Growth in the market is largely driven by the growing threat of antimicrobial resistance due to the overuse of antibiotics, rising demand for animal-derived products, growing prevalence of zoonotic diseases, rising demand for pet insurance, growing animal health expenditure, and the growing number of veterinary practitioners & their rising income levels in developed economies. The rising focus on veterinary antimicrobial susceptibility testing in emerging markets due to supportive government initiatives and awareness initiatives for antimicrobial resistance and control offer significant growth opportunities for the market players. On the other hand, the high cost of automated veterinary AST systems and rising pet care costs are expected to restrain the overall market growth to a certain extent.
Veterinary Antimicrobial Susceptibility Testing Market worth $135 million by 2026 - Exclusive Report by MarketsandMarkets Veterinary Antimicrobial Susceptibility Testing Market by Product (Disks, Plates, Media, Accessories, Consumables, Automated AST), Animal (Dog, Cat, Horse, Cattle, Pig, Poultry),End User (Veterinary Reference Labs, Universities) - Global Forecast to 2026 , published by MarketsandMarkets, the Veterinary AST Market is expected to reach USD 135 million by 2026 from an estimated USD 100 million in 2021, at a CAGR of 6.1%.
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Growth in the market is largely driven by the growing threat of antimicrobial resistance due to the overuse of antibiotics, rising demand for animal-derived products, growing prevalence of zoonotic diseases, rising demand for pet insurance, growing animal health expenditure, and the growing number of veterinary practit
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The Antimicrobial Susceptibility Testing Market research study considers the present scenario of the market and With major regions, from angles of manufacturers, product types and end industries. It covers a detailed overview of several market growth industry analysis, restraints, and trends. The report covers both the demand and supply aspects of the market. This research report on the Antimicrobial Susceptibility Testing market covers sizing and forecast, market share, industry trends, growth drivers, and vendor analysis. For enhancing readers’ experience, the report starts with a basic overview about the Market and its classification the estimated forecast year, 2021 – 2027 as the stipulated timeframe. As per the findings of the pressure reducing valve market study and perspectives of industry participants, the global Antimicrobial Susceptibility Testing market is projected to grow at a CAGR of 5.15% between 2021 and 2028 in terms of value.
Facto Market Insights recently published market research study on the Global Antimicrobial Susceptibility Test Market (2021-2027) to its own collection of research reports.
Human Organoids Market worth $1,901 million by 2025 - Exclusive Report by MarketsandMarkets Human Organoids Market by Product (Pancreas, Kidney, Lung, GIT, Liver Models) Usabilty (Customized, Ready-To-Use), Application (Toxicity, Pathology, Personalized & Regenerative Medicine), Enduser (Pharma-Biotech, CROs, Academia) & Region- Global Forecast to 2025 , published by MarketsandMarkets, the Human Organoids Market is estimated to be USD 850 million in 2020 and projected to reach USD 1,901 million by 2025, at a CAGR of 17.5%.
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The Increasing prevalence of transplantation, technological advancements and increased funding and public-private investments are the key factors driving the growth of the human organoids.