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. Major factors driving market revenue growth are increasing focus of error-free microbiological test results, rising adoption of automation technologies, growing need to minimize testing time, and major prevalence of infectious diseases globally. Automated microbiology is an advanced method used in microbiological research and development activities that delivers more efficient, accurate, and faster test results. This method automates critical processes such as isolation, detection, classification, and measurement of microorganisms in biological, ecological, and food sectors.
Automated microbiology applies different advanced diagnostic techniques such as DNA sequencing, DNA and RNA probe technology, immunoassays, monoclonal antibodies, and others.
Automated Microbiology Market Overview:
The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
Further key findings from the report suggest:
- In January 2021, HiMedia Laboratories launched an automated RNA extraction protocol. This kit allows researchers to process 96 samples in 11 minutes.
- 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.
- North America is expected to continue to register significant revenue growth over the forecast period. Rapid developments and advancements in molecular diagnostics and adoption of advanced technologies are some major factors driving revenue growth of the market in the region.
Top Companies Profiled in the Report 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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Product Outlook (Revenue, USD Billion; 2018-2028)
- Instruments
- Automated Culture Systems
- Microbiology Analyzers
- Reagents
Diagnostic Technology Outlook (Revenue, USD Billion; 2018-2028)
- DNA RNA Probe Technology
- DNA Sequencing
- Detection Techniques
- Non-Isotopic Methods
- Radioactive Methods
- Immunoassays
- Monoclonal Antibodies
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Clinical Laboratories
- Biotechnology Industries
- Others
Key Regional Markets Studied in the Report:
- North America (US, Canada)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
