Microbiology Testing Trends and Forecast
The future of the global microbiology testing market looks promising with opportunities in the respiratory diseases, bloodstream infection, gastrointestinal diseases, sexually transmitted diseases, urinary tract infections, and periodontal diseases markets. The global microbiology testing market is expected to reach an estimated $8.8 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing burden of infectious diseases and outbreak of epidemics, on-going technological advancements in microbiology testing, and growing government as well as private-public funding for research on infectious diseases.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Microbiology Testing by Segment
The study includes a forecast for the global microbiology testing by product, test type, application, end use, and region.Microbiology Testing Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Instruments
- Reagents
Microbiology Testing Market by Test Type [Shipment Analysis by Value from 2018 to 2030]:
- Bacterial
- Viral
- Fungal
Microbiology Testing Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Respiratory Diseases
- Bloodstream Infection
- Gastrointestinal Diseases
- Sexually Transmitted Diseases
- Urinary Tract Infections
- Periodontal Diseases
- Others
Microbiology Testing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals
- Diagnostic Centers
- Academic & Research Institutes
- Others
Microbiology Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Microbiology Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microbiology testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microbiology testing companies profiled in this report include-- Bio-Rad Laboratories
- Abbott Laboratories
- Becton and Dickinson
- F. Hoffmann-La Roche
- Bruker Corporation
- Hologic Corporation
- Danaher Corporation
- Biomerieux
- Thermo Fisher Scientific
- Agilent Technologies
Microbiology Testing Market Insights
The publisher forecasts that instruments will remain the larger segment over the forecast period due to increasing testing volume and on-going technological advancements.Within this market, respiratory diseases is expected to witness the highest growth due to the covid-19 pandemic and growing requirement to identify and manage other respiratory ailments.
North America is expected to witness highest growth over the forecast period due to presence of advanced healthcare facilities and existence of key market players in the region.
Features of the Global Microbiology Testing Market
- Market Size Estimates: Microbiology testing market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Microbiology testing market size by various segments, such as by product, test type, application, end use, and region in terms of value ($B).
- Regional Analysis: Microbiology testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, test types, applications, end uses, and regions for the microbiology testing market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microbiology testing market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the microbiology testing market size?Answer: The global microbiology testing market is expected to reach an estimated $8.8 billion by 2030.
Q2. What is the growth forecast for microbiology testing market?
Answer: The global microbiology testing market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the microbiology testing market?
Answer: The major drivers for this market are increasing burden of infectious diseases and outbreak of epidemics, on-going technological advancements in microbiology testing, and growing government as well as private-public funding for research on infectious diseases.
Q4. What are the major segments for microbiology testing market?
Answer: The future of the microbiology testing market looks promising with opportunities in the respiratory diseases, bloodstream infection, gastrointestinal diseases, sexually transmitted diseases, urinary tract infections, and periodontal diseases markets.
Q5. Who are the key microbiology testing market companies?
Answer: Some of the key microbiology testing companies are as follows:
- Bio-Rad Laboratories
- Abbott Laboratories
- Becton and Dickinson
- F. Hoffmann-La Roche
- Bruker Corporation
- Hologic Corporation
- Danaher Corporation
- Biomerieux
- Thermo Fisher Scientific
- Agilent Technologies
Answer: The publisher forecasts that instruments will remain the larger segment over the forecast period due to increasing testing volume and on-going technological advancements.
Q7. In microbiology testing market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to presence of advanced healthcare facilities and existence of key market players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microbiology testing market by product (instruments and reagents), test type (bacterial, viral, and fungal), application (respiratory diseases, bloodstream infection, gastrointestinal diseases, sexually transmitted diseases, urinary tract infections, periodontal diseases, and others), end use (hospitals, diagnostic centers, academic & research institutes, and others ), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Microbiology Testing Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bio-Rad Laboratories
- Abbott Laboratories
- Becton and Dickinson
- F. Hoffmann-La Roche
- Bruker Corporation
- Hologic Corporation
- Danaher Corporation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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