According to research report the clinical microbiology market is expected to reach USD 4.95 billion by 2023 from USD 3.63 billion in 2018 growing at a CAGR of 6.4% during forecast period.
Growth in clinical microbiology market can be attributed to factors such as rising incidence of infectious diseases and growing outbreak of epidemics and increased funding and public-private investments.
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Market Size Estimation
A detailed market estimation approach was followed to estimate and validate the size of the clinical microbiology market and other dependent submarkets, as mentioned above. The key players in the clinical microbiology market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. Research methodology includes the study of the annual and quarterly financial reports of the top market players as well as interviews with industry experts for key insights (both quantitative and qualitative trends) on the clinical microbiology market. All percentage shares, splits, and breakdowns were determined by using secondary sources and verified through primary sources. All the possible parameters that affect the market segments covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data was consolidated and added to detailed inputs and analysis from MarketsandMarkets and presented in this report. The research methodology used to estimate the market size includes the following:
• The key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
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Global Microbiology Testing Market, by Application
• Pharmaceutical Applications
• Clinical Applications
• Food Testing Applications
• Energy Applications
• Chemical and Material Manufacturing Applications
• Environmental Applications
Global Clinical Microbiology Market, by Products
• Instruments
o Laboratory Instruments
Incubators
Gram Stainers
Bacterial Colony Counters
Autoclave Sterilizers
Microbial Air Samplers
Anaerobic Culture Systems
Petri Dish Fillers
Blood Culture Systems
Microbial Culture Systems
Other Laboratory Instruments
o Microbiology Analyzers
Molecular Diagnostic Instruments
Microscopes
Mass Spectrometers
• Reagents
o Pathogen-Specific Kits
o General Reagents
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