GlobalClinical MicrobiologyMarketReport and Forecast 2022-2027
Market Outlook
According to Expert Market Report’s latest report, ‘Global Clinical Microbiology Market Report and Forecast 2022-2027’, the global clinical microbiology market attained a value of about USD 3900 Million in 2021. Aided by the development of new and innovative microbiological technologies, the market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 6.5%.
Clinical microbiology is a branch of medicine that aids in the detection, prevention, and treatment of infectious diseases. It focuses on detecting the presence of bacterial, viral, fungal, or parasitic agents and determining microorganism susceptibility through a series of tests. Serological testing, direct smears and stains, cultures, molecular analysis, and antibiotic susceptibility testing are the popular testing procedures. Clinical microbiology is currently gaining popularity around the world due to its effective antibiotic administration and improved therapeutic outcomes. One of the key factors driving the market's growth is the rising occurrence of infectious diseases around the world. Apart from this, the rising air and water pollution levels are increasing the incidences of respiratory diseases among individuals, which is driving the market.
Clinical microbiology's market growth is being bolstered by the development of new and innovative microbiological technologies such as targeted polymerase chain reactions (PCRs) to increase cost-effectiveness and improve clinical results. The outbreak of the COVID-19 pandemic has increased clinical microbiology's market growth. During the COVID-19 outbreak, the development of multiple reliable and speedy diagnostic tests for SARS-CoV-2 accelerated the deployment of clinical microbiology, boosting the market growth. The global market is growing due to increased research activities to better understand the physiology of the novel virus in order to develop an effective and long-lasting vaccination for the disease. Clinical microbiology laboratories have become critical, strengthening industrial expansion since polymerase chain reaction (PCR) has resulted in an effective illness diagnosis. Other major factors expected to drive the market's growth include the increasing number of novel microorganisms producing various infectious diseases and the burgeoning healthcare industry around the world.
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Market Breakup byProduct
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