The clinical microbiology global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Clinical Microbiology Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The clinical microbiology market size has grown strongly in recent years. It will grow from <b>$6.46 billion in 2023 to $6.9 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. </b> The growth in the historic period can be attributed to rise of antimicrobial resistance, infectious disease outbreaks, globalization and travel, aging population, increased healthcare expenditure.
The clinical microbiology market size is expected to see strong growth in the next few years. It will grow to <b>$9.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. </b> The growth in the forecast period can be attributed to demand for rapid results, focus on personalized treatments, increasing demand for surveillance , emphasis on healthcare-associated infections, integration of point-of-care testing . Major trends in the forecast period include omics technology integration, collaborative innovation, healthcare-associated infections awareness, regulatory influence , technological advancements.
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Scope Of Clinical Microbiology Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Clinical Microbiology Market Overview
Market Drivers –
The increase in the incidence of infectious diseases is expected to propel the clinical microbiology market. 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. For instance, in 2022, based on data and statistics provided by the Australian Institute of Health and Wellbeing, a company that offers information about Australia’s welfare and health, Australia saw an increase in notifiable infectious illness cases to 7.02 million in 2021. It demonstrates a considerable increase in the overall number of infectious disease cases. Consequently, the rise in the prevalence of infectious. As a result, the market for clinical microbiology is expanding due to the rise in the prevalence of infectious disorders.
Market Trends –
Technological advancement is a key trend in the clinical microbiology market. 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.
The clinical microbiology market covered in this report is segmented –
1) By Product: Laboratory Instruments, Microbiology Analyzers, Reagents
2) By Indication: Respiratory Diseases, Sexually Transmitted Diseases, Urinary Tract infections, Periodontal Diseases, Other Diseases
3) By End-user: Hospitals, Diagnostic Laboratories, Other End-user
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Regional Insights –
North America was the largest region in the clinical microbiology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical microbiology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the clinical microbiology market report 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, OpGen, Becton Dickinson and Company, Johnson & Johnson, Sanofi SA, Illumina Inc., Medtronic, Cepheid Inc., Quidel Corporation, Luminex Corporation, DiaSorin S.p.A., GenMark Diagnostics Inc., T2 Biosystems Inc., Nanosphere Health Sciences Inc.
Table of Contents
1. Executive Summary
2. Clinical Microbiology Market characterstics
3. Clinical Microbiology Market Trends And Strategies
4. Clinical Microbiology Market – Macro Economic Scenario
5. Global Clinical Microbiology Market Size And Growth
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31. Global Clinical Microbiology Market Competitive Benchmarking
32. Global Clinical Microbiology Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Clinical Microbiology Market
34. Clinical Microbiology Market Future Outlook and Potential Analysis
35. Appendix
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