Veterinary Point of Care Blood Gas Analyzers Market by Modality (Portable Analyzers and Handheld Analyzers), Animal (Companion Animals, Poultry & Dairy Animals, Livestock Animals, and Others), and End User (Veterinary Clinics, Veterinary Laboratories, Research Laboratories, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
The global veterinary point of care blood gas analyzers market generated $47,876 thousand in 2016, and is anticipated to reach $65,982 thousand by 2023, growing at a CAGR of 4.6% from 2017 to 2023. Point-of-care blood gas analyzers offer convenience and faster outputs, and are thus widely used in veterinary clinics and laboratories to measure pH, and blood gases in blood specimen from animals.
Veterinary point of care blood gas analyzers market is expected to grow at a significant rate during the forecast period, owing to increase in adoption of companion animals, rise in animal health awareness, and surge in expenditure on animal welfare. According to a GfK SE survey (Gesellschaft fur Konsumforschung or Society for Consumer Research), 57% of consumers owned pets in 2016 globally. POCT has attracted the veterinary practitioner's attention majorly due to faster results, accuracy, advance technologies, ease of handling, and test convenience.
The report segments the market based on modality, animal, end user, and region. On the basis of modality, the market is divided into portable analyzers and handheld analyzers. By animal type, it is classified into companion animals, poultry & dairy animals, livestock animals, and others. According to end user, it is classified into veterinary clinics, veterinary laboratories, research laboratories, and others. Regionally, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
It offers a quantitative analysis from 2016 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
KEY MARKET SEGMENTS
Poultry & Dairy animals
By End User
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Edan Instruments, Inc.
IDEXX Laboratories, Inc.
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