Antibiotic Susceptibility Testing Market Sets Sights on US$ 4.05 Billion Revenue by 2028-FMI Study

In 2021, the antibiotic susceptibility testing market generated US$ 2.82 billion in revenue. By 2028, the global market is projected to have grown at a compound annual growth rate of 5.2% and be valued US$ 4.05 billion. •Infectious diseases, prevailing at a high pace •Increasing rate and tenure of hospitalization •Growing significance of early diagnostics …

Antibiotic Susceptibility Testing Market on Course to Reach US$ 4.05 Billion by 2028-FMI Study

A recently published research intelligence on the global Antibiotic Susceptibility Testing Market by Future Market Insights tracks the top five influencers pushing demand and revenue growth of the market at a global level. •Infectious diseases, prevailing at a high pace •Increasing rate and tenure of hospitalization •Growing significance of early diagnostics •Soaring research interests in microbial susceptibility …

Antibiotic Susceptibility Testing Market is Anticipated to Reach a Valuation of US$ 4.05 Billion and projected to grow at a CAGR of 5.2% during the forecast period 2022-2028

Growing use of antibiotics in treating even the most common health conditions remains a strong factor boosting demand for antibiotic susceptibility testing (AST). Increasing government funds for microbial and antibiotic susceptibility testing research and consistently improving outcome of PPPs in terms of enhanced screening and evaluation of antibiotics are playing a pivotal role in strengthening …