Veterinary Point of Care Blood Gas Analyzers Market Analysis Insights by Latest Trends, Future Growth,Revenue and Demand

Veterinary Point-of-Care Blood Gas Analyzers Market by Modality, Animal and End-User: Global Opportunity Analysis and Industry Forecast, 2017-2023.

PORTLAND, OREGON, UNITED STATES, Jan. 20, 2022 /EINPresswire.com/ — Technologically advanced point-of-care veterinary blood gas analyzers are available on the market, increasing veterinarian preference over other laboratory analyzers. For example, the demand for battery-powered, wireless point-of-care blood gas analyzers has increased due to testing convenience and cost-effectiveness. The growth of the global veterinary point-of-care blood gas analyzer market is being driven by rising animal health spending, stricter animal health regulations and an increasing number of veterinary clinics and veterinarians.

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Major players profiled in this report include Abaxis, Inc., Edan Instruments, Inc., Heska Corporation, IDEXX Laboratories, Inc. and LifeHealth, LLC.

https://www.alliedmarketresearch.com/request-sample/4593

In addition, increasing pet adoption and cheap pet insurance policies are driving the market growth. According to the North American Pet Health Insurance Association (NAPHIA), the total number of pets insured reached 1.6 million at the end of 2015 and grew at a compound annual rate of 12.0% from 2014 to the end of 2015.

Currently, the portable blood gas analyzer segment holds the largest market share. However, it is estimated that the demand for portable blood gas analyzers is likely to increase during the forecast period owing to features such as faster outputs, ease of use and convenience.

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ā€¢ The portable analyzers segment is expected to grow at a CAGR of 7.1% from 2017 to 2023.
ā€¢ Veterinary clinics are major revenue contributors in the global market and are expected to maintain their dominance throughout the forecast period.
ā€¢ Based on animal type, the Pets segment leads the global market and is expected to continue its dominance during the forecast period; this segment currently holds half of the market share.
ā€¢ The Asia-Pacific region is expected to grow the fastest with a CAGR of 6.9%.

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Endoscope + Radiofrequency Ablation (RFA) Market

orthobiological market

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January 21, 2022 at 03:58 GMT


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