The global market for anti-microbial/anti-fungal tests is expected to reach US$ 2.5 billion by the end of 2022. The market is expected to grow at a CAGR of 5.7% and surpass US$ 4.5 billion by 2032. In terms of test type, molecular-based tests led the market in 2021, accounting for nearly 53.5% of the market.
The researcher has successfully pursued microorganism screening to create novel antibiotics for many years. Antibiotics are frequently produced by fungi and bacteria. Bacteria are used in a variety of industries, including agriculture. An antimicrobial is a substance that kills or inhibits bacterial growth in the pharmaceutical and veterinary industries.
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Crucial information and forecast statistics covered in the Anti-microbial/Anti-fungal Tests market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Anti-microbial/Anti-fungal Tests Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Anti-microbial/Anti-fungal Tests market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Anti-microbial/Anti-fungal Tests market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Anti-microbial/Anti-fungal Tests market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Anti-microbial/Anti-fungal Tests Market: Segmentation
Valuable information covered in the FMI’s Anti-microbial/Anti-fungal Tests market report has been segregated into key segments and sub-segments.
By Tests Type:
- Molecular Based Tests
- PCR Test
- DNA Microarray
- Phenotypic Resistance Tests
- Complex Test Panels
- Mass Spectrometry
- Rapid Diagnostic Tests
- E-Test Antibiotic/Antifungal Strips
- Biosensor Platforms
By Infection Type:
- Antimicrobial Resistance
- Methicillin-Resistant Staphylococcus Aureus
- Vancomycin-Resistant Enterococcus
- Multi-Drug-Resistant Mycobacterium tuberculosis
- Carbapenem-Resistant Enterobacteriaceae gut bacteria
- Microbial Infection
- Antifungal Resistance
- Candida infections
- Aspergillus infection
- Fusariosis
- Others
- Fungal Infection
By End User:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Community Health Centers
- Reference Laboratories
Anti-microbial/Anti-fungal Tests Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Anti-microbial/Anti-fungal Tests market. Competitive information detailed in the Anti-microbial/Anti-fungal Tests market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Anti-microbial/Anti-fungal Tests market report.
Key players covered in the report include:
- Abbott Laboratories
- bioMérieux SA
- Bio-Rad Laboratories Inc
- Bruker Corporation
- Danaher Corporation
- Erba Mannheim
- Others
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Important Questions Answered in the Anti-microbial/Anti-fungal Tests Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Anti-microbial/Anti-fungal Tests market been expanding during the forecast period?
- How will the global Anti-microbial/Anti-fungal Tests market look like by the end of the forecast period?
- What innovative strategies are adopted by Anti-microbial/Anti-fungal Tests market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Anti-microbial/Anti-fungal Tests market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Anti-microbial/Anti-fungal Tests market
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