Veterinary Antimicrobial Susceptibility Testing Market Growth, Insights, Application, Revenue, And Types Analysis Report

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 sheds light on details about every market player in the global Veterinary Antimicrobial Susceptibility Testing Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.

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Competitive Terrain:

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.

The leading market contenders listed in the report are:

Thermo Fischer Scientific, BD, Bruker, Biomerieux, Danaher, Bio-Rad Laboratories, Inc., Neogen Corporation, HiMedia Laboratories, Mast Group Ltd., Bioguard Corporation

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Emergen Research has segmented the global Veterinary Antimicrobial Susceptibility Testing market on the basis of type, application, end-use, and region:

• 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 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)

Key Objectives of the Report:

• Analysis and estimation of the Veterinary Antimicrobial Susceptibility Testing Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Veterinary Antimicrobial Susceptibility Testing Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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