Industry Background:
AntibioticSensitivity testing is a technique for determining whether or not a single organism or group of organisms is susceptible to an antibiotic. The most commonly used research methods for determining Antibiotic susceptibility are broth microdilution or rapid automated instrument methods. Commercially, these techniques are used and sold for products and equipment. It also aids in the evaluation of therapeutic services provided by hospitals, national initiatives, and clinics around the world in order to control and prevent infectious diseases. Various researchers have recently introduced continuous surveillance over behaviors to study the patterns of resistance to bacterial DNA mutations. Antibiotic resistance tests identify bacteria or fungi, as well as their antibody sensitivity. This testing is normally performed with a Gram stain and culture, which allows for faster results. Antibiotic susceptibility testing also assists the physician in selecting the appropriate medication and dose for the infection.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | bioMérieux SA (France), Becton, Dickinson, and Company (United States), Thermo Fisher Scientific (United States), Cepheid (United States), Bio-Rad Laboratories, Inc. (United States), Roche Diagnostics Limited (Switzerland), Accelerate Diagnostics, Inc. (United States), Merck KGaA (United States), Hi-Media Laboratories (India) and LiofilchemS.r.l. (Italy) |
This growth is primarily driven by Increasing Prevalence of Multi-Drug Resistance Organisms and Rising Use of Antimicrobial Susceptibility Testing by Pharmaceutical Companies.
Globally, a noticeable market trend is evident Growing Awareness of Precision Medicine
Major Players, such as bioMérieux SA (France), Becton, Dickinson, and Company (United States), Thermo Fisher Scientific (United States), Cepheid (United States), Bio-Rad Laboratories, Inc. (United States), Roche Diagnostics Limited (Switzerland), Accelerate Diagnostics, Inc. (United States), Merck KGaA (United States), Hi-Media Laboratories (India) and LiofilchemS.r.l. (Italy) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
March 2020 – Cepheid announced it has received Emergency Use Authorization (EUA) from the U.S. Food & Drug Administration (FDA) for Xpert Xpress SARS-CoV-2, a rapid molecular diagnostic test for qualitative detection of SARS-CoV-2, the virus causing COVID-19. The test has been designed to operate on any of Cepheid's more than 23,000 automated GeneXpert Systems worldwide, with a detection time of approximately 45 minutes.
Antibiotic Sensitivity Testing Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Prevalence of Multi-Drug Resistance Organisms
- Rising Use of Antimicrobial Susceptibility Testing by Pharmaceutical Companies
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Influencing Trends | - Growing Awareness of Precision Medicine
- The Rising Global Burden of Infectious Diseases
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Restraints | - Unavailability of Medical Reimbursements For Microbial Testing Procedures
- High Associated Costs
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Gaps & Opportunities | - Increasing Funding, Research Grants, and Public-Private Investments in the Market
- Growing government initiatives to detect and control antimicrobial-resistant species
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Antibiotic Sensitivity Testing Market
- Analysis about New Entrants in Antibiotic Sensitivity Testing Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Antibiotic Sensitivity Testing Study Sheds Light on
The Antibiotic Sensitivity Testing Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Antibiotic Sensitivity Testing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Antibiotic Sensitivity Testing industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.