Key Trends and Insights into the Veterinary Antimicrobial Susceptibility Testing Market: Growth Rate and Opportunities to 2034
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Future CAGR is Anticipated for the Veterinary Antimicrobial Susceptibility Testing Market Over the 2025–2034 Period?
In recent times, the size of the veterinary antimicrobial susceptibility testing market has witnessed robust growth. The forecast suggests it will expand from $37.12 billion in 2024 to $39.71 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to the growth during the historic period include environmental factors, the rise in demand for precision medicine, the one health approach, increased consumer awareness, and the expansion of companion animal healthcare.
It is projected that the market size for veterinary antimicrobial susceptibility testing will experience considerable growth in the coming years. The market is projected to expand to $53.96 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.0%. Various factors facilitating growth in the predicted period include mitigating antibiotic resistance, complying with regulatory requirements, the influence of worldwide health events, and increasing pet adoption. Noteworthy trends for the forecast period include inventive solutions, a focus on regulatory practices, management of zoonotic diseases, and standards in the livestock industry.
What Industry-Specific Factors Are Fueling the Growth of the veterinary antimicrobial susceptibility testing Market?
The growth of the veterinary antimicrobial susceptibility testing market is predicted to be driven by the increasing occurrence of zoonotic diseases. A zoonotic disease is an infectious disease that can be transmitted from one species to another, including from humans to animals or vice versa. Due to this increased incidence, there is a growing need to determine the most effective medication for animals. Veterinary antimicrobial susceptibility testing is beneficial for selecting the most effective drug to treat bacterial infections in animals, examined through various factors such as previous treatments. As an example, an article published by a US-based government agency in July 2022, reported by the World Health Organization, highlighted a 64% surge in zoonotic cases in Africa. Moreover, the incidence of zoonotic diseases is escalating globally and notably in India. These newly emerging infectious diseases among humans represent 60% of cases, with 816 zoonotic pathogens recorded out of 1407 human pathogens. Consequently, the rise in prevalence of zoonotic diseases is fuelling the expansion of the veterinary antimicrobial susceptibility testing market.
Request Your Free Veterinary Antimicrobial Susceptibility Testing Market Report Sample Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8177&type=smp
Who Are the Influential Players Fueling Innovation and Growth in the Veterinary Antimicrobial Susceptibility Testing Market?
Major companies operating in the veterinary antimicrobial susceptibility testing market are:
• BioMérieux SA_x000D_
• Becton_x000D_
• Dickinson and Company_x000D_
• Bio-Rad Laboratories_x000D_
• Bruker Corporation_x000D_
What Impact Are Industry Trends Having on the Veterinary Antimicrobial Susceptibility Testing Market’s Future Prospects?
The rise of technology is a notable trend in the veterinary antimicrobial susceptibility testing market, with major industry players focusing their efforts on new technological innovations to maintain a competitive edge. The market is currently experiencing a surge in the use of progressive imaging techniques and algorithms to produce more precise, reliable, and speedy veterinary AST. As an illustration, in March 2022, the French biotechnology firm bioMérieux obtained FDA 510(k) approval for its updated VITEK MS PRIME, a MALDI- TOF1 type mass spectrometry identification system. Following FDA 510(k) clearance, the system is now available for commercial use in countries where CE-marking is recognized, as well as in the United States. This system offers rapid and precise pathogen identification, paving the way for faster and more specific antimicrobial treatments.
Pre-order Your Report for Quick and Easy Delivery!
Which Growth-Oriented Segments of the Veterinary Antimicrobial Susceptibility Testing Market Are Leading the Industry’s Development?
The veterinary antimicrobial susceptibility testing market covered in this report is segmented –
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
Subsegments:
1) By Disks And Plates: Antibiotic Disks, Agar Plates
2) By Culture Media: Selective Culture Media, General Purpose Media
3) By Accessories And Consumables: Incubators, Sterilization Equipment, Pipettes And Reagents
4) By Automated AST (Antimicrobial Susceptibility Test) Instruments: Fully Automated Systems, Semi-Automated Systems
What Regions Are Leading the Growth Trajectory of the Veterinary Antimicrobial Susceptibility Testing Market?
North America was the largest region in the veterinary antimicrobial susceptibility testing market in 2024. The regions covered in the veterinary antimicrobial susceptibility testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Defining Aspects of the Veterinary Antimicrobial Susceptibility Testing Market Landscape?
Veterinary antimicrobial susceptibility testing refers to a critical tool for the veterinarian in choosing the best drug to treat bacterial infections in animals. Veterinary antimicrobial susceptibility testing is used to provide a treatment history, including any previously used specific antibiotics as well as any clinical background that might have an impact on the patient’s typical bacterial flora.
Browse Through More Similar Reports By The Business Research Company:
Veterinary Laboratory Testing Services Global Market Report 2024
Antimicrobial Medical Device Coatings Global Market Report 2024
Veterinary Patient Monitoring Equipment Global Market Report 2024
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: