September 06, 2022 06:00 ET | Source: FACT.MR FACT.MR
Dublin, Ireland, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Fact.MR – A Market Research and Competitive Intelligence Provider: Rise in government initiatives related to the development of quality hospital infrastructure and rise in susceptibility to infectious diseases, are anticipated to boost the demand for antimicrobial susceptibility tests in diagnostic laboratories and hospitals during the forecast period (2020-2025).
Moreover, these kits are rapidly adopted in the pharmaceutical and biotechnology sectors for the research & development of new drugs to fight bacteria.
Online sales channels are expected to remain a growth driver for the antimicrobial susceptibility test market, as market players intend to penetrate local markets. The online purchase of antimicrobial susceptibility test kits is expected to occupy a prominent share during the forecast period of 2020-2025.
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Moreover, this is pushing numerous vendors to improve their online brand recognition value through effective marketing efforts and promotional strategies. Increasing microbial resistance, rise in public-private partnerships are boosting the growth of the market during forecast period.
Besides this, antimicrobial susceptibility test kits are gaining traction in various sectors such as pharmaceutical and biotechnology sectors for the research and development of drugs to fight bacteria. In addition to this, excessive usage of drugs across the globe is leading to drug wastage. This is pushing key players in the antimicrobial susceptibility test market to develop test kits that provide accurate results in a short duration of time.
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Various key players in the market are focusing on their online brand recognition through effective marketing efforts. This initative has also been proved beneficial for players to improve their exposure in the antimicrobial susceptibility test market.
Also, through these initiatives, market players are creating awareness regarding the key features of these products, which will further push the sales prospects for the market.
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