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Veterinary Point of Care Blood Gas Analyzers Market is anticipated to reach $65,982 thousand | Scope and overview, To Witness Rapid Growth Due To Increase High Demand In Developing Countries

Report Ocean presents a new report on global veterinary point of care blood gas analyzers market size, share, growth, industry trends, and forecast 2027, covering various industry elements and growth trends helpful for predicting the market’s future.

The global veterinary point of care blood gas analyzers market generated $47,876 thousand in 2016, and is anticipated to reach $65,982 thousand by 2027, growing at a CAGR of 4.6% from 2021 to 2027. Point-of-care blood gas analyzers offer convenience and faster outputs, and are thus widely used in veterinary clinics and laboratories to measure pH, and blood gases in blood specimen from animals.

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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Global healthcare market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

Veterinary point of care blood gas analyzers market is expected to grow at a significant rate during the forecast period, owing to increase in adoption of companion animals, rise in animal health awareness, and surge in expenditure on animal welfare. According to a GfK SE survey (Gesellschaft fur Konsumforschung or Society for Consumer Research), 57% of consumers owned pets in 2016 globally. POCT has attracted the veterinary practitioner’s attention majorly due to faster results, accuracy, advance technologies, ease of handling, and test convenience.

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The report segments the market based on modality, animal, end user, and region. On the basis of modality, the market is divided into portable analyzers and handheld analyzers. By animal type, it is classified into companion animals, poultry & dairy animals, livestock animals, and others. According to end user, it is classified into veterinary clinics, veterinary laboratories, research laboratories, and others. Regionally, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
It offers a quantitative analysis from 2016 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

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KEY MARKET SEGMENTS

By Modality

Portable Analyzers
Handheld Analyzers

By Animal

Companion Animals
Poultry & Dairy animals
Livestock Animals
Others

By End User

Veterinary Clinics
Veterinary Laboratories
Research Laboratories
Others

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By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Abaxis, Inc.
Edan Instruments, Inc.
Heska Corporation
IDEXX Laboratories, Inc.
LifeHealth, LLC

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

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This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

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A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Following are the questions answered by the Market report:

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This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

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The report analyzes companies across the globe in detail.

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This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

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This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-05-20 10:12 GMT+08:00