Antimicrobial Susceptibility Testing Market : Emerging Technologies and Trends | CAGR of 5.8% from 2021 to 2030
According to the report published by Allied Market Research, the global antimicrobial susceptibility testing market generated $3.04 billion in 2020, and is anticipated to reach $4.73 billion by 2030, manifesting a CAGR of 5.8% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
The global antimicrobial susceptibility testing market is experiencing growth driven by key factors such as a rise in the prevalence of hospital-acquired infections, an increase in the patient population, particularly in developing economies, and enhanced government awareness to combat antimicrobial resistance. Furthermore, the market is expanding due to the growing incidence of infectious diseases, epidemics, and the impact of the COVID-19 pandemic.
Click To Get Sample Copy: https://www.alliedmarketresearch.com/request-sample/10647
Impact of COVID-19 on Antimicrobial Susceptibility Testing Market-
In the post-COVID-19 era, healthcare providers and medical facilities recognize the significance of conducting antimicrobial susceptibility tests (ASTs). Clinical microbiology laboratories are actively employing these tests, which determine the susceptibility of fungi, bacteria, or viral strains to a range of antibiotics, antifungals, and antivirals. This underscores the importance of ASTs in managing COVID-19 infections.
In 2020, North America accounted for the largest share, contributing more than two-fifths of the total market share and is projected to maintain its leadership throughout the forecast period. On the other hand, Asia-Pacific is poised to exhibit the fastest Compound Annual Growth Rate (CAGR) of 7.9% from 2021 to 2030.Key Findings Of The Study
- By product type, the manual segment was the highest contributor to the market in 2020.
- On the basis of method type, the disk diffusion segment dominated the market in 2020
- Depending on end user, the hospitals and diagnostic laboratories exhibited the highest growth in 2020, and is expected to continue this trend during the forecast period.
- Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
Key Benefits For Stakeholders
- The study provides an in-depth analysis of the antimicrobial susceptibility testing market, and the current trends and future estimations to elucidate the imminent investment pockets.
- It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
- Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Key Market Segments
By Product Type
- Manual Products
- Consumables
- Automated Products
By Method Type
- ETEST
- Disks Diffusion
- Rapid Automation Method
- Others
By End User
- Hospitals & Diagnostic Laboratories
- Pharmaceutical & Biotechnology Companies
- Others
If opting for the Global version of Antimicrobial Susceptibility Testing
Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Key Market Players
- Accelerate Diagnostics, Inc.
- Becton, Dickinson and Company,
- Biomerieux SA,
- Bio-Rad Laboratories, Inc.,
- Bruker,
- Danaher Corporation (Beckman Coulter),
- F. Hoffmann-La Roche AG,
- HiMedia Laboratories,
- Merck KGaA (MilliporeSigma),
- Thermo Fisher Scientific
Other Trending Reports in Life Science Domain-
Cancer Supportive Care Drugs Market https://www.alliedmarketresearch.com/cancer-supportive-care-drugs-market-A07133
UK IVF Market https://www.alliedmarketresearch.com/uk-ivf-market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Editor Details
-
Company:
- The Wire Times
