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DUBLIN, March 29, 2021 / PRNewswire / – The Veterinary Antimicrobial Susceptibility Testing Market by Product (Disks, Plates, Media, Accessories, Consumables, Automated AST), Animals (Dog, Cat, Horse, Livestock, Pig, Poultry), End-User (Veterinary Reference Laboratories), Universities ) – The Global Forecast to 2026 report has been added to ResearchAndMarkets.com’s offering.
The Veterinary Antimicrobial Susceptibility Testing market is expected to be reached $ 135 million by 2026 by an estimated $ 100 million in 2021 at a CAGR of 6.1%.
The growth of the market is mainly driven by the growing threat of antibiotic resistance due to the overuse of antibiotics, the increasing demand for animal products, the increasing prevalence of zoonotic diseases, the increasing demand for pet insurance, the increasing spending on animal health, and the growing number of veterinarians and their rising income levels in developed economies. On the other hand, the high cost of automated AST veterinary systems and the increasing cost of animal care are expected to inhibit general market growth to some extent.
In terms of product type, the discs and plates segment holds the largest market share in the forecast period.
Based on Products, the Veterinary Antimicrobial Susceptibility Testing Market is segmented into Discs and Plates, Culture Media, Accessories and Consumables, and AST Automated Instruments. In 2020, the Discs & Sheets segment had the largest market share. The large proportion of this segment is due to the high use of antimicrobial susceptibility testing for the disc diffusion method and the increasing prevalence of infectious diseases in food and pets.
In terms of animal type, the food-producing animals segment holds the largest market share in the forecast period.
Based on the animal type, the Veterinary Antimicrobial Susceptibility Testing market is segmented into Food Producing Animals and Pets. The food producing animals segment had the largest market share in 2020. The large share and high growth of this segment can be attributed to the high use of antibiotics in animal foods, the increasing frequency of antibiotic resistance and increasing demand for meat and dairy products, increasing animal health spending in industrialized countries and the increasing frequency of disease outbreaks in animals that eat food to produce. This segment is further divided into cattle, pigs, poultry and other animals that produce food. Pets are further divided into dogs, cats, horses, and other domestic animals.
Based on the end user, the AST veterinary segment is expected to register the highest CAGR during the forecast period.
Based on the end-users, the Veterinary Antimicrobial Susceptibility Testing market is segmented into Veterinary Reference Laboratories, Veterinary Research Institutes and Universities, and other end-users. Veterinary reference laboratories had the largest market share in 2020. The large portion of this segment is due to the large number of samples received in reference laboratories from small and large animal practices for AST. This segment is also expected to experience the highest growth in the forecast period (2021-2026).
North America is expected to account for the largest share of the veterinary antimicrobial susceptibility testing market in 2020
The market for veterinary testing for sensitivity to antimicrobial agents is geographically divided North America, Europe, Asia Pacific, Latin America, and the middle East & Africa. North America Largest share of the Veterinary Antimicrobial Susceptibility Testing market in 2020. The large share of this region is mainly due to the increasing awareness of animal resistance among veterinarians and ranchers, strict government regulations on the use of antimicrobial agents in farm animals, and the availability of advanced veterinary diagnostics Laboratories, increasing pet acceptance, the growing animal insurance industry, and increasing spending on veterinary health care in the area.
