“APAC is the fastest growing MRSA testing market segment, expected to showcase a CAGR of 11.36 through 2021. Australia, China, and Japan are the leading countries contributing to the revenue in the region”
In this report, Technavio covers the market outlook and growth prospects of the global MRSA testing market for 2017-2021. By product type, the market is divided into immunodiagnostics and molecular diagnostics segments.
|The continually growing demand for point-of-care diagnostics in methicillin-resistant Staphylococcus aureus (MRSA) testing is one of the major drivers of the market. These tests provide rapid results, which allows for the effective initiation of the necessary treatment procedures. Additionally, the tests can be performed even in remote settings with just basic infrastructure, further pushing for its adoption.|
Technavio’s research study segments the global MRSA testing market into the following regions:
Americas: largest MRSA testing market segment
Srinivas Sashidhar, one of the lead analysts at Technavio for in-vitro diagnostics research says, “The market in the Americas is driven by high levels of awareness among the general population, which is encouraging people to get diagnosed for MRSA. The US and Canada are the largest contributors to the market, where a majority of the individuals opt to get tested for MRSA.”
There is increasing demand for hospital-acquired MRSA and community-acquired MRSA testing tools due to an increase in the number of people diagnosed with MRSA infections, availability of advanced technologies, and extensive R&D activities to respond to the challenges in genetic modifications of MRSA bacteria. These factors will encourage more investments into the market for manufacturing and research activities, thereby driving market growth.
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EMEA: favorable government policies driving growth of MRSA testing
EMEA is responsible for generating the second highest revenue for the MRSA testing market, driven by an extensive focus on R&D, the presence of multiple manufacturers and distributors, and favorable government policies in tackling issues related to MRSA infections. The UK, Germany, France, Italy, Saudi Arabia, and Oman are the key contributors to the MRSA testing market from the region. Africa is slowly catching up, with South Africa and Botswana driving the market by focusing on the challenges associated with infectious diseases, especially MRSA infection.
APAC: fastest growing MRSA testing market segment
“APAC is the fastest growing MRSA testing market segment, expected to showcase a CAGR of 11.36 through 2021. Australia, China, and Japan are the leading countries contributing to the revenue in the region,” says Srinivas.
The rise in academic research on infectious diseases such as MRSA, significant technological developments, and increasing sales in countries such as Japan, India, Malaysia, South Korea, and China are expected to be the major drivers of the MRSA testing market in the region. Additionally, the small- and medium-sized vendors are expected to collaborate with leading players to increase penetration in untapped countries, thereby driving the swift growth of the market.
The top vendors in the global MRSA testing market highlighted in the report are:
- Becton Dickinson
- Roche Diagnostics
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