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Veterinary Hematology Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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Hematology analyzers are commonly used to test blood samples. Veterinary hematology analyzers are computerized and specialized machines that count different types of blood cells such as white and red blood cells, platelets and others in animal blood sample. These analyzers are used to detect disease characteristics of animal species such as feline, canine, bovine, ferret, equine, rabbit, guinea pig, and others. Veterinary hematology analyzers are featured with different techniques such as open vial testing and closed sampling testing techniques.


The growth of veterinary hematology analyzers market is mainly attributed to the introduction of advanced technology based veterinary hematology analyzers by key players. For example, Abaxis, Inc. offers fully-automated and five-part differential VetScan HM5 Hematology System. The company also offers hematology analyzers such as VetScan VS2, VetScan HM5 Hematology System, VetScan VSpro and others that are specifically designed to use for veterinary clinics. These analyzers provide superior performance and ease of use to the veterinary clinicians. In addition, Heska Corporation is actively engaged in developing hematology analyzers for veterinary purpose. The company offers HemaTrue Hematology Analyzer that provides more accurate results with only 20 µL (about one drop) of blood sample within 5 seconds of time period. Thus, these types of offering of advanced and accurate hematology analyzers will increase the uptake of veterinary hematology analyzers hence drives the growth of the market. 


Moreover, rising incidences of animal disease further stimulates the growth of veterinary hematology analyzers market in near future. Furthermore, factors such as rising animal healthcare awareness, increasing adoption of pets and others also drives the market growth of veterinary hematology analyzers worldwide. However, economic downturn globally will restrain the market growth. Additionally, high cost of veterinary hematology analyzers will further restrain the growth of the market.


The market of veterinary hematology analyzers can be categorized into:

  • By Technology
    • Fully Automated Veterinary Hematology Analyzers
    • Semi Automated Veterinary Hematology Analyzers
    • Point of Care Veterinary Hematology Analyzers
  • By End Users
    • Research Institutes
    • Veterinary Testing Laboratories
    • Veterinary Hospitals
    • Others

Geographically, North America represents the largest market for veterinary hematology analyzers. The growth is mainly attributed to technological advancements and presence of large number of key players in North America. Additionally, rise in the adoption of pets is also considered as one of the prominent drivers that augments utilization of veterinary hematology analyzers hence drives the growth of the market. Europe is considered as the second largest market of veterinary hematology analyzers owing to the introduction of novel and advanced hematology analyzers. For instance, in January 2011, IDEXX Laboratories, Inc. introduced ProCyte Dx Hematology Analyzer in European market. This analyzer is a cost effective veterinary hematology analyzer and specifically used by veterinary clinicians. 


Thus, these types of introduction will establish healthy platform for the growth of veterinary hematology analyzers market in Europe. In addition, rising number of animal diseases coupled with increasing demand of veterinary hematology analyzers in European region further boosts the market growth. Asia Pacific region is considered as the emerging markets for veterinary hematology analyzers because of rising awareness for the animal diseases coupled with increasing disposable income of the Asia Pacific people.


Various key players contributing to the global veterinary hematology analyzers market comprises Abaxis, Inc., Beckman Coulter, Inc. HemoCue AB, IDEXX Laboratories, Inc., Heska Corporation, Analytical Technologies Ltd., HORIBA ABX Inc., Beckman Coulter and others.


This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

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

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 


Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

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