Market Overview:
The global bench-top veterinary biochemistry analyzers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bench-top veterinary biochemistry analyzers in various applications such as automotive, aerospace & defense, industrial, security & surveillance, traffic monitoring and management. North America is expected to hold the largest share of the global bench-top veterinary biochemistry analyzers market in 2018 owing to the presence of key players in this region and rising demand for these devices from various end users. Asia Pacific is projected to be the fastest growing region during the forecast period due to increasing investments by leading players in this region and rising demand for these devices from various end users.
Product Definition:
Bench-top Veterinary Biochemistry Analyzers are used for the quantitative analysis of biochemistry parameters in serum, plasma and other body fluids. The importance of Bench-top Veterinary Biochemistry Analyzers is that they provide accurate and reproducible results which can be used to diagnose and monitor various diseases in animals.
Short-Range Radar (SSR):
Short-range radar (SSR) is a diagnostic tool that utilizes electromagnetic energy to detect the body fluids and molecules. It works on the principle of molecular interaction and can be used for both clinical as well as research purposes. The major application of SSR in veterinary biochemistry analyzers is to analyze blood, urine, serum or any other body fluid for various diseases or health issues related to kidneys, liver or heart.
Mid-Range Radar and Long-Range Radar (MRR/LRR):
MRR/LRR is a radar system that can scan and detect the objects located at a certain distance. The Mid-Range Radar (MRR) and Long-Range Radar (LRR) are used in veterinary biochemistry analyzers for the detection of drugs, hormones, toxins, etc.
The MRR has an effective range of 5 meters while LRR has an effective range of 200 meters.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The need for rapid diagnosis of diseases, coupled with an increase in expenditure on veterinary biochemistry analyzers as a result of rising health problems among pets and animals has been driving demand across this segment. Furthermore, growing awareness about preventive healthcare along with increasing R&D investments by major players are anticipated to further fuel growth during the forecast period.
The aerospace & defense application segment is expected to register a significant CAGR exceeding 8% from 2018 to 2030 owing to factors such as government initiatives towards enhancing animal health and safety standards within aircraft cockpits, coupled with technological advancements that have increased pet owners¢â‚¬â„¢ concerns regarding their companion animals¢â‚¬° well-being while traveling long distances at high altitudes or speeds in airplanes or helicopters.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D, and increasing demand for veterinary biochemistry analyzers from pet owners. The region is expected to maintain its dominance throughout the forecast period owing to continuous product innovation and increased adoption from animal health organizations such as American Feed Industry Association (AFIA).
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period due to factors such as growing economy, increase in disposable income coupled with rising awareness about animal health among consumers. Furthermore, an increase in investments by companies for development of advanced products will also drive growth during the forecast period.
Growth Factors:
- Increasing demand for precision and accuracy in veterinary diagnostics
- Growing awareness about the benefits of bench-top veterinary biochemistry analyzers
- Technological advancements in bench-top veterinary biochemistry analyzers
- Rising demand for point-of-care diagnostics devices
- Increasing number of animal hospitals and clinics
Scope Of The Report
Report Attributes
Report Details
Report Title
Bench-top Veterinary Biochemistry Analyzers Market Research Report
By Type
Short-Range Radar (SSR), Mid-Range Radar and Long-Range Radar (MRR/LRR)
By Application
Automotive, Aerospace & Defense, Industrial, Security & Surveillance, Traffic Monitoring and Management
By Companies
Continental, Hella, Denso, Lockheed Martin, Raytheon Company, NXP Semiconductors, ZF Friedrichshafen AG, Infineon Technologies
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Bench-top Veterinary Biochemistry Analyzers Market Report Segments:
The global Bench-top Veterinary Biochemistry Analyzers market is segmented on the basis of:
Types
Short-Range Radar (SSR), Mid-Range Radar and Long-Range Radar (MRR/LRR)
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
Automotive, Aerospace & Defense, Industrial, Security & Surveillance, Traffic Monitoring and Management
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:
- Continental
- Hella
- Denso
- Lockheed Martin
- Raytheon Company
- NXP Semiconductors
- ZF Friedrichshafen AG
- Infineon Technologies
Highlights of The Bench-top Veterinary Biochemistry Analyzers 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:
- Short-Range Radar (SSR)
- Mid-Range Radar and Long-Range Radar (MRR/LRR)
- By Application:
- Automotive
- Aerospace & Defense
- Industrial
- Security & Surveillance
- Traffic Monitoring and Management
- 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 Bench-top Veterinary Biochemistry Analyzers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bench-top veterinary biochemistry analyzers are devices that allow veterinarians to perform biochemical tests on samples. These analyzers can be used to determine the levels of various substances in a sample, and can also be used to identify abnormalities in a sample.
Some of the major companies in the bench-top veterinary biochemistry analyzers market are Continental, Hella, Denso, Lockheed Martin, Raytheon Company, NXP Semiconductors, ZF Friedrichshafen AG, Infineon Technologies.
The bench-top veterinary biochemistry analyzers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bench-top Veterinary Biochemistry Analyzers 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 Bench-top Veterinary Biochemistry Analyzers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bench-top Veterinary Biochemistry Analyzers 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 Bench-top Veterinary Biochemistry Analyzers 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 Bench-top Veterinary Biochemistry Analyzers Market Size & Forecast, 2020-2028
4.5.1 Bench-top Veterinary Biochemistry Analyzers Market Size and Y-o-Y Growth
4.5.2 Bench-top Veterinary Biochemistry Analyzers 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 Short-Range Radar (SSR)
5.2.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
6.2.2 Aerospace & Defense
6.2.3 Industrial
6.2.4 Security & Surveillance
6.2.5 Traffic Monitoring and Management
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bench-top Veterinary Biochemistry Analyzers 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 Bench-top Veterinary Biochemistry Analyzers 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 Short-Range Radar (SSR)
9.6.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
9.10.2 Aerospace & Defense
9.10.3 Industrial
9.10.4 Security & Surveillance
9.10.5 Traffic Monitoring and Management
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 Short-Range Radar (SSR)
10.6.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
10.10.2 Aerospace & Defense
10.10.3 Industrial
10.10.4 Security & Surveillance
10.10.5 Traffic Monitoring and Management
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 Short-Range Radar (SSR)
11.6.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
11.10.2 Aerospace & Defense
11.10.3 Industrial
11.10.4 Security & Surveillance
11.10.5 Traffic Monitoring and Management
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 Short-Range Radar (SSR)
12.6.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
12.10.2 Aerospace & Defense
12.10.3 Industrial
12.10.4 Security & Surveillance
12.10.5 Traffic Monitoring and Management
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 Short-Range Radar (SSR)
13.6.2 Mid-Range Radar and Long-Range Radar (MRR/LRR)
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 Automotive
13.10.2 Aerospace & Defense
13.10.3 Industrial
13.10.4 Security & Surveillance
13.10.5 Traffic Monitoring and Management
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 Bench-top Veterinary Biochemistry Analyzers Market: Competitive Dashboard
14.2 Global Bench-top Veterinary Biochemistry Analyzers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Hella
14.3.3 Denso
14.3.4 Lockheed Martin
14.3.5 Raytheon Company
14.3.6 NXP Semiconductors
14.3.7 ZF Friedrichshafen AG
14.3.8 Infineon Technologies
