Antimicrobial Susceptibility Test Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2025

Published on : Nov-2019 | List of Tables : 36 | List of Figures : 113 | No. of Pages : 170 | Report Code : FACT4334MR | Format : ppt pdf Excel Word

Diagnostic Laboratories and Hospitals to Remain Primary End Users in Antimicrobial Susceptibility Test Market

Recent times have witnessed a marked shift towards personalised medicines, which is increasing the demand for antimicrobial susceptibility testing products. Rising government initiatives regarding the development of quality hospital infrastructure, on a global level, and surging susceptibility to infectious diseases, are projected to complement the demand for antimicrobial susceptibility tests in diagnostic laboratories and hospitals during the forecast period (2020-2025).

Besides these institutes, antimicrobial susceptibility test kits are gaining traction in the pharmaceutical and biotechnology sectors for the research & development of new drugs to fight bacteria. In the future, online sales channels will remain a crucial propeller to the growth of the antimicrobial susceptibility test market, as market players intend to penetrate local markets.

top segments focus on in antimicrobial susceptibility test market

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High R&D Investments Restrict Market Opportunities to Leading Players

Low return on investment in the antimicrobial susceptibility market is a crucial challenge for manufacturers. Unlike therapeutics used to treat chronic illnesses, antimicrobial drugs are prescribed for a limited time. However, capital expended during the development and marketing phases falls short of desired returns with the limited consumption of drugs. Moreover, high investment capacities in research & development activities will offer leading players in the antimicrobial susceptibility test market an edge over regional and local players.

Given this influence, small- and mid-level players are finding it difficult to make a breakthrough in the antimicrobial susceptibility test market. Besides this, scientific and regulatory challenges encountered by manufacturers in the antimicrobial susceptibility test market further extend the time to market and increase the cost of development, which could hamper the on-time marketability of products.

Time-efficiency to Remain Central to Foster Innovation

Antibacterial drugs have been playing a pivotal role in the prevention of infectious diseases; however, several cases of drug abuse, during the animal breeding process, have led to the development drug resistance. The excessive use of drugs to control microbial infections is leading to drug wastage, thereby causing economic loss to livestock farmers. Delay caused in diagnosing harmful bacteria further makes it difficult to control the spread of infection altogether. This is putting enormous pressure on players in the antimicrobial susceptibility test market to develop test kits that offer accurate results in a short duration of time.

Although fast techniques are readily available for identifying bacteria, determining drug susceptibility still significantly depends on traditional methods, with turnaround times in the range of 24 to 48 hours. This makes it imperative for market players to amplify their focus on improving the turnaround time to have a better exposure in the antimicrobial susceptibility test market.

Online Sales Channel - Winning Strategy

The online purchase of antimicrobial susceptibility test kits is projected to evolve as a significant trend during the forecast period of 2020-2025. This is encouraging numerous vendors to improve their online brand recognition value through effective marketing efforts and promotional strategies. The emergence of these channels will also translate into reduced costs, which are otherwise incurred by brick-and-mortar distribution centres for maintenance purposes. In addition, this is expected to prove beneficial for players to increase their exposure in the antimicrobial susceptibility test market. Through effective online marketing techniques, market players can also create awareness regarding the key features of their products, which will further boost the sales prospects of antimicrobial susceptibility test products.

focus on in antimicrobial susceptibility test

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Impact of Top Market Trends on North America

In 2019, North America accounted for ~34% of the total share in the global antimicrobial susceptibility test market, which is projected to further increase by 2025. Top trends influencing the global antimicrobial susceptibility test market include increasing microbial resistance, rise in public-private partnerships, regulatory barriers, technological advancements, and impact of traditional methods. Among these dynamics, the impressive technical prowess of players operating from North America has a high influence on technological advancements of antimicrobial susceptible test products. However, the presence of stringent regulations in the healthcare sector is projected to demand a lot of manufacturers’ time and efforts in receiving an 'Okay Tested' approval for their products.

Besides this, public health, being the key agenda of the government in the region, is found to have a positive impact on public-private partnerships in North America. This is also projected to serve as an instrument to accelerate the pace of product development for market players.

