Rapid Microbiology Tests Market – (Technology Type – Nucleic Acid Based Test, Antibody Based Test, Biochemical Test, Enzymatic Test, Flow Cytometry Methods, Polymerase Chain Reaction (PCR) Methods, Impedance Methods, and Others; End User – Food and Beverages, Pharmaceutical, Environmental, Personal Care and Others) :Market Growth, Future Prospects and Competitive Analysis, 2016-2022, the rapid microbiology tests market was valued at USD 12.03 Bn in 2015, and is expected to reach USD 19.50 Bn by 2022, expanding at a CAGR of 6% from 2016 to 2022.
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Market Insights
Rapid microbiological tests are gaining momentum in the global market as a reliable and cost-effective method to track and monitor all types of microorganisms in clinical as well as industrial settings. In addition, rapid microbiology tests offer faster and more accurate methods to assist in the rapid diagnosis and treatment of patients or to provide safe and reliable food, water, and pharmaceuticals. North America held the largest regional market, accounting for the market share of over 33% in 2015, and is anticipated to dominate the global rapid microbiology tests market during the forecast period 2016 to 2022. Large numbers of market-focused players providing wider range of product portfolio are the key to growth of the North America region. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to increase in the number of laboratories in these regions and up gradation of existing ones for automation of various instrumentation systems. Moreover, the market is wide open for advancing rapid diagnostic technologies to improve patient management, exponential population growth and aging conventional technology will only intensify the pace of development in the region.
Among the technology types, nucleic acid based tests held the largest share in the rapid microbiology market due to its wide application in the life science and food industry. Moreover, low cost and high speed would further fuel the market growth of nucleic acid based tests. Impedance methods is anticipated to grow at a highest growth rate during the forecast period due to its faster turnaround time and accuracy in the detection of the microbes.
Food and beverages industry held the largest share in the end user segment of the global rapid microbiology tests market. Increase in food consumption, consumer demand, industry’s food safety priorities, and regulation are the factors driving the rapid microbiology tests market during the forecast period. Pharmaceutical industry is anticipated to witness the highest growth rate in the global rapid microbiology tests market due to the increase in outbreaks of new diseases caused by mutant microorganisms, rising healthcare expenditure, and growing need to speed up microbiological testing.
Rapid microbiological tests are gaining momentum in the global market as a reliable and cost-effective method to track and monitor all types of microorganisms in clinical as well as industrial settings. In addition, rapid microbiology tests offer faster and more accurate methods to assist in the rapid diagnosis and treatment of patients or to provide safe and reliable food, water, and pharmaceuticals. North America held the largest regional market, accounting for the market share of over 33% in 2015, and is anticipated to dominate the global rapid microbiology tests market during the forecast period 2016 to 2022. Large numbers of market-focused players providing wider range of product portfolio are the key to growth of the North America region. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to increase in the number of laboratories in these regions and up gradation of existing ones for automation of various instrumentation systems. Moreover, the market is wide open for advancing rapid diagnostic technologies to improve patient management, exponential population growth and aging conventional technology will only intensify the pace of development in the region.
Among the technology types, nucleic acid based tests held the largest share in the rapid microbiology market due to its wide application in the life science and food industry. Moreover, low cost and high speed would further fuel the market growth of nucleic acid based tests. Impedance methods is anticipated to grow at a highest growth rate during the forecast period due to its faster turnaround time and accuracy in the detection of the microbes.
Food and beverages industry held the largest share in the end user segment of the global rapid microbiology tests market. Increase in food consumption, consumer demand, industry’s food safety priorities, and regulation are the factors driving the rapid microbiology tests market during the forecast period. Pharmaceutical industry is anticipated to witness the highest growth rate in the global rapid microbiology tests market due to the increase in outbreaks of new diseases caused by mutant microorganisms, rising healthcare expenditure, and growing need to speed up microbiological testing.
