Middle East and Africa Veterinary Rapid Test Market

Market Introduction

Middle East & Africa consists of three major countries namely United Arab Emirates (UAE), Saudi Arabia and South Africa. The market is driven by the factors such as increasing government initiatives, growing number of research and development activities, and increasing number of product launches and approvals in the region. Saudi Arabia is one of the fastest-growing regions in the Middle East and Africa, driven by a huge population base and increasing adoption. Due to its technical and scientific expertise and the abundance of resources available, Saudi Arabia has made great strides in acquiring competencies in most of the 19 technical areas. Areas that need improvement to achieve the highest level of competence are coordination, communication, and advocacy; antimicrobial resistance; zoonotic diseases; biosecurity and biosecurity; the laboratory system; monitoring; personnel development; and risk communication. Q fever is a zoonotic disease with a significant public health impact. Sheep are one of the main reservoirs for this disease, while abortion is the primary clinical outcome. Q fever is endemic in many countries, including Saudi Arabia. Herd management practices play an important role in the spread of Q fever infection among herds. However, very little information is available on herd management factors associated with Q fever seropositivity in Saudi Arabia. Escalating number of product launches is the major factor driving the growth of the MEA veterinary rapid test market.

The coronavirus has had a significant impact in the Middle East and Africa. Several increasing COVID-19 cases have been reported, including South Africa (2,553,466), Israel (900,482), United Arab Emirates (692,964), and Saudi Arabia (533,516) on 9th August 2021. The pandemic has increased the demand for medical devices. The region is experiencing an increasing number of drugs that present strained health systems with diverse diagnostic and therapeutic challenges, increasing medical devices. The lockdown in key countries has impacted the supply of domestic food and other goods and services. Countries are grappling with food shortages, and livestock farming has been particularly hard hit. Middle Eastern countries mainly consume beef. The lockdown has also impacted the travel business, and imports and exports are badly affected. Countries are the largest practices for dairy products; therefore, the supplies for the food feed and the additives for animals face shortages. The veterinary rapid test market in these regions is therefore moderately affected. Agricultural and zoonotic infectious diseases do not respect wealth or borders. Outbreaks of the novel, recurring, and transboundary animal diseases can have devastating effects on the individual, community, regional, and even global levels - as has been all too evident with the ongoing African Swine Fever (ASF) epidemic and the global COVID-19 pandemic, which is currently turning the lives and livelihoods of billions of people around the world upside down. However, segments of the medical industry, including rapid veterinary testing equipment, suffered losses during the COVID-19 pandemic due to limited manufacturing and supply chain facilities. The increasing number of cases of Covid cases in animals has also led to increased diagnosis and monitoring. This pandemic is affecting the operations of the various key players operating in the rapid veterinary testing market in the region.

Middle East and Africa Veterinary Rapid Test Strategic Insights

Strategic insights for the Middle East and Africa Veterinary Rapid Test provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Veterinary Rapid Test Report Scope

Middle East and Africa Veterinary Rapid Test Regional Insights

The geographic scope of the Middle East and Africa Veterinary Rapid Test refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The veterinary rapid test market in MEA is expected to grow from US$ 34.12 million in 2021 to US$ 55.54 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028. At present, the veterinary market is receiving a significant improvement from initiatives led by the animal welfare association’s governments and of several countries. To increase the adoption of veterinary testing services, governments directly take part by raising awareness among the population concerning animal diseases and the privatization of animal healthcare services. Thus, the major awareness programs and support from several organizations for animal healthcare are contributing to the market growth for veterinary rapid testing.

Key Market Segments

The MEA veterinary rapid test market is segmented on the bases of product, application, animal type, and country. Based on product, the market is segmented into rapid test kits and rapid test readers. The rapid test kits segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. On the basis of application, the veterinary rapid market is segmented into viral diseases, bacterial diseases, parasitic diseases, allergies, and other applications. The viral diseases segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. On the basis of animal type, the veterinary rapid test market is segmented into livestock animals and companion animals. The livestock animals segment dominated the market in 2020 and companion animals segment is expected to be the fastest growing during the forecast period. The livestock animals segment is further bifurcated into cattle, poultry, swine, and others. Similarly, the companion segment is segmented into dogs, cats, horses, and others.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the veterinary rapid test market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are HESKA CORPORATION; Swissavans AG; Virbac; Woodley Equipment Company Ltd; and Zoetis Inc.  are among others.

Reasons to buy report

• To understand the MEA veterinary rapid test market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA veterinary rapid test market
• Efficiently plan M&A and partnership deals in MEA veterinary rapid test market by identifying market segments with the most promising probable sales  
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA veterinary rapid test market
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Veterinary Rapid Test Market Segmentation

MEA Veterinary Rapid Test Market -By Product

• Rapid Test Kits
• Rapid Test Readers

MEA Veterinary Rapid Test Market -By

Application

• Viral Diseases
• Bacterial Diseases
• Parasitic Diseases
• Allergies
• Other Applications

MEA Veterinary Rapid Test Market -By Animal Type

• Livestock Animals
• Companion Animals

MEA Veterinary Rapid Test Market -By Country

• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

MEA Veterinary Rapid Test Market -

Company Profiles

• HESKA CORPORATION
• Swissavans AG
• Virbac
• Woodley Equipment Company Ltd
• Zoetis Inc.