Global Microbial Testing Market 2018-2022
About Microbial Testing
Microbial testing is a process of identifying microbial contamination in samples of food and beverages, cosmetics, energy, environment, and drugs. The microbial testing technique employs biological, chemical, biochemical, or molecular methods to identify and quantify microbes.
Technavio’s analysts forecast the global microbial testing market to grow at a CAGR of 10.77% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global microbial testing market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Microbial Testing Market 2018-2022
Technavio recognizes the following companies as the key players in the global microbial testing market: Abbott, bioMérieux, Bio-Rad Laboratories, F. Hoffmann La Roche, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of new infectious diseases. Infectious diseases result in more number of deaths worldwide than any other single cause. For instance, 0.14% of the population had tuberculosis and .001% died from the disease in 2015. Over 94.82% of the tuberculosis-associated deaths occur in low- and middle-income countries. Infectious diseases are caused by pathogenic microorganisms such as viruses, bacteria, parasites, or fungi.”
According to the report, one driver in the market is rise in older adult population. Rise in median age due to increase in life expectancy is resulting in the growth in older adult population. This longevity is due to the shift in causes of death from fatal acute infections to chronic conditions like arthritis, diabetes, high cholesterol, and hypertension mainly due to changes in lifestyle.
Further, the report states that one challenge in the market is lack of skilled professionals. The use of microbial testing is increasing at a rapid rate. Carrying out efficient testing protocols requires efficient handling of equipment and tests that are complaint with regulatory bodies and GMP. However, with the global increase in disease burden and the increasing pressure on laboratories to produce test results in short TAT, laboratories tend to overlook certain rules and protocols.
Abbott, bioMérieux, Bio-Rad Laboratories, F. Hoffmann La Roche, and Thermo Fisher Scientific.
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