Microbial Identification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Microbial Identification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6176
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Market Overview:

The global microbial identification market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.48% during 2023-2028.

Microbial identification refers to the process of identifying pathogens in mixed microbial communities by examining their behavior. It includes comparing a known and an unknown organism and eventually providing names to the analyzed species. It relies on various techniques, such as deoxyribonucleic acid (DNA) sequencing, riboprinter analysis, repeat-based polymerase chain reaction, and rapid pathogen confirmation. It delivers immediate and reliable results that help diagnose infectious diseases and the timely adoption of required medications and therapies. Besides this, it allows the detection of specific proteins, biochemical activities of the target cells, and gene sequences of microorganisms. As a result, microbial identification finds extensive applications in microbiological quality control at production facilities, academic research centers, and food processing units worldwide.

Global Microbial Identification Market

Microbial Identification Market Trends:

The rising prevalence of infectious diseases caused by microorganisms is increasing the need for microbial identification tests across the globe. The classification of microorganisms and microbes plays a vital role in disease analysis and providing appropriate treatment. In addition, the study of bacteria, parasites, fungi, and microbes is encouraging investors in the pharmaceutical industry to finance innovation in drug development. This represents another factor positively influencing the market. Apart from this, the increasing food safety concerns around the world are driving the need for microbial identification techniques to identify food spoilage contaminants. These techniques help retain the authenticity and flavor of processed food products and increase their shelf life. Furthermore, continuous advancements in the field of microbiology and microbial identification equipment are creating a positive market outlook. Moreover, various initiatives undertaken by governments of various countries to prevent the spread of infectious diseases, coupled with the increasing expenditure on the healthcare industry, are anticipated to propel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global microbial identification market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on products and services, technology, method and application.

Breakup by Products and Services:

  • Instruments and Software
  • Consumables
    • Panels/ID Cards and Media
    • Kits
    • Others
  • Services
     

Breakup by Technology:

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

Breakup by Method:

  • Phenotypic Methods
  • Genotypic Methods
  • Proteomics-Based Methods
     

Breakup by Application:

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

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Beckman Coulter Inc. (Danaher Corporation), Biolog Inc., BioMerieux SA, Bruker Corporation, Charles River Laboratories International Inc., Eurofins Scientific SE, Liofilchem S.r.l, Merck KGaA, Shimadzu Corporation, Thermo Fisher Scientific Inc., VWR International LLC. (Avantor Inc.) and Wickham Micro Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Products and Services, Technology, Method, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Beckman Coulter Inc. (Danaher Corporation), Biolog Inc., BioMerieux SA, Bruker Corporation, Charles River Laboratories International Inc., Eurofins Scientific SE, Liofilchem S.r.l, Merck KGaA, Shimadzu Corporation, Thermo Fisher Scientific Inc., VWR International LLC. (Avantor Inc.) and Wickham Micro Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global microbial identification market was valued at US$ 4.1 Billion in 2022.

We expect the global microbial identification market to exhibit a CAGR of 11.48% during 2023-2028.

The rising consumer concerns towards food safety, along with the growing need for microbial identification techniques to retain the authenticity and flavor of processed food products and increase their shelf life, are primarily driving the global microbial identification market.

The sudden outbreak of the COVID-19 pandemic has led to the widespread adoption of microbial identification process to deliver immediate and reliable results that help in combating the risk of the coronavirus infection.

Based on the technology, the global microbial identification market has been segregated into mass spectrometry, PCR, flow cytometry, microscopy, and others. Among these, mass spectrometry currently holds the majority of the total market share.

Based on the method, the global microbial identification market can be bifurcated into phenotypic methods, genotypic methods, and proteomics-based methods. Currently, phenotypic methods exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global microbial identification market include Beckman Coulter Inc. (Danaher Corporation), Biolog Inc., BioMerieux SA, Bruker Corporation, Charles River Laboratories International Inc., Eurofins Scientific SE, Liofilchem S.r.l, Merck KGaA, Shimadzu Corporation, Thermo Fisher Scientific Inc., VWR International LLC. (Avantor Inc.), and Wickham Micro Limited.

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Microbial Identification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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