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Middle East and Africa Veterinary Rapid Test Market

2021

Middle East and Africa Veterinary Rapid Test Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Rapid Test Kits and Rapid Test Readers), Application (Viral Diseases, Bacterial Diseases, Parasitic Diseases, Allergies, and Other Applications), and Animal Type (Companion Animals and Livestock Animals)

Publication Month: Nov 2021 | Report Code: TIPRE00025743 | No. of Pages: 118 | Category: Biotechnology | Status: Published

Market Insights

Middle East and Africa Veterinary Rapid Test Market to Grow at a CAGR of 7.2% to reach US$ 55.54 million from 2021 to 2028

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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.

Saudi Arabia, South Africa, and UAE are major economies in MEA. The veterinary rapid test market is characterized by the presence of various small and big companies. The market players are adopting the strategies such as new product launch, regional expansion, and technological advancements to increase their market share. Rising demand for rapid tests, point of care testing, and portable instruments are encouraging the new product launches in veterinary rapid testing. Point-of-Care (PoC) testing enables rapid results in non-laboratory veterinary setting and also increases productivity. These tests are cost-effective and encompass a wide range of diseases. Moreover, the growing demand for point-of-care diagnostics products is further driving product innovations in the market. Market players are investing in R&D to develop advanced technologies and gain more revenue share.

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.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive veterinary rapid test market. The MEA veterinary rapid test market is expected to grow at a good CAGR during the forecast period.

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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
    • Cattle
    • Poultry
    • Swine
    • Others
  • Companion Animals
    • Dogs
    • Cats
    • Horses
    • Others

MEA Veterinary Rapid Test Market- By Country

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

MEA Veterinary Rapid Test Market-Companies Mentioned

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

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Veterinary Rapid Test Market – By Product

1.3.2 MEA Veterinary Rapid Test Market – By Application

1.3.3 MEA Veterinary Rapid Test Market – By Animal Type

1.3.4 MEA Veterinary Rapid Test Market – By Country

2. MEA Veterinary Rapid Test Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Veterinary Rapid Test Market – Market Landscape

