Market Overview:
Antimicrobial susceptibility testing is a procedure used to determine which antibiotics a specific organism or group of organisms are susceptible to. The antimicrobial susceptibility testing market is expected to grow in the future due to the increasing prevalence of infectious diseases across the globe and government initiatives towards improving the detection and control of antimicrobial-resistant species.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Biomérieux (France), Danaher (United States), BD (United States), Thermo Fisher (United States), Hi-Media (India), Bio-Rad (United States), Merlin (Germany), Liofilchem (Italy), Accelerate (United States), Alifax (Italy), Creative Diagnostics (United States) and Merck Group (Germany) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies 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.
Key Players of Antimicrobial Susceptibility Testing Market Study:
Biomérieux (France), Danaher (United States), BD (United States), Thermo Fisher (United States), Hi-Media (India), Bio-Rad (United States), Merlin (Germany), Liofilchem (Italy), Accelerate (United States), Alifax (Italy), Creative Diagnostics (United States) and Merck Group (Germany)
Antimicrobial Susceptibility Testing Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Clinical Diagnostics, Drug Discovery and Development, Epidemiology and Other Applications |
Type | Antibacterial Susceptibility Testing, Antifungal Susceptibility Testing, Antiparasitic Susceptibility Testing and Other Susceptibility Testing |
Product | Manual Antimicrobial Susceptibility Testing Products,Automated Laboratory Instruments,Culture and Growth Media,Consumables |
Method | Disk Diffusion,Automated Ast,Genotypic Methods,Dilution,Etest |
End User | Diagnostic Centers and Hospitals,Pharmaceutical and Biotechnology Companies,Contract Research Organizations (CROs),Research and Academic Institutes |
Influencing Trend:
Availability of Automated Antimicrobial Susceptibility Testing Systems
Market Growth Drivers:
Rising Prevalence of Infectious Diseases and Technological Advancements Towards the Development of Rapid Antimicrobial Susceptibility Testing Methods
Challenges:
High Cost of Automated Antimicrobial Susceptibility Testing Systems and Lack of Coordination Between Regulatory Bodies, Clinical Laboratories, and Ast Manufacturers
Restraints:
Unfavorable Reimbursement Scenario
Opportunities:
Rising Demand From Emerging Country and Increasing Funding and Public-Private Investments
Some of the other players that are also part of study are Bioanalyse (Turkey), Synbiosis (United Kingdom) and Zhuhai Dl Biotech (China). The Global Antimicrobial Susceptibility Testing market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In April 2020, the antimicrobials Cefiderocol and imipenem/relebactam are now available on the U.S. Food and Drug Administration (FDA) approved microbroth dilution susceptibility plates, expanding testing options for microbiology laboratories, and providing the quantitative susceptibility results clinicians need to make treatment decisions for serious Gram-negative infections.
In April 2022, Biomérieux acquired Specific Diagnostics, a privately held U.S. based company that has developed a rapid antimicrobial susceptibility test (AST) system that delivers phenotypic AST directly from positive blood cultures. This acquisition helped company to expand its presence in antimicrobial susceptibility testing market
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Antimicrobial Susceptibility Testing market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Antimicrobial Susceptibility Testing market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Antimicrobial Susceptibility Testing Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.