Virology and Bacteriology Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Molecular Diagnostics, Immunoassays, Diagnostic Imaging, Information Technology), By End User (Hospitals, Diagnostic Centers, Research Laboratories, And Blood Banks), By Region and Competition, 2019-2029F

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 2.10 Billion

Market Size (2029)

USD 2.97 Billion

CAGR (2024-2029)

6.12%

Fastest Growing Segment

Molecular Diagnostics

Largest Market

North America

Market Overview

Global Virology and Bacteriology Market was valued at USD 2.10 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.12% through 2029. The Global Virology and Bacteriology Market is a dynamic and vital sector within the broader field of healthcare and life sciences. This market encompasses a wide array of products and services aimed at understanding, diagnosing, preventing, and treating viral and bacterial infections. It plays a critical role in safeguarding public health, advancing scientific knowledge, and driving innovation in medical research and pharmaceutical development.

One of the cornerstones of this market is diagnostic testing. Laboratories and healthcare facilities worldwide rely on diagnostic assays and tools to identify and characterize viral and bacterial pathogens. Molecular diagnostic tests, immunoassays, and culture-based techniques are essential in guiding patient care, tracking disease outbreaks, and formulating public health strategies. The Global Virology and Bacteriology Market is a critical sector that impacts public health, research, and pharmaceutical advancements on a global scale. Its continued growth and innovation are essential for addressing current and emerging infectious diseases and improving healthcare outcomes worldwide.

Key Market Drivers

High prevalence of Viral and Bacterial Infection

The high prevalence of viral and bacterial infections worldwide is a driving force behind the increasing demand for Virology and Bacteriology research, diagnostics, and treatments. Infectious diseases caused by viruses and bacteria continue to pose significant public health challenges, making it imperative to invest in this field to combat existing and emerging threats. The prevalence of viral infections like HIV, hepatitis, influenza, and more recently, the COVID-19 pandemic, underscores the need for effective virology research and diagnostics. Understanding the dynamics of viral transmission, mutations, and host responses is crucial for developing vaccines, antiviral medications, and diagnostic tests. The urgency to respond to infectious disease outbreaks, such as the global response to COVID-19, has catalyzed investments in virology and bacteriology research and development.

Bacterial infections, including antibiotic-resistant strains, continue to exact a heavy toll on global health. Diseases like tuberculosis, MRSA, and multidrug-resistant bacteria represent formidable challenges that necessitate innovative bacteriology research and diagnostics. The rise of antibiotic resistance emphasizes the need for novel antibacterial therapies and diagnostic tools. The ongoing coexistence of viral and bacterial infections in healthcare settings further drives demand for integrated virology and bacteriology solutions. Timely and accurate diagnosis of coinfections is critical for patient management and reducing the risk of healthcare-associated infections.

Governments Investment on Healthcare Infrastructure

Government investment in healthcare infrastructure is poised to significantly boost the demand for Virology and Bacteriology research, diagnostics, and treatments. The allocation of substantial resources to strengthen healthcare systems and respond to public health crises is a strategic move that recognizes the critical role these fields play in safeguarding public health. Investments in healthcare infrastructure enhance the capacity for research and development in Virology and Bacteriology. State-of-the-art laboratories, research centers, and academic institutions equipped with cutting-edge technology enable scientists to conduct advanced studies, genomic sequencing, and drug discovery. Governments' financial support fosters innovation and accelerates the development of diagnostics, vaccines, and treatments for infectious diseases.

A robust healthcare infrastructure bolsters diagnostic capabilities, which are fundamental to controlling outbreaks and ensuring timely patient care. Modern diagnostic facilities equipped to perform molecular tests, serology, and microbiological analyses are pivotal in identifying and managing viral and bacterial infections effectively. Public investment in these facilities helps establish a comprehensive diagnostic ecosystem.

Healthcare infrastructure investments play a pivotal role in the manufacturing and distribution of vaccines and antimicrobial medications. Government support can facilitate the expansion of vaccine production facilities and ensure the availability of critical medications. This is particularly crucial in responding to pandemics and endemic diseases, where mass vaccination campaigns and timely treatment are essential.

