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Clinical Microbiology Market Size, Growth, Drivers, Industry Trends And Forecast To 2032
Clinical Microbiology Market Report
The Business Research Company's Clinical Microbiology Global Market Report 2023 identifies the increase in the incidence of infectious diseases as the major driver for the clinical microbiology market's growth in the forecast period. Infectious diseases are illnesses brought on by dangerous microorganisms such as bacteria, fungus, parasites, and others. Clinical microbiology helps isolate and characterize infectious organisms to control and treat infectious diseases in patients.
The global clinical microbiology market size is expected to grow from $6.07 billion in 2022 to $6.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The clinical microbiology market is expected to grow to $8.37 billion in 2027 at a CAGR of 6.6%.
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Major competitors in the clinical microbiology market are bioMérieux SA, Danaher Corporation, BD, Abbott Laboratories, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Corporation, QIAGEN NV, 3M, Bio-Rad Laboratories Inc., Bruker Corporation, Hologic Inc., Agilent Technologies Inc., Merck Group, Shimadzu Corporation, Neogen Corporation, Vacutest Kima SRL, Arrow Diagnostics SRL, and OpGen.
A key trend in the clinical microbiology market includes technological advancement. Major companies operating in the clinical microbiology market are focused on research and development for technological innovations, like proteomic fingerprinting for medical diagnosis, to strengthen their position in the market. For instance, in July 2021, Bruker, a German-based company operating in clinical microbiology, introduced its advanced diagnostic product integrated with proteomic fingerprinting known as the MALDI Biotyper Sirius system. The MALDI Biotyper Sirius system provides rapid, nearly universal, and cost-effective microbial identification with antibiotic resistance testing and comprehensive mycobacteria analysis after culture.
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The clinical microbiology market is segmented -
•By Product: Laboratory Instruments, Microbiology Analyzers, Reagents
•By Indication: Respiratory Diseases, Sexually Transmitted Diseases, Urinary Tract Infections, Periodontal Diseases, Other Diseases
•By End-user: Hospitals, Diagnostic Laboratories, Other End-user
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the clinical microbiology market.
The Business Research Company's "Global Clinical Microbiology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Clinical Microbiology Market Include:
1. Executive Summary
2. Clinical Microbiology Market Characteristics
3. Clinical Microbiology Market Trends And Strategies
4. Clinical Microbiology Market - Macro Economic Scenario
5. Clinical Microbiology Market Size And Growth
……
26. Africa Clinical Microbiology Market
27. Clinical Microbiology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Clinical Microbiology Market
29. Clinical Microbiology Market Future Outlook and Potential Analysis
30. Appendix
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