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Microbial Identification Market Is Anticipated To Grow Up To USD 13.3 Billion By 2032 | Beckman Coulter , Biolog , BioMerieux SA,, Bruker Corporation

12-28-2023 07:57 AM CET | Health & Medicine

Press release from: Global Insight Services

The global Microbial Identification Market was valued at USD 4.1 Billion in 2022 and it is anticipated to grow up to USD 13.3 Billion by 2032, at a CAGR of 12.5% during the forecast period.

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Microbial Identification is used to protect against the intentional interference of electronic signals. This equipment can be used to protect against radio frequency interference (RFI), electromagnetic interference (EMI), or other types of signal interference. There are a variety of anti-jamming technologies that can be used, depending on the type of interference that is being protected against. For example, RFI jamming can be countered with frequency-hopping spread spectrum (FHSS) technology, while EMI jamming can be countered with pulse-code modulation (PCM) or other digital modulation techniques.

Market Trends and Drivers

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.

Report Overview- https://www.globalinsightservices.com/reports/microbial-identification-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.

Major Players in the Global Catamaran Market

The key players in the Microbial Identification Market  are  as 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., Wickham Micro Limited. among others.

COVID-19 Impact

The COVID-19 outbreak has had a significant impact on the market. As employment closures have curtailed import and export activities and closures of diagnostics centers and hospitals. For instance, according to an article titled "Impact of the COVID-19 pandemic on the surveillance, prevention, and control of antimicrobial resistance: a global survey" published in September 2021, there was a reduction in the availability of the nursing, medical, and public health staff for antimicrobial resistance by 71%, 69%, and 64%, respectively. However, with the release COVID-19 restrictions and resumed diagnosis and testing services in industries the studied market is expected to grow over the forecast period. Certain factors propelling the market growth are the rising burden of infectious diseases, technological advancements in microbial identification, increasing food safety concerns, and government initiatives and funding for promoting microbial identification.

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Global Microbial Identification Market Segmentation

By Product & Service

Instruments
Consumables
Services

By Method

Phenotypic Methods
Genotypic Methods
Proteomics-based Methods

By Application

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

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
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Website: https://www.globalinsightservices.com/

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