Antimicrobial Susceptibility Testing Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Antimicrobial Susceptibility Testing Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Report Description
Antimicrobial susceptibility testing (AST) confirms susceptibility, detects resistance, and guides the selection of patient therapy. The tests can guide the physician in drug choice and dosage for difficult-to-treat infections. Antibiotic resistance is a major global health concern which requires action across the globe. It is increased due to antibiotic misuse and has become a major global health concern. Current methods for antimicrobial susceptibility testing (AST) used to probe for resistant or nonresistant (susceptible) phenotypes of pathogens, typically requires between two days to one week from the time of sample collection.
Market Dynamics
Emergence of multidrug resistance, globally is impeding the ability to treat common infectious diseases, thereby resulting in prolonged illness, disability, and death. This is expected to increase the adoption of antimicrobial susceptibility testing during the forecast period. Moreover, the healthcare cost for patients with resistant infections is higher as compared to patients with non-resistant infections, owing to longer duration of illness, additional tests, and use of more expensive drugs. For instance, according to the World Health Organization (WHO), in 2016, around 490,000 people developed multi-drug resistant TB globally. Also, drug resistance is a major restraining factor for manufacturers that are focusing on developing drugs for HIV and malaria.
However, requirement of regulatory clearance by the U.S. Food and Drug Administration (FDA) and respective government authorities before marketing a diagnostic device is a major restraining for the antimicrobial susceptibility testing market growth. Moreover, in some countries such as China, FDA registration may be a requirement in addition to the local registration needs.
Key features of the study:
This report provides in-depth analysis of the antimicrobial susceptibility testing market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles key players in the global antimicrobial susceptibility testing market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include bioMérieux S.A., HiMedia Laboratories, Alifax Holding S.p.A., Creative Diagnostics, Resistell AG, Danaher Corporation, Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Merck KGaA, and Bio-Rad Laboratories, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global antimicrobial susceptibility testing market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for antimicrobial susceptibility testing market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:
Global Antimicrobial Susceptibility Testing Market, By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
Global Antimicrobial Susceptibility Testing Market, By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
Global Antimicrobial Susceptibility Testing Market, By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
Global Antimicrobial Susceptibility Testing Market, By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Global Antimicrobial Susceptibility Testing Market, By Region:
North America
By Country:
U.S.
Canada
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Africa
By Country:
South Africa
Central Africa
North Africa
By Product Type:
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Mic Strips
Susceptibility Plates
Automated Laboratory Instruments
Consumables
By Application:
Antibacterial
Antifungal
Anti-parasitic
Antiviral
By Method:
Disk Diffusion
Rapid Automated AST
Broth Dilution
Gradient Diffusion
Genotypic Methods
By End User:
Hospitals
Pathology/Diagnostic Laboratories
Research and Academic Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Company Profiles
bioMérieux S.A.*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
HiMedia Laboratories
Alifax Holding S.p.A.
Creative Diagnostics
Resistell AG
Danaher Corporation
Becton, Dickinson and Company
Thermo Fisher Scientific Inc.
Merck KGaA
Bio-Rad Laboratories, Inc.
“*” marked represents similar segmentation in other categories in the respective section.