Technological Innovations in Research and Development Activities

Technological innovations in research and development activities are poised to be a driving force behind the increased demand for Virology and Bacteriology research, diagnostics, and treatments. These innovations are reshaping the landscape of virology and bacteriology, enabling more precise and effective approaches to understand, combat, and manage infectious diseases.

Advancements in genomic sequencing and high-throughput techniques have revolutionized the field. Researchers can now rapidly sequence the genomes of viruses and bacteria, facilitating the identification of genetic variations, drug resistance mechanisms, and potential therapeutic targets. This deepened understanding has led to the development of targeted diagnostics and personalized treatment strategies, driving demand for specialized tests and therapies.

Cutting-edge technologies such as CRISPR-Cas9 gene editing are transforming virology and bacteriology research. Scientists can manipulate viral and bacterial genomes with unprecedented precision, allowing them to investigate the functions of specific genes, develop attenuated vaccines, and explore novel therapeutic approaches. The demand for gene-editing tools and services is on the rise as these techniques become integral to research and development efforts. Innovations in diagnostic platforms, including point-of-care testing and next-generation sequencing-based assays, are enhancing the speed and accuracy of disease detection. Rapid and accurate diagnostics are essential for effective outbreak control and patient care, spurring demand for advanced diagnostic tools and services.

Technological innovations are catalyzing breakthroughs in virology and bacteriology research and development activities. These innovations are driving demand for specialized equipment, diagnostics, therapies, and services, as researchers and healthcare professionals leverage cutting-edge technologies to address infectious diseases more effectively. As technology continues to advance, the demand for expertise and solutions in Virology and Bacteriology is expected to grow, ultimately leading to improved healthcare outcomes and a better understanding of infectious diseases.


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Key Market Challenges

High Research and Development Costs

Developing new drugs, vaccines, and diagnostic tests in the fields of Virology and Bacteriology is often accompanied by substantial expenses and time requirements. The costs associated with conducting extensive clinical trials, acquiring state-of-the-art research equipment, and recruiting highly skilled personnel present significant hurdles that must be overcome. The rigorous regulatory processes and stringent quality control measures further contribute to the complexity and duration of these endeavors, adding to the challenges faced by researchers and scientists. However, despite these formidable obstacles, the advancements made in Virology and Bacteriology have the potential to revolutionize the healthcare landscape and save countless lives. The development of innovative drugs and vaccines can combat infectious diseases, while improved diagnostic tests can enhance early detection and treatment. By investing in research and overcoming the challenges, we pave the way for a future where healthcare is more effective, accessible, and capable of tackling the evolving threats posed by viral and bacterial pathogens.

Regulatory Challenges

In the development and commercialization of new drugs, vaccines, and diagnostics, companies often encounter stringent regulatory requirements and lengthy approval processes. These procedures, which are crucial for ensuring safety and efficacy, can sometimes result in delays in bringing innovative products to the market. Staying compliant with ever-evolving regulations necessitates continuous monitoring and adaptation, which can be both time-consuming and costly for companies operating in this field. Nonetheless, successfully navigating these challenges is of paramount importance to ensure the delivery of high-quality and reliable healthcare solutions to patients worldwide. By meticulously adhering to regulatory standards and implementing robust quality control measures, companies can instill confidence in their products and contribute to the betterment of global healthcare.

Key Market Trends

Advancement in Diagnostics

Continued research and advancement in the field of medical diagnostics is of utmost importance for improving the early detection and identification of bacterial and viral pathogens. By investing in the development of cutting-edge diagnostic technologies, we can significantly enhance public health outcomes and better prepare for future infectious disease challenges. The development of rapid and accurate diagnostic tools, such as point-of-care tests and next-generation sequencing, will play a pivotal role in facilitating disease management and outbreak control. These innovative tools empower healthcare professionals to identify pathogens, enabling more effective treatment strategies and ultimately saving lives swiftly and accurately. These advancements in medical diagnostics enable proactive monitoring and surveillance of infectious diseases, allowing for timely intervention and control measures. This proactive approach not only helps in preventing the spread of infections but also contributes to the overall well-being of communities. In summary, the continuous improvement and implementation of advanced diagnostic technologies are crucial for ensuring early detection, effective management, and control of bacterial and viral pathogens. By prioritizing research and investment in this area, we can significantly improve public health outcomes and save countless lives.

