Press release
Rapid Microbiology Testing Market to Witness a CAGR of 10.73% during 2020 to 2026 Globally – Axiom MRC
Rapid Microbiology Testing Market - Axiom MRC
The report analyses the global rapid microbiology testing industry based on method, product, application, end user and geography. Various method studied in the report are growth-based rapid microbiology testing, cellular component-based rapid microbiology testing, nucleic acid-based rapid microbiology testing, viability-based rapid microbiology testing & other rapid microbiology testing methods. The products of the industry are classified into instruments, reagents & kits & consumables. Furthermore, several applications of the industry are segmented into clinical disease diagnosis, food & beverage testing, pharmaceutical & biological drug testing, environmental testing, cosmetics & personal care products testing and research applications and other applications. The end users of rapid microbiology testing industry are diagnostic laboratories & hospitals, food & beverage companies, pharmaceutical & biotechnology companies, contract research organizations, and other end users. The global rapid microbiology testing market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
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The key competitors of this market include bioMérieux SA (France). Abbott Laboratories Inc. (US), Danaher Corporation (US), and Becton, Dickinson and Company (US), Bruker Corporation (US), Charles River Laboratories International, Inc. (US), Don Whitley Scientific Limited (UK), Merck KGaA (Germany), Neogen (US), Quidel Corporation (US), Rapid Micro Biosystems, Inc. (US), Sartorius Group (Germany), Thermo Fisher Scientific (US), TSI Inc. (US), and Vivione Biosciences, LLC (US).
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Rapid Microbiology Testing Market Regional Trends
The North America accounted for the largest market share in 2019 in terms of revenue followed by Europe. Rising prevalence of various diseases among the population, refined healthcare infrastructure, and rising need for advanced diagnostic testing are the key reasons accounted for the market growth in North America.
Rapid Microbiology Testing Market Segmental Highlights:
• The clinical disease diagnosis application segment is expected to dominate the rapid microbiology testing market during the forecast period, due to the increasing use of rapid microbiology testing for the diagnosis of infectious diseases in humans; rising emphasis on effective and early disease diagnosis across major markets; and the introduction of advanced, accurate, and rapid methods for faster clinical diagnosis
• Among the various methods employed in the rapid microbiology testing, the growth-based rapid microbiology testing segment is anticipated dominate the market in 2019, due to factors such as the ease of processing (this method uses conventional liquid or agar media), the limited requirement of skilled professionals, and supportive government regulations
• In 2019, diagnostic laboratories & hospitals accounted for the major market share in terms of revenue, due to flooding demand from critically ill patients and high occurrence of infectious disease and increasing geriatric populace
Research Objectives of Rapid Microbiology Testing Market Report:
• Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Rapid Microbiology Testing Market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players
Our Other Related Reports:
Flow Cytometry Market Report:
https://axiommrc.com/product/hc1905-flow-cytometry-market-report
Immunohistochemistry Market Report:
https://axiommrc.com/product/hc1916-immunohistochemistry-market-report
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About Us:
Axiom Market Research & Consulting™ is a full-service market research and data analytics company providing key market intelligence to global companies to take informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.
Axiom Market Research & Consulting™ offers market research services such as syndicated market research, custom market research, business consulting, and consumer/end user surveys. Under Business to Consumer (B2C) market research offerings, Axiom MRC assists its clients in finding quantitative information/preferences of its brands and services such as, awareness, usages, satisfaction, tracking, ethnicity etc. Axiom MRC offers data collection services through online surveys, social media, data processing and interpretation.
Axiom MRC with its experienced team of research and data analysts, has delivered more than 700+ Market Research Projects, 2100+ Data Analytics Projects, 260+ Business Support Projects and has a 400+ Global Client Base. Axiom Market Research & Consulting™ aims to become the preferred market research and data Analytics Company by providing key market intelligence solutions for client’s business growth.
For more information, visit Axiom Market Research & Consulting™ at www.axiommrc.com
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