The Industrial Microbiology Global Market Report 2023, provides comprehensive information on the industrial microbiology market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Industrial Microbiology Global Market Report 2023, the global industrial microbiology market size is expected to grow from $13.57 billion in 2022 to $14.51 billion in 2023 at a compound annual growth rate (CAGR) of 7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial microbiology market size is expected to reach $18.81 billion in 2027 at a CAGR of 6.7%.
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Technological advancements are a key trend in the industrial microbiology market. Major market players are concentrating on introducing new and advanced technologies to strengthen their position in the market. For instance, in January 2022, Becton, Dickinson, and Company, a US-based medical technology company, launched the BD Kiestra IdentifA system. This uses MALDI-ToF and automated colony technology, which can automate microbiological bacterial identification testing preparation. The lab technician utilizes BD Synapsys™ informatics to pick distinct bacterial colonies from a digital plate picture using the BD Kiestra™ IdentifA. The selected organisms are physically determined by sophisticated robotics, and the sample is prepared for specific identification testing. The BD KiestraTM IdentifA may reduce the risk of human mistakes when preparing samples for bacterial identification by automating what are often time-consuming manual tasks, resulting in more accurate diagnoses for patients.
The industrial microbiology market is segmented:
1) By Product: Equipment And Systems, Reaction Consumables, Laboratory Supplies
2) By Test: Sterility Testing, Microbial Limits Testing, Bio-Burden Testing, Water And Environmental Testing\
3) By End-Use: Food And Beverages, Pharmaceutical Biotechnology, Agricultural, Environmental, Cosmetic And Personal Care, Other End-UsesNorth America was the largest region in the industrial microbiology market in 2022
The table of contents in TBRC’s industrial microbiology market report includes:
1. Executive Summary
2. Industrial Microbiology Market Characteristics
3. Industrial Microbiology Market Trends And Strategies
4. Industrial Microbiology Market – Macro Economic Scenario
5. Industrial Microbiology Market Size And Growth
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26. Africa Industrial Microbiology Market
27. Industrial Microbiology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Microbiology Market
29. Industrial Microbiology Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Thermo Fisher Scientific Inc
- Danaher Corporation
- Bio-Rad Laboratories Inc
- The Merck Group
- Becton Dickinson and Company
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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