Rapid Microbiology Testing Market Size, Share and Forecast to 2026
The report "Rapid Microbiology Testing Market by Product (Reagents, Kits, Automated Identification System, PCR, Mass Spectrometry), Method (Growth, Nucleic Acid, Viability), Applications (Clinical Diagnosis, Pharma, Environmental) - Global Forecast to 2026", The global rapid microbiology testing market is projected to reach USD 6.7 billion by 2026 from USD 4.2 billion in 2021, at a CAGR of 9.4%.
Key Players:
Abbott Laboratories, Inc. (US), Becton, Dickinson and
Company (US), bioMérieux SA (France), Bruker Corporation (US), Charles River
Laboratories International, Inc. (US), Danaher Corporation (US), Merck KGaA
(Germany), NEOGEN Corporation (US), Quidel Corporation (US), Sartorius AG
(Germany), Thermo Fisher Scientific, Inc. (US), Don Whitley Scientific Limited
(UK), Rapid Micro Biosystems, Inc. (US), Vivione Biosciences, LLC (US),
Gradientech (Sweden), rqmicro AG (Switzerland), Bactest Ltd. (US), Colifast
(Norway), Serosep Ltd. (Ireland), Biosensia (Ireland), Solus Scientific
Solutions Ltd. (Scotland), LubioScience GmbH (Scotland), Euroclone SpA (Italy),
CorDx (US), and R-Biopharm AG (Germany).
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Increasing incidence of infectious disease and cancer,
technological advancements in rapid microbiology testing, increased funding for
R&D and increased focus on the early detection of infectious disease are
among the other factors. Emerging economies such as China, India, and Japan are
providing lucrative opportunities for the players operating in the rapid
microbiology testing market.
The cardiac Instruments segment accounted for the largest
share of the rapid microbiology testing market, by product segment, in 2020
Based on product, the rapid microbiology testing market is
segmented into instruments, reagents and kits, and consumables. The instruments
segment accounted for the largest share of the rapid microbiology testing
market in 2020. Factors such as technological advancements, increasing
incidence of infectious disease and cancer and increased focus on the early
detection of infectious disease are contributing to the growth of this market.
Nucleic acid-based rapid microbiology testing segment to
register the highest growth rate during the forecast period
The rapid microbiology testing market is segmented into
growth-based, nucleic acid-based, viability-based, cellular component-based,
and another rapid microbiology testing. In 2020, the nucleic acid-based segment
accounted for the highest growth rate. Factors such as the increased focus on
early detection of infectious disease and rising incidence of infectious
diseases and cancer.
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The clinical disease diagnostics segment accounted for
the largest share of the rapid microbiology testing market, by applications
segment, in 2020
Based on applications, the rapid microbiology testing market
has been segmented into clinical disease diagnosis, food and beverage testing,
pharmaceutican and biological drug testing, environmental testing, cosmetics,
and personal care products testing, research applications, and other
applications. In 2020, the clinical disease diagnostics segment accounted for
the largest share of the rapid microbiology testing market. The increasing
incidence of infectious disease and cancer is driving this segments growth.
North America is the largest regional market for rapid
microbiology testing market
The global rapid microbiology testing market is segmented
into five major regions, namely, North America, Europe, the Asia Pacific, Latin
America, and the Middle East & Africa. In 2020, North America accounted for
the largest share of the rapid microbiology testing market. The large share of this
region can be attributed to the increased funding on R&D and technological
advancements in the US and Canada.
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