2024-2032: Strategic Trends Shaping the Global Antimicrobial...

2024-2032: Strategic Trends Shaping the Global Antimicrobial Susceptibility Testing Market Market

Posted 2024-10-31 10:25:53

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The global Antimicrobial Susceptibility Testing (AST) Market was valued at USD 3.57 billion in 2023 and is projected to reach USD 5.35 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.2% over the forecast period from 2024 to 2031. The increasing need for accurate infection diagnosis, coupled with the rising focus on combating antimicrobial resistance (AMR), is expected to drive substantial growth in the antimicrobial susceptibility testing market.

Market Overview

Antimicrobial susceptibility testing (AST) is a critical tool for identifying the most effective treatment options for infections by assessing bacterial or fungal resistance to various antibiotics. AST plays a vital role in guiding physicians to select appropriate therapies, optimizing patient outcomes, and preventing the misuse of antibiotics. As healthcare providers and laboratories prioritize AMR surveillance and effective infection control, the adoption of AST solutions is rapidly growing worldwide.

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Key Market Drivers

Increasing Incidence of Infectious Diseases and Antimicrobial Resistance: The rise in antibiotic-resistant infections is creating an urgent demand for AST solutions. Rapid and accurate susceptibility testing is essential for combating AMR, as it helps clinicians select the most effective antibiotics and minimize the development of resistance.
Growing Focus on Infection Control in Healthcare Settings: AST plays a crucial role in infection prevention and control within hospitals and clinics. By ensuring timely and appropriate treatment, these tests help reduce the spread of infections in healthcare environments, improving patient safety and quality of care.
Technological Advancements in AST Methods: Innovations in AST technologies, such as automated testing systems, molecular diagnostics, and point-of-care testing, are making susceptibility testing faster and more accurate. These advancements are helping laboratories process a higher volume of samples and deliver timely results.
Supportive Government Initiatives and Funding for AMR Surveillance: Government agencies and health organizations are investing in AMR surveillance programs and promoting AST to curb the global threat of antimicrobial resistance. These initiatives are supporting the adoption of AST technologies in healthcare facilities worldwide.

Market Segmentation:

By Product

Manual Tests

MIC Strips
Susceptibility Testing Disks
Susceptibility Plates

Automated Instruments
Consumables & Media

By Technique

Automated AST
Etest Method
Dilution
Disk Diffusion
Others

By Application

Drug Development
Susceptibility Testing
Others

Key Players:

Some of the major key players are as follows: Bio-Rad, BD, Danaher, Thermo Fisher Scientific, Accelerate Diagnostics, Merck Group, Creative Diagnostics, Alifax, Roche Diagnostics Limited, Synbiosis and Other Players.

Conclusion

The antimicrobial susceptibility testing market is expected to experience steady growth over the forecast period, driven by the increasing incidence of AMR, advancements in AST technologies, and government support for infection control initiatives. As healthcare providers continue to prioritize effective infection management and AMR surveillance, the market presents significant opportunities for key players.

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TABLE OF CONTENTS

1. Introduction

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics

5. Impact Analysis

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8. Pest Analysis

9. Antimicrobial Susceptibility Testing Market, by Product

10. Antimicrobial Susceptibility Testing Market, by Technique

11. Antimicrobial Susceptibility Testing Market, by Application

12. Antimicrobial Susceptibility Testing Market, by End-use

13. Regional Analysis

14. Company Profiles

15. Competitive Landscape

16. Use Case and Best Practices

17. Conclusion

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