How Mergers & Acquisitions Are Reshaping the Microbiology Testing Market
Microbiology Testing Market Size and Opportunity Analysis The global microbiology testing market was valued at approximately USD 8.1 billion in 2022, with a projected compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth is driven by increasing awareness about microbial infections, rising demand for food safety, and advancements in testing technologies. The market encompasses a range of applications including clinical diagnostics, environmental testing, and food & beverage quality control. The clinical diagnostics segment is particularly prominent due to the growing prevalence of infectious diseases and the need for precise diagnostic tools. Opportunities within the microbiology testing market are expanding, with significant growth potential in emerging regions such as Asia-Pacific and Latin America. These regions are witnessing a surge in healthcare investments and improvements in laboratory infrastructure, contributing to market growth. Additionally, the...