Global Microbial Identification Market, By Product and Service (Instruments, Consumables, Services), Type (Fully Automatic Type, Semi-Automatic Type), Method (Phenotypic Methods, Genotypic Methods, Proteomic Based Methods), Technology (Mass Spectrometry, PCR), Application (Diagnostic Applications, Food Testing, Pharmaceutical Applications, Cosmetics and Personal Care Products Testing, Environmental Applications, Others), End Users (Hospitals, Diagnostic Laboratories, and Blood Banks, Beverage Manufacturing Companies, Pharmaceutical Companies, Others) – Industry Trends and Forecast to 2030.
Microbial Identification Market Analysis and Size
The increasing occurrences of infectious diseases have recently demanded high microbial identification. Additionally, increasing food safety concerns in packed and non-packed food contribute to market growth. It is also witnessed that the instrument segment is anticipated to witness huge growth in the market during the forecast period due to factors such as the growing burden of infectious diseases and increasing awareness associated with microbial testing.
Data Bridge Market Research analyses that the microbial identification market, which was USD 4.06 billion in 2022, would rise to USD 10.58 billion by 2030 and is expected to undergo a CAGR of 12.7% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Microbial Identification Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product and Service (Instruments, Consumables, Services), Type (Fully Automatic Type, Semi-Automatic Type), Method (Phenotypic Methods, Genotypic Methods, Proteomic Based Methods), Technology (Mass Spectrometry, PCR), Application (Diagnostic Applications, Food Testing, Pharmaceutical Applications, Cosmetics and Personal Care Products Testing, Environmental Applications, Others), End Users (Hospitals, Diagnostic Laboratories and Blood Banks, Beverage Manufacturing Companies, Pharmaceutical Companies, Others)
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Countries Covered
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U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Shimadzu Corporation (Japan), BIOLOG (U.K.), Wickham Micro Limited (U.K.), Merck KGaA (Germany), Danaher (U.S.), MicroPort Scientific Corporation (China)., QXMédical (U.S.), Meril Life Sciences Pvt. Ltd (India)., Abbott (U.S.), bioMérieux (France), Bio-Rad Laboratories, Inc (U.S.), Thermo Fisher Scientific Inc (U.S.), BD (U.S.)., Eurofins Scientific (France)
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Market Opportunities
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Market Definition
Microbial identification is a type of technique that is widely utilized to get a characterization of microbes and also to identify their relationship with the environment. It is also necessary as microbes can contaminate products, production facilities, and raw materials easily. It has outpaced the traditional culture-based methods, which had problems such as slowness and increased risk of error.
Global Microbial Identification Market Dynamics
Drivers
- Increasing Cases of Infectious Diseases
With the growing incidence of infectious diseases, there is a higher need to detect the microorganism causing them. As per the reports of WHO data published in July 2022, two fatal cases of Marburg virus disease (MVD) were observed in the Ashanti region, Ghana, and later tested positive for Marburg virus. Additionally, per the global tuberculosis report 2022, the projected number of people affected with TB was 10.6 million globally in 2021. This increasing prevalence demands a high rate of microbial identification. Thus, this factor boosts market growth.
- Increasing Product Launches by Market Players
The increasing company activities in developing microbial testing products are anticipated to boost market growth over the forecast period. For instance, Bruker Corporation launched new products and methods for the MALDI Biotyper (MBT) platform, MALDI Biotyper Sirius, in 2021. It supports rapid, universal, cost-effective microbial identification workflows by 'proteomic fingerprinting' from different culture plates and positive blood cultures. This is anticipated to impact the market growth positively.
Opportunities
- Increasing Awareness About Food Safety Practices
Rising concerns about food safety are estimated to boost market growth since the government and local agencies use microbial identification to detect microbes in food. For instance, according to an article published in 2022 in PubMed, at the federal, state, and municipal levels, different organizations are involved in developing, implementing, and enforcing food safety policies in the U.S. Therefore, this factor boosts the market growth.
- Growing Technological Advancements by Companies
Several technological advancements in the microbial identification instrument segment are expected to increase market growth over the forecast period. For instance, according to an article published in 2021, it would be necessary to have automated methods in the instruments to decrease the preparatory work needed, high-capacity analyses, and the wide ability to process a huge number of strains concurrently for microbial identification. Thus, this factor boosts market growth.
Restraints/Challenges
- High Cost and Long Time of Microbial Process
As a result of the highly technical nature of their duties, the increasing costs of microbiological examinations, and the subsequent higher need for long training times for microbial laboratory technicians, it leads to market hindrance. Thus, these factors hamper the market growth.
This microbial identification market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the microbial identification market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2022, Bruker Corporation advanced its new multiplex PCR infectious disease assays based on its LiquidArray technology. The company also extended its mycobacteria portfolio with the FluoroType Mycobacteria PCR assay. It launched the high-precision FluoroCycler XT thermocycler, which utilizes powerful LiquidArray technology to distinguish between 31 clinically relevant non-tuberculous mycobacteria and the M. tuberculosis complex from cultures in a single test.
Global Microbial Identification Market Scope
The microbial identification market is segmented based on product and service, type, method, technology, application, and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product and Service
- Instruments
- Consumables
- Plates And Media
- Reagents And Kits
- Other
- Services
- Identification Services
- Culture Collection Services
Type
- Fully Automatic Type
- Semi-Automatic Type
Method
- Phenotypic Methods
- Genotypic Method
- Proteomic Based Methods
Technology
- Mass Spectrometry
- PCR
Application
- Diagnostic Applications
- Food Testing
- Pharmaceutical Applications
- Cosmetics and Personal Care Products Testing
- Environmental Applications
- Others
End User
- Hospitals
- Diagnostic Laboratories and Blood Banks
- Beverage Manufacturing Companies
- Pharmaceutical Companies
- Others
Microbial Identification Market Regional Analysis/Insights
The microbial identification market is analyzed and market size insights and trends are provided by product and service, type, method, technology, application, and end users as referenced above.
The countries covered in the microbial identification market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the microbial identification market due to advanced healthcare infrastructure and continuously increasing investment in healthcare. Furthermore, increasing concerns about food safety are expected to drive market growth in North America leads to the market growth.
Asia-Pacific is expected to witness significant growth due to the increasing focus of major players in emerging Asian countries. Also, high government support is driving market growth in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The microbial identification market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for microbial identification market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the microbial identification market. The data is available for historic period 2011-2021.
Competitive Landscape and Microbial Identification Market Share Analysis
The microbial identification market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to microbial identification market.
Some of the major players operating in the microbial identification market are:
- Shimadzu Corporation (Japan)
- BIOLOG (U.K.)
- Wickham Micro Limited (U.K.)
- Merck KGaA (Germany)
- Danaher (U.S.)
- MicroPort Scientific Corporation (China).
- QXMédical (U.S.), Meril Life Sciences Pvt. Ltd (India)
- Abbott (U.S.)
- bioMérieux (France)
- Bio-Rad Laboratories, Inc (U.S.)
- Thermo Fisher Scientific Inc (U.S.)
- BD (U.S.)
- Eurofins Scientific (France)
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