Rising adoption of automation technology in clinical research is a key factor driving market revenue growth
New York, October 18, 2021 – The global automated microbiology market size is expected to reach USD 9.38 Billion in 2028 and register a CAGR of 8.9% over the forecast period, according to the latest report by Reports and Data. Robust market revenue growth can be attributed to rising adoption of automation technologies, growing need to minimize testing time and improve test accuracy, and major prevalence of infectious diseases globally. Automated microbiology is a method that automates critical testing processes such as isolation, detection, classification, and measurement of microorganisms in biological, ecological, and food sectors. Automation in microbiological research provides faster results with enhanced quality and accuracy. Faster results help in early detection of various diseases such as Ebola, chickenpox, smallpox, rubella, measles, mumps, influenza, and others.
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Automated microbiology process requires advanced instruments, automated culture systems, microbiology analyzers, and reagents. Reagents segment accounted for largest revenue share in the global market in 2020. This can be attributed to rising demand for reagents and increasing costs of specialized kits. Increasing investment by government and private investors in biological research, rising number of clinical laboratories in developing countries, and ongoing advancements in laboratory research technologies are some key factors expected to drive revenue growth of the global automated microbiology market throughout the forecast period.
Some Key Highlights From the Report:
- In November 2019, Becton, Dickinson and Company launched BD Kiestra IdentifA system. This solution prepares samples for microbial identification with high accuracy and efficiency.
- Monoclonal antibodies segment accounted for largest revenue share in the global market in 2020. This robust revenue share can be attributed to increasing use of monoclonal antibodies to generate clones of parent cells that are required to identify infected cells or diseases.
- Asia Pacific is expected to register a relatively faster revenue CAGR throughout the forecast period. This can be attributed to development of healthcare infrastructure and increasing investment by private investors and governments in biological research and development activities.
- Some major companies in the market include Becton Dickinson and Company, Bio-Rad Laboratories, Inc., bioMeriux, Inc., QIAGEN GmbH, Cepheid, Beckman Coulter, Agilent Technologies, Inc., Gene-Probe, Inc., Affymetrix, Inc., and Abbott Laboratories.
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For the purpose of this report, Reports and Data has segmented the automated microbiology market based on product, diagnostics technology, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018-2028)
- Automated Culture Systems
- Microbiology Analyzers
Diagnostic Technology Outlook (Revenue, USD Billion; 2018-2028)
- DNA & RNA Probe Technology
- DNA Sequencing
- Detection Techniques
- Non-Isotopic Methods
- Radioactive Methods
- Monoclonal Antibodies
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Clinical Laboratories
- Biotechnology Industries
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Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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