Global Clinical Microbiology Market
Healthcare Services

Clinical Microbiology Market Forecast 2023-2027 By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s clinical microbiology market report forecasts the clinical microbiology market size to grow to $8.37 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

Learn More On The Clinical Microbiology Market Report 2023 – https://www.thebusinessresearchcompany.com/report/clinical-microbiology-global-market-report

Clinical Microbiology Market Size Forecast
The global clinical microbiology market is expected to grow from $6.07 billion in 2022 to $6.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The clinical microbiology market is expected to grow to $8.37 billion in 2027 at a CAGR of 6.6%.

North America held the largest clinical microbiology market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Clinical Microbiology Market Driver ­– Increase In The Incidence Of Infectious Diseases
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 from 2.89 million in 2020 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.

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Key Clinical Microbiology Market Trend – Technological Advancement
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.

Clinical Microbiology Market Segment
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

Clinical Microbiology Market Major Players and Strategies
Major players in the clinical microbiology market 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, and OpGen.

In April 2022, DCN Dx, a US-based company specializing in contract development of rapid point-of-care tests, acquired Biomed Diagnostics Inc for an undisclosed amount. Through this acquisition, DCN Diagnostics aims to strengthen its product portfolio in clinical microbiology and its market presence in microbial testing. Biomed Diagnostics is a US-based manufacturer of high-quality microbiology devices for clinical and veterinary testing.

The Clinical Microbiology Global Market Report 2023 covers regional data on clinical microbiology market size, clinical microbiology market trends and drivers, opportunities, strategies, and clinical microbiology market competitor analysis. The countries covered in the clinical microbiology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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.

View More Reports Related To The Clinical Microbiology Market –
Microbiology Diagnostic Devices And Equipment Global Market Report 2023
Pharma Microbiology Testing Kits Global Market Report 2023
Rapid Microbiology Testing Kits Global Market Report 2023

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