Microbial Identification Market Report: Trends, Forecast and Competitive Analysis to 2030

Microbial Identification Market Report: Trends, Forecast and Competitive Analysis to 2030

Microbial Identification Trends and Forecast

The future of the global microbial identification market looks promising with opportunities in the diagnostic, food & beverage testing, pharmaceutical, cosmetics & personal care product testing markets. The global microbial identification market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are increasing prevalence of infectious diseases, rising food safety concerns, and advancement in technology in microbial identification.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Microbial Identification by Segment

The study includes a forecast for the global microbial identification by products and services, technology, method, application, and region.

Microbial Identification Market by Products and Services [Shipment Analysis by Value from 2018 to 2030]:

• Instruments and Software
• Consumables
• Services

Microbial Identification Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Mass Spectrometry
• PCR
• Flow Cytometry
• Microscopy
• Others

Microbial Identification Market by Method [Shipment Analysis by Value from 2018 to 2030]:

• Phenotypic Methods
• Genotypic Methods
• Proteomics-Based Methods

Microbial Identification Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Diagnostics
• Food & Beverage Testing
• Pharmaceuticals
• Cosmetics & Personal Care Products Testing
• Others

Microbial Identification Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Microbial Identification Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microbial identification companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microbial identification companies profiled in this report include-

• Beckman Coulter
• Biolog
• BioMerieux
• Bruker Corporation
• Charles River Laboratories
• Eurofins Scientific
• Liofilchem S.r.l
• Merck
• Shimadzu Corporation
• Thermo Fisher Scientific

Microbial Identification Market Insights

Lucintel forecasts that instruments and software will witness highest growth over the forecast period due to the increasing awareness towards microbial testing and growing burden of infectious diseases.

Within this market, diagnostics will remain the largest segment due to growing prevalence of acute and chronic infections and food-borne diseases along with outbreak of pandemic.

North America will remain the largest region over the forecast period due to the increasing burden of infectious diseases, rising concerns about food safety, and the presence of key players in the region.

Features of the Global Microbial Identification Market

Market Size Estimates: Microbial identification market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Microbial identification market size by various segments, such as by products and services, technology, method, application, and region in terms of value ($B).

Regional Analysis: Microbial identification market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products and services, technologies, methods, applications, and regions for the microbial identification market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microbial identification market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the microbial identification market size?

Answer: The global microbial identification market is expected to reach an estimated $6.8 billion by 2030.

Q2. What is the growth forecast for microbial identification market?

Answer: The global microbial identification market is expected to grow with a CAGR of 7.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the microbial identification market?

Answer: The major drivers for this market are increasing prevalence of infectious diseases, rising food safety concerns, and advancement in technology in microbial identification.

Q4. What are the major segments for microbial identification market?

Answer: The future of the global microbial identification market looks promising with opportunities in the diagnostic, food & beverage testing, pharmaceutical, cosmetics & personal care product testing markets.

Q5. Who are the key microbial identification market companies?

Answer: Some of the key microbial identification companies are as follows:

• Beckman Coulter
• Biolog
• BioMerieux
• Bruker Corporation
• Charles River Laboratories
• Eurofins Scientific
• Liofilchem S.r.l
• Merck
• Shimadzu Corporation
• Thermo Fisher Scientific

Q6. Which microbial identification market segment will be the largest in future?

Answer: Lucintel forecasts that instruments and software will witness highest growth over the forecast period due to the increasing awareness towards microbial testing and growing burden of infectious diseases.

Q7. In microbial identification market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the increasing burden of infectious diseases, rising concerns about food safety, and the presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the microbial identification market by products and services (instruments and software, consumables, and services), technology (mass spectrometry, PCR, flow cytometry, microscopy, and others), method (phenotypic methods, genotypic methods, and proteomics-based methods), application (diagnostics, food & beverage testing, pharmaceuticals, cosmetics & personal care products testing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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