Press release
Antimicrobial Susceptibility Testing To Witness A High CAGR Value Of 5.9% By 2025 | Bio-Rad Laboratories, Accelerate Diagnostics, Hi-Media Laboratories
‘Antimicrobial Susceptibility Testing Global Market Report 2021– COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the antimicrobial susceptibility testing industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global antimicrobial susceptibility testing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global antimicrobial susceptibility testing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The antimicrobial susceptibility testing market consists of sales of antimicrobial susceptibility testing by entities (organizations, sole traders and partnerships) that are engaged in laboratory services that provide antimicrobial susceptibility testing. Antimicrobial susceptibility testing (AST) is a laboratory procedure done by clinical laboratory professionals to identify which antimicrobial specimen is specifically effective for individual patients.
The antimicrobial susceptibility testing market is expected to grow from $3.01 billion in 2020 to $3.44 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global antimicrobial susceptibility testing market is expected to reach $4.33 billion in 2025 at a CAGR of 5.9%.
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Global antimicrobial susceptibility testing market segmentation In TBRC’s Report is:
1) By Type: Antibacterial Testing, Antifungal Testing, Antiparasitic Testing, Others
2) By Products: Manual Antimicrobial Susceptibility Testing Products, Automated Laboratory Instruments, Consumables
3) By Application: Diagnostics, Drug Discovery And Development, Epidemiology, Others
4) By End User: Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Companies, Research And Academic Institutes, Clinical Research Organizations (CROs)
Major players in the antimicrobial susceptibility testing market are BioMérieux SA, Becton, Dickinson and Company, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories.
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The Table of Contents includes:
1. Executive Summary
2. Antimicrobial Susceptibility Testing Market Characteristics
3. Antimicrobial Susceptibility Testing Market Trends And Strategies
4. Impact Of COVID-19 On Antimicrobial Susceptibility Testing
5. Antimicrobial Susceptibility Testing Market Size And Growth
.....
27. Antimicrobial Susceptibility Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antimicrobial Susceptibility Testing Market
29. Antimicrobial Susceptibility Testing Market Future Outlook And Potential Analysis
30. Appendix
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