Veterinary glucometers enables one to measure the glucose content in the blood of animals. Veterinary glucometers are used in research to study obesity and diabetes in companion animals. Veterinary glucometers easily use portable devices that can be easily handheld by veterinary physicians and are suitable for use by diabetic pet owners. Veterinary glucometers generally work through auto code technology and biosensors. These devices are simple to use, be it on the field or at home. Veterinary glucometers can estimate and report the blood glucose level of companion animals in a short period ranging from 8-10 seconds. Veterinary glucometers efficiency and effectiveness has been tested on various animals over the past, such as in dogs, cats, deer, sheep, cattle, horses, birds, alpacas, ferrets, and rabbits.
MARKET DYNAMICS
The veterinary glucometers market has shown a significant evolution over the forecast period. The rise of the veterinary glucometers market is driven by the rising trend of companion animal adoption for safety, companionship, and a healthy heart. The increasing geriatric population adopting companion animals and treating them like family is anticipated to expand the veterinary glucometer market during the forecast period. According to American Pet Products Association (APPA), 67% percent of United States households own a pet, and estimated that 78 million dogs and 85.8 million cats are owned in the United States. Moreover, an increase in awareness toward animal health offers a lucrative opportunity for the veterinary medicine market. Furthermore, factors such as a surge in prevalence of diabetes in animals and a rise in demand for livestock products also boost the veterinary medicine market growth. However, the lack of veterinary infrastructure facilities in underdeveloped nations restricts veterinary medicine market growth.
MARKET SCOPE
The "Veterinary Glucometers Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the veterinary glucometers market with detailed market segmentation by type, application, and end-user. The veterinary glucometers market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the veterinary glucometers market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the type, application, and end user. Based on the type, the market is segmented as venous, subcutaneous, and capillary. Based on the application, the segmentation of the market is into dogs, cats, and others. Based on end user, the segmentation of the market is into veterinary hospitals, veterinary clinics, homecare settings, and animal research institutes.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the veterinary glucometers market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The veterinary glucometers market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the veterinary glucometers market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the Veterinary glucometers market in these regions.
MARKET PLAYERS
The report contains critical developments in the veterinary glucometers market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the veterinary glucometers market are estimated to have profitable growth opportunities in the coming years with the higher demand for veterinary glucometers in the global market. Given below is the list of a few companies engaged in the veterinary glucometers market.
The report also offers key players' profiles in the veterinary glucometers market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
-Zoetis
-Teco Diagnostics.
-Nova Biomedical
-Wellion (MED TRUST)
-Woodley Equipment Company Ltd
-Data Sciences International.
-i-SENS, Inc.
-Biotest Medical Corp.
-UltiMed, Inc.
-CERAGEM Medisys
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.