Global Microbiology Testing/Clinical Microbiology Devices Market was valued at USD3.45 billion in 2017 and is estimated to grow at a CAGR of 6.5% from 2017 to 2024.
The Clinical Microbiology testing plays an important role in the diagnosis and management of patients with less respiratory tract infections. By providing diagnostic recognition, understanding and examining the sensitivity of the lab, it provides support for good genetic antiseptic treatment and individually adjusting regulation. Increasing levels of air pollution with growing industrialization, a prevalence of respiratory diseases, and ongoing technological advancements in the field of infectious disease diagnosis are certain key factors boosting the overall growth of the Global Microbiology Testing/Clinical Microbiology Devices Market. Moreover, rising incidence of infectious diseases, growing outbreak of epidemics, together with increased funding and public-private investments for research and innovation have further boosted the overall market growth for Global Microbiology Testing/Clinical Microbiology Devices Market. Global Microbiology Testing/Clinical Microbiology Devices Market is segmented by product, disease area, end user, and region. The molecular diagnostic instruments segment is expected to exhibit the most expeditious magnification rate over the forecast period. This magnification can be attributed to incrementing paramount of molecular diagnosis in early detection of cancer and infectious diseases. The global microbiology testing device has the largest usage in hospitals, diagnostic centers, custom lab service providers, academic and research. As the regions are taken into consideration, Asia Pacific is expected to grow at the fastest rate during the forecast period. The rising number of hospitals and clinical diagnostic laboratories in emergent APAC countries such as China and India, intensifying research capabilities for the development of innovative and affordable clinical microbiology testing procedures and the rise in the occurrence of contagious diseases are certain key drivers that have boosted the growth of Global Microbiology Testing/Clinical Microbiology Devices Market. The major players in the Global Microbiology Testing/Clinical Microbiology Devices Market are bioMérieux SA (France), Danaher Corporation (US), Becton, Dickinson and Company (US), Abbott Laboratories (US), Bio-Rad Laboratories, Inc. (US), F. Hoffmann-La Roche AG (Switzerland), Bruker Corporation (US), Hologic, Inc. (US), Qiagen N.V. (The Netherlands), Thermo Fisher Scientific Inc. (US), Agilent Technologies, Inc. (US), Merck KGaA (Germany), Shimadzu Corporation (Japan), 3M Company (US), and Neogen Corporation (US). The years that have been considered for the study are: • Base year – 2016 • Estimated year – 2017 • Forecast period – 2017 to 2024
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