Global Veterinary Antimicrobial Susceptibility Testing Market Trends
Veterinary Healthcare

Veterinary Antimicrobial Susceptibility Testing Global Market Outlook 2024-2033: Size And Growth Rate Analysis

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The veterinary antimicrobial susceptibility testing market has experienced robust growth in recent years, driven by various factors such as environmental concerns, precision medicine demand, and the one health approach. With a promising trajectory, the market is set to witness significant expansion in the coming years.

Rising Zoonotic Disease Prevalence Spurs Market Growth:

  • Zoonotic diseases, which can spread from animals to humans and vice versa, are becoming increasingly prevalent worldwide.
  • The surge in zoonotic cases, particularly in regions like Africa and India, underscores the need for effective veterinary antimicrobial susceptibility testing.
  • Major players like BioMérieux SA, Bio-Rad Laboratories, and Thermo Fisher Scientific Inc. are actively contributing to this market segment.

Technological Advancements Reshape Antimicrobial Susceptibility Testing:

  • Innovations in technology play a pivotal role in driving advancements in veterinary antimicrobial susceptibility testing.
  • Cutting-edge imaging techniques and algorithms are enhancing the accuracy and efficiency of testing procedures.
  • Thermo Fisher Scientific’s ASTar System, launched in October 2021, exemplifies the integration of advanced technology for rapid antimicrobial susceptibility testing.

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BioMérieux’s Strategic Acquisition Strengthens Market Position:

  • BioMérieux’s acquisition of Specific Diagnostics in May 2022 underscores its commitment to combating antimicrobial resistance.
  • The acquisition aims to bolster BioMérieux’s leadership in clinical microbiology and expand its global presence in the veterinary antimicrobial susceptibility testing market.

Market Segmentation: The veterinary antimicrobial susceptibility testing market is segmented based on various criteria:

  1. Product Type: Disks and Plates, Culture Media, Accessories and Consumables, Automated AST Instruments
  2. Animal Type: Livestock Animals, Companion Animals
  3. End-Use: Veterinary Reference Lab, Veterinary Research Institutes, Other End-Users

North America Leads Veterinary Antimicrobial Susceptibility Testing Market:

  • In 2023, North America emerged as the largest region in the veterinary antimicrobial susceptibility testing market, driven by advanced healthcare infrastructure and robust research activities.
  • The region’s focus on regulatory compliance and zoonotic disease control contributes to its market dominance.

Future Outlook and Trends: The veterinary antimicrobial susceptibility testing market is poised for continued growth, reaching $37.44 billion in 2024 and $50.45 billion by 2028, with a CAGR of 7.7%.

  • Antibiotic resistance mitigation, regulatory requirements, and rising pet ownership will fuel market expansion.
  • Key trends include innovative solutions, regulatory emphasis, and standards in the livestock industry.

Conclusion: The veterinary antimicrobial susceptibility testing market is witnessing unprecedented growth driven by the escalating prevalence of zoonotic diseases and technological innovations. With industry leaders investing in research and strategic acquisitions, the market is poised to address emerging challenges in animal healthcare and antimicrobial resistance. As the market continues to evolve, stakeholders must prioritize innovation and collaboration to meet the evolving needs of veterinarians, researchers, and pet owners worldwide.

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