Antimicrobial Susceptibility Testing Market : Features, Opportunities and Challenges | Creative Diagnostics, Genefluidics, Inc., Rosco Diagnostica A/S, ERBA Group, Merck KGaA

Growth in the market is largely driven by the growing threat of antimicrobial resistance due to the overuse of antibiotics, rising demand for animal-derived products, growing prevalence of zoonotic diseases, rising demand for pet insurance, growing animal health expenditure, and the growing number of veterinary practitioners & their rising income levels in developed economies.

The rising focus on veterinary antimicrobial susceptibility testing in emerging markets due to supportive government initiatives and awareness initiatives for antimicrobial resistance and control offer significant growth opportunities for the market players.The Veterinary Antimicrobial Susceptibility Testing Market is expected to reach USD 135 million by 2026 from an estimated USD 100 million in 2021, at a CAGR of 6.1%.Ask For PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50401056Since the beginning of 2020, the majority of the countries worldwide shut down their borders and limited transportation in a bid to contain the coronavirus (COVID-19) outbreak, thus, creating impediments for international trade and transportation.The food-producing animal segment is expected to account for the largest share of the veterinary AST marketBased on animal type, the veterinary antimicrobial susceptibility testing market is segmented into food-producing animals and companion animals.

The food-producing animals segment accounted for the largest share of the market in 2020.

The large share and high growth of this segment can be attributed to the high use of antibiotics in food-producing animals, increasing incidence of antimicrobial resistance, increasing demand for meat and dairy products, rising animal healthcare expenditure in developed countries, and the increasing incidence of disease outbreaks in food-producing animals.

Companion animals are further segmented into dogs, cats, horses, and other companion animals.The culture media segment is expected to grow at the highest rate during the forecast periodThe culture media segment is expected to register the highest growth rate during the forecast period.

Growth in this product segment can be attributed to the constant requirement and recurrent purchase of these products for cultivating bacterial isolates under controlled environmental laboratory conditions.The veterinary reference laboratory end-user segment is expected to account for the largest share of the veterinary AST marketBased on end users, the veterinary antimicrobial susceptibility testing market is segmented into veterinary reference laboratories, veterinary research institutes and universities, and other end users.

Antimicrobial susceptibility testing market is expected to gain market growth in the forecast period of 2021 to 2028.

Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2021 to 2028 and is expected to reach USD 1,427.91 million by 2028 from USD 841.70 million in 2020.In the reliable Antimicrobial Susceptibility Testing market report, the complete and crystal clear outline of the market is penned down which is useful for many businesses.

This business report provides key statistics on the market status of Global and Regional manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

With this market survey report, it gets easy to focus on the data and realities of the industry which keeps the business on the right path.

The research study and research data covered in the credible Antimicrobial Susceptibility Testing market report makes this document a handy resource for managers, analysts, industry experts, and other key people get ready-to-access and self-analyzed study.Antimicrobial Susceptibility Testing market research report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors.

Antimicrobial Susceptibility Testing market study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.Click Here to Get Latest Sample for Antimicrobial Susceptibility Testing Market Report (including COVID19 Impact Analysis) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-antimicrobial-susceptibility-testing-marketAsia-Pacific Antimicrobial Susceptibility Testing Market Scope and Market SizeThe antimicrobial susceptibility testing market is categorized into six notable segments which are based on product type, methods, type, application, end user and distribution channel.

Antibacterial drugs are playing the important role in the prevention of infectious diseases, however, the cases of drug misuse and overuse, led to the development of drug resistance.

This is putting pressure on the key players to manufacture the test kits which gives accurate and effective results to better treat the patients.Antimicrobial susceptibility testing (AST) is a laboratory procedure which is used to determine which antimicrobial impedes the growth of bacteria, fungi, and other microorganism causing a specific infection.

The results of this test can help healthcare professionals to get access to better clinical diagnosis and select the drug that is most likely to be effective in treating that particular infection.Antimicrobial susceptibility testing market is expected to gain market growth in the forecast period of 2021 to 2028.

The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.

This Asia-Pacific Antimicrobial Susceptibility Testing Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.

