Global Veterinary Chemistry Analyzer Market, By Product (Instruments, Consumables), Application (Blood Chemistry Analysis, Urinalysis, Glucose Monitoring, Blood Gas and Electrolyte Analysis), Animal Type (Companion Animals, Livestock), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
The veterinary chemistry analyzer market is expected to witness market growth at a rate of 8.12% in the forecast period of 2022 to 2029. Data Bridge Market Research report on veterinary chemistry analyzer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the healthcare sector globally is escalating the growth of veterinary chemistry analyzer market.
The veterinary chemistry analyzer refers to the type of devices that are used for home veterinary medicine, and in veterinary medicine. The hematology testing is specifically designed for providing accurate results and increase test flexibility. There are three simple steps for using the analyzer, consisting of setting up slides and samples, and then recording the patient information.
The rise in pet acceptance across the globe acts as one of the major factors driving the growth of veterinary chemistry analyzer market. The increase in the usage of this medical device for the diagnosis of diseases in pets, including anemia, inflammation and viral infection, among others accelerate the market growth. The surge in adoption as an alternative to microscopic examination owning to its ability to improve work efficiency and deliver accurate and reliable results, and use to determine the concentration of proteins, electrolytes, metabolites, and drugs in the samples of serum, urine, and plasma further influence the market. Additionally, high disposable income, surge in healthcare expenditure, advancements in healthcare infrastructure and growing burden of foot and mouth disease positively affect the veterinary chemistry analyzer market. Furthermore, continuous innovations in veterinary healthcare and product developments extend profitable opportunity to the market players in the forecast period of 2022 to 2029.
On the other hand, rise in pet care costs is expected to obstruct the market growth. The stringent regulations are projected to challenge the veterinary chemistry analyzer market in the forecast period of 2022-2029.
This veterinary chemistry analyzer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on veterinary chemistry analyzer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Veterinary Chemistry Analyzer Market Scope and Market Size
The veterinary chemistry analyzer market is segmented on the basis of product, application and animal type. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the veterinary chemistry analyzer market is segmented into instruments and consumables. Instruments are further segmented into chemistry analyzers, urine analyzers, glucometers and blood gas & electrolyte analyzers. Consumables are further segmented into preloaded multiple reagent panels, preloaded single-slide reagent panels, test strips and reagents.
- On the basis of application, the veterinary chemistry analyzer market is segmented into blood chemistry analysis, urinalysis, glucose monitoring, and blood gas and electrolyte analysis.
- On the basis of animal type, the veterinary chemistry analyzer market is segmented into companion animals and livestock. Companion animals are further segmented into dogs, cats, horses and other companion animals. Livestock is further segmented into cattle, pigs and sheep & goats.
Veterinary Chemistry Analyzer Market Country Level Analysis
The veterinary chemistry analyzer market is analyzed and market size insights and trends are provided by country, product, application and animal type as referenced above.
The countries covered in the veterinary chemistry analyzer market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the veterinary chemistry analyzer market because of the high popularity of adopting the animals and increasing population of pet animals within the region. Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in the number of veterinary hospitals in the region.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The veterinary chemistry analyzer market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary chemistry analyzer market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary chemistry analyzer market. The data is available for historic period 2010-2020.
Competitive Landscape and Veterinary Chemistry Analyzer Market Share Analysis
The veterinary chemistry analyzer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary chemistry analyzer market.
Some of the major players operating in the veterinary chemistry analyzer market report are Abaxis, Heska Corporation, IDEXX Laboratories, Inc., Randox Laboratories Ltd., EurolyserDiagnostica GmbH, ARKRAY, Diconex SA, Alfa Wassermann Inc., Chengdu Seamaty Technology Co., Ltd., DiaSys Diagnostic Systems GmbH, Biochemical Systems International Srl, URIT Medical Electronic Group Co. Ltd., and ELITech Group, among others.