The Global Veterinary Chemistry Analyzer Market is projected to reach USD 1,446.9 million in 2027. Higher expenditure on animal healthcare and increased ownership of pets are some of the major factors contributing to market growth.

One of the main factors in rising market growth is increasing occurrence of zoonotic diseases. According to an article published in the Centers for Disease Control and Prevention (CDC) in 2017, scientists reported that in humans 3 out of 4 emerging infectious diseases are transmitted via animals, and in humans more than 6 out of 10 known infectious diseases are transmitted by animals.

Increasing demand for animal proteins is leading to an increase in livestock production worldwide and an increase in animal exports. Increasing disposable income and changing lifestyles are agitating demand for food products derived from animals.

According to the American Pet Products Association (APPA), the U.S. pet food sales increased from 2000 to 2014 to USD 22 billion and are projected to grow. According to Mintel, the quality of pet food products is as important as their own in 2014 as 79.0 per cent of U.S. pet owners considered.

The market for veterinary chemistry analyzers is expected to see significant growth in the coming years, with increased demand for animal-derived food products , increased numbers of livestock and companion animals, increased ownership of animals in developed countries , increased demand for pet insurance, increased expenditure on animal health , increased incidence of zoonotic diseases and an increase in the number of veterinarians In addition , new markets in the veterinary chemistry analyzers industry are expected to provide substantial growth opportunities for companies. Nevertheless, the increasing cost of pet care is expected to curb this market’s growth.

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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

Abaxis, IDEXX Laboratories, Inc., Randox Laboratories Ltd., URIT Medical, Eurolyser Diagnostica GmbH, Heska Corporation, Derechos reservados Diconex, DiaSys Diagnostic Systems GmbH, Biochemical Systems International Srl., and Chengdu Seamaty Technology Co. Ltd., among others.

 The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Veterinary Chemistry Analyzer market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

On basis of product types and application offered by the Veterinary Chemistry Analyzer industry, the market is segmented into:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Consumables
• Instruments

Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Benchtop
• Portable

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Blood Chemistry Analysis
• Urinalysis
• Blood Gas Electrolyte Analysis
• Glucose Monitoring

End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Hospitals
• Clinical Laboratories

The regional analysis covers:

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

Benefits of Veterinary Chemistry Analyzer Market Report:

• Panoramic overview of the opportunities and risks in the Veterinary Chemistry Analyzer sector
• Study of recent innovations and developments in the industry
• Comprehensive study of the growth pattern of the Veterinary Chemistry Analyzer industry
• In-depth assessment of the competitive landscape of the key players of the Veterinary Chemistry Analyzer industry
• Analysis of the Veterinary Chemistry Analyzer market drivers, constraints, and opportunities
• Assessment of technological developments and latest trends of the industry

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