Veterinary Point of Care Blood Gas Analyzers Market Challenges, Key Players, Market Segments, Development, Opportunities, Forecasts 2021-2028

The demand for veterinary point of care blood gas analyzers is being driven by factors such as rising interest in owning companion animals, technical advances in blood gas analyzers, rising concern about animal health, and rising expenditures on animal welfare. pH levels, blood gases, electrolytes, and metabolites parameters in blood specimens are all measured using a veterinary blood gas analyzer. These devices provide convenient testing options as well as fast diagnosis. Some of the most common issues in hospitalized animals are acid-base and respiratory problems. As a result, blood gas analyzers have become increasingly common as diagnostic and monitoring tools. However, the market's expansion will be limited by low demand from developing countries in Asia and Africa. Nonetheless, the enormous market opportunity in emerging regions will provide excellent opportunities for market expansion over the forecast period.

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The global veterinary point-of-care blood gas analyzers market is primarily driven by an increase in pet and service animal adoption, increased understanding of animal health care, and increased expenditure for animal welfare around the world. In addition, the global veterinary point-of-care blood gas analyzers market is expected to expand in the coming years due to an increase in veterinary health-care spending and favorable government regulations. Furthermore, current market players are employing innovative techniques and strategies to develop novel methods for manufacturing technologically advanced blood gas analyzers, which is expected to drive demand for veterinary blood gas analyzers.

Growth Drivers that Support the Global Veterinary Point of Care Blood Gas Analyzers:

• Based on modality, only portable and handheld analyzers are used in veterinary blood gas monitoring at the point of treatment. The portable analyzers segment is a major revenue contributor at the present, and it is expected to continue to dominate the market over the forecast period. This is due to the ease with which these analyzers can be transferred from one location to another, making them ideal for use in veterinary clinics and laboratories.

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• In 2017, North America had the largest share of the market, owing to the region's high rate of companion animal adoption and increased understanding of animal health care. Moreover, the increased use of point-of-care testing and the emergence of a large number of manufacturers in North America are expected to drive the veterinary point-of-care blood gas analyzers market during the forecast period. Veterinary point-of-care blood gas analyzers market is projected to be highly lucrative in Asia Pacific and Latin America during the forecast era. The market in these regions is expected to expand rapidly over the forecast period, due to a broad population base and a rise in the number of businesses.

Major companies functioning in the global Veterinary Point of Care Blood Gas Analyzers are Abaxis, Edan Instruments, Inc, EasyDx Inc. dba LifeHealth, Heska Corporation, IDEXX Laboratories, Inc, Vepalabs, Siemens Healthcare AB, Nova Biomedical, VirtualExpo, and MedWOW Global

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Market Segmentation:

By Modality:
• Portable Analyzers
• Handheld Analyzers

By Animal:
• Companion Animals
• Poultry & Dairy Animals
• Livestock Animals
• Others

By End-User:
• Veterinary Clinics
• Veterinary Laboratories
• Research Laboratories
• Others

By Region:
• North America
◦ North America, by Country
▪ US
▪ Canada
▪ Mexico
◦ North America, by Modality
◦ North America, by Animal
◦ North America, by End-User
• Western Europe
◦ Western Europe, by Country
▪ Germany
▪ UK
▪ France
▪ Italy
▪ Spain
▪ The Netherlands
▪ Rest of Western Europe
◦ Western Europe, by Modality
◦ Western Europe, by Animal
◦ Western Europe, by End-User
• Asia Pacific
◦ Asia Pacific, by Country
▪ China
▪ India
▪ Japan
▪ South Korea
▪ Australia
▪ Indonesia
▪ Rest of Asia Pacific
◦ Asia Pacific, by Modality
◦ Asia Pacific, by Animal
◦ Asia Pacific, by End-User
• Eastern Europe
◦ Eastern Europe, by Country
▪ Russia
▪ Turkey
▪ Rest of Eastern Europe
◦ Eastern Europe, by Modality
◦ Eastern Europe, by Animal
◦ Eastern Europe, by End-User
• Middle East
◦ Middle East, by Country
▪ UAE
▪ Saudi Arabia
▪ Qatar
▪ Iran
▪ Rest of Middle East
◦ Middle East, by Modality
◦ Middle East, by Animal
◦ Middle East, by End-User
• Rest of the World
◦ Rest of the World, by Country
▪ South America
▪ Africa
◦ Rest of the World, by Modality
◦ Rest of the World, by Animal
◦ Rest of the World, by End-User

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