Asia Pacific Bovine Tuberculosis Diagnosis Market Size & Outlook
Asia Pacific bovine tuberculosis diagnosis market, 2018-2030 (US$M)
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Asia Pacific bovine tuberculosis diagnosis market highlights
- The Asia Pacific bovine tuberculosis diagnosis market generated a revenue of USD 107.0 million in 2022.
- The market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, traditional tests was the largest revenue generating test type in 2022.
- Molecular Diagnostic Tests is the most lucrative test type segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 107.0 million |
| Market revenue in 2030 | USD 162.5 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Traditional tests |
| Fastest growing segment | Molecular Diagnostic Tests |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serological Tests, Molecular Diagnostic Tests, Traditional Tests |
| Key market players worldwide | IDEXX Laboratories Inc, Zoetis Inc Class A, Thermo Fisher Scientific Inc, Asure Software Inc, Bio-Rad Laboratories Inc, BioNote, Enfer Medical, IDvet, PBD Biotech |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 14.7% of the global bovine tuberculosis diagnosis market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 162.5 million by 2030.
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Bovine Tuberculosis Diagnosis Market Scope
Bovine Tuberculosis Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bovine tuberculosis diagnosis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bovine tuberculosis diagnosis market will help companies and investors design strategic landscapes.
Traditional tests was the largest segment with a revenue share of 59.53% in 2022. Horizon Databook has segmented the Asia Pacific bovine tuberculosis diagnosis market based on serological tests, molecular diagnostic tests, traditional tests covering the revenue growth of each sub-segment from 2018 to 2030.
Bovine tuberculosis is a chronic bacterial disease in animals caused by Mycobacterium tuberculosis composite, and primarily by Mycobacterium bovis, and Mycobacterium caprae and Mycobacterium tuberculosis to a lesser extent.
The disease is common infectious disease in cattle, and also affects other domesticated animals and certain wildlife population. Cattle and buffalo are thought to be the major reservoir of Mycobacterium bovis and the main sources of infection for humans. The zoonotic disease is transferred indirectly through the utilization of contaminated milk, dairy products, or meat containing infected material.
In October 2017, the OIE, the WHO, the United Nations Food and Agriculture Organization (FAO), and the International Union Against Tuberculosis and Lung Disease (The Union) jointly launched the first-ever roadmap to combat zoonotic tuberculosis, which is based on a One Health concept that recognizes the interdependence of human & animal health sectors in addressing major health and economic impacts of this disease.
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Our clientele includes a mix of bovine tuberculosis diagnosis market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bovine tuberculosis diagnosis market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bovine tuberculosis diagnosis market size, by country, 2018-2030 (US$M)
Asia Pacific Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)
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