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Veterinary Antimicrobial Susceptibility Testing Market Analysis With Key Players, Applications, Trends And Forecast To 2032
Veterinary Antimicrobial Susceptibility Testing Market
Veterinary Antimicrobial Susceptibility Testing Market Size, Growth Rate, And Forecast
The global veterinary antimicrobial susceptibility testing market size is expected to grow from $32.38 billion in 2022 to $35.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The veterinary antimicrobial susceptibility testing market is expected to grow to $45.90 billion in 2027 at a CAGR of 7%.
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Veterinary Antimicrobial Susceptibility Testing Market Drivers
The rising prevalence of zoonotic diseases is expected to propel the growth of the veterinary antimicrobial susceptibility testing market going forward. Zoonotic disease refers to a contagious illness that can spread from one species of animal to another, including from humans to animals (or from humans to humans). The rising prevalence of zoonotic diseases will create a need to test and determine the best animal medication. Veterinary antimicrobial susceptibility testing aids in choosing the best drug to treat bacterial infections in animals by checking treatment history and others.
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Veterinary Antimicrobial Susceptibility Testing Market Segments
1) By Product Type: Disks And Plates, Culture Media, Accessories And Consumables, Automated AST (Antimicrobial Susceptibility Test) Instruments
2) By Animal Type: Livestock Animals, Companion Animals
3) By End-Use: Veterinary Reference Lab, Veterinary Research Institutes, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Veterinary Antimicrobial Susceptibility Testing Market.
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Veterinary Antimicrobial Susceptibility Testing Market Key Players
Major competitors in the Veterinary Antimicrobial Susceptibility Testing Market include BioMérieux SA, Becton Dickinson and Company, Synbiosis, Thermo Fisher Scientific, Bruker Corporation, Condalab, Bioguard Corporation, Liofilchem Srl, HiMedia Laboratories, Bio-Rad Laboratories, Neogen Corporation, Hardy Diagnostics, SSI Diagnostica A/S, FASTinov, and Mast Group Ltd
The Business Research Company's "Global Veterinary Antimicrobial Susceptibility Testing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Veterinary Antimicrobial Susceptibility Testing Market Include:
1. Executive Summary
2. Veterinary Antimicrobial Susceptibility Testing Market Characteristics
3. Veterinary Antimicrobial Susceptibility Testing Market Trends And Strategies
4. Veterinary Antimicrobial Susceptibility Testing Market - Macro Economic Scenario
5. Veterinary Antimicrobial Susceptibility Testing Market Size And Growth
.....
26. Africa Veterinary Antimicrobial Susceptibility Testing Market
27. Veterinary Antimicrobial Susceptibility Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Veterinary Antimicrobial Susceptibility Testing Market
29. Veterinary Antimicrobial Susceptibility Testing Market Future Outlook and Potential Analysis
30. Appendix
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