Advances in Antimicrobial Susceptibility Test Market Help Healthcare Providers Decide Effective Regimen for Control and Prevention of Infectious Diseases: TMR

Advances in Antimicrobial Susceptibility Test Market Help Healthcare Providers Decide Effective Regimen for Control and Prevention of Infectious Diseases: TMR

PR Newswire

ALBANY, N.Y., Nov. 10, 2020

- Advances in antimicrobial susceptibility test procedures pave way to discovery of new targets for antibacterial agents for a large number of infectious diseases

- Worldwide, hospitals benefit from ASTs as they can decide the suitable antimicrobial regimen for individual patients, especially in intensive care units. Market to clock CAGR of 4.9% from 2019 to 2027

ALBANY, N.Y., Nov. 10, 2020 /PRNewswire/ -- The choice of proper treatment regimen for managing wide spectrum of infectious diseases becomes more important than ever due to growing burden of these diseases on healthcare systems. Adoption of antimicrobial susceptibility tests (ASTs) has helped researchers decide which pathogens are immune to antimicrobial regimen in specific patient populations. Mounting concern of antibiotic resistance due to antibacterial-resistance strains of pathogens propels the need for new array of antimicrobial agents.

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A growing body of studies, supported by public funding and private investments, in the antimicrobial susceptibility test market have helped researchers discover new targets for antibacterial drugs.

Overall market was pegged at US$ 2,770.9 Mn in 2018. Researchers at TMR project the opportunities to clock a CAGR of 4.9% from 2019 to 2027.

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Key Findings of Antimicrobial Susceptibility Test Market Report

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Antimicrobial Susceptibility Test Market: Key Driving Factors and Promising Avenues

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Antimicrobial Susceptibility Test Market: Competitive Assessment

The antimicrobial susceptibility test market is increasingly fragmented, where several national and international players throng the market. Key strategies adopted by players include aiming for frequent regulatory approvals, launching technologically advanced products, and making strategic acquisition and collaborative agreements.

Some of the key players in the antimicrobial susceptibility test market are Biotron Healthcare, Alifax Holding S.p.A., HiMedia Laboratories, Creative Diagnostics, Conda, Becton, Dickinson and Company, Thermo Fisher Scientific, Inc., and Bio-Rad Laboratories, Inc.

Antimicrobial Susceptibility Test Market: Regional Landscape

Geographically, North America has been potentially lucrative region for players. The regional market held the major share in the global market.  Rise in incidence of infectious diseases in the U.S. and Canada. Asia Pacific is expected to an emerging market. Demand for advanced management of microbial infections in all healthcare settings has spurred the growth of this regional market.

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The global Antimicrobial Susceptibility Test market has been segmented as follows:

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