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Antimicrobial Susceptibility Test Market – Scope of the Study

The study on the antimicrobial susceptibility test market is an exclusive report published by Fact.MR, which highlights the key parameters that are influencing the growth of the landscape. This study offers insights on the growth of the antimicrobial susceptibility test market, by analyzing the historical data for the period of 2015-2019, and 2020-2025 as the forecast period. Estimation of the revenue of the antimicrobial susceptibility test market has been carried out in terms of value (US$ Mn). This research highlights the key trends that hold the potential to influence the growth of the antimicrobial susceptibility test market, along with crucial macroeconomic and microeconomic growth indicators. This insightful report offers key dynamics, and their impact on the value chain, which are projected to influence the future growth of the antimicrobial susceptibility test market.

The study also includes a detailed section dedicated to impeders that could challenge the growth of players in the antimicrobial susceptibility test market. The report unfolds lucrative opportunities for market players, which they can leverage to consolidate their position in the global market. With a view of aiding stakeholders in the antimicrobial susceptibility test market, the study comprises a detailed section on the competition analysis. The study offers a dashboard view of the report, with a comprehensive comparison of players operating in the antimicrobial susceptibility test market, based on total revenue, market presence, and key developments. Besides this, the recent developments and key strategies of players in the antimicrobial susceptibility test market have also been included in this comprehensive study.

Antimicrobial Susceptibility Test Market – Assessment of Key Segments

Authors of the report have segmented the antimicrobial susceptibility test market into key categories in order to study the market at a microscopic level. The key segments considered while bifurcating the antimicrobial susceptibility test market include:

Product

Method

Test Type

Application

End User

Region

Kits, Reagents, & Consumables

Broth Dilution Method

Antibacterial

Clinical Diagnosis

Diagnostic Laboratories and Hospitals

North America

Automated Test Systems

Rapid Automated Method

Antiparasitic

Drug Discovery and Development

Research and Academic Institutes

Latin America

Culture Media

Disk Diffusion Method

Antifungal

Others

Pharmaceutical and Biotechnology Companies

Europe

 

Gradient Diffusion Method

Others

 

Contract Research Organizations

Asia Pacific

 

Molecular Testing Method

 

 

 

Middle East & Africa

Besides laying focus on the aforementioned key segments, the report also studies the antimicrobial susceptibility test market at a country level, to recalibrate the underlying opportunities available for players in the antimicrobial susceptibility test market for the forecast period. Among all the estimated data, the report also includes Y-o-Y growth projections, which can help market players in comprehending the precise trajectory at which the antimicrobial susceptibility test market has been growing.

Key companies profiled in the report on antimicrobial susceptibility test market include bioMérieux SA, Beckman Coulter, Inc., Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Alifax Holding S.p.A., Creative Diagnostics, Becton, Dickinson and Company, HiMedia Laboratories, Cepheid, Biotron Healthcare, and Conda.

Antimicrobial Susceptibility Test Market – Research Methodology

The antimicrobial susceptibility test market has been evaluated by taking a top-down and bottom-up approach. Demand, geographical presence, distribution strategies by manufacturers, and initiatives taken by governments and NGOs are various factors considered while estimating the revenue of the antimicrobial susceptibility test market for each device, and thus, reaching global numbers. The study on the antimicrobial susceptibility test market is further validated through extensive primary research on the data extracted from exhaustive secondary research.

In order to conduct secondary research, annual company reports, company websites, data from the World Health Organization (WHO), SEC filings, press releases, investor presentations, and other similar resources were studied. To validate the information compiled through secondary research, interviews with key opinion leaders and subject matter experts were scheduled. In addition to this, authors of the report also had email and telephonic interactions with the senior management of leading and prominent companies to confirm the size, growth trends, and future outlook of the antimicrobial susceptibility test market.

