Global Clinical Microbiology Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global clinical microbiology market attained a value of USD 4137.9 million in 2022. Aided by the increasing prevalence of infectious diseases and the growing demand for advanced diagnostic techniques, the market is projected to further grow at a CAGR of 6.6% between 2023 and 2028 to reach a value of USD 6052.12 million by 2028.
Clinical microbiology is a field of medicine that focuses on the recognition, diagnosis, therapy, and prevention of infectious diseases caused by different microorganisms, including bacteria, viruses, fungi, and parasites. Clinical microbiology laboratories play a crucial role in the management of infectious diseases by providing timely and accurate diagnostic information to healthcare providers, which is essential for guiding patient care and infection control measures.
One of the key factors driving the global clinical microbiology market growth is the increasing prevalence of infectious diseases, such as respiratory infections, sexually transmitted infections, and hospital-acquired infections, among others. The rising incidence of these diseases has led to a growing demand for rapid and accurate diagnostic techniques, which has, in turn, boosted the market for clinical microbiology. The growing demand for advanced diagnostic techniques is another factor propelling the growth of the clinical microbiology market. The advanced techniques allow for the rapid diagnosis of infectious diseases, enabling timely initiation of appropriate treatment and prevention of disease transmission.
Furthermore, the increasing focus on public health surveillance and the implementation of stringent infection control measures in healthcare settings are expected to contribute to the clinical microbiology market expansion. Public health surveillance systems rely on accurate and timely data from clinical microbiology laboratories for monitoring disease trends and guiding public health interventions. Additionally, healthcare-associated infections are a major concern in hospitals and other healthcare facilities, and clinical microbiology plays a vital role in their prevention and control by identifying the causative microorganisms and their antimicrobial susceptibility patterns.
Another trend positively impacting the global clinical microbiology market demand is the rising demand for point-of-care (POC) diagnostic tests. POC tests are designed to be used at or near the site of patient care, allowing for rapid diagnosis and treatment of infectious diseases. The growing availability of POC tests for various pathogens, as well as their ease of use, rapid turnaround time, and potential cost savings, are driving the adoption of these tests in clinical settings, thereby bolstering the clinical microbiology market growth.
Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook