Africa

MEA Veterinary Endoscopy Market by Product Type Review:

Based on the product type, the MEA veterinary endoscopy market is segmented into five segments including flexible endoscopes, which is further sub-segmented into video endoscopes, and fiber-optic endoscopes, rigid endoscopes, capsule endoscopes, robot-assisted endoscopes, and others. On the basis of product type, the XXXX segment is expected to dominate the market in terms of market share, while the XXXX segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

MEA Veterinary Endoscopy Market by Procedure Review:

Based on the procedure, the market is segmented into flexible endoscopy, which is further sub-segmented into colonoscopy, bronchoscopy, gastroduodenoscopy, tracheoscopy, male urethrocystoscopy, and others, rigid endoscopy, which is further divided into arthroscopy, laparoscopy, otoscopy, rhinoscopy, thoracoscopy, and others, and others. On the basis of procedure, the XXXXX segment is expected to be the largest in terms of market share, while XXXXX segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

MEA Veterinary Endoscopy Market by Animal Type Review:

Based on the animal type, the market is segmented into large animals, small animals, and others. On the basis of animal type, the XXXX segment is expected to be the largest in terms of market share, while the XXXX segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

MEA Veterinary Endoscopy Market by End-User Review:

Based on the end-user, the market is segmented into veterinary clinics, veterinary hospitals, research institutes, and others. On the basis of end-user, the XXXX segment is expected to be the largest in terms of market share, while the XXXX segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

Regional Outlook:

The Middle East and Africa veterinary endoscopy market has progressed gradually and steadily, which is backed up by its drivers that are specific only to the MEA market. In the developing countries within MEA especially the GCC countries including UAE, KSA and Qatar as well as Africa’s power houses like South Africa and Egypt, there is growing demand for improved veterinary diagnosis and treatment solutions like the endoscopy.

Increased disposable income in the MEA region especially in the gulf countries and South Africa and the increase in urban population is resulting to increase in the rate at which individuals are adopting and owning pets. The increasing cases of pet ownership and their owners’ growing awareness of high-tech and sophisticated veterinary services such as endoscopic services are some of the factors that are pushing the market forward. There is a growing trend where people are willing to spend more money on their pets which has made the market of veterinary endoscopy systems healthy especially in large cities.

In addition, the livestock and equine industries in the MEA region especially the GCCs and SSA are also important to the agricultural economies of most countries. Using endoscopes in reproduction, respiratory and gastrointestinal health of these animal’s, veterinary endoscopy is becoming more frequent especially in high value animals such as racing camels and horses in the Gulf. This is making endoscopy become the normal procedure in out-patient services and emergency veterinary services.

Furthermore, rising trends like the use of portable, and affordable endoscopy, along with the technological developments in the veterinary endoscopy have fostered the growth of this market. This has resulted in increased usage of versatile endoscopic tools that are compatible with veterinaries of small pets and large livestock inventions making most veterinary clinic and hospitals embrace the technology that is expected to boost the market growth in the region during the projected period of 2024-2034.

Key Companies in MEA Veterinary Endoscopy Market:

The research report offers a competitive analysis of prominent companies operating in the MEA veterinary endoscopy market. Some of the leading players profiled in the market research report include:

·         KARL STORZ

·         Olympus

·         FUJIFILM Corporation

·         Baxter International, Inc.

·         Stryker

·         Richard Wolf GmbH

·         Other Player’s