Emergen Research has recently added a new report titled Global Veterinary Antimicrobial Susceptibility Testing Market that provides an extensive analysis of the Veterinary Antimicrobial Susceptibility Testing market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends , recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Veterinary Antimicrobial Susceptibility Testing market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
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.
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Rapid technological advancements and economic growth are key factors expected to drive market growth over the forecast period. The report further provides a comprehensive analysis of the competitive landscape and provides a complete coverage with regards to company's profiles, product portfolio, revenue generation, financial standing and market position.
Top Companies Operating in the Veterinary Antimicrobial Susceptibility Testing Market 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
It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements are expected to add traction to market growth going forward. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
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Regional analysis of the Veterinary Antimicrobial Susceptibility Testing market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.
Radical Highlights of the Veterinary Antimicrobial Susceptibility Testing Market Report:
- Comprehensive overview of the Veterinary Antimicrobial Susceptibility Testing market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Veterinary Antimicrobial Susceptibility Testing market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis
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Market Segmentations of the Veterinary Antimicrobial Susceptibility Testing Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate estimates related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Veterinary Antimicrobial Susceptibility Testing market on the basis of product, application, and region:
Segments Covered in this report are:
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-Uses
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