Hospital Microbiology Testing Market - Global Industry Analysis, Trends And Forecast 2015 - 2023

Hospital microbiology testing refers to the area of clinical pathology related to the analysis of microorganisms such as bacteria, viruses, fungi and parasites. Various techniques such as culture techniques and immunoassays are implemented for rapid detection and identification of harmful microbial pathogens. Hospital microbiology tests accelerate microorganism determination, thereby helping in the rapid diagnosis of infection with accuracy. There have been remarkable advances in the field of microbiology testing, resulting into potential diagnostic platform and technologies such as molecular diagnostics, microbial culture, biochemical tests, etc.

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Based on type of procedure used, the hospital microbiology testing market can be segmented as follows:

• Microbial culture: In microbial culture, sample is collected from an infected individual and is tested for the presence of any infectious microbe that possesses the ability to grow in a specific media.  The most commonly used media for clinical identification of pathogenic microbes is nutrient agar.
• Microscopy: Microscopy, along with biochemical staining techniques is a significant tool for microbiology testing. Stains such as Giemsa and crystal violet helps to differentiate between gram positive and gram negative.
• Biochemical tests: Biochemical tests are used to test for metabolic and enzymatic products that a microbial agent may use. They are also used to test for fermented products (acids or gases) which may be a result of metabolic pathways.
• Molecular diagnostics: Many molecular-based techniques such as polymerized chain reactions are used for the testing of nucleic acids, specific to the infectious agents.

Based on application, the hospital microbiology testing market can be segmented as follows:

• Respiratory diseases
• Periodontal diseases
• Sexually transmitted infection
• Urinary tract infection

Based on geography, the hospital microbiology testing market can be segmented into four major regions: North America, Europe, Asia Pacific and Rest of the World (RoW). North America holds a leading position in the market followed by Europe. The prime factors which are responsible for the growth of hospital microbiology testing market in these regions are increasing prevalence of various diseases among the population, and the growing need for technologically advanced diagnostic tests. Moreover, increased healthcare expenditure and presence of better medical infrastructures such as hospitals and clinical labs is also driving the growth of the market in these regions. Asia Pacific is one of the lucrative markets for the growth of hospital microbiology testing market due to various emerging economies. Factors which would contribute towards the growth of the market in Asia Pacific are growing need of the population for rapid and cost-effective testing procedures and novel diagnostic platforms. In addition, favorable reimbursement scenario, tax benefits and increasing medical tourism is also expected to drive the growth of hospital microbiology testing market in Asia Pacific. The increasing prevalence and severity of diseases in emerging nations such as India, China, Indonesia, Malaysia, etc. is another factor which would propel the growth of hospital microbiology testing market in Asia Pacific.

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Various advances in diagnostic technologies and huge competition in the hospital microbiology testing market is paving way for a number of opportunities. A number of top companies operating in the market are F. Hoffmann-La Roche Ltd, Thermo-Fischer Scientific, Inc., Gen-Probe, Inc., Bio-Rad Laboratories, Inc., Abbott Laboratories, Inc., Siemens Healthcare Diagnostics, Inc., Sysmex Corporation, Orasure Technologies, Inc., Becton, Dickinson and Company, Quidel Corporation and others.
 
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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