Microbial Identification Market: Developing Economies of APAC and Rest of the World to Drive Global Market

Transparency Market Research Report Added "Microbial Identification Market" to its database.

ALBANY, NY - Jul 24, 2015 - Microbial identification refers to the process of determining harmful bacteria and fungi that may contaminate manufacturing facilities, raw materials, and branded products. Bacterial identification is widely used in environmental studies, clinical settings, and manufacturing facilities. 

The overall microbial identification market can be segmented on the basis of products, methods, and applications. The main products utilized in microbial identification are instruments and software, consumables, and services. Consumables include plates, reagents, and media; instruments and software include mass spectrometers, polymerase chain reactors, flow cytometers, microarrays, microscopes, and automated microbial identification systems; services include culture collection and those related with the identification of different microbes. 

Phenotypic and genotypic are the two main methods adopted in microbial identification. By application, the market for microbial identification is segmented into food and beverages, pharmaceuticals, diagnostics, cosmetic and personal care products, academic research centers, and environmental applications. 

Growing Concerns over Spread of Infectious Diseases Fueling Demand

The growth of the microbial identification market can be primarily attributed to the increasing prevalence of infectious diseases in most parts of the world. This has resulted in escalating concern regarding food and environmental safety, making room for technological developments and the introduction of innovative products that will hasten the identification of unknown bacteria with accurate and definitive results.

Microbial identification today is being applied in a variety of fields such as criminal investigations, microbial forensics, environmental studies, and bio-terrorism threats. In addition, thriving healthcare sectors in developing nations such as Brazil, India, China, Russia, and South Africa have driven the market for microbial identification. 

However, high cost of microbial identification instruments and complex regulatory frameworks are projected to limit the growth prospects of the global market.

Strong Presence of Major Players Boosting Developed Markets 

Geographically, the global microbial identification market is divided into North America, Europe, Asia Pacific, and Rest of the World. North America was the largest regional market for microbial identification in 2013, followed by Europe. These two regions have been witnessing impressive growth over the years owing to presence of leading biotechnology and pharmaceutical companies, penetration of modern technology, major research and development investments and laboratories, and growing awareness regarding infectious diseases. 

The Asia Pacific market for microbial identification has been projected to be the most rapidly developing market by 2020, with the Rest of the World region also witnessing strong growth. These regions have been identified as having the most potential given the impact of favorable growth drivers such as developing food and healthcare sectors, increasing government initiatives, economic growth, rise in healthcare expenditure, improvement in healthcare infrastructure, and presence of multinational companies. Countries such as China, India, Brazil, and Mexico, and many others in the Middle East, Africa, and Latin America are forecast to play a vital role in stimulating the growth of the microbial identification market. 

Leading players operating in the global microbial identification market include MIDI Inc., Sigma-Aldrich Corporation, Thermo Fisher Scientific, Inc., Shimadzu Corporation, bioMerieux SA, Becton, Dickinson & Company, Life Technologies Corporation, Charles River Laboratories Inc., Bruker Corporation, QIAGEN N.V., Siemens Healthcare, and Biolog, Inc. Some of the major brands offering a range of microbial identification instruments and consumables are MicroSEQ Rapid Microbial Identification System by Life Technologies, AlleleID by Premier Biosoft, GEN III OmniLog ID System by Biolog, Inc., VITEK 2 Compact by MiL, Inc., and Affirm VPIII Microbial Identification Test by Becton Dickinson & Company.

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