Veterinary Hematology Analyzers Market: Evolving Technology, Trends and Industry Analysis – 2023

Hematology analyzers are usually used in blood sample testing. The bulk of the machines in the global veterinary hematology analyzers market that count different types of red and white blood cells, along with blood platelets and other key components. The analyzers are therefore useful in detecting diseases in various animal species but largely catering to feline, canine, bovine, ferret, equine, rabbit, and guinea pig. Veterinary hematology analyzers are featured with different techniques such as open vial testing and closed sampling testing techniques.

The primary research methodologies applied in the report occupy the bulk of the overall research efforts, still keeping all secondary avenues as descriptive and conclusive as possible. The report incorporates multiple product literature and content obtained from top companies. Secondary research patterns include data derived from sources external to the global veterinary hematology analyzers market, such as statistical sources from government agencies, credible links from the Internet, and the latest activities and trades. The report also dictates the forecasts for the global veterinary hematology analyzers market using industrially-known and stable methods, including Porter’s Five Force Analysis and an industry SWOT analysis.

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One of the key factors augmenting the growth rate of the global veterinary hematology analyzers market at the moment, is the introduction of advanced technologies that are imparting various advantages and ease of use features that veterinarians can benefit from. One of the more popular innovations in the market currently is the ability of a player to provide automated machines. This includes machines such as VetScan HM5 Hematology System, released by Abaxis, Inc. Other players are also coming up with machines that serve specific purposes or systems that can provide specialized services within a clinical facility. New types of analyzers are providing superior performance parameters that are also aimed at reducing the overall margin of error for clinicians. Another innovative measure is the increase in accuracy of measurement while using as little blood as possible.

Simultaneously, the overall demand for veterinary hematology analyzers in world is increasing due to the rising rate of animal disease cases. An increasing urban population is adopting animals as pets, while the animal husbandry industry is also rising due to a growing demand for animal products. Both factors are responsible for the increasing demand for superior treatment options for animals. The global veterinary hematology analyzers market is, however, expected to show a restrained rate of growth due to the reduced priority for animal treatment systems and services post the global economic downturn.

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From a geographical perspective, the global veterinary hematology analyzers market is segregated into the key regions of North America, Europe, Asia Pacific, Latin America, and the MEA. The demand for animal treatment has been very high in North America, which combined with the advanced state of its healthcare industry puts the region at the forefront of the global veterinary hematology analyzers market. North America has a large and active animal husbandry industry and at the same time, the number of pet owners is already quite high and continues to increase. Owing to these factors, North America is likely to continue dominating the global veterinary hematology analyzers market for the coming years. Europe is also showing a high demand volume in the global veterinary hematology analyzers market for similar reasons.

The key players in the global veterinary hematology analyzers market currently include Abaxis, Inc., Beckman Coulter, Inc. HemoCue AB, IDEXX Laboratories, Inc., Heska Corporation, Analytical Technologies Ltd., HORIBA ABX Inc., and Beckman Coulter.

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