The microbial identification methods market size has grown strongly in recent years. It will grow from $4.74 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The increase in the historic period can be ascribed to a rise in infectious diseases, amplified investment in diagnostics research and development, heightened emphasis on infection control within healthcare facilities, escalating concerns regarding food safety, and a surge in the need for methods to identify microbes.
The microbial identification methods market size is expected to see strong growth in the next few years. It will grow to $6.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The expansion anticipated in the forecast period is linked to escalating demand for swift microbiology testing, progressions in microbial research, wider acceptance of automated systems, increasing disposable incomes, and governmental efforts to bolster food safety. Key trends projected for this period encompass the introduction of new products, enhancements in microbial identification methodologies, uptake of automated bacterial identification systems, strides in microfluidics, robotics, and nanotechnology, as well as the formation of strategic alliances.
The surge in infectious diseases is expected to drive the expansion of the microbial identification methods market in the coming years. Infectious diseases are illnesses caused by harmful pathogens such as viruses, bacteria, fungi, and parasites infiltrating the body. Major infectious diseases include HIV/AIDS (human immunodeficiency virus/acquired immunodeficiency syndrome), tuberculosis, malaria, among others. The increasing prevalence of infectious diseases is attributed to factors such as antimicrobial resistance, climate change, and population growth. Microbial identification methods play a vital role in diagnosing, treating, and preventing infectious diseases by furnishing detailed insights into the pathogens responsible for an infection. This enables healthcare professionals to make informed decisions regarding patient care. For example, UNAIDS reported in July 2023 that the global number of people living with HIV surpassed 39 million, representing a 3.17% increase from 2020. Additionally, according to the Centers for Disease Control and Prevention, tuberculosis (TB) cases in the US rose by 5.9% from 7,874 cases in 2021 to 8,331 cases in 2022. Consequently, the escalating prevalence of infectious diseases propels the growth of the microbial identification methods market.
Key players in the microbial identification methods market are dedicated to developing innovative solutions, such as mycobacteria and fungi in vitro diagnostic (IVD) solutions, to bolster their market presence. Mycobacteria and fungi IVD solutions encompass a variety of products and technologies tailored to detect, identify, and characterize mycobacterial and fungal pathogens in clinical specimens. For instance, in April 2023, Bruker Corporation, a US-based manufacturer of scientific instruments for molecular and materials research, introduced the MALDI Biotyper IVD software, a novel mycobacteria and fungi IVD solution. This solution boasts enhanced accuracy and speed in microbial identification, leveraging MALDI-TOF (matrix-assisted laser desorption/ionization-time of flight) mass spectrometry technology. The platform enables rapid identification of mycobacteria and fungi from cultured samples within minutes, significantly reducing turnaround time compared to traditional methods. Moreover, the new solutions offer expanded databases and robust software algorithms for improved specificity and sensitivity, facilitating precise identification of a wider range of mycobacterial and fungal species.
In January 2023, Biolog Inc., a biotechnology company based in the United States, completed the acquisition of MIDI Labs and MIDI, Inc. for an undisclosed sum. Through this strategic acquisition, Biolog endeavors to bolster its capabilities in microbial identification and characterization by amalgamating MIDI's cutting-edge fatty acid methyl ester (FAME) analysis technology with its existing phenotype-based systems. This integration aims to create a more comprehensive suite of diagnostic tools. MIDI Labs, based in the US, is recognized as a pioneering force in microbial identification methods.
Major companies operating in the microbial identification methods market are Merck KGaA, Sumitomo Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Becton Dickinson and Company, GE Healthcare, Avantor Inc., Eurofins Scientific SE, Lonza Group AG, Sartorius AG, Charles River Laboratories International Inc., bioMerieux SA, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., Beckman Coulter Inc., HiMedia Laboratories., Hardy Diagnostics., LuminUltra Technologies Ltd., Biolog Inc.
North America was the largest region in the microbial identification methods market in 2023. The regions covered in the microbial identification methods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microbial identification methods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Microbial identification methods encompass systematic approaches and laboratory techniques utilized to ascertain the identity and characteristics of microorganisms through the analysis of their phenotypic (observable traits) and genotypic (genetic) properties. These methods play a pivotal role in diagnosing infectious diseases, ensuring food and water safety, exploring microbial ecology, and devising effective treatments or preventive measures against pathogenic microorganisms.
Within the microbial identification methods market, the primary categories include genotypic, phenotypic, and proteotypic methods. Genotypic techniques entail identifying microorganisms based on their genetic composition, such as DNA or RNA sequences. Various types of these methods include bacterial identification systems, microbial enumeration systems, bacterial resistance identification systems, microbiology analyzers, and other variants utilized across diverse end-user sectors, including pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, food testing laboratories, and other entities.