1. Preface

     1.1. Market Definition and Scope

     1.2. Market Segmentation

     1.3. Key Research Objectives

     1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary : Global Antimicrobial Susceptibility Test Market

4. Market Overview

     4.1. Introduction

          4.1.1. Product Definition

     4.2. Overview

     4.3. Market Dynamics

           4.3.1. Drivers

           4.3.2. Restraints

           4.3.3. Opportunities

     4.4. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, 2015–2025

           4.4.1. Market Revenue Projections (US$ Mn)

     4.5. Antimicrobial Susceptibility Test Market - Global Supply Demand Scenario

     4.6. Porter’s Five Force Analysis

     4.8. Value Chain Analysis & Supply-Demand Scenario

     4.9. Antibacterial Drugs Pipeline Analysis 

     4.10. Regulatory Scenario

     4.11. Market Outlook

5. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By Product 

     5.1. Introduction & Definition

     5.2. Key Findings 

     5.3. Market Value  Forecast By Product , 2015–2025

           5.3.1. Test & Kits 

           5.3.2. Culture Media

           5.3.3. Automated Test System 

           5.3.4. Consumables 

     5.4. Market Attractiveness By Product 

6. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By Method 

     6.1. Introduction & Definition

     6.2. Key Findings 

     6.3. Market Value  Forecast By Method , 2015–2025

           6.3.1. Broth Dilution Method 

           6.3.2. Rapid Automated Method 

           6.3.3. Disk Diffusion Method 

           6.3.4. Gradient Diffusion Method

           6.3.5. Molecular Testing Method

     6.4. Market Attractiveness By Method 

7. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By Test Type 

     7.1. Introduction & Definition

     7.2. Key Findings 

     7.3. Market Value  Forecast By Test Type , 2015–2025

           7.3.1. Antibacterial 

           7.3.2. Antifungal 

           7.3.3. Antiparasitics

           7.3.4. Others 

     7.4. Market Attractiveness By Test Type 

8. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By Application 

     8.1. Introduction & Definition

     8.2. Key Findings 

     8.3. Market Value  Forecast By Application , 2015–2025

           8.3.1. Clinical Diagnosis 

           8.3.2. Drug Discovery and Development 

           8.3.3. Others 

     8.4. Market Attractiveness By Application 

9. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By End User 

     9.1. Introduction & Definition

     9.2. Key Findings 

     9.3. Market Value  Forecast By End User , 2015–2025

           9.3.1. Diagnostic Laboratories and Hospitals 

           9.3.2. Pharmaceutical and Biotechnology Companies 

           9.3.3. Research and Academic Institutes 

           9.3.4. Contract Research Organizations

     9.4. Market Attractiveness By End User 

10. Global Antimicrobial Susceptibility Test Market Analysis and Forecasts, By Region

     10.1. Key Findings

     10.2. Market Value  Forecast By Region

           10.2.1. North America 

           10.2.2. Europe 

           10.2.3. Asia Pacific 

           10.2.4. Latin America  

           10.2.5. Middle East & Africa 

     10.3. Market Attractiveness By Country/Region

11. North America Antimicrobial Susceptibility Test Market Analysis and Forecast

     11.1. Introduction

           11.1.1. Key Findings

     11.2. Market Value  Forecast By Product , 2015–2025

           11.2.1. Test & Kits 

           11.2.2. Culture Media

           11.2.3. Automated Test System 

           11.2.4. Consumables 

     11.3. Market Value  Forecast By Method , 2015–2025

           11.3.1. Broth Dilution Method 

           11.3.2. Rapid Automated Method 

           11.3.3. Disk Diffusion Method 

           11.3.4. Gradient Diffusion Method

           11.3.5. Molecular Testing Method

     11.4. Market Value  Forecast By Test Type , 2015–2025

           11.4.1. Antibacterial 

           11.4.2. Antifungal 

           11.4.3. Antiparasitics

           11.4.4. Others 

     11.5. Market Value  Forecast By Application , 2015–2025

           11.5.1. Clinical Diagnosis 

           11.5.2. Drug Discovery and Development 

           11.5.3. Others 

     11.6. Market Value  Forecast By End User , 2015–2025

           11.6.1. Diagnostic Laboratories and Hospitals 

           11.6.2. Pharmaceutical and Biotechnology Companies 

