Rapid Microbiology Testing Kits Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Abbott Laboratories, Becton Dickinson and Company, Bruker Corporation, Charles River Laboratories International Inc.

"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.

Market Overview -
Rapid microbiology testing has high sensitivity and less turnover time compared to traditional methods and is used to diagnose infectious diseases or target products by examining pathogens within a short period.

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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.

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.

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Key Segments -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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