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Global Microbial Identification Market to 2023 - High Demand for Microbiology Products in the Pharmaceutical Industry

DUBLIN, April 24, 2019 /PRNewswire/ -- The "Global Microbial Identification Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The microbial identification market will register a CAGR of almost 7% by 2023.

The growing demand for food safety testing is one of the key factors that will drive microbial identification market growth. The microbes from natural sources contaminate the food during the production and consumption resulting in foodborne illness.

Therefore, to overcome this situation microbial identification devices are used to check the quality of the food products launched in the market. As a result, the growing need for food safety testing will drive the growth of the global microbial identification market during the forecast period.

High demand for microbiology products in the pharmaceutical industry

One of the growth drivers of the global microbial identification market is the high demand for microbiology products in the pharmaceutical industry. The exploitation of microorganisms and the development of microorganism-based products play an important role in the manufacturing of vaccines, antibiotics, and insulins.

The limited shelf life of microbiology reagents

One of the challenges in the growth of the market is the limited shelf life of microbiology reagents. The shelf life of microbiology reagents depends upon the number of times they are exposed to atmospheric conditions. Hence, the short shelf life of microbiology reagents will hamper the market growth during the forecast period.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. Manufacturers are increasingly focusing on adopting microbial identification devices to ensure that the products are free of harmful microorganisms and are safe for consumer use.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • Charles River
  • Danaher
  • Merck KGaA
  • QIAGEN
  • Thermo Fisher Scientific Inc.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Healthcare industry - Market size and forecast 2018-2023
  • Food and beverage industry - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • RoW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Charles River
  • Danaher
  • Merck KGaA
  • QIAGEN
  • Thermo Fisher Scientific Inc.

For more information about this report visit https://www.researchandmarkets.com/r/j1o5v4

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SOURCE Research and Markets