The Global Antimicrobial Susceptibility Testing Market Report by The Business Research Company covers antimicrobial susceptibility testing market’s drivers and restraints, antimicrobial susceptibility testing market size, major players, and the impact of COVID-19 on the antimicrobial susceptibility testing market
The antimicrobial susceptibility testing market consists of sales of antimicrobial susceptibility testing by entities (organizations, sole traders and partnerships) that are engaged in laboratory services that provide antimicrobial susceptibility testing. Antimicrobial susceptibility testing (AST) is a laboratory procedure done by clinical laboratory professionals to identify which antimicrobial specimen is specifically effective for individual patients.
The rising incidence of infectious diseases globally contributed to the growth of the antimicrobial susceptibility testing market.
The antimicrobial susceptibility testing market is expected to grow from $3.01 billion in 2020 to $3.44 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global antimicrobial susceptibility testing market is expected to reach $4.33 billion in 2025 at a CAGR of 5.9%.
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Some antimicrobial susceptibility testing market trends include the use of rapid antimicrobial susceptibility testing to avoid misuse of antibiotics and to provide effective treatment. There are many ways to perform antimicrobial susceptibility testing in minutes or few hours. FISH (Fluorescence in situ hybridization) is mostly used in rapid antimicrobial susceptibility testing. The PNA-FISH applies peptide nucleic acid probes that allow rapid and specific binding, this process is applied in QuickFish technology (OpGen) it performs identification of microbial by targeting 16s RNA. For instance, the antimicrobial susceptibility testing system by Genefluidics Inc measures bacterial growth by quantifying 16s rRNA molecules using an electrochemical biosensor.
Global antimicrobial susceptibility testing market segments include:
By Type: Antibacterial Testing, Antifungal Testing, Antiparasitic Testing, Others
By Products: Manual Antimicrobial Susceptibility Testing Products, Automated Laboratory Instruments, Consumables
By Application: Diagnostics, Drug Discovery And Development, Epidemiology, Others
By End User: Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Companies, Research And Academic Institutes, Clinical Research Organizations (CROs)
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global antimicrobial susceptibility testing market share.
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The Antimicrobial Susceptibility Testing Global Market Report 2020-30: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides antimicrobial susceptibility testing market overviews, analyzes and forecasts market size, share, antimicrobial susceptibility testing market players, antimicrobial susceptibility testing market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The antimicrobial susceptibility testing identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Antimicrobial Susceptibility Testing Global Market Report 2020-30: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: BioMérieux SA, Becton, Dickinson and Company, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories, Accelerate Diagnostics, Hi-Media Laboratories, Creative Diagnostics, Merck KGaA, Roche Diagnostics Limited, BD, Alifax Holding S.p.A., Synbiosis, Zhuhai DL Biotech Co, Mast Group, ELITechGroup, Genefluidics, Mast Group, CONDALAB, and QuantaMatrix.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Antimicrobial Susceptibility Testing Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Antimicrobial Susceptibility Testing Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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