A new Report by Delvens, titled "Microbiology Analysis Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Microbiology Analysis Market size was estimated at USD 5.45 billion in 2023 and is projected to reach USD 10.07 billion in 2030 at a CAGR of 9.15% during the forecast period 2024-2030.
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The microbiology analysis market is a dynamic and expanding sector crucial for examining and characterizing various microorganisms like bacteria, viruses, fungi, and parasites. It plays a pivotal role across diverse industries such as healthcare, pharmaceuticals, food and beverage, and environmental monitoring.
The outbreak of COVID-19 in 2020 significantly boosted market revenues, driven by the urgent need for widespread and accurate testing. The pandemic accelerated advancements in microbiology testing technologies, leading to the development of more efficient, sensitive, and rapid testing methods like PCR-based tests, point-of-care tests, and high-throughput platforms.
Regional Analysis
North America to Dominate the Market
North America holds a significant position in the microbiology testing market, driven by its robust healthcare infrastructure and stringent regulatory standards. These factors contribute to strong demand in clinical settings and pharmaceutical research. Additionally, industries in North America prioritize food safety and environmental monitoring, fostering the need for microbial analysis.
Competitive Landscape
- Bio-Rad Laboratories Inc.
- Becton Dickinson and Company
- Hoffmann-La Roche Ltd
- Bruker Corporation
- Hologic Corporation
- Danaher Corporation (Cepheid Inc.)
- Biomerieux SA
- Thermo Fisher Scientific Inc.
- Agilent Technologies Inc.
- Merck KGaA
- Shimadzu Corporation
- NEOGEN Corporation
- Beckman Coulter and More
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Recent Developments:
In November 2022, IDEXX made a strategic acquisition of Tecta-PDS, a leading Canadian company renowned for its automation-driven water microbiology testing solutions. This move bolstered IDEXX's product portfolio in the field of water testing, expanding their capabilities in both laboratory-based and on-site testing.
In November 2022, Archer Daniels Midland (ADM) launched a major initiative with the inauguration of a new microbiology laboratory at its ADM Specialty Manufacturing facility in Decatur, Illinois. This expansion project significantly doubled the laboratory space dedicated to microbiology, thereby enhancing ADM's testing capabilities considerably.
The Microbiology Analysis Market is segmented into various segments such as Test Type, Product, Indication, Application, End User, and Region:
Based on Test Type
- Bacterial
- Viral
- Fungal
Based on the Product
- Instruments
- Reagents
Based on the Indication
- Respiratory Diseases
- Bloodstream Infections
- Gastrointestinal Diseases
- Sexually Transmitted Diseases
- Urinary Tract Infection
- Periodontal Diseases
- Others
Based on Application
- Pharmaceutical Applications
- Food Testing Applications
- Clinical Applications
- Energy Applications
- Chemical and Material Manufacturing Applications
- Environmental Applications
- Others
Based on End User
- Hospitals and Diagnostic Centres
- Custom Lab Service Providers
- Academic and Research Institutes
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In addition to the market data for the Microbiology Analysis Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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