Microbiology Cell Culture Market in Saudi Arabia - Top Key Players are Bio-Rad Laboratories, Thermo Fisher Scientific, bioM�rieux, Scharlab,S.L., Hardy Diagnostics

The Saudi microbiology cell culture market is observing a trend of automation in microbiology that helps in meeting the increasing necessity for higher test volumes and faster turnaround in laboratories.

Key Players are Operating Microbiology Cell Culture Market in Saudi Arabia:
1- Bio-Rad Laboratories
2- Thermo Fisher Scientific
3- bioM�rieux
4- Scharlab,S.L.
5- Hardy Diagnostics

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Growing incidents of infectious diseases, technological advancements, regulatory approvals, and increasing healthcare expenditures are some of the factors driving the growth of the Saudi Arabian microbiology cell culture market. In 2017, the market generated a revenue of $29.8 million, and it is predicted to witness a 4.5% CAGR during the forecast period (2018-2023).

Microbial cell culture is the process of multiplying or growing microorganisms in a pre-decided culture medium with the use of a combination of products.

Based on the type of cell culture storage equipment, the Saudi Arabian microbiology cell culture market is bifurcated into refrigerators and freezers, and cryostorage systems. Of these, during the forecast period, the former are expected to lead the market in terms of revenue, but the cryostorage systems bifurcation is predicted to witness the higher CAGR of more than 5.0%.

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Further, many players operating in the market are launching products with technically upgraded features that generate high product yield and keep a scalability and speed balance, resulting in improved application in the testing and screening workflow. In addition, with regulatory bodies' increasing number of approvals, the market is anticipated to progress further.

For instance, in 2015, Saudi Prepared Media Laboratory Limited Company declared that it had obtained the Medical Device Marketing Authorization approval from the Saudi Food and Drug Authority for its range of pre-prepared culture media.

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