In 2021, instruments segment is expected to dominate the market due to high technology adoption by key players in the market.On the basis of methods, the antimicrobial susceptibility testing market is segmented into mass spectrometry method, dilution, disk diffusion, e-test, genotypic methods, and others.

According to the new market research report Antimicrobial Susceptibility Testing Market is projected to reach USD 4.2 billion by 2025 from USD 3.2 billion in 2020, at a CAGR of 5.5% during the forecast period.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=206359984The growth of the antibacterial susceptibility testing systems market is mainly driven by the growing number of hospitals across major markets, increasing awareness about diagnosis and the treatment of hospital-acquired infections coupled with the increasing adoption of rapid AST methods.

Moreover, rising R investments by the key players operating in the market to develop genetics and genotyping-based AST solutions coupled with growing funding & grants for AST-related research are other important factors to drive the market growth in the near future.Based on type, the antibacterial susceptibility testing systems segment is expected to account for the largest share of the AST Market in 2019Based on type, the antibacterial susceptibility testing systems market has been segmented into the antibacterial susceptibility testing, antifungal susceptibility testing, antiparasitic susceptibility testing, and susceptibility testing types.

The major share of the segment is attributed to the presence of regulatory guidelines to streamline the process of antibacterial susceptibility testing, technological advancements, and the rising burden of antibacterial resistance in developing as well as developed countries.The susceptibility testing disks subsegment of manual antimicrobial susceptibility testing products to hold major market share by 2025Based on the product, the antimicrobial susceptibility testing market is segmented into automated laboratory instruments, manual antimicrobial susceptibility testing products, culture and growth media, and consumables.

Among the manual antimicrobial susceptibility testing products, the susceptibility testing disks segment held a major share of the market in 2019.

The high quality, low cost, and ease of use of these products are increasing the adoption of susceptibility testing disks in emerging countries.

Some prominent players offering susceptibility testing disks include BD (US), Thermo Fisher Scientific, Inc. (US), Bio-Rad Laboratories, Inc. (US), and HiMedia Laboratories (India).The clinical diagnostics segment is expected to register the highest growth rate during the forecast periodBased on application, the antimicrobial susceptibility testing market has been segmented into the market is segmented into clinical diagnostics, drug discovery and development, epidemiology, and other applications.

Antibacterial drugs are playing the important role in the prevention of infectious diseases, however, the cases of drug misuse and overuse, led to the development of drug resistance.

This is putting pressure on the key players to manufacture the test kits which gives accurate and effective results to better treat the patients.Antimicrobial susceptibility testing (AST) is a laboratory procedure which is used to determine which antimicrobial impedes the growth of bacteria, fungi, and other microorganism causing a specific infection.

The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.

This Asia-Pacific Antimicrobial Susceptibility Testing Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.

In 2021, instruments segment is expected to dominate the market due to high technology adoption by key players in the market.On the basis of methods, the antimicrobial susceptibility testing market is segmented into mass spectrometry method, dilution, disk diffusion, e-test, genotypic methods, and others.

Manufacturers are developing large number of instruments for bacterial testing.On the basis of application, the antimicrobial susceptibility testing market is segmented into clinical diagnostics, drug discovery and development, epidemiology and others.

The global Veterinary Antimicrobial Susceptibility Testing Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Get more information on "Global Veterinary Antimicrobial Susceptibility Testing Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/veterinary-antimicrobial-susceptibility-testing-market/download-sample Market Dynamics  The growing awareness about infections among companion animals and livestock is the primary impetus for market growth.

The prevalence of zoonotic diseases among the global population and the need to identify the right choice or dosage of antibiotics in treating the same will benefit market growth.

The increased use of antimicrobial susceptibility test kits in the pharmaceutical and biotechnology sectors in the research & development of novel drugs to fight bacteria will further enhance the market growth.

Antimicrobial Susceptibility Testing Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography.

It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030.

TBRC’s market report includes a chapter on the COVID-19 impact on the antimicrobial susceptibility testing industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it.

With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected antimicrobial susceptibility testing market growth numbers from 2021-2030.

Request a Sample of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=4026=smp The global antimicrobial susceptibility testing market is expected to grow from $3.01 billion in 2020 to $3.44 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.