Australia Bovine Tuberculosis Diagnosis Market Size & Outlook
Australia bovine tuberculosis diagnosis market, 2018-2030 (US$M)
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Australia bovine tuberculosis diagnosis market highlights
- The Australia bovine tuberculosis diagnosis market generated a revenue of USD 14.0 million in 2022 and is expected to reach USD 22.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.8% 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.
Bovine tuberculosis diagnosis market data book summary
| Market revenue in 2022 | USD 14.0 million |
| Market revenue in 2030 | USD 22.0 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Traditional tests |
| Fastest growing segment | Molecular Diagnostic Tests |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Australia accounted for 1.9% of the global bovine tuberculosis diagnosis market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bovine tuberculosis diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.9 million by 2030.
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Bovine Tuberculosis Diagnosis Market Scope
Bovine Tuberculosis Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 59.29% in 2022. Horizon Databook has segmented the Australia 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.
In 1997, Australia was officially declared free of bTB, after an eradication program that lasted for more than 20 years. Bovine tuberculosis is still a notifiable disease. Animal Health Australia has a bTB disease surveillance program to ensure that the country’s agriculture industry remains free from this disease.
In 1970, voluntary State based TB control programs in Australia were put on hold by a coordinated national campaign to remove both tuberculosis and brucellosis from the cattle population. The campaign was managed and funded under a tripartite agreement by the State and Commonwealth governments and Industry.
The TB component of the campaign relied on test and slaughter, with disease surveillance at abattoirs and trace-back to the source of the meat. A national granuloma submission program was implemented in 1992 to increase the intensity of abattoir monitoring.
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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 country-level data and insights on the Australia bovine tuberculosis diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Australia bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)
Australia Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)
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