Press release
Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market (2020-2027) - Growth, Trends, COVID-19 Impact, and Forecasts
The latest market report published by Emergen Research, titled “Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market”, presents an accurate analysis of the estimated market size, share, revenue, and sales & distribution networks of the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market over the forecast period. The report offers an exhaustive overview of the market, along with a precise summary of the market’s leading regions. Our team of analysts has studied the existing competitive landscape of the market inside out, focusing on the leading companies and their business expansion strategies. The report ends with conclusive data offering useful insights into the market growth on both regional and global levels.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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Key Highlights From The Report
• In September 2020, Accelerate Diagnostics declared the receiving of the US Food and Drug Administration (FDA) approval for novel product improvements to the Accelerate Pheno® system to enhance effectiveness and increase the antibiotic sensitivity testing /antimicrobial susceptibility testing (AST) menu system for blood infections.
• Russia, India, China, Brazil, and South Africa are major contributing countries, where 76% of the rise in antibiotic/antimicrobial consumption has been estimated.
• A joint collaboration of the Drugs for Neglected Diseases initiative (DNDi) and the World Health Organization, GARDP supports R&D via public-private partnerships. It is expected that by the year 2023, the collaboration intends to develop up to four innovative treatments by improving current antibiotics and expediting new antibiotic drug entry.
• 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.
Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Segmentation:
The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.
• Component Outlook (Revenue, USD Billion; 2017-2027)
o Manual Antimicrobial Susceptibility Testing Products
o Automated Laboratory Instruments
o Culture & Growth Media
o Consumables
• Type Outlook (Revenue, USD Billion; 2017-2027)
o Antibacterial Susceptibility/Sensitivity Testing
o Antiparasitic Susceptibility/Sensitivity Testing
o Antifungal Susceptibility/Sensitivity Testing
o Others
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Drug Discovery & Development
o Clinical Diagnostics
o Epidemiology
o Others
• Method Outlook (Revenue, USD Billion; 2017-2027)
o Disk Diffusion
o Etest Method
o Automated Susceptibility Testing Instruments
o Genotyping Method
o Agar Dilution
• End-Users Outlook (Revenue, USD Billion; 2017-2027)
o Hospitals
o Pharmaceutical Companies
o Diagnostic Centers
o Clinical Research Organizations
o Research Institutes
Key Geographies Encompassed in the Report:
• North America (U.S., Canada)
• Europe (U.K., Germany, Italy, France, Rest of EU)
• AsiaPacific (India, Japan, China, Australia, Rest of APAC)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Additionally, the report analyzes the principal strategies implemented by the companies operating across this industry vertical, such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, to strengthen their global footprint. The report aims to offer a holistic examination of the industry’s relevant features to the interested readers in a bid to help them leverage future growth prospects.
Key questions addressed in the report:
• Which factors could potentially hamper the global market growth during the forecast period?
• How is the raw material availability affecting the demand for Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing in this industry vertical?
• Which regional market offers the most attractive growth opportunities to the companies operating in this market?
• Who are the leading players dominating the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity 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
READ MORE…!
Gain access to the full report by clicking here on the link @ https://www.emergenresearch.com/industry-report/antimicrobial-susceptibility-testing-market
Thank you for reading our report. For further queries or for report customization, please get in touch with us. Our team will ensure you get the report best suited for your needs.
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Smart Harvest Market@ https://www.emergenresearch.com/industry-report/smart-harvest-market
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Emergen Research | Web: www.emergenresearch.com
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About Emergen Research
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 analyze 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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