-- The global microbiology testing market has been evaluated as swiftly growing market and it is expected that the market will continue to grow similarly in the near future. Increasing prevalence of infectious diseases, changing disease pattern, and growing awareness are key driving forces for global microbiology testing market. Moreover, technological advancement, new techniques and methods, and changing medical sector, increasing funding for research is some factors leads the market growth.
The market for microbiology testing is expected to reach US$ 5409.1 million by 2023 and is projected to grow at a CAGR of 10.4% during the forecast period from 2017-2023.
Taste the market data and market information presented through more than 86 market data tables and 64 figures spread over 129 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Microbiology testing Market – Trends & Forecast, 2017-2023”
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Major Players in Microbiology testing Market:
There are plenty of large and small market players which operate in this market: Alere (US), BD (US), Beckman Coulter, Inc. (US), Biomérieux SA (France), Cepheid (US), F. Hoffmann-La Roche Ltd (Switzerland), Thermo Fisher Scientific Inc. (US
As the market for microbiology testing growing, the competition is also increasing and is getting more intense. Major companies are adopting a various strategies to enter and create unique space in this market. The different strategies used by the companies includes, product launch, agreement and collaboration, partnership and expansion, joint venture and strategic alliance etc. All major players are focusing on new product development to provide new and innovative solutions to the market. Innovative and advanced product launch gives them edge over the competitors. Over the past few years, the microbiology testing market is also changing dramatically. All the solution providers are trying to meet the expectation of consumer that helps them to capture more market share. Some local players are also giving tough competition to the major brands by providing affordable products to the consumers. Major brands are focusing on developing regions like Asia-Pacific to expand their business. In developing nations like China and India, the market for microbiology testing is growing significantly.
Regional Analysis of Global Microbiology testing Market:
Considering the global scenario of the market, North America was holding largest market share of 37.9% in global Microbiology testing market in 2016. Asia-Pacific is second largest and fastest growing market in global Microbiology testing market. APAC is expected to grow at a CAGR of 12.1% during 2017-2023. Europe was second largest microbiology testing market and is expected to grow at a significantly during the forecast period. On the other hand. Middle East and Africa (ME&A) microbiology testing market was growing lower than global average and expected to grow at steady pace.
Segmentation:
Global Microbiology testing Market has been segmented on the basis of type which comprise Instruments, Chemicals & Reagents, Consumables & Accessories, and others. On the basis of application, it is segmented into, Gastrointestinal Infections, Respiratory Infections, Urinary tract Infections, Sexually Transmitted Infections, Others. On the basis of end user, it is segmented into, Hospital based laboratory, Independent laboratory, and Academics & Research Institutes.
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TABLE 1 GLOBAL MICROBIOLOGY TESTING MARKET BY PRODUCT TYPE, 2014 & 2023 (USD MILLION) 30
TABLE 2 GLOBAL MICROBIOLOGY TESTING MARKET FOR INSTRUMENTS, 2014 & 2023 (USD MILLION) 31
TABLE 3 GLOBAL MICROBIOLOGY TESTING MARKET FOR CHEMICALS & REAGENTS, 2014 & 2023 (USD MILLION) 31
TABLE 4 GLOBAL MICROBIOLOGY TESTING MARKET FOR CONSUMABLES & ACCESORIES, 2014 & 2023 (USD MILLION) 32
TABLE 5 GLOBAL MICROBIOLOGY TESTING MARKET BY APPLICATION, 2014-2023 (USD MILLION) 34
TABLE 6 GLOBAL MICROBIOLOGY TESTING MARKET FOR GASTROINTESTINAL INFECTIONS, 2014-2023 (USD MILLION) 35
TABLE 7 GLOBAL MICROBIOLOGY TESTING MARKET FOR RESPIRATORY INFECTIONS, 2014-2023 (USD MILLION) 35
TABLE 8 GLOBAL MICROBIOLOGY TESTING MARKET FOR URINARY TRACT INFECTIONS, 2014-2023 (USD MILLION) 36
TABLE 9 GLOBAL MICROBIOLOGY TESTING MARKET FOR SEXUALLY TRANSMITTED INFECTIONS, 2014-2023 (USD MILLION) 36
TABLE 10 GLOBAL MICROBIOLOGY TESTING MARKET, BY END USER, 2014-2023 (USD MILLION) 38
TABLE 11 GLOBAL MICROBIOLOGY TESTING MARKET FOR HOSPITAL BASED LABORATORY, 2014-2023 (USD MILLION) 39
TABLE 12 GLOBAL MICROBIOLOGY TESTING MARKET FOR INDEPENDENT LABORATORY, 2014-2023 (USD MILLION) 39
TABLE 13 GLOBAL MICROBIOLOGY TESTING MARKET FOR ACADEMICS & RESEARCH INSTITUTES, 2014-2023 (USD MILLION) 40
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TABLE 14 GLOBAL MICROBIOLOGY TESTING MARKET, BY REGION, 2014-2023 (USD MILLION) 42
TABLE 15 NORTH AMERICA MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2014-2023 (USD MILLION) 44
TABLE 16 NORTH AMERICA MICROBIOLOGY TESTING MARKET, BY PRODUCT TYPE, 2014-2023 (USD MILLION) 46
TABLE 17 NORTH AMERICA MICROBIOLOGY TESTING MARKET, BY APPLICATIONS, 2014-2023 (USD MILLION) 47
TABLE 18 NORTH AMERICA MICROBIOLOGY TESTING MARKET, BY END USER, 2014-2023 (USD MILLION) 48
TABLE 19 CANADA MICROBIOLOGY TESTING MARKET, BY PRODUCT TYPE, 2014-2023 (USD MILLION) 49
TABLE 20 CANADA MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2014-2023 (USD MILLION) 50
TABLE 21 CANADA MICROBIOLOGY TESTING MARKET, BY END USER, 2014-2023 (USD MILLION) 50
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