Financial research concept

Veterinary Diagnostics Premium Instrument Installed Base

measures the number of premium veterinary diagnostic analyzers installed at customer locations and available to drive recurring consumable demand.

By Lee BaileyPublished Sep 30, 2026
Research context

See what supports this page, how current it is, and where comparable or historical context is available.

Research date
Sep 30, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context
10 connected conceptsPart of the reviewed Veterinary Diagnostics Economics; issuer definitions remain distinct where disclosed.
Company examples
1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Veterinary diagnostics premium instrument installed base measures the number of premium diagnostic analyzers installed at veterinary customer locations.

At year-end 2025, IDEXX reported installed bases of about 78,000 Catalyst, 56,000 premium hematology, 24,000 SediVue Dx, and 6,000 inVue Dx instruments.

Installed base is the foundation for recurring consumables

A larger installed base creates more opportunities for practices to run diagnostic tests and purchase consumables over multiple years.

IDEXX reported that its premium instrument installed base grew 11% year over year in the second quarter of 2026.

Installed units are not the same as utilization

A placed analyzer only creates economic value when clinics use it.

Read installed base with VetLab consumables revenue and diagnostics revenue per practice growth.

Primary sources: IDEXX 2025 Form 10-K and IDEXX Q2 2026 Form 10-Q.

Part of the Veterinary Diagnostics Economics

Connects veterinary clinic traffic, diagnostics monetization, recurring diagnostic revenue, laboratory and consumables channels, installed instruments, customer retention, and software workflow adoption.

Browse the full operating model in Company Analysis →
Where this concept fits

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

Continue Research

Continue from the concept into the Grizzly Bulls research surface that best matches the next question. These links are research continuations, not recommendations or required steps.

Compare stocks

Compare diagnostic instrument installed bases

Compare premium analyzer installed bases while preserving instrument families, geography, and issuer definitions.

Explore more topics in the Financial Research Encyclopedia.