Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Report: Researching Growth and Sizing for Competitive Advantage

[Isha Deshpande]

The global antimicrobial susceptibility testing market size is expected to reach USD 6.08 Billion at a steady revenue CAGR of 5.5% in 2032, according to latest analysis by Emergen Research. Antimicrobial susceptibility testing market revenue growth is expected to be driven by need for newer and more effective drugs due to rising multi-drug resistance in individuals. Antimicrobial Resistance (AMR) is a major threat to world health in the 21st century and calls for immediate action, according to the WHO. Drug-resistant illnesses already claim the lives of over 700,000 individuals annually, and by 2050, that number is expected to increase to 10 million. 

The researchers behind the market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market for the forecast period. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.

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Competitive Terrain:

The global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., Becton, Dickinson, and Company

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Additional information offered by the report:

• Along with a complete overview of the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Emergen Research has segmented the global antimicrobial susceptibility testing market on the basis of product, type, method, application, end-use, and region:

• Product Outlook (Revenue, USD Billion; 2019–2032)

  • Manual Antimicrobial Susceptibility Testing Products
    1. Susceptibility Testing Disks
    2. MIC Strips
    3. Susceptibility Testing Plates
  • Automated Laboratory Instruments
  • Culture and Growth Media
  • Consumables

• Type Outlook (Revenue, USD Billion; 2019–2032)

  • Antibacterial Susceptibility Testing
  • Antifungal Susceptibility Testing
  • Antiparasitic Susceptibility Testing
  • Others (slow-growing pathogens)

• Method Outlook (Revenue, USD Billion; 2019–2032)

  • Etest Method
  • Disk Diffusion
  • Automated Susceptibility Testing Instruments
  • Agar Dilution
  • Genotyping Methods

• Application Outlook (Revenue, USD Billion; 2019–2032)           

  • Clinical Diagnostics
  • Drug Discovery and Development
  • Epidemiology
  • Others
    1. Research and academic applications
    2. Bioterrorism surveillance
    3. Environmental monitoring

Radical Highlights of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Report:

• Comprehensive overview of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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