Veterinary Chemistry Analyzers Market 2022-2026 | Increase In Ownership of Companion Animals to Boost Growth | Technavio
NEW YORK, April 19, 2022 /PRNewswire/ -- The Veterinary Chemistry Analyzers Market size is expected to grow by USD 617.32 million from 2021 to 2026, progressing at a CAGR of 9.06% during the forecast period, according to Technavio. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.
The increase in ownership of companion animals, increase in the usage for the diagnosis of diseases in pets, and surge in adoption as an alternative to the microscopic examination will offer immense growth opportunities. However, the rise in pet care costs, stringent regulations, and high cost of veterinary chemistry analyzers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The veterinary Chemistry Analyzers Market is segmented as below:
Product
Instruments
Consumables
Geography
North America
Europe
Asia
Rest Of World (ROW)
North America will account for 39 percent of market growth. In North America, the United States is the most important market for veterinary chemistry analyzers. The market in this region will grow faster than the market in the ROW.
Veterinary chemistry analyzers market growth in North America would be aided by increased pet adoption and per capita animal healthcare expenditure over the projected period.
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, Download a free sample.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our veterinary chemistry analyzers market report covers the following areas:
This study identifies the growing animal healthcare expenditure as one of the prime reasons driving the veterinary chemistry analyzers market growth during the next few years.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
Abbott Laboratories
Alfa Wassermann Inc.
Arkray USA Inc.
Carolina Liquid Chemistries Corp.
Chengdu Seamaty Technology Co. Ltd.
DiaSys Diagnostic Systems GmbH
Diconex SA
ELITech Group
Eurolyser Diagnostics GMBH
Heska Corp.
HORIBA Ltd.
IDEXX Laboratories Inc.
Neogen Corp.
NeoMedica
Randox Laboratories Ltd.
Scil Animal Care Co. GmbH
Skyla Corp.
URIT Medical Electronic Co. Ltd.
Ushio Inc.
Zoetis Inc.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.
Exhibit 112: URIT Medical Electronic Co. Ltd. - Overview
Exhibit 113: URIT Medical Electronic Co. Ltd. - Product / Service
Exhibit 114: URIT Medical Electronic Co. Ltd. - Key offerings
10.11 Ushio Inc.
Exhibit 115: Ushio Inc. - Overview
Exhibit 116: Ushio Inc. - Business segments
Exhibit 117: Ushio Inc. - Key offerings
Exhibit 118: Ushio Inc. - Segment focus
10.12 Zoetis Inc.
Exhibit 119: Zoetis Inc. - Overview
Exhibit 120: Zoetis Inc. - Business segments
Exhibit 121: Zoetis Inc. - Key offerings
Exhibit 122: Zoetis Inc. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 123: Inclusions checklist
Exhibit 124: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 125: Currency conversion rates for US$
11.4 Research methodology
Exhibit 126: Research methodology
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources
11.5 List of abbreviations
Exhibit 129: List of abbreviations
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