Market Definition
The veterinary antimicrobial susceptibility testing market involves the diagnostic processes and tools used to determine the effectiveness of antimicrobial agents against pathogens affecting animals. This market includes a range of testing methods and products designed to evaluate bacterial resistance and susceptibility to antibiotics in veterinary medicine. Such tests are critical for ensuring appropriate treatment of infections in animals and for combating antimicrobial resistance.
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Market Outlook
The veterinary antimicrobial susceptibility testing market is experiencing growth due to increasing awareness of antimicrobial resistance (AMR) and its impact on animal health. The rise in bacterial infections and the need for effective treatment solutions are driving demand for precise and reliable susceptibility testing.
Key factors contributing to market growth include the increasing prevalence of infectious diseases in animals and the growing need for responsible antimicrobial use in veterinary practice. The rising incidence of multi-drug-resistant (MDR) pathogens and the regulatory emphasis on antimicrobial stewardship are also influencing the demand for susceptibility testing.
Advancements in diagnostic technologies and the development of rapid, high-throughput testing methods are further fueling market growth. Innovations such as molecular diagnostic techniques and automated susceptibility testing systems are enhancing the accuracy and efficiency of testing processes.
Challenges such as the high cost of advanced diagnostic tools, the complexity of testing procedures, and the need for specialized expertise may impact market growth. Additionally, variations in regulatory standards and the availability of testing resources across different regions can pose hurdles for market expansion.
Despite these challenges, the market is expected to grow due to the increasing focus on improving animal health, advancements in testing technologies, and the ongoing efforts to address antimicrobial resistance. The development of new testing methodologies and the integration of susceptibility testing into routine veterinary practice are likely to drive further growth in the veterinary antimicrobial susceptibility testing market.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The report analyses the Global X-ray detectors market based on product, animal type, end-use, and region.
Global Veterinary Antimicrobial Susceptibility Testing Market by Product
Based on product, it is segmented into the disks & plates, culture media, accessories & consumables, and automated AST instruments. Among these the automated AST instrument segment is likely to account for the significant market share during the forecast period. The key factors attributing the growth of the market is the increased adoption of these instruments, as well as their higher cost in comparison to other methods. Furthermore, these instruments have reduced turnaround and identification times, which is propelling growth. The instruments use advanced computer software to interpret susceptibility patterns for each organism and provide error-free results. Hence, the aforementioned factors will fuel segmental growth over the forecast period.
Global Veterinary Antimicrobial Susceptibility Testing Market by Animal Type
Based on animal type, it is segmented into livestock animals and companion animals. The companion animal segment is likely to dominate the market during the forecast period. The largest share of the segment is attributed to the growing number of pet owners is driving the demand for companion animal vaccinations. According to the Pet Food Manufacturers Association, 41 percent of households in the United Kingdom will own a pet by 2020, accounting for 12 million pets. According to the Canadian Veterinary Medical Association, there will be 8.1 million households with cats and 7.7 million households with dogs in 2020. Amoxicillin-clavulanate is the most commonly used antimicrobial in companion animals. Resistance transmission from cats and dogs to humans is increasing at an alarming rate, driving up demand for antimicrobial susceptibility testing.
Global Veterinary Antimicrobial Susceptibility Testing Market by End-use
Based on end-use, it is segmented into veterinary reference lab, veterinary research institutes and others. The veterinary research institute segment is likely to dominate the market during the forecast period. The increasing adoption of pet animals along with rising healthcare spending on pets are factors fueling the growth of research institutes and universities. Furthermore, research institutes play a major role in the usage and development of these tests. The main functions taken care of by these research institutes include identification, deployment, and development of novel diagnostic techniques or procedures for research and monitoring purposes of newly emerging or existing diseases in animals and reduce the over-usage of antibiotics. Hence, aforementioned factors fuel the segmental as well as market growth.
Major Players
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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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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