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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Clinical Microbiology Market Growth
The development of new and innovative microbiological technologies such as targeted polymerase chain reactions (PCRs) to increase the cost-effectiveness and improve clinical outcomes is strengthening the market growth of clinical microbiology. In addition, the growing popularity of broad-range and molecular diagnosis to surge the sensitivity of diagnosis while promoting time effectiveness is significantly contributing to the market growth. As the requirement to identify specific pathogens for treatment is significantly escalating, techniques like pyrosequencing methods are increasingly deployed to identify pathogens in blood culture bottles, which is expected to further boost the industry growth.
The increasing advancement to optimise patient management strategies is propelling the growth of the clinical microbiology industry. Moreover, the increasing prevalence of infectious diseases caused by viruses, bacteria, and parasites, among others, is surging the requirement for rapid diagnostic techniques to minimise the risk of fatal and toxic side effects. The increasing research and development (R&D) activities to develop new antigen detection techniques and sequencing while enabling cost-effective and accurate identification of microbes are expected to augment the market growth in the forecast period.
Clinical Microbiology Market Report Snapshots
Clinical Microbiology Market Size
Clinical Microbiology Market Growth
Clinical Microbiology Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global clinical microbiology market attained a value of nearly USD 4.71 billion.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 8.32 billion by 2032.
The major market drivers include the rising emergence of various infectious diseases, the increasing deployment of clinical microbiological techniques for diagnosis, and the development of various innovative diagnostic methods to detect novel viruses.
The key trends propelling the market are the development of new microbiological technologies, the rising popularity of broad-range and molecular diagnostics, and the increasing research and development (R&D) activities by leading companies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products of clinical microbiology in the market are laboratory instruments, microbiology analysers, and reagents.
The significant applications of the product are respiratory diseases, bloodstream infections, gastrointestinal diseases, urinary tract infections, sexually transmitted diseases, and periodontal disease, among others.
The major players in the market are bioMérieux SA, Abbott Laboratories, F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc., and Becton, Dickinson and Company, among others.
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