Rapid Microbiology Testing Market is expected to Rise at a CAGR of 8.2% in the Forecast Period of 2019-2026

According to Data Bridge Market Research new Market report, Global Rapid Microbiology Testing Market will account to an estimated USD 3.45 billion in 2018 growing at a CAGR of 8.2% during the forecast period of 2019 to 2026.

This Global Rapid Microbiology Testing Market research report is a great option to achieve current as well as upcoming technical and financial details of the industry to 2025. Clients can get familiar, by using this report, with the new opportunities in the ABC industry and most important customers for the business growth. The key research methodology used throughout this report by DBMR research team is data triangulation which takes into account data mining, analysis of the impact of data variables on the market, and primary validation. The report puts a light on forthcoming and key opportunities in new geographical market.

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Key Market Competitors:

Few of the major competitors currently working in the rapid microbiology testing market are Abbott., Becton Dickinson and Company, BioMerieux SA, Bruker, Charles River, Danaher, Don Whitley Scientific Limited, Merck KGaA, Neogen Corporation, Quidel Corporation, Rapid Micro Biosystems, Inc., Sartorius Group, Thermo Fisher Scientific, TSI, Vivione Biosciences Inc., ERBA Diagnostics,Vedalab, Rtalabs, Shimadzu Corporation., Pall Corporation. and Mocon, Inc.

Global Rapid Microbiology Testing Market:

Rapid microbiology testing method is an upgradation over the conventional microbiology testing methods and is majorly applied in the areas where time is of the essence, and the test results are required immediately. This method of testing finds major applications in diagnostic and research laboratories that want to significantly reduce the time taken to identify the test results significantly enhancing the chances of reducing any time and labor consumptions.

High levels of prevalence of infectious diseases globally:

According to WHO’s (World Health Organization) global health estimates there has been a constant high prevalence of infectious and parasitic diseases globally. In 2015, this number was 344,443,025 deaths in terms of DALYs, and this number though suffered a decline in 2016 to 331,709,174 DALYs due to the advancements in treatment & pharmaceutical division along with the testing and containment of these diseases. Even with the development of healthcare and penetration of the various technologically advanced medicines in the market, the number of deaths caused due to infectious and parasitic diseases is very high.

Global rapid microbiology testing market is segmented on the basis of product, method, application, end-user and geography.

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