According to the new market research report Antimicrobial Susceptibility Testing Market is projected to reach USD 4.2 billion by 2025 from USD 3.2 billion in 2020, at a CAGR of 5.5% during the forecast period.
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The
growth of the antibacterial susceptibility testing systems market is
mainly driven by the growing number of hospitals across major markets,
increasing awareness about diagnosis and the treatment of
hospital-acquired infections coupled with the increasing adoption of
rapid AST methods. Moreover, rising R&D investments by the key
players operating in the market to develop genetics and genotyping-based
AST solutions coupled with growing funding & grants for AST-related
research are other important factors to drive the market growth in the
near future.
Based on type, the antibacterial susceptibility
testing systems segment is expected to account for the largest share of
the AST Market in 2019
Based on type, the antibacterial
susceptibility testing systems market has been segmented into the
antibacterial susceptibility testing, antifungal susceptibility testing,
antiparasitic susceptibility testing, and susceptibility testing types.
Among these, the antibacterial susceptibility testing segment dominated
the market in 2019. The major share of the segment is attributed to the
presence of regulatory guidelines to streamline the process of
antibacterial susceptibility testing, technological advancements, and
the rising burden of antibacterial resistance in developing as well as
developed countries.
The susceptibility testing disks subsegment
of manual antimicrobial susceptibility testing products to hold major
market share by 2025
Based on the product, the antimicrobial
susceptibility testing market is segmented into automated laboratory
instruments, manual antimicrobial susceptibility testing products,
culture and growth media, and consumables. The manual susceptibility
testing products segment is further divided into susceptibility testing
disks, MIC strips, and susceptibility testing plates. Among the manual
antimicrobial susceptibility testing products, the susceptibility
testing disks segment held a major share of the market in 2019. The high
quality, low cost, and ease of use of these products are increasing the
adoption of susceptibility testing disks in emerging countries. Some
prominent players offering susceptibility testing disks include BD (US),
Thermo Fisher Scientific, Inc. (US), Bio-Rad Laboratories, Inc. (US),
and HiMedia Laboratories (India).
The clinical diagnostics segment is expected to register the highest growth rate during the forecast period
Based
on application, the antimicrobial susceptibility testing market has
been segmented into the market is segmented into clinical diagnostics,
drug discovery and development, epidemiology, and other applications.
Significant market growth in the clinical diagnostics segment can be
attributed to the rising burden of infectious diseases, the growing
burden of antimicrobial resistance, and new product launches in the
market.
North America is expected to dominate the global antibacterial susceptibility testing systems market in 2019
North
America, comprising the US and Canada, accounted for the largest share
of the antimicrobial susceptibility testing market in 2019.
Technological advancements in rapid antimicrobial susceptibility testing
systems, rising incidence of infectious diseases (such as AIDS,
tuberculosis, and pertussis), and government support for antimicrobial
resistance-related research are the major factors driving market growth
in North America. As AST through conventional methods is a lengthy
process, customers in North America are moving towards rapid AST
techniques, which require minimal reagents. This trend will have a
positive impact on the automated instruments market.
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bioMérieux
SA (France), Becton, Dickinson and Company (US), Thermo Fisher
Scientific (US), Danaher Corporation (US), Bio-Rad Laboratories, Inc.
(US), Bruker (US), Creative Diagnostics (US), Synbiosis (UK), Bioanalyse
(Turkey), ZHUHAI DL BIOTECH Co., Ltd. (China), Roche Diagnostics
Limited (Switzerland), CONDALAB (Spain), Genefluidics, Inc. (US),
Accelerate Diagnostics, Inc. (US), Merck KGaA (US), Hi-Media
Laboratories (India), Liofilchem S.r.l. (Italy), Alifax S.r.l. (Italy),
ELITechGroup (France), Mast Group Ltd. (UK), Biotron Ltd (Australia),
InvivoGen (US), MP Biomedicals (US), QuantaMatrix Inc. (South Korea),
and PML Microbiologicals Inc. (US), among others are some of the major
players operating in the global Antimicrobial Susceptibility Testing
Market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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Monday, November 1, 2021
Antimicrobial Susceptibility Testing Market Growth by Application, Product and Method - Forecast 2025
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