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Rising Incidences Of Infectious Diseases Propel Growth In Virology And Bacteriology Market: Pivotal Factor Influencing Virology And Bacteriology Market Growth in 2025
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Virology And Bacteriology Market Size Growth Forecast: What to Expect by 2025?_x000D_
The market size for virology and bacteriology has seen a robust expansion in the past few years. The market is projected to escalate from $2.44 billion in 2024 to about $2.67 billion in 2025, having a compound annual growth rate (CAGR) of 9.5%. This growth during the historic period can be linked to the rise in global travel, an increased demand for swift diagnostic tests, amplified globalization, advancements in zoonotic disease research, and the expansion of educational programs._x000D_
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How Will the Virology And Bacteriology Market Size Evolve and Grow by 2029?_x000D_
The market size for virology and bacteriology is predicted to experience significant expansion in the upcoming years, with expected growth to $3.78 billion by 2029, showcasing a compound annual growth rate (CAGR) of 9.1%. The surge in the prediction period is primarily due to the increasing instances of infectious diseases, broader global health infrastructure, rising research activities, escalating disposable income, and a boost in the number of aerobic and anaerobic tests. Key trends forecasted during this period include advancements in technology, precision medicine, artificial intelligence utilization, vaccine technology, and the rise of telemedicine._x000D_
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What Drivers Are Propelling the Growth of Virology And Bacteriology Market Forward?_x000D_
The escalating occurrences of contagious diseases are projected to boost the progression of the virology and bacteriology sector in the future. Contagious diseases are ailments induced by harmful microorganisms like bacteria, viruses, fungi, or parasites that infiltrate and proliferate in the body. Some such transmittable diseases include influenza, tuberculosis (TB), HIV/AIDS, malaria, and more. The escalating pervasiveness of infectious maladies is attributed to the intensifying challenges brought about by pathogens, potentially resulting from globalization, urbanization, antimicrobial resistance, and alterations in the environment. Virology and bacteriology tests assist in diagnosing infectious diseases by pinpointing the specific pathogens causing the malady, thus enabling targeted treatment and management. For example, in November 2023, as per the Centers for Disease Control and Prevention, a government agency based in the US, there was a 5.9% rise in tuberculosis (TB) cases in the US from 7,870 cases in 2021 to 8,331 cases in 2022. Consequently, the escalating incidence of contagious diseases is set to fuel the virology and bacteriology sector._x000D_
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Which Emerging Trends Are Transforming the Virology And Bacteriology Market in 2025?_x000D_
Prominent entities in the virology and bacteriology industry are concentrated on the development of novel products like bacteria detection kits, with the aim of boosting diagnostic capabilities and tackling infectious diseases' obstacles. These kits are diagnostic devices specially constructed to detect and analyze bacterial presence in different samples including blood, urine, food, and environmental specimens. For example, HiMedia Laboratories LLC, a bioscience firm based in India, in December 2023, collaborated with NG Biotech, a French company that manufactures in vitro diagnostic equipment, to introduce the NG-Test CARBA 5 kits. These kits, which can detect carbapenemase-producing bacteria, got approval from the Central Drugs Standard Control Organization (CDSCO). The kits, armed with groundbreaking technology, can precisely detect a variety of antimicrobial-resistant bacteria, including those that produce enzymes like carbapenemases. These kits generate quick and trustworthy results, enabling swift decision-making in healthcare environments. Plus, they are designed for ease of use and compatibility with a diverse range of sample types, including blood, urine, and environmental specimens._x000D_
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What Are the Key Segments in the Virology And Bacteriology Market?_x000D_
The virology and bacteriologymarket covered in this report is segmented -_x000D_
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1) By Product: Equipment, Reagents_x000D_
2) By Technology: Molecular Diagnostics, Immunoassays, Diagnostic Imaging, Information Technology_x000D_
3) By End User: Hospitals, Diagnostic Centers, Research Laboratories, Blood Banks_x000D_
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Subsegments:_x000D_
1) Equipment: Laboratory Equipment, Diagnostic Instruments_x000D_
2) Reagents: Culture Media, Detection Kits_x000D_
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Who Are the Key Players Shaping the Virology And Bacteriology Market's Competitive Landscape?_x000D_
Major companies operating in the virology and bacteriology market are F. Hoffmann-La Roche AG, Merck KGaA, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton Dickinson and Company, Laboratory Corporation of America Holdings, Agilent Technologies Inc., Hologic Inc., bioMérieux SA, Bio-Rad Laboratories Inc., Bruker Corporation, Cepheid Inc., Eiken Chemical Co. Ltd., NEOGEN Corporation, Cerba Research, Luminex Corporation, Fujirebio Diagnostics Inc., Trinity Biotech plc, Microbiologics Inc., Bionano Genomics Inc., Scienion GmbH, Quidel Corporation _x000D_
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What Geographic Markets Are Powering Growth in the Virology And Bacteriology Market?_x000D_
North America was the largest region in the virology and bacteriology market in 2024. The regions covered in the virology and bacteriology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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