Veterinary Antimicrobial Susceptibility Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

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Veterinary Antimicrobial Susceptibility Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

Status : June, 2021 | Medical Devices

Report Digest

Veterinary Antimicrobial Susceptibility Testing Market: Overview

The drive for monitoring antimicrobial resistance in agricultural settings by public health policy makers in various countries is a key trend in the expansion of the veterinary antimicrobial susceptibility testing market. Antimicrobial susceptibility testing (AST) is a key diagnostic approach used by veterinary practitioners in identifying most suitable treatments for bacterial infections. Developed nations have seen established guidelines for antimicrobial susceptibility testing. Some of the key livestock or animals where veterinary AST have become popular are dogs, cats, horses, cattle, pigs, and poultry. These testing technologies and methods are used by veterinary reference labs and universities. Key methods used include the disk diffusion technique and the broth dilution technique. Identifying the infecting pathogen and the possible choices of antibiotics are key to shaping the protocols in the veterinary antimicrobial susceptibility testing market.

The study presents a detailed assessment of key growth dynamics and emerging avenues in key consumer segments. The research authors strive to offer an in-depth, data-driven insights into new consumer propositions and the prevailing regulations in key regions.

Veterinary Antimicrobial Susceptibility Testing Market: Key Trends

The veterinary antimicrobial susceptibility testing market is driven by several health imperatives. The rise in awareness about health of companion animals and livestock is one of the key imperatives for identifying the bacterial infections and treating them. Another key driver for adopting veterinary AST is mounting concern of antibiotic resistance to animals and human health worldwide. The prevalence of zoonotic diseases is another factor propelling the use of AST in helping medical practitioners identify the right choice of dosage of antibiotics and whether they are at all needed. The veterinary AST market has made strides on the back of the advances in the lab infrastructure. The focus on standardized methodologies for future national surveillance programs is a key factor that has set the tone for product advancements. This might way to commercialization of automated veterinary AST systems for emerging and developing economies.

The growing threat of life-threatening illnesses and recurrent, chronic infections in livestock has spurred the market prospects of veterinary antimicrobial susceptibility testing methods. Increasing efforts of government and regulatory bodies to raise awareness about antimicrobial stewardship programs is a key trend. Advances in culture media and accessories and consumables.

Veterinary Antimicrobial Susceptibility Testing Market: Competitive Dynamics and Key Developments

Some of the key players in the market are

  • Thermo Fisher Scientific
  • SSI Diagnostica A/S
  • Bioguard Corporation
  • Hardy Diagnostics
  • FASTinov
  • Condalab
  • Mast Group Ltd
  • Neogen Corporation
  • Bio-Rad Laboratories
  • HiMedia Laboratories
  • Liofilchem S.r.l.
  • Synbiosis
  • Becton, Dickinson and Company
  • Danaher Corporation

A growing number of companies developing veterinary AST are leaning on expanding their bacterial susceptibility profiles possible with their test methods. They are keen on complying with the latest guidelines. Some of the prominent companies in the veterinary AST market are bringing constant technological advancements in broth microdilution. A few aspiring players are adopting novel microfluidics to disrupt the marketspace.

Veterinary Antimicrobial Susceptibility Testing Market: Regional Assessment

On the regional front, North America and Asia Pacific can be considered lucrative markets. The North America veterinary AST has thrived on the back of the presence of a well-established lab infrastructure for AST. Asian countries are witnessing rise in demands from the  presence of a strong livestock markets. Some of the other promising regional markets are the Middle East, and Latin America. These are also considered largely untapped.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?