Report Format: PDF
Published Date: Oct-2018 | 178 Pages | Report ID: VSR001316
Global Antimicrobial Susceptibility Testing Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.25 % from 2018 to 2025. In 2017, the global market valuation was USD 3.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Specific antibiotics for the treatment of a particular infection induced by bacteria or fungus are tested using antimicrobial susceptibility tests. A susceptibility screening for antimicrobials is crucial in order to define antibiotic therapy for clients and combat antibiotic opposition. The development of the worldwide industry for antimicrobial susceptibility testing from 2018 to 2025 is driven by the increase in the numbers of bacterial and fungal infections.
The worldwide demand for antimicrobial susceptibility tests is driven by such factors as increased microbial opposition, increased microscopic diseases, the need for fresh widespread medicines and the rise of consciousness of disease command within dental service. The world antimicrobial sensibility test market is, however, probable to be curbed by the improper diagnosis, poor patient compliance, patent expiry, absence of exchange on capital and strict legislative processes. Geographically, North America is expected to be the highest growing region in the global market of antimicrobial susceptibility testing (AST).
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global antimicrobial susceptibility testing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global antimicrobial susceptibility testing market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global antimicrobial susceptibility testing market has been segmented into manual, automated system, Disks, MIC Strips, and media. It is anticipated that the machine susceptibility screening section will be the biggest increase in the worldwide AST industry in 2018. This is ascribed to variables such as the enhanced incidence of infectious diseases that lead to a growing request for products and advantages for susceptibility screening such as small costs and convenience of use.
By Application Insights: On the basis of application, global antimicrobial susceptibility testing market has been segmented into clinical, drug discovery. The most important part in latest years was clinical diagnostics. The big market share of this section of implementation is accountable for a variety of variables, including the increase of infectious disease incidence, the rising toll of antimicrobial resistance and increased knowledge of the use of genetic antimicrobials susceptibility test techniques.
By End User Insights: On the basis of end-user, global antimicrobial susceptibility testing market has been segmented into labs, hospitals. It is predicted that 2018 will be the hospital and test laboratories that account for the biggest proportion of the antimicrobial susceptibility research industry. The growing incidence of invasive illnesses, the increase in education and the growing amount of projects for stronger antibiotic utilization are some of the variables influencing this sector's development.
Regional Analysis
The antimicrobial susceptibility testing market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The worldwide AST industry in North America should be dominated mainly by simple availability and easier application of sophisticated techniques and goods for susceptibility testing. A further important element promoting the development of this national section within the worldwide economy is the growing incidence of antimicrobial opposition in North America.
Asia Pacific is anticipated to develop at the highest possible CAGR with developed countries progressively crowded economies and AST producers and distributors focusing on the Asian economy. For the antimicrobial susceptibility test industry, Europe is a prospective area. The development of the industry is a significant variable in increasing numbers of diseases in this Region.
Global Antimicrobial Susceptibility Testing Market Size, Share Analysis by Region 2017
Global Antimicrobial Susceptibility Testing Market Study Objective
1. To forecast the market size of antimicrobial susceptibility testing market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of antimicrobial susceptibility testing market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of antimicrobial susceptibility testing market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of antimicrobial susceptibility testing market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the antimicrobial susceptibility testing market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Bio-Rad Laboratories, Inc., Beckman Coulter, Inc., Thermo Fisher Scientific, Inc., Becton, Dickinson and Company, Conda, Creative Diagnostics, HiMedia Laboratories, Alifax Holding S.p.A., Danaher Corporation, and Biotron Healthcare are some of the key players in the market of antimicrobial susceptibility testing.
Global Antimicrobial Susceptibility Testing Market Study Report Offer You!
The global antimicrobial susceptibility testing market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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