Global Microbiology Testing
Market Insights
The global Microbiology Testing market is estimated to grow at a substantial CAGR during
the forecast period. Rising incidence of infectious diseases, outbreaks of
epidemics and technological advancements in microbiology testing are the major
factors driving the global market. Furthermore, there has been a significant
rise in research activities in infectious diseases due to availability of
public and private spending. Steady rise in healthcare expenditure in developed
and developing countries is also expected to drive the microbiology testing
market.
However,
relatively high cost of microbiology testing equipment is expected to hinder
growth in the market in developing nations with limited health infrastructure.
Issues with respect to laboratory reimbursement are also projected to have a
negative impact on the microbiology testing market.
Request a free sample copy of this report
@: https://www.globalmarketestimates.com/microbiology-testing-market
Global Microbiology Testing
Market: By Product Type
The global
Microbiology Testing market can be classified based on type into Equipment and
Reagents among others. The equipment segment is expected to hold the largest
market share in terms of revenue during the forecast period. Increasing
adoption of conventional laboratory instruments coupled with technological
advancements in molecular techniques are some factors driving the market for
microbiology testing equipment during the forecast period.
Global Microbiology Testing
Market: By Application
The global
Microbiology Testing market can be segmented on the basis of application into
pharmaceutical, diagnostic, food & beverage testing, environmental and
cosmetics among others. The pharmaceutical application segment is expected to
hold the largest market share in terms of revenue due to multiple applications
of microbial testing in diagnosis of respiratory diseases, bloodstream
infections, gastrointestinal diseases, periodontal diseases and urinary tract
infections among others.
Global Microbiology Testing
Market: Regional Insights
North America
is expected to dominate the microbiology testing market in terms of revenue,
followed by Europe. This can be attributed to presence of multiple companies
and institutions focused on microbiology testing. Further, growth in investment
and availability of multiple testing facilities in the region are some factors
expected to have a positive impact on growth in the global microbiology testing
market.
Global Microbiology Testing
Market: Vendor Landscape
The report
contains a chapter dedicated to vendors operating in the market, covering raw
material manufactures, equipment developers, manufacturers, and distributors.
The report provides these insights on a regional level. This section of the
report entails contact details, experience, products manufactured/supplied, and
geographical presence of companies.
Global Microbiology Testing
Market: Share & Competitor Analysis
Some of the
key players operating in the Microbiology Testing market are Bio-Rad
Laboratories Inc., Thermo Fisher Scientific Inc., Abbott Laboratories, Becton
Dickinson, Alere Inc., Roche Holding, Cepheid Inc, 3M Company, Accepta Ltd,
Agilent Technologies Inc., Aquagenx Llc, and Avantor Performance Materials Llc
among others.
In June 2017,
Bio-Rad launched RT-PCR Assay Kit for detection of fatal viruses such as zika,
dengue and chikungunya
In March
2017, Cepheid launched Xpert MTB/RIF Ultra for diagnosis of TB in children and
patients with HIV
In January 2017, Abbott acquired St. Jude Medical.Check our Artificial Intelligence Powered Real Time Competitive Analytics Tool @: https://www.globalmarketestimates.com/artificial-intelligence-powered-real-time-competitor-analytics/
No comments:
Post a Comment