Pune, July 22, 2024 (GLOBE NEWSWIRE) -- Antimicrobial Resistance Surveillance Market Size Analysis:
“According to SNS Insider Research, The Antimicrobial Resistance Surveillance Market is thriving, reaching a value of USD 5.90 billion in 2023 and expected to hit USD 9.50 billion by 2032 with a growing CAGR of 5.74% Over the Forecast Period of 2024-2032.”
Antimicrobial resistance (AMR) poses a major threat and therefore continuous monitoring is essential to control it. Pathogens like bacteria and fungi are evolving resistance to medications, rendering them ineffective. This can lead to complications in treating infections and can potentially be fatal. The continuous surveillance of these microbial populations to monitor trends in resistance is known as AMR surveillance. It is important to understand how resistance patterns form could in turn help healthcare professionals and scientists to develop better strategies to combat AMR. AMR is now estimated to account for 700,000 deaths a year globally. This alarming number further emphasises the importance of discussing on this subject. Systems such as ATLAS plays a vital role for monitoring AMR. In addition to bacterial resistance, ATLAS also provides antifungal data.
A global effort to combat the antibiotic-resistant gonorrhoea has been launched by WHO through its "Global Action Plan to Control the Spread and Impact of Antimicrobial Resistance in Neisseria gonorrhoeae." There is also a plan to avoid the rise and spread of these superbugs. The situation is dire – globally there are 82.3 million cases of gonorrhoea each year among those aged 15-49 years.
The WHO is aiming for a 90% decrease in new cases by the year 2030 to only 8.23 million each year. The goal of the plan is to encourage cooperation between governments, healthcare providers, researchers and with input from the general public.
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Major Players Analysis Listed in this Report are:
The Key Players are Danaher, Bioanalyse, Luminex Corporation, Alifax S.r.l., Thermo Fisher Scientific, Wolters Kluwer N.V., Lumed, BioSpace, Roche Diagnostics, OpGen, Inc., Cepheid, Abbott Laboratories, Accelerate Diagnostics, Inc., Qiagen, Liofilchem S.r.l., Bio-Rad, Becton, Merck KgaA, Dickinson and Company, Bruker, Biomerieux and Other Players
Inappropriate/overuse of antibiotics in humans e.g., for viral infections, short treatment durations), animals e.g. growth promotion purpose and plants disease prevention contribute to this resistance development. AMR is a global fight, but not all countries are affected equally, as the disease disproportionately burdens low- and middle-income countries by increasing poverty and resource strains.
According to WHO study, AMR is estimated to have caused 1.27 million deaths directly and contributed to nearly 5 million deaths globally in 2019. AMR makes infections more difficult to treat, in combination with procedures such as surgery and chemotherapy. AMR could add an estimated USD 1 trillion in healthcare costs by 2050 and have a completely cratered global GDP.
The complexity of AMR necessitates a multi-faceted solution, including the reduction in their inappropriate use and investment in new research into new drug development to ensure access to existing treatment as well equitable proceeding one.
Antimicrobial Resistance Surveillance Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | US$ 5.90 billion |
| Market Size by 2032 | US$ 9.50 Billion |
| CAGR | CAGR of 5.47% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Key Growth Drivers | • Burgeoning Burden of Antibiotic-Resistant Infections •Desperate Need for New Therapies •Heightened Public Health Awareness and Economic Concerns •Collaborative Efforts for Novel Treatment Methods |
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Market Driven by the Need to Combat Superbugs
- Burgeoning burden of antibiotic-resistant infections
Over 2.8 million antibiotic-resistant bacterial infections occur annually in the US alone, leading to more than 35,000 deaths.
- Desperate need for new therapies
A new antibiotic, AMC-109, offers promise for overcoming existing resistance patterns.
- Heightened public health awareness and economic concerns
The global rise of antibiotic resistance has significant economic consequences.
Market Leaders and Advancements
- Diagnostic kits dominate the market- 46% due to the need for fast and reliable identification of resistant bacteria.
- Hospitals and clinics are the primary end users- 56% as they witness the most cases and are mandated to conduct surveillance.
Antimicrobial Resistance Surveillance Market Key Segmentation:
By Solution
- Diagnostic kits
- Diagnostic systems
- Surveillance software
- Services
By Application
- Clinical Diagnostics
- Public Health Surveillance
- Other Applications
By End User
- Hospitals & Clinics
- Research & Academic Institutes
- Others
By Region - North America Leads the Way
Accounted for 37% of it, North America is the dominated region in 2023 thanks to impressive focus on research & development activities. Asia Pacific regions have been earmarked as highly lucrative region during forecast period which will lead Asia Pacific markets towards 4%-7% CAGR.
Governments in the Asia Pacific region is becoming more aggressive stance against AMR. A case in point is the National Action Plan of China launched recently for 2022-2025.
These strategies are all-encompassing, including vaccination, AMR control in the environment and co-operation between different fields. Furthermore, this integrated strategy will catalyze the expansion of Asia Pacific AMR surveillance market size.
Regional Coverage:
• North America (US, Canada, Mexico)
• Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe])
• Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific)
• Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East])
• Africa [Nigeria, South Africa, Rest of Africa]
• Latin America (Brazil, Argentina, Colombia Rest of Latin America)
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Table of Contents – Major Key Points
1. Introduction
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Antimicrobial Resistance Surveillance Market Segmentation, by Solution
8. Antimicrobial Resistance Surveillance Market Segmentation, by Application
9. Antimicrobial Resistance Surveillance Market Segmentation, by End User
10. Regional Analysis
11. Company Profiles
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. Use Case and Best Practices
14. Conclusion
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