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Rapid Microbiology Testing Kits Market Potential Analysis, Key Drivers, Emerging Growth, Trends And Forecast To 2033

03-18-2024 07:33 AM CET | Health & Medicine

Press release from: The Business research company

Rapid Microbiology Testing Kits Market Overview

Rapid Microbiology Testing Kits Market Overview

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2101

The Business Research Company offers in-depth market insights through Rapid Microbiology Testing Kits Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The rapid microbiology testing kits market size has grown steadily in recent years. It will grow from $4.61 billion in 2023 to $4.82 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to rising prevalence of infectious diseases, increasing awareness of the benefits of rapid microbiology testing, food safety concerns, growing pharmaceutical manufacturing.

The rapid microbiology testing kits market size is expected to see steadily grown in the next few years. It will grow to $6.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to public health emergencies, foodborne pathogen detection, environmental monitoring, biopharmaceutical growth. Major trends in the forecast period include advances in rapid microbiology testing technology, customization and data integration, nanotechnology and microfluidics, point-of-care testing, digital microbiology, antimicrobial susceptibility testing.

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Market Segmentation:
The rapid microbiology testing kits market covered in this report is segmented -

1) By Product Type: Instruments, Reagents And Kits, Consumables
2) By Testing Type: Growth-Based Rapid Microbiology Testing Kits, Cellular Component-Based Rapid Microbiology Testing Kits, Nucleic Acid-Based Rapid Microbiology Testing Kits, Viability-Based Rapid Microbiology Testing Kits, Other Rapid Microbiology Testing Kits Methods
3) By Application: Clinical Disease Diagnosis, Food And Beverage Testing, Pharmaceutical And Biological Drug Testing, Cosmetics And Personal Care Products Testing, Environmental Testing, Research Applications, Other Applications

Major Driver - Surge In Infectious Diseases Drives Demand For Rapid Microbiology Testing Kits
The rising number of infectious diseases is one of the major drivers for the rapid microbiology testing kits market. Rapid diagnostic tests are faster, more reliable, and more widely available than traditional tests. As the number of infectious disease cases increases, the need for tests to confirm these diseases also increases. With the increasing demand for microbiology tests, the need for rapid microbiology tests is increasing as it gives quicker results than normal microbiology tests. For example, according to the Centers for Disease Control and Prevention (CDC) Trusted Source, the number of visits to physician offices with infectious and parasitic diseases as the primary diagnosis was 15.5 million and the number of emergency department visits with infectious and parasitic diseases as the primary diagnosis was 3.7 million per year.

Competitive Landscape:
Major companies operating in the rapid microbiology testing kits market include Abbott Laboratories, Becton Dickinson and Company, Bruker Corporation, Charles River Laboratories International Inc., Danaher Corporation, Don Whitley Scientific Limited, Merck KGaA, Neogen Corporation, Quidel Corporation, Rapid Micro Biosystems Inc., Thermo Fisher Scientific, Bio-Rad Laboratories, Siemens Healthcare Diagnostics, Sysmex Corporation, Biomérieux, Sartorius Group, TSI Inc., Vivione Biosciences, Gen-Probe, Hoffmann-La Roche Ltd, Orasure Technologies, Remel, Savyon Diagnostics Ltd., Seegene Inc., ThermoGenesis Corp., Trinity Biotech plc, Veredus Laboratories Pte Ltd., ZeptoMetrix Corporation, Hardy Diagnostics, Liofilchem s.r.l., Microbiologics Inc.

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https://www.thebusinessresearchcompany.com/report/rapid-microbiology-testing-kits-global-market-report

Top Trend - Technological Advancements Transform The Rapid Microbiology Testing Kits Market
Technological advancements are an emerging trend in the rapid microbiology testing kits market. This is mainly because these technological advancements improve the reliability and efficiency of tests and testing methods. Automation in rapid microbial detection enables higher throughputs and greater accuracy in results. Similarly, robotic cassette handling, incubation, and imaging reduce the risks of miscounts, mid-test contamination, and incorrect data entry, which leads to fewer false positives and out-of-specification investigations. Fewer investigations then ultimately improve uptime and reduce delay and recall of tests. For example, Abbott Laboratories announced the next generation Alinity HQ Haematology Analyzer that is aimed to minimize errors and reduce manual steps in testing.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Rapid Microbiology Testing Kits Market Characteristics
3. Rapid Microbiology Testing Kits Market Trends And Strategies
4. Rapid Microbiology Testing Kits Market - Macro Economic Scenario
5. Rapid Microbiology Testing Kits Market Size And Growth
…..
27. Rapid Microbiology Testing Kits Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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