Press release
Microbial Identification Market 2024 | Market Share, Size, Industry Growth, Competitive Landscape, Share & Forecast To 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Microbial Identification Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $9.92 billion In 2028 At A CAGR Of 15.5% :
The microbial identification market size has grown rapidly in recent years. It will grow from $4.82 billion in 2023 to $5.57 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to government initiatives and funding for promoting microbial identification, growing FDA approvals, growing health awareness among people.
The microbial identification market size is expected to see rapid growth in the next few years. It will grow to $9.92 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to growing food safety concerns, rising incidence of infectious diseases and increasing frequency of pandemics. Major trends in the forecast period include technological advancements in microbial identification methods, continuous advancements in automation, molecular diagnostics, and genomics, partnerships.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=15606&type=smp
Microbial Identification Market Major Segments
The microbial identification market covered in this report is segmented -
1) By Products And Services: Instruments, Consumables, Services
2) By Methods: Phenotypic Methods, Proteotypic Methods, Genotypic Methods
3) By Application: Diagnostic Application, Environmental Application, Food and Beverages Testing, Pharmaceutical Application, Other Applications
4) By End User: Pharmaceutical And Biotechnology Industry, Food And Beverage Industry, Water And Environment Industry, Independent Research Laboratories, Diagnostic Laboratories, Hospitals, Other End Users
Key Driver - Genetic Disorders Driving Growth In Hereditary Breast And Ovarian Cancer Syndrome Treatment Market
The rising prevalence of infectious diseases is expected to propel the growth of the microbial identification market going forward. Infectious diseases are illnesses caused by pathogenic microorganisms such as bacteria, viruses, fungi, parasites, or prions. Infectious diseases occur due to climate change, environmental disruption, antimicrobial resistance, weakened immune systems, and ecological disturbances. Microbial identification is essential for accurate diagnosis, targeted treatment, disease surveillance, outbreak control, and antimicrobial stewardship in managing infectious diseases. For instance, according to the gov. uk, a UK-based public sector information website, in England, there were 3,805 new HIV diagnoses in 2022, marking a 22% increase from the 3,118 cases reported in 2021 and a 26% rise from the 3,026 cases reported in 2020. Therefore, the rising prevalence of infectious diseases drives the microbial identification market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=15606&type=smp
Prominent Trend - Advancements In Mass Spectrum Technology Revolutionize Microbial Identification For Clinical, Environmental, And Food Safety Applications
Major companies operating in the microbial identification market are developing mass spectrum technology to enhance the accuracy and speed of identifying microorganisms, which is crucial for clinical diagnostics, environmental monitoring, and food safety applications. Mass spectrum technology enables quick and reliable identification of microorganisms down to the species level within minutes, offering a cost-effective and efficient alternative to traditional biochemical assays and sequencing methods. For instance, in January 2021, Bruker, a US-based manufacturer of microbial identification, launched an MS-based rapid microbial identification kit to meet the latest distribution requirements. This kit represents a significant advance in microbial identification, as MALDI-TOF MS has recently become the standard in clinical microbiology laboratories. It enables faster, more efficient, and cost-effective analysis than conventional biochemical assays or sequencing.
Microbial Identification Market Players
Major companies operating in the microbial identification market are Merck & Co. Inc., Sanofi S A, ThermoFisher Scientific Inc., Danaher Corporation, Siemens Healthineers, Becton, Dickinson and Company, Avantor Inc., Eurofins Scientific Corporation, Beckman Coulter Inc., VWR International LLC, Charles River Laboratories International Inc., Perkinelmer Inc., Wickham Micro Limited, Bruker Corporation, BioMerieux S.A., Biolog Inc., Liofilchem S.r.l, BioMérieux SA , Shimadzu Corporation, Scenker Biological Technology Co. Ltd
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/microbial-identification-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the microbial identification market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microbial identification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Microbial Identification Market Report Structure
3. Microbial Identification Market Trends And Strategies
4. Microbial Identification Market - Macro Economic Scenario
5. Microbial Identification Market Size And Growth
…..
