The microbial identification market size has grown rapidly in recent years. It will grow from $4.82 billion in 2023 to $5.57 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The historical growth can be attributed to several factors, including government initiatives and funding aimed at promoting microbial identification, increasing FDA approvals, and growing health awareness among the population.
The microbial identification market size is expected to see rapid growth in the next few years. It will grow to $9.92 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The anticipated growth in the forecast period can be attributed to growing concerns about food safety, the rising incidence of infectious diseases, and an increasing frequency of pandemics. Major trends expected in the forecast period encompass technological advancements in microbial identification methods, continuous advancements in automation, molecular diagnostics, genomics, and the formation of strategic partnerships within the industry.
The increasing incidence of infectious diseases is poised to drive the growth of the microbial identification market in the foreseeable future. Infectious diseases are caused by various pathogenic microorganisms such as bacteria, viruses, fungi, parasites, or prions. Factors contributing to the occurrence of infectious diseases include climate change, environmental disruption, antimicrobial resistance, weakened immune systems, and ecological disturbances. Microbial identification plays a crucial role in accurately diagnosing infectious diseases, enabling targeted treatment, disease surveillance, outbreak control, and antimicrobial stewardship. For example, as reported by gov.uk, in England, there were 3,805 new HIV diagnoses in 2022, representing a 22% increase from the 3,118 cases reported in 2021 and a 26% rise from the 3,026 cases reported in 2020. Therefore, the rising prevalence of infectious diseases is fueling the demand for microbial identification solutions.
Key players in the microbial identification market are focusing on developing mass spectrum technology to improve the accuracy and speed of microorganism identification, which is essential for various applications such as clinical diagnostics, environmental monitoring, and food safety. Mass spectrum technology enables rapid and reliable identification of microorganisms down to the species level within minutes, offering a cost-effective and efficient alternative to traditional biochemical assays and sequencing methods. For instance, in January 2021, Bruker, a US-based manufacturer of microbial identification solutions, introduced an MS-based rapid microbial identification kit designed to meet the latest industry requirements. This kit represents a significant advancement in microbial identification, leveraging MALDI-TOF MS technology, which has become the standard in clinical microbiology laboratories. It provides faster, more efficient, and cost-effective analysis compared to conventional biochemical assays or sequencing methods.
In January 2021, Bruker, a US-based technology company, completed the acquisition of MERLIN Inc. for an undisclosed amount. The acquisition aimed to capitalize on MERLIN's expertise in antibiotic resistance and susceptibility testing (AST) to enhance Bruker's offerings in this area, aligning with Bruker's commitment to delivering high-value scientific instruments and innovative solutions. MERLIN, based in the UK, is known for manufacturing various products for microbial identification.
Major companies operating in the microbial identification market are Merck & Co. Inc., Sanofi S A, ThermoFisher Scientific Inc., Danaher Corporation, Siemens Healthineers, Becton, Dickinson and Company, Avantor Inc., Eurofins Scientific Corporation, Beckman Coulter Inc., VWR International LLC, Charles River Laboratories International Inc., Perkinelmer Inc., Wickham Micro Limited, Bruker Corporation, BioMerieux S.A., Biolog Inc., Liofilchem S.r.l, BioMérieux SA, Shimadzu Corporation, Scenker Biological Technology Co. Ltd.
North America was the largest region in the microbial identification market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microbial identification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the microbial identification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Microbial identification involves determining and categorizing microorganisms such as bacteria, fungi, viruses, and protozoa based on their phenotypic and genotypic traits. The integration of these methods enables accurate, rapid, and comprehensive identification, critical for diagnosing, treating, and monitoring infections.
The primary product types and services for microbial identification include instruments, consumables, and services. Microbial identification instruments are devices used to detect, classify, and identify microorganisms across various applications such as diagnostic, environmental, food and beverage testing, and pharmaceutical sectors. Methods employed encompass phenotypic, proteotypic, and genotypic approaches. These solutions are utilized by diverse end users including the pharmaceutical and biotechnology industry, food and beverage industry, water and environmental industry, independent research laboratories, diagnostic laboratories, hospitals, and others.
