Microbiology Culture Market Size, Trends and Insights By Culture Type (Bacterial Culture, Eukaryotic Culture), By Media Type (Simple Media, Complex Media, Synthetic Media, Special Media), By Application (Food And Beverage, Pharmaceutical, Clinical, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Bio-Rad Laboratories Inc.
- Becton Dickinson and Company
- BioMerieux SA
- Others
Reports Description
Global Microbiology Culture Market was valued at USD 8.1 Billion in 2024 and is expected to reach USD 14.6 Billion by 2033, at a CAGR of 6.4% during the forecast period 2024 – 2033.
Microbiology culture is the technique of cultivating microorganisms including bacteria, fungus, and viruses in a controlled laboratory setting. This technique entails creating circumstances conducive to the development of certain microorganisms, such as temperature, pH, nutrients, and oxygen.
Microbiology Culture Market: Growth Factors
Increasing healthcare expenditure
Healthcare spending grows, and the need for diagnostic methods, such as microbiology cultures, reliably detect infectious illnesses. With additional resources assigned to healthcare services and infrastructure, medical centers may invest in modern microbiology culture methods and machinery, improving their diagnostic capabilities.
Furthermore, increased healthcare spending is frequently associated with greater access to healthcare services, resulting in higher rates of illness screening and diagnosis. Microbiology cultures are crucial for identifying illnesses, directing proper treatment decisions, and reducing disease transmission throughout ecosystems.
Furthermore, as economies grow and people age, chronic illnesses and immune-compromised ailments such as diabetes and cancer become more common. This demographic trend increases the demand for microbiological cultures to detect and control infections in susceptible patient populations.
In summary, the link between rising healthcare spending and increased demand for microbiological cultures emphasises the critical role that these diagnostic tools play in the provision of healthcare, controlling illnesses and public health initiatives. This tendency is projected to continue as healthcare expenditure rises worldwide.
Advancements in biotechnological process
Advances in biotechnological techniques have been critical in moving the microbiological culture industry ahead. These developments span a wide range of breakthroughs, including innovative culture medium formulations, sophisticated fermentation processes, and cutting-edge biopharmaceutical systems.
The creation of specialised culture medium adapted to the growth requirements of certain microorganisms has increased the effectiveness and precision of microbial cultivation, allowing researchers to isolate and investigate varied microbial strains more precisely.
Furthermore, developments in fermentation technology, such as the incorporation of computerised monitoring and control systems, have optimised microbial development conditions, resulting in increased yields of biomass and metabolites.
Moreover, the introduction of rapid screening methodologies and miniaturised bioreactor platforms has eased the process of screening and choosing microbial strains for diverse applications, including industrial biological production and pharmaceutical drug discovery. As demand for biotech developments and genetic sequencing activities grows, the sector expects a growth rate of 15.8% between 2021 and 2028.
Biotechnology is experiencing a worldwide transformation. The most prominent biotech advancements are personalised medicine, pharmacological research, artificial intelligence, big data, and genetic engineering.
Microbiology Culture Market: Restraints
High price of media
The high cost of media can stymie the microbiological culture business by limiting entrance for smaller laboratories and research center. These organisations could not afford the costly culture medium necessary for microbial growth and detection.
As a result, they may use alternate, less reliable procedures or restrict the breadth of their microbiological tests, limiting their capacity to undertake comprehensive research or provide complete diagnostic services. Moreover, high media prices might strain bigger institutions’ budgets, resulting in lower purchase volumes or limits on experimental designs.
This might eventually reduce the rate of scientific advancement and creative thinking in microbiology, since physicians and researchers may confront constraints in their capacity to obtain and use culture medium for researching organisms and producing new diagnostic techniques or treatments.
Microbiology Culture Market: Opportunities
Increasing utilization of bacterial cells in animal feed
The increased use of bacterial cells in animal feed testing is driving development in the microbiology culture industry. This development is the result of increased attention on assuring the safety and quality of animal feed, which is being pushed by worries about foodborne diseases and resistance to antibiotics.
Bacterial cells are essential components in microbiology testing procedures used to determine microbial contamination levels in animal feed samples. These tests are critical for detecting hazardous organisms like Salmonella, E. coli, and Listeria, which may pose serious health concerns to both animals and people if present in feed.
Furthermore, regulatory agencies enforce strict standards and rules that require microbiological testing of animal feed to protect animal health and assure compliance with food safety requirements. There is an increasing need for microbiological culture items, such as culture medium, reagents, and consumables, to support the expansion of testing laboratories and research institutions focused on animal feed quality.
This increased dependence on bacterial cells in animal feed testing highlights their critical role in propelling the microbiology culture industry forward. Recently, the use of quantitative PCR has enabled the molecular quantification of Salmonella in feeds, as well as the focused assessment of physiological and pathogenicity status based on the genes.
For instance, researchers assessed the expression levels of Salmonella virulence regulating gene hilA qPCR to not only identify live Salmonella in heat-treated feeds but also to show increasing levels of expression following exposure to higher conditions.
Microbiology Culture Market: Segmentation Analysis
Global Microbiology Culture market is segmented by culture type, media type, application, and region. Based on culture type, the market is classified into bacterial culture and eukaryotic culture. Bacterial Culture dominated the market in 2023 with a market share of 71.5% and is expected to keep its dominance during the forecast period 2024-2033.