4.1 Overview

4.2 MEA PEST Analysis

4.3 Expert Opinions

5. MEA Veterinary Rapid Test Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing incidences of zoonotic diseases

5.1.2 Increasing initiatives by the governments and animal welfare associations of different countries

5.2 Market Restraints

5.2.1 Limited Number of Skilled Professionals in Veterinary Diagnostics

5.3 Market Opportunities

5.3.1 Demand for Advanced Diagnostics to Improve Veterinary Disease Diagnosis

5.4 Future Trends

5.4.1 Escalating Number of Product Launches

5.5 Impact Analysis

6. Veterinary Rapid Test Market – MEA Analysis

6.1 MEA Veterinary Rapid Test Market Revenue Forecast and Analysis

7. MEA Veterinary Rapid Test Market Analysis – By Product

7.1 Overview

7.2 Veterinary Rapid Test Market Revenue Share, by Product (2021 and 2028)

7.3 Rapid Test Kits

7.3.1 Overview

7.3.2 Rapid Test Kits: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Rapid Test Readers

7.4.1 Overview

7.4.2 Rapid Test Readers: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

8. MEA Veterinary Rapid Test Market Analysis – By Application

8.1 Overview

8.2 Veterinary Rapid Test Market Share, by Application, 2021 and 2028, (%)

8.3 Viral Diseases

8.3.1 Overview

8.3.2 Viral Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Bacterial Diseases

8.4.1 Overview

8.4.2 Bacterial Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Parasitic Diseases

8.5.1 Overview

8.5.2 Parasitic Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Allergies

8.6.1 Overview

8.6.2 Allergies: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Other Application

8.7.1 Overview

8.7.2 Other Application: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

9. MEA Veterinary Rapid Test Market Analysis – By Animal Type

9.1 Overview

9.2 Veterinary Rapid Test Market Revenue Share, by Animal Type (2021 and 2028)

9.3 Companion Animals

9.3.1 Overview

9.3.2 Companion Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2.1 Dogs

9.3.2.1.1 Overview

9.3.2.1.2 Dogs Market Revenue and Forecast to 2028 (US$ Mn)

9.3.2.2 Cats

9.3.2.2.1 Overview

9.3.2.2.2 Cats Market Revenue and Forecast to 2028 (US$ Mn)

9.3.2.3 Horses

9.3.2.3.1 Overview

9.3.2.3.2 Horses Market Revenue and Forecast to 2028 (US$ Mn)

9.3.2.4 Others

9.3.2.4.1 Overview

9.3.2.4.2 Others Market Revenue and Forecast to 2028 (US$ Mn)

9.4 Livestock Animals

9.4.1 Overview

9.4.2 Livestock Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2.1 Cattle

9.4.2.1.1 Overview

9.4.2.1.2 Cattle Market Revenue and Forecast to 2028 (US$ Mn)

9.4.2.2 Swine

9.4.2.2.1 Overview

9.4.2.2.2 Swine Market Revenue and Forecast to 2028 (US$ Mn)

9.4.2.3 Poultry

9.4.2.3.1 Overview

9.4.2.3.2 Poultry Market Revenue and Forecast to 2028 (US$ Mn)

9.4.2.4 Others

9.4.2.4.1 Overview

9.4.2.4.2 Others Market Revenue and Forecast to 2028 (US$ Mn)

10. MEA Veterinary Rapid Test Market – Country Analysis

10.1.1 Overview

10.1.2 Middle East & Africa: Veterinary Rapid Test Market, by Country, 2021 & 2028 (%)

10.1.2.1 Saudi Arabia: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)

10.1.2.1.1 Saudi Arabia: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.2 Saudi Arabia Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.3 Saudi Arabia Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.4 Saudi Arabia Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.4.1 Saudi Arabia: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)

10.1.2.1.4.2 Saudi Arabia: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)

10.1.2.2 UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.1 UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.2 UAE Veterinary Rapid Test Market, by Product– Revenue and Forecast to 2028 (USD Million)

10.1.2.2.3 UAE Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.4 UAE Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.4.1 UAE: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)

10.1.2.2.4.2 UAE: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)

10.1.2.3 South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.1 South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.2 South Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.3 South Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.4 South Africa Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.4.1 South Africa: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)

10.1.2.3.4.2 South Africa: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)

10.1.2.4 Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)

10.1.2.4.1 Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)

10.1.2.4.2 Rest of Middle East & Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.3 Rest of Middle East & Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.4 Rest of Middle East and Africa Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.4.1 Rest of Middle East and Africa: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)

10.1.2.4.4.2 Rest of Middle East and Africa: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)

11. Impact Of COVID-19 Pandemic on MEA Veterinary Rapid Test Market

11.1 Overview

12. Industry Landscape

12.1 Overview

12.2 Inorganic Developments

12.2.1 Overview

13. Company Profiles

13.1 Zoetis Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Virbac

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 HESKA CORPORATION

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Swissavans AG

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 SWOT Analysis

13.4.5 Key Developments

13.5 Woodley Equipment Company Ltd

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. MEA Veterinary Rapid Test Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Saudi Arabia Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 3. Saudi Arabia Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4. Saudi Arabia Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)

Table 5. Saudi Arabia Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)

Table 6. Saudi Arabia Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)

Table 7. UAE Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 8. UAE Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9. UAE Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)

Table 10. UAE Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)

Table 11. UAE Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)

Table 12. South Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 13. South Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 14. South Africa Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)

Table 15. South Africa Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)

Table 16. South Africa Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)

Table 17. Rest of Middle East & Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 18. Rest of Middle East & Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19. Rest of Middle East and Africa Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)

Table 20. Rest of Middle East and Africa Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)

Table 21. Rest of Middle East and Africa Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)

Table 22. Inorganic Developments Done By Companies

Table 23. Glossary of Terms, Veterinary Rapid Test Market

LIST OF FIGURES

Figure 1. MEA Veterinary Rapid Test Market Segmentation

Figure 2. MEA Veterinary Rapid Test Market Segmentation, By Country

Figure 3. MEA Veterinary Rapid Test Market Overview

Figure 4. Rapid Test Kits Segment Held Largest Share of MEA Veterinary Rapid Test Market

Figure 5. Saudi Arabia to Show Significant Growth During Forecast Period

Figure 6. MEA PEST Analysis

Figure 7. MEA Veterinary Rapid Test Market Impact Analysis of Driver and Restraints

Figure 8. MEA Veterinary Rapid Test Market – Revenue Forecast and Analysis to 2028

Figure 9. MEA Veterinary Rapid Test Market Revenue Share, by Product (2021 and 2028)

Figure 10. MEA Rapid Test Kits: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. MEA Rapid Test Readers: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. MEA Veterinary Rapid Test Market Share, by Application, 2021 and 2028 (%)

Figure 13. MEA Viral Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. MEA Bacterial Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. MEA Parasitic Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. MEA Allergies: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. MEA Other Application: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. MEA Veterinary Rapid Test Market Revenue Share, by Animal Type (2021 and 2028)

Figure 19. MEA Companion Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. MEA Dogs Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. MEA Cats Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. MEA Horses Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 23. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 24. MEA Livestock Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. MEA Cattle Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 26. MEA Swine Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 27. MEA Poultry Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 28. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 29. Middle East & Africa: Veterinary Rapid Test Market, by Key Country – Revenue (2021) (USD Million)

Figure 30. Middle East & Africa: Veterinary Rapid Test Market, by Country, 2021 & 2028 (%)

Figure 31. Saudi Arabia: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

Figure 32. UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

Figure 33. South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)

Figure 35. Impact Of COVID-19 Pandemic in Middle East and Africa Country Markets

  1. HESKA CORPORATION
  2. Swissavans AG
  3. Virbac
  4. Woodley Equipment Company Ltd
  5. Zoetis Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Veterinary Rapid Test market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA Veterinary Rapid Test market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the Veterinary Rapid Test market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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