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Meticulous Research®—a leading market research company, published a research report titled Microbiology Testing Market by Product (PCR, Mass Spectrometer, HPLC, Stainer, Incubator, Microscopes, Kits, Reagents), Microorganism (Bacteria, Fungi, Virus), Application (Pharmaceutical, F&B, Environment, Cosmetic), End User - Global Forecast to 2030.
According to this latest publication from Meticulous Research®, the global microbiology testing market is projected to reach $21.4 billion by 2030, at a CAGR of 5.9% from 2024 to 2030. The increasing burden of infectious diseases and outbreaks of epidemics, stringent regulations for microbial contamination in pharmaceutical and food & beverage manufacturing, technological advancements in microbiology testing, and rising private-public funding for research on infectious diseases are expected to have a positive impact on the microbiology testing market. However, the high cost of microbiological instruments is expected to restrain the growth of this market.
The global microbiology testing market is segmented by Product (Laboratory Instruments and Analyzers; Kits and Reagents; and Other Products), Microorganism Type (Bacteria, Fungi, and Other Microorganism Types), Application (Pharmaceutical Testing, Diagnostic Testing, Food & Beverage Testing, Environmental Testing, Cosmetic Testing, and Other Applications), End User (Hospitals and Diagnostic Labs, Analytical and Quality Laboratories, and Academic & Research Institutes), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes their market shares at the global and regional levels.
Based on product, in 2024, the laboratory instruments and analyzers segment is expected to account for the largest share of the microbiology testing market. The large market share of this segment is primarily attributed to the rising private-public funding for research on infectious diseases and technological advancements in microbiology testing.
Based on microorganism type, in 2024, the bacteria segment is expected to account for the largest share of the microbiology testing market. The large market share of this segment is primarily attributed to the large number of foodborne diseases caused by bacteria and stringent regulations for bacterial contamination in food & beverage manufacturing.
Based on application, in 2024, the diagnostic testing segment is expected to account for the largest share of the microbiology testing market. The large market share of this segment is primarily attributed to the rising burden of infectious diseases and outbreaks of epidemics, technological advancements in microbiology testing, rising awareness about early disease diagnosis, and increasing healthcare expenditure.
Based on end user, in 2024, the hospitals and diagnostic labs segment is expected to account for the largest share of the microbiology testing market. The large market share of this segment is primarily attributed to the prevalence of infectious diseases such as COVID-19, malaria, dengue, gastrointestinal infections, tuberculosis, and HIV; and technological advancements in terms of automation in microbiology testing.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and the Rest of Latin America), and the Middle East & Africa (South Africa, U.A.E., Saudi Arabia, and the Rest of Middle East & Africa).
Key Players:
Key companies operating in the microbiology testing market are bioMérieux SA (France), Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Bruker Corporation (U.S.), Hologic, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Merck KGaA (Germany), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), and Agilent Technologies, Inc. (U.S.).
Download Sample Report : https://www.meticulousresearch.com/download-sample-report/cp_id=5462
Key questions answered in the report-
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