Microbial testing: Key market research findings
- Innovative techniques of microbial testing
- Increased automation of instruments in clinical laboratories
Technavio has added a new market research report on the global microbial testing market, which is expected to grow at a CAGR of around 7% between 2015 and 2019. Increased need for microbial detection and diagnosis across clinical, food and beverage, environmental, water, and pharmaceutical companies are driving this market’s growth. The Americas dominate the microbial testing market, and are expected to occupy around 43% of the total market by 2019. Much of this region’s growth is due to the presence of top market vendors coupled with the existence of a structured healthcare process.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for growth, as well as the segments with the maximum growth potential.
“Manufacturers are coming up with various innovations in their product portfolio to meet the increased demand for microbial testing systems. For instance, liquid-based microbial testing systems provide homogeneity and accuracy to the testing procedure. Several companies are using MALDI-TOF mass spectroscopy technique for easy identification of microbes. This technology provides a standardized automated platform for microbial testing,” says Imran Mushtaq, Lead Analyst, Healthcare, Technavio Research.
Global microbial testing market segmentation
Source: Technavio Research
The limited standardization of microbial testing procedures have become boundless with the introduction of new molecular techniques, mass spectrometry, liquid transport media, and automated detection and susceptibility systems. Such modifications in microbial testing methods have led to increased accuracy. Also, these automated systems have led to the development of robotic devices and high-resolution imaging systems in clinical microbiology.
The major vendors in the global microbial testing market include Beckman Coulter, Becton Dickinson, Biomerieux, and Thermo Fisher Scientific. This market is characterized by the presence of intense competition between large, medium, and small-sized manufacturers. The adoption of strategies like co marketing and acquisition by vendors will help them in gaining traction in this market.
A more detailed analysis is available in the Technavio report, Global Microbial Testing – Market Study 2015-2019.
We can customize reports by other regions and specific segments upon request.
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