LONDON, May 04, 2023 (GLOBE NEWSWIRE) -- The Business Research Company’s research on the rapid microbiology testing kits market forecasts the market to grow from $4.3 billion in 2022 to $4.6 billion in 2023, at a CAGR of more than 5%. Furthermore, the rapid microbiology testing kits market is projected to grow to $5.7 billion in 2027, with a CAGR of more than 5%. The North American region was the largest in the market in 2022.
The rising cases of infectious diseases is a major driver for the market, increasing the need for rapid microbiology tests due to their faster and more reliable results. For example, the CDC reported 15.5 million visits to physician offices and 3.7 million emergency department visits with infectious and parasitic diseases as the primary diagnosis annually.
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Technological advancements in the market are an emerging trend, improving the efficiency and reliability of tests and testing methods through automation, robotic handling, and imaging. Automation in rapid microbial identification offers better throughputs and more accurate results. Similarly, robotic cassette handling, incubation, and imaging reduce the risks of miscounts, mid-test contamination, and incorrect data entry, resulting in fewer false positives and out-of-specification investigations. Fewer inquiries will ultimately enhance uptime and reduce test delay and recall. For example, Abbott Laboratories launched the next generation Alinity HQ Hematology Analyzer, which is designed to reduce errors and manual procedures in testing.
Major players in the market include 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
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The global rapid microbiology testing kits market is segmented -
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, Other Applications
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
The Rapid Microbiology Testing Kits Global Market Report 2023 provides a comprehensive analysis of the market. The report offers valuable insights for industry players, investors, and stakeholders looking to understand the current scenario and future potential of the market.
Rapid Microbiology Testing Kits Global Market Report 2023 by The Business Research Company provides insights on the rapid microbiology testing kits market size, rapid microbiology testing kits market segments, rapid microbiology testing kits market trends, drivers and restraints, major competitors’ market positioning, revenues and market shares.
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