The global antimicrobial susceptibility test market for the historical period 2017–2018 and forecast period 2019–2027, investments in cutting edge research; rising emphasis on remedies for drug and environmental concerns, increasing incidence of infectious diseases and rising antibiotic resistance are projected to drive the global antimicrobial susceptibility test market during the forecast period.
According to the report, the global antimicrobial susceptibility test market was valued at US$ 2,770.9 Mn in 2018 and is anticipated to expand at a CAGR of 4.9% from 2019 to 2027
Increasing Microbial Resistance and Surge in Government Funding to drive the Global market: Key Drivers
Antimicrobial resistance mechanism are emerging and spreading at a global front, which enables the ways to treat common infectious diseases thus results prolonged illness, disability and at times fatal. Antimicrobial resistance is a complex situation affecting individuals of all ages and races.
According to U.S. Centers for Disease Control and Prevention (CDC) estimated, antibacterial resistance is responsible for over 2 million infections and 23,000 deaths in the U.S. each year and an estimated 25,000 deaths due to antibacterial-resistant infections in Europe. Hence, demand for newer broad spectrum antibacterial drugs is rising. Over 480,000 new cases of multidrug-resistant tuberculosis (MDR-TB) were reported by the WHO in 100 countries in 2013. This increasing microbial resistance is creating a demand for antimicrobial susceptibility tests, contributing to the growth of the global market.
Due to the alarming rise of antibacterial resistance and sparse availability of antibacterial drugs which could cater for the treatment of new infections has been noticed by WHO and other government bodies thus WHO has proposed a new Antibiotic Innovation Funding Mechanism where the government would fund grants and innovation induced prizes which would reward upstream innovation, interim trial results and also the end product results
Governments in several countries are taking initiatives for the allocation of funds needed to create a sustainable and predictable market
Lack of return on investment to Hamper Market
The lack of new, easily identifiable targets, leads to major scientific and technical challenge of new antibacterial drug development increasing the development costs
Discovery and development of antibacterial has become scientifically more complex, expensive, and time consuming over the time, as the new generation antimicrobial has raised the bar and the drug screening process tend to rediscover the same lead compounds over and over again. Drug companies too spend more than $100 million for a phase III program of each antimicrobial drug for a particular indication which would constitute only smaller fraction of the total market
Antimicrobial drugs are taken for a short period of time to cure the patients unlike other drugs which are used to treat chronic illness and are used for the rest of their lives. This makes antibacterial drugs less lucrative business for drug companies. This lack of return on investment hampers the growth of the global market.
Global Antimicrobial susceptibility test Market: Competitive Landscape
This report profiles major players in the global antimicrobial susceptibility test market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
The global antimicrobial susceptibility test market is highly fragmented, with the presence of a number of international as well as regional players
Leading players operating in the global antimicrobial susceptibility test market are
Global Antimicrobial susceptibility test Market: Key Developments
Key players in the global antimicrobial susceptibility test market are engaged in regulatory approvals, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global antimicrobial susceptibility test market. A few expansion strategies adopted by players operating in the global antimicrobial susceptibility test market are:
In December 2017, Beckman Coulter, Inc. announced FDA clearance for its automated Access AMH immunoassay and paramagnetic particle chemiluminescent immunoassay
The report on the global antimicrobial susceptibility test market discussed individual strategies, followed by company profiles of manufacturers of antimicrobial susceptibility test. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global antimicrobial susceptibility test market.
