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Antimicrobial Susceptibility Testing Global Market To Reach Value Of About $4 Billion In 2025

14 Dec, 2021

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The antimicrobial susceptibility testing market consists of sales of antimicrobial susceptibility testing by entities (organizations, sole traders and partnerships) that are engaged in laboratory services that provide antimicrobial susceptibility testing. Antimicrobial susceptibility testing (AST) is a laboratory procedure done by clinical laboratory professionals to identify which antimicrobial specimen is specifically effective for individual patients.

Global Antimicrobial Susceptibility Testing Market Size And Drivers:

The antimicrobial susceptibility testing market is expected to grow from $3.01 billion in 2020 to $3.44 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global antimicrobial susceptibility testing market is expected to reach $4.33 billion in 2025 at a CAGR of 5.9%. The rising incidence of infectious diseases globally contributed to the growth of the antimicrobial susceptibility testing market.

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Trends In The Global Antimicrobial Susceptibility Testing Market

Rapid antimicrobial susceptibility testing is increasingly being used to avoid misuse of antibiotics and to provide effective treatment and this is emerging as a key trend in the antimicrobial susceptibility testing market. There are many ways to perform antimicrobial susceptibility testing in minutes or few hours. FISH (Fluorescence in situ hybridization) is mostly used in rapid antimicrobial susceptibility testing. The PNA-FISH applies peptide nucleic acid probes that allow rapid and specific binding, this process is applied in QuickFish technology (OpGen) it performs identification of microbial by targeting 16s RNA. For instance, the antimicrobial susceptibility testing system by Genefluidics Inc measures bacterial growth by quantifying 16s rRNA molecules using an electrochemical biosensor.

Global Antimicrobial Susceptibility Testing Market Segments:
The global antimicrobial susceptibility testing market is further segmented –
By Type: Antibacterial Testing, Antifungal Testing, Antiparasitic Testing, Others
By Products: Manual Antimicrobial Susceptibility Testing Products, Automated Laboratory Instruments, Consumables
By Application: Diagnostics, Drug Discovery And Development, Epidemiology, Others
By End User: Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Companies, Research And Academic Institutes, Clinical Research Organizations (CROs)
By Geography: The global antimicrobial susceptibility testing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Antimicrobial Susceptibility Testing Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides antimicrobial susceptibility testing market overviews, analyzes and forecasts market size and growth for the global antimicrobial susceptibility testing market, antimicrobial susceptibility testing market share, antimicrobial susceptibility testing market players, antimicrobial susceptibility testing market segments and geographies, antimicrobial susceptibility testing market’s leading competitors’ revenues, profiles and market shares. The antimicrobial susceptibility testing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.