Antimicrobial Susceptibility Testing Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Antimicrobial Susceptibility Testing Market”.Key business insights, pricing and demand analyses, and a competitive landscape are all included in the research. The report provides the current state of the Antimicrobial Susceptibility Testing Market by thorough analysis, and projections are made up to 2030.
Antimicrobial Susceptibility Testing Market is expected to grow at a CAGR of 5.6% during the forecast period and the market size is expected to reach nearly US$ 7.69 Bn. by 2029.
Antimicrobial Susceptibility Testing Market Dynamics:
Antimicrobial Susceptibility Testing Market to be driven by Rising Occurrence of Infectious Diseases
The market for Antimicrobial Susceptibility Testing is showing a Northward trend. Epidemic outbreaks of infectious pathogens such as Neisseria meningitides, Haemophilus influenza, Streptococcus pneumonia, Shigella, Neisseria gonorrhoeae, Vibrio cholera, and Salmonella serotype Typhi are on the rise, resulting in a rise in demand for antimicrobial susceptibility testing. For instance, in 2019, globally, 1.7 million people were newly infected with HIV, 690 thousand people died of AIDS-related illnesses, and, 38 million people are living with HIV according to the Joint United Nations Programme on HIV/AIDS (UNAIDS). In addition, India and Sub-Sahara carried almost 85% of the global malaria burden, an estimated 228 million cases of malaria were diagnosed worldwide according to the World Malaria Report 2019.
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Antimicrobial Susceptibility Testing Market Regional Insights:
The size and trends in the resistant Antimicrobial Susceptibility Testing Market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
Antimicrobial Susceptibility Testing Market Segmentation:
by Product
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
MIC Strips
Susceptibility Testing Plates
Automated Laboratory Instruments
Culture and Growth Media
Consumables
by Type
Antibacterial Susceptibility Testing
Antifungal Susceptibility Testing
Antiparasitic Susceptibility Testing
Other Susceptibility Testing Types
by Application
Clinical Diagnostics
Drug Discovery and Development
Epidemiology
Other Applications
by End-User
Hospitals and Diagnostic Centers
Pharmaceutical and Biotechnology Companies
Research &Academic Institutes
Clinical Research Organizations (CROs)
by Method
Etest Method
Disk Diffusion
Automated Susceptibility Testing Instruments
Agar Dilution
Genotyping Methods
xx% of the market in 2022 is accounted for by the manual antimicrobial susceptibility testing products sector, which is expected to grow to USD$ billion by 2029. Products for manual antimicrobial susceptibility testing include susceptibility testing plates, discs, and MIC strips. In 2022, the manual susceptibility testing products category held a dominant position in the AST market. The growing prevalence of antibiotic resistance and the growing use of susceptibility testing discs in developing nations are driving the market.
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Antimicrobial Susceptibility Testing Market Key Players:
1. bioMérieux SA
2. Becton
3. Dickinson and Company
4. Thermo Fisher Scientific
5. Danaher Corporation
6. Bio-Rad Laboratories, Inc.
7. Bruker
8. Roche Diagnostics Limited
9. Accelerate Diagnostics, Inc.
10. Merck KGaA
11. Hi-Media Laboratories
12. Liofilchem S.r.l.
13. Alifax S.r.l.
14. Creative Diagnostics
15. Synbiosis
16. Bioanalyse
17. ZHUHAI DL BIOTECH Co., Ltd.
18. ELITechGroup
19. Mast Group Ltd.
20. CONDALAB
21. Genefluidics, Inc.
22. Biotron Ltd
23. InvivoGen
24. MP Biomedicals
25. QuantaMatrix Inc.
26. PML Microbiologicals Inc.
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Key questions answered in the Antimicrobial Susceptibility Testing Market are:
- What is Antimicrobial Susceptibility Testing Market ?
- What was the Antimicrobial Susceptibility Testing Market size in 2023?
- What will be the CAGR at which the Antimicrobial Susceptibility Testing Market will grow?
- What is the growth rate of the Antimicrobial Susceptibility Testing Market ?
- Which are the factors expected to drive the Antimicrobial Susceptibility Testing Market growth?
- What are the different segments of the Antimicrobial Susceptibility Testing Market Market?
- What growth strategies are the players considering to increase their presence in Antimicrobial Susceptibility Testing Market ?
- What are the upcoming industry applications and trends for the Antimicrobial Susceptibility Testing Market ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Antimicrobial Susceptibility Testing Market ?
- Who are the leading companies and what are their portfolios in Antimicrobial Susceptibility Testing Market ?
- What segments are covered in the Antimicrobial Susceptibility Testing Market ?
- Who are the key players in the Antimicrobial Susceptibility Testing Market ?
- Which application holds the highest potential in the Antimicrobial Susceptibility Testing Market ?
- What are the key challenges and opportunities in the Antimicrobial Susceptibility Testing Market ?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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