Veterinary Rapid Test Market Share

APAC Market Forecast

The veterinary rapid test market in the Asia Pacific region is set to hold the highest share during the forecast period, as more people own pets and place greater emphasis on veterinary health, as well as increasing government initiatives to support veterinary health in developing countries in the region. Lucky opportunities are likely to emerge in the rapid veterinary testing market in the Pacific region. It is estimated that the number of pets in a country like Australia is increasing rapidly, so it is almost difficult to know the exact number of pets in this country. Statistics show that dogs are the most popular pet species in Australia, with 40% of households having at least one dog. This was followed by cats (27%), fish (11%), birds (9%), small mammals (3%), and reptiles (2%). In addition, he reported that 2% of households own pets such as hermit crabs, horses, goats, cows, and alpacas.

European Market Statistics

The veterinary rapid test market in the Europe region is set to grow significantly during the review period. Agricultural enterprises in the region face major challenges in sustainably producing enough food to feed a growing population. Regional livestock populations are expected to increase over the next decade due to the rapidly increasing demand for safe, effective, and high-quality animal protein. Livestock productivity continues to be affected by infectious diseases, and international trade in animals and livestock products increases the risk of new infectious disease outbreaks in the region