Antimicrobial Susceptibility Testing Market Report Analysis and Research Studies: bioMérieux S.A., Danaher Corporation, Becton, Dickinson and Company, Thermo Fisher Scientific Inc

DataM Intelligence has released a new research report on the Antimicrobial Susceptibility Testing market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Global Antimicrobial Susceptibility Testing Market reached US$ 3,467.54 million in 2023 and is expected to reach US$ 5,430.20 billion by 2031, growing at a CAGR of 5.9% during the forecast period 2024-2031.

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Antimicrobial susceptibility testing (AST) is a laboratory procedure used to determine the effectiveness of specific antimicrobial agents (such as antibiotics, antifungals, and antivirals) against pathogens isolated from clinical specimens. The primary goal of AST is to identify which antimicrobial agents can effectively inhibit the growth of a microorganism, thereby guiding clinicians in selecting appropriate treatment options for infections.

List of the Key Players in the Antimicrobial Susceptibility Testing Market:

bioMérieux S.A., Danaher Corporation, Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Merck Group, HiMedia Laboratories, Alifax Holding S.p.A., Creative Diagnostics, and Synbiosis

Key Developments:

In October 2021, Thermo Fisher Scientific and Q-linea introduced ASTar Technology, a rapid antimicrobial susceptibility testing (AST) system that delivers true minimum inhibitory concentration (MIC) data in under 6 hours. In contrast, traditional AST methods can take up to 72 hours to yield results.

Research Process:

Both primary and secondary data sources have been used in the global Antimicrobial Susceptibility Testing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Antimicrobial Susceptibility Testing Market:

By Product Type: Manual Antimicrobial Susceptibility Testing Products, Susceptibility Testing Disks, MIC Strips, Susceptibility Plates, Automated Laboratory Instruments, Consumables

By Method: Broth Dilution Method, Rapid Automated Method, Disk Diffusion Method, Gradient Diffusion Method, Molecular Testing Method

By Test Type: Antibacterial, Antifungal, Antiparasitics, Others

By Application: Clinical Diagnosis, Drug Discovery and Development, Others

By End User: Diagnostic Centers and Hospitals, Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), Research and Academic Institutes

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Antimicrobial Susceptibility Testing market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Antimicrobial Susceptibility Testing Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Antimicrobial Susceptibility Testing market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Antimicrobial Susceptibility Testing Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Antimicrobial Susceptibility Testing market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Antimicrobial Susceptibility Testing market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Antimicrobial Susceptibility Testing market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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