Market Overview:
The global microbiology reagent market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of infectious diseases, growing demand for rapid diagnosis, and rising awareness about advanced diagnostic techniques. Based on type, the microbiology reagent market can be segmented into testing reagents, staining reagents, culture media, antibiotic solutions, and others. The testing reagents segment is expected to account for the largest share of the global microbiology reagent market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to factors such as increasing demand for rapid diagnosis and rising awareness about advanced diagnostic techniques. Based on application, the microbiology reagent market can be divided into hospital laboratories, clinic laboratories/private labs., research laboratories/academic institutions), and others segments (point-of-care diagnostics). In terms of revenue share contribution,,the hospital laboratory applications are estimated dominate over other application segments by 2021 end with more than 50%. However; among all these applications clinics laboratory will witness highest CAGR due better reimbursement policies across globe followed by private clinical labs with moderate growth rates respectively .
Product Definition:
A microbiology reagent is a substance or mixture used to detect, measure, or study microorganisms. They are important because they allow for the identification and characterization of microorganisms.
Testing Reagent:
Reagents are substances introduced into a biological system in order to perform specific tests. Reagents are used for diagnostic purposes as well as for research and development studies. The reagent market is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries such as clinical laboratories, hospitals, blood banks, biobanks and academic institutes among others.
Staining Reagent:
Staining reagents are used for the detection of bacteria, cell structures and other related objects in a sample. Staining reagents come in different forms such as kits, liquids and powders. The most commonly used kit is the bacterial stain kit which includes special solutions to detect gram-positive & gram-negative bacteria. Some other common stains include yeast stain, fungal stain & parasite etc.
Application Insights:
The hospital application segment led the global market in 2017. The rising prevalence of chronic diseases and the growing need for advanced diagnostics are some of the key factors driving this segment. In addition, a rise in healthcare spending is expected to augment demand for microbiology reagents over the forecast period.
Clinical laboratory is estimated to be one of the fastest-growing segments during the study period owing to an increase in government-sponsored clinical testing programs and initiatives across various regions including North America and Europe. For instance, EU Clinical Laboratory Improvement Amendments (CLIA) Act was passed in November 2015 which requires all U.S.-based laboratories that perform drug tests or analyze DNA samples from patients who are referred by a doctor or receive medical services covered by Medicare or Medicaid to comply with federal safety regulations known as CLIA laws starting July 1, 2018.
Regional Analysis:
North America dominated the global market in 2017. This is due to the presence of a large number of key players, high adoption rate for advanced diagnostic technologies and rising government initiatives for disease prevention & control. For instance, in 2014 CDC launched an initiative named “10:3:1†which stands for 10 Steps to Prevention; 3 Essential Questions To Ask; and 1 Test That Can Save Lives. The test was designed to be used as a rapid diagnostic test during public health emergencies. Asia Pacific is expected to grow at the fastest pace over the forecast period owing to increasing awareness about various available tests, rising disposable income levels coupled with growing healthcare infrastructure & expenditure in this region especially in India and China are some factors driving regional growth.
Growth Factors:
- Increasing demand for rapid and accurate diagnostic tests: The Microbiology Reagent market is driven by the increasing demand for rapid and accurate diagnostic tests, which helps in the early diagnosis and treatment of diseases. This is due to the growing awareness among people about the importance of early diagnosis in preventing serious health complications.
- Technological advancements: The Microbiology Reagent market is witnessing significant technological advancements, which are helping to improve the accuracy and speed of diagnostic tests. This is resulting in an increase in adoption of these reagents by laboratories and hospitals worldwide.
- Rising prevalence of infectious diseases: The incidence of infectious diseases is on the rise globally, owing to factors such as changing lifestyles, environmental degradation, and global travel. This has led to an increase in demand for microbiology reagents for diagnosing these infections accurately and quickly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microbiology Reagent Market Research Report
By Type
Testing Reagent, Staining Reagent, Culture Medium, Antibiotic Solution, Others
By Application
Hospital, Clinic, Laboratory, Others
By Companies
Charles River, Apacor, HydraGene, Co. Ltd., GeneDireX, Inc., bioMérieux, ELITechGroup, i2a, Biological Industries, HyServe, Liofilchem, Biomed Diagnostics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Microbiology Reagent Market Report Segments:
The global Microbiology Reagent market is segmented on the basis of:
Types
Testing Reagent, Staining Reagent, Culture Medium, Antibiotic Solution, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Laboratory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Charles River
- Apacor
- HydraGene, Co. Ltd.
- GeneDireX, Inc.
- bioMérieux
- ELITechGroup
- i2a
- Biological Industries
- HyServe
- Liofilchem
- Biomed Diagnostics
Highlights of The Microbiology Reagent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Testing Reagent
- Staining Reagent
- Culture Medium
- Antibiotic Solution
- Others
- By Application:
- Hospital
- Clinic
- Laboratory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microbiology Reagent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microbiology reagent is a substance used in microbiology to identify and characterize microorganisms.
Some of the major players in the microbiology reagent market are Charles River, Apacor, HydraGene, Co. Ltd., GeneDireX, Inc., bioM©rieux, ELITechGroup, i2a, Biological Industries, HyServe, Liofilchem, Biomed Diagnostics.
The microbiology reagent market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microbiology Reagent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microbiology Reagent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microbiology Reagent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microbiology Reagent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microbiology Reagent Market Size & Forecast, 2020-2028
4.5.1 Microbiology Reagent Market Size and Y-o-Y Growth
4.5.2 Microbiology Reagent Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Testing Reagent
5.2.2 Staining Reagent
5.2.3 Culture Medium
5.2.4 Antibiotic Solution
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Laboratory
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microbiology Reagent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microbiology Reagent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Testing Reagent
9.6.2 Staining Reagent
9.6.3 Culture Medium
9.6.4 Antibiotic Solution
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Laboratory
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Testing Reagent
10.6.2 Staining Reagent
10.6.3 Culture Medium
10.6.4 Antibiotic Solution
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Laboratory
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Testing Reagent
11.6.2 Staining Reagent
11.6.3 Culture Medium
11.6.4 Antibiotic Solution
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Laboratory
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Testing Reagent
12.6.2 Staining Reagent
12.6.3 Culture Medium
12.6.4 Antibiotic Solution
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Laboratory
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Testing Reagent
13.6.2 Staining Reagent
13.6.3 Culture Medium
13.6.4 Antibiotic Solution
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Laboratory
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microbiology Reagent Market: Competitive Dashboard
14.2 Global Microbiology Reagent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Charles River
14.3.2 Apacor
14.3.3 HydraGene, Co. Ltd.
14.3.4 GeneDireX, Inc.
14.3.5 bioMérieux
14.3.6 ELITechGroup
14.3.7 i2a
14.3.8 Biological Industries
14.3.9 HyServe
14.3.10 Liofilchem
14.3.11 Biomed Diagnostics