Growing Vaccine Development

The demand for vaccines against infectious diseases is expected to remain persistently high in the coming years. This can be attributed to various factors, including the continuous research and development efforts focused on creating new vaccines and innovative vaccine platforms, such as mRNA technology. The advent of mRNA vaccines has revolutionized the field, offering promising opportunities for enhanced efficacy and rapid response to emerging infectious threats. The urgent need for pandemic preparedness has spurred the development of advanced and highly efficient methods for rapid vaccine production. These groundbreaking advancements in vaccine technology and production methods not only drive the growth of the vaccine market but also contribute significantly to global efforts in combating infectious diseases and safeguarding public health. By integrating cutting-edge research, leveraging innovative technologies, and implementing streamlined production processes, the vaccine industry is poised to meet the evolving challenges posed by infectious diseases. This continuous innovation and dedication to public health are key in ensuring a safer and healthier future for individuals worldwide.

Segmental Insights

Technology Insights

Based on the technology, the molecular diagnostics segment emerged as the dominant force in the Virology and Bacteriology Market in 2023 and is expected to maintain its leading position throughout the forecast period. This can be attributed to the unique advantage of molecular diagnostics technology, which enables the detection of even lower amounts of infectious agents. By detecting infections at an early stage, this technology plays a crucial role in improving patient outcomes and reducing the spread of diseases. Its ability to provide accurate and timely results has made it an indispensable tool in the field of healthcare diagnostics. he advent of novel molecular techniques has endowed diagnostics with unprecedented capabilities, transcending the limitations of traditional methods. Polymerase Chain Reaction (PCR), nucleic acid amplification assays, and next-generation sequencing are among the arsenal of molecular tools driving this revolution. These techniques not only facilitate the early detection of infectious agents but also enable the characterization of microbial strains, elucidating crucial insights into virulence, antimicrobial resistance, and transmission dynamics.

End User Insights

Based on the end user segment, the diagnostic centers segment has been the dominant force in the global Virology and Bacteriology Market. Diagnostic centers, including independent laboratories and specialized diagnostic facilities, have a primary focus on conducting tests and providing diagnostic services. They play a critical role in early disease detection, monitoring, and patient management. These centers often have state-of-the-art equipment and expertise to conduct a wide array of virology and bacteriology tests, making them essential for diagnosing infections, tracking disease outbreaks, and offering specialized testing services. Their significance transcends mere diagnosis; diagnostic centers serve as crucial hubs for disease surveillance, outbreak monitoring, and specialized testing services. By facilitating early detection and accurate diagnosis, these centers enable prompt initiation of targeted therapies, thereby mitigating disease progression and minimizing transmission risks. Diagnostic centers foster collaboration between healthcare providers, researchers, and public health agencies, catalyzing the development of innovative diagnostic approaches and therapeutic interventions. As custodians of healthcare excellence, diagnostic centers epitomize the convergence of cutting-edge technology, clinical expertise, and unwavering commitment to patient care, solidifying their status as the linchpin of the Virology and Bacteriology Market.


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Regional Insights

North America, specifically the Virology and Bacteriology Market, dominated the market in 2023, primarily due to the regional market in North America has witnessed remarkable growth over the years, owing to the widespread adoption of sophisticated diagnostic and testing techniques. This surge in growth can be attributed not only to increased healthcare spending and favorable government policies but also to the establishment of state-of-the-art clinical laboratories and manufacturing facilities. The market has been bolstered by the ever-increasing research and development endeavors undertaken by both public and private organizations in the United States. These collective factors have fostered an environment conducive to market expansion, propelling its upward trajectory and paving the way for even greater advancements in the future. The rising prevalence of chronic obstructive pulmonary disease (COPD) and respiratory ailments that necessitate non-invasive ventilation. The region benefits from a well-established healthcare infrastructure and the presence of key players like Becton, Dickinson, and Company (BD) in New Jersey, U.S., further driving market growth. The North American region is witnessing increased intensive care admissions and the emergence of novel ventilation modes such as acute non-invasive ventilation, contributing to the expansion of the Virology and Bacteriology Market.

