The antimicrobial susceptibility testing market is expected to be worth USD 4,587.1 millionin 2027 from USD 3,069.5 million in 2019, registering a CAGR of 5.1% through the forecast period. High demand due to the increasing prevalence of infectious diseases is observed in the antimicrobial/antibiotic susceptibility testing/antibiotic sensitivity testing market. Emerging infectious diseases are a significant burden on public health and the world’s economies, and are considered to be caused primarily by socio-economic, environmental and ecological factors.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
Competitive Overview:
The global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market report closely studies the functioning mechanisms of the key companies participating in the global market. These companies are said to be following a slew of business expansion strategies to reinforce their financial positions in this market. As per the report, these companies account for a major portion of the overall Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market share. Therefore, this section of the report emphasizes the principal strategic initiatives led by these companies, including mergers & acquisitions, joint ventures, new business deals, new product launches, collaborations, technological upgradation, and several others.
Key Market Players:
Danaher Corporation, Merck KGaA, HiMedia Laboratories, Bruker Corporation, BioMerieux SA, Bio-Rad Laboratories, Precise Automation, Roche Diagnostics, Accelerate Diagnostics Inc., and Becton, Dickinson and Company, among others.
Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market Report – Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline
- Global Growth Trends
2.1 Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market size
2.2 Latest trends of the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market by region
2.3 Key corporate trends
- Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market share by key players
3.1 Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market size by manufacturers
3.2 Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing market
3.5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Market by product type
4.1 Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing Sales by Product
4.2 Global Antimicrobial Susceptibility Testing/ Antibiotic Sensitivity Testing by Product Revenue
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