PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567165
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567165
Veterinary Blood Lactate Test Meter Equipment Market, By Product Type, By Sample Type, By Animal Type, By End-User, By Geography
The Global Veterinary Blood Lactate Test Meter Equipment Market is estimated to be valued at USD 140.10 Mn in 2024 and is expected to reach USD 201.05 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 140.10 Mn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.30% | 2031 Value Projection: | US$ 201.05 Mn |
The introduction of veterinary blood lactate test meters provides portable and on-site monitoring of veterinary patient lactate levels. As animal health and welfare continues to be a priority, lactate testing allows veterinarians to quickly identify metabolic issues and deliver timely treatment. Point-of-care lactate meters offer accuracy and convenience compared to sending samples to an external lab. Their ease of use enables veterinarians and technicians to incorporate lactate assessment into routine exams and emergency situations. Understanding lactate changes aids clinical decision making and improves veterinary care quality.
(Market Dynamics):
The global veterinary blood lactate test meter equipment market is driven by rising pet adoption rates in developed economies and increased focus on companion animal health. Growing ownership of horses and farm animals also supports market growth. However, high instrument costs and lack of veterinary lactate testing awareness in developing nations hinders broader market expansion. Key opportunities include educating veterinarians on lactate's diagnostic value and developing affordable meters for resource-constrained settings.
(Key features of the study):
This report provides in-depth analysis of the global veterinary blood lactate test meter equipment market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global veterinary blood lactate test meter equipment market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include SNIBE Diagnostics, Woodley Equipment Company, TaiDoc Technology Corporation, and Clinicianix
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global veterinary blood lactate test meter equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation:
- By Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Handheld Lactate Test Meters
- Benchtop Lactate Test Meters
- Portable Lactate Test Meters
- By Sample Type Insights (Revenue, USD Mn, 2019 - 2031)
- Whole Blood
- Plasma
- Serum
- By Animal Type Insights (Revenue, USD Mn, 2019 - 2031)
- Companion Animals
- Livestock Animals
- Exotic Animals
- By End user Insights (Revenue, USD Mn, 2019 - 2031)
- Veterinary Hospitals
- Veterinary Clinics
- Research Laboratories
- Diagnostic Laboratories
- By Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Woodley Equipment
- EKF Diagnostics
- VETMAX
- Nova Biomedical
- Abaxis
- Heska Corporation
- IDEXX Laboratories
- Randox Laboratories
- Zoetis
- Scil Animal Care Company
- ARKRAY, Inc.
- DVMetrics
- Boehringer Ingelheim
- Thermo Fisher Scientific
- MediLynx
- BioCare Copenhagen
- Medtronic
- VetLab
- Quicklab Services
- VetTest
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Veterinary Blood Lactate Test Meter Equipment Market, By Product Type
- Global Veterinary Blood Lactate Test Meter Equipment Market, By Sample Type
- Global Veterinary Blood Lactate Test Meter Equipment Market, By Animal Type
- Global Veterinary Blood Lactate Test Meter Equipment Market, By End User
- Global Veterinary Blood Lactate Test Meter Equipment Market, By Region
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Veterinary Blood Lactate Test Meter Equipment Market, By Product Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Handheld Lactate Test Meters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Benchtop Lactate Test Meters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Portable Lactate Test Meters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
5. Global Veterinary Blood Lactate Test Meter Equipment Market, By Sample Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Whole Blood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Plasma
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Serum
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
6. Global Veterinary Blood Lactate Test Meter Equipment Market, By Animal Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Companion Animals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Livestock Animals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Exotic Animals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
7. Global Veterinary Blood Lactate Test Meter Equipment Market, By End-User, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Veterinary Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Veterinary Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Research Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Diagnostic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
8. Global Veterinary Blood Lactate Test Meter Equipment Market, By Region, 2019 - 2031, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Sample Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Animal Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End-User, 2019 - 2031, Value (USD Mn)
- South Africa
- North Africa
- Central Africa
9. COMPETITIVE LANDSCAPE
- Woodley Equipment
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- EKF Diagnostics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- VETMAX
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nova Biomedical
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Abaxis
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Heska Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- IDEXX Laboratories
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Randox Laboratories
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zoetis
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Scil Animal Care Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- ARKRAY, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- DVMetrics
- Boehringer Ingelheim
- Thermo Fisher Scientific
- MediLynx
- BioCare Copenhagen
- Medtronic
- VetLab
- Quicklab Services
- VetTest
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. References and Research Methodology
- References
- Research Methodology
- About us
