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According to The Business Research Company’s report for 2023, the worldwide market for veterinary antimicrobial susceptibility testing is projected to increase from $32.38 billion in 2022 to $35.01 billion in 2023, registering an 8.1% compound annual growth rate (CAGR). Furthermore, the market is anticipated to reach $45.90 billion by 2027, with a CAGR of 7.0%.

What was the major driver in the veterinary antimicrobial susceptibility testing market?
The veterinary antimicrobial susceptibility testing market is set to grow due to the rise in the incidence of zoonotic diseases. Zoonotic diseases can spread between species, including humans and animals. This trend creates a demand for testing and selecting the most effective animal treatments. Veterinary antimicrobial susceptibility testing aids in choosing the right medication for bacterial infections by considering treatment history and more. For instance, in July 2022, the World Health Organization, a US government agency, reported a 64% increase in zoonotic cases in Africa. Globally and in India, zoonotic diseases are on the rise, constituting 60% of human cases, with 816 zoonotic pathogens out of 1407 human pathogens. Hence, the growing prevalence of zoonotic diseases drives the veterinary antimicrobial susceptibility testing market’s growth.

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What was the key trend in the veterinary antimicrobial susceptibility testing market?
Technological advancements are becoming a prominent trend in the veterinary antimicrobial susceptibility testing market. Leading companies in the veterinary sector are dedicated to innovating new technologies to maintain their market position. Recently, advanced imaging techniques and algorithms have been introduced to enhance the accuracy, reliability, and speed of veterinary AST (antimicrobial susceptibility testing). For instance, in October 2021, Thermo Fisher Scientific, a US-based science and technology company, in collaboration with Q-linea, introduced the ASTar System, a rapid antimicrobial susceptibility testing (rAST) system. The fully automated ASTar System utilizes imaging techniques and algorithms to monitor bacterial growth, eliminating the need for subculture, which can add an extra one to two days to the process.

Which was the largest region in the veterinary antimicrobial susceptibility testing market?
North America was the largest region in the veterinary antimicrobial susceptibility testing market in 2022. The regions covered in the veterinary antimicrobial susceptibility testing market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the veterinary antimicrobial susceptibility testing market prominent players?
Major players in the veterinary antimicrobial susceptibility testing market are 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.

Key veterinary antimicrobial susceptibility testing market segments
The global veterinary antimicrobial susceptibility testing market 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

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The Veterinary Antimicrobial Susceptibility Testing Global Market Report 2023  provides a comprehensive overview on the veterinary antimicrobial susceptibility testing market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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