Recent Developments

  • In March 2024, Imperial College London introduced new online courses in virology and vaccinology. The new Coursera series will delve into the mechanisms of viral infection, the protective role of vaccines, and the latest advancements in infectious disease research. The COVID-19 pandemic heightened interest in these areas, with Imperial College London at the forefront of crucial research in vaccine development and the understanding of coronavirus evolution, transmission, and impact.
  • In October 2023, Gilead Sciences, Inc. announced the results of its virology research and development endeavors, slated to be showcased at IDWeek 2023 in Boston from October 11-15. These recent findings underscore the company's steadfast commitment to meeting the healthcare challenges faced by HIV and COVID-19 affected populations. Gilead will present 16 abstracts, incorporating real-world data, as it continues its pursuit of innovative scientific advancements in virology.
  • In December 2023, HiGenoMB received approval from the Central Drugs Standard Control Organization (CDSCO) for the importation of the NG-Test CARBA 5 kit from NG Biotech, a France-based company. HiMedia – HiGenoMB, in partnership with NG Biotech, is now introducing this rapid diagnostic kit to the Indian market. This kit provides a rapid, qualitative test for the detection and differentiation of five common carbapenemase enzymes (KPC (K), OXA-48-like (O), IMP (I), VIM (V), NDM (N)) in bacterial colonies. These carbapenemase-producing bacteria, often found in hospital environments, are associated with a significant number of nosocomial infections and present major global health challenges due to their often difficult detection. The kit is user-friendly, portable, and requires minimal training, making it particularly valuable in resource-limited settings with constrained diagnostic capabilities.
  • In July 2023, Microbiology unveiled ‘Microbial Primers,’ a series of concise articles crafted to clarify and elucidate complex microbiological concepts. In the dynamic field of microbiology, emerging research and discoveries can be daunting, particularly for early-career professionals. ‘Microbial Primers’ is designed to make these intricate concepts more comprehensible and accessible to all interested parties. Authored by leading experts in microbiology, each article will focus on a specific topic, distilling it to its core principles and highlighting its significance within the broader scientific landscape.

Key Market Players

  • Fujirebio Diagnostics Inc.
  • Cepheid Inc.
  • DiaSorin S.p.A.
  • Bio-Rad Laboratories Inc.
  • Thermo Fisher Scientific Inc.
  • Scienion GmbH
  • Grifols S.A.
  • Qiagen N.V.
  • Eiken Chemical Co. Ltd.
  • Laboratory Corporation of America Holdings

 By Technology

By End User

By Region
  • Molecular Diagnostics
  • Immunoassays
  • Diagnostic Imaging
  • Information Technology
  • Hospitals
  • Diagnostic Centers
  • Research Laboratories
  • Blood Banks
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Virology and Bacteriology Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Virology and Bacteriology Market, By Technology:

o   Molecular Diagnostics

o   Immunoassays

o   Diagnostic Imaging

o   Information Technology

  • Virology and Bacteriology Market, By End User:

o   Hospitals

o   Diagnostic Centers

o   Research Laboratories

o   Blood Banks

  • Virology and Bacteriology Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

 Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Virology and Bacteriology Market.

Available Customizations:

Global Virology and Bacteriology market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Virology and Bacteriology Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Virology and Bacteriology Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Technology (Molecular Diagnostics, Immunoassays, Diagnostic Imaging, Information Technology)

5.2.2.    By End User (Hospitals, Diagnostic Centres, Research Laboratories, And Blood Banks)

5.2.3.    By Region

5.2.4.    By Company (2023)

5.3.  Market Map

6.    North America Virology and Bacteriology Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Technology

6.2.2.    By End User

6.2.3.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Virology and Bacteriology Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Technology

6.3.1.2.2.            By End User

6.3.2.    Canada Virology and Bacteriology Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Technology

6.3.2.2.2.            By End User

6.3.3.    Mexico Virology and Bacteriology Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Technology

6.3.3.2.2.            By End User

7.    Europe Virology and Bacteriology Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Technology

7.2.2.    By End User

7.2.3.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Virology and Bacteriology Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Technology

