Antimicrobial Susceptibility Testing Market Size by 2025
According to the new market research report Antimicrobial Susceptibility Testing Market Trends by Product (Manual, Automated Susceptibility Testing System), Type (Antibacterial, Antifungal), Application (Clinical Diagnostics), Method (ETEST, Disk Diffusion), End-User - Global Forecasts to 2025, published by MarketsandMarkets™, the 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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Growth
in this market is primarily driven by the rising incidence of
infectious diseases; technological advancements towards the development
of rapid AST technologies; increased funding, research grants, and
public-private investments; growing government initiatives to detect and
control antimicrobial-resistant species; and the emergence of multidrug
resistance due to drug abuse.
Opportunity: Awareness initiatives for antimicrobial resistance and its control
Antimicrobial
susceptibility tests play a significant role in detecting the
resistance of bacteria to antibiotics. Healthcare authorities are
increasingly becoming aware of the significance of antimicrobial
susceptibility to ensure the efficacy and safety of AST methods. Various
initiatives—for instance, the Global Sepsis Alliance (GSA), a
non-profit organization located in the US, works to support over one
million caregivers in more than 70 countries and increase awareness
about sepsis and its management. Likewise, in the US, the CDC launched a
new website, Antibiotic / Antimicrobial Resistance (AR / AMR), to
increase AMR awareness and support the early recognition, diagnosis, and
treatment of antibiotic resistance. Along with this, various local
government and intergovernmental organizations such as the WHO, EU,
Transatlantic Task Force on Antimicrobial Resistance (TATFAR), and
Global Health Security Agenda (GHSA) are developing and implementing
plans and efforts to tackle antimicrobial resistance.
Based on
application, the antimicrobial susceptibility testing market share 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.
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).
North America, comprising the US
and Canada, accounted for the largest share of the antimicrobial
susceptibility testing market size 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), Roche Diagnostics Limited (Switzerland), Accelerate
Diagnostics, Inc. (US), Merck KGaA (US), Hi-Media Laboratories (India),
Liofilchem S.r.l. (Italy), Alifax S.r.l. (Italy), Creative Diagnostics
(US), Synbiosis (UK), Bioanalyse (Turkey), ZHUHAI DL BIOTECH Co., Ltd.
(China), ELITechGroup (France), Mast Group Ltd. (UK), CONDALAB (Spain),
Genefluidics, Inc. (US), 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 AST market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
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https://www.marketsandmarkets.com/Market-Reports/sepsis-diagnostic-market-92673155.html
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