IMARC Group, a leading market research company, has recently releases report titled “Veterinary Point of Care Blood Gas Analyzers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global veterinary point of care blood gas analyzers market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the veterinary point of care blood gas analyzers market?
Market Size in 2022 - US$ 60.74 Million
Market Forecast in 2028 - US$ 79.27 Million
Growth rate (2023 to 2028) - CAGR of 4.45%
Base Year of the Analysis - 2022
Forecast Period - 2023-2028
What is Veterinary Point of Care Blood Gas Analyzers?
Veterinary point of care (PoC) blood gas analyzer represents compact handheld devices typically used in veterinary clinics for point of care blood testing. They are considered advanced solutions to evaluate the potential of hydrogen (PH) levels, electrolytes, blood gas metabolites, and numerous diseases. These analyzers offer the convenience of usage with better clinical results. They find wide applications in veterinary centers and research laboratories dealing with animal health concerns.
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What are the growth prospects and trends in the veterinary point of care blood gas analyzers industry?
- The widespread adoption of companion animals, such as canines, cats, and rabbits, especially by nuclear families, is primarily driving the veterinary point of care blood gas analyzers market. Furthermore, the escalating demand for POC testing systems over laboratory testing solutions to detect several zoonotic diseases instantly with better clinical outcomes is also augmenting the market growth.
- The rising usage of PoC testing systems as they help analyze various disorders, including ringworm, pox, piglet diarrhea, scour, rabies, black quarter, and other ailments amongst companion animals in an effective manner is positively influencing the global market. Moreover, the launch of favorable initiatives undertaken by government bodies of numerous countries to allow the establishment of veterinary clinics and equip them with advanced medical systems is further bolstering the market growth.
- Continuous technological advancements in the existing healthcare systems in terms of results, accuracy, ease of handling, efficacy, and convenience are acting as significant growth-inducing factors. Additionally, extensive research and development (R&D) activities and strategic collaborations amongst key players to engineer new gas analyzers are anticipated to fuel the veterinary point of care blood gas analyzers market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Modality Type:
- Portable Analyzers
- Handheld Analyzers
Breakup by Animal Type:
- Companion Animals
- Poultry and Dairy Animals
- Livestock Animals
- Others
Breakup by End User:
- Veterinary Clinics
- Veterinary Laboratories
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Chengdu Seamaty Technology Co. Ltd.
- Edan Instruments Inc.
- Heska Corporation
- IDEXX Laboratories Inc.
- i-SENS Inc.
- Nova Biomedical Corporation
- Sensa Core Medical Instrumentation Pvt. Ltd., Vepalabs, Zoetis Inc
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