Microbiology Testing Market to Grow by USD 3.01 Bn, Abbott Laboratories and Bio Rad Laboratories Inc. Among Key Vendors - Technavio

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Feb 12, 2023, 21:00 ET

NEW YORK, Feb. 12, 2023 /PRNewswire/ -- The Microbiology Testing Market Method, Product, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 3,012.8 million between 2022 and 2027 at a CAGR of 9.98%. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,143.39 million. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. DownloadSample Report

Technavio has announced its latest market research report titled Global Microbiology Testing Market 2023-2027

Regional Analysis

By region, the global microbiology testing market is segmented into North America, Europe, Asia, and the Rest of World. North America will account for 38% of market growth during the forecast period. Factors such as the growing focus on drug and vaccine discovery and development, recent advances in biotechnology and pharmaceutical research, and the presence of several vendors are driving the growth of the microbiology testing market in North America. Buy the report

Company Profiles

The microbiology testing market report includes information on the key products and recent developments of leading vendors, including:

Abbott Laboratories - The company offers microbiology testing solutions such as CHOLESTECH LDX ANALYZER.
Agilent Technologies Inc. - The company offers microbiology testing solutions such as Cannabis Microbial Testing.
Becton Dickinson and Co. - The company offers microbiology testing solutions such as Microbiological Culture Media.
Bio Rad Laboratories Inc. - The company offers microbiology testing solutions such as pGLO Bacterial Transformation Kit.

Market Dynamics

The market is driven by factors such as the increasing use of AC in high-voltage power transmission, rising demand from the telecom industry, and the increasing demand for AC power systems in power generation plants. However, inadequate healthcare services in developing regions are hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

By method, the market is segmented into traditional, rapid, and molecular. The traditional segment accounted for the largest share of the market in 2022.
By geography, the market is segmented into North America, Europe, Asia, and Rest of World. North America held the largest share of the market in 2022.

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The biopharmaceutical analytical testing services market is estimated to grow at a CAGR of 12.61% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,449.57 million. The increase in demand for mAbs is notably driving the market growth, although factors such as the shortage of trained professionals may impede the market growth.

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What are the key data covered in this microbiology testing market report?

CAGR of the market during the forecast period.
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the size of the microbiology testing market and its contribution to the parent market.
Accurate predictions about upcoming trends and changes in consumer behavior.
Growth of the market across North America, Europe, Asia, and Rest of World.
A thorough analysis of the market's competitive landscape and detailed information about vendors.
Comprehensive analysis of factors that will challenge the growth of microbiology testing market vendors.

Microbiology Testing Market Scope
Report Coverage	Details
Page number	189
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 9.98%
Market growth 2023-2027	USD 3012.8 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	9.51
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 38%
Key countries	US, Canada, Germany, UK, and China
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Abbott Laboratories, Agilent Technologies Inc., Becton Dickinson and Co., Bio Rad Laboratories Inc., Bruker Corp., Charles River Laboratories International Inc., Creative Diagnostics, Danaher Corp., Don Whitley Scientific Ltd., Euroclone SpA, F. Hoffmann La Roche Ltd., Hologic Inc., Institut Merieux, Kypha Inc., Liofilchem Srl, Merck KGaA, Neogen Corp., Sartorius AG, Shimadzu Corp., and Thermo Fisher Scientific Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Method
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
Exhibit 07: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 08: Executive Summary – Chart on Incremental Growth
Exhibit 09: Executive Summary – Data Table on Incremental Growth
Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 11: Parent market
Exhibit 12: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 13: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 14: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global microbiology testing market 2017 - 2021

Exhibit 19: Historic Market Size – Data Table on Global microbiology testing market 2017 - 2021 ($ million)

4.2 By Method Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – By Method Segment 2017 - 2021 ($ million)

4.3 By Product Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – By Product Segment 2017 - 2021 ($ million)

4.4 By End-user Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – By End-user Segment 2017 - 2021 ($ million)

4.5 Geography Segment Analysis 2017 - 2021

Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.6 Country Segment Analysis 2017 - 2021

Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 25: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Method

6.1 Market segments

Exhibit 32: Chart on Method - Market share 2022-2027 (%)
Exhibit 33: Data Table on Method - Market share 2022-2027 (%)

6.2 Comparison by Method

Exhibit 34: Chart on Comparison by Method
Exhibit 35: Data Table on Comparison by Method

6.3 Traditional - Market size and forecast 2022-2027

Exhibit 36: Chart on Traditional - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Data Table on Traditional - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Chart on Traditional - Year-over-year growth 2022-2027 (%)
Exhibit 39: Data Table on Traditional - Year-over-year growth 2022-2027 (%)

6.4 Rapid - Market size and forecast 2022-2027

Exhibit 40: Chart on Rapid - Market size and forecast 2022-2027 ($ million)
Exhibit 41: Data Table on Rapid - Market size and forecast 2022-2027 ($ million)
Exhibit 42: Chart on Rapid - Year-over-year growth 2022-2027 (%)
Exhibit 43: Data Table on Rapid - Year-over-year growth 2022-2027 (%)

6.5 Molecular - Market size and forecast 2022-2027

Exhibit 44: Chart on Molecular - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Data Table on Molecular - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Chart on Molecular - Year-over-year growth 2022-2027 (%)
Exhibit 47: Data Table on Molecular - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Method

Exhibit 48: Market opportunity by Method ($ million)

7 Market Segmentation by Product

7.1 Market segments

Exhibit 49: Chart on Product - Market share 2022-2027 (%)
Exhibit 50: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product

Exhibit 51: Chart on Comparison by Product
Exhibit 52: Data Table on Comparison by Product

7.3 Consumable - Market size and forecast 2022-2027

Exhibit 53: Chart on Consumable - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Data Table on Consumable - Market size and forecast 2022-2027 ($ million)
Exhibit 55: Chart on Consumable - Year-over-year growth 2022-2027 (%)
Exhibit 56: Data Table on Consumable - Year-over-year growth 2022-2027 (%)

7.4 Instruments - Market size and forecast 2022-2027

Exhibit 57: Chart on Instruments - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Data Table on Instruments - Market size and forecast 2022-2027 ($ million)
Exhibit 59: Chart on Instruments - Year-over-year growth 2022-2027 (%)
Exhibit 60: Data Table on Instruments - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Product

Exhibit 61: Market opportunity by Product ($ million)

8 Market Segmentation by End-user

8.1 Market segments

Exhibit 62: Chart on End-user - Market share 2022-2027 (%)
Exhibit 63: Data Table on End-user - Market share 2022-2027 (%)

8.2 Comparison by End-user

Exhibit 64: Chart on Comparison by End-user
Exhibit 65: Data Table on Comparison by End-user

8.3 Hospitals and diagnostic laboratories - Market size and forecast 2022-2027

Exhibit 66: Chart on Hospitals and diagnostic laboratories - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Data Table on Hospitals and diagnostic laboratories - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Chart on Hospitals and diagnostic laboratories - Year-over-year growth 2022-2027 (%)
Exhibit 69: Data Table on Hospitals and diagnostic laboratories - Year-over-year growth 2022-2027 (%)

8.4 Pharmaceutical and biotechnology companies - Market size and forecast 2022-2027

Exhibit 70: Chart on Pharmaceutical and biotechnology companies - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Data Table on Pharmaceutical and biotechnology companies - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Chart on Pharmaceutical and biotechnology companies - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on Pharmaceutical and biotechnology companies - Year-over-year growth 2022-2027 (%)

8.5 Others - Market size and forecast 2022-2027

Exhibit 74: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on Others - Year-over-year growth 2022-2027 (%)

8.6 Market opportunity by End-user

Exhibit 78: Market opportunity by End-user ($ million)

