Overview and ScopeMicrobial identification methods are systematic approaches and laboratory techniques employed to determine the identity and characteristics of microorganisms by analyzing their phenotypic (observable traits) and genotypic (genetic) properties. These methods are crucial for diagnosing infectious diseases, monitoring food and water safety, studying microbial ecology, and developing effective treatments or preventive measures against pathogenic microorganisms.
Sizing and ForecastThe microbial identification methods market size has grown strongly in recent years. It will grow from $4.74 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth in the prevalence of infectious diseases, increased funding for research and development in diagnostics, increased focus on infection control measures in healthcare facilities, increased food safety concerns, and rising demand for microbial identification methods.
The microbial identification methods market size is expected to see strong growth in the next few years. It will grow to $6.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to the growing demand for rapid microbiology testing, developments in microbial studies, growing adoption of automated systems, rising disposable incomes, and increasing government initiatives for food safety. Major trends in the forecast period include new product launches, advancements in microbial identification techniques, adoption of automated bacterial identification systems, advancements in microfluidics, robotics and nanotechnology, and strategic partnerships.
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Segmentation & Regional InsightsThe microbial identification methods market covered in this report is segmented –
1) By Method: Genotypic, Phenotypic, Proteotypic2) By Type: Bacterial Identification System, Microbial Enumeration System, Bacterial Resistance Identification Systems, Microbiology Analyzer, Other Type3) By End User: Pharmaceutical And Biotechnology Companies, Hospitals And Diagnostic Laboratories, Food Testing Laboratories, Other End-Users
North America was the largest region in the microbial identification methods market in 2023. The regions covered in the microbial identification methods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market GrowthThe increasing prevalence of infectious diseases is expected to propel the growth of the microbial identification methods market going forward. Infectious diseases are illnesses caused by harmful agents (pathogens) entering the body, such as viruses, bacteria, fungi, and parasites. The major infectious diseases are HIV/AIDS (human immunodeficiency virus/acquired immunodeficiency syndrome), tuberculosis, malaria, and more. The increasing prevalence of infectious diseases can be attributed to antimicrobial resistance, climate change, and population growth. Microbial identification methods are crucial for diagnosing, treating, and preventing infectious diseases by providing detailed information about the pathogens causing an infection, enabling healthcare professionals to make informed decisions regarding patient care. For instance, in July 2023, according to UNAIDS, the Switzerland-based United Nations program dedicated to addressing the global HIV/AIDS epidemic, the number of people with HIV currently exceeded 39 million globally, up 3.17% from 37.7 million in 2020. Furthermore, in March 2023, according to the Centers for Disease Control and Prevention, a US-based government agency, tuberculosis (TB) cases in the US increased by 5.9% from 7,874 cases in 2021 to 8,331 cases in 2022. Therefore, the increasing prevalence of infectious diseases drives the growth of the microbial identification methods market.
Key Industry PlayersMajor companies operating in the microbial identification methods market are Merck KGaA, Sumitomo Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Becton Dickinson and Company, GE Healthcare, Avantor Inc., Eurofins Scientific SE, Lonza Group AG, Sartorius AG, Charles River Laboratories International Inc., bioMerieux SA, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., ", Bruker Corporation, Qiagen N.V., Beckman Coulter Inc., HiMedia Laboratories., Hardy Diagnostics., LuminUltra Technologies Ltd., Biolog Inc.
The microbial identification methods market report table of contents includes:
1. Executive Summary2. Market Characteristics3. Market Trends And Strategies4. Impact Of COVID-195. Market Size And Growth6. Segmentation7. Regional And Country Analysis...27. Competitive Landscape And Company Profiles28. Key Mergers And Acquisitions29. Future Outlook and Potential Analysis
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Microbial identification market is expected to gain market growth in the forecast period of 2020 to 2027.
Data Bridge Market Research analyses the market to account to USD 4.08 billion by 2027 growing with the CAGR of 6.56% in the above-mentioned forecast period.
The growing concern towards the food safety and regulation will drive the growth of the microbial identification market.Increasing occurrences of infectious diseases is likely to accelerate the growth of the microbial identification market in the forecast period of 2020-2027.Downward pricing pressure owing to its commodity nature is likely to hamper the growth of the microbial identification market in the above-mentioned forecast period.Get Exclusive Sample (350 Pages PDF) Report: To Know the Impact of COVID-19 on this Industry @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-microbial-identification-marketMarket Drivers and Restraints:Based on product and service, the microbial identification market is segmented into instruments, consumables and services.
Instruments is further sub-segmented into microarrays, polystainers, high-power microscopes, PCR, mass spectrometers, automated microbial identification systems, flow cytometers and other.
Consumables are further sub-segmented into plates & media, reagents & kits and other.
Services are further sub-segmented into identification services and culture collection servicesOn the basis of method, the microbial identification market is segmented into phenotypic methods, proteomic based methods and genotypic methodsBased on application, the microbial identification market is segmented into diagnostic applications, food testing, pharmaceutical applications, cosmetics and personal care products testing, environmental applications and othersThe end users is further segmented in microbial identification market into hospitals, diagnostic laboratories and blood banks, beverage manufacturing companies, pharmaceutical companies and others.The major players covered in the Benign Microbial Identification MarketThe major players covered in the microbial identification market report are Shimadzu Corporation, BIOLOG, Wickham Laboratories, Merck KGaA, Danaher, Biomerieux S.A, Thermo Fisher Scientific Inc, BD, Charles River, Bruker, Bioyong Tech, Hangzhou Binhe Microorgan, MIDI Inc, Eurofins Scientific, Liofilchem, Srl, among other domestic and global players.