According to the business intelligence report titled ‘Global Veterinary Antimicrobial Susceptibility Testing Market Size study, by Product (Disks, Plates, Media, Accessories, Consumables, Automated AST), Animal (Dog, Cat, Horse, Cattle, Pig, Poultry), End User (Veterinary Reference Labs, Universities) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global veterinary antimicrobial susceptibility testing market was valued at USD 94.3 million in 2020 and is projected to be worth USD 144.6 million by 2027, expanding at 6.3% CAGR between 2021-2027.
 

Surging demand for animal-derived products, increasing concerns regarding antimicrobial resistance owing to antibiotic overuse, and growing prevalence of zoonotic diseases are the key factors driving global veterinary antimicrobial susceptibility testing market expansion.
 

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For the unversed, antimicrobials are usually added into animal feed as preventive metaphylactic & prophylactic therapeutic methods and as growth boosters. They are used more for healthy animals than sick animals as a precautionary measure.
 

Growing animal health expenditure, rising demand for pet insurance, and increasing number of veterinary practitioners with their high income levels in developed economies will aid revenue inflow as well. The launch of antimicrobial stewardship programs by regulatory organizations to increase awareness among livestock producers, pet owners, and veterinarians will also stimulate the overall industry outlook.
 

On the other hand, expensive nature of automated veterinary AST systems in tandem with high costs of pet care will act as challenges for businesses operating in this domain.
 

Based on product gamut, worldwide veterinary antimicrobial susceptibility testing market is split into plates, disks, accessories, automated AST, and consumables. Speaking of animal type, the industry is divided into cat, dog, cattle, horse, poultry, and pig. As per end user spectrum, the business sphere is bifurcated into universities, and veterinary reference labs. 
 

From the regional frame of reference, North America captured majority of global veterinary antimicrobial susceptibility testing industry share in the recent past owing to growing number of pets as well as food producing animals, increasing meat & dairy consumption, and availability of technologically developed veterinary reference laboratories. Stringent antimicrobial usage guidelines and growing acceptance of pet insurance will also facilitate market growth in North America.
 

Leading players profiled in global veterinary antimicrobial susceptibility testing market report are SSI Diagnostica A/S, Mast Group Ltd, Thermo Fisher Scientific Inc., Bioguard Corporation, FASTinov S.A., Hardy Diagnostics, Condalab, Bio-Rad Laboratories Inc., Neogen Corporation, and HiMedia Laboratories LLC.