Market Overview:
The global veterinary blood glucose meters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of diabetes mellitus in animals, rising demand for pet health care services, and growing awareness about animal health and well-being. Based on type, the global veterinary blood glucose meters market is segmented into GDH-FAD and other types. The GDH-FAD segment is expected to account for the majority share of the market in 2018 owing to its high accuracy and precision levels. Based on application, the global veterinary blood glucose meters market is segmented into pet hospital, veterinary station, home use, and other applications. The pet hospital segment accounted for the majority share of this market in 2017 due to rising demand for advanced diagnostic tools among veterinarians worldwide.
Product Definition:
A Veterinary Blood Glucose Meter is a medical device used to measure the amount of glucose in the blood of animals. The importance of Veterinary Blood Glucose Meters is that they allow veterinarians to monitor and treat diabetic animals by measuring their blood sugar levels.
GDH-FAD:
Growth Factor-FAD ( GDH-FAD) is a naturally occurring enzyme found in the liver and kidney of humans and animals. The product name was derived from its initial discovery in glucose metabolism. It is now known to be involved in many chemical reactions including polymerization, modification, and hydrolysis of numerous substances such as amino acids, peptides, hormones &caffeine etc.
Other:
Other is a group of drugs or substances that are chemically different from insulin and have the same general effect on diabetes. The most common type of other is sulfonylurea, which works by increasing the amount of glucose in the blood. Sulfonylureas were once widely used but have been largely replaced by newer drugs such as biguanides and meglitinides, which act through different mechanisms.
Application Insights:
The pet hospital segment dominated the global market in terms of revenue share in 2017. This is due to a large number of veterinary hospitals across the globe, which require regular blood glucose monitoring for diabetic animals. Moreover, an increasing number of pet owners opting for a sedentary lifestyle and hectic work schedules have led to an increased demand for pets and thus veterinary services over the world.
The home use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising awareness among farmers regarding their livestock health issues coupled with technological advancements in meters that make them user-friendly and affordable at home settings.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet adoption, high animal healthcare expenditure, and favorable reimbursement policies & regulatory reforms in this region. For instance, as of 2016, around 46% of U.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising disposable income coupled with growing awareness about animal health care among people in this region.
Blood glucose monitoring systems have been increasingly adopted by large-scale feed manufacturers across North America on account of regulations that require veterinarians or pet owners for reporting any adverse effects associated with food additives or nutritional supplements used along with test kits sold within this region.
Growth Factors:
- Increasing demand for pet care and animal health services
- Rising prevalence of diabetes in animals
- Growing awareness about the benefits of blood glucose meters for veterinary use
- Technological advancements in blood glucose meter design and functionality
- Increasing number of veterinary clinics and hospitals
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Blood Glucose Meters Market Research Report
By Type
GDH-FAD, Other
By Application
Pet Hospital, Veterinary Station, Home Use, Other
By Companies
Bionote, Biotest Medical, CERAGEM Medisys, i-Sens, MED TRUST, Nova Biomedical, TaiDoc Technology, Ultimed, Woodley Equipment, Bionote
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Blood Glucose Meters Market Report Segments:
The global Veterinary Blood Glucose Meters market is segmented on the basis of:
Types
GDH-FAD, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pet Hospital, Veterinary Station, Home Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bionote
- Biotest Medical
- CERAGEM Medisys
- i-Sens
- MED TRUST
- Nova Biomedical
- TaiDoc Technology
- Ultimed
- Woodley Equipment
- Bionote
Highlights of The Veterinary Blood Glucose Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- GDH-FAD
- Other
- By Application:
- Pet Hospital
- Veterinary Station
- Home Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Blood Glucose Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary blood glucose meters are medical devices used to measure blood sugar levels in animals. They are often used by veterinarians to monitor the health of pets and livestock.
Some of the key players operating in the veterinary blood glucose meters market are Bionote, Biotest Medical, CERAGEM Medisys, i-Sens, MED TRUST, Nova Biomedical, TaiDoc Technology, Ultimed, Woodley Equipment, Bionote.
The veterinary blood glucose meters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Blood Glucose Meters Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Veterinary Blood Glucose Meters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Veterinary Blood Glucose Meters Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Veterinary Blood Glucose Meters Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Veterinary Blood Glucose Meters Market Size & Forecast, 2020-2028 4.5.1 Veterinary Blood Glucose Meters Market Size and Y-o-Y Growth 4.5.2 Veterinary Blood Glucose Meters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 GDH-FAD
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pet Hospital
6.2.2 Veterinary Station
6.2.3 Home Use
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Blood Glucose Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Blood Glucose Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 GDH-FAD
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pet Hospital
9.10.2 Veterinary Station
9.10.3 Home Use
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 GDH-FAD
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pet Hospital
10.10.2 Veterinary Station
10.10.3 Home Use
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 GDH-FAD
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pet Hospital
11.10.2 Veterinary Station
11.10.3 Home Use
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 GDH-FAD
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pet Hospital
12.10.2 Veterinary Station
12.10.3 Home Use
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 GDH-FAD
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pet Hospital
13.10.2 Veterinary Station
13.10.3 Home Use
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Blood Glucose Meters Market: Competitive Dashboard
14.2 Global Veterinary Blood Glucose Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bionote
14.3.2 Biotest Medical
14.3.3 CERAGEM Medisys
14.3.4 i-Sens
14.3.5 MED TRUST
14.3.6 Nova Biomedical
14.3.7 TaiDoc Technology
14.3.8 Ultimed
14.3.9 Woodley Equipment
14.3.10 Bionote