Antimicrobial susceptibility tests are used to identify the specific antibiotics to be used to treat various infections caused by numerous bacteria or fungus. Antimicrobial susceptibility testing is essential to identify the patients’ antibiotic treatment and fight against antibiotic resistance. The global antimicrobial susceptibility testing market is projected to reach $3.87 billion by 2025 from $2.71 billion in 2017, at a CAGR of 5.1%. The primary factors driving the growth of the antimicrobial susceptibility testing (AST) market include the rising prevalence of infectious diseases. The high cost of automated antimicrobial susceptibility in testing systems and also unfavourable reimbursement scenario is hampering the market growth.
Research Study Objectives:
- Define, estimate, and forecast the Antimicrobial Susceptibility Testing market statistics by platforms, software solutions, services, application areas (Segments), and regions concerning the individual growth drivers, market trends and their contribution toward the Antimicrobial Susceptibility Testing market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Antimicrobial Susceptibility Testing Market Analysis
- Analysis and conclusions on the future Antimicrobial Susceptibility Testing market outlook.
Top-down and bottom-up approaches are used to validate the Antimicrobial Susceptibility Testing Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary
research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Antimicrobial Susceptibility Testing Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Antimicrobial Susceptibility Testing market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Antimicrobial Susceptibility Testing is as follows:
By method
- Disk diffusion
- Automated antimicrobial susceptibility testing
- Dilution
- E-test
- Genotypic Methods
By product
- Manual Antimicrobial Susceptibility Testing Products
- Automated Laboratory Instruments
- Culture and Growth Media
- Consumables
By type
- Antibacterial susceptibility testing
- Antifungal susceptibility testing
- Anti-parasitic susceptibility testing
- Other susceptibility testings
BY APPLICATION
- Clinical Diagnostics
- Drug discovery and development
- Epidemiology
- Other applications
BY END USER
- Diagnostic laboratories and hospitals
- Pharmaceutical and biotechnology companies
- Research and academic institutes
- Contract research organisations
Geographical Analysis:
Antimicrobial Susceptibility Testing Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many
other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Antimicrobial Susceptibility Testing Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Antimicrobial Susceptibility Testing Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Antimicrobial Susceptibility Testing market players, such as
- Accelerate Diagnostics, Inc.
- Halifax
- Becton, Dickinson and Company.
- Bio-Rad Laboratories, Inc.
- Creative Diagnostics.
- Along with these companies, many other companies are considered in the report while analysing the Global Antimicrobial Susceptibility Testing competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.