Antimicrobial Susceptibility Testing Market Size, Share, Unique Trends Analysis Report By Product And Segment Forecasts 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the antimicrobial susceptibility testing market report by The Business Research Company, The rising incidence of infectious diseases globally contributed to the growth of the antimicrobial susceptibility testing market. Infectious diseases are caused by organisms like bacteria, viruses, fungi and parasites.

The global antimicrobial susceptibility testing market size grew from $3.67 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The antimicrobial susceptibility testing market size is expected to grow to $4.94 billion in 2027 at a CAGR of 6.0%.

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Major competitors in the antimicrobial susceptibility testing market include BioMérieux SA, Becton, Dickinson and Company, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories, Accelerate Diagnostics, Hi-Media Laboratories, Creative Diagnostics, Merck KGaA, Roche Diagnostics Limited, BD, Alifax Holding S.p.A., Synbiosis, Zhuhai DL Biotech Co, Mast Group, ELITechGroup, Genefluidics, Mast Group, CONDALAB, and QuantaMatrix.

The antimicrobial susceptibility testing market is segmented -
• By Type: Antibacterial Testing, Antifungal Testing, Antiparasitic Testing, Other Types
• By Products: Manual Antimicrobial Susceptibility Testing Products, Automated Laboratory Instruments, Consumables
• By Application: Diagnostics, Drug Discovery and Development, Epidemiology, Other Applications
• By End User: Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Companies, Research And Academic Institutes, Clinical Research Organizations (CROs). North America was the largest region in the antimicrobial susceptibility testing market.

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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 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.

The Table Of Content For The Antimicrobial susceptibility testing Market Include:
1. Executive Summary
2. Antimicrobial Susceptibility Testing Market Characteristics
3. Antimicrobial Susceptibility Testing Market Trends And Strategies
4. Antimicrobial Susceptibility Testing Market - Macro Economic Scenario
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

The "Global Antimicrobial Susceptibility Testing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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