Antibiotic Susceptibility Testing Market

Antibiotic Susceptibility Testing Market: Rapid Turnaround and Higher Test Specificity of Automated Broth Microdilution Systems to Propel Growth: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

2019-01-18
REP-GB-8574
188 pages

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Antibiotic Susceptibility Testing Market

An Incisive, In-depth Analysis on the Antibiotic Susceptibility Testing Market

This study offers a comprehensive, 360 degree analysis on the Antibiotic Susceptibility Testing market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Antibiotic Susceptibility Testing market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Advancements in Rapid AST Methods and Instruments to Boost Growth of the Antibiotic Susceptibility Testing Market

Constant advancements in instruments used for antibiotic susceptibility testing have led to gaining FDA clearance for these systems. Modifications in antibiotic susceptibility testing instruments include improvements in the computer software for either providing an extended incubation period for difficult organism-drug combinations or, by using expert software to edit susceptibility test results for prevention of unwanted results from being noted. These modifications in the instruments, at times, also allow prolonged incubation, i.e., >10 hours of test panels to ensure efficient and accurate results. For instance, oCelloScope is an optical screening system that is based on time-lapse imaging of 96 antibiotic-bacteria combinations at any given time. This particular screening system also allows real-time detection for antibiotic susceptibility testing and bacterial growth with imaging material, which support and manage automatically-generated graphs. This antibiotic susceptibility testing system provides a fast high-throughput screening for detection in antibiotic susceptibility testing. Rapid antibiotic susceptibility testing enables targeted therapy for any treatment, as early as possible. Growing advancements in antibiotic susceptibility testing methods are expected to boost the market growth for antibiotic susceptibility testing during the forecast period.

Direct-from-sample Pathogen Identification

Many antibiotic susceptibility testing products have been developed that are capable of providing the direct-from-sample identification of pathogens, majorly for cases in which the pathogen concentration in the sample is 103-4 CFU/ml or higher. This bypasses the requirement for isolating the colonies. For instance, certain systems, such as the Verigene Bloodstream Infection Panel by Luminex Corp, ePLEX Blood Culture ID Panel by Genmark Diagnostics, and BioFire FilmArray by Biomerieux, can provide the direct-from-sample identification of pathogens. Majority of these antibiotic susceptibility testing systems provide information regarding the presence or absence of a particular set of genes that cause antibiotic resistance. Identifying the presence or absence of these antibiotic resistance genes also provides guidance for selecting relatively narrow spectrum antibiotics.

antibiotic susceptibility testing market

Growing Popularity of Online Distribution Channels

The widespread usage of online channels is responsible for a consistent and rapid increase in the sales of antibiotic susceptibility testing systems in recent years. According to a research study conducted in 2015, it was estimated that approximately 70% of the U.S. population relies on online shopping portals for buying various items. Hence, vendors operating in the antibiotic susceptibility testing market are focusing on online marketing and promotional strategies to increase sales and ensure better access to their devices. The systems offered online help various vendors cut down the operational and distribution costs. Online platforms enable vendors to offer information about the devices in their portfolios as well as gain access to local as well as global markets. In addition, online marketing websites offer a wide selection of branded antibiotic susceptibility testing systems at affordable costs and attractive discounts.

Increase in Expenditure on Antibiotic Drugs

Improvements in healthcare infrastructure are expected to majorly impact the antibiotic susceptibility testing market. Increasing healthcare expenditure by governments has enabled the installation and usage of more advanced, efficient, and sophisticated antibiotic susceptibility testing systems and techniques for antibiotic susceptibility testing in healthcare facilities around the globe. For instance, the healthcare expenditure of the U.S. in terms of percentage of GDP grew from 17.2% to 17.3% from 2016 to 2018.

Competitive Landscape

The competition section of the antibiotic susceptibility testing market report features profiles of key players operating in the antibiotic susceptibility testing marketbased on their differential strategies, market shares, product offerings, company dashboard and marketing approach. Examples of some of the key players operating in the antibiotic susceptibility testing market are BD, Danaher, Thermo Fischer Scientific, Bio-Rad Laboratories, Creative Diagnostics, Accelerate Diagnostics, Alifax, Liofilchem srl, bioMérieux SA, and Merck KgaA.

