Veterinary Point of Care Blood Gas Analyzers Market by Modality Type (Portable Analyzers and Handheld Analyzers), Animal Type (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, 2021-2030
The global veterinary point of care blood gas analyzers market was valued at $375.9 million in 2020, and is projected to reach $580.01 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
Veterinary point-of-care blood gas analyzers consist of small, handheld analyzers used for blood testing to measure pH, electrolytes, metabolites, and blood gases in animals. Point-of-care blood gas analyzers offer convenience and faster outputs, and are thus widely used in veterinary settings that include academic veterinary medical centers, private clinics, and remote area veterinary medical centers.
The veterinary point of care blood gas analyzers market is expected to grow at a significant rate during the forecast period, owing to rise in animal health awareness, surge in expenditure on animal welfare, and increase in adoption of companion animals. For instance, according to the European Pet Food Industry Federation (FEDIAF), at least one pet animal was owned in an estimated 85 million European households in 2019. In addition, POCT (Point-of-care testing) has attracted attention of veterinary practitioners majorly due to faster results, accuracy, advance technologies, ease of handling, and test convenience further fuel growth of the market. Moreover, availability of technological advanced blood gas analyzers boost growth of the market. However, poor demand veterinary point of care blood gas analyzer in under developed countries hamper growth of the market. On the other hand, key manufacturers are in the process of expanding their veterinary point of care blood gas analyzer business in emerging nations such as China and India, owing to rise in animal health awareness in these countries is expected to offer profitable opportunities for growth of the market during the forecast period.
The global veterinary point of care blood gas analyzers market is segmented on the basis of modality type, animal type, end user, and region. On the basis of modality type, 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. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key market players profiled in the report include Edan Instruments, Inc., Heska Corporation, IDEXX Laboratories, Inc., i-SENS, Inc., LifeHealth, LLC., Nova Biomedical, Seamaty Technology, Sensa Core Medical Instrumentation, and Vepalabs, Zoetis Inc. (Abaxis, Inc.).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global veterinary point of care blood gas analyzers market along with the current trends and future estimations to elucidate the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps to understand the application and products of veterinary point of care blood gas analyzers used across the globe.
Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Modality Type
Portable Analyzers
Handheld Analyzers
By Animal Type
Companion Animals
Poultry & Dairy animals
Livestock Animals
Others
By End User
Veterinary Clinics
Veterinary Laboratories
Research Laboratories
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
saudi Arabia
South Africa
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Edan Instruments, Inc.
Heska Corporation
IDEXX Laboratories, Inc.
i-SENS, Inc.
LifeHealth, LLC.
Nova Biomedical
Seamaty Technology Co. Ltd.
Sensa Core Medical Instrumentation
Vepalabs
Zoetis Inc. (Abaxis, Inc.)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook