Global Antimicrobial Susceptibility Testing Market Proliferating & Projected to Reach Worth USD 4.70 Billion by 2027
Published | 23 June 2021
A study recently conducted by the strategic
consulting and market research firm, BlueWeave Consulting, revealed that the global
antimicrobial susceptibility testing market was worth USD 3.19 billion
in 2020 and is further projected to reach USD 4.70 billion by 2027. The
emergence of multidrug-resistant microbial strains like MRSA, Klebsiella
pneumonia, Acinetobacter baumanii, etc., is the primary cause of the growth of the global
antimicrobial susceptibility market. Apart
from that, the growing cases of infectious diseases across the globe, coupled
with increasing government funding and initiatives, and automated rapid AST (Antimicrobial
susceptibility testing) methods are some of the key factors aiding the rapid
growth of the global antimicrobial susceptibility testing market.
Growing
cases of infectious diseases acting as a catalyst for the global antimicrobial
susceptibility testing market
According
to Columbia University's Stephen Morse, emerging infections are infections that
are rapidly expanding in frequency or geographic range, such as HIV/AIDS,
severe acute respiratory syndrome (SARS), Ebola hemorrhagic fever, and Nipah
virus encephalitis. The emergence of new infections and microbial strains into
a host population and its establishment within the said population is mainly
due to the vast and highly uncharacterized “zoonotic pool” of possible human
pathogens as well as the increasing opportunities for infection caused by ecological
upheaval and globalization.
Human
activity, however, is making the transition very easy by creating efficient
pathways for pathogen transmission around the globe. For example, the
anti-vaxxers movement in the U.S. for flu vaccination led to a decrease in the
vaccination rate. As a result, the vaccination rate in 2018 was
37.1% which was 6.2% lower than the vaccination rate in 2017. Due to
such emergence of infectious diseases caused by human activities, AST has
become imperative, thus aiding in the growth of the global antimicrobial
susceptibility testing market.
Increasing
prevalence of multidrug-resistant microbial strains making antimicrobial
susceptibility testing an imperative process
Antimicrobial
Agents (AMA) are the secondary metabolites produced by microorganisms that
selectively suppress the growth or kill other microorganisms at a very low
concentration with minimum injury to the host cell. Antibiotic-resistant bacteria are an
essentially inevitable outcome of the extensive use of antimicrobial agents. The
discovery, commercialization, and widespread administration of antimicrobial
substances ushered in a new era in contemporary medicine, altering the therapeutic
paradigm for treating infections. Unfortunately, the successful outcomes of
critically sick patients have been jeopardized due to a considerable increase
in antibiotic resistance among prevalent bacterial infections. As a result,
antibiotic resistance is one of the three most serious public health problems
of the 21st century, according to the World Health Organization.
The
emergence of multidrug-resistant organisms in the hospital environment and
community settings suggests that reservoirs of antibiotic-resistant bacteria
are present even outside the hospital. The answer is "survival of the
fittest," which explains the enormous genetic flexibility of bacterial
pathogens that stimulate specialized reactions, culminating in mutational
adaptations. Resistance to practically all antibiotics currently available in
clinical practice results from the acquisition of genetic material or the
modification of gene expression. Therefore, to prevent paradoxical worsening of
the patient's condition due to over-medication or under-medication,
antimicrobial susceptibility testing has become imperative to treat microbial
infection, leading to the growth of the global antimicrobial susceptibility
testing market.
Global antimicrobial susceptibility testing market by end-user
Based
on the end-user, the global antimicrobial susceptibility testing market is
segmented into hospitals and diagnostic centers, pharmaceutical and
biotechnology companies, research & academic institutes, clinical research
organizations (CROS). The hospitals segment hold the largest share in the
global antibiotic susceptibility testing market as they are prominent end-users
of antimicrobial susceptibility testing products. The large share of hospitals
is also due to the growing prevalence of hospital-acquired infections, such as
Hospital-Acquired Pneumonia and Ventilator Acquired Pneumonia. Furthermore, due
to the presence of high-tech and well-equipped facilities and equipment, as
well as highly trained/skilled technicians in diagnostic laboratories, as well
as various endeavors by important players to provide efficient AST products to
diagnostic laboratories, the diagnostic center segment is likely to witness
exemplary growth during the forecast period.
Global antimicrobial susceptibility testing market by
region
Based
on region, the global antimicrobial susceptibility testing market is segmented
into North America, Europe, the
Asia-Pacific, the Middle East & Africa, and Latin America. Out of these
regions, North America has the largest share of the global antimicrobial
susceptibility testing market. TNorth America’s dominance can be attributed to
the growing investment in R&D to develop novel automated AST systems,
technological advancements in antimicrobial susceptibility products, and
increasing cases of infections like Lyme Disease and West Nile. On the other
hand, the Asia Pacific antimicrobial susceptibility testing market is
also growing owing to the increasing public health awareness, increasing
population, and over-consumption of antibiotics.
Impact
of COVID-19
With the outbreak of the COVID-19, major industries
and businesses, as well as people's daily lives, have been disrupted. To curb
the spread of the COVID-19 virus, almost every country had to impose nationwide
lockdown and. Since the pandemic, hospitals have prioritized COVID-19
treatment; consequently, the usage of automated antimicrobial
susceptibility testing technologies such as the Accelerate Pheno system,
MicroScan WalkAway system, and Sensitive ARIS system has been drastically reduced.
Additionally,
the stringent government rules and regulations during the pandemic on new
product launches and instrument approval also severely impacted the global
antimicrobial susceptibility testing market.
Competitive Landscape
The global
antimicrobial susceptibility testing market is thriving owing to the growing
prevalence of infectious diseases, emergence of antimicrobial-resistant
strains, and government initiatives. As a result, the market is attracting many
key players. Some of the key players in
the global antimicrobial susceptibility testing market are PML Microbiologicals
Inc., BioMérieux SA, QuantaMatrix Inc., MP Biomedicals, InvivoGen, Biotron Ltd,
Becton, Dickinson and Company, Thermo Fisher Scientific, Danaher Corporation, Roche
Diagnostics Limited, Bio-Rad Laboratories, Inc., Merck KGaA, Accelerate
Diagnostics, Inc., Liofilchem S.r.l., ZHUHAI DL BIOTECH Co., Ltd.,
ELITechGroup, Halifax S.r.l., Hi-Media Laboratories, Genefluidics, Inc.,
Creative Diagnostics, and other prominent players.
The report's
in-depth analysis provides information about growth potential, upcoming trends,
and statistics of the global antimicrobial
susceptibility testing market. It also
highlights the factors driving forecasts of total market size. The report
promises to provide recent technology trends in the global antimicrobial
susceptibility testing market, along with industry insights to help
decision-makers make sound strategic decisions. Furthermore, the report also
analyzes the growth drivers, challenges, and competitive dynamics of the
market.
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