Definition

Antibiotic susceptibility testing is performed as a routine to ensure efficient use of antibiotics. It determines the lowest of concentrations of new or existing antimicrobial agents and inhibits consistent and visible growth of the bacterium that is being investigated, under specific test conditions. It is the detection of possible drug resistance in some of the most common pathogens and discovery of susceptibility of the drugs of choice for particular infections.

About the Report

FMI conducted a research study on antibiotic susceptibility testing market for the forecast period 2017 to 2028. The antibiotic susceptibility testing report offers a comprehensive evaluation of the business opportunities prevailing in the antibiotic susceptibility testing market along with insights on the antibiotic susceptibility testing market evolution, market trends, developmental roadmap, antibiotic susceptibility testing technology assessment, product type recommendations based on applications and end user, and antibiotic susceptibility testing market competition. The report elaborates the macroeconomic factors influencing the dynamics of the market and its futuristic potential.

Segmentation

The report offers a comprehensive taxonomy of the antibiotic susceptibility testing market based on product type, modality, end users, and region. The antibiotic susceptibility testing market by product type is segmented into instruments, software & services, and kits & reagents. By instruments, the antibiotic susceptibility testing market is sub-segmented into automated broth microdilution systems, manual broth microdilution systems, and semi-automated broth microdilution systems. By software & services, the antibiotic susceptibility testing market is sub-segmented into image & analysis software and installation services. By applications, the antibiotic susceptibility testing market is segmented into sepsis, respiratory infections, gastrointestinal infections, meningitis & encephalitis, endocarditis, and others. By end user, the antibiotic susceptibility testing market is segmented into diagnostic laboratories, hospitals and research laboratories. The antibiotic susceptibility testing market has been analyzed across regions of North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.

Additional Questions Answered

Some of the additional questions addressed in this report on the antibiotic susceptibility testing market-

What is the revenue potential of the antibiotic susceptibility testing market across regions of North America and Europe?
Who are the key competitors and what are their portfolios in the antibiotic susceptibility testing market?
What are the major challenges influencing the growth of the antibiotic susceptibility testing market?
How intervention from regulatory authorities is shaping the antibiotic susceptibility testing market growth?

A recent market study published by the company “Antibiotic Susceptibility Testing Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” consists of a comprehensive assessment of the most important market dynamics. On conducting thorough research on the historical as well as current growth parameters of the antibiotic susceptibility testing market, growth prospects for the market have been obtained with maximum precision. The report features unique and salient factors that will have a huge impact on the development of the antibiotic susceptibility testing market during the forecast period. The report will also help market players to modify their manufacturing and marketing strategies to envisage maximum growth in the antibiotic susceptibility testing market in the upcoming years. The report provides detailed information about the current and future growth prospects for the antibiotic susceptibility testing market in a comprehensive way for the better understanding of the readers.

Chapter 1 – Executive Summary

The report commences with the executive summary of the antibiotic susceptibility testing market report, which includes the summary of key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the antibiotic susceptibility testing market and the wheel of fortune.

Chapter 2 – Market Introduction, Definitions, and Taxonomy

Market introduction comprises detailed market definitions by product type and applications. Readers can find detailed taxonomy and the definitions associated with the antibiotic susceptibility testing market in this chapter, which will help readers to gather basic information about antibiotic susceptibility testing. Inclusions and exclusion criteria with parent market assessment for antibiotic susceptibility testing has also been mentioned in this section.

Chapter 3 – Antibiotic Susceptibility Testing Market Opportunity Analysis

This chapter focuses on several macro-economic factors that are responsible for fluctuations in the growth of the antibiotic susceptibility testing market. Opportunity analysis for various antibiotic susceptibility testing has also been mentioned in this section.

Chapter 4 – Global Economic Outlook

The global economic outlook includes gross domestic product by region and country for 2016-2021. This chapter also contains global market healthcare indicators.

Chapter 5 – Antibiotic Susceptibility Testing Market - Key Inclusions

This section gives insights on technological assessment and developmental roadmap for antibiotic susceptibility testing systems.