Key Questions Answered in Global Antimicrobial Susceptibility Test Market Report
Global Antimicrobial Susceptibility Test Market - Segmentation
Product
Method
Test Type
Application
End-user
Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Antimicrobial Susceptibility Test Market
4. Market Overview
4.1. Introduction
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, 2017–2027
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Market Opportunity Map, by Product Type
5.2. Porter’s Five Force Analysis
5.3. Prevalence of Major Infectious Diseases
5.4. Technological Advancement
5.5. Advantages and Disadvantages of Methods used for Antimicrobial Susceptibility Testing
6. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by Product Type
6.1. Introduction & Definition
6.1.1. Key Findings / Developments
6.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by Product Type, 2017–2027
6.2.1. Kits, Reagents & Consumables
6.2.2. Culture Media
6.2.3. Automated Test System
6.3. Global Antimicrobial Susceptibility Test Market Attractiveness, by Product Type
7. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by Method
7.1. Introduction & Definition
7.1.1. Key Findings / Developments
7.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by Method, 2017–2027
7.2.1. Broth Dilution Method
7.2.2. Rapid Automated Method
7.2.3. Disk Diffusion Method
7.2.4. Gradient Diffusion Method
7.2.5. Molecular Testing Method
7.3. Global Antimicrobial Susceptibility Test Market Attractiveness, by Method
8. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by Test Type
8.1. Introduction & Definition
8.1.1. Key Findings / Developments
8.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by Test Type, 2017–2027
8.2.1. Antibacterial
8.2.2. Antifungal
8.2.3. Antiparasitic
8.2.4. Others
8.3. Global Antimicrobial Susceptibility Test Market Attractiveness, by Test Type
9. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by Application
9.1. Introduction & Definition
9.1.1. Key Findings / Developments
9.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by Application, 2017–2027
9.2.1. Clinical Diagnosis
9.2.2. Drug Discovery and Development
9.2.3. Others
9.3. Global Antimicrobial Susceptibility Test Market Attractiveness, by Application
10. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by End-user
10.1. Introduction & Definition
10.1.1. Key Findings / Developments
10.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by End-user, 2017–2027
10.2.1. Diagnostic Laboratories and Hospitals
10.2.2. Pharmaceutical and Biotechnology Companies
10.2.3. Research and Academic Institutes
10.2.4. Contract Research Organizations
10.3. Global Antimicrobial Susceptibility Test Market Attractiveness, by End-user
11. Global Antimicrobial Susceptibility Test Market Analysis and Forecast, by Region
11.1. Key Findings
11.2. Global Antimicrobial Susceptibility Test Market Value Forecast, by Region
11.2.1. North America
11.2.2. Europe
11.2.3. Asia Pacific
11.2.4. Latin America
11.2.5. Middle East & Africa
11.3. North America Antimicrobial Susceptibility Test Market Attractiveness, by Region
12. North America Antimicrobial Susceptibility Test Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Product Type, 2017–2027
