Global Antimicrobial Susceptibility Testing Market 2020-2024
Technavio has been monitoring the antimicrobial susceptibility testing market and it is poised to grow by $ 900.75 million during 2020-2024
progressing at a CAGR of 5% during the forecast period. Our reports on antimicrobial susceptibility testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of infectious diseases and increased use of antimicrobial susceptibility testing by biopharmaceutical companies. In addition, increasing prevalence of infectious diseases is anticipated to boost the growth of the market as well.
The antimicrobial susceptibility testing market analysis include application segments and geographic landscapes
Technavio's antimicrobial susceptibility testing market is segmented as below:
- Clinical diagnostics
- Drug discovery and development
- North America
This study identifies the increasing government initiatives as one of the prime reasons driving the antimicrobial susceptibility testing market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our antimicrobial susceptibility testing market covers the following areas:
- Antimicrobial susceptibility testing market sizing
- Antimicrobial susceptibility testing market forecast
- Antimicrobial susceptibility testing market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading antimicrobial susceptibility testing market vendors that include Accelerate Diagnostics Inc., ALIFAX Srl, Becton, Dickinson and Co., bioMÃ©rieux SA, Bio-Rad Laboratories Inc., Bruker Corp., Danaher Corp., Merck KGaA, Scientific Digital Imaging Plc, and Thermo Fisher Scientific Inc.. Also, the antimicrobial susceptibility testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.