Global Microbial Identification Market Size & Outlook
Global microbial identification market, 2018-2030 (US$M)
Related Markets
Global microbial identification market highlights
- The global microbial identification market generated a revenue of USD 3,664.9 million in 2023 and is expected to reach USD 7,947.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.7% by 2030.
- In terms of segment, consumables accounted for a revenue of USD 1,338.1 million in 2023.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,664.9 million |
| Market revenue in 2030 | USD 7,947.0 million |
| Growth rate | 11.7% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software & Services |
Other key industry trends
- In terms of revenue, the North America accounted for 38.2% of the global microbial identification market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 22.2 million by 2030.
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Microbial Identification Market Scope
Microbial Identification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microbial identification market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbial identification market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 36.51% in 2023. Horizon Databook has segmented the Global microbial identification market based on instruments, consumables, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microbial Identification Product & Services Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Mass Spectrometers
- PCR Systems
- Microarrays
- Others
- Consumables
- Reagents & Kits
- Plates & Media
- Software & Services
- Identification Services
- Culture Collection Services
- Assay Validation Services
- Instruments
- Global Microbial Identification Technology Outlook (Revenue, USD Million, 2018-2030)
- Mass Spectrometry
- PCR
- Microarrays
- Next Generation Sequencing
- Others
- Global Microbial Identification Method Outlook (Revenue, USD Million, 2018-2030)
- Phenotypic Methods
- Genotypic Methods
- Proteotypic Methods
- Global Microbial Identification Application Outlook (Revenue, USD Million, 2018-2030)
- Clinical Diagnostics
- Pharmaceuticals
- Food & Beverage Testing
- Environmental Application
- Others
- Global Microbial Identification End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biotechnology Companies
- Hospitals and Diagnostic Laboratories
- Food Testing Laboratories
- Others
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Target buyers of Global microbial identification market databook
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Our clientele includes a mix of microbial identification market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global microbial identification market , including forecasts for subscribers. This global databook contains high-level insights into Global microbial identification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microbial identification market size, by regions, 2018-2030 (US$M)
Top 10 countries: Microbial identification market size, 2023 (US$M)
Global microbial identification market share, by product & services, 2023 & 2030 (%, US$M)
Microbial identification market: Opportunity assessment by country
Global microbial identification market, by region, 2023 (US$M)
| Product & Services | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 796.5 | 882.5 | 1,001.7 | 1,286.9 | 1,360.4 | 1,401.7 | 1,562.0 | 1,741.5 | 1,944.7 | 2,170.1 | 2,424.4 | 2,709.6 | 3,023.9 | 11.6% |
| Europe | 613.5 | 681.3 | 775.0 | 998.1 | 1,057.7 | 1,092.0 | 1,219.3 | 1,362.7 | 1,524.7 | 1,707.3 | 1,911.9 | 2,142.4 | 2,400.6 | 11.9% |
| Asia Pacific | 374.8 | 397.3 | 432.4 | 534.1 | 544.0 | 545.0 | 595.2 | 657.4 | 730.6 | 822.8 | 934.3 | 1,072.2 | 1,250.6 | 12.6% |
| Latin America | 265.7 | 293.5 | 332.0 | 425.0 | 447.2 | 459.0 | 509.3 | 564.0 | 625.2 | 693.6 | 770.7 | 856.5 | 950.7 | 11.0% |
| MEA | 97.5 | 107.5 | 121.4 | 154.9 | 163.1 | 167.2 | 183.9 | 202.2 | 222.2 | 244.0 | 267.8 | 293.3 | 321.2 | 9.8% |
| Overall | 2,148.0 | 2,362.1 | 2,662.4 | 3,399.1 | 3,572.5 | 3,664.9 | 4,069.6 | 4,527.9 | 5,047.5 | 5,637.8 | 6,309.1 | 7,074.0 | 7,947.0 | 11.7% |
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