Veterinary Hematology Analyzers Market: By Product Type (Table Top Analyzers (Semi-automatic Analyzers, Fully-automatic Analyzers), Point of Care Analyzers (Direct Sample Based, Cartridge Based)), By End User (Veterinary Diagnostic Centers, Research Institutions, Veterinary Hospitals, Veterinary Clinics, In-House Testing) and Geography

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Veterinary Hematology Analyzers Market was valued at USD 943.5 million in 2022 and is anticipated to grow at a CAGR of 4.8% over 2023-2029. The veterinary haematology analyzers are the specialised diagnostic instruments developed particularly to analyse blood samples from animals, including companion animals (such as dogs and cats), livestock (such as cattle and horses), and laboratory animals (such as mice and rats). Hematology analyzers are important in veterinary practice because they provide precise and complete blood cell counts and other haematological data, which help in the early diagnosis, monitoring, and treatment of many animal illnesses. The veterinary hematology analyzers market has grown significantly as a result of the increased prevalence of different animal illnesses, rising pet adoption rates, and rising need for improved diagnostic instruments in veterinary clinics and laboratories.

According to Health for Animals data, one in every five farm animals dies from sickness each year, while many more endure the consequences of illness. Animal health tools such as Haematology Analyzers aid in the detection and treatment of various diseases, resulting in fewer animals dying as a result of the disease. In addition, the increasing focus on animal health and wellness, along with development of advanced hematology analyzers with features such as multi-parameter analysis, high throughput capabilities, and improved accuracy has also contributed to market growth. Moreover, with the growing demand for animal-derived products and the need for efficient disease management in livestock the demand for hematology analyzers is anticipated to burgeon the growth of the market iver the forecast years. However, high cost associated with the advanced haematology analyzers and the limited availability of skilled veterinary professionals poses challenges to the growth of the veterinary hematology analyzers market. The continuous advancements in technology made by key market players have resulted in the development of more sophisticated and user-friendly veterinary hematology analyzers, which again contribute to the development of veterinary hematology analyzers market. For instance, in March 2022, Lifotronic Technology Co., Ltd. launched a veterinary hematology analyzer, Hematology Analyzer AC610 vet.

Veterinary Hematology Analyzers Market Key Developments:
  • In August 2020, IDEXX launched a new ProCyte One Hematology Analyzer with exceptionally simplified user experience that delivers consistent, accurate results at the point of care.
  • In May 2018, Zoetis Inc. announced the complete acquisition of Abaxis for US $83 per share in cash, or approximately $2.0 billion in aggregate.

Veterinary Hematology Analyzers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.8%

Largest Market

North America

Fastest Growing Market

North America
Veterinary Hematology Analyzers Market Dynamics

Veterinary hematology analyzers market is primarily driven by rise in awareness about the animal health due to prevalence zoonotic diseases and various initiatives taken by the governments and non government organizations to improve the animal health through providing the improved veterinary healthcare infrastructure. In addition, advancements in the diagnostic technologies delivering the safe, automated and easy to use hematology analyzers expected to boost the market growth further. Moreover, increase in the animal health concerns and spending by the animal owners expected to bolster the market growth over the forecast period. However, high cost of the analyzers may hamper the growth of market over the forecast period.

Key Features of the Reports

  • The veterinary hematology analyzers market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

Veterinary Hematology Analyzers Market Segmentation

By Product Type
  • Table Top Analyzers
    • Semi-automatic Analyzers
    • Fully-automatic Analyzers
  • Point of Care Analyzers
    • Direct Sample Based
    • Cartridge Based
By End User
  • Veterinary Diagnostic Centers
  • Research Institutions
  • Veterinary Hospitals
  • Veterinary Clinics
  • In-house Testing
By Geography
  • North America
  • Europe,
  • Asia Pacifi
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

1.Executive Summary
2.Global Veterinary Hematology Analyzers Market Introduction 
2.1.Global Veterinary Hematology Analyzers Market  - Taxonomy
2.2.Global Veterinary Hematology Analyzers Market  - Definitions
2.2.1.Product Type
2.2.2.End User
2.2.3.Region
3.Global Veterinary Hematology Analyzers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Veterinary Hematology Analyzers Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Veterinary Hematology Analyzers Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Table Top Analyzers
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Point of Care Analyzers
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Veterinary Hematology Analyzers Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Veterinary Diagnostic Centers
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Research Institutions
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Veterinary Hospitals
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Veterinary Clinics
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. In-house Testing
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Veterinary Hematology Analyzers Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Veterinary Hematology Analyzers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Table Top Analyzers
8.1.2.Point of Care Analyzers
8.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Veterinary Diagnostic Centers
8.2.2.Research Institutions
8.2.3.Veterinary Hospitals
8.2.4.Veterinary Clinics
8.2.5.In-house Testing
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Veterinary Hematology Analyzers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Table Top Analyzers
9.1.2.Point of Care Analyzers
9.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Veterinary Diagnostic Centers
9.2.2.Research Institutions
9.2.3.Veterinary Hospitals
9.2.4.Veterinary Clinics
9.2.5.In-house Testing
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Veterinary Hematology Analyzers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Table Top Analyzers
10.1.2.Point of Care Analyzers
10.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Veterinary Diagnostic Centers
10.2.2.Research Institutions
10.2.3.Veterinary Hospitals
10.2.4.Veterinary Clinics
10.2.5.In-house Testing
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Veterinary Hematology Analyzers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Table Top Analyzers
11.1.2.Point of Care Analyzers
11.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Veterinary Diagnostic Centers
11.2.2.Research Institutions
11.2.3.Veterinary Hospitals
11.2.4.Veterinary Clinics
11.2.5.In-house Testing
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Veterinary Hematology Analyzers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Table Top Analyzers
12.1.2.Point of Care Analyzers
12.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Veterinary Diagnostic Centers
12.2.2.Research Institutions
12.2.3.Veterinary Hospitals
12.2.4.Veterinary Clinics
12.2.5.In-house Testing
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Drew Scientific Inc (U.S)
13.2.2.scil animal care company GmbH (Germany)
13.2.3.Boule Diagnostics (Sweden)
13.2.4.Horiba Ltd (Japan)
13.2.5.Mindray Medical International Limited (China)
13.2.6.IDEXX Laboratories Inc (U.S)
13.2.7.CLINDIAG SYSTEMS B.V.B.A (China)
13.2.8.Siemens AG (Germany)
13.2.9.Abaxis, Inc. (U.S)
13.2.10.Sysmex Corporation (Japan)
13.2.11.Radiometer (Denmark)
14. Research Methodology 
15. Appendix and Abbreviations 
  • Drew Scientific Inc (U.S)
  • scil animal care company GmbH (Germany)
  • Boule Diagnostics (Sweden)
  • Horiba Ltd (Japan)
  • Mindray Medical International Limited (China)
  • IDEXX Laboratories Inc (U.S)
  • CLINDIAG SYSTEMS B.V.B.A (China)
  • Siemens AG (Germany)
  • Abaxis, Inc. (U.S)
  • Sysmex Corporation (Japan)
  • Radiometer (Denmark)