The technological advancement in the speed and accuracy of microbial identification equipment, as well as an increasing number of diseases caused by harmful microorganisms and stringent food safety regulations, are driving the market growth.
JERSEY CITY, N.J., Nov. 10, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Microbial Identification Market" By Method (Phenotypic Method, Proteomic-based Method, Genotypic Method), By Products And Services (Instrument, Consumable, Service), By Application (Diagnostic Applications, Pharmaceutical Applications, Food Testing, Beverage Testing, Cosmetics and Personal Care Products Testing, Environmental Applications, Other Applications), By End-User (Hospitals, Diagnostic Laboratories, and Blood Banks, Pharmaceutical Companies & CROs, Food Manufacturing Companies, Beverage Manufacturing Companies, Other End Users), By Geographic Scope And Forecast.
As per the deep research carried out by Verified Market Research, the global Microbial Identification Market size was valued at USD 3.2 Billion in 2020 and is projected to reach USD 8.08 Billion by 2028, growing at a CAGR of 12.2% from 2021 to 2028.
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Browse in-depth TOC on "Microbial Identification Market"
202 - Pages
126 - Tables
37 - Figures
Global Microbial Identification Market Overview
Microbial identification is the process of determining the microbial type in the event of disease transmission or infection. The primary goal of microbe evaluation is to develop a medicinal solution or vaccine against the microbe. Microbial identification is a method of precisely and definitively detecting microorganisms such as bacteria, pathogens, and viruses. The microbial identification method is widely used in health care and treatment, such as disease diagnosis, infection treatment, and disease epidemic identification caused by microbial infections.
Shifting preference toward genotypic identification methods is a prominent trend observed in driving the global Microbial Identification Market. This is due to the fact that the genotypic microbial identification method is more accurate and reliable because it is based on nucleic acid analysis. Furthermore, increasing technological advancement is one of the major factors driving the growth of the Microbial Identification Market. When compared to traditional assays, the use of technologically advanced methods has made microbial identification more precise, faster, and accurate. These methods are inexpensive and provide a high throughput time. Furthermore, the high prevalence of infectious diseases, rising disposable incomes, and government initiatives are expected to propel the global Microbial Identification Market forward.
Key Developments
- In 2019, Merck (Germany) collaborated with the FSSAI to develop food safety skills. Under the terms of this collaboration, Merck donated a fully equipped microbiological testing laboratory to the FSSAI to provide instruction on the latest innovations in microbiological testing for food hygiene.
- In 2019, bioMerieux acquired Invisible Sentinel (US) to strengthen its food pathogen testing and deteriorative organism detection performance by broadening its business into new customer groups including such breweries and wineries.
Key Players
The major players in the market are Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Danaher Corporation, Biomérieux S.A., Merck KGaA, Charles River Laboratories International, Inc., Bruker Corporation, Shimadzu Corporation, VWR Corporation, Eurofins Scientific S.E., Biolog, Inc., Wickham Laboratories Ltd.
Verified Market Research has segmented the Global Microbial Identification Market On the basis of Method, Products and Services, Application, End User, and Geography.
- Microbial Identification Market, By Product And Services
- Instrument
- Consumable
- Service
- Microbial Identification Market, By Method
- Phenotypic Method
- Proteomic-based Method
- Genotypic Method
- Microbial Identification Market, By Application
- Diagnostic Applications,
- Pharmaceutical Applications
- Food Testing
- Beverage Testing
- Cosmetics and Personal Care Products Testing
- Environmental Applications
- Other Applications
- Microbial Identification Market, By End-User
- Hospitals, Diagnostic Laboratories, and Blood Banks
- Pharmaceutical Companies & CROs
- Food Manufacturing Companies
- Beverage Manufacturing Companies
- Other End Users
- Microbial Identification Market, By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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