Global Antibiotic Residue Test Kits Market Will Witness An Expansion At 6.2% CAGR In Terms Of Value By 2026

Healthcare

Key role of simple diagnostic tests in detecting the presence of antibiotic residues in foods derived from animals will continue to propel the demand for antibiotic residue test kits. These tests ensure the food is safe for human consumption. Findings from these tests are of great value in increasing the nutritional index of animal-based foods. Moreover, stringent food safety measures continue to necessitate the need for adopting antibiotic residue test kits in the food & beverage industry.

Fact.MR’s recent report estimates the expansion of the global market for antibiotic residue test kits for the period, 2017-2026. During this forecast period, the global antibiotic residue test kits market is expected to witness growth at 6.2% CAGR in terms of value. By the end of 2026, around US$ 295 Mn worth of antibiotic residue test kits are expected to be sold globally.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=496

Market Taxonomy

Region	North America Latin America Europe Japan APEJ MEA
Test Type	Beta-lactams Macrolides Tetracyline Aminoglycosides Amphenicols Siulfonamides
End User	Food and Beverage Industry Veterinary Independent Laboratory Other Applications

Competition Tracking

Leading companies partaking in the development of antibiotic residue test kits have been profiled in this report. Companies namely

Thermo Fischer Scientific
DSM
Charm Sciences
Perkin Elmer (BioScientific Corp)
Labtek Services Ltd.
NEOGEN Food Safety
IDEXX Labs
R-Biopharm
Eurofins and Sciex

Leave a Reply Cancel reply

Fact.MR, a market research and competitive intelligence provider, has recently published an updated survey of the global spine devices market. This report suggests that market revenue will total US$ 17 Bn by 2031, expanding at a modest CAGR of 4.5% over the decade. In the past decade, the healthcare industry has changed exponentially, and this is majorly attributed to advancements in the technology of medical devices and procedures. The world has seen an increase in demand for healthcare as the prevalence of diseases increases and the need for better healthcare rises. Spine injuries and spinal disorders have also seen a steady rise over the past decade. This has also created an increase in demand for spinal procedures, which is driving demand for spine devices. However, complexity of spine procedures and treatment is a major factor that restricts demand. Manufacturers are working towards developing solutions that would be simpler in nature and take very less time for the patient to recover. Request Sample https://www.factmr.com/connectus/sample?flag=S&rep_id=259 Key Takeaways from Market Study Sales revenue from spine devices predicted to be worth US$ 17 Bn by end of decade. Demand for spine devices expected to progress at a stable CAGR of 4.5% through 2031. U.S. expected to be most lucrative market in the world. Global spine devices market worth around US$ 11 Bn in 2020. U.K. and Germany expected to be lucrative markets for spine devices in European region. APAC market slated to rise at fastest CAGR through 2031. Increasing incidence of spinal injuries, rising prevalence of spinal disorders, robust research & development in spine treatment procedures, and rising geriatric population driving industry expansion. Key Segments Covered in Spine Devices Industry Survey By Product: Spinal Rods Spinal Screws Spinal Hooks Spinal Plates Spinal Cages Spinal Spacers Motion Preservation Devices Total Disc Replacement By End User: Use of Spine Devices in Hospitals Use of Spine Devices in Orthopaedic Clinics Use of Spine Devices in ASCs Competitive Landscape Leading players in the spine devices market are focusing on developing new devices to reduce the complexity of spinal procedures. The focus is on developing new and advanced devices that are more precise and efficient. A spine technology company, Spinal Elements, in September 2021, announced the commercial launch of its two Luna XD and Orbit Systems. These products are part of the company’s newest technology range in the MIS Ultra platform, which also has procedural solutions as well. A leading medical device company, Centinel Spine LLC, in September 2021, announced the launch of new endplate implants. This would expand the variety of options to choose from for patients as well as medical professionals. Demand for spinal implants and devices is expected to drive such launches by different players operating in the market. In the first week of October 2021, Medtronic, a leading name in the medical device industry, announced the launch of three new devices to its spinal devices portfolio. They will be a part of the minimally invasive spinal ecosystem that the company is building.

Healthcare

Demand For Spine Products Is Anticipated To Rise At A CAGR Of 4.5% Through 2031

Fact.MR, a market research and competitive intelligence provider, has recently published an updated survey of the global spine devices market. This report suggests that market revenue

August 6, 2022

factmrblog

Healthcare

Vocal Biomarkers Worth Of US$ 390 Million Are Envisaged To Be Sold Across The Globe By 2027

Vocal patterns have been used by clinical psychologists and psychoanalysts for analyzing personality traits of patients, and helping creation of headway in clinical and medical

August 5, 2022

factmrblog

Healthcare

Demand For Ultra-Low Temperature Freezers Is Expected To Surge 1.5x From 2022-2031

A recently published report by Fact.MR reveals that the global ultra-low temperature freezers market is projected to grow at a modest CAGR of 4.4% during

August 4, 2022

factmrblog

Healthcare

The Testosterone Nasal Gels Market Will Experience Substantial Growth with A CAGR of 3% During The Forecast Period 2021-2031

With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global Ocular Excipients Market as well as

August 4, 2022

factmrblog

Market Taxonomy

Competition Tracking

Related

factmrblog

Leave a Reply Cancel reply

Related Posts