Market Overview:
The global companion animal clinical chemistry analysis market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for companion animals, rising prevalence of zoonotic diseases, and growing awareness about pet health. In addition, technological advancements in the field of veterinary diagnostics are also contributing to the growth of this market. On the basis of type, the global companion animal clinical chemistry analysis market is segmented into clinical chemistry reagent clips and cartridges and clinical chemistry analyzers.
Product Definition:
Companion Animal Clinical Chemistry Analysis is the process of analyzing a pet's blood to check for abnormalities. This can help veterinarians diagnose and treat health problems in pets.
Clinical Chemistry Reagent Clips and Cartridges:
The clinical chemistry reagent clips and cartridges are used in the analysis of various body fluids, including urine, serum, plasma and other body fluids. Clinical chemistry analysis is a part of hematology where blood or serological samples are taken from an animal for the determination of chemical components.
Clinical Chemistry Analyzers:
The clinical chemistry analyzers market is expected to witness lucrative growth over the forecast period owing to increasing demand for point of care testing. The growing prevalence of zoonotic and chronic diseases in animals coupled with rising pet adoption rate has led to an increase in the number of companion animal owners, which is further expected to drive this market.
Application Insights:
The veterinary reference laboratories segment dominated the market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as presence of a large number of veterinarians, animal owners and researchers across the globe. Companion animals require frequent blood tests for monitoring their health conditions. Veterinary clinical chemistry analyzers provide ease in sample preparation, reduce labor costs by automating routine tasks, improve accuracy through computerization and ensure standardization through international standards compliant components & operations manual. These advantages are anticipated to drive demand over the forecast period thereby propelling growth of this segment during future years.
Regional Analysis:
North America held the largest revenue share in 2017. The growth is attributed to rising pet ownership, increasing R&D activities for the development of companion animal diagnostic kits, and high adoption of pets among middle-income age groups. Moreover, presence of well-established veterinary healthcare infrastructure and favorable reimbursement policies are also expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as growing economy and population along with rising disposable income that results into increased demand for veterinary health services leading towards higher companion animal disease prevalence rates. Furthermore, government initiatives encouraging pet adoption are also expected fuel regional market growth over the next eight years.
Growth Factors:
- Increasing demand for companion animals
- Rising awareness about the benefits of clinical chemistry analysis for companion animals
- Growing number of veterinary clinics and laboratories offering clinical chemistry analysis services for companion animals
- Technological advancements in clinical chemistry analyzers and kits that are helping to improve the accuracy and speed of results reporting
- Increased funding for research on new diagnostic tests and technologies for companion animal clinical chemistry analysis
Scope Of The Report
Report Attributes
Report Details
Report Title
Companion Animal Clinical Chemistry Analysis Market Research Report
By Type
Clinical Chemistry Reagent Clips and Cartridges, Clinical Chemistry Analyzers
By Application
Veterinary Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-care/In-house Testing, Research Institutes and Universities
By Companies
Zoetis, Neogen Corporation, Thermo Fisher Scientific, IDEXX Laboratories, Randox Laboratories, bioMérieux
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Companion Animal Clinical Chemistry Analysis Market Report Segments:
The global Companion Animal Clinical Chemistry Analysis market is segmented on the basis of:
Types
Clinical Chemistry Reagent Clips and Cartridges, Clinical Chemistry Analyzers
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
Veterinary Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-care/In-house Testing, Research Institutes and Universities
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:
- Zoetis
- Neogen Corporation
- Thermo Fisher Scientific
- IDEXX Laboratories
- Randox Laboratories
- bioMérieux
Highlights of The Companion Animal Clinical Chemistry Analysis 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:
- Clinical Chemistry Reagent Clips and Cartridges
- Clinical Chemistry Analyzers
- By Application:
- Veterinary Reference Laboratories
- Veterinary Hospitals and Clinics
- Point-of-care/In-house Testing
- Research Institutes and Universities
- 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 Companion Animal Clinical Chemistry Analysis 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?