7.3.1.2.2.            By End User

7.3.2.    United Kingdom Virology and Bacteriology Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Technology

7.3.2.2.2.            By End User

7.3.3.    Italy Virology and Bacteriology Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.            By Technology

7.3.3.2.2.            By End User

7.3.4.    France Virology and Bacteriology Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Technology

7.3.4.2.2.            By End User

7.3.5.    Spain Virology and Bacteriology Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Technology

7.3.5.2.2.            By End User

8.    Asia-Pacific Virology and Bacteriology Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Technology

8.2.2.    By End User

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Virology and Bacteriology Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Technology

8.3.1.2.2.            By End User

8.3.2.    India Virology and Bacteriology Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Technology

8.3.2.2.2.            By End User

8.3.3.    Japan Virology and Bacteriology Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Technology

8.3.3.2.2.            By End User

8.3.4.    South Korea Virology and Bacteriology Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Technology

8.3.4.2.2.            By End User

8.3.5.    Australia Virology and Bacteriology Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Technology

8.3.5.2.2.            By End User

9.    South America Virology and Bacteriology Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Technology

9.2.2.    By End User

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Virology and Bacteriology Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Technology

9.3.1.2.2.            By End User

9.3.2.    Argentina Virology and Bacteriology Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Technology

9.3.2.2.2.            By End User

9.3.3.    Colombia Virology and Bacteriology Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Technology

9.3.3.2.2.            By End User

10.  Middle East and Africa Virology and Bacteriology Market Outlook

10.1.            Market Size & Forecast         

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Technology

10.2.2. By End User

10.2.3. By Country

10.3.            MEA: Country Analysis

10.3.1. South Africa Virology and Bacteriology Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Technology

10.3.1.2.2.         By End User

10.3.2. Saudi Arabia Virology and Bacteriology Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Technology

10.3.2.2.2.         By End User

10.3.3. UAE Virology and Bacteriology Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Technology

10.3.3.2.2.         By End User

11.  Market Dynamics

11.1.            Drivers

11.2.            Challenges

12.  Market Trends & Developments

12.1.            Merger & Acquisition (If Any)

12.2.            Product Launches (If Any)

12.3.            Recent Developments

13.  Porters Five Forces Analysis

13.1.            Competition in the Industry

13.2.            Potential of New Entrants

13.3.            Power of Suppliers

13.4.            Power of Customers

13.5.            Threat of Substitute Products

14.  Competitive Landscape

14.1.            Fujirebio Diagnostics Inc.

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Products & Services

14.1.4. Financials (As Reported)

14.1.5. Recent Developments

14.1.6. Key Personnel Details

14.1.7. SWOT Analysis

14.2.            Cepheid Inc.

14.3.            DiaSorin S.p.A.

14.4.            Bio-Rad Laboratories Inc.

14.5.            Thermo Fisher Scientific Inc.

14.6.            Scienion GmbH

14.7.            Grifols S.A.

14.8.            Qiagen N.V.

14.9.            Eiken Chemical Co. Ltd.

14.10.         Laboratory Corporation of America Holdings

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Virology and Bacteriology Market was estimated to be USD 2.10 Billion in 2023.

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Fujirebio Diagnostics Inc., Cepheid Inc., DiaSorin S.p.A., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Scienion GmbH,. Grifols S.A., Qiagen N.V. , Eiken Chemical Co. Ltd., Laboratory Corporation of America Holdings, etc, were among the top key players in the Global Virology and Bacteriology Market in 2023.

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North America emerged as the dominant market in 2023, capturing a significant revenue share. The region benefits from a robust healthcare infrastructure that facilitates effective disease management and treatment. The strategic investments in research and development, coupled with proactive regulatory frameworks, propelled North America to the forefront of the market, setting a precedent for global healthcare excellence.

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Technological advancements in virology and bacteriology testing and rising incidences of infectious diseases are the major drivers for the Global Virology and Bacteriology Market.

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Sakshi Bajaal

Business Consultant
Press Release

Virology and Bacteriology Market to Grow at a CAGR of 6.12% through 2029F

Jul, 2024

Rising incidence of infectious diseases to drive global virology and bacteriology market in the forecast period, through 2025-2029F

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