South Korea Antimicrobial Susceptibility Testing Market Size & Outlook
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South Korea antimicrobial susceptibility testing market highlights
- The South Korea antimicrobial susceptibility testing market generated a revenue of USD 50.0 million in 2023 and is expected to reach USD 76.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, manual tests was the largest revenue generating product in 2023.
- Automated Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Antimicrobial susceptibility testing market data book summary
| Market revenue in 2023 | USD 50.0 million |
| Market revenue in 2030 | USD 76.0 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Manual tests |
| Fastest growing segment | Automated Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automated Instruments, Consumables & Media, Manual Tests |
| Key market players worldwide | Bio-Rad Laboratories Inc, Merck & Co Inc, Thermo Fisher Scientific Inc, Danaher Corp, BD, BioMerieux SA, Creative Diagnostics, ElitechGroup, Roche, HiMedia Laboratories |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global antimicrobial susceptibility testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China antimicrobial susceptibility testing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 167.2 million by 2030.
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Antimicrobial Susceptibility Testing Market Scope
Antimicrobial Susceptibility Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HiMedia Laboratories | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://www.himedialabs.com/HML/Pages/default.aspx |
| Creative Diagnostics | View profile | 51-100 | New York, New York, United States, North America | http://www.creative-diagnostics.com |
| ElitechGroup | View profile | 11-50 | https://www.elitechgroup.co.za/ | |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
South Korea antimicrobial susceptibility testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antimicrobial susceptibility testing market will help companies and investors design strategic landscapes.
Manual tests was the largest segment with a revenue share of 53.8% in 2023. Horizon Databook has segmented the South Korea antimicrobial susceptibility testing market based on automated instruments, consumables & media, manual tests covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Antimicrobial Susceptibility Testing Product Outlook (Revenue, USD Million, 2018-2030)
- Automated Instruments
- Consumables & Media
- Manual Tests
- MIC Strips
- Susceptibility Testing Disks
- Susceptibility Plates
- South Korea Antimicrobial Susceptibility Testing Technique Outlook (Revenue, USD Million, 2018-2030)
- Automated AST
- Etest Method
- Dilution
- Disk Diffusion
- Other Techniques
- South Korea Antimicrobial Susceptibility Testing Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Development
- Susceptibility Testing
- Other Applications
- South Korea Antimicrobial Susceptibility Testing End-Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Diagnostic Laboratories
- Biotechnology & Pharmaceutical Companies
- Other End-uses
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea antimicrobial susceptibility testing market databook
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Our clientele includes a mix of antimicrobial susceptibility testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea antimicrobial susceptibility testing market, including forecasts for subscribers. This country databook contains high-level insights into South Korea antimicrobial susceptibility testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea antimicrobial susceptibility testing market report size, by product, 2018-2030 (US$M)
South Korea Antimicrobial Susceptibility Testing Market Share, 2023 & 2030 (US$M)
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