The Rapid Microbiology Testing Kits Market Share, Market Size, And Growth Rate 2022
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The rapid microbiology testing kits market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 5%, as per The Business Research Company’s market report!
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The Rapid Microbiology Testing Kits Market Size In 2022 And Forecast
The global rapid microbiology testing kits market is expected to grow from $4.10 billion in 2021 to $4.36 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. 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, affecting many markets across the globe. The rapid microbiology testing kits market is expected to grow to $5.28 billion in 2026 at a CAGR of 4.9%.
The rapid microbiology testing kits market consists of sales of rapid microbiology test kits and equipment.
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Rise In Number Of Infectious Diseases Is Driving The Growth Of The Rapid Microbiology Testing Kits Market
For example, according to the Centers for Disease Control and Prevention (CDC) Trusted Source, the number of visits to physician offices with infectious and parasitic diseases as the primary diagnosis was 15.5 million and the number of emergency department visits with infectious and parasitic diseases as the primary diagnosis was 3.7 million per year.
Competitive Landscape And The Regional Analysis Of The Rapid Microbiology Testing Kits Market
Major players in the rapid microbiology testing kits market are Abbott Laboratories, Becton, Dickinson and Company, Bruker Corporation, Charles River Laboratories International Inc., Danaher Corporation, Don Whitley Scientific Limited, Merck KGaA, Neogen Corporation, Quidel Corporation, and Rapid Micro Biosystems Inc.
The Rapid Microbiology Testing Kits Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the rapid microbiology testing kits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the rapid microbiology testing kits market.
Technological Advancement – A Key Trend In The Rapid Microbiology Testing Kits Market
Technological advancements are an emerging trend in the rapid microbiology testing kits market. This is mainly because these technological advancements improve the reliability and efficiency of tests and testing methods. Automation in rapid microbial detection enables higher throughputs and greater accuracy in results. Similarly, robotic cassette handling, incubation, and imaging reduce the risks of miscounts, mid-test contamination, and incorrect data entry, which leads to fewer false positives and out-of-specification investigations. Fewer investigations then ultimately improve uptime and reduce delay and recall of tests.
Rapid Microbiology Testing Kits Market Segmentation By The Business Research Company
1) By Product Type: Instruments, Reagents And Kits, Consumables
2) By Application: Clinical Disease Diagnosis, Food And Beverage Testing, Pharmaceutical And Biological Drug Testing, Cosmetics And Personal Care Products Testing, Environmental Testing, Research Applications, Others
3) By Testing Type: Growth-Based Rapid Microbiology Testing Kits, Cellular Component-Based Rapid Microbiology Testing Kits, Nucleic Acid-Based Rapid Microbiology Testing Kits, Viability-Based Rapid Microbiology Testing Kits, Other Rapid Microbiology Testing Kits Methods
Here Are Some Reports Related To The Rapid Microbiology Testing Kits Market –
Microbiology Diagnostic Devices And Equipment Global Market Report 2022
Pharma Microbiology Testing Kits Global Market Report 2022
COVID-19 Detection Test Kits And Consumables Global Market Report 2022
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