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Veterinary Hematology Analyzer Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5940988

Veterinary Hematology Analyzer Trends and Forecast

The future of the global veterinary hematology analyzer market looks promising with opportunities in the research institute, veterinary diagnostic center, and veterinary hospitals & clinic markets. The global veterinary hematology analyzer market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are rising prevalence of zoonotic diseases, increasing awareness towards animal health, and growing adoption of companion animals.

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Veterinary Hematology Analyzer by Segment

The study includes a forecast for the global veterinary hematology analyzer by type, animal type, application, and region.

Veterinary Hematology Analyzer Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Table-Top
  • Point-of-Care

Veterinary Hematology Analyzer Market by Animal Type [Shipment Analysis by Value from 2018 to 2030]:

  • Companion Animals
  • Livestock Animals

Veterinary Hematology Analyzer Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Research Institutes
  • Veterinary Diagnostic Centers
  • Veterinary Hospitals & Clinics
  • Others

Veterinary Hematology Analyzer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Veterinary Hematology Analyzer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies veterinary hematology analyzer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the veterinary hematology analyzer companies profiled in this report include-
  • IDEXX Laboratories
  • Boule Medical
  • HemoCue
  • Heska
  • Zoetis
  • Horiba
  • Woodley Equipment

Veterinary Hematology Analyzer Market Insights

The report forecasts that table-top will remain the larger segment over the forecast period due to its features like lower maintenance and cost effectiveness.
Within this market, veterinary hospital & clinic will remain the largest segment due to high number of clinical visits, including blood tests, as well as increased use of laboratory tools to detect and treat different diseases in animals.
North America will remain the largest region over the forecast period due to the number of clinics is increasing, rise in disposable incomes and growing pet adoption in the region.

Features of the Global Veterinary Hematology Analyzer Market

  • Market Size Estimates: Veterinary hematology analyzer market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Veterinary hematology analyzer market size by type, animal type, application, and region in terms of value ($B).
  • Regional Analysis: Veterinary hematology analyzer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, animal types, applications, and regions for the veterinary hematology analyzer market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the veterinary hematology analyzer market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQs

Q1. What is the veterinary hematology analyzer market size?
Answer: The global veterinary hematology analyzer market is expected to reach an estimated $1.1 billion by 2030.

Q2. What is the growth forecast for veterinary hematology analyzer market?
Answer: The global veterinary hematology analyzer market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the veterinary hematology analyzer market?
Answer: The major drivers for this market are rising prevalence of zoonotic diseases, increasing awareness towards animal health, and growing adoption of companion animals.

Q4. What are the major segments for veterinary hematology analyzer market?
Answer: The future of the veterinary hematology analyzer market looks promising with opportunities in the research institute, veterinary diagnostic center, and veterinary hospitals & clinic markets.

Q5. Who are the key veterinary hematology analyzer market companies?

Answer: Some of the key veterinary hematology analyzer companies are as follows:

  • IDEXX Laboratories
  • Boule Medical
  • HemoCue
  • Heska
  • Zoetis
  • Horiba
  • Woodley Equipment
Q6. Which veterinary hematology analyzer market segment will be the largest in future?
Answer: The report forecasts that table-top will remain the larger segment over the forecast period due to its features like lower maintenance and cost effectiveness.

Q7. In veterinary hematology analyzer market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the number of clinics is increasing, rise in disposable incomes and growing pet adoption in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the veterinary hematology analyzer market by type (table-top and point-of-care), animal type (companion animals and livestock animals), application (research institutes, veterinary diagnostic centers, veterinary hospitals & clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Veterinary Hematology Analyzer Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Veterinary Hematology Analyzer Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Veterinary Hematology Analyzer Market by Type
3.3.1: Table-Top
3.3.2: Point-of-Care
3.4: Global Veterinary Hematology Analyzer Market by Animal Type
3.4.1: Companion Animals
3.4.2: Livestock Animals
3.5: Global Veterinary Hematology Analyzer Market by Application
3.5.1: Research Institutes
3.5.2: Veterinary Diagnostic Centers
3.5.3: Veterinary Hospitals & Clinics
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Veterinary Hematology Analyzer Market by Region
4.2: North American Veterinary Hematology Analyzer Market
4.2.1: North American Veterinary Hematology Analyzer Market by Type: Table-top and Point-of-care
4.2.2: North American Veterinary Hematology Analyzer Market by Application: Research Institutes, Veterinary Diagnostic Centers, Veterinary Hospitals & Clinics, and Others
4.3: European Veterinary Hematology Analyzer Market
4.3.1: European Veterinary Hematology Analyzer Market by Type: Table-top and Point-of-care
4.3.2: European Veterinary Hematology Analyzer Market by Application: Research Institutes, Veterinary Diagnostic Centers, Veterinary Hospitals & Clinics, and Others
4.4: APAC Veterinary Hematology Analyzer Market
4.4.1: APAC Veterinary Hematology Analyzer Market by Type: Table-top and Point-of-care
4.4.2: APAC Veterinary Hematology Analyzer Market by Application: Research Institutes, Veterinary Diagnostic Centers, Veterinary Hospitals & Clinics, and Others
4.5: ROW Veterinary Hematology Analyzer Market
4.5.1: ROW Veterinary Hematology Analyzer Market by Type: Table-top and Point-of-care
4.5.2: ROW Veterinary Hematology Analyzer Market by Application: Research Institutes, Veterinary Diagnostic Centers, Veterinary Hospitals & Clinics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Veterinary Hematology Analyzer Market by Type
6.1.2: Growth Opportunities for the Global Veterinary Hematology Analyzer Market by Animal Type
6.1.3: Growth Opportunities for the Global Veterinary Hematology Analyzer Market by Application
6.1.4: Growth Opportunities for the Global Veterinary Hematology Analyzer Market by Region
6.2: Emerging Trends in the Global Veterinary Hematology Analyzer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Veterinary Hematology Analyzer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Veterinary Hematology Analyzer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: IDEXX Laboratories
7.2: Boule Medical
7.3: HemoCue
7.4: Heska
7.5: Zoetis
7.6: Horiba
7.7: Woodley Equipment

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • IDEXX Laboratories
  • Boule Medical
  • HemoCue
  • Heska
  • Zoetis
  • Horiba
  • Woodley Equipment

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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