Microbiology Testing Market - Opportunity Analysis and Industry Forecast with Top Players - F. Hoffmann-La Roche Ltd, Alere, Cepheid, 2018-2023

Microbiology testing has emerged as one of the rapidly changing segment of healthcare over the past few years. Microbiology testing deals with the study of microbial germs and their clinical applications for the improvement of health. Increasing prevalence of various infectious diseases are driving the growth for global microbiology testing market.

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Considering the global scenario of the Microbiology testing market, this market is one of the fastest growing market and expected to continue its growth near future. The total market for Microbiology testing was US$ 2706.1 million in 2016 and expected to reach US$ 5409.1 million by 2023. While considering the segments, Chemicals & Reagents was holding largest market share that was about 42.1% in 2016.

Microbiology Testing Market - Major Players
There are plenty of large and small market players which operate in this market: Alere (US), BD (US), Beckman Coulter, Inc. (US), Biomérieux SA (France), Cepheid (US), F. Hoffmann-La Roche Ltd (Switzerland), Thermo Fisher Scientific Inc. (US)

Microbiology Testing Market - SWOT Analysis
Strengths
• Increasing prevalence of infectious diseases
• Increasing adoption of new methods and techniques
• Increasing use of advanced products
Weakness
• Rapidly changing disease pattern
• High cost of some testing and products
Opportunities
• Emerging markets
• Increasing funding for research
Threats
• Traditional techniques and lab practices
• Slow adaption rate in middle and low income countries

Microbiology Testing Market - Regional Analysis
Considering the global scenario of the microbiology testing market, North America is largest market for Microbiology testing. In 2016, Europe was holding major market share slightly lesser than North America in global microbiology testing market. Countries like Germany, France and UK are holding major stake in this market. The Asia-Pacific (APAC) region is witnessing faster growth of microbiology testing market. While Middle East and Africa shown limited growth in microbiology testing market and expected to grow with a steady pace during the forecast period.

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Microbiology Testing Market - Segmentation
Global Microbiology testing Market has been segmented on the basis of type which comprise Instruments, Chemicals & Reagents, Consumables & Accessories, and others. On the basis of application, it is segmented into, Gastrointestinal Infections, Respiratory Infections, Urinary tract Infections, Sexually Transmitted Infections, Others. On the basis of end user, it is segmented into, Hospital based laboratory, Independent laboratory, and Academics & Research Institutes.

TABLE OF CONTENTS
1 REPORT PROLOGUE
2 INTRODUCTION
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations
3 RESEARCH METHODOLOGY
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 MARKET DYNAMICS
Continued….

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The report for Global Microbiology testing Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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This release was published on openPR.