A research report by MarkNtel Advisors on the Industrial Microbiology Market brings together an in-depth understanding of the industry exhibiting all the aspects influencing the expansion in the historical years (2017 to 2020), the scenario of the base year (2021), and estimates of the forecast years (2022 to 2027) across different geographies.
This analysis is an unbiased, accurate, and reliable source of information for the stakeholders to understand the key parameters influencing the industry, like growth drivers, challenges, restraints, and opportunities, among others. The stakeholders can also attain data on the current trends, recent developments, investments & strategies, among other elements shaping the market dynamics and projecting its growth pace over the years & in the future.
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| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 6.8% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, Russia | |
| Asia-Pacific: China, India, Japan, South East Asia, Australia | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa, Nigeria, Turkey, Egypt | |
| Key Companies Profiled | Thermo Fisher Scientific Inc., SSI Diagnostica, Sartorius AG, Novamed Ltd., Eppendorf AG, Becton Dickinson & Company, Bio-Rad Laboratories Inc., Sigma Aldrich, Biomerieux Industry, 3M, Asiagel Corporation, Others |
| Unit Denominations | USD Million/Billion |
Market Dynamic for Industrial Microbiology Industry
Growth Driver – Pharmaceutical companies depend heavily on microbiology owing to the growing innovation in novel drugs to treat various diseases. Increased R&D in clinical laboratories and the advent of rapid microbiological testing methods for vaccines & devices are the key drivers for the Global Industrial Microbiology Market through 2026.
Vaccines are required in large quantities due to the accelerating population & increasing number of diseases, which, in turn, has significantly boosted drug manufacturing worldwide. The US, Canada, India, & China are the leading pharmaceutical markets globally, with an immense demand for pharmaceutical products. China is one of the world’s leading producers & exporters of pharmaceutical products, owing to the increased R&D spending, technological advancements, & the growing prevalence of chronic diseases.
Upcoming Challenges – The production of microbial products & chemicals involves research processes & trials that have always been expensive procedures. It owes to the high costs associated with the installation of sterile & bioburden testing isolators required by all the end-user manufacturers to ensure that the product doesn’t contain any micro-organisms. Besides, the expensive procedures for developing reagents & consumables might also act as a prominent growth challenge for the industrial microbiology market in the coming years.
Segmentation Analysis
The report on the Industrial Microbiology Market entails a detail-oriented analysis of the key aspects driving the market expansion in different segmentation & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for their visibility, product portfolio, & customer base, alongside the massive revenue generation & profits in the coming years. The section incorporates analysis in sub-division covering aspects like trends, developments, demand & supply chain, and product/service pricing, among others, in detail. Below cited are the different segments in the report:
By Products
- Equipment & Systems
- Filtration Systems
- Microbial Detection
- Incubators & Culture Systems
- Air Monitoring Systems
- Sterilization Systems
- Others
- Consumables
- Media
- Rapid Detection Assays
- Reagents & Supplements
- Accessories
By Applications
- Pharmaceuticals
- Clinical Laboratories
- Food & Beverages
- Cosmetics
- Construction
- Agriculture & Environment
- Other
By End Users
- Biotechnology and Pharmaceutical Companies
- Commercial Quality Assurance
- Research Institution
- Industrial
- Regulatory Bodies
Market Geographical Data
On the geographical front, the Industrial Microbiology Market expands across the following region:
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Of all regions, North America is anticipated to dominate the market with the largest share during the forecast period, mainly due to the rapidly accelerating manufacturing of pharmaceuticals, healthcare systems, & laboratories across the region. For instance:
- Novartis Pharmaceuticals launched Beovu (brolucizumab injection) in Canada for the treatment of neovascular Age-related Macular Degeneration (AMD) in 2021. It would help Canadians get rid of this chronic disease responsible for vision loss for individuals..
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Covid-19 Impact on the Industrial Microbiology Industry
In 2020, the Covid-19 pandemic severely impacted the Global Industrial Microbiology Market by hampering the production of equipment & consumables utilized in industrial microbiology processes. It is because most companies involved in the healthcare sector were focused mainly on the development & approval of testing kits, rapid detection assays, and drugs & vaccines to reduce the impact of coronavirus.
As a result, the academic & industry? based laboratories investigating new industrial microbiology products & gene therapies got shut down or were compelled to reduce their activities. Due to project delays or cancellations and the inevitable increase in costs, funding agencies were struggling to manage the situation.
Report Table of Content
- Introduction
- Product Definition
- Research Process
- Market Segmentation
- Assumptions
- Preface
- Executive Summary
- Global Industrial Microbiology Market Overview
- Impact of COVID-19 on Global Industrial Microbiology Market
- Global Industrial Microbiology Market Trends & Insights
- Global Industrial Microbiology Market Dynamics
- Impact Analysis
- Drivers
- Challenges
- Global Industrial Microbiology Market Hotspots & Opportunities
- Global Industrial Microbiology Market Patent Analysis
- Global Industrial Microbiology Market Regulations, Policies & Standards
- Global Industrial Microbiology Market Supply Chain Analysis
- Global Industrial Microbiology Market Outlook, 2017-2027F
Competitive Landscape
The study on Industrial Microbiology Market brings together extensive research on the prominent players dominating the industry by rigorously profiling each company and their operations, product/service portfolio, mergers & acquisitions, expansion plans, recent developments, key strategies, and opportunities to attain higher profit margins. The leading players in the industry profiled in the report include the following:
- – Thermo Fisher Scientific Inc.
- – SSI Diagnostica
- – Sartorius AG
- – Novamed Ltd.
- – Eppendorf AG
- – Becton Dickinson & Company
- – Bio-Rad Laboratories Inc.
- – Sigma Aldrich
- – Biomerieux Industry
- – 3M
- – Asiagel Corporation
- – Others
We also offer customization services to the stakeholders on the Industrial Microbiology Market, exhibiting a comprehensive analysis of the industry. The report incorporates the relevant aspects curating the fundamentals underlying the market potential and helping the stakeholders to make informed decisions & investments in the industry.
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Key Reasons to Buy the Report:
- The report reflects the fluctuating dynamics of the industry by focusing on all the growth drivers, restraints, opportunities, and challenges, among others.
- The stakeholders can attain detail-driven, accurate, and reliable information about the ongoing trends & recent developments in the market, alongside the rise & fall of the industry across each segment in different geographies.
- Using the insights of the study, the reader also gets a perspective on the competitive landscape of the market, alongside the prominent strategies, initiatives, developments, mergers & acquisitions, among other dynamics of the players for their sustainability & higher profit margins in the industry.
- Upon the finances, the analysis also offers estimates on the investments made by the key players & governments of different countries amidst the changing market interface.
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