Market News
Recent Developments:
New product launches:
- In March 2022, Heska Corporation, a leading global provider of advanced veterinary diagnostic and specialty solutions launched the Element POC Blood Glucose Meter for cats and dogs. The portable, Bluetooth-connected meter provides accurate glucose readings in 5 seconds.
- In January 2021, Zoetis, leading animal health company received U.S. FDA approval for Clarity Dx, its new glucose monitoring system for dogs and cats with diabetes. It helps simplify glucose curve management and insulin dose optimization.
- In May 2020, Woodley Equipment Company, a leading supplier of laboratory equipment, diagnostic and critical care products, introduced VetGluco, a veterinary-specific blood glucose monitoring system for small and large animals. It features proprietary algorithm settings for accurate results.
Acquisition and partnerships:
- In January 2022, Heska Corporation, a leading global provider of advanced veterinary diagnostic and specialty solutionsacquired Lacuna Diagnostics, a point-of-care diagnostics company, to expand its glucose monitoring offerings
- In November 2020, URIT Medical Electronic Co., a medical diagnostic equipment manufacturer, partnered with Biogal Galed Labs, a veterinary diagnostic equipment company to distribute its GlucoPET blood glucose monitoring system in Israel.