9 Customer Landscape

9.1 Customer landscape overview

Exhibit 79: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

10.1 Geographic segmentation

Exhibit 80: Chart on Market share by geography 2022-2027 (%)
Exhibit 81: Data Table on Market share by geography 2022-2027 (%)

10.2 Geographic comparison

Exhibit 82: Chart on Geographic comparison
Exhibit 83: Data Table on Geographic comparison

10.3 North America - Market size and forecast 2022-2027

Exhibit 84: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 87: Data Table on North America - Year-over-year growth 2022-2027 (%)

10.4 Europe - Market size and forecast 2022-2027

Exhibit 88: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 91: Data Table on Europe - Year-over-year growth 2022-2027 (%)

10.5 Asia - Market size and forecast 2022-2027

Exhibit 92: Chart on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 95: Data Table on Asia - Year-over-year growth 2022-2027 (%)

10.6 Rest of World (ROW) - Market size and forecast 2022-2027

Exhibit 96: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 99: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

10.7 US - Market size and forecast 2022-2027

Exhibit 100: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 103: Data Table on US - Year-over-year growth 2022-2027 (%)

10.8 Germany - Market size and forecast 2022-2027

Exhibit 104: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 107: Data Table on Germany - Year-over-year growth 2022-2027 (%)

10.9 China - Market size and forecast 2022-2027

Exhibit 108: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 111: Data Table on China - Year-over-year growth 2022-2027 (%)

10.10 UK - Market size and forecast 2022-2027

Exhibit 112: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 114: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 115: Data Table on UK - Year-over-year growth 2022-2027 (%)

10.11 Canada - Market size and forecast 2022-2027

Exhibit 116: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 117: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 118: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 119: Data Table on Canada - Year-over-year growth 2022-2027 (%)

10.12 Market opportunity by geography

Exhibit 120: Market opportunity by geography ($ million)

11 Drivers, Challenges, and Trends

11.1 Market drivers

11.2 Market challenges

11.3 Impact of drivers and challenges

Exhibit 121: Impact of drivers and challenges in 2022 and 2027

11.4 Market trends

12 Vendor Landscape

12.1 Overview

12.2 Vendor landscape

Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

12.3 Landscape disruption

Exhibit 123: Overview on factors of disruption

12.4 Industry risks

Exhibit 124: Impact of key risks on business

13 Vendor Analysis

13.1 Vendors covered

Exhibit 125: Vendors covered

13.2 Market positioning of vendors

Exhibit 126: Matrix on vendor position and classification

13.3 Abbott Laboratories

Exhibit 127: Abbott Laboratories - Overview
Exhibit 128: Abbott Laboratories - Business segments
Exhibit 129: Abbott Laboratories - Key news
Exhibit 130: Abbott Laboratories - Key offerings
Exhibit 131: Abbott Laboratories - Segment focus

13.4 Agilent Technologies Inc.

Exhibit 132: Agilent Technologies Inc. - Overview
Exhibit 133: Agilent Technologies Inc. - Business segments
Exhibit 134: Agilent Technologies Inc. - Key news
Exhibit 135: Agilent Technologies Inc. - Key offerings
Exhibit 136: Agilent Technologies Inc. - Segment focus

13.5 Becton Dickinson and Co.

Exhibit 137: Becton Dickinson and Co. - Overview
Exhibit 138: Becton Dickinson and Co. - Business segments
Exhibit 139: Becton Dickinson and Co. - Key news
Exhibit 140: Becton Dickinson and Co. - Key offerings
Exhibit 141: Becton Dickinson and Co. - Segment focus

13.6 Bio Rad Laboratories Inc.

Exhibit 142: Bio Rad Laboratories Inc. - Overview
Exhibit 143: Bio Rad Laboratories Inc. - Business segments
Exhibit 144: Bio Rad Laboratories Inc. - Key news
Exhibit 145: Bio Rad Laboratories Inc. - Key offerings
Exhibit 146: Bio Rad Laboratories Inc. - Segment focus