Companion Animal Clinical Chemistry Analysis is a laboratory test that helps veterinarians diagnose and treat diseases in companion animals. The test measures the levels of certain chemicals in the animal's blood, urine, or saliva. This information can help veterinarians determine if the animal has an illness and which treatment is most appropriate.
Some of the major companies in the companion animal clinical chemistry analysis market are Zoetis, Neogen Corporation, Thermo Fisher Scientific, IDEXX Laboratories, Randox Laboratories, bioM©rieux.
The companion animal clinical chemistry analysis market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size & Forecast, 2018-2028
4.5.1 Companion Animal Clinical Chemistry Analysis Market Size and Y-o-Y Growth
4.5.2 Companion Animal Clinical Chemistry Analysis Market Absolute $ Opportunity
Chapter 5 Global Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
5.2.1 Clinical Chemistry Reagent Clips and Cartridges
5.2.2 Clinical Chemistry Analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
6.2.1 Veterinary Reference Laboratories
6.2.2 Veterinary Hospitals and Clinics
6.2.3 Point-of-care/In-house Testing
6.2.4 Research Institutes and Universities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Analysis and Forecast
9.1 Introduction
9.2 North America Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
9.6.1 Clinical Chemistry Reagent Clips and Cartridges
9.6.2 Clinical Chemistry Analyzers
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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
9.10.1 Veterinary Reference Laboratories
9.10.2 Veterinary Hospitals and Clinics
9.10.3 Point-of-care/In-house Testing
9.10.4 Research Institutes and Universities
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 Companion Animal Clinical Chemistry Analysis Analysis and Forecast
10.1 Introduction
10.2 Europe Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
10.6.1 Clinical Chemistry Reagent Clips and Cartridges
10.6.2 Clinical Chemistry Analyzers
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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
10.10.1 Veterinary Reference Laboratories
10.10.2 Veterinary Hospitals and Clinics
10.10.3 Point-of-care/In-house Testing
10.10.4 Research Institutes and Universities
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 Companion Animal Clinical Chemistry Analysis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
11.6.1 Clinical Chemistry Reagent Clips and Cartridges
11.6.2 Clinical Chemistry Analyzers
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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
11.10.1 Veterinary Reference Laboratories
11.10.2 Veterinary Hospitals and Clinics
11.10.3 Point-of-care/In-house Testing
11.10.4 Research Institutes and Universities
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 Companion Animal Clinical Chemistry Analysis Analysis and Forecast
12.1 Introduction
12.2 Latin America Companion Animal Clinical Chemistry Analysis 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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
12.6.1 Clinical Chemistry Reagent Clips and Cartridges
12.6.2 Clinical Chemistry Analyzers
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 Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
12.10.1 Veterinary Reference Laboratories
12.10.2 Veterinary Hospitals and Clinics
12.10.3 Point-of-care/In-house Testing
12.10.4 Research Institutes and Universities
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) Companion Animal Clinical Chemistry Analysis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Companion Animal Clinical Chemistry Analysis 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) Companion Animal Clinical Chemistry Analysis Market Size Forecast by Type
13.6.1 Clinical Chemistry Reagent Clips and Cartridges
13.6.2 Clinical Chemistry Analyzers
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) Companion Animal Clinical Chemistry Analysis Market Size Forecast by Applications
13.10.1 Veterinary Reference Laboratories
13.10.2 Veterinary Hospitals and Clinics
13.10.3 Point-of-care/In-house Testing
13.10.4 Research Institutes and Universities
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 Companion Animal Clinical Chemistry Analysis Market: Competitive Dashboard
14.2 Global Companion Animal Clinical Chemistry Analysis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoetis
14.3.2 Neogen Corporation
14.3.3 Thermo Fisher Scientific
14.3.4 IDEXX Laboratories
14.3.5 Randox Laboratories
14.3.6 bioMérieux