           11.6.3. Research and Academic Institutes 

           11.6.4. Contract Research Organizations

     11.7. Market Value  Forecast By Country , 2015–2025

           11.7.1. U.S.

           11.7.2. Canada

     11.8. Market Attractiveness Analysis 

           11.8.1. By Product 

           11.8.2. By Method 

           11.8.3. By Test Type 

           11.8.4. By Application 

           11.8.5. By End User 

           11.8.6. By Country

12.  Europe Antimicrobial Susceptibility Test Market Analysis and Forecast

     12.1. Introduction

           12.1.1. Key Findings

     12.2. Market Value  Forecast By Product , 2015–2025

           12.2.1. Test & Kits 

           12.2.2. Culture Media

           12.2.3. Automated Test System 

           12.2.4. Consumables 

     12.3. Market Value  Forecast By Method , 2015–2025

           12.3.1. Broth Dilution Method 

           12.3.2. Rapid Automated Method 

           12.3.3. Disk Diffusion Method 

           12.3.4. Gradient Diffusion Method

           12.3.5. Molecular Testing Method

     12.4. Market Value  Forecast By Test Type , 2015–2025

           12.4.1. Antibacterial 

           12.4.2. Antifungal 

           12.4.3. Antiparasitics

           12.4.4. Others 

     12.5. Market Value  Forecast By Application , 2015–2025

           12.5.1. Clinical Diagnosis 

           12.5.2. Drug Discovery and Development 

           12.5.3. Others 

     12.6. Market Value  Forecast By End User , 2015–2025

           12.6.1. Diagnostic Laboratories and Hospitals 

           12.6.2. Pharmaceutical and Biotechnology Companies 

           12.6.3. Research and Academic Institutes 

           12.6.4. Contract Research Organizations

     12.7. Market Value  Forecast By Country , 2015–2025

           12.7.1. Germany

           12.7.2. U.K.

           12.7.3. France

           12.7.4. Spain

           12.7.5. Italy

           12.7.6. Rest of Europe 

     12.8. Market Attractiveness Analysis 

           12.8.1. By Product 

           12.8.2. By Method 

           12.8.3. By Test Type 

           12.8.4. By Application 

           12.8.5. By End User 

           12.8.6. By Country

13. Asia Pacific Antimicrobial Susceptibility Test Market Analysis and Forecast

     13.1. Introduction

           13.1.1. Key Findings

     13.2. Market Value  Forecast By Product , 2015–2025

           13.2.1. Test & Kits 

           13.2.2. Culture Media

           13.2.3. Automated Test System 

           13.2.4. Consumables 

     13.3. Market Value  Forecast By Method , 2015–2025

           13.3.1. Broth Dilution Method 

           13.3.2. Rapid Automated Method 

           13.3.3. Disk Diffusion Method 

           13.3.4. Gradient Diffusion Method

           13.3.5. Molecular Testing Method

     13.4. Market Value  Forecast By Test Type , 2015–2025

           13.4.1. Antibacterial 

           13.4.2. Antifungal 

           13.4.3. Antiparasitics

           13.4.4. Others 

     13.5. Market Value  Forecast By Application , 2015–2025

           13.5.1. Clinical Diagnosis 

           13.5.2. Drug Discovery and Development 

           13.5.3. Others 

     13.6. Market Value  Forecast By End User , 2015–2025

           13.6.1. Diagnostic Laboratories and Hospitals 

           13.6.2. Pharmaceutical and Biotechnology Companies 

           13.6.3. Research and Academic Institutes 

           13.6.4. Contract Research Organizations

     13.7. Market Value  Forecast By Country , 2015–2025

           13.7.1. Japan

           13.7.2. China

           13.7.3. India

           13.7.4. Rest of Asia Pacific

     13.8. Market Attractiveness Analysis 

           13.8.1. By Product 

           13.8.2. By Method 

           13.8.3. By Test Type 

           13.8.4. By Application 

           13.8.5. By End User 

           13.8.6. By Country

14. Latin America  Antimicrobial Susceptibility Test Market Analysis and Forecast

     14.1. Introduction

           14.1.1. Key Findings

     14.2. Market Value  Forecast By Product , 2015–2025

           14.2.1. Test & Kits 

           14.2.2. Culture Media

           14.2.3. Automated Test System 

           14.2.4. Consumables 

     14.3. Market Value  Forecast By Method , 2015–2025

           14.3.1. Broth Dilution Method 

           14.3.2. Rapid Automated Method 

