Need for Integrated Data and Rising Demand for Drug Development is Boosting the Veterinary Hematology Analyzers Market
Chicago, IL -- (SBWIRE) -- 07/28/2017 -- According to the report, "Veterinary Hematology Analyzers Market, by Product (2 Part WBC differential, 3 Part WBC differential, 5 Part WBC differential), End User (Research Institutes, Veterinary Diagnostic Centers, Veterinary Hospitals and Clinics) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for Veterinary Hematology Analyzers is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.
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Widely used in research settings and veterinary hospitals, veterinary hematology analyzers help in counting and characterizing blood cells for monitoring as well as detecting diseases in animals. Also, conventional veterinary hematology analyzer helps in doing the CBC (complete blood count) with a 3-part differential WBC (white blood cell). On the other hand, advanced veterinary hematology analyzers help in detecting small cell populaces in rare blood situations and also in determining cell morphology. Certain factors that are promoting the growth of this market are growing pets' adoption, growing disposable income and mounting animal diseases outbreaks.
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KEY PREMIUM INDUSTRY INSIGHTS
1. The factors boosting the market growth of veterinary hematology analyzers include growing animal population, increasing demand of food products that are derived from animal, escalating zoonotic disease incidences, rising purchases of pet insurance, growing expenditure on animal health and mounting growth in no. of veterinary practitioners as well as their rising income levels in developed economies.
2. However, global economic downturn and expensive veterinary hematology analyzers are certain factors that are hindering the market growth. Additionally, rising cost of pet care might also hamper the growth of veterinary hematology analyzers market during the forecast period.
Regionally, the global market for veterinary hematology analyzers is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these, North America region has the largest market share of veterinary hematology analyzers. However, Asia-Pacific region is anticipated to register the maximum growth in the coming years. The growth in this region is due to increasing animal population, growing demand for food products derived from animal, rising expenditure on healthcare of animal, especially in China and India region and growing awareness related to welfare & health of animal.
KEY MARKET PLAYERS
Key players in the veterinary hematology analyzers market include:
1. Siemens Healthineers
2. IDEXX Laboratories, Inc.
He3. ska Corporation
4. Abaxis, Inc.
5. Sysmex Corporation
6. Mindray Medical International Ltd.
7. Boule Medical AB
8. Qreserve, Inc.
9. Drew Scientific, Inc.
10. Urit Medical
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