What's driving the Microbial Identification Market Growth? | Top Key Players are Danaher Corporation, Siemens, bioMérieux, Thermo Fisher Scientific, QIAGEN, Charles River Laboratories, Biolog, Inc.

The microbial identification market size is projected to reach $1.4 billion by 2022. The increasing incidence of infectious diseases, increasing healthcare spending, increasing food safety concerns, and technological advancement in microbial identification are driving the growth of the market.

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Broadly, the microbial identification market by product is segmented into Consumables, Instruments and Software and Services. The consumables segment accounted for largest share in the global market, and it is expected to retain its position by 2022.

Based on the method of microbial identification, the market is segmented into phenotypic and genotypic method. The phenotypic Microbial identification segment accounted for largest share in the microbial identification market, and it is expected to retain its position by 2022.

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Traditional identification techniques require subculture on selective medium, gram staining or biochemical testing and colony isolation, which are time consuming and require intensive effort. The advances in technology have made detection and microbial identification more specific, faster, sensitive and convenient, than traditional assays.

North America dominated the microbial identification market, due to increasing awareness about infectious diseases in the region, increasing healthcare expenditure leading to more research and development activities, and technological advancements with advent of innovative products. Furthermore, increasing food safety concerns and development of healthcare infrastructure is expected to drive the market growth.

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The key companies operating in the microbial identification market are:
1- Danaher Corporation
2- Siemens
3- bioMérieux
4- Thermo Fisher Scientific
5- QIAGEN
6- Charles River Laboratories
7- Biolog, Inc.

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