Microbiology Testing Market Insight On Share, Application, And Forecast Assumption 2030
Market Definition
Microbiology testing is an analytical technique used to determine the microorganisms in numerous samples such as biological, food and beverage, and environmental samples. Microbiology testing uses numerous chemical, biological, molecular, and biochemical methods. It is majorly applied to disease-causing and spoilage microorganisms. Among all other tests, three are the most common: polymerase chain reaction testing, immunoassays, and culture media.
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Microbiology Testing Market Analysis and Size
An increasing number of aerobic and anaerobic tests are creating the way for the growth of microbiology testing. As per WHO, around 7 million people get infected by influenza in the U.S. every year. This creates a huge scope of growth for research and development proficiencies associated with microbiology testing. Several new government policies in enhancing the diagnostic and testing processes will ultimately lead to the growth of microbiology testing as it is an important component in testing viruses.
Data Bridge Market Research analyses that the microbiology testing market, which was USD 4.61 billion in 2022, would rise to USD 9.26 billion by 2030 and is expected to undergo a CAGR of 9.1% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Global Microbiology Testing Market Dynamics
Drivers
- Growing Cases of STD
The huge increase in the STD rate demands rapid use of microbiology testing. According to the data published by the WHO, more than 1 million sexually transmitted infections are acquired worldwide each day; most of them will be asymptomatic in 2022. It also stated that there are around 374 million new infections yearly, with 1 out of 4 sexually transmitted infections such as chlamydia, trichomoniasis, gonorrhea, and syphilis. These diseases need immediate testing to identify the responsible virus for faster treatment processes. Thus, this factor boosts market growth.
- Increasing Strategic Product Launches Associated with Microbiology Testing
The growing incidence of infectious diseases and several strategies adopted by major market players, such as product launches and expansions of services, are anticipated to drive the growth of the microbiology testing market. For instance, STEMart launched microbiology and sterility testing for sterile and non-pyrogenic medical devices in 2022. Therefore, growing service launches by major market players are anticipated to improve market growth during the forecast period. Thus, this factor boosts market growth.
Recent Development
- In 2022, IDEXX acquired Tecta-PDS, an innovative Canadian company that has launched automation to water microbiology testing for parameters including E. coli and total coliforms. The acquisition assisted IDEXX in increasing its range of water microbiology testing options for both laboratory-based and in-field testing.
- In 2022, Archer Daniels Midland (ADM) launched a new microbiology laboratory at its ADM Specialty Manufacturing facility in Decatur, Illinois. The project expanded the site's microbiology laboratory footprint on a huge scale and increased the location's testing capabilities.
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