Antimicrobial Susceptibility Testing Market

The report "Antimicrobial Susceptibility Testing Market by Product (Manual (Disk, Strip, Plate), Automated, Molecular), Method (e-test, Disk & Agar Diffusion, Genotypic), Type (Antibacterial, Antifungal), Application (Clinical, Epidemiology) Global Forecasts to 2029", is expected to grow from USD 4.45 billion in 2024 to USD 5.68 billion by 2029, at a CAGR of 5.0% over the forecast period. Increasing antimicrobial resistance worldwide has emerged as one of the major challenges to global health. With resistant bacteria now regarded as a significant and deadly threat - because they can develop a measure of resistance to traditional antibiotics, there is a need for more accurate and rapid testing methods to guide appropriate treatment decisions. Additionally, the growing healthcare cost and demand for personalized medicine have also elevated the market growth. In addition, the growing incidence of nosocomial infections due to MDROs has further accelerated the need for advanced testing technologies.

Browse 240 market data Tables and 56 Figures spread through 282 Pages and in-depth TOC on "Antimicrobial Susceptibility Testing Market by Product (Manual (Disk, Strip, Plate), Automated, Molecular), Method (e-test, Disk & Agar Diffusion, Genotypic), Type (Antibacterial, Antifungal), Application (Clinical, Epidemiology) Global Forecasts to 2029"
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Lab instruments segment to register a significant growth rate over the forecast period of 2024-2029.

Laboratory instruments to grow significantly in the AST market. It is further segmented into automated instrument and molecular diagnostics. Automated systems of AST have enormous advantages in terms of efficiency, accuracy, and standardization. These can process great volumes of samples. Automation is therefore giving room for improved turnaround times and laboratory workflows. Applications like PCR and nucleic acid hybridization in molecular diagnostics detect microorganisms and their resistance genes in an extremely rapid and sensitive manner. These technologies for the detection of emerging antibiotic-resistant pathogens thus greatly help guide appropriate treatment decisions. The demand for reliable and effective AST has thus increased, driven partly by both recent demand growth and by the advancement of automated instruments as well as that of molecular diagnostics.

By Application in the Antimicrobial susceptibility testing market in 2023.

The overall market of clinical diagnostics, particularly in the area of AST, is experiencing highest growth rate because of many converging factors. The increasing incidence of infectious diseases with an alarming increase in antibiotic resistance raises the need to diagnose infections and implement appropriate treatment in a prompt and proper manner. Advances in technologies such as automation, rapid diagnostic tests, and molecular diagnostics are bringing earlier detection, faster results, and higher clinical benefits. Additionally, the thrust towards personalized medicine and precision healthcare throws up a higher demand for tailored diagnostic solutions. Secondly, as the segment of the aging population is increasing along with the health problems associated with the same, it contributes further to market growth. All these forces with supportive government policies and increased healthcare spending are catapulting clinical diagnostics, especially AST, into multifold growth in the near future.

North America to account for a significant market share in the Antimicrobial susceptibility testing market in 2023.

The antimicrobial susceptibility testing market, by region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was the largest regional market in 2023 North America will continue to dominate the antimicrobial susceptibility testing market owing to various factors. The region has a high incidence of infectious diseases, with better health infrastructure, thereby increasing demand for accurate diagnostic tools. Besides, efforts against antibiotic resistance are prominent, as evident from strict regulatory policies and huge research and developmental measures. High healthcare expenditure within the region acts as an added factor for this technological advancement in testing methodologies, thus making the region a prominent leader in the market.

As of 2023, prominent players in the Antimicrobial susceptibility testing market BioMérieux (France), Becton, Dickinson and company (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Bio-Rad laboratories (US) among others.

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