Global Veterinary Point of Care Blood Gas Analyzer Market Analysis (2017-2023)
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Veterinary Point of Care Blood Gas Analyzers Market is estimated to reach $66 million by 2023, growing at a CAGR of 4.9% during the forecast period. Veterinary blood gas analyzer are used in measuring pH levels, blood gases, electrolytes, and metabolites parameters in the blood specimen. These devices offer convenient testing options and also facilitate rapid diagnosis. Acid-base and respiratory issues are some of the common issues among hospitalized animals. Therefore, the blood gas analyzers have grown popular as diagnosing and monitoring tools. Growing inclination towards owning companion animals, technological advancements in the blood gas analyzers, growing awareness about animal health, increasing expenditures on animal welfare are the factors that drive the growth of the veterinary point of care blood gas analyzers market. However, poor demand from underdeveloped countries in Asia and Africa would limit the expansion of the market. Nevertheless, tremendous market potential in the developing regions would present excellent opportunities for market expansion during the forecast period.
Based on modality, the market is segmented into Portable Analyzers and Handheld Analyzers. Based on animal, the market is segmented into Companion Animals, Poultry & Dairy animals, Livestock Animals, and Others. Based on End user, the market is segmented into Veterinary Clinics, Veterinary Laboratories, Research Laboratories, and Others. The report also covers geographical segmentation of Veterinary Point of Care Blood Gas Analyzers market. The geographies included in the report are North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa. For the better analysis, the geographies are segmented into countries. The market research report covers the analysis of key stake holders of the Global Veterinary Point of Care Blood Gas Analyzers Market.
Key companies profiled in the report include Heska Corporation, Vepalabs, Nova Biomedical, LifeHealth, LLC, Abaxis, Inc., F. Hoffmann-La Roche AG, Bayer AG, Siemens Healthcare, OPTI Medical Systems Inc., and Radiometer Medical ApS.