12.2.1. Kits, Reagents & Consumables
12.2.2. Culture Media
12.2.3. Automated Test System
12.3. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Method, 2017–2027
12.3.1. Broth Dilution Method
12.3.2. Rapid Automated Method
12.3.3. Disk Diffusion Method
12.3.4. Gradient Diffusion Method
12.3.5. Molecular Testing Method
12.4. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Test Type, 2017–2027
12.4.1. Antibacterial
12.4.2. Antifungal
12.4.3. Antiparasitic
12.4.4. Others
12.5. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Application, 2017–2027
12.5.1. Clinical Diagnosis
12.5.2. Drug Discovery and Development
12.5.3. Others
12.6. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by End-user, 2017–2027
12.6.1. Diagnostic Laboratories and Hospitals
12.6.2. Pharmaceutical and Biotechnology Companies
12.6.3. Research and Academic Institutes
12.6.4. Contract Research Organizations
12.7. North America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Country, 2017–2027
12.7.1. U.S.
12.7.2. Canada
12.8. North America Antimicrobial Susceptibility Test Market Attractiveness Analysis
12.8.1. By Product Type
12.8.2. By Method
12.8.3. By Test Type
12.8.4. By Application
12.8.5. By End-user
12.8.6. By Country
13. Europe Antimicrobial Susceptibility Test Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Product Type, 2017–2027
13.2.1. Kits, Reagents & Consumables
13.2.2. Culture Media
13.2.3. Automated Test System
13.3. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Method, 2017–2027
13.3.1. Broth Dilution Method
13.3.2. Rapid Automated Method
13.3.3. Disk Diffusion Method
13.3.4. Gradient Diffusion Method
13.3.5. Molecular Testing Method
13.4. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Test Type, 2017–2027
13.4.1. Antibacterial
13.4.2. Antifungal
13.4.3. Antiparasitic
13.4.4. Others
13.5. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Application, 2017–2027
13.5.1. Clinical Diagnosis
13.5.2. Drug Discovery and Development
13.5.3. Others
13.6. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by End-user, 2017–2027
13.6.1. Diagnostic Laboratories and Hospitals
13.6.2. Pharmaceutical and Biotechnology Companies
13.6.3. Research and Academic Institutes
13.6.4. Contract Research Organizations
13.7. Europe Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Country, 2017–2027
13.7.1. U.K.
13.7.2. Germany
13.7.3. France
13.7.4. Italy
13.7.5. Spain
13.7.6. Rest of Europe
13.8. Europe Antimicrobial Susceptibility Test Market Attractiveness Analysis
13.8.1. By Product Type
13.8.2. By Method
13.8.3. By Test Type
13.8.4. By Application
13.8.5. By End-user
13.8.6. By Country
14. Asia Pacific Antimicrobial Susceptibility Test Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Product Type, 2017–2027
14.2.1. Kits, Reagents & Consumables
14.2.2. Culture Media
14.2.3. Automated Test System
14.3. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Method, 2017–2027
14.3.1. Broth Dilution Method
14.3.2. Rapid Automated Method
14.3.3. Disk Diffusion Method
14.3.4. Gradient Diffusion Method
14.3.5. Molecular Testing Method
14.4. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Test Type, 2017–2027
14.4.1. Antibacterial
14.4.2. Antifungal
14.4.3. Antiparasitic
14.4.4. Others
14.5. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Application, 2017–2027
14.5.1. Clinical Diagnosis
14.5.2. Drug Discovery and Development
14.5.3. Others
14.6. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by End-user, 2017–2027
14.6.1. Diagnostic Laboratories and Hospitals
14.6.2. Pharmaceutical and Biotechnology Companies
14.6.3. Research and Academic Institutes
14.6.4. Contract Research Organizations
14.7. Asia Pacific Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Country, 2017–2027
14.7.1. China
14.7.2. Japan
14.7.3. Australia & New Zealand
14.7.4. India
14.7.5. Rest of Asia Pacific
14.8. Asia Pacific Antimicrobial Susceptibility Test Market Attractiveness Analysis
14.8.1. By Product Type
14.8.2. By Method
14.8.3. By Test Type
14.8.4. By Application
14.8.5. By End-user
14.8.6. By Country
15. Latin America Antimicrobial Susceptibility Test Market Analysis and Forecast
15.1. Introduction
15.1.1. Key Findings
15.2. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Product Type, 2017–2027
15.2.1. Kits, Reagents & Consumables
15.2.2. Culture Media
15.2.3. Automated Test System
15.3. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Method, 2017–2027
15.3.1. Broth Dilution Method
15.3.2. Rapid Automated Method
15.3.3. Disk Diffusion Method
15.3.4. Gradient Diffusion Method
15.3.5. Molecular Testing Method
