The Global Veterinary Antimicrobial Susceptibility Testing Market Report, published by Emergen Research, offers an industry-wide assessment of the Veterinary Antimicrobial Susceptibility Testing Market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2023-2032.
The global veterinary antimicrobial susceptibility testing market size is expected to reach USD 190.7 Million in 2032 and register a steady revenue CAGR of 6.1% during the forecast period. Growing prevalence of zoonotic diseases can be attributed to the steady revenue growth of the veterinary antimicrobial susceptibility testing market. Globally, it is estimated that zoonoses cause about a billion cases of disease and millions of fatalities each year. Zoonoses account for over 60% of new infectious illnesses that are reported globally.
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In the past three decades, more than 30 novel human infections have been discovered, 75% of which have animal origins. The Eastern Mediterranean Region of the World Health Organization (WHO) is facing an increasing public health hazard from emerging zoonoses. Emerging zoonotic illnesses have been documented during the past 20 years in 18 of the region's 22 countries, frequently with explosive outbreaks and high deaths unheard of in any other WHO region. The recent advent of MERS-CoV is an example of how these illnesses are unpredictable to develop as they come from animals.
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Veterinary Antimicrobial Susceptibility Testing industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
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Emergen Research has segmented the global veterinary antimicrobial susceptibility testing market on the basis of product, animal type, end-use, and region:
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Product Outlook (Revenue, USD Million; 2019–2032)
- Disks & Plates
- Culture Media
- Accessories & Consumables
- Automated AST Instruments
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Animal Type Outlook (Revenue, USD Million; 2019–2032)
- Food-Producing Animals
- Companion Animals
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End-Use Outlook (Revenue, USD Million; 2019–2032)
- Veterinary Reference Laboratories
- Veterinary Research Institutes & Universities
- Other End-Use
Competitive Outlook:
The global Veterinary Antimicrobial Susceptibility Testing market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Veterinary Antimicrobial Susceptibility Testing market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Thermo Fischer Scientific, BD, Bruker, Biomerieux, Danaher, Bio-Rad Laboratories, Inc., Neogen Corporation, HiMedia Laboratories, Mast Group Ltd., Bioguard Corporation.
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Veterinary Antimicrobial Susceptibility Testing Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Table of Contents:
Chapter 1 includes an introduction of the global Veterinary Antimicrobial Susceptibility Testing market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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