Global Antimicrobial Susceptibility Testing Market

Antimicrobial Susceptibility Testing Market Size, Share, Growth Analysis, By Test type(Phenotypic testing, genotypic testing, and rapid testing), By End user(Hospitals and diagnostic laboratories, research and academic institutes, and pharmaceutical and biotechnology companies), By Product type(Instruments, reagents and kits, and software and services), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2120 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 90 | Figures: 76

Antimicrobial Susceptibility Testing Market Dynamics

Antimicrobial Susceptibility Testing Market Drivers

Rising Antimicrobial Resistance and Cases of Infectious Diseases 

  • The growth of AMR is a major threat to global health. Health organizations and authorities are focusing on the need for efficient AST to observe resistance patterns. This helps in the guidance of treatment decisions and encouraging the use of antibiotics. Also, growing cases of infectious diseases are supported by factors like travel, urbanization, and population growth that demand treatment and diagnosis. This drives the demand for effective and reliable AST. 

Growing Awareness for Infection Control 

  • Rising awareness among patients and healthcare professionals regarding infection control methods is fueling the use of AST. Hospitals are emphasizing AST to decrease the cases of HAIs. Also, the growth of healthcare facilities, especially in the developing economies is supporting the demand for AST. Moreover, better access to diagnostic services and effective and timely treatment is also propelling the growth of the market. 

Restraints 

Low Awareness and Regulatory Challenges 

  • In a few regions, mainly middle-income and low-income nations, individuals lack awareness of the benefits of AST. Moreover, poor training for the laboratory staff on the recent testing methods may hamper effective adoption of AST. Also, the regulatory scenario for diagnostic instruments and solutions may be complicated and consume more time. Strict regulatory needs may delay the introduction of novel AST technologies in the market. 

Growth of Alternate Testing Methods 

  • The emergence of competitive and alternate diagnostic techniques like NGS next-generation sequencing and rapid molecular tests may be a barrier for the traditional antimicrobial susceptibility testing techniques. These substitutes may offer faster results, leading to decreased demand for antimicrobial susceptibility testing. Furthermore, uncertainties regarding reimbursement for AST may hamper investment in improved technologies.
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FAQs

Global Antimicrobial Susceptibility Testing Market size was valued at USD 3.79 billion in 2022 and is poised to grow from USD 3.98 billion in 2023 to USD 5.69 billion by 2031, at a CAGR of 5.2% during the forecast period (2024-2031).

The competitive landscape of the global antimicrobial susceptibility testing market presents a combination of a plethora of market players, engaged in offering effective technologies and products. The leading market players like Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Siemens Healthineers, and bioMérieux are focused on offering integrated solutions, innovative diagnostic technologies, and improved microbiology systems. Companies are also investing in R&D to develop improved testing methods and strategic alliances to expand market reach. Overall, the market is differentiated by collaborations, innovations, and focus on addressing the obstacles. 'Thermo Fisher Scientific Inc. (US)', 'Bio-Rad Laboratories, Inc. (US)', 'Danaher Corporation (US)', 'Becton, Dickinson and Company (US)', 'bioMérieux SA (France)', 'Roche Diagnostics (Switzerland)', 'Abbott Laboratories (US)', 'Bruker Corporation (US)', 'Merck KGaA (Germany)', 'Agilent Technologies, Inc. (US)', 'ConvaTec Group plc (UK)', 'Cepheid (US)', 'HiMedia Laboratories Pvt. Ltd. (India)', 'Liofilchem s.r.l. (Italy)', 'Accelerate Diagnostics, Inc. (US)', 'Creative Diagnostics (US)', 'Bio-Rad Laboratories (US)', 'Synbiosis (UK)', 'ELITechGroup (France)', 'QIAGEN N.V. (Germany)'

The growth of AMR is a major threat to global health. Health organizations and authorities are focusing on the need for efficient AST to observe resistance patterns. This helps in the guidance of treatment decisions and encouraging the use of antibiotics. Also, growing cases of infectious diseases are supported by factors like travel, urbanization, and population growth that demand treatment and diagnosis. This drives the demand for effective and reliable AST. 

Growing Adoption of Rapid Testing Techniques: There is a rising focus on rapid antimicrobial susceptibility testing that offers immediate results, mostly within a few hours instead of days. Methods like mass spectrometry, molecular diagnostics, and automated systems are currently being developed to accelerate the detection of pathogens and susceptibility profiles. This is especially useful in critical care settings, wherein prompt decisions are important, affecting patient outcomes. 

Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to the developed healthcare infrastructure, strong research and development, and rising cases of infectious diseases. The region holds high-tech healthcare systems with superior diagnostic facilities and laboratories, allowing widespread adoption of antimicrobial susceptibility testing. There is a robust investment in research and development from private and public firms that nurture advancements and innovations in AST methods and technologies. The region also faces a large population with infectious diseases, thus impacting regional growth. The key players profiled in the region include Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Abbott Laboratories, Agilent Technologies, Inc., and more.

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Global Antimicrobial Susceptibility Testing Market

Report ID: SQMIG35B2120

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