The global Veterinary Hematology Analyzers market is valued at US$ 914.9 million in 2019 is expected to reach US$ 1325.3 million by the end of 2028, growing at a CAGR of 6.5% during 2019-2028. Alertness about animal healthcare and prevalence of zoonotic diseases, increase in animal population, and surge in demand of food derived from animals are the key contributors to the growth of veterinary hematology analyzers market. Furthermore with rise in food borne diseases also plays significant role in veterinary hematology analyzers market.

Top Driver: Growing in zoonotic diseases and surge will drive the market growth

Rising awareness about animal health due to increase in zoonotic diseases and surge in demand of animal-derived food has led to initiatives by governments and food industry to take measures for preventive animal healthcare and improvement in diagnostics. There is being evolution of technology in development of hematology instruments with highly sophisticated automated analyzers, delivering high quality results, high sensitivity, reliability, safety and ease of operation which is thereby propelling the demand for veterinary hematology analyzers. High adoption of novel technologies is also observed in developed countries which are major markets for veterinary hematology analyzers.

Fully automated analyzers to Make Crucial Contribution for Growth of Global Veterinary Hematology Analyzers

The global veterinary hematology analyzers market is segmented by product type into semi-automated analyzers and fully automated analyzers. Fully automated analyzers dominate the veterinary hematology analyzers market due to it efficient, precise results and faster turnaround time. The global veterinary hematology analyzers market is segmented by analysis parameters into 2 part differential analyzers, 3 part differential analyzers, 5 part differential analyzers and others. 5 part differential analyzers segment dominates the veterinary hematology analyzers market.

As per the application, Hematology analyzers are widely used in clinical and research institutions to count and characterize blood cells for monitoring and disease detection. It is used to count red cells, leucocytes and platelets and determine hemoglobin and hematocrit levels.

North America dominated to witness fastest growth in Global Veterinary Hematology Analyzers

North America dominates the global veterinary hematology analyzers market followed by the Europe. Awareness about animal healthcare and zoonotic diseases, novel diagnostic technology, and significant increase in animal healthcare expenditure are the key factors driving the growth of veterinary hematology analyzers market in North America. Asia Pacific is the fastest growing regional market for veterinary hematology analyzers with highest CAGR in the forecast period.

The Asia Pacific is estimated to witness the highest growth rate during the aforementioned forecast period. A large number of livestock animals and a rise in per capita income and the resultant change in lifestyle and expenditure patterns of the population are driving the demand for veterinary hematology analyzers in the region.

 Players to Focus on Veterinary Hematology Analyzers

Key companies includes,

• IDEXX Laboratories
• Abaxis, Inc.
• Heska Corporation
• Siemens Healthcare Diagnostics Inc.
• Drew Scientific Inc.
• URIT Medical,
• Boule Medical AB
• scil animal care, Mindray
• HORIBA Medical
• Clindiag Systems
• HemoCue AB
• Diatron and Sysmex

Scope of the Report

By Type

• Fully Automatic Analyzers
• Semi-Automatic Analyzers

By Application

• Pet Hospital
• Research Center
• Zoo
• Inspection and Quarantine Departments

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.