How Will The Microbiology Diagnostic Devices And Equipment Market Size Grow In The Coming Years?
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
North America held the largest microbiology diagnostic devices and equipment market share.
The global microbiology diagnostic devices and equipment market is expected to grow from $3.94 billion in 2022 to $4.43 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The global microbiology diagnostic devices and equipment market size is expected to grow from $6.35 billion in 2027 at a CAGR of 9.4%.
Major Driver In The Microbiology Diagnostic Devices And Equipment Market – Increase In Funding Of Public And Private Investments In Medical Devices
According to MedTech news, a source of medical technology news, the private equity business invested $111.8 billion (c.$151 billion) in the healthTech industry. Furthermore, in the medTech vertical, 96 transactions totaling $40.8 billion were finalised internationally. The microbiological diagnostic devices market is likely to be driven by increased investments in digital health technologies, artificial intelligence and non-invasive monitoring capability, gene therapy and regenerative medicine delivery technologies, and customised 3D printing of medical equipment.
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Key Microbiology Diagnostic Devices And Equipment Market Segments
1) By Type: Laboratory Instruments, Microbiology Analysers
2) By End User: Hospitals, Diagnostic Centres, Customer Lab Service Providers, Academic Institutes, Research Institutes
3) By Laboratory Instruments: Incubators, Gram Stainers, Bacterial Colony Counters, Petri Dish Fillers, Automated Culture Systems
4) By Micro-Biology Analyzers: Microbiology Diagnostics Instruments, Microscopes
5) By Reagents: Pathogen-Specific Kits, General Reagents
Recent Microbiology Diagnostic Devices And Equipment Market Trend – Adopting Next-Generation Sequencing Technologies
Because of its low cost, sensitivity to detect low-frequency variations, and broad genome coverage. Next-Generation Sequencing (NGS), also known as high throughput sequencing or Massively Parallel Sequencing (MPS), is a method of sequencing genomes that may sequence hundreds to thousands of genes or gene sections and can find new resistance genes (ARG) in bacteria. BioMérieux collaborated with Illumina to create bioMérieux EpiSe, an NGS service that will aid in the epidemiological surveillance of bacterial illnesses and the monitoring of hospital epidemics. Illumina (Solexa) sequencing, Roche 454 sequencing, Ion torrent Proton / PGM sequencing, and SOLiD sequencing are some of the latest next-generation sequencing technologies that aid in the sequencing of DNA and RNA.
Microbiology Diagnostic Devices And Equipment Market Prominent Players
Major players in the microbiology diagnostic devices and equipment market are Becton Dickinnson and Company, Biomerieux, Danaher, Thermo Fisher Scientific, Abbott Laboratories, Bio-Rad Laboratories Inc., Bruker Corporation, Neogen Corporation, Merck KGaA, and Charles River Laboratories International Inc.
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The Microbiology Diagnostic Devices And Equipment Global Market Report 2023 provides a comprehensive overview on the microbiology diagnostic devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the microbiology diagnostic devices and equipment 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.
Microbiology diagnostics devices and equipment comprise a wide range of objects used in microbiology laboratories to diagnose infectious diseases by investigating microorganisms. Microscopes, slides, test tubes, Petri plates, growth media (liquid and solid), inoculation loops, pipettes, and tips, incubators, autoclaves, and laminar flow hoods were among the instruments and equipment used. Some pieces of equipment, such as microscopes and hoods, are permanent, while others, such as pipette tips, are not.
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