Antimicrobial Susceptibility Testing Market reached US$ 3,467.54 million in 2023 and is expected to reach US$ 5,430.20 billion by 2031 - bioMérieux S.A., Danaher Corporation, Becton.

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.

Antimicrobial Susceptibility Testing Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Antimicrobial susceptibility testing (AST) is a laboratory method used to determine the effectiveness of antibiotics against specific bacterial or fungal infections. It helps guide clinicians in selecting the most effective treatment, reducing antibiotic resistance. Methods include disk diffusion, broth dilution, and automated testing systems. AST is crucial in healthcare and pharmaceutical research for monitoring resistance patterns. The increasing prevalence of drug-resistant infections is driving advancements in antimicrobial testing technologies.

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.

Industry Development:

❁ In October 2021, Thermo Fisher Scientific and Q-linea introduced ASTar Technology, a cutting-edge antimicrobial susceptibility testing (AST) system. This system provides accurate minimum inhibitory concentration (MIC) results in less than six hours, a significant improvement compared to conventional AST methods that typically take up to 72 hours. By offering rapid and reliable results, the ASTar Technology helps clinicians make quicker decisions regarding appropriate antibiotic treatments, thus aiding in the fight against antimicrobial resistance and improving patient outcomes. This partnership aims to address the urgent need for faster diagnostic solutions in microbiology.

Market Dynamics:

Antimicrobial resistance (AMR) has emerged as a major global public health threat, with antibiotic resistance reaching dangerously high levels worldwide, leading to increased morbidity and mortality, according to the World Health Organization (WHO). The World Bank estimates that drug-resistant infections could push 28 million people into extreme poverty annually by 2050, with a projected economic cost of USD 1 trillion per year. Rapid and accurate detection of antimicrobial drug resistance, coupled with appropriate treatment and antimicrobial stewardship, is essential to controlling AMR. The most effective bacterial infection treatments depend on Antimicrobial Susceptibility Testing (AST), a routine clinical microbiology laboratory practice that provides crucial data on local antimicrobial susceptibility patterns. These reports guide healthcare professionals in selecting the most effective antibiotic therapy; for instance, if a pathogen's AMR rate exceeds 20%, that drug should not be used as a single empiric therapy for infection treatment.

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Growth Forecast Projected:

The Global Antimicrobial Susceptibility Testing Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

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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.

Regional Analysis for Antimicrobial Susceptibility Testing Market:

The regional analysis of the Antimicrobial Susceptibility Testing Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Antimicrobial Susceptibility Testing market?

➠ Who are the leading manufacturers in the global Antimicrobial Susceptibility Testing industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Antimicrobial Susceptibility Testing industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Antimicrobial Susceptibility Testing market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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