13.7 Bruker Corp.

Exhibit 147: Bruker Corp. - Overview
Exhibit 148: Bruker Corp. - Business segments
Exhibit 149: Bruker Corp. - Key news
Exhibit 150: Bruker Corp. - Key offerings
Exhibit 151: Bruker Corp. - Segment focus

13.8 Charles River Laboratories International Inc.

Exhibit 152: Charles River Laboratories International Inc. - Overview
Exhibit 153: Charles River Laboratories International Inc. - Business segments
Exhibit 154: Charles River Laboratories International Inc. - Key news
Exhibit 155: Charles River Laboratories International Inc. - Key offerings
Exhibit 156: Charles River Laboratories International Inc. - Segment focus

13.9 Danaher Corp.

Exhibit 157: Danaher Corp. - Overview
Exhibit 158: Danaher Corp. - Business segments
Exhibit 159: Danaher Corp. - Key news
Exhibit 160: Danaher Corp. - Key offerings
Exhibit 161: Danaher Corp. - Segment focus

13.10 F. Hoffmann La Roche Ltd.

Exhibit 162: F. Hoffmann La Roche Ltd. - Overview
Exhibit 163: F. Hoffmann La Roche Ltd. - Business segments
Exhibit 164: F. Hoffmann La Roche Ltd. - Key news
Exhibit 165: F. Hoffmann La Roche Ltd. - Key offerings
Exhibit 166: F. Hoffmann La Roche Ltd. - Segment focus

13.11 Hologic Inc.

Exhibit 167: Hologic Inc. - Overview
Exhibit 168: Hologic Inc. - Business segments
Exhibit 169: Hologic Inc. - Key news
Exhibit 170: Hologic Inc. - Key offerings
Exhibit 171: Hologic Inc. - Segment focus

13.12 Institut Merieux

Exhibit 172: Institut Merieux - Overview
Exhibit 173: Institut Merieux - Product / Service
Exhibit 174: Institut Merieux - Key offerings

13.13 Merck KGaA

Exhibit 175: Merck KGaA - Overview
Exhibit 176: Merck KGaA - Business segments
Exhibit 177: Merck KGaA - Key news
Exhibit 178: Merck KGaA - Key offerings
Exhibit 179: Merck KGaA - Segment focus

13.14 Neogen Corp.

Exhibit 180: Neogen Corp. - Overview
Exhibit 181: Neogen Corp. - Business segments
Exhibit 182: Neogen Corp. - Key news
Exhibit 183: Neogen Corp. - Key offerings
Exhibit 184: Neogen Corp. - Segment focus

13.15 Sartorius AG

Exhibit 185: Sartorius AG - Overview
Exhibit 186: Sartorius AG - Business segments
Exhibit 187: Sartorius AG - Key news
Exhibit 188: Sartorius AG - Key offerings
Exhibit 189: Sartorius AG - Segment focus

13.16 Shimadzu Corp.

Exhibit 190: Shimadzu Corp. - Overview
Exhibit 191: Shimadzu Corp. - Business segments
Exhibit 192: Shimadzu Corp. - Key news
Exhibit 193: Shimadzu Corp. - Key offerings
Exhibit 194: Shimadzu Corp. - Segment focus

13.17 Thermo Fisher Scientific Inc.

Exhibit 195: Thermo Fisher Scientific Inc. - Overview
Exhibit 196: Thermo Fisher Scientific Inc. - Business segments
Exhibit 197: Thermo Fisher Scientific Inc. - Key news
Exhibit 198: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 199: Thermo Fisher Scientific Inc. - Segment focus

14 Appendix

14.1 Scope of the report

14.2 Inclusions and exclusions checklist

Exhibit 200: Inclusions checklist
Exhibit 201: Exclusions checklist

14.3 Currency conversion rates for US$

Exhibit 202: Currency conversion rates for US$

14.4 Research methodology

Exhibit 203: Research methodology
Exhibit 204: Validation techniques employed for market sizing
Exhibit 205: Information sources

14.5 List of abbreviations

Exhibit 206: List of abbreviations

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