Antimicrobial Susceptibility Testing Product Market to record USD 2.4 bn growth, Evolving Opportunities with Bio-Rad (US) and Hi-Media (India)
Pune, Maharashtra, India, September 20 2022 (Wiredrelease) Prudour Pvt. Ltd –:Global Antimicrobial Susceptibility Testing Product Market: Introduction
An antimicrobial susceptibility test (AST) is a laboratory procedure used to determine which antibiotics will work against a specific type of bacteria. ASTs are performed to guide clinicians in the selection of an antibiotic for the treatment of infections. The results of ASTs are reported as minimum inhibitory concentrations (MIC). MIC values can be used to predict clinical outcomes, such as whether an infection will respond to treatment with a particular antibiotic.
Antimicrobial Susceptibility Testing Product Market to Soar with Increasing Prevalence of Infectious Diseases
The global antimicrobial susceptibility testing product market was valued at $1.5 billion in 2018 and is expected to reach $2.4 billion by 2025, growing at a CAGR of 7.7% during the forecast period.
The antimicrobial susceptibility testing product market is expected to grow significantly in the coming years. This is due to the increasing prevalence of infectious diseases globally. The rising number of hospital-acquired infections and the growing number of antibiotic-resistant bacteria are also major factors driving the market growth.
In vitro diagnostic companies are focused on developing new and innovative products to meet the rising demand for antimicrobial susceptibility testing. For instance, in May 2019, BioMérieux launched VITEK® MS, a new solution for rapid and accurate identification of microorganisms.
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Antimicrobial Susceptibility Testing Product Market – Competitive Landscape
Thermo Fisher (US)
Creative Diagnostics (US)
Zhuhai DL Biotech (China)
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Antimicrobial Susceptibility Testing Product Market Segmentation
Based on the type, the Antimicrobial Susceptibility Testing Product market is segmented into
Manual Antimicrobial Susceptibility Testing Products
Susceptibility Testing Disks
Culture and Growth Media
Based on the application, the Antimicrobial Susceptibility Testing Product market is segmented into
Drug Discovery and Development
Market Breakup by Region:
– North America (United States, Canada)
– Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
– Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
– Latin America (Brazil, Mexico, Others)
– The Middle East and Africa
Market Report Coverage and Deliverables will help you to understand:
1. Company revenue shares | revenue (US$ Mn)
2. Upcoming Regional opportunities
3. Latest trends & Market dynamics
4. Competitive benchmarking
5. Key Financial Charts
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Key Questions Answered in This Report:
Q1. What is the market size of Antimicrobial Susceptibility Testing Product?
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Q7. What are the different types of Antimicrobial Susceptibility Testing Product market?
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Q9. What is the future of Antimicrobial Susceptibility Testing Product?
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