Research Methodology – Veterinary Antimicrobial Susceptibility Testing Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Veterinary Antimicrobial Susceptibility Testing Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Veterinary Antimicrobial Susceptibility Testing Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Current and forecasted market size.
- Number of veterinary clinics and hospitals using antimicrobial susceptibility testing.
- The annual volume of antimicrobial susceptibility tests performed.
- The cost of tests conducted.
- Market demand and supply dynamics of the antimicrobial susceptibility testing methods for veterinary.
- Market penetration, proliferation, and attrition rate of products and services.
- Government regulations and policies affecting the veterinary antimicrobial susceptibility testing market.
- Market trends and technological advancements.
Key Market Indicators
- Year-on-year growth rate of the veterinary antimicrobial susceptibility testing market.
- Market share held by key players and their competitive landscape.
- Number of new product launches and innovations in the market.
- Customer acquisition and retention rates.
- R&D investment by key industry players.
- Changes in government policies and regulatory norms.
Growth Trends
- Adoption rate of advanced testing technologies like in-vitro diagnostics and point of care testing.
- Trends in the acceptance of rapid microbial testing methods.
- Market growth in developing economies and adoption of veterinary antimicrobial susceptibility testing.
- Growth of companion animal market and increase in pet adoption, leading to higher demand for susceptibility testing.
- The increasing trend of antimicrobial resistance in animal infections.
- Market expansion opportunities due to advancements in molecular biology and genomic testing technologies.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Veterinary Antimicrobial Susceptibility Testing Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Veterinary Antimicrobial Susceptibility Testing Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights