Veterinary Antimicrobial Susceptibility Testing Market is anticipated to grow up to USD 59.4 billion by 2031

The global veterinary antimicrobial susceptibility testing market was valued at USD 28.6 billion in 2021 and it is anticipated to grow up to USD 59.4 billion by 2031, at a CAGR of 7.6% during the forecast period.

Veterinary antimicrobial susceptibility testing are simple and easy to perform. These tests are more accurate than others and can be performed at home. Veterinary rapid tests produce immediate results, allowing for immediate treatment. These tests do not require any expensive equipment, and people can learn how to perform them on their pets in a matter of hours. Veterinary antimicrobial susceptibility testing are used to conduct experiments that can control a factor that affects an animal's biological system or behavior. Its goal is to find a specific treatment for any disease.

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Market Trends and Drivers:

Global livestock population is rapidly increasing. Demand for livestock products is increasing in both developing and developed countries. This has raised concerns about livestock health. According to the United States Department of Agriculture's National Agricultural Statistics Service, the number of cattle and calves in the United States in January 2021 was 93,594,500, and the number of beef cows was 31,157,600. Because of rising urbanization, consumers are becoming more aware of the nutritional value of animal protein. There is also a growing demand for healthy, sustainable, and high-quality meat products, particularly those with few or no antibiotics. This, in turn, raises the demand for antimicrobial susceptibility testing (AST).

Market Restraints and Challenges:

One of the most significant disadvantages of traditional or manual veterinary antimicrobial susceptibility testing methods (such as agar dilution, chromogenic agar method, disc diffusion, and micro-broth dilution) is the time required to obtain results, which can range from 24 to 48 hours. Automated veterinary antimicrobial susceptibility testing systems deliver results faster, with greater accuracy, and with fewer chances of human error. However, due to their high cost, adoption of these systems in veterinary laboratories is limited, mainly in developing countries.

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COVID-19 Impact:

A worldwide emergency has been caused by the COVID-19 pandemic. This pandemic had a negligible impact on the veterinary antimicrobial susceptibility testing market. The COVID-19 pandemic may have reduced the need for antimicrobial susceptibility testing and the demand for related antimicrobial susceptibility testing products (consumables and instruments), as lockdowns reduced the number of vet visits and, thus, diagnostic testing. Hence, the demand for antimicrobial susceptibility testing products for animals was reduced by 8-10% by 2020.

Major Players in the Global Veterinary Antimicrobial Susceptibility Testing Market:

The key players in the market are BioMérieux SA (France), Thermo Fisher Scientific (US), Bruker Corporation (US), Danaher Corporation (US), Becton, Dickinson and Company (US), Synbiosis (UK), Liofilchem S.r.l. (Italy), HiMedia Laboratories (India), Bio-Rad Laboratories (US), Neogen Corporation (US), among others.

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