According to a new report, published by KBV research, The Global Rapid Microbiology Testing Market size is expected to reach $10.4 billion by 2031, rising at a market growth of 10.5% CAGR during the forecast period.
With quick microbiology testing tools, microbiological diagnostics has recently experienced a significant revolution. This testing encompasses diverse, innovative approaches and platforms designed to expedite the detection, identification, and characterizing of microbial pathogens and associated antimicrobial resistance markers. These cutting-edge technologies offer unprecedented speed, accuracy, and sensitivity in infectious disease diagnosis, revolutionizing clinical microbiology practice and public health surveillance efforts by leveraging advances in molecular biology, genomics, proteomics, and automation.
The Growth-based Rapid Microbiology Testing segment is registering a CAGR of 9.8 % during the forecast period. Growth-based methods are widely applicable across diverse industries and settings, making them indispensable tools for quality control, product safety, and regulatory compliance. Rapid microbial enumeration and detection assays are essential for monitoring microbial contamination, ensuring product integrity, and safeguarding public health in food and beverage, pharmaceuticals, and healthcare industries. Therefore, the segment will expand rapidly in the coming years.
The Industrial Testing segment led the Global Rapid Microbiology Testing Market by Application in 2023; thereby, achieving a market value of $4.9 billion by 2031. Rapid microbiological testing guarantees safety, product quality, and regulatory compliance in various industries, including biotechnology, food and beverage, pharmaceuticals, cosmetics, and environmental monitoring. Hence, these factors can contribute to increased demand in the upcoming years.
The Instruments segment is growing at a CAGR of 10.1 % during the forecast period. As the backbone of microbiology laboratories and diagnostic facilities, instruments encompass various technologies, ranging from automated microbial identification systems to molecular diagnostic platforms. These technologies enable high-throughput testing, multiplexed assays, and streamlined workflows. Hence, these factors will boost the demand in the segment.
Full Report: https://www.kbvresearch.com/rapid-microbiology-testing-market/
The North America region dominated the Global Rapid Microbiology Testing Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.7 billion by 2031. The Europe region is anticipated to grow at a CAGR of 10.1% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 11.3% during (2024 - 2031).
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