What is Microbial Identification Service Market?
Microbial identification service is the process of identifying harmful bacteria and fungi that may contaminate raw materials, manufacturing facilities, and branded products. Microbial identification depends on phenotypic identification using staining, culturing, and simple biochemical tests. It is used to identify microorganisms that are the reason for various diseases. According to the World Health Organization, at least 30 new diseases have emerged in the last 20 years, which now threaten the health of hundreds of millions of people. The increasing prevalence of infectious diseases has risen the need to identify the microorganism causing them. Hence is driving the microbial identification market growth.
Highlights from Microbial Identification Service Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Becton, Dickinson and Company (United States), Thermo Fisher Scientific Inc. (United States), Danaher Corporation (United States), bioMérieux S.A. (France), Merck KGaA (Germany), Charles River Laboratories International, Inc. (United States), Bruker Corporation (United States), Shimadzu Corporation (Japan), VWR Corporation (United States) and Eurofins Scientific S.E. (Luxembourg) |
The manufacturers in the market continue to focus on innovation and technological advancements in the product and services. Such developments coupled with competitive pricing are likely to assist in increasing market share over the forecast period. The key players are investing heavily in research & development to enhance the product and service quality.
Becton, Dickinson and Company (United States), Thermo Fisher Scientific Inc. (United States), Danaher Corporation (United States), bioMérieux S.A. (France), Merck KGaA (Germany), Charles River Laboratories International, Inc. (United States), Bruker Corporation (United States), Shimadzu Corporation (Japan), VWR Corporation (United States) and Eurofins Scientific S.E. (Luxembourg) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are GTCR, LLC. (United States), QIAGEN N.V. (Netherlands), Liofilchem s.r.l. (Italy), IEH Laboratories & Consulting Group (United States) and STERIS plc Group (United Kingdom). Microbial Identification Service Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Diagnostic {Human, Animal}, Food Testing, Beverage Testing, Cosmetics and Personal Care Products Testing, Pharmaceutical Applications, Environmental Applications and Other Applications |
Type | Instruments {Automated Microbial Identification Systems,.Mass Spectrometers, PCR, Microarrays, High-power Microscopes, Polystainers, Flow Cytometers, Other}, Consumables {Plates and Media, Reagents and Kits, Other} and Services {Identification Services, Culture Collection Services} |
Method | Phenotypic Methods,Genotypic Methods,Proteomics-based Methods |
End User | Hospitals, Diagnostic Laboratories, and Blood Banks,Food Manufacturing Companies,Beverage Manufacturers,Pharmaceutical Companies and CROs,Other |
On the basis of geography, the market of Microbial Identification Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Microbial Identification and Growing Focus on MALDI-TOF-Based Applications in Identification
Market Growth Drivers:
Increasing Food Safety Concerns and Rising Burden of Infectious Diseases
Challenges:
Complex Regulatory Frameworks That Delay the Approval of New Microbial Diagnostic Tests
Restraints:
High Cost of Automated Microbial Identification Systems
Opportunities:
Government Initiatives and A Favorable Regulatory Scenario, Initiatives to Detect and Control Antimicrobial-Resistant Species and Emergence of Bioterrorism Surveillance
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Microbial Identification Providers, Life Sciences Instrumentation And Reagent Companies, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
In November 2019, Becton, Dickinson and Company launched its BD Kiestra IdentifA system, an automated preparation solution in Europe and Canada. This solution helps in bring accuracy and efficiency to preparing samples for microbial identification.