About Microbial Identification
Microbial identification is the process of identifying harmful bacteria and fungi that may contaminate raw materials, manufacturing facilities, and branded products. Microbial identification depends on phenotypic identification using staining, culturing, and simple biochemical tests. It is used to identify microorganisms that are the reason for various diseases. According to the World Health Organization, at least 30 new diseases have emerged in the last 20 years, which now threaten the health of hundreds of millions of people. The increasing prevalence of infectious diseases has risen the need to identify the microorganism causing them. Hence is driving the microbial identification market growth. Check more insightful analysis on "
Microbial Identification Service Market Share & Industry Growth Analysis".
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 6.2% |
The manufacturers in the market continue to focus on innovation and technological advancements in the product and services. Such developments coupled with competitive pricing are likely to assist in increasing market share over the forecast period. The key players are investing heavily in research & development to enhance the product and service quality. Analyst at AMA Research estimates that United States and European Players will contribute the maximum growth to Global Microbial Identification market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Becton, Dickinson and Company (United States), Thermo Fisher Scientific Inc. (United States), Danaher Corporation (United States), bioMérieux S.A. (France), Merck KGaA (Germany), Charles River Laboratories International, Inc. (United States), Bruker Corporation (United States), Shimadzu Corporation (Japan), VWR Corporation (United States), Eurofins Scientific S.E. (Luxembourg), GTCR, LLC. (United States), QIAGEN N.V. (Netherlands), Liofilchem s.r.l. (Italy), IEH Laboratories & Consulting Group (United States) and STERIS plc Group (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are v.
Segmentation Overview
AMA Research has segmented the market of Global Microbial Identification market by Type (Instruments {Automated Microbial Identification Systems,.Mass Spectrometers, PCR, Microarrays, High-power Microscopes, Polystainers, Flow Cytometers, Other}, Consumables {Plates and Media, Reagents and Kits, Other} and Services {Identification Services, Culture Collection Services}), Application (Diagnostic {Human, Animal}, Food Testing, Beverage Testing, Cosmetics and Personal Care Products Testing, Pharmaceutical Applications, Environmental Applications and Other Applications) and Region.
On the basis of geography, the market of Microbial Identification has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End Users, the sub-segment i.e. Hospitals, Diagnostic Laboratories, and Blood Banks will boost the Microbial Identification market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Phenotypic Methods will boost the Microbial Identification market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Microbial Identification, Growing Focus on MALDI-TOF-Based Applications in Identification and Rising incidence of infectious diseases and increasing frequency of pandemics
Market Growth Drivers:
Increasing Food Safety Concerns and Rising Burden of Infectious Diseases
Challenges:
Complex Regulatory Frameworks That Delay the Approval of New Microbial Diagnostic Tests
Restraints:
High Cost of Automated Microbial Identification Systems
Opportunities:
Government Initiatives and A Favorable Regulatory Scenario, Initiatives to Detect and Control Antimicrobial-Resistant Species, The emergence of Bioterrorism Surveillance and Emerging Economies Present Significant Growth Opportunities
Market Leaders and their expansionary development strategies
In January 2023, Biolog, Inc., a leading provider of cell-based microbial identification and phenotypic profiling products, has acquired of MIDI Labs and MIDI, Inc., both headquartered in Newark, Delaware. Biolog and MIDI serve many of the same customers and industries. Over the last two decades, both companies have served the microbial ID community offering complimentary products and services. The acquisition will be funded through an expansion of Biolog’s Series A financing, led by BroadOak Capital and Research Corporation Technologies.
In November 2019, Becton, Dickinson and Company launched its BD Kiestra™ IdentifA system, an automated preparation solution in Europe and Canada. This solution helps in bring accuracy and efficiency to preparing samples for microbial identification.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Microbial Identification Providers, Life Sciences Instrumentation And Reagent Companies, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.