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Clinical Microbiology Market Is Poised To Register 7.8% Growth By The End Of 2033 | Legacy Billiards, Olhausen Billiard Mfg. Inc, Riley England And Valley Dynamo Inc
Clinical Microbiology Market
The clinical microbiology market size is expected to see strong growth in the next few years. It will grow to $9.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. 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.
Market Overview -
Clinical microbiology is the branch of medical science that encompasses a broad range of testing methodologies, methods to isolate and identify a broad range of microorganisms, and clinical applications of microbes to improve health.
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The Surging Clinical Microbiology Market Amidst Escalating Incidence Of Infectious Diseases
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.
Competitive Landscape -
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.
Advancements In Clinical Microbiology Propel Innovation With Bruker's Maldi Biotyper Sirius System
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.
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Key Segments -
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
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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