Microbiology Analyzers Market to Witness Significant Growth through 2025

Increasing prevalence of infectious diseases across the globe to drive the growth of global microbiology analyzers market

According to TechSci Research report, “Global Microbiology Analyzers Market By Type (Automated Analyzers, Clinical Analyzers, Molecular Analyzers, Fully Automated Analyzers), By Product (Molecular Diagnostic Instruments, Microscopes, Mass Spectrometers, Others), By Specimen Type (Urine, Sterile Fluids, Throat Swabs, Sputum, Stool, Saliva, Others), By Disease Area (Respiratory, Bloodstream Infections, UTI, STD, GIT Diseases, Others), By Application (Microbial Infection, Antibiotic Susceptibility, Urine Screening, Blood Cultures, Resistance Mechanism Detection, Others), By End Users (Hospitals, Blood Banks, Academic & Research Institutes, Others), By Region, Forecast & Opportunities, 2025”, the global microbiology analyzers market is expected to grow at a formidable rate during the forecast period on account of the growing geriatric population suffering from various chronic and infectious diseases such as cancer, renal diseases, diabetes, urinary tract infections, gastrointestinal disorders, among others. This has drastically increased the patient pool and the need for continuous testing to diagnose the diseases and provide effective treatment. This in turn is expected to positively impact the growth of market over the next few years. Additionally, associated advantages with microbiology analyzers such as requirement of small amount of specimen, flexibility, ease of use, ability to deliver results in shorter duration, among others is further expected to propel the market during forecast period. Additionally, ongoing technological advancements & innovations are further expected to spur market growth, globally. Besides, increasing demand from various analytical and therapeutic research projects is expected to bolster the market through 2025. Also, increased funding and public-private collaborations are anticipated to drive the market during forecast years. However, need of high initial investments might hamper the growth of market during the next five years.

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The global microbiology analyzers market is segmented based on type, product, specimen type, disease area, application, end users, company and region. Based on type, the market can be categorized into automated analyzers, clinical analyzers, molecular analyzers and fully automated analyzers. The automated analyzers segment is expected to dominate the market on account of their widespread use in measuring different chemicals or other characteristics in a biological sample with minimal human interference. Additionally, these analyzers can perform all antimicrobial susceptibility testing on a single platform. Furthermore, they have high accuracy, repeatability and require less labor. Based on product, the market can be fragmented into molecular diagnostic instruments, microscopes, mass spectrometers and others. The molecular diagnostic instruments segment is expected to dominate the market during forecast years. This can be ascribed to the increasing significance of molecular diagnostics in early detection of chronic diseases such as cancer and various other infectious diseases. The microscope segment is expected to witness significant growth on account of their increasing demand and wider applicability. Based on disease area, the market can be grouped into respiratory, bloodstream infections, UTI, STD, GIT diseases and others. The respiratory disease area is expected to dominate the market during forecast period. This can be attributed to the increasing patient pool suffering from various respiratory diseases and outbreak of epidemics, for instance, the sudden outbreak of pandemic COVID-19.

Thermo Fisher Scientific, Sigma-Aldrich Corporation, Danaher Corporation, Merck KGaA, Bio-Rad Laboratories, Inc., bioMérieux Inc., QIAGEN N.V., F. Hoffmann-La Roche AG, Abbott Laboratories, Ortho Clinical Diagnostics, Siemens Healthineers, Cardinal Health, Inc., Novartis Diagnostics, Wallac (LKB Instruments), Cepheid Inc., Hologic (Gen-Probe), Lonza Group AG, Diamedix Diagnostica, Enzo Biochem, Inc., Tosoh Bioscience and others are some of the leading players operating in global microbiology analyzers market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“Asia-Pacific is expected to witness significant growth in the global microbiology analyzers market during the next five years, owing to the improving healthcare infrastructure in the region. Furthermore, increasing number of hospitals & laboratories coupled with the availability of skilled labor at an affordable cost is anticipated to positively impact the market through 2025. Besides, major industry players are expanding their businesses in the region creating lucrative opportunities for the growth of market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Microbiology Analyzers Market By Type (Automated Analyzers, Clinical Analyzers, Molecular Analyzers, Fully Automated Analyzers), By Product (Molecular Diagnostic Instruments, Microscopes, Mass Spectrometers, Others), By Specimen Type (Urine, Sterile Fluids, Throat Swabs, Sputum, Stool, Saliva, Others), By Disease Area (Respiratory, Bloodstream Infections, UTI, STD, GIT Diseases, Others), By Application (Microbial Infection, Antibiotic Susceptibility, Urine Screening, Blood Cultures, Resistance Mechanism Detection, Others), By End Users (Hospitals, Blood Banks, Academic & Research Institutes, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global microbiology analyzers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global microbiology analyzers market.

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