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At a CAGR of 7.3% | Antimicrobial Susceptibility Testing Market Size Segmented By Product Type, By Method type

12-19-2022 03:03 PM CET | Health & Medicine

Press release from: Allied Market Research

Antimicrobial Susceptibility Testing Market Segmentation

Antimicrobial Susceptibility Testing Market Segmentation

Based on product type, the manual products segment accounted for the largest market share in 2020, contributing to more than half of the total share, and is anticipated to maintain the lead during the forecast period. On the other hand, the automated products segment is anticipated to manifest the fastest CAGR of 7.3% from 2021 to 2030.

Based on method type, the disk diffusion segment contributed to the largest share in 2020, accounting for more than two-fifths of the global antimicrobial susceptibility testing market. The same segment is expected to lead throughout the forecast period. However, the rapid automation method segment is expected to manifest the highest CAGR of 7.8% from 2021 to 2030.

Based on region, North America contributed to the highest share in 2020, holding more than two-fifths of the total share, and is anticipated to lead during the forecast period. However, Asia-Pacific is expected to portray the fastest CAGR of 7.9% from 2021 to 2030.

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According to the report published by Allied Market Research, The Global Antimicrobial Susceptibility Testing Market Size was valued at USD 3.04 billion in 2020, is poised to Reach USD 4.73 billion by 2030, witnessing a Growing CAGR of 5.8% from 2021 to 2031.

Leading players of the global antimicrobial susceptibility testing market analyzed in the research include Accelerate Diagnostics, Inc., Biomerieux SA, Becton, Merck KGaA (MilliporeSigma), Dickinson and Company, Bruker, Danaher Corporation (Beckman Coulter), Bio-Rad Laboratories, Inc., HiMedia Laboratories, F. Hoffmann-La Roche AG, and Thermo Fisher Scientific.

Increase in the prevalence of hospital acquired infections, surge in patient population base especially in developing economies, and improved government awareness to fight antimicrobial resistance are a few of the key factors that drive the global antimicrobial susceptibility testing market. The global antimicrobial susceptibility testing market is expanding, due to the increase in the prevalence of infectious diseases, epidemics, and the COVID-19 pandemic.

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By Region Outlook

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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