Veterinary Point of Care Blood Gas Analyzers Market Expected to Reach $0.58 Billion by 2030

Veterinary point-of-care blood gas analyzers are used in veterinary clinics & laboratories for point of care blood testing. These analyzers are mostly used to measure blood pH, gases, and electrolytes in blood specimens. Availability of technologically advanced veterinary point of care blood gas analyzers are available in the market that increase preferences of veterinary practitioners over other laboratory analyzers, which drive growth of the market. For instance, demand for battery-operated, wireless point of care blood gas analyzers has increased, owing to test convenience and cost-effectiveness. In addition, growth of the global veterinary point of care blood gas analyzers market is driven by increase in spending on animal health, stringent regulation for animal health, and rise in number of veterinary clinics & veterinary practitioners.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/4593

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The global veterinary point of care blood gas analyzers market also declined in 2020, owing to global economic recession led by COVID-19. However, the market is anticipated to witness recovery in 2021, and show stable growth for veterinary point of care blood gas analyzers in the future.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/4593

The global veterinary point of care blood gas analyzers market is segmented on the basis of modality, animal, end user, and region. Based on modality, the market is bifurcated into portable analyzers and handheld analyzers. The portable analyzers segment was the major shareholder in 2020, owing to cost effectivity and test convenience and increase in demand for portable blood gas analyzers. However, it is estimated that the demand for handheld blood gas analyzers would increase during the forecast period, owing to features such as faster outputs, ease of use, and convenience.

By animal type, it is segmented into companion animals, poultry & dairy animals, livestock animals, and others. The companion animals segment dominated the global market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase in adoption of companion animals across the globe and favorable pet insurance policies.

On the basis of end user, it is classified into veterinary clinics, veterinary laboratories, research laboratories, and others. The veterinary clinics segment acquired the largest share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed surge in partnership between key players and veterinary clinics, rise in number of mobile veterinary practitioners, growth of veterinary critical care units, and availability of affordable veterinary point of care blood gas analyzers.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
By modality, the portable analyzer segment held largest share in the global veterinary point of care blood gas analyzers market in 2020.
By animal type, the companion animal segment held largest market share in 2020, and is expected to remain dominant throughout the forecast period.
By end user, the veterinary clinics segment dominated the global veterinary point of care blood gas analyzers market in 2020, and is anticipated to continue this trend during the forecast period.
By region, North America is expected to experience growth at the highest rate, registering a CAGR of 4.3% during the forecast period.

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