Antimicrobial Susceptibility Testing Market Analysis by Top Players 2031| Accelerate Diagnostics Inc, ALIFAX Srl,

The global antimicrobial susceptibility testing market size was US$ 2.9 billion in 2021. The global antimicrobial testing market is forecast to grow to US$ 5.5 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030. Antibiotic susceptibility testing is a method for determining whether an antibiotic is effective against a particular pathogen or family of organisms. Broth microdilution or quick automated instrument procedures are the research techniques that are most frequently employed to analyse the susceptibility of microbes to antibiotics.

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Factors Influencing the Market
The rising deployment of antimicrobial susceptibility will primarily fuel the growth of the antimicrobial susceptibility testing market during the study period. In addition, changes in personalized drugs and growing government policies are expected to benefit the antimicrobial susceptibility testing market during the analysis period. The growing cases of multi-drug resistance organisms and rising awareness about the benefits of precision medicine will contribute to the growth of the market. According to a study by Tbfacts.org, nearly 484,000 incident cases of multidrug resistance/ Rifampicin resistance, TB, were recorded in 2018. India accounted for 27% of these cases while 14% of the total cases were recorded in China. In addition to that, the rising number of awareness campaigns will significantly escalate the growth of the antimicrobial susceptibility testing market during the study period. On the flip side, stringent government policies may limit the growth of the market during the analysis period.

COVID-19 Impact Analysis
The limited demand from end-users primarily declined the growth of the antimicrobial susceptibility testing market. The entire healthcare sector emphasized the COVID-19 disease, which restricted the R&D in the antimicrobial susceptibility testing market.

Regional Analysis
North America is forecast to hold the highest share in the antimicrobial susceptibility testing market due to the growing R&D activities intending to develop novel automated AST systems. In addition, the rising prevalence of infectious diseases, increasing safety issues, and technical developments will drive the growth of the antimicrobial susceptibility testing market during the analysis period. Apart from that, a strong presence of industry players is expected to outline the potential of this regional market during the forecast time frame. The market may also witness significant opportunities due to the well-established precision medicine awareness campaigns, advantageous government initiatives, and an increase in the number of research collaborations.

Competitors in the Market
? Accelerate Diagnostics Inc
? ALIFAX Srl
? Becton, Dickinson, and Co.
? bioMerieux SA
? Bio-Rad Laboratories Inc.
? Bruker Corp.
? Danaher Corp.
? Merck KGaA
? Scientific Digital Imaging Plc
? Thermo Fisher Scientific Inc.
? Other Prominent Players

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Market Segmentation
The global antimicrobial susceptibility testing market segmentation focuses on Product, Type, Application, End-User, and Region.
By Product:
? Manual Antimicrobial Susceptibility Testing Products
? Susceptibility Testing Disks
? MIC Strips
? Susceptibility Testing Plates
? Automated Laboratory Instruments
? Culture and Growth Media
? Consumables
By Type:
? Antibacterial Testing
? Antifungal Testing
? Antiparasitic Testing
? Others
By Application:
? Diagnostics
? Drug Discovery and Development
? Epidemiology
? Others
By End-user:
? Hospitals and Diagnostic Centers
? Pharmaceutical and Biotechnology Companies
? Research &Academic Institutes
? Clinical Research Organizations (CROs)
By Region
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America

Key questions answered in the global Antimicrobial Susceptibility Testing report are:

How does a global company acquire markets?
What are its core strategies and policies?
What factors will influence the Antimicrobial Susceptibility Testing market over the forecast period?
What are the factors driving and restraining the market for Antimicrobial Susceptibility Testing market?
What are the leading competitors in the global market?
Which region is growing at a higher pace in the global market?

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