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Microbial Identification Market Worth $1,194.1 Million by 2019 - New Report by MarketsandMarkets

(PRWEB) August 06, 2014

The Reports “Microbial Identification Market Products (Consumables, Instruments, Services), Methods (Phenotypic, Genotypic) Application (Pharmaceutical, Diagnostic, Environmental, Food & Beverages), End User (Detection, Characterization) - Global Forecasts to 2019” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Microbial Identification market along with the estimates and forecasts of the revenue and share analysis.

Browse 94 market data tables, 10 figures spread through 256 pages and in-depth TOC on “Microbial Identification Market Products (Consumables, Instruments, Services), Methods (Phenotypic, Genotypic) Application (Pharmaceutical, Diagnostic, Environmental, Food & Beverages), End User (Detection, Characterization) - Global Forecasts to 2019”.

Early buyers will receive 10% customization on report.

The global microbial identification market is estimated at $896.5 million in 2014 and is expected to reach $1,194.1 million by 2019, growing at a CAGR of 5.9% from 2014 to 2019.

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The report segments this market on the basis of products, methods, applications, end users, and geographies. Among various applications, human disease diagnosis is expected to account for the largest share in 2014, while the pharmaceutical applications is forecasted to be the fastest-growing segment in the microbial identification market. Factors such as high prevalence of infectious diseases, technological advancements in products, growing food safety concerns, government initiatives, and higher healthcare expenditure in the emerging geographies are driving the growth of the microbial identification market. Furthermore, owing to the collaborative working of various companies and continuous advancements in technologies, new and innovative products are being launched in the market which is another major factor providing impetus for the growth of this market.

Based on geography, the global microbial identification market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014.

The prominent players in the microbial identification market are bioMérieux SA (France), Bruker Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Siemens healthcare (Germany).

Browse Related Reports:
Human Identification Market by Technology (Next Generation Sequencing, Rapid DNA Analysis, Capillary Electrophoresis, PCR), Application (Forensics, Paternity Testing), DNA Amplification, Quantification, Extraction, Services, & Software - Forecast to 2018

Molecular Diagnostics Market by Application (Infectious Disease, Oncology, Genetics, Microbiology), Technology (PCR, INAAT, DNA Sequencing), End User (Hospital, Laboratories), Product (Instruments, Reagent, Service, Software) - Global Forecasts to 2018

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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