Global Microbiology Market Size & Outlook, 2023-2030
Global microbiology market, 2018-2030 (US$M)
Related Markets
Global microbiology market highlights
- The global microbiology market generated a revenue of USD 5,976.3 million in 2023 and is expected to reach USD 8,427.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
- In terms of segment, outpatient facilities accounted for a revenue of USD 2,704.0 million in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,976.3 million |
| Market revenue in 2030 | USD 8,427.9 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care |
Other key industry trends
- In terms of revenue, the North America accounted for 42.5% of the global microbiology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 271.7 million by 2030.
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Microbiology Market Scope
Microbiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microbiology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbiology market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 45.25% in 2023. Horizon Databook has segmented the Global microbiology market based on hospitals, outpatient facilities, home care covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microbiology End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Outpatient Facilities
- Home Care
- Research & Manufacturing
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Target buyers of Global microbiology market databook
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Our clientele includes a mix of microbiology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global microbiology market , including forecasts for subscribers. This global databook contains high-level insights into Global microbiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microbiology market size, by region, 2018-2030 (US$M)
Top 10 countries: Microbiology market size, 2023 (US$M)
Global microbiology market share, by end use, 2023 & 2030 (%, US$M)
Microbiology market: Opportunity assessment by country
Global microbiology market, by region, 2023 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 250.6 | 263.7 | 255.0 | 272.0 | 290.0 | 309.0 | 329.0 | 350.2 | 372.5 | 396.0 | 420.7 | 446.7 | 474.1 | 7.0% |
| Europe | 1,311.0 | 1,353.2 | 1,283.9 | 1,343.9 | 1,406.1 | 1,470.5 | 1,537.1 | 1,606.0 | 1,677.2 | 1,750.8 | 1,826.7 | 1,905.1 | 1,985.9 | 5.1% |
| North America | 2,286.3 | 2,355.8 | 2,231.1 | 2,331.1 | 2,434.4 | 2,541.1 | 2,651.2 | 2,764.7 | 2,881.7 | 3,002.1 | 3,126.0 | 3,253.5 | 3,384.4 | 4.8% |
| MEA | 182.5 | 191.7 | 185.1 | 197.1 | 209.8 | 223.2 | 237.3 | 252.2 | 267.9 | 284.4 | 301.7 | 320.0 | 339.1 | 6.8% |
| Asia Pacific | 1,141.4 | 1,205.5 | 1,170.1 | 1,252.6 | 1,340.0 | 1,432.5 | 1,530.4 | 1,633.9 | 1,743.3 | 1,858.7 | 1,980.5 | 2,109.0 | 2,244.4 | 7.3% |
| Overall | 5,171.8 | 5,369.9 | 5,125.0 | 5,396.7 | 5,680.3 | 5,976.3 | 6,285.1 | 6,607.0 | 6,942.5 | 7,291.9 | 7,655.7 | 8,034.3 | 8,427.9 | 5.0% |
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