15.4. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Test Type, 2017–2027
15.4.1. Antibacterial
15.4.2. Antifungal
15.4.3. Antiparasitic
15.4.4. Others
15.5. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Application, 2017–2027
15.5.1. Clinical Diagnosis
15.5.2. Drug Discovery and Development
15.5.3. Others
15.6. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by End-user, 2017–2027
15.6.1. Diagnostic Laboratories and Hospitals
15.6.2. Pharmaceutical and Biotechnology Companies
15.6.3. Research and Academic Institutes
15.6.4. Contract Research Organizations
15.7. Latin America Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Country, 2017–2027
15.7.1. Brazil
15.7.2. Mexico
15.7.3. Rest of Latin America
15.8. Latin America Antimicrobial Susceptibility Test Market Attractiveness Analysis
15.8.1. By Product Type
15.8.2. By Method
15.8.3. By Test Type
15.8.4. By Application
15.8.5. By End-user
15.8.6. By Country
16. Middle East & Africa Antimicrobial Susceptibility Test Market Analysis and Forecast
16.1. Introduction
16.1.1. Key Findings
16.2. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Product Type, 2017–2027
16.2.1. Kits, Reagents & Consumables
16.2.2. Culture Media
16.2.3. Automated Test System
16.3. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Method, 2017–2027
16.3.1. Broth Dilution Method
16.3.2. Rapid Automated Method
16.3.3. Disk Diffusion Method
16.3.4. Gradient Diffusion Method
16.3.5. Molecular Testing Method
16.4. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Test Type, 2017–2027
16.4.1. Antibacterial
16.4.2. Antifungal
16.4.3. Antiparasitic
16.4.4. Others
16.5. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Application, 2017–2027
16.5.1. Clinical Diagnosis
16.5.2. Drug Discovery and Development
16.5.3. Others
16.6. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by End-user, 2017–2027
16.6.1. Diagnostic Laboratories and Hospitals
16.6.2. Pharmaceutical and Biotechnology Companies
16.6.3. Research and Academic Institutes
16.6.4. Contract Research Organizations
16.7. Middle East & Africa Antimicrobial Susceptibility Test Market Value (US$ Mn) Forecast, by Country, 2017–2027
16.7.1. GCC Countries
16.7.2. South Africa
16.7.3. Israel
16.7.4. Rest of Middle East & Africa
16.8. Middle East & Africa Antimicrobial Susceptibility Test Market Attractiveness Analysis
16.8.1. By Product Type
16.8.2. By Method
16.8.3. By Test Type
16.8.4. By Application
16.8.5. By End-user
16.8.6. By Country
17. Competition Landscape
17.1. Market Player - Competition Matrix (by Tier and Size of companies)
17.2. Market Share / Position Analysis, by Company, 2018
17.3. Company Profiles
17.3.1. Bio-Rad Laboratories, Inc.
17.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.1.2. Financial Overview
17.3.1.3. Product Portfolio
17.3.1.4. SWOT Analysis
17.3.1.5. Strategic Overview
17.3.2. Beckman Coulter, Inc. (Subsidiary of Danaher Corporation)
17.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.2.2. Financial Overview
17.3.2.3. Product Portfolio
17.3.2.4. SWOT Analysis
17.3.2.5. Strategic Overview
17.3.3. Thermo Fisher Scientific, Inc.
17.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.3.2. Financial Overview
17.3.3.3. Product Portfolio
17.3.3.4. SWOT Analysis
17.3.3.5. Strategic Overview
17.3.4. Becton, Dickinson and Company
17.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.4.2. Financial Overview
17.3.4.3. Product Portfolio
17.3.4.4. SWOT Analysis
17.3.4.5. Strategic Overview
17.3.5. Conda
17.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.5.2. Financial Overview
17.3.5.3. Product Portfolio
17.3.5.4. SWOT Analysis
17.3.5.5. Strategic Overview
17.3.6. Creative Diagnostics
17.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.6.2. Financial Overview
17.3.6.3. Product Portfolio
17.3.6.4. SWOT Analysis
17.3.6.5. Strategic Overview
17.3.7. HiMedia Laboratories
17.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.7.2. Financial Overview
17.3.7.3. Product Portfolio
17.3.7.4. SWOT Analysis
17.3.7.5. Strategic Overview
17.3.8. Alifax Holding S.p.A.
17.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.8.2. Financial Overview
17.3.8.3. Product Portfolio
17.3.8.4. SWOT Analysis
17.3.8.5. Strategic Overview
17.3.9. Danaher Corporation (Cepheid)
17.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.9.2. Financial Overview
17.3.9.3. Product Portfolio
17.3.9.4. SWOT Analysis
17.3.9.5. Strategic Overview
17.3.10. Biotron Healthcare
17.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.10.2. Financial Overview
17.3.10.3. Product Portfolio
17.3.10.4. SWOT Analysis
17.3.10.5. Strategic Overview