North America Veterinary Hematology Analyzers Market is segmented By Product (Table Top Analyzers, Point of Care Analyzers), By Analysis Parameter (2 Part WBC differential, 3 Part WBC differential, 5 Part WBC differential, Others), By End-User (Veterinary Hospitals and Clinics, Veterinary Diagnostic Centers, Research Institutes, Others), and By Region – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Report Overview
North America Veterinary Hematology Analyzers Market reached US$ 431 million in 2023 and is expected to reach US$ 625.7 million by 2031, growing at a CAGR of 4.8% during the forecast period 2024-2031.
Veterinary hematology analyzers are sophisticated instruments used in veterinary medicine to analyze blood samples from animals. These analyzers are designed to provide comprehensive information about the cellular components of blood, including red blood cells (RBCs), white blood cells (WBCs), and platelets. Veterinary hematology analyzers are capable of automating the entire process of blood analysis, from sample preparation to result generation.
They are widely used in clinical and research institutions to count and characterize blood cells for monitoring and disease detection. Veterinary haematology analyzers are used by zoos, veterinarians and research labs to perform blood tests such as the detection of complete blood counts, white blood count, coagulation tests, and others.
Market Scope
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Metrics |
Details |
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CAGR |
4.8% |
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Market Size Available for Years |
2022-2031 |
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Estimation Forecast Period |
2024-2031 |
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Revenue Units |
Value (US$ Mn) |
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Segments Covered |
Product, Analysis Parameter, End-User |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics: Drivers & Restraints
Increasing Pet Ownership
The increasing pet ownership is increasing the demand for veterinary services, like diagnostic testing. Pet owners are increasingly prioritizing their animals' health and well-being, which increases frequent visits to veterinarian clinics for check-ups and diagnostics. Pet owners are becoming more aware of the need for regular health checks for their pets.
Pet ownership in the U.S. has jumped significantly over the past three decades. As of 2024, 66% of U.S. households (86.9 million homes) own a pet. The increasing pet population increases the demand and need for hematology analyzers which helps in diagnosing the pet’s health.
Routine blood tests, such as complete blood counts (CBC), are critical for discovering underlying health issues early. Hematology analyzers allow veterinarians to perform these tests fast and reliably, which aids in preventive treatment for pets. Diabetes, renal illness, and cancer are examples of chronic disorders that pets can develop.
Hematology analyzers are essential for identifying and monitoring these disorders via blood analysis, allowing veterinarians to properly manage treatment strategies. Thus, the above factors are expected to drive the market growth.
Stringent Government Regulations
New veterinary hematology analyzers may face delays in the market due to stringent regulatory approval processes. Before launching a new product, companies must show its safety, efficacy, and regulatory compliance. Delays in approvals may hinder innovation and reduce product availability.
Market Segment Analysis
The North America veterinary hematology analyzers market is segmented based on product, analysis parameter, and end-user.
Fully automatic analyzers segment is expected to dominate the market share
To diagnose and monitor numerous illnesses in animals, veterinarians must analyze blood samples accurately and precisely. Fully automated hematology analyzers use modern technologies like laser-based flow cytometry and impedance techniques to produce extremely reliable results, which are critical for providing correct veterinary care. These analyzers can process a large number of samples efficiently and rapidly.
Fully automated analyzers simplify the testing procedure in veterinary clinics and diagnostic laboratories, where time is of importance for diagnosing and treating animals. They require less manual involvement by automating sample preparation, analysis, and result reporting. This lowers labor expenses and enables veterinary professionals to concentrate on patient care rather than labor-intensive diagnostic processes.
Market Segmentation
By Product
- Table Top Analyzers
- Semi-Automatic Analyzers
- Fully Automatic Analyzers
- Point of Care Analyzers
- Cartridge Based
- Others
- Direct Sample Based
By Analysis Parameter
- 2 Part WBC differential
- 3 Part WBC differential
- 5 Part WBC differential
- Others
By End-User
- Veterinary Hospitals and Clinics
- Veterinary Diagnostic Centers
- Research Institutes
- Others
Why Purchase the Report?
- To visualize the North America veterinary hematology analyzers market segmentation based on product, analysis parameter, and end-user as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of veterinary hematology analyzers market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The North America veterinary hematology analyzers market report would provide approximately 53 tables, 47 figures and 176 pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
