Growing Incidence of Infectious Diseases to Fuel Demand

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DUBLIN, June 21, 2023 /PRNewswire/ — The “Automated and Rapid Microbiological Tests: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Automated and Rapid Microbiological Tests estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$10 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

GC/CRT (Clinical), one of the segments analyzed in the report, is projected to record a 8% CAGR and reach US$1.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Aiss (clinical) segment is readjusted to a revised 3.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 9.2% CAGR

The Automated and Rapid Microbiological Tests market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 6.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$727.2 Million by the year 2030.

Select Competitors (Total 77 Featured) –

  • Abbott Laboratories
  • Abbott Molecular, Inc.
  • Aidian Oy
  • Beckman Coulter, Inc.
  • Becton Dickinson and Company
  • bioMerieux SA
  • bioMerieux, Inc.
  • Bio-Rad Laboratories, Inc
  • Cellabs Pty Ltd
  • Cepheid Inc.
  • CorisBioconcept SPRL
  • F. Hoffmann-La Roche AG
  • Hologic, Inc.
  • MedMira Inc.
  • Meridian Bioscience, Inc.
  • OraSure Technologies, Inc.
  • Oxoid Limited
  • QIAGEN N.V.
  • Quidel Corporation
  • Rapid Micro Biosystems, Inc.
  • Sekisui Diagnostics, LLC
  • Siemens Healthcare GmbH
  • Thermo Fisher Scientific Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Clinical Microbiology Gains Prominence as Scientists Mobilize United Efforts to Find Ways to Detect, Treat & Vaccinate People Against the Novel Coronavirus: COVID-19 Tests Per Million Population by Country (As of 15 June 2021)
  • A New, 20-Minute Assay for COVID-19 Diagnosis
  • Automated and Rapid Microbiological Tests – Global Key Competitors Percentage Market Share in 2022 (E)
  • Automated and Rapid Microbiological Tests: An Introduction
  • Enabling Technologies of Automated & Rapid Microbiological Tests
  • Clinical Applications of Automated & Rapid Microbiological Tests
  • Applications in Non-Clinical Investigations
  • Global Market Prospects & Outlook
  • Evolutionary Battle against Microbes Drives Market Future
  • Clinical Applications Lead the Global Market for Automated and Rapid Microbiological Testing
  • Developed Regions Lead, Developing Economies to Boost Future Growth
  • Competition
  • Recent Market Activity
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rapid Diagnostics Bring in a Transformation to Clinical Testing Practices
  • Traditional Rapid Microbiological Tests Make Way for New, Probe Tests
  • Lab Automation Trend Augurs Well for Microbiological Testing Labs
  • Traditional Approaches Give Way to Modern Automated Microbiology Systems
  • Microbiology Laboratories Switch to Automation to Push Yields
  • Growing Incidence of Infectious Diseases to Fuel Demand for Rapid Microbiology Testing
  • Infectious Diseases Remain Major Cause of Death in Under Developed Regions: Breakdown of Leading Causes of Death in Sub-Saharan Africa (in %)
  • Infectious Diseases Related Mortality High Among Children Below 5 Years: Breakdown of Leading Causes of Death in Children Below 5 Years (in %)
  • Rising Prevalence of Respiratory Infections Drive Market Growth
  • Global Number of Deaths Caused Due to Communicable Diseases (In 000s)
  • Rise in Prevalence of COPD Augments Demand
  • Global Prevalence of COPD: Percentage of Men and Women Affected by Age Group
  • Influenza Boosts Rapid Test Prospects
  • Flu Related CDC Estimates from October 2019-April 2020
  • Rise in Pollution Levels Trigger Increase in Respiratory Diseases, Driving Opportunities for Automated Microbiology Tests
  • Percentage Share Breakdown of Global Deaths Linked to Air Pollution
  • Most Polluted Countries Worldwide: Average PM2.5 concentration (?g/m) for 2020
  • Sustained Threat of HIV and Sexually Transmitted Diseases Amplify Need for Rapid Microbiological Testing