The microbial identification market research report is one of a series of new reports that provides microbial identification market statistics, including microbial identification industry global market size, regional shares, competitors with a microbial identification market share, detailed microbial identification market segments, market trends and opportunities, and any further data you may need to thrive in the microbial identification industry. This microbial identification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The microbial identification market consists of revenues earned by entities by providing services such as custom and specialized testing, clinical diagnostics, and microbial source tracking. Only goods and services traded between entities or sold to end consumers are included. The microbial identification market also consists of sales of microarray systems, genomic instruments, and culture testing instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The microbial identification market size is expected to see rapid growth in the next few years. It will grow to $9.92 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The anticipated growth in the forecast period can be attributed to growing concerns about food safety, the rising incidence of infectious diseases, and an increasing frequency of pandemics. Major trends expected in the forecast period encompass technological advancements in microbial identification methods, continuous advancements in automation, molecular diagnostics, genomics, and the formation of strategic partnerships within the industry.
The increasing incidence of infectious diseases is poised to drive the growth of the microbial identification market in the foreseeable future. Infectious diseases are caused by various pathogenic microorganisms such as bacteria, viruses, fungi, parasites, or prions. Factors contributing to the occurrence of infectious diseases include climate change, environmental disruption, antimicrobial resistance, weakened immune systems, and ecological disturbances. Microbial identification plays a crucial role in accurately diagnosing infectious diseases, enabling targeted treatment, disease surveillance, outbreak control, and antimicrobial stewardship. For example, as reported by gov.uk, in England, there were 3,805 new HIV diagnoses in 2022, representing a 22% increase from the 3,118 cases reported in 2021 and a 26% rise from the 3,026 cases reported in 2020. Therefore, the rising prevalence of infectious diseases is fueling the demand for microbial identification solutions.
Key players in the microbial identification market are focusing on developing mass spectrum technology to improve the accuracy and speed of microorganism identification, which is essential for various applications such as clinical diagnostics, environmental monitoring, and food safety. Mass spectrum technology enables rapid and reliable identification of microorganisms down to the species level within minutes, offering a cost-effective and efficient alternative to traditional biochemical assays and sequencing methods. For instance, in January 2021, Bruker, a US-based manufacturer of microbial identification solutions, introduced an MS-based rapid microbial identification kit designed to meet the latest industry requirements. This kit represents a significant advancement in microbial identification, leveraging MALDI-TOF MS technology, which has become the standard in clinical microbiology laboratories. It provides faster, more efficient, and cost-effective analysis compared to conventional biochemical assays or sequencing methods.
In January 2021, Bruker, a US-based technology company, completed the acquisition of MERLIN Inc. for an undisclosed amount. The acquisition aimed to capitalize on MERLIN's expertise in antibiotic resistance and susceptibility testing (AST) to enhance Bruker's offerings in this area, aligning with Bruker's commitment to delivering high-value scientific instruments and innovative solutions. MERLIN, based in the UK, is known for manufacturing various products for microbial identification.
Major companies operating in the microbial identification market are Merck & Co. Inc., Sanofi S A, ThermoFisher Scientific Inc., Danaher Corporation, Siemens Healthineers, Becton, Dickinson and Company, Avantor Inc., Eurofins Scientific Corporation, Beckman Coulter Inc., VWR International LLC, Charles River Laboratories International Inc., Perkinelmer Inc., Wickham Micro Limited, Bruker Corporation, BioMerieux S.A., Biolog Inc., Liofilchem S.r.l, BioMérieux SA, Shimadzu Corporation, Scenker Biological Technology Co. Ltd.
North America was the largest region in the microbial identification market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microbial identification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the microbial identification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Microbial identification involves determining and categorizing microorganisms such as bacteria, fungi, viruses, and protozoa based on their phenotypic and genotypic traits. The integration of these methods enables accurate, rapid, and comprehensive identification, critical for diagnosing, treating, and monitoring infections.
