[FURL=https://www.industryarc.com/Research/Antibiotic-Susceptibility-Testing-Market-Research-508283?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Click Here[/FURL] Antibiotic Susceptibility Testing Market size is estimated to reach $4.5 billion by 2026, growing at a CAGR of 5.5% during the forecast period 2021-2026. Antimicrobial susceptibility testing is a procedure that is performed in a medical laboratory by professionals for identifying the antimicrobial regimen. Antibiotic susceptibility testing (AST) formulates a profile of empiric therapy for the proper management of a patient’s health. It assists in the judgment of therapy services supply by hospitals and clinics all over the world to prevent infectious diseases. It also guides the physician in making the right drug choice for the respective infections. Increase in the adoption of antibiotic susceptibility testing in medical laboratory, growing demand for minimum inhibitory concentration in antibiotic susceptibility testing, and rise in the prevalence of infections across the world are the factors that are set to drive the growth of the Antibiotic Susceptibility Testing Market for the period 2021-2026.Key Takeaways
Geographically, North American Antibiotic Susceptibility Testing Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing demand for antibiotic susceptibility testing to drive empiric therapy.
The growing adoption of manual antimicrobial susceptibility testing products in a medical laboratory is driving the manual antimicrobial susceptibility testing products segment.
The complex regulatory frameworks is one of the major factors that is said to reduce the growth of the Antibiotic Susceptibility Testing Market.
Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Antibiotic Susceptibility Testing Market report.
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Antibiotic Susceptibility Testing Market Drivers
Rise in the Awareness Initiatives for Antimicrobial Resistance.
Healthcare authorities across the world are becoming more aware of the significance of antimicrobial susceptibility testing to ensure the efficacy and safety of various antibiotic susceptibility testing methods.
Increase in the Prevalence of Several Infectious Diseases.
Antibiotic Susceptibility Testing Market. top 10 companies are Thermo Fisher Scientific, Roche Diagnostics Limited, Merck Group, Bio-Rad, Accelerate Diagnostics Inc, Alifax, Synbiosis, MP Biomedicals, QuantaMatrix Inc, and Becton, Dickinson
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