Antibiotic Susceptibility Testing Market Size, Growth, Analysis Research Report 2018 To 2028 Healthcare, Pharmaceuticals & Medical Devices Report Id : REP-GB-8574 Status : Published Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. 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T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2015 Future Market Insights, All Rights Reserved 2 Research Methodology (1/2) Systematic Research Approach 1 Market profiling 2 Formulating discussion guide 3 Developing list of respondents 4 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. FMI formulates a detailed discussion guide to conduct expert and industry interviews FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Data collection FMI conducts interviews with industry experts, industry players, distributors and retailers Data validation Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 6 Data analysis Insights 7 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry FMI delivers industry insights and information in the required format (PDF) Data Collection Research & Intelligence Data Filter & Analysis Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Actionable Insights A Primary Research B SOLUTION Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Primary Research # Linkedin Zoominfo Salesforce Avention Business Solution Desk Research C Key industry experts Channel study Developments Market dynamics Products Conclusions Company Analysis Secondary Research # Company websites Company annual reports White papers Financial reports Paid Publications# Factiva GBI Genios Meltwater # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3 Antibiotic Susceptibility Testing Market Analysis 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 antibioticbacteria 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-fromsample identification of pathogens, majorly for cases in which the pathogen concentration in the sample is 1034 CFU/ml or higher. This bypasses the requirement for isolating the colonies. ©2015 Future Market Insights, All Rights Reserved 4 Antibiotic Susceptibility Testing Market Analysis 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. Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8574 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. ©2015 Future Market Insights, All Rights Reserved 5 Antibiotic Susceptibility Testing Market Analysis 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 market based 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. ©2015 Future Market Insights, All Rights Reserved 6 Antibiotic Susceptibility Testing Market Analysis 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 subsegmented 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. 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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.
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