The latest research study “microbial identification market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global microbial identification market size reached US$ 3.57 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.32 Billion by 2027 exhibiting a CAGR of 11.60% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
A bulletproof vest represents a protective covering worn to shield the body against bullets and shrapnel. It usually safeguards soldiers from bomb explosions by absorbing the force and preventing the attack from penetrating the body. In addition to this, a bulletproof vest is produced by using various materials, such as ultra-high molecular weight polyethylene (UHMWPE), graphene, Kevlar, etc.
Furthermore, based on type, it is categorized into soft and hard variants. Soft bulletproof vests protect against small-caliber rounds from handguns, whereas the latter is utilized in counterterrorism, military combat, counterinsurgency, hostage rescue missions, etc.
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Microbial Identification Market Trends and Drivers:
Microbial identification represents the procedures of identifying pathogens in mixed microbial communities by analyzing their behavior. They can be of various types, such as phenotypic methods, genotypic methods, proteomics-based methods, etc., and involve the usage of multiple technologies that include mass spectrometry, flow cytometry, microscopy, etc.
Microbial identification procedures aid in diagnosing infectious diseases and ensure the timely adoption of required therapies and medications. They even allow the detection of specific proteins, gene sequences of microorganisms, and biochemical activities of the target cells. Consequently, microbial identification techniques find extensive applications across numerous sectors, such as diagnostics, food and beverage testing, pharmaceuticals, cosmetics and personal care products testing, etc.
The growing prevalence of contagious illnesses caused by microorganisms is primarily driving the microbial identification market. Moreover, the inflating investments by pharmaceutical companies in the study of bacteria, parasites, fungi, and microbes to facilitate drug development are also positively influencing the global market.
Apart from this, the escalating food safety concerns around the globe and the elevating use of microbial identification techniques to identify food spoilage contaminants, help retain the flavor and authenticity of processed food products, and improve shelf life are further stimulating market growth.
In addition to this, the rising advancements in the field of microbiology and microbial identification equipment and the implementation of several stringent policies by government bodies aimed at preventing the spread of communicable ailments are acting as significant growth-inducing factors. Besides this, the increasing improvement in the healthcare infrastructure, especially in developing countries, is anticipated to fuel the microbial identification market in the coming years.
Breakup by Products and Services:
· Instruments and Software
o Panels/ID Cards and Media
Breakup by Technology:
o Mass Spectrometry
o Flow Cytometry
Breakup by Method:
o Phenotypic Methods
o Genotypic Methods
o Proteomics-Based Methods
Breakup by Application:
o Food and Beverage Testing
o Cosmetics and Personal Care Products Testing
· North America
o United States
o South Korea
o United Kingdom
· Latin America
· Middle East and Africa
List of Major Key Players:
The major players in the market 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. (Avantor Inc.) and Wickham Micro Limited.
Key highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
Structure of the Market
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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