The Microbiology Culture Market is expected to foresee significant growth. Asia-Pacific to lead the growth!
- Himanshu Patni
- April 28, 2022
- HEALTHCARE, NEWS
- Microbiology Culture Market, Microbiology Culture Market growth, Microbiology Culture Market share, Microbiology Culture Market size, Microbiology Culture Market trends
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Global microbiology culture market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 6% during the forecast period (2021-2027). Microbial culture is a basic diagnostic method used in molecular biology as a means of multiplying microbes. It has been widely used to select a particular organism or to determine how abundant it is within a specific sample pattern. Microbes are cultured on prearranged media under controlled lab conditions.
The growth of the microbiology culture can be attributed because of the rising population which directly impacts the food industry, dairy industry, and especially the biopharmaceutical industry. For instance, as per the world bank, in 2020, the population of the world was around 7.762 billion. In the same year, the rate of population growth was around 1.05% per year. Further, it has been estimated that the global population will reach 9 billion by 2037. This rapidly growing population is creating a huge demand for drugs, food, and dairy products which in turn is adding pace to the growth of the microbiology culture market.
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Furthermore, growing concerns regarding the safety of the feed supply provided to animals are expected to drive the microbiology culture market. Additionally, using microorganisms to enhance bioenergy reproducibility is expected to gain ground in the future microbiology & bacterial culture media and reagent market. This anticipated growth is attributed to the ongoing research and studies aimed at enhancing the application of microorganisms to bioenergy.
An increase in the prevalence of the Coronavirus has increased the number of patients in hospitals and clinics. For instance, as per the Worldometer statistics, almost 492,859,601 coronavirus cases and 6,179,303 deaths were reported as of April 5, 2022. Therefore, this has resulted in an increase in the diagnostic tests for the detection of coronavirus cases. Additionally, increasing occurrences of the COVID-19, vaccine across the globe have led to an increase in the demand for microbiology culture for diagnostic testing.
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Based on the media type, the microbiology culture market is fragmented into simple media, complex media, special media, and synthetic media. In 2020, the complex media segment grabbed a considerable market share and is expected to maintain its dominance throughout the forecast period. A complex media is comprised of partially digested yeast, beef, soy, and additional proteins, whose concentration and composition are unknown. In contrast to defined media, which grow picky bacteria well, complex media can be thought of as a crowd-pleaser, suitable for growing many different types of less picky microbes which in turn is driving the growth of this segment.
Based on culture type, the microbiology culture market is segmented into a bacterial culture and eukaryotic culture. The bacterial culture segment is the most commonly used presently and it is estimated to grow significantly in upcoming years as these cultures are frequently used in industries for disease research, food microbiology, etc.
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For a better understanding of the market, the report is analyzed based on different regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. The Asia Pacific will dominate the market on account of the rising research and development initiatives. In addition, the increasing presence of major pharmaceutical companies in the region coupled with their increasing focus on the research and development of new drugs is further expected to propel the market growth.
Microbiology Culture Market Segmentation
Market Insight, by Media Type
- Simple media
- Complex media
- Synthetic media
- Special media
Market Insight, by Culture Type
- Bacterial culture
- Eukaryotic culture
Market Insight, by Application
- Bioenergy & Agricultural Research
- Cosmetic Industry
- Pharmaceutical Industry
- Food & Dairy Industry
Market Insight, by Region
- North America Microbiology Culture Market
- Rest of North America
- Europe Microbiology Culture Market
- Rest of Europe
- Asia-Pacific Microbiology Culture Market
- South Korea
- Rest of Asia-Pacific
Top Company Profiles
- Becton, Dickinson, and Company
- BioMérieux S.A
- Bio-Rad Laboratories, Inc.
- Eiken Chemical Co, Ltd.
- EMD (Merck) Millipores
- Hi-Media Laboratories Pvt. Ltd.
- Neogen Corporation
- Sigma-Aldrich Co. LLC
- Scharlab S.L.
- Thermo Fisher Scientific, Inc.