Global Microbial Identification Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

Industry : Healthcare Date : April 30th, 2018
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The global microbial identification market is expected to increase from USD 1,066.5 million in 2016, to USD 1,562.6 million in 2023, at a CAGR of 5.6% from 2017 to 2023. The growth in microbial identification market is attributed to the rising cases of infectious diseases across the globe, technological advancements in microbial identification, and growing concerns related to the safety and quality of food. The years used for the assessment are as follows;

  • Historical year   : 2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total microbial identification market and its various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global microbial identification market.
  • Finalizing the overall size and share for the global microbial identification market.

OBJECTIVES: 

  • To classify global microbial identification market into segments on the basis of products, method, application, end-user and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the microbial identification market.
  •  Profiling key companies operating in the global microbial identification market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for microbial identification market is as follows:

By Product

  • Instruments
  • Consumables
  • Services

By Method

  • Phenotypic
  • Genotypic

By Application

  • Diagnostic Applications
  • Food And Beverage Testing
  • Pharmaceutical Applications
  • Environmental Applications
  • Others 

By End-User

  • Hospitals and Blood Banks
  • Food and Beverage Manufacturing Companies
  • Pharmaceutical Companies and Research Laboratories
  • Environmental Research Agencies
  • Others

 By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa(MEA)

The global microbial identification market is expected to increase from USD 1,066.5 million in 2016, to USD 1,562.6 million in 2023, at a CAGR of 5.6% from 2017 to 2023. The growth is attributed to the rising cases of infectious diseases across the globe, technological advancements in microbial identification, and growing concerns related to the safety and quality of food. However, stringent regulatory norms related with microbial identification may hinder the market growth to some extent during the forecast period.

The consumables product segment holds the major share of the global microbial identification market in 2016, and is expected to hold its dominance during 2017-2023. The phenotypic identification method segment held the major market in 2016. However, the genotypic identification method segment is expected to show higher CAGR during the forecast period, as it is more reliable,   accurate, and provides rapid detection and identification of microbes. On the basis of application, the pharmaceutical segment is expected to show fastest CAGR during 2017-2023.

Geographically, North America holds the largest share of the global microbial identification market and is projected to continue its dominance over the forecast period. The factors driving growth are increasing number of research and development activities coupled with technological advancements in microbial identification in the region.  Asia-Pacific is projected to achieve high growth rate during the forecast period in the global microbial identification market, owing to increased healthcare spending and high prevalence of infectious diseases in the region.

Some of the key companies operating in the microbial identification market include Thermo Fisher Scientific Inc., Biomérieux S.A., Wickham Laboratories Ltd, Inc., Danaher Corporation, Biolog Inc., Bruker Corporation, Becton, Dickinson and Company, Qiagen N.V., Midi Inc., Charles River Laboratories Inc., among others.

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Products

1.2.2. Market Breakdown, By Method

1.2.3. Market Breakdown, By Application

1.2.4. Market Breakdown, By End User

1.2.5. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

            2.2.2.1. Potential in developing countries due to rising healthcare expenditure

2.2.3. Trends

2.2.4. Growing preference for genotypic over phenotypic identification

2.2.5. Growth Drivers

    2.2.5.1. Rising cases of infectious diseases across the globe

    2.2.5.2. Technological advancements in microbial identification

    2.2.5.3. Growing concerns regarding the safety and quality of food

         2.2.6. Impact Analysis of Drivers on Future Forecast of the Market

         2.2.7. Restraints of the Market

                    2.2.7.1. Stringent regulatory norms

         2.2.8. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regional Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. Global Microbial Identification Market Size and Forecast (2013 – 2023)

