The global antimicrobial susceptibility testing market is projected to be worth USD 4,587.1 Million by 2027, according to a current analysis by Emergen Research. The antimicrobial/antibiotic susceptibility testing/antibiotic sensitivity testing market is observing high demand attributed to the growing prevalence of the infectious disease. Emerging infectious diseases pose a substantial burden on public health and economies worldwide and are considered to be triggered essentially by socio-economic, ecological, and environmental factors. The recent outbreak of the COVID-19 pandemic dramatically has raised cognizance of the worldwide burden of infectious disease and about the readiness of public health systems to combat the spread of such diseases.
The growing prevalence of infectious diseases is one of the significant factors influencing antibiotic susceptibility testing market growth.
Increase funding for research and development of antimicrobial susceptibility testing/ antibiotic susceptibility testing is a crucial factor in driving the antibiotic sensitivity testing market demand. In February 2020, Becton, Dickinson, and Company made an announcement about the receiving of USD 6.0 million agreement with the Fleming Fund, a program by the Department of Healthcare and Social Care in the UK that aids low and middle-income nations worldwide to tackle antimicrobial resistance. Becton, Dickinson, and Company, through this contract, will offer diagnostic apparatus and informatics solutions to assist in infection diagnosis and help physicians to deliver suitable antimicrobial prescriptions.
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]The major manufacturers covered in this report:
Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., Becton, Dickinson, and Company
Scope of the report:
The study aims to evaluate different segments, their individual development trends, and their contribution towards the growth of the overall industry. Furthermore, the research offers extensive data about the key factors such as the drivers, challenges, restraints and opportunities and their impact on the growth rate. Most importantly, the market intelligence report delivers competitive intelligence data from market evaluation and help companies plan their growth strategies from the consumption volume as well as forecast statistics.
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2017-2027)
- Manual Antimicrobial Susceptibility Testing Products
- Automated Laboratory Instruments
- Culture & Growth Media
- Consumables
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Antibacterial Susceptibility Testing
- Antiparasitic Susceptibility Testing
- Antifungal Susceptibility Testing
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Drug Discovery & Development
- Clinical Diagnostics
- Epidemiology
- Others
This report strategically examines the micro-markets and brings to light the impact of technology upgrades on the performance of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market.
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The study on the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market further blends in the best of both primary and secondary research to estimate and verify the current status of import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
Researchers conducting the research also carry out a comprehensive analysis of the recent amendments in the government regulation and their impact on the competitive landscape of the industry.
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The professional intelligence study on the Antimicrobial Susceptibility Testing market addresses some of the most critical questions:
What market size will 2031 be, and what growth rate will it experience?
What are the key trends in the Market?
What are the driving forces behind the Antimicrobial Susceptibility Testing market?
What are the obstacles to market growth?
Which are the top vendors in this space?
What are the threats and opportunities in the market for key vendors?
What are the strengths or weaknesses of critical vendors?
What are the future opportunities for the players in the Antimicrobial Susceptibility Testing market?
What are the main issues facing the global Antimicrobial Susceptibility Testing market?
How does the competitive landscape look?
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