Revolutionizing Healthcare: The Rapid Microbiology Testing Market
Rapid Microbiology Testing Market in terms of revenue was estimated to be worth $5.2 billion in 2024 and is poised to reach $8.3 billion by 2029, growing at a CAGR of 10.1% from 2024 to 2029 according to a new report by MarketsandMarkets™.
In recent times, the rapid microbiology testing market is experiencing an exponential growth due to the rising prevalence of infectious diseases, advancements...
The Future of Rapid Microbiology Testing: Trends and Innovations
The Global Rapid Microbiology Testing Market in terms of revenue was estimated to be worth $4.2 billion in 2021 and is poised to reach $6.7 billion by 2026, growing at a CAGR of 9.4% from 2021 to 2026.
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Market Drivers
Increasing incidence of infectious diseases and cancer
Technological advancements...
Rapid Microbiology Testing Market expected to grow at a 9.4% CAGR By MarketsandMarkets™
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%.
Driver: Increasing incidence of infectious disease and cancer;
The incidence of various infectious diseases such as HIV, tuberculosis, malaria, and pneumonia has increased. With a rise in the global burden of these diseases, the demand for rapid microbiology...
Rapid Microbiology Testing Market Market Analysis, Segments, Key Players, Drivers, Trends and Forecast 2023
The major factors driving the growth of the rapid microbiology testing market include the rising prevalence of infectious diseases; ongoing technological advancements; increasing food safety concerns; and increased funding, research grants, & public-private investments.
According to the recent report “Rapid Microbiology Testing Market by Method (Growth, Viability), Product (Automated Microbial...
Incidence of Infectious Diseases, the Key Factor Driving the Growth of the Rapid Microbiology Testing Market
The global rapid microbiology testing market is projected to reach USD 5.09 billion by 2023 from USD 3.45 billion in 2018, at a CAGR of 8.1%.
Growth in the rapid microbiology testing market can be attributed to factors such as the rising prevalence of infectious diseases; ongoing technological advancements; increasing food safety concerns; and increased funding, research grants, and public-private...