NEW YORK, Sept. 29, 2016 /PRNewswire/ -- Use this report to:
- Assess the global microbiology market through various sectors and geographical regions.
- Understand market dynamics, specifically growth inhibitors, drivers, and key product metrics within the microbiology sector.
- Identify growth opportunities available within the market, from culture plates and reagents to highly automated systems.
- Evaluate key patents, and profiles of leading microbiology consumables and equipment companies.
- The global market for microbiology technology, equipment and consumables reached $9.8 billion revenue in 2015. The market should reach nearly $12.3 billion by 2020, increasing at a compound annual growth rate (CAGR) of 4.6% from 2015 to 2020.
- Automation and technology as a segment reached nearly $3.7 billion in 2015, and should reach more than $4.9 billion in 2020, increasing at a CAGR of 6.1% from 2015 to 2020.
- The market for equipment reached $3.6 billion in 2015, and should reach over $4.1 billion in 2020, increasing at a CAGR of 2.8% from 2015 to 2020.
Introduction & Scope
STUDY GOALS AND OBJECTIVES
This report explores the broader microbiology industry, including forecast trends and sales through 2020. The key manufacturers, suppliers, users and factors such as demand are discussed. This analysis will identify the plethora of market opportunities throughout microbiology, from culture plates and reagents to highly automated systems. Most importantly, it looks at the product mix throughout the various sectors of the market, noting where key differences arise between sectors in product mix and product usage. This will be reflected in the focus on the particular sectors in which microbiology is used to support industry, the countries and regions involved, and the key product mixes within these sectors to highlight the unique challenges and opportunities within the market.
REASONS FOR DOING THE STUDY
Microbiology impacts the world greatly, mainly to treat major pandemics and common infections, and also affects the food people consume and the manufacture of key industrial products. The tools used to deal with microbiology are as varied as their myriad uses. The American Society of Microbiology is organized into 27 different sections to deal with the many issues concerning microbiology. Such a broad field requires a necessarily broad survey of the market opportunities and challenges that will arise in coming years.
This report reviews the opportunities available within the market, particularly throughout the various sector references. For example, the food industry relies on microbiology testing to ensure that food is safe to eat and drink, but it also uses it to produce key food products. The environmental industry regularly monitors microbial contamination in the environment, and it depends on microbiology to assist with cleanups. The pharmaceutical industry wants to keep its drugs safe from contamination and is responsible for developing the therapies needed to mitigate infections.
SCOPE OF REPORT
Suppliers of microbiology consumables and equipment are discussed in terms of market share, product types and geographic location. Certain consumables and equipment are almost universal to the microbiology market, but many tools are sector-specific, which this report will highlight the differences. This analysis, however, will not focus on antimicrobial compounds, both for pharmaceutical or sterilization purposes, and will instead focus on methods of microbial detection when applicable. In addition, this report will not provide a particular focus on the intersection of pharmaceuticals and microbiology, which is beyond the scope of our analysis.
The intended audience for this report includes professionals who work in fields that employ microbiology operations as part of revenue-generating activities, for example, scientific staff, quality control personnel, upper management, business development and marketing professionals. In addition, those who work in management and marketing for companies that provide supplies to other companies in the course of their microbiology work—manufacturers and marketers of microbiology consumables, equipment and high-tech industries that support microbiology applications—could also find use of this report.
This report was generated from numerous primary and secondary sources through the broader microbiology industry. Primary sources include interviews with people within different areas of the microbiology industry, with a particular focus on laboratory and operations personnel and management, as well as other executives and key thought leaders. Secondary sources include published literature from the microbiology field and the various subspecialties, investment and company reports, and information from industry media.
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