Global Veterinary Chemistry Analyzer Market: industry analysis, SWOT analysis and business development till 2024 - Abaxis, Inc., Heska Corporation, IDEXX, Eurolyser Diagnostica, ARKRAY Europe, B.V., Alfa Wassermann, Randox, Eurolyser Diagnostica, ARKRAY U

The Veterinary Chemistry Analyzer Market is a synopsis to the study of Medical Devices industry and the report also provides valuable insights about the leading drivers, upcoming trends, applications and challenges, determined by our Experts. SWOT analysis is the method to tell any market’s strengths and weaknesses (i.e. drivers and restrains) so that you know on what to stick and what to avoid, this report not only consists SWOT analysis but also provides with the CAGR value fluctuation on the Forecast period of 2018-2024. There are several brands and key players that are driving the Veterinary Chemistry Analyzer market and in turn changing the face of industry. Our comprehensive market outlook is expected to support several clients and businesses make better market decisions and align their market strategies with the changing market dynamics.

The global Veterinary Chemistry Analyzer Market accounted to USD 9,789.7 million in 2016 growing at a CAGR of 8.9% during the forecast period of 2017 to 2024.

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Well known players of Veterinary Chemistry Analyzer Market are Abaxis, Inc., Heska Corporation, IDEXX, Eurolyser Diagnostica, ARKRAY Europe, B.V., Alfa Wassermann, Randox, DiaSys Diagnostic Systems GmbH, Biochemical Systems International S.p.A., ElitechGroup, Eurolyser Diagnostica, ARKRAY USA, ARKRAY,Inc., Chengdu Seamaty Technology Company and others

Market Segments

On the basis of application, global veterinary chemistry analyzer market is segmented into

• blood chemistry analysis,
• urinalysis and
• glucose monitoring

In 2016, blood chemistry analysis segment accounted the largest market share whereas glucose-monitoring segment is expected to witness the highest growth in the forecast period.

On the basis of geography, global veterinary chemistry analyzer market report covers data points for 28 countries across multiple geographies such as

• North America & South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

On the basis of product type, Global Veterinary Chemistry Analyzer market is segmented into

• chemistry analyzer,
• glucometer and consumables

Consumables are further sub segmented into panel, test strip and reagent. Consumables segment accounted for the largest market share in 2016 and is expected to register the highest growth in the forecast period due to increased adoption of the pre-loaded multiple reagent panels and single slide reagent panels.

On the basis of animal, global veterinary chemistry analyzer market is segmented into

• companion and
• livestock

Here, animal segment accounted the largest market share in 2016 and will definitely register the growth in the forecasting period.

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Competitive Analysis:

The global veterinary chemistry analyzer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes veterinary chemistry analyzer market shares for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints:

Growing livestock and animal population

Rising animal healthcare expenditure

Increase in pet adoption

Increasing number of veterinary practitioners

Expanding pet care cost

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