Global Veterinary Antimicrobial Susceptibility Testing Market research report delivers a comprehensive analysis of the market outlook, regulatory framework, and macro- and micro-economic factors influencing the growth of the market. The report is formulated through extensive research and surveys to offer accurate and authentic information about the market size, market share, product portfolio, revenue generation, and projected market growth. The report offers key insights into the competitive and regional landscape of the market to assist the stakeholders and investors in formulating strategic business plans.
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, according to the latest analysis by Emergen Research. 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. 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 report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Key Points of Veterinary Antimicrobial Susceptibility Testing Market:
- Extensive coverage of the analysis of the Veterinary Antimicrobial Susceptibility Testing market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Veterinary Antimicrobial Susceptibility Testing market
- Complete data about the key manufacturers and vendors in the Veterinary Antimicrobial Susceptibility Testing market
The report sheds light on the region expected to dominate the Veterinary Antimicrobial Susceptibility Testing market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Veterinary Antimicrobial Susceptibility Testing market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Leading Companies of the Veterinary Antimicrobial Susceptibility Testing Industry and Profiled in the Report are:
Thermo Fischer Scientific, BD, Bruker, Biomerieux, Danaher, Bio-Rad Laboratories, Inc., Neogen Corporation, HiMedia Laboratories, Mast Group Ltd., Bioguard Corporation
The global Veterinary Antimicrobial Susceptibility Testing market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Veterinary Antimicrobial Susceptibility Testing market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Veterinary Antimicrobial Susceptibility Testing market.
- Product Outlook (Revenue, USD Million; 2019–2032)
- Disks & Plates
- Culture Media
- Accessories & Consumables
- Automated AST Instruments
- Animal Type Outlook (Revenue, USD Million; 2019–2032)
- Food-Producing Animals
- Companion Animals
- End-Use Outlook (Revenue, USD Million; 2019–2032)
- Veterinary Reference Laboratories
- Veterinary Research Institutes & Universities
- Other End-Use
The report, additionally, presents a comprehensive analysis of the key elements of the Veterinary Antimicrobial Susceptibility Testing market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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