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Women's Health Weekly

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Business Update



Research firm examines microbiology test market



June 16th, 2005

The highly saturated and competitive U.S. rapid microbiology tests market needs to look for alternative solutions to expand the market reach of these examination procedures. This situation has led to a spurt of mergers, acquisitions, and consolidation in the market.

New analysis from Frost & Sullivan, "U.S. Rapid Microbiology Tests Market," reveals that revenue in this market totaled $529.0 million in 2004 and projects to reach $785.1 million in 2011.

"Through mergers and acquisitions, participants can reduce their marketing costs, expand their product portfolio, and have more resources at their disposal," notes Frost & Sullivan Research Analyst...


Source: Women's Health Weekly (2005-06-16)

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