Middle East & Africa Veterinary Rapid Test Market Size & Outlook
Middle East & Africa veterinary rapid test market, 2018-2030 (US$M)
Related Markets
MEA veterinary rapid test market highlights
- The MEA veterinary rapid test market generated a revenue of USD 17.6 million in 2023.
- The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, test kits was the largest revenue generating product in 2023.
- Test Kits is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 17.6 million |
| Market revenue in 2030 | USD 41.0 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Test kits |
| Fastest growing segment | Test Kits |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Test Kits, Readers |
| Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, Virbac SA, Mars Group Holdings Corp, Thermo Fisher Scientific Inc, Neogen Corp, Merck & Co Inc, Bosterbio |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.1% of the global veterinary rapid test market in 2023.
- Globally, North America 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 411.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Veterinary Rapid Test Market Scope
Veterinary Rapid Test Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa veterinary rapid test 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 rapid test market will help companies and investors design strategic landscapes.
Test kits was the largest segment with a revenue share of 80.68% in 2023. Horizon Databook has segmented the Middle East & Africa veterinary rapid test market based on test kits, readers covering the revenue growth of each sub-segment from 2018 to 2030.
The market for veterinary diagnostic kits throughout the Middle East and Africa is dynamic. The market in South Africa is driven by the rising incidence of zoonotic diseases and parasitic & infectious diseases in cattle, with Theileria parva being the main culprit.
The nation struggles with endemic infections, highlighting the importance of precise and frequent diagnosis.
In Saudi Arabia, government drives for poultry production under Saudi Vision 2030 have impacted its market, boosting the demand for disease diagnostics in the poultry industry.
Reasons to subscribe to Middle East & Africa veterinary rapid test market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa veterinary rapid test market databook
-
Our clientele includes a mix of veterinary rapid test 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 Middle East & Africa veterinary rapid test market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa veterinary rapid test market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA veterinary rapid test market size, by country, 2018-2030 (US$M)
Middle East & Africa Veterinary Rapid Test Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
