This report provides detailed historical analysis of global market for Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.
Vancouver, BC -- (SBWIRE) -- 01/22/2021 -- Market Size – USD 3,069.5 Million in 2019, Market Growth - CAGR of 5.1%, Market Trends –Increased funding for research and development in antibiotic susceptibility testing /antibiotic sensitivity testing market
Antimicrobial susceptibility testing or antibiotic sensitivity testing is the way to choose the most effective antibiotic against specific kinds of fungus or bacteria that are affecting an individual. It is a widely used method of determining patient treatment plans in clinical settings. In other words, this testing is used to evaluate antibiotic resistance. The testing is conducted through several methods, including broth dilution, disc diffusion assays, and agar dilution. Automation is widely used to increase the speed of testing, which also helps increase the repeatability of this testing. During the forecast period, the global antimicrobial susceptibility testing or antibiotic sensitivity testing market is expected to reach USD 4.2 billion.
This report on the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market equips the reader with all essential tools to decipher their standing in the industry based on the growth of revenue or sales. It provides a comprehensive evaluation of the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market. It also focuses on both the global as well as the regional expansion of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry to give an overall analysis.
Key participants in the antibiotic susceptibility testing/ antibiotic sensitivity testing market include Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., and Becton, Dickinson, and Company, among others.
You Can Download Free Sample PDF Copy of Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market at https://www.emergenresearch.com/request-sample-form/381
Market Drivers
During the forecast period, the CAGR of the global antimicrobial susceptibility testing or antibiotic sensitivity testing market is projected to be 5.5%. The major factors propelling the demand for antimicrobial susceptibility testing or antibiotic sensitivity testing products include a growing number of infections caused by Vibrio Cholera, Shigella, Neisseria meningitides, etc. Additionally, increase in the use of rapid commercial AST systems is another factor that can be responsible to boost market growth in the coming years.
Regional Outlook
For the global antimicrobial susceptibility testing or antibiotic sensitivity testing market, North America had the largest market share in 2019 and is expected to show significant growth in the future. Major regions contributing to this market are Asia Pacific, Europe, Middle East & Africa, and Latin America.
Get access to FREE Sample PDF Copy of Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market at https://www.emergenresearch.com/request-sample-form/381
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/Sensitivity Testing
Antiparasitic Susceptibility/Sensitivity Testing
Antifungal Susceptibility/Sensitivity Testing
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Drug Discovery & Development
Clinical Diagnostics
Epidemiology
Others
Method Outlook (Revenue, USD Billion; 2017-2027)
Disk Diffusion
Etest Method
Automated Susceptibility Testing Instruments
Genotyping Method
Agar Dilution
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals
Pharmaceutical Companies
Diagnostic Centers
Clinical Research Organizations
Research Institutes
The study explores in details about the recent trend fast gaining momentum in the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry due to factors including but not limited to growing customer preference and a sudden rise in their spending capacity. Aspects attributed to the gross margin, profit, supply chain management and product value and their considerable impact on the development of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market during the forecast period, 2020 – 2027 is carefully scrutinized during the research.
Browse complete report description and visit our website @ https://www.emergenresearch.com/industry-report/antimicrobial-susceptibility-testing-market
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Antimicrobial Susceptibility Testing Market Segmentation & Impact Analysis
4.1. Antimicrobial Susceptibility Testing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing prevalence of infectious diseases
4.2.2.2. Growing resistance of microbes to different drugs
4.2.2.3. Increased funding for research and development
4.2.2.4. Growing advancements in rapid antimicrobial susceptibility testing
4.2.3. Market restraints analysis
4.2.3.1. High cost associated with antimicrobial susceptibility test
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Antimicrobial Susceptibility Testing Market By Component Insights & Trends, Revenue (USD Million)
5.1. Component Dynamics & Market Share, 2019 & 2027
5.1.1. Manual Antimicrobial Susceptibility Testing Products
5.1.2. Automated Laboratory Instruments
5.1.3. Culture & Growth Media
5.1.4. Consumables
Chapter 6. Antimicrobial Susceptibility Testing Market By Type Insights & Trends Revenue (USD Million)
6.1. Type Dynamics & Market Share, 2019 & 2027
6.1.1. Antibacterial Susceptibility Testing
6.1.2. Antiparasitic Susceptibility Testing
6.1.3. Antifungal Susceptibility Testing
6.1.4. Others
Chapter 7. Antimicrobial Susceptibility Testing Market By Application Insights & Trends Revenue (USD Million)
7.1. Application Dynamics & Market Share, 2019 & 2027
7.1.1. Drug Discovery & Development
7.1.2. Clinical Diagnostics
7.1.3. Epidemiology
7.1.4. Others
Chapter 8. Antimicrobial Susceptibility Testing Market By Method Insights & Trends Revenue (USD Million)
8.1. Method Dynamics & Market Share, 2019 & 2027
8.1.1. Disk Diffusion
8.1.2. Etest Method
8.1.3. Automated Susceptibility Testing Instruments
8.1.4. Genotyping Method
8.1.5. Agar Dilution
Chapter 9. Antimicrobial Susceptibility Testing Market By End-Users Insights & Trends Revenue (USD Million)
9.1. End-Users Dynamics & Market Share, 2019 & 2027
9.1.1. Hospitals
9.1.2. Pharmaceutical Companies
9.1.3. Diagnostic Centers
9.1.4. Clinical Research Organizations
9.1.5. Research Institutes
Continued…