Antimicrobial Susceptibility Testing Market Analysis | CMI

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ANTIMICROBIAL SUSCEPTIBILITY TESTING MARKET
ANALYSIS

• Antimicrobial Susceptibility Testing Market, By
  Product Type (Manual Antimicrobial Susceptibility
  Testing Products Susceptibility Testing Disks,
  Mic Strips, and Susceptibility Plates, Automated
  Laboratory Instruments, and Consumables), By
  Application (Antibacterial, Antifungal,
  Anti-parasitic and Antiviral), By Method (Disk
  Diffusion, Rapid Automated AST, Broth Dilution,
  Gradient Diffusion, and Genotypic Methods), By
  End User (Hospitals, Pathology/Diagnostic
  Laboratories, Research and Academic Institutes,
  Pharmaceutical and Biotechnology Companies, and
  Contract Research Organizations), and By Region
  (North America, Latin America, Europe, Asia
  Pacific, Middle East, and Africa) - Size, Share,
  Outlook, and Opportunity Analysis, 2018 2026

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• The global Antimicrobial Susceptibility Testing
  Market size was valued at US 2.65 billion in
  2017 and is expected to witness a CAGR of 6.2
  over the forecast period (2018 2026).

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Global Antimicrobial Susceptibility Testing
Market Share () Analysis, By Product Type, 2017
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Market Drivers

• Emergence of Multidrug Resistance Worldwide Is
  Expected To Drive the Antimicrobial
  Susceptibility Testing Market Revenue
• Resistance among various microbial species to
  different antimicrobial drugs have emerged as a
  major cause of public health threat. According to
  World Health Organization (WHO), these resistant
  microorganisms such as bacteria, fungi, viruses,
  and parasites are able to combat attack by
  antimicrobial drugs, which leads to ineffective
  treatment resulting in persistence and spreading
  of infections.
• Increasing number of multidrug resistance cases
  in tuberculosis (TB), malaria, HIV, influenza,
  and others among the global population is
  expected to result in increasing adoption of
  antimicrobial susceptibility testing to reduce
  the resistance exposure during the forecast
  period. For instance, according to the WHO, in
  2016, an estimated 490,000 people worldwide
  developed MDR-TB. The countries with the largest
  numbers of MDR/RR-TB cases were China, India and
  the Russian Federation.
• Moreover, development of genotypic-based methods
  offering rapid and accurate detection or
  confirmation of antimicrobial resistance is
  expected to drive the market growth. For
  instance, the Accelerate ID/AST System or ID/AST
  System (Accelerate) aims to reduce the turnaround
  time by using genetic methods. The device can
  identify infectious pathogens in a matter of
  hours instead of days, reducing diagnostic time
  by 30 to 50 hours.

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Antimicrobial Susceptibility Testing Market
Restraints

• Stringent government regulations is the major
  restraining factor for the antimicrobial
  susceptibility testing market growth. Regulatory
  procedures creates barrier to AST development, as
  clinical validation and trials are lengthy and
  often too costly for small-sized or medium-sized
  enterprises or organizations.
• For instance, in the U.S., a manufacturer who
  intends to market a device of generic type must
  conform to the general controls of Section
  513(a)(1)(B) of the Federal Food, Drug and
  Cosmetic Act, address the risks to health
  associated with the AST system, and obtain a
  substantial equivalence assessment from the FDA.

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Antimicrobial Susceptibility Testing Market -
Regional Insights

• On the basis of region, the global antimicrobial
  susceptibility testing market is segmented into
  North America, Latin America, Europe, Asia
  Pacific, Middle East, and Africa. North America
  is expected to be the most lucrative region in
  the antimicrobial susceptibility testing market
  in 2017 due to the emergence of a multidrug
  resistant strain of Salmonella in the U.S. For
  instance, according to the Centers for Disease
  Control and Prevention (CDC), September 2018,
  around two million people are infected with
  antibiotic-resistant bacteria in the U.S.
  annually and around 23,000 people die as a
  result. Moreover, government agencies in the U.S.
  have taken steps to prevent and control
  antibiotic resistance, which is expected to
  increase the adoption of antimicrobial
  susceptibility testing in the country.
• Asia Pacific antimicrobial susceptibility testing
  market revenue is expected to foresee significant
  growth over the forecast period due to high
  prevalence of microbial infections and increasing
  consumption of antibiotics, eventually developing
  resistance among the population. According to a
  WHO report, in 2014, multidrug-resistant
  tuberculosis rates were high in India and
  treatment for the disease is generally limited.

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Global Antimicrobial Susceptibility Testing
Market Value (US Mn) Y-o-Y Growth ()
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Key Players

• Key players operating in the global antimicrobial
  susceptibility testing market include bioMérieux
  S.A., HiMedia Laboratories, Alifax Holding
  S.p.A., Creative Diagnostics, Resistell AG,
  Danaher Corporation, Becton, Dickinson and
  Company, Thermo Fisher Scientific Inc., Merck
  KGaA, and Bio-Rad Laboratories, Inc.

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