Antimicrobial Susceptibility Testing Market Scenario
Rising investments in Antimicrobial Susceptibility Testing research, technological advancements in the field of antimicrobial susceptibility testing and rising incidence of infectious diseases coupled with epidemic & pandemic events are some of the major factors propelling the Antimicrobial Susceptibility Testing market globally. Furthermore, growing government initiatives to detect and control antimicrobial-resistant species is also one of the factor propelling the growth of Antimicrobial Susceptibility Testing market. However, high cost of automated ID/AST systems is one of the major factor expected to hamper the global growth of the market.
Antimicrobial Susceptibility Testing Market Segmentation
The report analyses the Global Antimicrobial Susceptibility Testing Market based on Product, Type, Method, Application, End User and Geography. The Product studied in the report are Manual Antimicrobial Susceptibility Testing Products (Susceptibility Testing Disks, Mic Strips and Susceptibility Testing Plates), Automated Laboratory Instruments, Culture & Growth Media and Consumables. Furthermore, the Type comprises of Antibacterial Susceptibility Testing, Antifungal Susceptibility Testing, Antiparasitic Susceptibility Testing and Other Susceptibility Testing Types. Moreover, the Method include Agar Dilution, Automated Antimicrobial Susceptibility Testing Method, Disk Diffusion, Etest Method and Genotypic Methods. Likewise, various Applications of Antimicrobial Susceptibility Testing are Clinical Diagnostics, Drug Discovery and Development, Epidemiology and Other Applications. In addition, this tests are used in various End User such as Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Companies, Research & Academic Institutes and Contract Research Organizations. Additionally, the Global Antimicrobial Susceptibility Testing Market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
Antimicrobial Susceptibility Testing Market by Geography
Based on geography, the Antimicrobial Susceptibility Testing market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is anticipated to hold the major share of the global Antimicrobial Susceptibility Testing market. The US dominated the North American AST market in 2019. Likewise, Favorable government initiatives in the Canada is expected to rise the market growth during the forecast period.
Antimicrobial Susceptibility Testing Market Key Players
Some of the major players operating in the global Antimicrobial Susceptibility Testing market includes Accelerate Diagnostics, INC., Alifax S.R.L., Becton, Dickinson and Company, Bioanalyse, Biomérieux SA, Bio-Rad Laboratories, INC., Bruker, Creative Diagnostics, Danaher Corporation, Himedia Laboratories, Liofilchem S.R.L., Merck KGAA, Roche Diagnostics, Synbiosis and Thermo Fisher Scientific. Many companies in this market implement initiatives such as mergers and acquisitions, product developments, and geographic penetration to compete in the market.
Antimicrobial Susceptibility Testing Market Report Key Benefits