Microbiology testing is an essential requirement across various industries where products and human health are being negatively affected by the presence of micro-organisms such as bacteria, specific pathogens, yeast and others. The market is valued at $3.42 billion in 2017 and is expected to reach $5.03 billion by the end of 2024, with CAGR of 6.54%. The market is driven by the factors such as increased funding and public-private investments, technological advancements in disease diagnostics and rising incidence of infectious diseases and growing outbreaks of epidemics. Whereas the factors such as unfavourable regulatory scenario, limited reimbursement policies for microbiology testing procedures, operational barriers related to using of diagnostic tests and sales of microbiology related products are impending the market growth. Improving healthcare infrastructure across the emerging economies and increasing funding for research are profiting the market by providing the opportunities across the globe.
Research Study Objectives:
- Define, estimate, and forecast the Microbiology Testing market statistics by product, disease area, application, end-user and regions concerning the individual growth drivers, market trends and their contribution toward the Microbiology Testing market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Microbiology Testing Market Analysis
- Analysis and conclusions on the future Microbiology Testing market outlook.
Top-down and bottom-up approaches are used to validate the Microbiology Testing Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases
including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Microbiology Testing Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Microbiology Testing market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Microbiology Testing market segmentation is as follows:
By Product
- Instruments
- Laboratory Instruments
- Incubator
- Petri Dish Fillers
- Microbial Air Samplers
- Autoclave Sterilizers
- Bacterial Colony Counters
- Anaerobic Culture Systems
- Gram Stainers
- Blood Culture Systems
- Microbial Culture Systems
- Others
- Microbiology Analyzers
- Mass Spectrometers
Microscopes
Molecular Diagnostic Instruments
- Reagents
- Pathogen-Specific Kits
- General Reagents
By Disease Area
- Respiratory Diseases
- Bloodstream Infections
- Gastrointestinal Diseases
- Sexually Transmitted Diseases
- Urinary Tract Infections
- Periodontal Diseases
- Others
By Application
- Pharmaceutical Applications
- Clinical Applications
- Food Testing Applications
- Cosmetic Applications
- Environmental Applications
- Others
By End-user
- Hospitals & Diagnostic Centers
- Custom Lab Service Providers
- Academic & Research Institutes
Geographical Analysis:
Microbiology Testing Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by
countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Microbiology Testing Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Microbiology Testing Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Microbiology Testing market players, such as
- Biomérieux SA
- Danaher Corporation
- Becton, Dickinson and Company
- Abbott Laboratories
- Roche Diagnostics
- Along with these companies, many other companies are considered in the report while analysing the Global Microbiology Testing competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