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Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
Chapter 2 Executive Summary
2.1 Global Rapid Microbiology Tests Market Portaiture
2.2 Global Rapid Microbiology Tests Market, by Technology, 2015 (USD Mn)
2.4 Rapid Microbiology Tests Market Share, by Geography, 2015 (Value %)
2.1 Global Rapid Microbiology Tests Market Portaiture
2.2 Global Rapid Microbiology Tests Market, by Technology, 2015 (USD Mn)
2.4 Rapid Microbiology Tests Market Share, by Geography, 2015 (Value %)
Chapter 3 Rapid Microbiology Tests Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.2 Rapid Microbiology Tests: Future Trends and Applications
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.2 Rising Patient Awareness
3.3.1.3 Rising public awareness related to early diagnosis of infectious diseases
3.3.2 Challenges
3.3.2.1 Level of Accuracy of rapid microbiology technques compared to traditional methods
3.3.3 Opportunities
3.3.3.1 Technological Advancements
3.4 Attractive Investment Proposition
3.5 Competitive Analysis
3.5.1 Market Share Analysis By Key Players, 2015 (Value %)
3.1 Introduction, Facts and Figures
3.2 Rapid Microbiology Tests: Future Trends and Applications
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.2 Rising Patient Awareness
3.3.1.3 Rising public awareness related to early diagnosis of infectious diseases
3.3.2 Challenges
3.3.2.1 Level of Accuracy of rapid microbiology technques compared to traditional methods
3.3.3 Opportunities
3.3.3.1 Technological Advancements
3.4 Attractive Investment Proposition
3.5 Competitive Analysis
3.5.1 Market Share Analysis By Key Players, 2015 (Value %)
Chapter 4 Global Rapid Microbiology Tests Market, by Technology
4.1 Preface
4.2 Nucleic Acid Based Test
4.3 Antibody Based Test
4.4 Biochemical Test
4.5 Enzymatic Test
4.6 Flow Cytometry Methods
4.7 Polymerase Chain Reaction (PCR) Methods
4.8 Impedance Methods
4.9 Others
4.1 Preface
4.2 Nucleic Acid Based Test
4.3 Antibody Based Test
4.4 Biochemical Test
4.5 Enzymatic Test
4.6 Flow Cytometry Methods
4.7 Polymerase Chain Reaction (PCR) Methods
4.8 Impedance Methods
4.9 Others
Chapter 5 Global Rapid Microbiology Tests Market, by End User
5.1 Preface
5.2 Food and Beverages
5.3 Pharmaceutical
5.4 Environmental
5.5 Personal Care
5.6 Others
5.1 Preface
5.2 Food and Beverages
5.3 Pharmaceutical
5.4 Environmental
5.5 Personal Care
5.6 Others
Chapter 6 Global Rapid Microbiology Tests Market, By Geography
6.1 Overview
6.2 North America
4.2.2. U.S.
4.2.1. Canada
6.3 Europe
4.2.2. U.K.
4.2.1. Germany
4.2.2. Rest of Europe
6.4 Asia Pacific
4.2.2. Japan
4.2.1. China
4.2.2. Rest of Asia Pacific
6.4 Latin America
6.5 Middle East and Africa
6.1 Overview
6.2 North America
4.2.2. U.S.
4.2.1. Canada
6.3 Europe
4.2.2. U.K.
4.2.1. Germany
4.2.2. Rest of Europe
6.4 Asia Pacific
4.2.2. Japan
4.2.1. China
4.2.2. Rest of Asia Pacific
6.4 Latin America
6.5 Middle East and Africa
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Chapter 7 Company Profiles
7.1 Abbott Laboratories, Inc.
7.1.1 Business Description
7.1.2 Financial Health and Budget Allocation
7.1.3 Product Portfolio
7.1.4 News Coverage
7.2 Alere, Inc.
7.2.1 Business Description
7.2.2 Financial Health and Budget Allocation
7.2.3 Product Portfolio
7.2.4 News Coverage
7.3 Bio-Rad Laboratories
7.3.1 Business Description
7.3.2 Financial Health and Budget Allocation
7.3.3 Product Portfolio
7.3.4 News Coverage
7.4 Danaher Corporation
7.4.1 Business Description
7.4.2 Financial Health and Budget Allocation
7.4.3 Product Portfolio
7.1 Abbott Laboratories, Inc.
7.1.1 Business Description
7.1.2 Financial Health and Budget Allocation
7.1.3 Product Portfolio
7.1.4 News Coverage
7.2 Alere, Inc.
7.2.1 Business Description
7.2.2 Financial Health and Budget Allocation
7.2.3 Product Portfolio
7.2.4 News Coverage
7.3 Bio-Rad Laboratories
7.3.1 Business Description
7.3.2 Financial Health and Budget Allocation
7.3.3 Product Portfolio
7.3.4 News Coverage
7.4 Danaher Corporation
7.4.1 Business Description
7.4.2 Financial Health and Budget Allocation
7.4.3 Product Portfolio
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