The microbial identification methods market research report is one of a series of new reports that provides microbial identification methods market statistics, including microbial identification methods industry global market size, regional shares, competitors with a microbial identification methods market share, detailed microbial identification methods market segments, market trends, and opportunities, and any further data you may need to thrive in the microbial identification methods industry. This microbial identification methods 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 methods market consists of revenues earned by entities by providing services such as fatty acid analysis, biochemical testing, antimicrobial susceptibility testing (AST), and mass spectrometry (MS). The market value includes the value of related goods sold by the service provider or included within the service offering. The microbial identification method market also includes sales of microbial identification systems, mass spectrometry instruments, sequencing platforms, culture media and kits, and antimicrobial susceptibility testing (AST) systems. 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 methods market size is expected to see strong growth in the next few years. It will grow to $6.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The expansion anticipated in the forecast period is linked to escalating demand for swift microbiology testing, progressions in microbial research, wider acceptance of automated systems, increasing disposable incomes, and governmental efforts to bolster food safety. Key trends projected for this period encompass the introduction of new products, enhancements in microbial identification methodologies, uptake of automated bacterial identification systems, strides in microfluidics, robotics, and nanotechnology, as well as the formation of strategic alliances.
The surge in infectious diseases is expected to drive the expansion of the microbial identification methods market in the coming years. Infectious diseases are illnesses caused by harmful pathogens such as viruses, bacteria, fungi, and parasites infiltrating the body. Major infectious diseases include HIV/AIDS (human immunodeficiency virus/acquired immunodeficiency syndrome), tuberculosis, malaria, among others. The increasing prevalence of infectious diseases is attributed to factors such as antimicrobial resistance, climate change, and population growth. Microbial identification methods play a vital role in diagnosing, treating, and preventing infectious diseases by furnishing detailed insights into the pathogens responsible for an infection. This enables healthcare professionals to make informed decisions regarding patient care. For example, UNAIDS reported in July 2023 that the global number of people living with HIV surpassed 39 million, representing a 3.17% increase from 2020. Additionally, according to the Centers for Disease Control and Prevention, tuberculosis (TB) cases in the US rose by 5.9% from 7,874 cases in 2021 to 8,331 cases in 2022. Consequently, the escalating prevalence of infectious diseases propels the growth of the microbial identification methods market.
Key players in the microbial identification methods market are dedicated to developing innovative solutions, such as mycobacteria and fungi in vitro diagnostic (IVD) solutions, to bolster their market presence. Mycobacteria and fungi IVD solutions encompass a variety of products and technologies tailored to detect, identify, and characterize mycobacterial and fungal pathogens in clinical specimens. For instance, in April 2023, Bruker Corporation, a US-based manufacturer of scientific instruments for molecular and materials research, introduced the MALDI Biotyper IVD software, a novel mycobacteria and fungi IVD solution. This solution boasts enhanced accuracy and speed in microbial identification, leveraging MALDI-TOF (matrix-assisted laser desorption/ionization-time of flight) mass spectrometry technology. The platform enables rapid identification of mycobacteria and fungi from cultured samples within minutes, significantly reducing turnaround time compared to traditional methods. Moreover, the new solutions offer expanded databases and robust software algorithms for improved specificity and sensitivity, facilitating precise identification of a wider range of mycobacterial and fungal species.
In January 2023, Biolog Inc., a biotechnology company based in the United States, completed the acquisition of MIDI Labs and MIDI, Inc. for an undisclosed sum. Through this strategic acquisition, Biolog endeavors to bolster its capabilities in microbial identification and characterization by amalgamating MIDI's cutting-edge fatty acid methyl ester (FAME) analysis technology with its existing phenotype-based systems. This integration aims to create a more comprehensive suite of diagnostic tools. MIDI Labs, based in the US, is recognized as a pioneering force in microbial identification methods.
Major companies operating in the microbial identification methods market are Merck KGaA, Sumitomo Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Becton Dickinson and Company, GE Healthcare, Avantor Inc., Eurofins Scientific SE, Lonza Group AG, Sartorius AG, Charles River Laboratories International Inc., bioMerieux SA, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., Beckman Coulter Inc., HiMedia Laboratories., Hardy Diagnostics., LuminUltra Technologies Ltd., Biolog Inc.
