Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Detailed Study Mentioning Positive Growth

antimicrobial susceptibility testing market is projected to be worth USD 4,587.1 Million by 2027, according to a current analysis by Emergen Research. The antimicrobial/antibiotic susceptibility testing/antibiotic sensitivity testing market is observing high demand attributed to the growing prevalence of the infectious disease. Emerging infectious diseases pose a substantial burden on public health and economies worldwide and are considered to be triggered essentially by socio-economic, ecological, and environmental factors. The recent outbreak of the COVID-19 pandemic dramatically has raised cognizance of the worldwide burden of infectious disease and about the readiness of public health systems to combat the spread of such diseases.

Increase funding for research and development of antimicrobial susceptibility testing/ antibiotic susceptibility testing is a crucial factor in driving the antibiotic sensitivity testing market demand. In February 2020, Becton, Dickinson, and Company made an announcement about the receiving of USD 6.0 million agreement with the Fleming Fund, a program by the Department of Healthcare and Social Care in the UK that aids low and middle-income nations worldwide to tackle antimicrobial resistance. Becton, Dickinson, and Company, through this contract, will offer diagnostic apparatus and informatics solutions to assist in infection diagnosis and help physicians to deliver suitable antimicrobial prescriptions.

Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market research report is a detailed document outlining the recent advancements and developments in the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing business sphere considering 2020 as the base year and 2021-2027 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

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The report offers a complete analysis of the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

Key companies profiled in the report include:

Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., and Becton, Dickinson, and Company, among others.

The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.

Emergen Research has segmented the global antimicrobial susceptibility testing/ antibiotic sensitivity testing/ antibiotic susceptibility testing market on the basis of Component, Type, Application, Method, End-Users, and region:

  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Manual Antimicrobial Susceptibility Testing Products
    • Automated Laboratory Instruments
    • Culture & Growth Media
    • Consumables
  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • Antibacterial Susceptibility/Sensitivity Testing
    • Antiparasitic Susceptibility/Sensitivity Testing
    • Antifungal Susceptibility/Sensitivity Testing
    • Others
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Drug Discovery & Development
    • Clinical Diagnostics
    • Epidemiology
    • Others
  • Method Outlook (Revenue, USD Billion; 2017-2027)
    • Disk Diffusion
    • Etest Method
    • Automated Susceptibility Testing Instruments
    • Genotyping Method
    • Agar Dilution
  • End-Users Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals
    • Pharmaceutical Companies
    • Diagnostic Centers
    • Clinical Research Organizations
    • Research Institutes

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/antimicrobial-susceptibility-testing-market

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type & applications

Chapter 9: Current and Future Trends

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About Emergen Research

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