Microbial Identification Panels Market: Introduction

  • Microbial identification is the determination of whether an organism should be placed in a group of organisms which is known to fit within some classification scheme. It is possible for an experienced microbiologist to identify a microorganism on a standard agar by its visual appearance. However, such methods are no substitute for a standard identification method and are generally unreliable.
  • Accurate and definitive microorganism identification, including bacterial identification and pathogen detection, is essential for correct diagnosis of disease, infection treatment, and tracing back of disease outbreaks related with microbial infections. The microbial identification technique is quite important, as microbes can easily contaminate production facilities, raw materials, and products. It has outperformed the conventional culture-based methods, which are considered to be slow and have high risk of error. Microbial identification is used in various applications such as criminal investigation, microbial forensics, environmental studies, and bio-terrorism threats.

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Key Drivers and Restraints of Global Microbial Identification Panels Market

  • Rise in prevalence of infectious diseases and increase in food safety concerns are the major factors boosting the growth of the global microbial identification panels market
  • According to the CDC, the number of emergency department visits with infectious and parasitic diseases as the primary diagnosis stood at 3.7 million in the U.S. in 2016
  • Rise in usage of microorganisms for industrial applications, increase in technological advancements associated with microbial identification panels, and surge in initiatives by governments are expected to fuel the growth of the global microbial identification panels market
  • However, high cost associated with microbial identification equipment and consumables are anticipated to restrain the microbial identification panels market

Strategies Adopted by Key Players and Emerging Economies to Offer Attractive Opportunities

  • Companies operating in the global microbial identification panels market focus on catering to the needs of the medical community and patient population through introduction of novel products and technologies. Leading players emphasize on research & developmental activities and engage in acquisitions, mergers, and collaborations to strengthen their positions in the global market.
  • For instance, in 2017, OpGen signed a supply agreement with Thermo Fisher Scientific to combine its Acuitas Rapid Test for Pathogen ID with Thermo Fisher's real-time PCR solutions
  • In April 2017, Bruker Corporation introduced new clinical microbiology assays and consumables kits to enhance the MALDI Biotyper (MBT) platform at the 27th European Congress of Clinical Microbiology and Infectious Diseases (ECCMID). The company also introduced novel, real-time PCR assays and kits for fast molecular testing of invasive aspergillosis and carbapenem resistance.
  • In January 2017, Merck KGaA, a leading life science and technology company, announced the acquisition of BioControl Systems, Inc., a global leader in food safety testing. The acquisition opened growth opportunities for Merck in the food and beverage space, particularly in the U.S.
  • Emerging economies present lucrative opportunities in the microbial identification panels market owing to increase in patient population, surge in infectious diseases, and rise in initiatives by governments in the health care sector

North America to Account for Major Share of Global Microbial Identification Panels Market

  • North America is projected to account for leading share of the global microbial identification panels market due to increase in health awareness, rise in patient population, well-established health care infrastructure, increase in technological advancements, surge in research & developmental activities, and presence of key players
  • The microbial identification panels market in Asia Pacific is projected to grow at a rapid pace during the forecast period. This is attributed to increase in incidence of infectious diseases, rise in initiatives by governments in the health care sector, and surge in interest of key players in expanding market presence in the region.

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Key Players Operating in Global Microbial Identification Panels Market

Leading players in the global microbial identification panels market focus on research & development activities and technological advancements. Competitors also emphasize on various growth strategies including mergers, acquisitions, product advancements, product launches & approvals, partnerships, and collaborations. Key players operating in the global microbial identification panels market are:

  • Becton, Dickinson and Company
  • Thermo Fisher Scientific
  • Danaher Corporation
  • bioMérieux SA
  • Merck KGaA
  • Charles River Laboratories
  • Bruker Corporation
  • VWR International, LLC.
  • Eurofins Scientific
  • Shimadzu Corporation

Global Microbial Identification Panels Market: Research Scope

Global Microbial Identification Panels Market, by Product & Services

  • Instruments
    • Automated Microbial Identification Systems
    • Mass Spectrometers
    • PCR
    • Others
  • Consumables
    • Plates & Media
    • Reagents & Kits
    • Others
  • Software & Services

Global Microbial Identification Panels Market, by Patient Monitoring Type

  • Phenotypic
  • Genotypic
    • Sanger Sequencing
    • Next-generation Sequencing (NGS)
      • 16S/18S/ Internal Transcribed Spacer (ITS) rRNA Sequencing
      • Metagenomics Sequencing
      • Antimicrobial Resistance Testing
      • Others
  • MALDI-TOF

Global Microbial Identification Panels Market, by End-user

  • Hospitals & Diagnostics Laboratories
  • Pharmaceutical Companies
  • Others

 Global Microbial Identification Panels Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

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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Microbial Identification Panels Market

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