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Stock impact report

Rapid Microbiology Testing Market is Expected to Reach $8.3 billion | MarketsandMarkets™ [Yahoo! Finance]

Rapid Micro Biosystems, Inc. - Class A (RPID) 
Company Research Source: Yahoo! Finance
and is poised to reach $8.3 billion by 2029, growing at a CAGR of 10.1% from 2024 to 2029 according to a latest report published by MarketsandMarkets™. The increasing use of rapid microbiology testing products can be attributed to their ability to provide quick and reliable results. These products are cost-effective and can often lead to cost savings compared to traditional methods, which is a significant factor driving their uptake. Continuous technological advancements improve their sensitivity and specificity, making them more competitive. Collaborations among industry stakeholders also accelerate the successful implementation of these products, particularly in addressing global health challenges and emerging infectious threats. Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31548521 Rapid Microbiology Testing Market Scope: Report Coverage Details Market Revenue in 2024 $5.2 billion Estimated Value by 2029 $8.3 billion Show less Read more
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