Main topics covered:
2 research methodology
4 Premium Insights
4.1 Veterinary Antimicrobial Susceptibility Testing Market Overview
4.2 Asia Pacific: Veterinary Antimicrobial Susceptibility Testing Market by Product
4.3 Veterinary Antimicrobial Susceptibility Testing Market: Geographical Mixture
5 Market overview
5.2 Market dynamics
5.2.1 Market drivers
18.104.22.168 Growing threat of antibiotic resistance from overuse of antibiotics
22.214.171.124 Growing demand for animal foods
126.96.36.199 Increasing prevalence of zoonotic diseases
188.8.131.52 Growing demand for pet insurance and growing spending on animal health
184.108.40.206 Growing numbers of veterinarians and their rising incomes in developed economies
5.2.2 Market Restrictions
220.127.116.11 High cost of automated antimicrobial susceptibility testing systems for veterinarians
18.104.22.168 Increasing pet care costs
5.2.3 Market Opportunities
22.214.171.124 Increasing focus on veterinary antimicrobial susceptibility testing in emerging markets due to supportive government initiatives
126.96.36.199 Growth of Domestic Animals
5.2.4 Market challenges
188.8.131.52 Little awareness of antibiotic resistance among veterinarians and ranchers
184.108.40.206 Limited guidelines for interpreting the results of veterinary antimicrobial susceptibility tests
220.127.116.11 Lack of veterinarians and experienced veterinary pathologists in developing markets
5.3 Technological analysis
5.4 Price analysis
5.5 Value chain analysis
5.6 Ecosystem Market Map
5.7 Porter’s Five Forces Analysis
5.7.1 New Participant Threat
5.7.2 Intensity of competitive rivalry
5.7.3 Bargaining power of buyers
5.7.4 Bargaining power of suppliers
5.7.5 Threat of Replacement
5.8 Supply chain analysis
5.9 Impact of COVID-19 on the Veterinary Antimicrobial Susceptibility Testing Market
5.10 Regulatory Analysis
5.11 Patent Analysis
5.11.1 Trends in Patent Publications for Veterinary Instruments for Testing Sensitivity to Antimicrobial Agents
5.11.2 Top applicants (companies / institutions) for veterinary instruments for testing sensitivity to antimicrobial agents
5.12 Difference between 96-well plates and 384-well plates
5.13 Customized Vs. Portfolio Products
6 Veterinary Antimicrobial Susceptibility Testing Market by Product
6.2 Discs & Plates
6.2.1 Discs and Plates, which accounted for the largest share of the market for antimicrobial susceptibility testing products in veterinary medicine market in 2020
6.3 Culture media
6.3.1 Constant need and repeated purchase of culture media to promote market growth
6.4 Accessories and consumables
6.4.1 The widespread use of manual methods such as disk diffusion will fuel the growth of this segment
6.5 Automated branch instruments
6.5.1 Ongoing trend of laboratory automation to drive growth in this market segment
7 Animal Type Antimicrobial Susceptibility Testing Veterinary Market
7.2 Food producing animals
18.104.22.168 Increase in cattle population and meat consumption to drive growth in the veterinary branch market
22.214.171.124 The increasing incidence of infectious diseases will support market growth
126.96.36.199 The increasing prevalence of infectious diseases in poultry will support the growth of the antimicrobial susceptibility testing market for veterinarians
7.2.4 Other food producing animals
188.8.131.52 Dogs dominate the pet antimicrobial susceptibility testing market
184.108.40.206 To increase the pet cat population to drive market growth
220.127.116.11 Growing awareness of horse health will drive market growth
7.3.4 Other pets
8 Antimicrobial Susceptibility Testing Veterinary Market By End-User
8.2 Veterinary reference laboratories
8.2.1 Veterinary reference laboratories are the largest end-users of veterinary antimicrobial susceptibility testing
8.3 Veterinary research institutes and universities
8.3.1 Increase funding for antibiotic resistance research and branch in universities to promote market growth
8.4 Other end users
9 Veterinary Antimicrobial Susceptibility Testing Market by Region
9.2 North America
9.4 Asia Pacific (Apac)
9.5 Latin America
9.6 middle East & Africa
10 competitive landscape
10.1 Key Strategies
10.2 Market Valuation Framework
10.3 Yield Analysis
10.4 Market Share Analysis
10.5 Company evaluation quadrant / immersion matrix
10.5.2 Aspiring leaders
10.5.3 Penetrating Players
10.6 Veterinary Antimicrobial Susceptibility Testing Market: Geographical Assessment
10.7 Competitive Situation and Trends
10.7.1 Product Introductions and Improvements
11 company profiles
11.1 Supply-side players
11.1.1 Thermo Fisher Scientific Inc.
11.1.2 Becton, Dickinson and Company
11.1.3 User Corporation
11.1.4 Biomerieux Sa.
11.1.5 Danaher Corporation
11.1.6 Bio-Rad Laboratories, Inc.
11.1.7 Neogen Corporation
11.1.8 Himedia Laboratories
11.1.9 Mast Group Ltd.
11.1.10 Bioguard Corporation
11.1.11 Ssi Diagnostica A / S.
11.1.13 Fastinov Sa.
11.1.15 Hardy Diagnostics
11.1.16 Liofilchem Srl.
11.2 Players on the Demand Side
11.2.1 Idexx reference laboratories
11.2.2 University of Minnesota (Veterinary diagnostic laboratory)
11.2.3 Iowa State University (Veterinary diagnostic laboratory)
11.2.4 Cornell University (Animal Health Diagnostic Center)
12.1 Discussion Guide
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