           14.3.3. Disk Diffusion Method 

           14.3.4. Gradient Diffusion Method

           14.3.5. Molecular Testing Method

     14.4. Market Value  Forecast By Test Type , 2015–2025

           14.4.1. Antibacterial 

           14.4.2. Antifungal 

           14.4.3. Antiparasitics

           14.4.4. Others 

     14.5. Market Value  Forecast By Application , 2015–2025

           14.5.1. Clinical Diagnosis 

           14.5.2. Drug Discovery and Development 

           14.5.3. Others 

     14.6. Market Value  Forecast By End User , 2015–2025

           14.6.1. Diagnostic Laboratories and Hospitals 

           14.6.2. Pharmaceutical and Biotechnology Companies 

           14.6.3. Research and Academic Institutes 

           14.6.4. Contract Research Organizations

     14.7. Market Value  Forecast By Country , 2015–2025

           14.7.1. Brazil

           14.7.2. Mexico

           14.7.3. Rest of Latin America

     14.8. Market Attractiveness Analysis 

           14.8.1. By Product 

           14.8.2. By Method 

           14.8.3. By Test Type 

           14.8.4. By Application 

           14.8.5. By End User 

           14.8.6. By Country

15. Middle East & Africa Antimicrobial Susceptibility Test Market Analysis and Forecast

     15.1. Introduction

           15.1.1. Key Findings

     15.2. Market Value  Forecast By Product , 2015–2025

           15.2.1. Test & Kits 

           15.2.2. Culture Media

           15.2.3. Automated Test System 

           15.2.4. Consumables 

     15.3. Market Value  Forecast By Method , 2015–2025

           15.3.1. Broth Dilution Method 

           15.3.2. Rapid Automated Method 

           15.3.3. Disk Diffusion Method 

           15.3.4. Gradient Diffusion Method

           15.3.5. Molecular Testing Method

     15.4. Market Value  Forecast By Test Type , 2015–2025

           15.4.1. Antibacterial 

           15.4.2. Antifungal 

           15.4.3. Antiparasitics

           15.4.4. Others 

     15.5 .Market Value  Forecast By Application , 2015–2025

           15.5.1. Clinical Diagnosis 

           15.5.2. Drug Discovery and Development 

           15.5.3. Others 

     15.6. Market Value  Forecast By End User , 2015–2025

           15.6.1. Diagnostic Laboratories and Hospitals 

           15.6.2. Pharmaceutical and Biotechnology Companies 

           15.6.3. Research and Academic Institutes 

           15.6.4. Contract Research Organizations

     15.7. Market Value  Forecast By Country , 2015–2025

           15.7.1. South Africa

           15.7.2. GCC Countries 

           15.7.3. Israel 

           15.7.4. Rest of Middle East and Africa 

     15.8. Market Attractiveness Analysis 

           15.8.1. By Product 

           15.8.2. By Method 

           15.8.3. By Test Type 

           15.8.4. By Application 

           15.8.5. By End User 

           15.8.6. By Country

16. Competition Landscape

     16.1. Market Player – Competition Matrix (By Tier and Size of companies)

     16.2. Market Share Analysis By Company (2016)

     16.3. Company Profiles (Details – Overview, Financials, Recent Developments, Strategy)

           16.3.1. Bio-Rad Laboratories, Inc.

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.2. Beckman Coulter, Inc. (Subsidiary of Danaher Corporation)

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.3. Thermo Fisher Scientific, Inc.

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.4. Becton, Dickinson and Company

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.5. Conda

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.6. Creative Diagnostics    

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.7. HiMedia Laboratories

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.8. Alifax Holding S.p.A. 

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis                     

                     16.3.1.5. Strategic Overview

           16.3.9. Danaher Corporation (Cepheid)

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

           16.3.10. Biotron Healthcare 

                     16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                     16.3.1.2. Financial Overview

                     16.3.1.3. Product Portfolio

                     16.3.1.4. SWOT Analysis

                     16.3.1.5. Strategic Overview

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