Posted 4/1/2024, 2:30:00 PM
Rapid Microbiology Testing Market Set to Grow 10% Annually, Reaching $8.3 Billion by 2029
- Rapid microbiology testing market projected to reach $8.3 billion by 2029, growing at a CAGR of 10.1% from 2024-2029
- Market growth driven by rising infectious diseases, technological advancements, and emphasis on early detection
- North America held the largest market share in 2023 due to high adoption of advanced technologies
- Instruments product segment accounted for the largest market share in 2023
- Industrial testing application segment dominated the market in 2023 due to use in pharmaceutical, food, and other industries