With rapid technological advancements, microbial identification methods all over the world are becoming more accurate and faster than traditional assays every year. These methods are highly cost-effective and offer high throughput time. For example, the MALDI-TOF method is a very popular method, on account of its ability to provide faster results and its minimal consumable requirements. Besides rapid technological innovations, the growing prevalence of various infectious diseases is also fueling the demand for microbial identification processes across the world.
Hepatitis, measles, and tuberculosis are some of the highly prevalent infectious diseases around the world. These diseases are mainly caused by pathogenic microorganisms such as viruses and bacteria. Moreover, the microbial identification products are used heavily in hospitals and various other healthcare facilities for quickly diagnosing these diseases in order to provide better patient care. Additionally, the increasing concerns being raised in several countries over food contamination are also pushing up the demand for microbial identification processes.
Depending on end users, the microbial identification market is divided into pharmaceutical and biotech companies, hospitals, food, water, and beverage manufacturers, government environmental agencies, research laboratories, and blood banks categories. As per the findings of P&S Intelligence, a market research company based in India, the hospitals category is currently recording the highest growth in the market. Furthermore, this category is predicted to demonstrate huge expansion in the market in the forthcoming years.
Geographically, the microbial identification market is predicted to exhibit the fastest growth in the Asia-Pacific (APAC) region in the coming years. This will be because of the growing requirement for microbial identification products in the regional countries such as India, China, and Japan. Furthermore, the mushrooming requirement for these products in the blood banks, research institutes, and biotechnology and pharmaceutical companies is massively boosting the demand for microbial identification methods in this region.
Hence, it is safe to say that the demand for microbial identification methods and products will soar all over the world in the upcoming years, primarily because of their growing requirement in various healthcare facilities and research organizations and the rising prevalence of infectious diseases.
Browse detailed report with COVID-19 impact analysis at Microbial Identification Market Research Report