Microbial identification it is professional market include in Top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent submarkets.
Global microbial identification market projected to grow at a CAGR of 6.6% during the forecast period
The microbial identification market is expected to reach USD 3.00 billion by 2022 from USD 2.18 billion in 2017, at a CAGR of 6.6%.
Factors driving the growth of this market include the increasing prevalence of infectious diseases, technological advancements in microbial identification, increasing food safety concerns, and government initiatives to promote use of microbial identification. On the other hand, the high cost of automated microbial identification systems is expected to limit market growth in the coming years.
Complex regulatory frameworks that delay the approval of new microbial diagnostic tests are also expected to challenge market growth to a certain extent.
Consumables segment expected to grow at the fastest rate during the forecast period
The consumables used for microbial identification are anticipated to grow at the highest CAGR during the forecast. The need of consumables in large numbers as compared to instruments is the primary factor responsible for this positive market growth.
*Top 12+ Companies Analyzed for This Studies are - The key players in the microbial identification market include Becton, Dickinson and Company (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), bioMérieux S.A.
(France), Merck KGaA (Germany), Charles River Laboratories International, Inc. (US), Bruker Corporation (US), Shimadzu Corporation (Japan), VWR Corporation (US), Eurofins Scientific S.E.
(Luxembourg), GTCR, LLC. (US), QIAGEN N.V. (Netherlands), Liofilchem s.r.l.
(Italy), IEH Laboratories & Consulting Group (US), Alcami Corporation (US), Biolog, Inc. (US), Abellon CleanEnergy Limited (India), Alpha Analytical, Inc.
(US), NeoGenomics, Inc. (US), Trivitron Healthcare (India), Molzym GmbH & Co. KG (Germany), Dynatec Labs (US), Altogen Labs (US), STERIS plc (UK), and Wickham Laboratories Ltd.
Target Audience for this Report:
- Academic and research institutes
- Hospitals, clinics, and laboratories
- Clinical research organizations (CROs)
- Microbial identification service providers
- Culture collection repositories
- Diagnostic associations
- Venture capitalists
- Life sciences instrumentation and reagent companies
- Business research and consulting firms
- Government bodies
- Microbial identification database and software providers
- Venture capitalists
Key point from table of content
Microbial Identification Market, By Product and Service
Automated Microbial Identification Systems
Microbial Identification Market, By Method
Microbial Identification Market, By Application
Human Disease Diagnosis
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