Market Analysis, J Virol Antivir Res Vol: 8 Issue: 2
Microbiology 2020: Take first step in the Microbiological World
Tony VelkovAssociate Professor, University of Melbourne, Australia E-mail: tony.velkov@unimelb.edu.au
Keywords: Microbiological World
Market Analysis
Microbiology comprises many sub-disciplines, including mycology, parasitology, virology and bacteriology. Microbiology provides information needed to create vaccines and treatments for diseases. Biologists use microbiology to develop new methods of combating illness. The conference provides a valuable platform for researchers, practitioners and educators to present and discuss the latest innovations and trends in clinical microbiology and practical challenges in infectious disease prevention.
ME Conferences pleased to announce the upcoming Conference of “3rd International Conference on Clinical Microbiology, Virology and Infectious Diseases” which is going to be held during June 01- 02, 2020 in Istanbul, Turkey. The esteemed Conference aims to provide an exclusive platform for Clinical Microbiology.
Market Analysis for Microbiology 2020:
Clinical Microbiology is a branch of medical science that mainly deals with the diagnosis, treatment and prevention of infectious diseases. It is concerned about various clinical applications of microbes for the improvement of health. It is expected that the global market for clinical microbiology will grow over 2014-2025. The global share value of clinical microbiology in 2016 was estimated at USD 9.1 billion and is expected to develop over the forecast period at a CAGR of 6.7 percent. The main cause of market growth is the steadily increasing incidence of infectious diseases.
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Vaccine Market Report:
Compare to the pharmaceutical market, the vaccine market id relatively small and concentrated on both the supply and demand sides. It is highly regulated and largely dependant on the public purchase and donor policies. The immunogenic market has terribly distinct options that increase the quality of assessing and understanding evaluation and acquisition. It is made up of individual markets for individual vaccines or vaccine type, each with their own specificities, particularly on the supply side. The global vaccine market was valued at over $32.5 billion in 2015 and is expected to reach over $77.8 billion by 2024, at a CAGR of 10.3%.
Global Antibiotics Market:
An antibiotic is a chemical compound that kills or slows down the growth of any diseases causing micro-organisms such as bacteria, parasite, and fungi, but is not effective against viruses and prions. Antibiotics act via various mechanisms such as the inhibition of cell wall synthesis, the inhibition nucleic acid synthesis, the disruption of cell membrane, and the inhibition of protein synthesis. The global antibiotics market generated $42.33 billion in 2017 and is expected to reach $49.93 billion by 2025, registering a CAGR of 2.1% from 2018 to 2025. The report covers the current state of affairs and also the growth prospects of worldwide antibiotics marketplace for 2017-2025. The report presents a detailed picture of market by way of study, synthesis and summation of data from multiple sources.
Market Share of Clinical Microbiology:
Clinical tests are used to diagnose infectious diseases. According to the Centers for Disease Control and Prevention (CDC), approximately 9,421 new cases of tuberculosis, 51,455 new cases of salmonella and 433 new cases of meningococcal disease were recognized in 2014 and the American Cancer Society diagnosed around 1,688,780 new cases of cancer in 2018. Clinical tests are used as the primary diagnosis method due to the increased generality of infections and are expected to grow continuously on the market in the future. The size of the market for clinical microbiology is gradually increased over time and the values are as follows.