$4.95 Bn Microbiology Testing/Clinical Microbiology Market – Global Forecast to 2023

Dublin, Sept. 20, 2018 (GLOBE NEWSWIRE) — The “Microbiology Testing/Clinical Microbiology Market by Application , Disease , Product , End User – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global clinical microbiology market is projected to reach USD 4.95 billion by 2023 from USD 3.63 billion in 2018, growing at a CAGR of 6.4% from 2018 to 2023.

Key factors driving the growth of this market include ongoing technological advancements in the field of infectious disease diagnosis, rising incidence of infectious diseases and growing outbreak of epidemics, and increased funding and public-private investments for research and innovation. However, factors such as reimbursement concerns and unfavorable regulatory scenario are restraining the growth of this market to a certain extent.

By product, the clinical microbiology market is classified into instruments (laboratory instruments and microbiology analyzers) and reagents (pathogen-specific kits and general reagents). In 2018, the instruments product segment accounted for the largest share of the market, however, the reagents product segment is expected to grow at a higher rate during the forecast period. The growth of the reagents segment can be attributed to the high prevalence of infectious diseases across major markets, growing trend of reagent rental agreements along with instrument sales, and the increasing number of life science researches in the field of pathogen-specific reagents.

North America is expected to hold the largest share of the global clinical microbiology market in 2018, however, Asia Pacific is expected to grow at the fastest rate during the forecast period. Factors such as the growing number of hospitals and clinical diagnostic laboratories in developing APAC countries; expanding research capabilities for the development of innovative and affordable clinical microbiology testing procedures across India, China, and Japan; and the rising incidence and prevalence of infectious diseases in the region.

Some of the major market players in the microbiology testing/clinical microbiology market are

  • Biomrieux
  • Danaher Corporation
  • Becton, Dickinson and Company
  • Abbott
  • Roche Diagnostics (A Subsidiary of F. Hoffmann-La Roche Ltd.)
  • Bruker
  • Hologic
  • Bio-Rad
  • Qiagen
  • Thermo Fisher Scientific
  • Agilent
  • Merck KGaA
  • Shimadzu
  • 3M
  • Neogen

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Microbiology Testing Market (2018-2023)
4.2 Microbiology Testing Market, By Application, 2018-2023 (USD Billion)
4.3 Clinical Microbiology Market (2018-2023)
4.4 Clinical Microbiology Products Market, By Region (2018)
4.5 Clinical Microbiology Market, By Disease Area, 2018 vs 2023 (USD Million)
4.6 Geographic Analysis: Clinical Microbiology Market, By End User, 2018 vs 2023 (USD Million)

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Disease Diagnostics
5.2.1.2 Rising Incidence of Infectious Diseases and Growing Outbreaks of Epidemics
5.2.1.3 Increased Funding and Public-Private Investments
5.2.2 Restraints
5.2.2.1 Limited Reimbursement Policies for Microbiology Testing Procedures
5.2.2.2 Unfavorable Regulatory Scenario
5.2.3 Opportunities
5.2.3.1 Improving Healthcare Infrastructure Across Emerging Countries
5.2.4 Challenges
5.2.4.1 Operational Barriers Related to the Use of Diagnostic Tests
5.2.4.2 Bundled Sales of Microbiology Testing Products – A Key Challenge for Small and Emerging Reagent Manufacturers

6 Microbiology Testing Market, By Application

6.1 Introduction
6.2 Pharmaceutical Applications
6.3 Clinical Applications
6.4 Food Testing Applications
6.5 Energy Applications
6.6 Chemical & Material Manufacturing Applications
6.7 Environmental Applications

7 Clinical Microbiology Market, By Product

7.1 Introduction
7.2 Instruments
7.2.1 Laboratory Instruments
7.2.1.1 Incubators
7.2.1.2 Gram Stainers
7.2.1.3 Bacterial Colony Counters
7.2.1.4 Autoclave Sterilizers
7.2.1.5 Microbial Air Samplers
7.2.1.6 Anaerobic Culture Systems
7.2.1.7 Petri Dish Fillers
7.2.1.8 Blood Culture Systems
7.2.1.9 Microbial Culture Systems
7.2.1.10 Other Laboratory Instruments
7.2.2 Microbiology Analyzers
7.2.2.1 Molecular Diagnostic Instruments
7.2.2.2 Microscopes
7.2.2.3 Mass Spectrometers
7.3 Reagents
7.3.1 Pathogen-Specific Kits
7.3.2 General Reagents

8 Clinical Microbiology Market, By Disease Area

8.1 Introduction
8.2 Respiratory Diseases
8.3 Bloodstream Infections
8.4 Gastrointestinal Diseases
8.5 Sexually Transmitted Diseases
8.6 Urinary Tract Infections
8.7 Periodontal Diseases
8.8 Other Diseases

9 Clinical Microbiology Market, By End User

9.1 Introduction
9.2 Hospitals & Diagnostic Centers
9.3 Custom Lab Service Providers
9.4 Academic & Research Institutes

10 Microbiology Testing/Clinical Microbiology Market, By Region

11 Competitive Landscape

11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Key Product Launches and Approvals (2014-2018)
11.3.2 Key Agreement, Partnerships, and Collaborations (2014-2018)
11.3.3 Key Acquisitions and Divestments (2014-2018)
11.3.4 Key Expansions (2014-2018)

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/ggv24t/4_95_bn?w=12

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Related Topics: In Vitro Diagnostics

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