The global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The global antimicrobial susceptibility testing market is projected to be worth USD 4,587.1 Million by 2027. 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.
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Competitive Terrain:
The global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Companies profiled in the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market:
Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., Becton, Dickinson, and Company
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales distribution channels
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Segments Covered in this report are:
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 Testing
- Antiparasitic Susceptibility Testing
- Antifungal Susceptibility Testing
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Drug Discovery Development
- Clinical Diagnostics
- Epidemiology
- Others
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Key reasons to buy the Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market report:
The latest report comprehensively studies the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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