The Global Microbiology Diagnostic Devices And Equipment Market Report by The Business Research Company covers microbiology diagnostic devices and equipment market drivers and restraints, microbiology diagnostic devices and equipment market size, major players, and the impact of COVID-19 on the microbiology diagnostic devices and equipment market.
The microbiology diagnostics devices and equipment market consist of sales of microbiology diagnostics devices and related services by entities (organizations, sole traders and partnerships) that produce microbiology diagnostics devices. Microbiology diagnostics devices are used to diagnose infectious diseases by examining pathogens.
The global microbiology diagnostic devices and equipment market reached a value of nearly $3,649.7 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.3% since 2015. The market is expected to grow from $3,649.7 million in 2020 to $5,789.0 million in 2025 at a CAGR of 9.7%. The market is then expected to grow at a CAGR of 4.4% from 2025 and reach $7,168.0 million in 2030.
Rise in funding from governments and private organizations is expected to drove the market for microbiology diagnostics devices and equipment. Globally, there has been a surge in bacterial infections. Several public and private investments are being made to combat bacterial infections. In July 2020, the AMR Action Fund was launched with around $1 billion by 20 pharmaceutical companies with the European Investment Bank, Wellcome Trust and the World Health Organization. Besides other actions, the fund helps in developing innovative antibacterial treatments. Rise in funding will positively impact the market for microbiology diagnostic devices and equipment, going forward.
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Some microbiology diagnostic devices and equipment market trends include adoption of predictive diagnostics to provide a different way of looking at a production facility, using customized analysis tools that extract accurate data and offer real-time insights. This will allow companies to identify the source of the problem and execute solutions to prevent future incidents. Moreover, the major players in the microbiology diagnostic industry are focusing on developing automated solutions for devices and equipment used for microbiology diagnostic processes. Automation of the process will help to enhance productivity and consistency of the whole diagnostic process.
Global microbiology diagnostic devices and equipment market segments include:
1) By Type: Laboratory Instruments (Incubators, Gram Stainers, Bacterial Colony Counters, Petri Dish Fillers, Automated Culture Systems, Others), Microbiology Analyzers (Microscopes, Mass Spectrometers, Others), Reagents And Consumables (Pathogen Specific Kits, General Reagents)
2) By End User: Hospitals, Diagnostic Laboratories, Others
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Microbiology Diagnostic Devices And Equipment Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides microbiology diagnostic devices and equipment market overviews, analyzes and forecasts market size, share, microbiology diagnostic devices and equipment market players, microbiology diagnostic devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The microbiology diagnostic devices and equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Microbiology Diagnostic Devices And Equipment Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Danaher Corporation, BioMérieux S.A., Thermo Fisher Scientific Inc., Abbott Laboratories. Becton, Dickinson and Company
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Microbiology Diagnostic Devices And Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Microbiology Diagnostic Devices And Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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