4.1. Global Microbial identification Market, By Products

4.1.1. Instruments

          4.1.1.1. Mass spectrometer

                  4.1.1.2. PCR

                  4.1.1.3. Automated Microbial Identification Systems

  4.1.1.4. High Powered Microscopes

  4.1.1.5. Microarrays

  4.1.1.6. Flow Cytometers

  4.1.1.7. Polystainers

  4.1.1.8. Others

        4.1.2. Consumables

   4.1.2.1. Plates and Media

   4.1.2.2. Reagents and Kits

        4.1.3. Services

   4.1.3.1. Microbial Identification Services

   4.1.3.2. Microbial Culture Collection Services

4.2. Global Microbial identification Market, By Method

4.2.1. Phenotypic

4.2.2. Genotypic

4.3. Global Microbial identification Market, By Application

4.3.1. Diagnostic Applications

4.3.2. Food And Beverage Testing

4.3.3. Pharmaceutical Applications

4.3.4. Environmental Applications

4.3.5. Others

4.4. Global Microbial identification Market, By End-User

4.4.1. Hospitals and Blood Banks

4.4.2. Food and Beverage Manufacturing Companies

4.4.3. Pharmaceutical Companies and Research Laboratories

4.4.4. Environmental Research Agencies

4.4.5. Others

4.5. Global Microbial identification Market, By Region

4.5.1. North America

4.5.2. Europe

4.5.3. Asia-Pacific

4.5.4. South America

4.5.5. Middle East & Africa(MEA)

CHAPTER 5. Global Microbial identification Market, By Geography

5.1. North America Microbial identification Market

5.1.1. North America Microbial identification Market, By Products

5.1.2. North America Microbial identification Market, By Method

5.1.3. North America Microbial identification Market, By Application

5.1.4. North America Microbial identification Market, By End-User

5.1.5. North America Microbial identification Market, By Country

   5.1.5.1. The U.S.

   5.1.5.2. Canada

   5.1.5.3. Rest of North America

5.2. Europe Microbial identification Market

5.2.1. Europe Microbial identification Market, By Products

5.2.2. Europe Microbial identification Market, By Method

5.2.3. Europe Microbial identification Market, By Application

5.2.4. Europe Microbial identification Market, By End-User

5.2.5. Europe Microbial identification Market, By Country

    5.2.5.1. Germany

    5.2.5.2. France

    5.2.5.3. The U.K.

    5.2.5.4. Italy

    5.2.5.5. Spain

    5.2.5.6. Russia

    5.2.5.7. Rest of Europe

5.3. Asia-Pacific Microbial identification Market

5.3.1. Asia-Pacific Microbial identification Market, By Products

5.3.2. Asia-Pacific Microbial identification Market, By Method

5.3.3. Asia-Pacific Microbial identification Market, By Application

5.3.4. Asia-Pacific Microbial identification Market, By End-User

5.3.3. Asia-Pacific Microbial identification Market, By Country

   5.3.4.1. China

   5.3.4.2. Japan

   5.3.4.3. India

   5.3.4.4. Australia

   5.3.4.5. Rest of Asia-Pacific

5.4. South America Microbial identification Market

5.4.1. South America Microbial identification Market, By Products

5.4.2. South America Microbial identification Market, By Method

5.4.3. South America Microbial identification Market, By Application

5.4.4. South America Microbial identification Market, By End-User

5.4.5. South America Microbial identification Market, By Country

    5.4.5.1. Brazil

    5.4.5.2. Mexico

    5.4.5.3. Rest of South America

5.5. Middle East & Africa (MEA) Microbial identification Market

5.5.1. Middle East & Africa (MEA) Microbial identification Market, By Products

5.5.2. Middle East & Africa (MEA) Microbial identification Market, By Method

5.5.3. Middle East & Africa (MEA) Microbial identification Market, By Application

5.5.4. Middle East & Africa (MEA) Microbial identification Market, By End-User

5.5.5. Middle East & Africa (MEA) Microbial identification Market, By Country

   5.5.5.1. South Africa

   5.5.5.2. Rest of South Africa

CHAPTER 6. COMPETITIVE ANALYSIS

6.1. Porters Five Forces Analysis

6.1.1. Bargaining Power of Buyers

6.1.2. Bargaining Power of Suppliers

6.1.3. Threat of New Entrants

6.1.4. Intensity of Rivalry

6.1.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Thermo Fisher Scientific Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Biomérieux S.A.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Danaher Corporation

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Wickham Laboratories Ltd

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Bruker Corporation

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Biolog Inc.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Becton, Dickinson and Company

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Qiagen N.V.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Midi Inc.

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Charles River Laboratories Inc.

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

CHAPTER 8. RESEARCH APPROACH

8.1. Initial Data Search

8.2. Secondary Research

8.3. Primary Research

8.4. Scope and Assumptions

Global Microbial Identification Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023