Global Microbial Identification Market is Expected to Grow at 6% CAGR During 2016-2022: P&S Market Research

NEW YORK, April 26, 2016 /PRNewswire/ --

According to market research report "Global Microbial identification Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Product (Consumables, Instruments and Software and Services), by Method (Phenotypic Method and Genotypic Method), by Application (Diagnostic Application, Food and Beverage Testing, Pharmaceutical Application and Environmental Application) and by End User (Hospitals, Pharmaceutical & Biotech Companies, Food, Water, and Beverage Manufacturers, Research Laboratories, Government Environmental Agencies, Blood Banks and Others)" by P&S Market Research, the global microbial identification market was valued at $951.8 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 - 2022.

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The global market is increasing, due to increasing incidence of infectious diseases, increasing healthcare expenditure, growing awareness and food safety concerns. In addition, technological advancements with advent of innovative microbial identification products are further encouraging the market growth.

Explore Full Report on "Global Microbial identification Market" at: https://www.psmarketresearch.com/market-analysis/microbial-identification-market

Based on products, the consumables segment accounted for the largest share during the forecast period. Among the end-users, the hospital segment accounted for the largest share in the global market in 2015; and the segment is expected to grow at 6.4% CAGR during 2016 - 2022.

The rapid identification of microorganisms in clinical microbiology laboratory for infections caused by virus, fungi, mycobacterium, parasite and bacterial are needed for patient management for infections. Genotypic microbial identification provides technological advancement in the field of microbial identification. The new methods are rapid, provide high throughput in less time and are effective.

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The key companies operating in the global Microbial identification market include Becton, Dickinson and Company, Danaher Corporation, Siemens AG, Shimadzu Corporation, BioMerieux SA, Thermo Fisher Scientific Inc., Qiagen N.V., Midi Inc, Charles River Laboratories Inc., Biolog Inc. and Bruker Corporation.

GLOBAL MICROBIAL IDENTIFICATION MARKET SEGMENTATION 

By Product 

• Consumables
• Plates and Media
• Reagents and kits
• Others
• Instruments and software
• Automated Microbial identification Systems
• PCR
• Mass Spectrometers
• High-power Microscopes
• Microarrays
• Polystainers
• Flow Cytometers
• Others
• Services
• Identification Services
• Culture Collection Services

By Method 

• Phenotypic methods
• Genotypic methods

By Application 

• Diagnostic Application
• Food and Beverage Testing
• Pharmaceutical Application
• Environmental Application

By End User 

• Hospitals
• Ambulatory Surgery Centers  
• Clinics
• Home Healthcare
• Others

By Geography 

• North America - U.S., Canada, and Rest of North America
• Central and Eastern Europe - Russia and Rest of Central and Eastern Europe
• Western Europe - Germany, France, U.K., and Rest of Western Europe
• Asia-Pacific - China, Japan, India, Australia and Rest of Asia-Pacific
• Latin America - Brazil, Mexico Rest of Latin America
• Middle East and Africa - South Africa and Rest of Middle East and Africa

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SOURCE P&S Market Research