Microbial Identification Industry Is Projected To Be Worth $1,194.1 Million by 2019

The report “Microbial Identification Market Products (Consumables, Instruments, Services), Methods (Phenotypic, Genotypic) Application (Pharmaceutical, Diagnostic, Environmental, Food & Beverages), End User (Detection, Characterization) - Global Forecasts to 2019” 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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This report studies the microbial identification market by product, method, application, end user, and geography. The microbial identification market involves the identification of products and services, applications, technologies, and end users in the global market for the detection, identification, and characterization of microorganisms.

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. However, a complex regulatory framework and higher costs of the identification instruments limit the prospects of the market.

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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.

On the basis of applications, the market is segmented into diagnostics applications, food and beverage testing, pharmaceutical applications, and environmental applications. The diagnostic applications segment is further divided into human disease diagnosis and animal disease diagnosis. The diagnostic market segment accounted for the highest market share in the microbial detection application market.

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On the basis of end users, the market is segmented into detection and enumeration applications, culture collection repositories, and microbial characterization. The detection and enumeration applications segment is further segmented into government/private institutes, hospitals and blood banks; pharmaceutical and biotechnology companies and CROs; food, water, and beverage manufacturers; and government environmental agencies, NGOs, and research laboratories. Whereas, microbial characterization is segmented into government/private institutes, hospitals, and diagnostic laboratories; pharmaceutical and biotechnology companies and CROs; and independent research laboratories.

The global microbial identification market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). North America will continue to lead the global market in the forecast period, followed by Europe. Over the next five years, the growth of the global market is likely to be centered on the Asia-Pacific region.

The prominent players in this market include Becton, Dickinson and Company, (U.S.), 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.), and Thermo Fisher Scientific Inc. (U.S.).

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