The primary product types and services for microbial identification include instruments, consumables, and services. Microbial identification instruments are devices used to detect, classify, and identify microorganisms across various applications such as diagnostic, environmental, food and beverage testing, and pharmaceutical sectors. Methods employed encompass phenotypic, proteotypic, and genotypic approaches. These solutions are utilized by diverse end users including the pharmaceutical and biotechnology industry, food and beverage industry, water and environmental industry, independent research laboratories, diagnostic laboratories, hospitals, and others.
The microbial identification market research report is one of a series of new reports that provides microbial identification market statistics, including microbial identification industry global market size, regional shares, competitors with a microbial identification market share, detailed microbial identification market segments, market trends and opportunities, and any further data you may need to thrive in the microbial identification industry. This microbial identification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The microbial identification market consists of revenues earned by entities by providing services such as custom and specialized testing, clinical diagnostics, and microbial source tracking. Only goods and services traded between entities or sold to end consumers are included. The microbial identification market also consists of sales of microarray systems, genomic instruments, and culture testing instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Microbial Identification Market Characteristics3. Microbial Identification Market Trends and Strategies32. Global Microbial Identification Market Competitive Benchmarking33. Global Microbial Identification Market Competitive Dashboard34. Key Mergers and Acquisitions in the Microbial Identification Market
4. Microbial Identification Market - Macro Economic Scenario
5. Global Microbial Identification Market Size and Growth
6. Microbial Identification Market Segmentation
7. Microbial Identification Market Regional and Country Analysis
8. Asia-Pacific Microbial Identification Market
9. China Microbial Identification Market
10. India Microbial Identification Market
11. Japan Microbial Identification Market
12. Australia Microbial Identification Market
13. Indonesia Microbial Identification Market
14. South Korea Microbial Identification Market
15. Western Europe Microbial Identification Market
16. UK Microbial Identification Market
17. Germany Microbial Identification Market
18. France Microbial Identification Market
19. Italy Microbial Identification Market
20. Spain Microbial Identification Market
21. Eastern Europe Microbial Identification Market
22. Russia Microbial Identification Market
23. North America Microbial Identification Market
24. USA Microbial Identification Market
25. Canada Microbial Identification Market
26. South America Microbial Identification Market
27. Brazil Microbial Identification Market
28. Middle East Microbial Identification Market
29. Africa Microbial Identification Market
30. Microbial Identification Market Competitive Landscape and Company Profiles
31. Microbial Identification Market Other Major and Innovative Companies
35. Microbial Identification Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Microbial Identification Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on microbial identification market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for microbial identification? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The microbial identification market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Products And Services: Instruments; Consumables; Services2) By Methods: Phenotypic Methods; Proteotypic Methods; Genotypic Methods
3) By Application: Diagnostic Application; Environmental Application; Food and Beverages Testing; Pharmaceutical Application; Other Applications
4) By End User: Pharmaceutical And Biotechnology Industry; Food And Beverage Industry; Water And Environment Industry; Independent Research Laboratories; Diagnostic Laboratories; Hospitals; Other End Users
Key Companies Mentioned: Merck & Co. Inc.; Sanofi S A; ThermoFisher Scientific Inc.; Danaher Corporation; Siemens Healthineers
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Merck & Co. Inc.
- Sanofi S A
- ThermoFisher Scientific Inc.
- Danaher Corporation
- Siemens Healthineers
- Becton, Dickinson and Company
- Avantor Inc.
- Eurofins Scientific Corporation
- Beckman Coulter Inc.
- VWR International LLC
- Charles River Laboratories International Inc.
- Perkinelmer Inc.
- Wickham Micro Limited
- Bruker Corporation
- BioMerieux S.A.
- Biolog Inc.
- Liofilchem S.r.l
- BioMérieux SA
- Shimadzu Corporation
- Scenker Biological Technology Co. Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.57 Billion |
Forecasted Market Value ( USD | $ 9.92 Billion |
Compound Annual Growth Rate | 15.5% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |