The global veterinary antimicrobial susceptibility testing market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period. The increasing pervasiveness of zoonotic diseases is one of the prime factors driving the market. The diseases and infections are generally transmitted between people and vertebrate animals that are divided into classes such as endemic zoonoses, epidemic zoonoses along with emerging and re-emerging zoonoses. This zoonotic disease is increasing due to growing traveling, increasing urbanization, changes made in demographics, encroachment of land along with changing human lifestyle.
Moreover, a supportive government initiative for veterinary antimicrobial susceptibility testing in emerging economies is one of the key factors that are creating opportunities in the market. New product launches in the market are likely to drive the growth of the global veterinary antimicrobial susceptibility testing market. For instance, in July 2021, one of the vitro diagnostics companies named Accelerate Diagnostics, Inc. that is considered to be providing solutions for the challenges of antibiotic resistance and sepsis had introduced in the US a new IVD configuration of its Accelerate PhenoTest BC kit. Through the new configuration, the results related to antimicrobial susceptibility testing (AST) are provided fast in around 7 hours.
The key players operating in the global veterinary antimicrobial susceptibility testing market had been adopting strategies such as new agreements to gain major market share. For instance, in February 2020, Becton, Dickinson, and Co. had done contract with the Fleming Fund, a U.K. aid program for around $6 million in order to support the low-and middle-income countries across the globe to tackle antimicrobial resistance (AMR).
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product Type
- By Animal Type
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- bioMérieux SA, Thermo Fisher Scientific Inc., Bruker, Bio-Rad Laboratories, Inc., and Becton, Dickinson and Co.
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Veterinary Antimicrobial Susceptibility Testing Market Segmentation
By Product Type
- Disks and Plates
- Culture Media
- Accessories & Consumables
- Automated AST Instruments
By Animal Type
- Food-producing Animals (Cattle, Pigs, Other)
- Companion Animals (Dogs, Cats, Other)
By End-User
- Veterinary Reference Laboratories
- Veterinary Research Institutes and Universities.
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Accelerate Diagnostics, Inc.
- ACTTiVAte
- Alifax S.r.l
- Becton, Dickinson and Co.
- Bioguard Corp.
- bioMérieux SA
- Bio-Rad Laboratories, Inc.
- Bruker
- CONDALAB
- FASTinov
- HiMedia Laboratories
- Liofilchem S.r.l.
- Mast Group Ltd.
- MERLIN Diagnostika GmbH
- NEOGEN Corp.
- SSI Diagnostica A/S
- Synbiosis
- Thermo Fisher Scientific Inc.
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