The global microbial identification market size is estimated to be USD 3.2 billion in 2020 and projected to reach USD 5.7 billion by 2025, at a CAGR of 12.2%. Growth in this market is largely driven by the rising incidence of infectious diseases and the increasing frequency of pandemics, technological advancements, increasing food safety concerns, and increasing government initiatives and funding to detect and control antimicrobial-resistant species.
Some of the leading players in the microbial identification market include bioMérieux SA (France), Becton, Dickinson and Company (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), Bruker Corporation (US), Shimadzu Corporation (Japan), QIAGEN NV (Netherlands), Avantor, Inc. (US), and Biolog, Inc. (US)
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bioMérieux SA (France)
bioMérieux was the leading player in the microbial identification market in 2019. The company provides a wide range of microbial identification products, including automated systems, consumables, and software & services. bioMérieux has adopted strategies such as acquisitions and product launches in the last three years to maintain its position in the microbial identification market. The company also has a major focus on launching new products in the field of microbial identification. Product innovation is one of the major goals of the company, and it launched several innovative products over the last three years.
Becton, Dickinson and Company (US)
BD ranked second in the microbial identification market in 2019. The company is a leading provider of microbial identification systems and offers a broad range of consumables such as panels, media, and kits. In the last three years, the company has mainly focused on product innovations and has launched several innovative products to sustain its leading position in the microbial identification market.
Microbial Identification Market by Product & Service (Instrument & Software, Consumable, Service), Method (Phenotypic, Proteomic), Technology (Mass Spectrometry, PCR), Application (Diagnostic, Food Testing), End User (Hospital) – Global Forecast to 2025
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