Veterinary Chemistry Analyzers Market 2022: Future Demand, Market Analysis and Outlook to 2028 | Abaxis Inc., IDEXX Laboratories Inc., Heska Corporation, DiaSys Diagnostics Systems

Global Veterinary Chemistry Analyzers Market

Overview:

A veterinary chemistry analyzer (VCA) is used for in-house veterinary use. VCAs are used to determine the concentration of certain electrolytes, proteins, metabolites, or drugs in samples of serum, plasma, urine, cerebrospinal fluid, and/or other body fluids of animals. In short, vet chemistry analyzer is a blood and urine testing instrument that analyzes up to 12 biochemical tests simultaneously, using a sample of either urine, plasma, or serum, in about six minutes. Different types of analyzers, such as urine analyzers, glucometers, blood gas and electrolyte analyzers, are available in the market. These analyzers are widely used by hospitals, medical labs, and for home use. There are several types of tests such as hematology tests which include immunoassays for antibody detection, cell counters for blood counts, and tests for ions that measure voltage differences, among others.

Drivers:

Increase in pet adoption, increasing animal population, high demand for pet insurance, increase in number of veterinary practitioners, and high animal health expenditure is expected to boost the growth of the global veterinary chemistry analyzers market during the forecast period. For instance, according to the American Pet Products Association (APPA), total pet health care spending in the U.S. was US$ 69.51 billion in 2017, and this number is expected to reach US$ 72.13 billion in 2018.

𝐓𝐨 𝐆𝐞𝐭 a Free 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐋𝐚𝐭𝐞𝐬𝐭 𝐂𝐨𝐯𝐢𝐝𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 @ https://www.coherentmarketinsights.com/insight/request-sample/2677

Moreover, high prevalence of zoonotic diseases around the world is expected to drive growth of the global veterinary chemistry analyzers market. For instance, as per the Centers for Disease Control and Prevention’s (CDC’s) 2017 report, three out of four infectious diseases in in people are transmitted through animals. Malaria, dengue, chickungunya, and E.coli infection are some common zoonotic diseases. As per the World Health Organization (WHO), worldwide, around 212 million cases of malaria were registered in 2015, including 429,000 deaths.

Furthermore, players in the market are focusing on launching novel products in the market, which in turn is expected to fuel growth of the global veterinary chemistry analyzers market. For instance, in November 2015, Diatron Group announced the launch of the Abacus Vet5, a new 5-part differential veterinary hematology analyzer in Dusseldorf at the Medica show.

Moreover, in April 2015, Horiba UK launched announced the launch of the Ushio AmiShield, a spectrum-based veterinary diagnostics solution at the BSAVA trade show in Birmingham, UK. The new solution reduces detection variance and enhances measuring accuracy.

Market Taxonomy:

By Modality:

• Benchtop
• Portable

By Product Type:

• Instruments
• Consumables

By Animal Type:

• Companion Animals
• Livestock

By Application:

• Blood Chemistry Analysis
• Glucose Monitoring
• Blood Gas & Electrolyte Analysis
• Urinalysis

By End User:

• Hospitals
• Clinical Laboratories

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐛𝐥𝐞𝐬 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬, 𝐂𝐡𝐚𝐫𝐭) @ https://www.coherentmarketinsights.com/insight/request-pdf/2677

Restraints:

High cost of veterinary chemistry analyzers is expected to hamper the growth of the veterinary chemistry analyzers market.

Regional Insights:

Among regions, North America is expected to witness robust growth in the global veterinary chemistry analyzers market due to the increasing demand for animal-derived food and increase in animal health expenditure in the region. For instance, according to APPA, total pet industry expenditure in 2017 in America was US$ 69.4 billion, including the food, supplies, and over the counter medicine.

Moreover, Asia Pacific is expected to witness robust growth in the global veterinary chemistry analyzers market due to the growing incidence of vitamin deficiency, increasing prevalence of bacterial infection, increasing prevalence of gout in dogs, and increase in awareness of various health issues in the region.

Competitive Landscape:

Major players active in the global veterinary chemistry analyzers market are Alfa Wassermann Inc., ARKRAY Inc., Eurolyser Diagnostica GmbH, Randox Laboratories Ltd., URIT Medical, Derechos reservados Diconex, Heska Corporation, Abaxis Inc., DiaSys Diagnostics Systems, and IDEXX Laboratories Inc., among others.

Key Development:

In 2017, Boule Diagnostics launched a fully automated chemistry analyzer, named Exigo C200, for animal health.

In 2015, Diatron launched a veterinary hematology analyzer, Abacus Vet5.

In 2014, IDEXX Laboratories Inc. announced the launch of a Catalyst One chemistry analyzer for animal health diagnosis.

In 2012, Heska Corp. launched a veterinary chemistry analyzer, Element DC.