Chapter 6 – Market Background

This section contains major indices for the antibiotic susceptibility testing market. Some of them include antibiotic susceptibility testing market evolution, market drivers, market restraints, and market trends for antibiotic susceptibility testing.

Chapter 7 – North America Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

This chapter includes a detailed analysis of the growth of the North America antibiotic susceptibility testing market along with the country-wise assessment for the U.S. and Canada. The readers can also find information about the regional market growth based on product type, applications, end user, and countries in the North America region. Specific forecast factors and intensity mapping have also been given in this section.

Chapter 8 – Latin America Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

Readers can find detailed information about factors, such as key regulations and regional trends that are impacting the growth of the Latin America market. This chapter also discusses the growth prospects for the antibiotic susceptibility testing market in leading LATAM countries, such as Brazil, Mexico, and Rest of the Latin America regions.

Chapter 9 –Europe Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

Growth prospects for the antibiotic susceptibility testing market based on product types, applications, and end users in several European countries, such as United Kingdom, France, Italy, Spain, Russia, Germany and Rest of Europe have been included in this chapter. Country-wise market size and market attractiveness index have also been included in this section.

Chapter 10 – Asia Pacific Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

Japan, China, India, ASEAN, and Australia are the leading countries in the APAC region that are the prime subjects of assessment to obtain growth prospects of the APAC antibiotic susceptibility testing market in this chapter. The section also includes data for rest of the APAC region. Readers can find thorough information about the growth parameters in the APAC antibiotic susceptibility testing market for the period 2013–2028.

Chapter 11 –Middle East and Africa Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

This chapter provides information on how the market will grow in major countries of the MEA region, such as Saudi Arabia, South Africa, and Rest of Middle East and Africa, during the period 2013–2028.

Chapter 12 – Forecast Factors - Relevance and Impact

This chapter provides several forecast factors considered in the report for the antibiotic susceptibility testing market. Region-wise relevance and impact of these forecast factors on the antibiotic susceptibility testing market are also mentioned in this section.

Chapter 13 – Forecast Assumptions

This section covers all the major forecast assumptions taken into consideration for deriving the market for antibiotic susceptibility testing.

Chapter 14 – Market Structure Analysis

The market structure analysis section covers market structure by tier of companies and company share analysis for major manufacturers in the antibiotic susceptibility testing market for 2017.

Chapter 15 – Competition Analysis

In this chapter, readers can find a comprehensive list of all the leading stakeholders of the antibiotic susceptibility testing market along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report include BD, Danaher, Thermo Fischer Scientific, Bio-Rad Laboratories, Creative Diagnostics, Accelerate Diagnostics, Alifax, Liofilchem srl, bioMérieux SA, and Merck KgaA.

Chapter 16 – Global Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By Region

By region, the antibiotic susceptibility testing market is segregated into 7 major regions namely, North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. In this chapter, readers can find information about the key trends and developments in the antibiotic susceptibility testing market and market attractive analysis for individual regions as per market segment for product type, application, and end user.

Chapter 17 – Global Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By Product Type

The antibiotic susceptibility testing market by product type is segmented into instruments, software & services, and kits & reagents. By instruments, the antibiotic susceptibility testing market is sub-segmented into automated broth microdilution systems, manual broth microdilution systems, and semi-automated broth microdilution systems. By software & services, the antibiotic susceptibility testing market is sub-segmented into image & analysis software and installation services. By application, the antibiotic susceptibility testing market is segmented into sepsis, respiratory infections, gastrointestinal infections, meningitis & encephalitis, endocarditis, and others. By end user, the antibiotic susceptibility testing market is segmented into diagnostic laboratories, hospitals, and research laboratories.

Chapter 18 – Global Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By End User

Based on end user, the market is segmented into diagnostic laboratories, hospitals, and research laboratories. In this chapter, readers can find information about the key trends and developments in the antibiotic susceptibility testing market and market attractive analysis based on the end user.

Chapter 19 – Global Antibiotic Susceptibility Testing Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

This section focuses on global market value analysis by segment. It also provides an absolute $ opportunity for the global market for antibiotic susceptibility testing.

Chapter 20 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 21 – Research Methodology

This chapter will help readers to understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the antibiotic susceptibility testing market.