Key Trends in Clinical Microbiology Market to 2023, Growing at 11.5% CAGR and to Reach US$ 4.95 Billion

Clinical microbiology market report also studies factors (such as drivers, restraints, opportunities, and trends) which affect market growth. It analyzes opportunities and challenges in market for stakeholders and provides details of competitive landscape for key players. Get Free Market Updates Now at http://www.reportsnreports.com/contacts/requestsample.aspx?name=323763 .

The global clinical microbiology market is projected to reach USD 5.77 Billion by 2021 from USD 3.35 Billion in 2016, growing at a CAGR of 11.5% from 2016 to 2021. Clinical microbiology market growth can be attributed to factors such as technological advancements; rising incidence of infectious diseases and growing outbreak of epidemics; growing healthcare expenditure across the world.
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

Clinical and molecular microbiology is a branch of microbiology which is concerned with the prevention, diagnosis and treatment of infectious diseases. Clinical microbiologists determine the nature of infectious disease and test the ability of various antibiotics to inhibit or kill the microorganisms. Highly respected for its ability to keep pace with advances in this fast moving field.

More Information on Clinical Microbiology Market spread across 176 Pages, Profiling 10 Companies and Supported with 74 Tables and 62 Figures is now available at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=323763 .

Leading players in clinical microbiology market include bioMerieux S.A. (France),Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.),Cepheid (U.S.) Abbott Laboratories Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Alere Inc. (U.S.), Bruker Corporation (U.S.), and Hologic, Inc. (U.S.).

Key Target Audience
• Microbiological Testing/Clinical Microbiology product manufacturers
• Healthcare service providers (Including hospitals and diagnostic centers)
• Pharmaceutical product manufacturing companies
• Clinical testing laboratories
• Clinical Research Organizations (CROs)
• Food and beverages manufacturing companies
• Petrochemical and biofuel product manufacturing companies
• Oil & gas producing and distribution companies
• Gas operators, distributors, and regulators
• Environmental monitoring committees
• Environmental monitoring product manufacturing companies
• Research laboratories and academic institutes
• Market research and consulting firms

Geographically, clinical microbiology market is classified into four regions— North America, Europe, Asia-Pacific, & Rest of the World. North America and Europe are mature markets for clinical microbiology products. Emerging regions such as Asia-Pacific (including Japan, China, and India, among others) are expected to become new revenue-generating pockets in the market in the next five years.

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Similarly, reagents product segment is further subsegmented into pathogen-specific kits and general reagents. Pathogen-specific kits segment is expected to grow at higher CAGR during the forecast period. Growth of this segment is attributed to factors such as the flexibility pathogen-specific kits offer to end users to optimize the reaction for better results and increasing patient preference across major countries for early and accurate disease diagnosis.

Break-up of primary participants was as mentioned below:
• By Company Type – Tier 1–33%, Tier 2–46% and Tier 3–21%
• By Designation – C-level–26%, Director Level–20%, Others–54%
• By Region – North America–33%, Europe–29%, AsiaPacific–24%, RoW–14%

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