Veterinary Chemistry Analyzers Market Shows Expected Growth from 2019-2026

Veterinary Chemistry Analyzers Market Moving
Toward 2026 with New Procedures
Veterinary Chemistry Analyzers Market, by Modality (Benchtop and Portable), by
Product Type (Instruments and Consumables), by Animal Type (Companion Animals
and Livestock), by Application (Blood Chemistry Analysis, Glucose Monitoring, Blood
Gas & Electrolyte Analysis, and Urinalysis), by End User (Hospitals and Clinical
Laboratories) and by Region (North America, Latin America, Europe, Asia Pacific,
Middle East, Africa) - Veterinary Chemistry Analyzers Market - Size, Share, Outlook,
and Opportunity Analysis, 2019 – 2026
A veterinary chemistry analyzer (VCA) is used for in-house veterinary use. These analyzers are used
to determine the concentration of certain metabolites, proteins, electrolytes or drugs in samples of urine,
plasma, serum, cerebrospinal fluid and/or other body fluids of animals. In other words, VCA is a blood
and urine testing instrument that analyzes around 12 biochemical tests simultaneously, by using the
samples of either urine, serum or plasma in around 6 minutes. The types of analyzers include, urine
analyzers, blood gas & electrolyte analyzers, glucometers, and others, which are used by hospitals,
medical labs, and for home use. There are several types of tests such as hematology test that includes
the cell counter for blood counts, immunoassays for detecting antibodies, and tests for ions that
measure voltage differences and others.
Veterinary Chemistry Analyzers Market - Drivers
Increasing animal population, growing pet adoption, increasing demand for pet insurance, along with
high animal health expenditure and increase in number of veterinary practitioners are the factors driving
growth of the veterinary chemistry analyzers market. According to the data published by American Pet
Product Association (APPA) in 2018, total pet healthcare expenditure in America in 2017 was US$
69.51 billion, which reached to US$ 72.13 billion in 2018.
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Increasing prevalence of zoonotic diseases is further contributing towards growth of the veterinary
chemistry analyzers market. According to the Centers for Disease Control and Prevention (CDC) in
2017,
3
out
of
4
emerging
infectious
diseases
in
people
are
transmitted
through
animals. E.coli infection, chickungunya, dengue, and malaria are some mild to severe zoonotic
diseases. According to the World Health Organization, in 2015, around 212 million cases of malaria
were recorded worldwide with 429,000 deaths. Therefore, increasing need for control measures for
zoonotic diseases is expected to boost the market growth.
Key manufacturers in the market are focused on launching new veterinary chemistry analyzers, which
is expected to boost the market growth. For instance, in November 2015, Diatron Group, global provider
of hematology and clinical chemistry analyzers, launched a new 5-part differential veterinary
hematology analyzer- the Abacus Vet5 in Dusseldorf at the Medica show.
Veterinary Chemistry Analyzers Market - Competitive Landscape
Some of the key players operating in the global veterinary chemistry analyzers market include, Abaxis
Inc., IDEXX Laboratories Inc., Heska Corporation, DiaSys Diagnostics Systems, Derechos reservados
Diconex, URIT Medical, Randox Laboratories Ltd., Eurolyser Diagnostica GmbH, ARKRAY Inc., and
Alfa Wassermann Inc.
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Veterinary Chemistry Analyzers Market - Market Taxonomy
On the basis of modality, the global veterinary chemistry analyzers market is segmented into:


Benchtop
Portable
On the basis of product type, the global veterinary chemistry analyzers market is segmented into:


Instruments
Consumables
On the basis of animal type, the global veterinary chemistry analyzers market is segmented into:


Companion Animals
Livestock
On the basis of application, the global veterinary chemistry analyzers market is segmented into:




Blood Chemistry Analysis
Glucose Monitoring
Blood Gas & Electrolyte Analysis
Urinalysis
On the basis of end user, the global veterinary chemistry analyzers market is segmented into:


Hospitals
Clinical Laboratories
Veterinary Chemistry Analyzers Market - Regional Insights
On the basis of region, the global veterinary chemistry analyzers market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds dominant
position in the global veterinary chemistry analyzers market. This is owing to increasing animal health
expenditure and high demand for animal-derived food in the region. According to American Pet
Products Association, the total pet industry expenditure which includes the food, supplies and over the
counter medicine, in 2017 was US$ 69.4 billion.
Key market players in the region are focused on adopting acquisition strategies to expand their
geographical presence. For instance, in May 2018, Zoetis Inc. and Abaxis Inc. announced the definite
merger agreement in which Zoetis Inc. will acquire Abaxis Inc. This acquisition is expected to improve
Zoetis Inc.’s presence in the veterinary diagnostics sector.
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A veterinary chemistry analyzer (VCA) is used for in-house veterinary use. These analyzers are used to determine the concentration of certain metabolites, proteins, electrolytes or drugs in samples of urine, plasma, serum, cerebrospinal fluid and/or other body fluids of animals. In other words, VCA is a blood and urine testing instrument that analyzes around 12 biochemical tests simultaneously, by using the samples of either urine, serum or plasma in around 6 minutes.