Global Automated Microbiology Market: Overview

Automated microbiology is an advanced technique in the field of microbiology that enables the delivery of more accurate and quicker results. The advent of automation in microbiology is likely to boost productivity, reliability, and efficiency in molecular testing. The expertise of professionals that was previously engaged in repetitive tasks can now be directed in more important areas.

Based on end users, the global market for automated microbiology can be segmented into biotechnology industries and clinical laboratories. By diagnostic technologies, detection techniques, DNA sequencing, monoclonal antibodies, DNA and RNA probe technology, and immunoassays are some of the major segments. The detection techniques can be further classified into non-isotopic and radioactive methods. The DNA and RNA probe technology segment includes amplification methods and labeling techniques.

The report offers a succinct overview of the overall market landscape. The key challenges, growth drivers, recent developments, and growth opportunities in the global market for automated microbiology have been analyzed in the report. The Porter’s Five Force analysis is leveraged to assess the level of competition among the players. The market size, value chain analysis, market attractiveness, and technological advancements pertaining to the market have also been studied.

Global Automated Microbiology Market: Trends and Opportunities

The increasing demand for laboratory testing and the dearth of labor in the field of lab testing have been driving the growth of the global market for automated microbiology. The switch to liquid-based microbiology is one of the most influential technological innovations in the area of microbiology. Additionally, the rising number of patients who receive indwelling devices, which might lead to infection, has triggered the need for laboratory services. The aging workforce in laboratory testing, greater demand for high quality laboratory services, and increasing necessity of timely results will bring about the expansion of the global market for automated microbiology over the forthcoming period.

On the other hand, the hefty price tags and large footprints of these systems might hinder the growth of the market. The inadequate number of skilled professionals to handle these systems is another key restraint faced by the global market for automated microbiology. However, the emergence of new technologies such as liquid transport media, mass spectrometry, automated identification and susceptibility systems, and molecular techniques might lead to greater standardization of this technology, ensuring the market’s growth.

New systems are increasingly being developed by leading companies to amplify their profit in the automated microbiology market. For instance, in April 2017, bioMérieux, a leading company offering in vitro diagnostics solutions, announced that it received the approval of the U.S. Food and Drug Administration (FDA) for its innovative, fully automated blood culture system. With BacT/ALERT® VIRTUO™, personnel of any skill level can handle the loading of bottles on the instrument, offering reduced hands-on time and quick incubation. The new system also features superior optics, high thermal stability, and powerful proprietary algorithms.

Global Automated Microbiology Market: Regional Outlook

By geography, the global market for automated microbiology has been segmented into Asia Pacific, Europe, North America, and the Rest of the World (RoW). North America is likely to emerge at the fore, driven by increasing incidence of diseases and disorders leading to a greater need for laboratory tests. The U.S. and Canada are likely to represent a significant portion of the market in North America. Europe will also register steady growth. The growing geriatric population and the high disposable incomes of the people in Europe and North America have been aiding the growth of the automated microbiology market in these regions.

Emerging economies such as Africa, Latin America, and Asia Pacific are slated for substantial growth during the forecast period. With the growing healthcare expenditures, supportive government initiatives, advancement of technology, and a stupendous patient pool, the automated microbiology market in these regions is likely to reach new heights. In October 2015, for instance, the first state-of-the-art automated microbiology laboratory was set up in Durban, Africa. This development brought the region one step closer to revolutionized patient diagnosis.

Companies mentioned in the research report

Beckman Coulter, Bio-Rad Laboratories, Inc., Affymetrix, Inc., Abbott Laboratories, bioMeriux, Inc., and Agilent Technologies, Inc. are some leading players operating in the global market for automated microbiology.

Key segments of the Global Automated Microbiology Market

  • Global Automated Microbiology Market, by Diagnostic Technologies
    • DNA Sequencing
    • DNA and RNA Probe Technology
      • Labeling Techniques
      • Amplification Methods
      • Others
    • Detection Techniques
      • Radioactive Methods
      • Non-Isotopic Methods
      • Monoclonal Antibodies
      • Immunoassays
      • Others
  • Global Automated Microbiology Market, by End User
    • Clinical Laboratories
    • Biotechnology Industries
    • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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