South Africa Bovine Tuberculosis Diagnosis Market Size & Outlook
South Africa bovine tuberculosis diagnosis market, 2018-2030 (US$M)
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South Africa bovine tuberculosis diagnosis market highlights
- The South Africa bovine tuberculosis diagnosis market generated a revenue of USD 20.4 million in 2022 and is expected to reach USD 29.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.6% 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 20.4 million |
| Market revenue in 2030 | USD 29.3 million |
| Growth rate | 4.6% (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, South Africa accounted for 2.8% 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 Middle East & Africa, South Africa bovine tuberculosis diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 29.3 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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South Africa 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 59.31% in 2022. Horizon Databook has segmented the South Africa 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 South Africa, bTB is the most common type of TB found in cattle. People who are already infected with a disease such as HIV, are at a greater risk. South Africa’s cow industry is one of the largest industry employing over 40,000 people.
Increasing demand for dairy cows is one of the drivers responsible for market growth in the country, owing to buying pregnant cows that give farmers the vast opportunity for their dairy farm. The country’s livestock sector has been divided into a dual system of a sophisticated commercial sector employing modern technology and a developing sector that includes emerging and smallholder farmers.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa bovine tuberculosis diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)
South Africa Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)
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