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How Significant is the Anticipated Growth Rate of the Virology And Bacteriology Market from 2025 to 2034?

The market for virology and bacteriology has experienced a robust expansion in the past few years. The projections suggest an escalation from $2.44 billion in 2024 to $2.67 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. The unprecedented growth previously seen can be traced back to factors such as increased global travel, a rise in the demand for quick diagnostic tests, growth in globalization, enhanced research on zoonotic disease, and an augmentation in education programs.

In the coming years, a significant expansion is anticipated in the virology and bacteriology market. The market is projected to reach $3.78 billion in 2029 with a compound annual growth rate (CAGR) of 9.1%. This projected growth during the forecast period is due to factors such as the increasing occurrence of infectious diseases, development of global health infrastructure, expansion in research activities, rise in disposable income, and an increase in both aerobic and anaerobic tests. Key trends to watch for in the projected period include advancements in technology, the rise of personalized medicine, the integration of artificial intelligence, innovations in vaccine technology, and the incorporation of telemedicine.

What External and Internal Drivers Are Contributing to the Growth of the Virology And Bacteriology Market’s Growth?

The virology and bacteriology market is expected to grow due to the increasing occurrence of infectious diseases. Infectious diseases, which are caused by the proliferation of pathogenic microorganisms like bacteria, viruses, fungi, or parasites in the body, can include ailments such as influenza, tuberculosis (TB), HIV/AIDS, malaria, and others. Factors contributing to the rise in infectious diseases include challenges from pathogens, perhaps fueled by globalization, urbanization, antimicrobial resistance, and environmental alterations. Virology and bacteriology tests aid in the diagnosis of these diseases by detecting the exact pathogens causing the illness, which in turn enables precise treatment and management. For example, the Centers for Disease Control and Prevention, a government agency based in the US, revealed that TB cases in the US surged by 5.9%, going from 7,870 cases in 2021 to 8,331 cases in 2022. Hence, the escalation in the prevalence of infectious diseases is likely to be a significant driver for the virology and bacteriology market.

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Who Are the Dominant Players Pushing the Boundaries of the Virology And Bacteriology Market?

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

How Are Market Trends Revolutionizing the Virology And Bacteriology Industry in Recent Times?

Firms leading the virology and bacteriology industry are centering their efforts on the creation of novel products like bacteria detection kits, aiming to expand diagnostic abilities and tackle infectious diseases. These kits serve as diagnostic apparatuses crafted to detect and assess bacteria in different specimens such as blood, urine, food or substances from the environment. For example, in December 2023, HiMedia Laboratories LLC, a bioscience firm from India, collaborated with NG Biotech, a French company that makes in vitro diagnostic tools. Together, they introduced the NG-Test CARBA 5 kits, created to detect carbapenemase-producing bacteria. The Central Drugs Standard Control Organization (CDSCO) gave its approval for these kits, which come with cutting-edge technology able to accurately spotlight a wide range of bacteria resistant to antimicrobials, including enzymes like carbapenemases. The kits provide swift and trustworthy results, enabling quick decision-making in a clinical environment. Moreover, they are user-oriented and can be used with diverse samples, including blood, urine, and environmental ones.

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Which Key Segments Stand Out in Understanding the Composition of the Virology And Bacteriology Market?

The virology and bacteriologymarket covered in this report is segmented –

1) By Product: Equipment, Reagents

2) By Technology: Molecular Diagnostics, Immunoassays, Diagnostic Imaging, Information Technology

3) By End User: Hospitals, Diagnostic Centers, Research Laboratories, Blood Banks

Subsegments:

1) Equipment: Laboratory Equipment, Diagnostic Instruments

2) Reagents: Culture Media, Detection Kits

Which Geographic Areas Are Influencing the Growth of the Virology And Bacteriology Market?

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.

How Can We Define the Virology And Bacteriology Market and Its Key Components?

Virology and bacteriology refer to the scientific disciplines dedicated to studying viruses and bacteria, respectively. Virology studies viruses, including their structure, function, and the diseases they cause. Bacteriology deals with bacteria, examining their physiology, genetics, and role in health and disease. These fields are used to diagnose infections, develop vaccines and antibiotics, and advance knowledge about microbial life and its interactions with humans and other organisms.

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