Microbial Identification Market Projected to Reach US$ 3.00 Billion by 2022 | Top Technologies, Overview, Key Insights and Company Profiles

The Global Microbial Identification Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Microbial Identification Market is expected to reach USD 3.00 Billion by 2022 from USD 2.18 Billion in 2017, at a CAGR of 6.6%. This report spread across 227 Pages, Profiling 12 Companies and Supported with 184 Tables and 38 Figures is now available in this research.

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“Consumables segment expected to grow at the fastest rate during the forecast period”
The consumables used for microbial identification are anticipated to grow at the highest CAGR during the forecast. The need of consumables in large numbers as compared to instruments is the primary factor responsible for this positive market growth.

“The diagnostic applications segment is anticipated to grow at the fastest growth rate during the forecast period”
The microbial identification market by application, is categorized into diagnostic applications (human disease diagnosis and animal disease diagnosis), food testing, beverage testing, cosmetics and personal care products testing, pharmaceutical applications, environmental applications, and other applications. The diagnostic applications segment is estimated to grow at the fastest rate during the forecast period. Increasing use of microbial identification for the diagnosis of infectious diseases in humans and animals is the key factor driving the growth of this market.

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“The proteomics-based methods segment is estimated to grow at a rapid rate during the analysis period”
By method, the microbial identification market is segmented into phenotypic, genotypic, and proteomics-based methods. The proteomics-based methods segment is the fastest growing segment of the global microbial identification market on the basis of method. The rising demand for proteomics-based methods on account of greater levels of sensitivity, accuracy, and specificity is driving the demand for this segment.

“Asia is estimated to grow at the highest CAGR during the study period”
Geographically, the microbial identification market is dominated by North America, followed by Europe in 2017. Asia is estimated to grow at the fastest rate which can be attributed to developing healthcare infrastructure, rising burden of infectious diseases, and increasing initiatives to promote the use of novel technologies for microbial identification.

Breakdown of primary participants’ profile:
• By Company Type - Tier 1 – 70% and Tier 2 – 30%
• By Designation – C level – 62%, Director level – 21%, Others – 17%
• By Region – North America –50%, Europe – 20%, Asia– 30%

Most Popular Companies profiled in the microbial identification market include Becton, Dickinson and Company (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), bioMérieux S.A. (France), Merck KGaA (Germany), Charles River Laboratories International, Inc. (US), Bruker Corporation (US), Shimadzu Corporation (Japan), VWR Corporation (US), Eurofins Scientific S.E. (Luxembourg), GTCR, LLC. (US), QIAGEN N.V. (Netherlands), Liofilchem s.r.l. (Italy), IEH Laboratories & Consulting Group (US), Alcami Corporation (US), Biolog, Inc. (US), Abellon CleanEnergy Limited (India), Alpha Analytical, Inc. (US), NeoGenomics, Inc. (US), Trivitron Healthcare (India), Molzym GmbH & Co. KG (Germany), Dynatec Labs (US), Altogen Labs (US), STERIS plc (UK), and Wickham Laboratories Ltd. (UK).

Reason to access this report:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the microbial identification market

• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the microbial identification market

• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the microbial identification market

• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various microbial identification products and services across geographies

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the microbial identification market

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