Top Trends in Clinical Microbiology Market to 2023 - Overview by Pharma, Clinical and Environment

Key factors driving clinical microbiology growth of market include ongoing technological advancements in field of infectious disease diagnosis, rising incidence of infectious diseases & growing outbreak of epidemics, & increased funding & public-private investments for research & innovation.

Clinical microbiology market is segmented into respiratory diseases, bloodstream infections (BSIs), gastrointestinal (GI) diseases, sexually transmitted diseases (STDs), urinary tract infections (UTIs), periodontal diseases, and other diseases (including cardiovascular disease, central nervous system infections, connective tissue & joint diseases, and skin diseases).

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The global clinical microbiology market is expected to reach USD 4.95 billion by 2023 from USD 3.63 billion in 2018, growing at a CAGR of 6.4%. The technological advancements in disease diagnostics, rising incidence of infectious diseases and growing outbreak of epidemics, and increased funding and public-private investments in the field of disease diagnosis are the key factors driving the growth of this market.

Premium Insights
1 Microbiology Testing Market (2018-2023)
2 Microbiology Testing Market, By Application, 2018-2023 (USD Billion)
3 Clinical Microbiology Market (2018-2023)
4 Clinical Microbiology Products Market, By Region (2018)
5 Clinical Microbiology Market, By Disease Area, 2018 vs 2023 (USD Million)
6 Geographic Analysis: Clinical Microbiology Market, By End User, 2018 vs 2023 (USD Million)

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The clinical microbiology market analyzers product segment is expected to grow at highest CAGR during the forecast period. This can be attributed to the increasing adoption of advanced analyzers for disease diagnosis by end users, and technological advancements in the field of molecular diagnostic instruments.

Microbiology Testing Market, By Application
1 Introduction
2 Pharmaceutical Applications
3 Clinical Applications
4 Food Testing Applications
5 Energy Applications
6 Chemical & Material Manufacturing Applications
7 Environmental Applications

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Objectives of the study are:
• To define, describe, and forecast the global microbiology testing market by application and region.
• To define, describe, and forecast the global clinical microbiology market by product, disease area, end user, and region.
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, growth opportunities, and challenges)
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for major market leaders
• To forecast the size of the market segments with respect to four main regions: North America (the US and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia Pacific (Japan, China, India, and Rest of Asia Pacific), and the Rest of the World (Latin America, the Middle East, and Africa)
• To profile key market players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as mergers and acquisitions; product developments; partnerships, agreements, and collaborations; and expansions in the global microbiology testing/clinical microbiology market

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This release was published on openPR.