Veterinary chemistry analyzers, also known as veterinary medical products devices that are used to conduct biochemical testing and assays for veterinary diagnosis, monitoring, prevention, and treatment of different diseases in animals. Veterinary chemistry analyzers are efficient in determining animal diseases and play a vital role in maintaining animal health and welfare. Veterinary chemistry analyzers determine components in the samples of animal urine, blood, and others.  Global veterinary chemistry analyzer market is expected to gain market growth in the forecast period of 2019 to 2028. Data Bridge Market Research analyses the market growth at a CAGR of 8.7% in the above-mentioned forecast period

Top Driver: Growing demand for ready to eat food will drive the market growth

The increase in pet adoption and the high demand for pet insurance are among some of the major factors that are driving the growth of the global veterinary chemistry analyzer market. Expenditure on pet care is increasing due to the increased spending by pet owners on the health of their pets. Other factors expected to drive this market’s growth are the steady increase in the animal population, rising demand for animal-derived food products, rising incidence of zoonotic diseases, the increase in the number of veterinary practitioners and rising animal health expenditure. The increase in the demand for affordable, convenient and rapid diagnostic test equipment is projected to expand the global veterinary chemistry analyzer market over the foreseeable future. However, rising pet care costs are projected to restrain market growth over the coming years. Continuous innovations in veterinary healthcare, product developments, and new product launches are expected to create new growth opportunities for key players in this market.

Canned vegetables to Make Crucial Contribution for Growth of Global Veterinary chemistry analyzers Market

The benchtop segment continues to account for the highest revenue share in the global veterinary chemical analyzers market when compared to other type segments. This can be attributed to the different advantages of this product such as reduced manual errors, automation of tasks, precision, and high accuracy. The growth of this segment can also be attributed to its high-efficiency method in determining certain diseases in animals.

North America dominated to witness fastest growth in Global Veterinary chemistry analyzers Market

North America dominates the veterinary chemistry analyzer market. North America is expected to make up the bulk of its revenues in the coming years. This is due to the increasing demand for animal-derived foods in the region and the rising cost of animal health in the region. Due to the adoption of pets, increased awareness of animal health and the growing animal population in the region, the Asia Pacific region is expected to witness rapid revenue growth in the future

Players to Focus on Veterinary chemistry analyzers Market

Major players contributing to the worldwide veterinary biochemistry analyzers comprise

• Abaxis,Inc.,
• Heska
• Diagno-Vision Products Corporation,
• Idexx Laboratories, Inc.
• Mindray Medical International Limited,
• Neogen Corporation,
• Thermo Fischer Scientific
• Virbac SA
• Woodley Equipment Company Ltd.
• Zoetis, Inc.

Univerities, such as the University of Minnesota Veterinary Diagnostic Laboratory (VDL), which is fully accredited by the American Association of Veterinary Laboratory Diagnosticians, provide quality diagnostic services such as bacteriology, necropsy, electron microscopy, serology, clinical chemistry, histopathology, endocrinology, virology, immunohistochemistry, parasitology, toxicology and molecular diagnostics. VDL is also engaged in training future diagnosticians and veterinarians

Scope of the Report

By Product

• Benchtop
• Portable

By Application

• Consumables
• Reagents
• Panels
• Strips
• Instruments
• Blood Chemistry Analyzers
• Urine Analyzer
• Blood Gas & Electrolyte Analyzer
• Glucometers

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is predicted to grow.