The Reports and Insights, a leading market research company, has recently releases report titled “Antimicrobial Susceptibility Testing Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Antimicrobial Susceptibility Testing Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Antimicrobial Susceptibility Testing Market?

The antimicrobial susceptibility testing market was valued at US$ 3.7 Billion in 2023, and is expected to register a CAGR of 5.7% over the forecast period and reach US$ 6.1 Bn in 2032.

What are Antimicrobial Susceptibility Testing?

Antimicrobial susceptibility testing (AST) is a laboratory method that assesses the effectiveness of particular antimicrobial agents against bacteria or fungi obtained from a patient's sample. It aids in selecting the best treatment by determining which antibiotics are likely to work. AST findings are essential for clinicians to choose the most appropriate antimicrobial therapy, particularly in cases involving drug-resistant pathogens. Standardized methods are used for the test to ensure its accuracy and reliability, providing critical information for personalized and effective patient management.

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What are the growth prospects and trends in the Antimicrobial Susceptibility Testing industry?

The antimicrobial susceptibility testing (AST) market growth is driven by various factors and trends. The market for antimicrobial susceptibility testing (AST) includes various products and services aimed at assisting healthcare providers in determining the most suitable antimicrobial treatment for bacterial and fungal infections. This market comprises testing kits, automated systems, and software for analyzing microbial susceptibility patterns. Growth in this market is fueled by the increasing prevalence of drug-resistant pathogens, which has heightened the demand for accurate and rapid AST methods. Technological advancements, such as multiplexed and automated systems, are also driving market expansion. Furthermore, the growing awareness of the importance of antimicrobial stewardship programs in healthcare settings is expected to further boost market growth as healthcare facilities aim to optimize antibiotic use and combat antimicrobial resistance. Hence, all these factors contribute to antimicrobial susceptibility testing (AST) market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Antimicrobial Susceptibility Testing Market Segmentation:

By Product Type

·         Automated AST Systems

·         Manual AST Products

·         Consumables

o    Antibiotic Discs

o    Plates

o    Broth

·         Accessories

o    Inoculating Loops

o    Spreaders

·         Services and Software

By Method

·         Disk Diffusion

·         Broth Dilution

·         E-test

·         Molecular Testing

o   Polymerase Chain Reaction (PCR)

o   Sequencing

By Application

·         Clinical Diagnostics

·         Drug Development and Research

·         Epidemiology and Surveillance

·         Veterinary Diagnostics

By End User

·         Hospitals and Clinics

·         Diagnostic Laboratories

·         Pharmaceutical and Biotechnology Companies

·         Research Institutes and Academic Centers

By Region

North America

·         United States

·         Canada

Europe

·         Germany

·         United Kingdom

·         France

·         Italy

·         Spain

·         Russia

·         Poland

·         Benelux

·         Nordic

·         Rest of Europe

Asia Pacific

·         China

·         Japan

·         India

·         South Korea

·         ASEAN

·         Australia & New Zealand

·         Rest of Asia Pacific

Latin America

·         Brazil

·         Mexico

·         Argentina

Middle East & Africa

·         Saudi Arabia

·         South Africa

·         United Arab Emirates

·         Israel

·         Rest of ME

Who are the key players operating in the industry?

The report covers the major market players including:

·         BD (Becton, Dickinson and Company)

·         Synbiosis

·         Zhuhai DL Biotech Co., Ltd

·         Mast Group Ltd.

·         HiMedia Laboratories

·         Thermo Fisher Scientific Inc.

·         Bio-Rad Laboratories, Inc.

·         Creative Diagnostics

·         Genefluidics, Inc.