  • Global HIV Prevalence: Number of People Living with AIDs (in Thousands) by Region for 2020
  • Number of AIDS-Related Deaths (in Thousands) by Region for 2018
  • Rapid HIV Tests: A New Age Diagnostic Weapon against the Killer Disease
  • Home HIV Testing Emerges as a Lucrative Option
  • Advancements in Molecular Diagnostics Drive Market Growth
  • Emerging Technologies in Clinical Microbiology Diagnostics Aim at Faster Diagnosis
  • Automated Blood Culture Systems: The Gold Standard in the Fight against Bacteremia
  • Advancements in Molecular Diagnostics: A Boon for Rapid Microbiological Testing Market
  • Biotechnology: A Crucial Step Ahead in the Growing Popularity of Rapid Microbial Tests
  • Healthcare Needs of the World’s Aging Population: Potential Opportunity in Store
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Increase in Healthcare Spending in Emerging Markets to Propel Demand for Automated Microbiological Testing
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Elderly Healthcare Expenditure as a % of GDP for 1970, 2010 and 2050
  • Clinical Microbiology Market Benefits from Digitalization and Robotization Trend
  • Integration of Clinical Microbiology with Cloud Computing
  • Artificial Intelligence Holds Positive Implications for Automation of Clinical Microbiology
  • Point-of-Care Rapid Microbiological Testing: Yet to Realize Its Full Potential.
  • Technological Advancements to Drive the Automated Microbiology Testing Market
  • Focus on Safe and High-Quality Foods Propels Rapid Microbiological Testing
  • Number of Food Allergen Recalls in the US: Breakdown by FDA-Regulated Foods and FSIS-Regulated Foods for 2019
  • Foodborne Illness Outbreak Investigations in the US (2019 & 2020)
  • Impact of COVID-19 on Food Safety Testing Industry
  • Stringent Norms Necessitate Food Safety Testing
  • Food Microbiology Testing Market on a Growth Spree
  • Global Food Safety Testing Market Breakdown (in %) by Segment for 2020
  • Rapid and Automated Tests Emerge as an Attractive Solution
  • Leading Food Processors Exhibit Inclination Towards Rapid Microbiological Testing
  • Automation of Food Microbiology Labs
  • Poultry Industry Embraces Rapid Microbiological Testing Technologies
  • Rapid Microbial Testing in Dairy Industry
  • Real-time PCR/qPCR Technologies Fundamental in Food Safety Testing
  • Technical and Cost Related Hurdles Hamper the Microbiology Testing Market
  • Rapid Microbiological Testing Gains Significance in the Pharmaceutical Industry
  • Key Advantages of Rapid Microbiological Tests for Pharmaceutical Industry
  • Growing Importance of Rapid Microbiological Testing for Pharma Laboratories
  • Key RMM Technologies for Pharmaceutical Industry
  • Adoption of Rapid Methods for QC Microbiology in Biopharmaceuticals
  • Advancements in Rapid Microbiological Testing for Pharmaceutical Industry
  • Rapid Microbial Testing for Regenerative Medicine: An Emerging Space
  • Rapid Microbiological Methods and the Regulatory Environment in Drug Development Industry
  • FDA’s Requirements for Validation of RMM
  • EMA’s Guidance on Use of RMMs for Water Testing
  • Rapid Microbial Testing Emerges as an Important Means for Quality Control of Advanced Therapies
  • Antibiotic Resistant Bacteria Throws the Spotlight on Rapid Microbial Testing Tools
  • Antimicrobial Vulnerability Testing and Identification of Microbial strains
  • Role of Microscopy in Antimicrobial Susceptibility Testing
  • Rising Prominence of NAAT-Driven AST
  • Economic Factors Promise Growth for Rapid AST
  • Rapid Technologies Gain Momentum in Environment Testing Field
  • Deteriorating Quality of Water Throws Emphasis on Water Testing Services
  • Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
  • Key Issues Confronting the Rapid Microbiological Tests Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/b6ilwp

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