The latest market intelligence report, titled ‘Global Veterinary Antimicrobial Susceptibility Testing Market’, is intended to provide the target audience with the necessary information about the global Veterinary Antimicrobial Susceptibility Testing Market industry. The report comprises a detailed analysis of the vital elements of the Veterinary Antimicrobial Susceptibility Testing Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Veterinary Antimicrobial Susceptibility Testing Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
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.
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Zoonoses account for over 60% of new infectious illnesses that are reported globally. 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.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Veterinary Antimicrobial Susceptibility Testing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Some major companies in the global veterinary antimicrobial susceptibility testing market report 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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Market Overview:
The report bifurcates the Veterinary Antimicrobial Susceptibility Testing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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
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Regional Landscape section of the Veterinary Antimicrobial Susceptibility Testing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report addresses the following key points:
The report estimates the expected market size from 2022-2032
The report provides a forecast of market drivers, restraints, and future opportunities for the Veterinary Antimicrobial Susceptibility Testing market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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