Global Microbiology Testing Market By Product (Instruments, Reagents), Indication (Respiratory Diseases, Bloodstream Infections, Gastrointestinal Diseases, STDs, UTIs, Periodontal Diseases, Others), Application (Pharmaceutical Applications, Food Testing Applications, Clinical Applications, Energy Applications, Chemical & Material Manufacturing Applications, Environmental Applications), End User (Hospitals & Diagnostic Centers, Custom Lab Service Providers, Academic & Research Institutes), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Microbiology Testing Market
Microbiology testing market is expected to account to USD 6.99 billion by 2027 expanding at a rate of 8.13% in the forecast period of 2020 to 2027. Various innovations and advancements experienced across the major disease diagnostics method and other forms of contamination diagnosis, these innovations and advancing trends are acting as major market drivers for the market expansion.
Microbiology testing is described as the analysis and diagnostic testing of different products by use of biological, chemical, biochemical and/or molecular methods for identifying any contaminants or presence of any microorganisms in the product. This involves extracting a sample out of the product and analysing it under different conditions and through different methods to help reach conclusive evidence.
Increasing volume of epidemics and infectious disease prevalence witness across the developing regions worldwide, this trend is backed by the enhanced funding rate that are caused by the improvements in public-private investment levels.
Lack of favourable scenarios for reimbursement of microbiology testing in laboratories and other areas is acting as a major restraint for the market growth in the forecasted period of 2020 to 2027. This factor along with the high levels of budget cuts and enhanced levels of taxes being levied on the various instruments and products are also restricting the market’s growth.
This microbiology testing market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Microbiology Testing Market Scope and Market Size
Microbiology testing market is segmented on the basis of product, indication, application and end user. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you in understanding and identification of your core applications in the broad market.
On the basis of product, the microbiology testing market has been segmented into instruments and reagents. Instruments have been sub-segmented into laboratory instruments and microbiology analyzers. Laboratory instruments are further segmented into incubators, gram strainers, bacterial colony counters, autoclave sterilizers, microbial air samplers, anaerobic culture systems, petri dish fillers, blood culture systems, microbial culture systems and others. Microbiology analyzers are further segmented into molecular diagnostic instruments, microscopes and mass spectrometers. Reagents are also segmented into pathogen-specific kits and general reagents.
On the basis of indication, the market has been segmented into respiratory diseases, bloodstream infections, gastrointestinal diseases, sexually transmitted diseases (STDs), urinary tract infections (UTIs), periodontal diseases and others.
Based on application, the microbiology testing market has been segmented into pharmaceutical applications, food testing applications, clinical applications, energy applications, chemical & material manufacturing applications and environmental applications.
Microbiology testing market has been segmented on the basis of end user into hospitals & diagnostic centers, custom lab service providers and academic & research institutes.
Microbiology Testing Market Country Level Analysis
Microbiology testing market is analysed and market size information is provided by country, product, indication, application and end user as referenced above.
The countries covered in the 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 in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East & Africa, Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the microbiology testing market with the largest market share although Asia-Pacific will be expected to grow with the highest CAGR in the forecasted period of 2020 to 2027. This growth rate of Asia-Pacific is expected to be caused by the increasing prevalence of infectious diseases and enhanced healthcare expenditure as well as favourable regulatory scenarios to enhance the adoption rate for microbiology testing and other advanced diagnostic methods in the 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 such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Microbiology testing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for microbiology testing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the microbiology testing market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Microbiology Testing Market Share Analysis
Microbiology testing 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, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to microbiology testing market.
The major players covered in the report are bioMérieux SA, Danaher, BD, Abbott Laboratories, F. Hoffmann-La Roche Ltd, Bruker, Hologic, Inc., Bio-Rad Laboratories, Inc., QIAGEN, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Merck KGaA, Shimadzu Corporation, 3M, NEOGEN CORPORATION, The Water Treatment Products Company, VWR International, LLC, Biotrack among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Microbiology Testing Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.