Microbial Identification Market worth $1,194.1 Million by 2019 - New Report by MarketsandMarkets

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This market is driven by several factors which include high prevalence of infectious diseases, growing food safety concerns, government initiatives in the forms of grants and funds, technological advancements and launching of new and innovative products, and focus on the untapped markets in the emerging economies. http://www.marketsandmarkets.com/Market-Reports/microbial-identification-market-10702182.html



Biolog Inc. (U.S.), bioMérieux SA (France), Bruker Corporation (U.S.), Charles River Laboratories Inc. (U.S.), MIDI Inc. (U.S.), QIAGEN N.V. (Netherlands), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), Sigma-Aldrich Corporation (U.S.)

The Reports “Microbial Identification Market Products (Consumables, Instruments, Services), Methods (Phenotypic, Genotypic) Application (Pharmaceutical, Diagnostic, Environmental, Food & Beverages), End User (Detection, Characterization) - Global Forecasts to 2019” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Microbial Identification market along with the estimates and forecasts of the revenue and share analysis.

Browse 94 market data tables, 10 figures spread through 256 pages and in-depth TOC”

Early buyers will receive 10% customization on this report.

The global microbial identification market is estimated at $896.5 million in 2014 and is expected to reach $1,194.1 million by 2019, growing at a CAGR of 5.9% from 2014 to 2019.

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The report segments this market on the basis of products, methods, applications, end users, and geographies. Among various applications, human disease diagnosis is expected to account for the largest share in 2014, while the pharmaceutical applications is forecasted to be the fastest-growing segment in the microbial identification market. Factors such as high prevalence of infectious diseases, technological advancements in products, growing food safety concerns, government initiatives, and higher healthcare expenditure in the emerging geographies are driving the growth of the microbial identification market. Furthermore, owing to the collaborative working of various companies and continuous advancements in technologies, new and innovative products are being launched in the market which is another major factor providing impetus for the growth of this market.

On the basis of products, the market is segmented into consumables, instruments and software, and services. The consumables segment includes reagents and kits, plates and media, and other consumables used for microbial detection. The instruments and software segment includes high-power microscopes, mass spectrometer, PCR, microarray, flow cytometer, polystainer, automated microbial identification systems, and other instruments used for microbial detection. The services segment includes microbe identification and culture collection services. The consumable accounted for the highest market share in this market, owing to consumable focused conventional identification techniques.

On the basis of methods, the microbial identification market is segmented into phenotypic and genotypic methods. A drift from conventional phenotypic techniques to the genotypic techniques is witnessed across the globe.

Based on geography, the global microbial identification market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014.

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The prominent players in the microbial identification market are bioMérieux SA (France), Bruker Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Siemens healthcare (Germany).

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