Global Rapid Microbiology Testing Market Will Reach USD 6,031 Million By 2025: Zion Market Research

According to the report, the global rapid microbiology testing market accounted for USD 3,446 million in 2018 and is expected to reach approximately USD 6,031 million by 2025, at a CAGR of around 8.32% between 2019 and 2025.


New York, NY, Feb. 04, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Rapid Microbiology Testing Market by Product (Instruments, Reagent & Kits, and Consumables), by Method (Growth-Based, Viability-Based, Cellular Component-Based, Nucleic Acid-Based, and Others), and by Application (Clinical Disease Diagnosis, Food & Beverage Testing, Pharmaceutical & Biological Drug Testing, Cosmetics & Personal Care Products Testing, Environmental Testing, Research Applications, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global rapid microbiology testing market accounted for USD 3,446 million in 2018 and is expected to reach approximately USD 6,031 million by 2025, at a CAGR of around 8.32% between 2019 and 2025.

Microbiological testing involves various methods of detecting microorganisms in a given sample. It is one of the important processes carried out in medical, healthcare, and food industries for the prevention of product damage in the future. The test is also considered as one of the vital precautionary methods for industrial products. Rapid microbiology testing is an alternative to microbiological testing. Rapid microbiology testing takes lesser time when compared to conventional rapid microbiological testing.

Browse through 54 Tables & 15 Figures spread over 110 Pages and in-depth TOC on “Global Rapid Microbiology Testing Market: By Product Type, Industry Size, Share, Trends, Segments, Analysis and Forecast 2018—2025”.

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Globally, the rapid microbiology testing market is likely to grow in the upcoming years due to the rising prevalence of chronic infectious diseases. The rapid technological advancements witnessed across the world is another factor that is anticipated to drive the microbiology testing market in the upcoming years. However, the lack of proper reimbursement policies might hinder the rapid microbiology testing market. Emerging economies, such as India and China, might offer new growth opportunities for this microbiology testing market over the forecast timeframe.

The rapid microbiology testing market is classified into product type, method, and application. By product type, the rapid microbiology testing market is sectored into consumables, instruments, and reagent and kits. Instruments segment is projected to dominate the microbiology testing market globally in the years ahead. By method, this global market is classified into viability-based, growth-based, nucleic acid-based, cellular component-based, and others. The growth-based method dominated the rapid microbiological testing market globally in 2017 and is likely to retain its dominance over the forecast time period as well. Application wise, the rapid microbiology testing market is segmented into food and beverage testing, research applications, environmental testing, pharmaceutical and biological drug testing, clinical disease diagnosis, cosmetics, and personal care products testing, and others. The clinical diseases diagnosis segment is anticipated to hold the largest market share in the future due to the increasing prevalence of chronic infections among the global population.

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The North American region is the most attractive market for rapid microbiology testing across the world. It is predicted to dominate the rapid microbiology testing market over the forecast timespan. Currently, the North American region is among the largest consumers of rapid microbiology testing and holds the largest market share followed by Europe. The demand for rapid microbiology testing in both these regions can be attributed to the increased prevalence of infectious diseases and rising healthcare expenditure. Furthermore, the presence of developed countries, such as the U.S. and Canada, is also expected to promote the growth of North American rapid microbiology testing market in the future.

The European region is expected to be the second largest market for rapid microbiology testing and contribute notably toward the global rapid microbiology testing market over the forecast timeframe. This can be attributed to the presence of advanced healthcare infrastructure in the region along with various technological advancements witnessed in this region’s healthcare industry.

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The Asia Pacific region is among the emerging rapid microbiology testing market across the world. Regional countries, such as India and China, are major developing economies of the world. These countries have a large consumer base along with an increasing number of laboratories and rising healthcare facilities, which are expected to promote the growth of rapid microbiology testing in the Asia Pacific over the estimated timeline.

The Latin American and Middle Eastern and African markets are expected to grow moderately over the forecasted timeframe due to the lack of awareness about rapid microbiology testing among the regional population and poor living conditions.

Browse the full “Rapid Microbiology Testing Market by Product (Instruments, Reagent & Kits, and Consumables), by Method (Growth-Based, Viability-Based, Cellular Component-Based, Nucleic Acid-Based, and Others), and by Application (Clinical Disease Diagnosis, Food & Beverage Testing, Pharmaceutical & Biological Drug Testing, Cosmetics & Personal Care Products Testing, Environmental Testing, Research Applications, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/rapid-microbiology-testing-market

Some key participants of the global rapid microbiology testing market are Hoffmann-La Roche Ltd., Quidel Corporation, Thermo-Fisher Scientific Inc., Bio-Rad Laboratories, Gen-Probe Inc., Siemens Healthcare Diagnostics Inc., Becton, Dickinson and Company, Sysmex Corporation, and Abbott Laboratories, among others.

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This report segments the global rapid microbiology testing market into:

Global Rapid Microbiology Testing Market: Product Type Analysis

  • Instruments
  • Reagent and Kits
  • Consumables 

Global Rapid Microbiology Testing Market: Method Analysis

  • Growth-Based
  • Viability-Based
  • Cellular Component-Based
  • Nucleic Acid-Based
  • Others 

Global Rapid Microbiology Testing Market: Application Analysis

  • Clinical Disease Diagnosis
  • Food and Beverage Testing
  • Pharmaceutical and Biological Drug Testing
  • Cosmetics and Personal Care Products Testing
  • Environmental Testing
  • Research Applications
  • Others

Global Rapid Microbiology Testing Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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