(EMAILWIRE.COM, January 19, 2019 ) [250 Pages Report] The Global Veterinary Chemistry Analyzer Market is estimated to grow at a CAGR of 8.7%, to reach USD 1,205.2 Million by 2022.

In this report, On the basis of products, the market is segmented into instruments (including chemistry analyzers, urine analyzers, glucometers, and blood gas & electrolyte analyzers) and consumables (including panels, kits, test strips, and reagents).

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The Veterinary Chemistry Analyzer Market is further segmented, on the basis of animal type, into companion animals and livestock. In 2016, the companion animal segment accounted for the largest share of the market. This segment is also expected to register the highest growth during the forecast period.

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The report also provides a detailed geographic analysis of the Veterinary Chemistry Analyzer Market covering developed and emerging economies. The developed market includes the U.S., Canada, Germany, the U.K., France, Italy, Spain, and Japan while the emerging market includes China, India, and Latin America. In 2016, the U.S. attributed the largest share of the developed market owing to its well-established animal healthcare systems.

The emerging market is expected to register the highest CAGR, owing to growing animal population, increasing demand for animal-derived food products, rising awareness about animal health and welfare, and growing per capita animal health expenditure, especially in Latin America, India, and China.

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