Europe Veterinary Antimicrobial Susceptibility Testing Market Size & Outlook

The veterinary antimicrobial susceptibility testing market in Europe is expected to reach a projected revenue of US$ 192.3 millions by 2030. A compound annual growth rate of 4.8% is expected of Europe veterinary antimicrobial susceptibility testing market from 2024 to 2030.
Revenue, 2023 (US$Ms)
$138.9
Forecast, 2030 (US$Ms)
$192.3
CAGR, 2024 - 2030
4.8%
Report Coverage
Europe

Europe veterinary antimicrobial susceptibility testing market, 2018-2030 (US$Ms)

Europe

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Europe veterinary antimicrobial susceptibility testing market highlights

  • The Europe veterinary antimicrobial susceptibility testing market generated a revenue of USD 138.9 millions in 2023.
  • The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
  • In terms of segment, production was the largest revenue generating animal type in 2023.
  • Production is the most lucrative animal type segment registering the fastest growth during the forecast period.
  • Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 138.9 millions
Market revenue in 2030USD 192.3 millions
Growth rate4.8% (CAGR from 2023 to 2030)
Largest segmentProduction
Fastest growing segmentProduction
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD millions
Market segmentationCompanion, Production
Key market players worldwideBioMerieux SA, Becton Dickinson & Co, Synbiosis, Thermo Fisher Scientific Inc, Bruker Corp, Danaher Corp, Condalab, Liofilchem, HiMedia Laboratories, Bio-Rad Laboratories Inc, Neogen Corp


Other key industry trends

  • In terms of revenue, Europe region accounted for 13.6% of the global veterinary antimicrobial susceptibility testing market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 91.8 millions by 2030.

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Veterinary Antimicrobial Susceptibility Testing Market Companies

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Europe veterinary antimicrobial susceptibility testing 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 veterinary antimicrobial susceptibility testing market will help companies and investors design strategic landscapes.


Production was the largest segment with a revenue share of 62.42% in 2023. Horizon Databook has segmented the Europe veterinary antimicrobial susceptibility testing market based on companion, production covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe veterinary antimicrobial susceptibility testing market databook

  • Our clientele includes a mix of veterinary antimicrobial susceptibility testing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe veterinary antimicrobial susceptibility testing market, including forecasts for subscribers. This continent databook contains high-level insights into Europe veterinary antimicrobial susceptibility testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe veterinary antimicrobial susceptibility testing market report size, by country, 2018-2030 (US$Ms)

Europe Veterinary Antimicrobial Susceptibility Testing Market Share, 2023 & 2030 (US$Ms)

Europe veterinary antimicrobial susceptibility testing market report size, by country, 2018-2030 (US$Ms)

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