Registering a CAGR of 4.7% over the forecast period, the market value of Veterinary Point of Care Blood Gas Analyzers is expected to reach US$ 585.01 billion in the year 2027.
Veterinary point of care blood gas analyzers are compact, handheld analyzers used for point-of-care blood testing in veterinary clinics and laboratories. These analyzers are used to evaluate pH, electrolytes, metabolites, and blood gases in animals during blood testing. The veterinary point of care blood gas analyzer market is growing due to technological improvements in blood gas analyzers and an increase in pet ownership. Furthermore, the advantages of point-of-care testing (POCT) over laboratory testing, as well as a rise in animal health awareness, are propelling the market forward.
The market's expansion is hampered by low demand for veterinary point-of-care blood gas analyzers in developing nations. Key manufacturers, on the other hand, are expanding their veterinary point of care blood gas analyzer business in emerging nations such as China and India, owing to an increase in animal health awareness in these countries, which is expected to provide lucrative opportunities for growth of the veterinary point of care blood gas analyzers market during the forecast period.
The report aspects discussed the profile of the top manufacturers of the global Veterinary Point of Care Blood Gas Analyzers market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Veterinary Point of Care Blood Gas Analyzers Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Heska Corporation Acquires Biotech Laboratories to Enter Rapid Assay Point of Care Diagnostics Market
Sept. 9, 2021-- Heska Corporation (NASDAQ: HSKA - News; "Heska" or the "Company"), a leading global provider of advanced veterinary diagnostic and specialty products, announced today that the Company has acquired majority ownership of Biotech Laboratories U.S.A. LLC ("Biotech"), an leading developer of rapid assay diagnostics testing, from Biotech Holdings U.S.A. LLC ("Acquisition").
HMI Group and Siemens Healthineers enter into strategic partnership to advance healthcare delivery in Southeast Asia
27-Apr-2021: Health Management International (HMI Group) and Siemens Healthineers entered into a 5-year strategic partnership to advance healthcare delivery in Southeast Asia. As part of this first-of-its-kind partnership in the region, HMI Group will invest over SGD 32 million to roll out innovative medical technologies and digitalisation platforms, enhance clinical education and further develop Centres of Excellence (CoEs) in the key clinical areas of cancer, neuroscience and cardiovascular diseases.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
LAMEA offers profitable opportunities for key players operating in the veterinary point of care blood gas analyzers market, thereby registering fastest growth rate during the forecast period, owing to factors such as increase in number of pet owners and higher animal health awareness among veterinary owners driving the market growth in Latin American countries such as Brazil and Argentina. Furthermore, countries such as Saudi Arabia are expected to witness growth during the forecast period, owing to high consumption of meat, increase in demand for protein-rich food, and surge in demand for livestock animals. On the other hand, Asia-Pacific is expected to show fastest growth, due to upsurge in disposable income, rise in animal health awareness, and increase in pet adoption among the higher and middle-income countries.
The Veterinary Point of Care Blood Gas Analyzers Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Veterinary Point of Care Blood Gas Analyzers Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Veterinary Point of Care Blood Gas Analyzers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Heska Corporation (NasdaqCM:HSKA), Abaxis, Edan Instruments, VEPALABS |
Forecast Period 2022 to 2028 CAGR | CAGR of 4.7% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Heska Corporation (NasdaqCM:HSKA), Abaxis, Edan Instruments, VEPALABS, IDEXX Laboratories, Inc. (NasdaqGS:IDXX), LifeHealth, Siemens Healthineers AG (OTC:SMMNY) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 94 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Veterinary Point of Care Blood Gas Analyzers Market is studied from 2017 - 2027.
What is the projected market size & growth rate of the Veterinary Point of Care Blood Gas Analyzers Market?
Veterinary Point of Care Blood Gas Analyzers Market was valued at USD 475.9 Billion in 2020 and is projected to reach USD 585.01 Billion by 2028, growing at a CAGR of 4.7% from 2021 to 2027.
Who are the key players in Veterinary Point of Care Blood Gas Analyzers Market?
Heska Corporation (NasdaqCM:HSKA), Abaxis, Edan Instruments, VEPALABS, IDEXX Laboratories, Inc. (NasdaqGS:IDXX), LifeHealth, Siemens Healthineers AG (OTC:SMMNY)
What are the significant types of Veterinary Point of Care Blood Gas Analyzers Market?
Portable Analyzers, Handheld Analyzers
What are the major end-use applications of Veterinary Point of Care Blood Gas Analyzers Market?
Companion Animals, Poultry & Dairy Animals, Livestock Animals, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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