Global Veterinary Chemistry Analyzer Market : Global Trends, Industry Growth, Top Company Profiles, Table of Contents and Forecast by 2024 Randox Laboratories Ltd., EurolyserDiagnostica GmbH, ARKRAY, Diconex SA

Veterinary chemistry analyzer is used for in house veterinary use, hematology tests in veterinary medicine which is being designed to deliver accurate results and to maximize testing flexibility. Three simple steps are involved for using this analyzer, which includes setting the slides and samples and then to enter patient’s information.

The global veterinary chemistry analyzer market accounted to USD 9,789.7 million growing at a CAGR of 8.9% during the forecast to 2024.
Global Veterinary Chemistry Analyzer Market Product {Chemistry Analyzer, Glucometer, Consumables (Panel, Test Strip, Reagent)}; Application (Blood Chemistry Analysis, Urinalysis, Glucose Monitoring); Animal (Companion & Livestock); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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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 Competitors:

Some of the major players operating in global veterinary chemistry analyzer market are
Abaxis (U.S.), Heska Corporation (U.S.), IDEXX Laboratories Inc. (U.S.), Randox Laboratories Ltd. (U.K.), EurolyserDiagnostica GmbH (Austria), ARKRAY (Japan), Diconex SA (Argentina), Alfa Wassermann Inc. (U.S.), Chengdu Seamaty Technology Co. Ltd. (China), DiaSys Diagnostic Systems GmbH, (Germany), Biochemical Systems International Srl (Italy), URIT Medical Electronic Group Co. Ltd (China), and ELITechGroup (France) among others.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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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

Segmentation:

• 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 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 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.

• 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.

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