Global veterinary chemistry analyzers market estimated to grow at a CAGR of 8.7% from 2017 to 2022, to reach USD 1,205.2 million by 2022 from USD 795.8million in 2017. Growth of this market is mainly attributed to rising demand for animal-derived food products, increasing animal population, growing pet adoption, growing demand for pet insurance & rising animal health expenditure, and increasing incidence of zoonotic diseases.
Ceterinary chemistry analyzers market segment expected to register highest CAGR during forecast period. Growth in emerging markets can be attributed to rising companion animal ownership, rising awareness about animal health, increase in demand for animal-derived food products, and growing per capita animal health expenditure. Among developed & emerging markets, U.S. accounted for largest share of global veterinary chemistry analyzers market.
Complete details on this report Veterinary Chemistry Analyzer Market spread across 250 Pages, Profiling 14 Companies and Supported with 206 Tables and 24 Figures is now available at http://www.reportsnreports.com/reports/1023896-veterinary-chemistry-analyzer-market-by-product-chemistry-analyzer-glucometer-consumables-panel-test-strip-reagent-application-blood-chemistry-analysis-urinalysis-glucose-monitoring-animal-companion-st-to-2022.html .
Geographically, veterinary chemistry analyzers market segmented into developed markets and emerging markets. In 2016, developed markets segment commanded largest share of global veterinary chemistry analyzers market. Large share of this segment mainly due to increasing adoption of companion animals, growing pet insurance industry, increasing demand for animal-derived food products, & rising veterinary healthcare expenditure in this region.
- Veterinary Chemistry Analyzers Manufacturers and Distributors
- Veterinary Research and Development (R&D) Companies
- Veterinary Reference Laboratories
- Government Associations
- Market Research and Consulting Firms
- Venture Capitalists and Investors
Veterinary chemistry analyzers market segmented into instruments and consumables. Consumables segment accounted for largest share of global veterinary chemistry analyzers market in 2016. The large share of this segment is mainly attributed to higher adoption of products such as preloaded multiple reagent clips & cartridges, preloaded single-slide reagent panels, test strips, and reagents.
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Veterinary chemistry analyzers market segmented on basis of product, application, animal type, and region. In addition to detailed segmentation, report provides an analysis of various drivers, restraints, opportunities, challenges, & trends impacting veterinary chemistry analyzers market. Report also covers vendor DIVE & competitive benchmarking of top players, & highlights growth strategies adopted by major players in veterinary chemistry analyzers market to garner larger shares.
Competitive Landscape Covered in this Research
1 Market Share Analysis
2 Vendor Dive Overview
3 Emerging Players
4 Dynamic Players
5 Competitive Benchmarking
6 Product Offerings
7 Business Strategy
Some of major players in veterinary chemistry analyzers market are IDEXX Laboratories, Inc. (U.S.), Abaxis, Inc. (U.S.), Heska Corporation (U.S.), Randox Laboratories Ltd. (U.K.), ARKRAY, Inc. (Japan), Eurolyser Diagnostica GmbH (Austria), Alfa Wassermann Inc. (U.S.), DiaSys Diagnostic Systems, USA, LLC (U.S.), Chengdu Seamaty Technology Co., Ltd. (China), Biochemical Systems International Srl (Italy), ELITech Group (France), and URIT Medical Electronic Group Co. Ltd (China).
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In veterinary chemistry analyzer market report categorized by product, application, animal type, and region. On basis of products, market is segmented into instruments (including chemistry analyzers, urine analyzers, glucometers, & blood gas & electrolyte analyzers) & consumables (including panels, kits, test strips, and reagents). Consumables segment accounted for largest share of market in 2016 and is expected to register highest CAGR during forecast period.