Antimicrobial Susceptibility Tester Market to Exhibit Significant Incremental Dollar Opportunity During the Forecast Period 2018 – 2028

Future Market Insights

Antimicrobial Susceptibility Tester Market: Overview

Evolution in bacteria, viruses, fungus, and other microorganisms is a challenge for today’s medical technology, since evolution in these living organisms is reducing the effect of traditional medicines. Fetal diseases and blood-borne diseases are spreading very fast due to environmental changes such as global warming and others. For controlling such diseases, research is being performed to find out effective medicines, antibiotics, and other immune boosters. For studying the reaction of organisms or group of organisms for antibiotics, antimicrobial susceptibility testers are used in hospitals, laboratories, and other research locations. Due to the changing nature of pathogens, bacteria, and other disease-spreading organisms, research activities are being carried out continuously, due to which, the demand for antimicrobial susceptibility testers is increasing from the past few years.

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Manufacturers of antimicrobial susceptibility testers are performing constant up-gradation in their products to deliver the most reliable products to their end users. For example, ThermoFisher Scientific, which is one of the leading manufacturers of laboratory devices and life science solutions, offers antimicrobial susceptibility testers in different types such as automatic, manual, and others. This company is continually upgrading its products to deliver application-specific products. The demand for antimicrobial susceptibility testers is expected to increase over the forecast period, since they are used for performing susceptibility tests for antimicrobials, so that researchers can determine the specific reactions of antibiotics while treating particular infections that are caused by a fungus or bacteria.

Antimicrobial Susceptibility Tester Market: Drivers and Restraints

One of the prime factors fuelling the growth of the antimicrobial susceptibility tester market is the increasing number of infectious diseases caused by bacteria and fungus. For delivering proper antibiotic treatment to patients without any side effects, antimicrobial susceptibility testers are used to study susceptibility. In addition, antimicrobial susceptibility testers are available for various testing procedures, such as antibacterial testing, antifungal testing, and another susceptible testing methods. The adoption of antimicrobial susceptibility testers is increasing significantly across clinical diagnosis, drug discovery, and other clinical applications. These are some of the key factors fuelling the growth of the antimicrobial susceptibility tester market. On the other hand, high investment and less adoption rates of antimicrobial susceptibility testers in developing countries are some of the challenges hindering the growth of the antimicrobial susceptibility tester market.

Antimicrobial Susceptibility Tester Market: Segmentation

The global antimicrobial susceptibility tester market is segmented on the basis of application and type.

Segmentation Based on Application

On the basis of application, the antimicrobial susceptibility tester market is segmented into clinical diagnosis, drug discovery, and others. These antimicrobial susceptibility testers are used for testing the susceptibility of different antibiotics in multiple healthcare operations in the above mentioned application areas.

Segmentation Based on Equipment Type

On the basis of type, the antimicrobial susceptibility tester market is segmented into automatic antimicrobial susceptibility testers, manual antimicrobial susceptibility testers, custom antimicrobial susceptibility testers, MIC strips, susceptibility plates, and other accessories.

Antimicrobial Susceptibility Tester Market: Key Players

Due to increasing complications in diseases because of changing bacteria, fungus, and other disease-causing organisms, manufacturers are facing the need for maintaining the quality of products, and hence, are focusing on innovations to create industry-specific products. Some of the leading manufacturers of antimicrobial susceptibility testers are Beckman Coulter, Inc., ThermoFisher Scientific Inc., HiMedia Laboratories, Becton, Dickinson and Company, Creative Diagnostics, MERLIN, Alifax, Bioanalyse, bioMerieux, and others. These players are also focusing on regional expansion to improve their revenue generation from the sales of antimicrobial susceptibility testers.

Antimicrobial Susceptibility Tester Market: Region-wise Outlook

Increasing awareness about infectious diseases and the rising need to control them are driving the growth of the global antimicrobial susceptibility testing market. Considering the demand for antimicrobial susceptibility testers, the North American region is dominating the market due to high investments from drug discovery centers in the region. In this region, antimicrobial susceptibility testers are used due to the increasing need for controlling bacterial and fungal infections and reducing the side effects of antibiotics. Europe is expected to follow North America in terms of demand for antimicrobial susceptibility testers, due to increasing government initiatives for controlling bacterial diseases; e.g., The European Committee on Antimicrobial Susceptibility Testing – EUCAST. The demand for antimicrobial susceptibility testers in the APEJ region is expected to witness a significant growth rate due to the increasing awareness about antibiotic reactions and need for controlling bacterial diseases.

The antimicrobial susceptibility tester market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The antimicrobial susceptibility tester market report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Antimicrobial Susceptibility Tester Market
  • Technology
  • Value Chain of the Antimicrobial Susceptibility Tester Market
  • Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of the antimicrobial susceptibility tester market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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