Press release
Rapid Microbiology Testing Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031
The global rapid microbiology testing market was valued at USD 4.2 billion in 2021 and it is anticipated to grow up to USD 10.7 billion by 2031, at a CAGR of 9.8% during the forecast period.Global Rapid microbiology testing report from Global Insight Services is the single authoritative source of intelligence on Rapid microbiology testing market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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The global rapid microbiology testing market was valued at USD 4.2 billion in 2021 and it is anticipated to grow up to USD 10.7 billion by 2031, at a CAGR of 9.8% during the forecast period.
Rapid microbiology testing has high sensitivity and less turnover time compared to traditional methods and is used to diagnose infectious diseases or target products by examining pathogens within a short period.
Rapid microbiology testing has high sensitivity and less turnover time compared to traditional methods and is used to diagnose infectious diseases or target products by examining pathogens within a short period.
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Major Players in the Global Rapid Microbiology Testing Market
The key players in the market are Abbott Laboratories, Inc. (US), Becton, Dickinson and Company (US), bioMérieux SA (France), Bruker Corporation (US), Charles River Laboratories International, Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), NEOGEN Corporation (US), Quidel Corporation (US), Sartorius AG (Germany) and Thermo Fisher Scientific, Inc. (US), among others.
Global Rapid Microbiology Testing Market Segmental Overview
The report analyses the global rapid microbiology testing market based on product, application, method, and region.
Global Rapid Microbiology Testing Market by Product
Based on product, it is segmented into instrument, reagent and kits, and consumables. Among these, the instruments segment is expected to witness significant CAGR through 2031. This is attributed to the adoption of new instruments with advanced technology. For instance, in August 2018, Illumina received approval from the China National Drug Administration for the launch of MiSeq Dx Sequencing System in China.
Global Rapid Microbiology Testing Market by Method
Based on method, it is segmented into growth-based rapid microbiology testing, cellular component-based rapid microbiology testing, nucleic acid-based rapid microbiology testing and viability-based rapid microbiology testing. Among them, the growth-based rapid microbiology testing segment accounted for USD 12.6 billion in 2021 as it offer a greater sensitivity.
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