North America was the largest region in the microbial identification methods market in 2023. The regions covered in the microbial identification methods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microbial identification methods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Microbial identification methods encompass systematic approaches and laboratory techniques utilized to ascertain the identity and characteristics of microorganisms through the analysis of their phenotypic (observable traits) and genotypic (genetic) properties. These methods play a pivotal role in diagnosing infectious diseases, ensuring food and water safety, exploring microbial ecology, and devising effective treatments or preventive measures against pathogenic microorganisms.
Within the microbial identification methods market, the primary categories include genotypic, phenotypic, and proteotypic methods. Genotypic techniques entail identifying microorganisms based on their genetic composition, such as DNA or RNA sequences. Various types of these methods include bacterial identification systems, microbial enumeration systems, bacterial resistance identification systems, microbiology analyzers, and other variants utilized across diverse end-user sectors, including pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, food testing laboratories, and other entities.
The microbial identification methods market research report is one of a series of new reports that provides microbial identification methods market statistics, including microbial identification methods industry global market size, regional shares, competitors with a microbial identification methods market share, detailed microbial identification methods market segments, market trends, and opportunities, and any further data you may need to thrive in the microbial identification methods industry. This microbial identification methods 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 methods market consists of revenues earned by entities by providing services such as fatty acid analysis, biochemical testing, antimicrobial susceptibility testing (AST), and mass spectrometry (MS). The market value includes the value of related goods sold by the service provider or included within the service offering. The microbial identification method market also includes sales of microbial identification systems, mass spectrometry instruments, sequencing platforms, culture media and kits, and antimicrobial susceptibility testing (AST) systems. 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 Methods Market Characteristics3. Microbial Identification Methods Market Trends and Strategies32. Global Microbial Identification Methods Market Competitive Benchmarking33. Global Microbial Identification Methods Market Competitive Dashboard34. Key Mergers and Acquisitions in the Microbial Identification Methods Market
4. Microbial Identification Methods Market - Macro Economic Scenario
5. Global Microbial Identification Methods Market Size and Growth
6. Microbial Identification Methods Market Segmentation
7. Microbial Identification Methods Market Regional and Country Analysis
8. Asia-Pacific Microbial Identification Methods Market
9. China Microbial Identification Methods Market
10. India Microbial Identification Methods Market
11. Japan Microbial Identification Methods Market
12. Australia Microbial Identification Methods Market
13. Indonesia Microbial Identification Methods Market
14. South Korea Microbial Identification Methods Market
15. Western Europe Microbial Identification Methods Market
16. UK Microbial Identification Methods Market
17. Germany Microbial Identification Methods Market
18. France Microbial Identification Methods Market
19. Italy Microbial Identification Methods Market
20. Spain Microbial Identification Methods Market
21. Eastern Europe Microbial Identification Methods Market
22. Russia Microbial Identification Methods Market
23. North America Microbial Identification Methods Market
24. USA Microbial Identification Methods Market
25. Canada Microbial Identification Methods Market
26. South America Microbial Identification Methods Market
27. Brazil Microbial Identification Methods Market
28. Middle East Microbial Identification Methods Market
29. Africa Microbial Identification Methods Market
30. Microbial Identification Methods Market Competitive Landscape and Company Profiles
31. Microbial Identification Methods Market Other Major and Innovative Companies
35. Microbial Identification Methods Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Microbial Identification Methods 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 methods 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.
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- Benchmark performance against key competitors.
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Description
Where is the largest and fastest growing market for microbial identification methods? 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 methods 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 Method: Genotypic; Phenotypic; Proteotypic2) By Type: Bacterial Identification System; Microbial Enumeration System; Bacterial Resistance Identification Systems; Microbiology Analyzer; Other Type
3) By End User: Pharmaceutical And Biotechnology Companies; Hospitals And Diagnostic Laboratories; Food Testing Laboratories; Other End-Users
Key Companies Mentioned: Merck KGaA; Sumitomo Corporation; Thermo Fisher Scientific Inc.; Abbott Laboratories; Becton Dickinson and Company
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 KGaA
- Sumitomo Corporation
- Thermo Fisher Scientific Inc.
- Abbott Laboratories
- Becton Dickinson and Company
- GE Healthcare
- Avantor Inc.
- Eurofins Scientific SE
- Lonza Group AG
- Sartorius AG
- Charles River Laboratories International Inc.
- bioMerieux SA
- Shimadzu Corporation
- Waters Corporation
- Bio-Rad Laboratories Inc.
- '
- Bruker Corporation
- Qiagen N.V.
- Beckman Coulter Inc.
- HiMedia Laboratories.
- Hardy Diagnostics.
- LuminUltra Technologies Ltd.
- Biolog Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.09 Billion |
Forecasted Market Value ( USD | $ 6.87 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | Global |
No. of Companies Mentioned | 22 |