The increasing prevalence of infections caused by bacterial pathogens and the overuse of antibiotics, the development of better standards for fungal susceptibility, and the increasing use of commercial rapid test systems are some of the factors driving the market.
Jersey City, New JerseyAnd January 20 2022 /PRNewswire/ – Confirmed Market Research recently published a report, “Antimicrobial susceptibility testing marketBy product (automated lab instruments, susceptibility testing discs, manual antimicrobial susceptibility testing products, MIC strips, susceptibility plates, culture and growth media, consumables), by method (dilution, disc diffusion, ETEST, automated testing for antimicrobial susceptibility, and genetic testing methods), by type (antibacterial test, antifungal test, antiparasitic test, other allergy test), by application (clinical diagnosis, drug discovery and development, epidemiology, other applications), by end user (diagnostic centers, hospitals, Pharmaceutical and biotechnology companies, contract research organizations (CROs), research and academic institutes), and by geography.According to validated market research, the global Antimicrobial Susceptibility Test market size has been evaluated in 3.0 billion US dollars In 2020 is expected to reach 4.9 billion USD By 2028, at a compound annual growth rate of 5.1% from 2021 to 2028.
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Overview of the global antimicrobial susceptibility testing market
With the high prevalence of infectious diseases, there is a need to develop a wide range of new antibacterial drugs. Governments around the world are funding research and development for antimicrobial susceptibility testing kits that produce faster results and private companies are both investing heavily in the growth of the antimicrobial susceptibility test market. The adoption of technology in the medical sciences gives way to rapid testing methods and contributes to the growth of the overall antimicrobial susceptibility testing market for the forecast period.
Infectious organisms such as Haemophilus influenzae, Neisseria meningitidis, Streptococcus pneumoniae, Shigella, Vibrio cholerae, Neisseria gonorrhoeae, and serotype Salmonella typhi increase the demand for antimicrobial susceptibility testing kits. Antimicrobial susceptibility testers come with many modern features and functions and are priced accordingly. Incubation and detection times are halved when antimicrobial susceptibility testing methods are used. Unlike other treatments that are used to treat chronic diseases and are used for the rest of their lives, antimicrobial drugs are only used for a short time to treat patients.
This makes antibacterial drugs less expensive for drug companies. The growth of the global market is hampered by this lack of return on investment. On the other hand, the discovery and development of these antimicrobials takes longer time and requires greater resources and more complex techniques. The expansion of the antimicrobial susceptibility testing market is also hampered by the unsatisfactory repayment scenario and low return on investment. The high cost of these systems, on the other hand, is a major obstacle to their further application by end users, especially by small budget organizations.
The main players
The major players in the market are BioMérieux, BD, Danaher and Thermo Fisherand Bio-Rad, Hi-Media, MERLIN, Liofilchem, Accelerate, and Alifax.
The verified market research has segmented the global Antimicrobial Susceptibility Test market on the basis of product, method, type, application, end user, and geography.
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Antimicrobial susceptibility testing market, by method
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Antimicrobial susceptibility testing market, by end user
Antimicrobial Susceptibility Test Market By Geography
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