Exploring Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Growth and Size with Our Research Company
The global antimicrobial susceptibility testing market size is expected to reach USD 6.08 Billion at a steady revenue CAGR of 5.5% in 2032, according to latest analysis by Emergen Research. Antimicrobial susceptibility testing market revenue growth is expected to be driven by need for newer and more effective drugs due to rising multi-drug resistance in individuals. Antimicrobial Resistance (AMR) is a major threat to world health in the 21st century and calls for immediate action, according to the WHO. Drug-resistant illnesses already claim the lives of over 700,000 individuals annually, and by 2050, that number is expected to increase to 10 million.
A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets, the researchers also dig deep into their future prospect and contribution to the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry. The report on global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focusing on for the estimated period.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., Becton, Dickinson, and Company
Research Report on the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Addresses the Following Key Questions:
- Who are the dominant players of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market?
- What are the key growth drivers and restraining factors of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market and its key segments?
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Emergen Research has segmented the global antimicrobial susceptibility testing market on the basis of product, type, method, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019–2032)
- Manual Antimicrobial Susceptibility Testing Products
- Susceptibility Testing Disks
- MIC Strips
- Susceptibility Testing Plates
- Automated Laboratory Instruments
- Culture and Growth Media
- Consumables
- Manual Antimicrobial Susceptibility Testing Products
Type Outlook (Revenue, USD Billion; 2019–2032)
- Antibacterial Susceptibility Testing
- Antifungal Susceptibility Testing
- Antiparasitic Susceptibility Testing
- Others (slow-growing pathogens)
Method Outlook (Revenue, USD Billion; 2019–2032)
- Etest Method
- Disk Diffusion
- Automated Susceptibility Testing Instruments
- Agar Dilution
- Genotyping Methods
Application Outlook (Revenue, USD Billion; 2019–2032)
- Clinical Diagnostics
- Drug Discovery and Development
- Epidemiology
- Others
- Research and academic applications
- Bioterrorism surveillance
- Environmental monitoring
In conclusion, the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market report is an exhaustive database that will help readers formulate lucrative strategies. The Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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