27. Microbial Identification Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Microbial Identification Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $9.92 billion In 2028 At A CAGR Of 15.5% :
The microbial identification market size has grown rapidly in recent years. It will grow from $4.82 billion in 2023 to $5.57 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to government initiatives and funding for promoting microbial identification, growing FDA approvals, growing health awareness among people.
The microbial identification market size is expected to see rapid growth in the next few years. It will grow to $9.92 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to growing food safety concerns, rising incidence of infectious diseases and increasing frequency of pandemics. Major trends in the forecast period include technological advancements in microbial identification methods, continuous advancements in automation, molecular diagnostics, and genomics, partnerships.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=15606&type=smp
Microbial Identification Market Major Segments
The microbial identification market covered in this report is segmented -
1) By Products And Services: Instruments, Consumables, Services
2) By Methods: Phenotypic Methods, Proteotypic Methods, Genotypic Methods
3) By Application: Diagnostic Application, Environmental Application, Food and Beverages Testing, Pharmaceutical Application, Other Applications
4) By End User: Pharmaceutical And Biotechnology Industry, Food And Beverage Industry, Water And Environment Industry, Independent Research Laboratories, Diagnostic Laboratories, Hospitals, Other End Users
Key Driver - Genetic Disorders Driving Growth In Hereditary Breast And Ovarian Cancer Syndrome Treatment Market
The rising prevalence of infectious diseases is expected to propel the growth of the microbial identification market going forward. Infectious diseases are illnesses caused by pathogenic microorganisms such as bacteria, viruses, fungi, parasites, or prions. Infectious diseases occur due to climate change, environmental disruption, antimicrobial resistance, weakened immune systems, and ecological disturbances. Microbial identification is essential for accurate diagnosis, targeted treatment, disease surveillance, outbreak control, and antimicrobial stewardship in managing infectious diseases. For instance, according to the gov. uk, a UK-based public sector information website, in England, there were 3,805 new HIV diagnoses in 2022, marking a 22% increase from the 3,118 cases reported in 2021 and a 26% rise from the 3,026 cases reported in 2020. Therefore, the rising prevalence of infectious diseases drives the microbial identification market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=15606&type=smp
Prominent Trend - Advancements In Mass Spectrum Technology Revolutionize Microbial Identification For Clinical, Environmental, And Food Safety Applications
Major companies operating in the microbial identification market are developing mass spectrum technology to enhance the accuracy and speed of identifying microorganisms, which is crucial for clinical diagnostics, environmental monitoring, and food safety applications. Mass spectrum technology enables quick and reliable identification of microorganisms down to the species level within minutes, offering a cost-effective and efficient alternative to traditional biochemical assays and sequencing methods. For instance, in January 2021, Bruker, a US-based manufacturer of microbial identification, launched an MS-based rapid microbial identification kit to meet the latest distribution requirements. This kit represents a significant advance in microbial identification, as MALDI-TOF MS has recently become the standard in clinical microbiology laboratories. It enables faster, more efficient, and cost-effective analysis than conventional biochemical assays or sequencing.
Microbial Identification Market Players
Major companies operating in the microbial identification market are Merck & Co. Inc., Sanofi S A, ThermoFisher Scientific Inc., Danaher Corporation, Siemens Healthineers, Becton, Dickinson and Company, Avantor Inc., Eurofins Scientific Corporation, Beckman Coulter Inc., VWR International LLC, Charles River Laboratories International Inc., Perkinelmer Inc., Wickham Micro Limited, Bruker Corporation, BioMerieux S.A., Biolog Inc., Liofilchem S.r.l, BioMérieux SA , Shimadzu Corporation, Scenker Biological Technology Co. Ltd
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/microbial-identification-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the microbial identification market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microbial identification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Microbial Identification Market Report Structure
3. Microbial Identification Market Trends And Strategies
4. Microbial Identification Market - Macro Economic Scenario
5. Microbial Identification Market Size And Growth
…..
27. Microbial Identification Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
