Antimicrobial Susceptibility Testing Market Size & Trends 2020- expected to reach US$ 4.5 Billion With CAGR of 6.2% by 2027

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐂𝐚𝐬𝐞𝐬 𝐨𝐟 𝐀𝐧𝐭𝐢𝐦𝐢𝐜𝐫𝐨𝐛𝐢𝐚𝐥 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐭𝐨 𝐀𝐮𝐠𝐦𝐞𝐧𝐭 𝐭𝐡𝐞 𝐀𝐧𝐭𝐢𝐦𝐢𝐜𝐫𝐨𝐛𝐢𝐚𝐥 𝐒𝐮𝐬𝐜𝐞𝐩𝐭𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

Antimicrobial susceptibility testing is proving to be major breakthrough in detecting drug-related infections. It helps detect resistance, confirm susceptibility, and guide the selection of patient therapy. Moreover, it helps the doctor in drug choice and dosage for difficult-to-treat infections. Antibiotic resistance is a major global health concern due to antibiotic misuse.

Antimicrobial susceptibility testing provides minimum inhibitory concentrations within hours at reasonable cost, enabling rapid determination of effective targeted therapies, resulting in few laboratory tests, short hospital stays, and decrease in mortality and morbidity along with associated healthcare expenses.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

The growing cases of antimicrobial resistance worldwide are expected to propel the growth of the antimicrobial susceptibility testing market. For instance, according to the World Health Organization (WHO), antimicrobial resistance was one of the ten threats to global health in 2019. Moreover, according to the Centers for Disease Control and Prevention (CDC), each year, more than 2.8 million antibiotic-resistant infections occur in the United States, and more than 35,000 people die as a result.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐚𝐧𝐝 𝐆𝐞𝐭 𝐅𝐥𝐚𝐭 𝟑𝟎% 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.coherentmarketinsights.com/insight/buy-now/2449

Moreover, the increasing consumption of antibiotics and the increasing number of multidrug resistance cases (which develops resistance among the population) is expected to fuel the growth of the antimicrobial susceptibility testing market. Antimicrobial resistance occurs when fungi, viruses, bacteria, and parasites change over time and no longer respond to medicines, making infections harder to treat and increasing the risk of disease spread, severe illness, and death.

The emergence of COVID-19 is also expected to offer lucrative growth opportunities for players in the antimicrobial susceptibility testing market. For instance, in January 2021, Israeli emergency medical services organization United Hatzalah (UH) planned to roll out COVID-19 rapid diagnostic kits in partnership with Israeli biotech startup Nanosynex, as part of a pilot initiative to ramp up mass testing efforts affordably and efficiently.

However, requirement of regulatory approval/clearance by respective government authorities, such as the U.S. Food and Drug Administration (FDA) is expected to hamper the growth of the antimicrobial susceptibility testing market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Major players operating in the antimicrobial susceptibility testing market are 𝗠𝗲𝗿𝗰𝗸 𝗞𝗚𝗮𝗔, 𝗧𝗵𝗲𝗿𝗺𝗼 𝗙𝗶𝘀𝗵𝗲𝗿 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 𝗜𝗻𝗰., 𝗕𝗶𝗼-𝗥𝗮𝗱 𝗟𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝗶𝗲𝘀, 𝗜𝗻𝗰. 𝗗𝗶𝗰𝗸𝗶𝗻𝘀𝗼𝗻 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝗮𝗻𝘆, 𝗕𝗲𝗰𝘁𝗼𝗻, 𝗗𝗮𝗻𝗮𝗵𝗲𝗿 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻, 𝗥𝗲𝘀𝗶𝘀𝘁𝗲𝗹𝗹 𝗔𝗚, 𝗖𝗿𝗲𝗮𝘁𝗶𝘃𝗲 𝗗𝗶𝗮𝗴𝗻𝗼𝘀𝘁𝗶𝗰𝘀, 𝗔𝗹𝗶𝗳𝗮𝘅 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗦.𝗽.𝗔., 𝗛𝗶𝗠𝗲𝗱𝗶𝗮 𝗟𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝗶𝗲𝘀, 𝗮𝗻𝗱 𝗯𝗶𝗼𝗠é𝗿𝗶𝗲𝘂𝘅 𝗦.𝗔.

Major players in the market are focused on developing novel antimicrobial susceptibility tests to improve the health and well-being of patients. For instance, in January 2021, the health and biotech company, MedFluid developed the fastest, first-in-class antimicrobial susceptibility test that would assist in providing precise medical prescriptions to improve the health and well-being of patients.

𝐓𝐨 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐋𝐚𝐭𝐞𝐬𝐭 𝐂𝐨𝐯𝐢𝐝𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 @ https://www.coherentmarketinsights.com/insight/request-sample/2449

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

𝐓𝐨 𝐆𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐇𝐞𝐫𝐞 @ https://www.coherentmarketinsights.com/insight/request-pdf/2449

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