Bacterial culture is a key driver of the microbiological culture market owing to its vast range of applications across the industry. Bacterial cultures are vital in medical microbiology for detecting infectious illnesses, directing choices regarding therapy, and monitoring antibiotic resistance.
Bacterial cultures are also used in the biotechnology and pharmaceutical sectors to produce antimicrobial agents, vaccinations, and therapeutic proteins via fermentation procedures. Furthermore, the food and beverage sector uses bacterial cultures to ferment milk and cheese, brew beer, and produce probiotics.
In addition, ecological microbiology makes use of bacterial cultures to research microbial diversity, biological remediation, and soil and water quality monitoring.
Based on the media type, the market is classified into simple media, complex media, synthetic media and special media. Simple Media dominated the market in 2023 with a market share of 38.5% and is expected to keep its dominance during the forecast period 2024-2033.
Simple media, which are easy to prepare and cost-effective, are driving the microbiological culture industry. These media formulations, which are often made up of basic nutrients like peptones, agar, and salts, are chosen by labs and research organizations for regular microbial culture and identification.
Their simplicity enables rapid preparation and sterilization, lowering turnaround time and labour costs involved with culture preparation. Furthermore, simple media promote the growth of a diverse spectrum of microorganisms, which makes them useful for clinical diagnostics, pharmaceutical research, food safety evaluation, and surveillance of the environment.
As institutions seek efficient and cost-effective solutions while maintaining quality, the need for simple medium grows, moving the microbiology culture market forward.
Based on application, the market is classified into food and beverage, pharmaceutical, clinical and others. Food and beverage dominated the market in 2023 with a market share of 46.8% and is expected to keep its dominance during the forecast period 2024-2033.
The food and beverage sector is a major driver of the microbiological culture market owing to severe quality and safety requirements, rising consumer desire for natural and less processed goods, and the necessity for effective preservation and fermentation processes.
Microbiology cultures play an important part in food and beverage manufacturing by promoting processes including fermentation, flavour creation, preservation, and texture improvement. These cultures contain helpful microorganisms such as yeast, bacteria, and moulds, which help to improve the taste and texture of a variety of food and beverage items such as yoghurt, cheese, beer, wine, and sourdough bread.
Furthermore, as consumers are conscious of their health and seek items with probiotic advantages, there is an increasing demand for microbiological cultures in multifunctional food and beverages.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 8.1 Billion |
Projected Market Size in 2033 | USD 14.6 Billion |
Market Size in 2023 | USD 7.8 Billion |
CAGR Growth Rate | 6.4% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Culture Type, Media Type, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Microbiology Culture Market: Regional Insight
By region, Microbiology Culture market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global Microbiology Culture market in 2023 with a market share of 40.6% and is expected to keep its dominance during the forecast period 2024-2033.
The Asia Pacific fast industrialization and urbanisation in India, China, and Southeast Asian countries have resulted in increasing demand for microbiological culture products in a variety of industries, including pharmaceuticals, food and beverages, and healthcare.
Furthermore, rising awareness of hygiene and food safety regulations has increased the demand for microbiological testing and quality control procedures in the region’s food sector, accelerating market expansion.
Furthermore, the existence of a large population base and growing healthcare spending have increased demand for microbiological culture goods for illness evaluation, investigations, and the development of innovative therapies, resulting in a market rise in Asia Pacific.
Moreover, advances in biotechnology and increased expenditures in life sciences research throughout the region help to drive expansion and creativity in the microbiological culture market.
Microbiology Culture Market: Recent Developments
- In November 2023, London Health Sciences Centre and St. Joseph’s Heath Care London installed a Total Laboratory Automation (TLA) system in the clinical microbiology laboratories. The novel and automated technologies will aid highly qualified laboratory experts, increase lab capacity, and improve advanced infectious disease detection capabilities.
- In May 2023, Merck, a leading science and technology company, announced an investment of USD 35 million in biosafety testing at its Glasgow and Stirling sites, in Scotland. Biosafety testing is an essential phase in the medication research and manufacturing process, ensuring that pharmaceuticals are safe, effective, and satisfy regulatory standards.
- In October 2021, Microbiology laboratory automation firm Clever Culture Systems signed an exclusive distribution agreement for its APAS autonomy automated culture screening and interpreting system in the U.S. with Remel, a division of Thermo Fisher Scientific.
List of the prominent players in the Microbiology Culture Market:
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Bio-Rad Laboratories Inc.
- Becton Dickinson and Company
- BioMerieux SA
- Danaher Corporation
- Neogen Corporation
- HiMedia Laboratories
- Hardy Diagnostics
- Scharlab S.L.
- Eiken Chemical Co. Ltd.
- Sartorius AG
- Liofilchem s.r.l.
- Microbiologics Inc.
- QIAGEN N.V.
- Oxoid Limited
- VWR International LLC
- Nissui Pharmaceutical Co. Ltd.
- Himedia Laboratories Pvt. Ltd.
- Carolina Biological Supply Company
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Microbiology Culture Market is segmented as follows:
By Culture Type
- Bacterial Culture
- Eukaryotic Culture
By Media Type
- Simple Media
- Complex Media
- Synthetic Media
- Special Media
By Application
- Food And Beverage
- Pharmaceutical
- Clinical
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Microbiology Culture Market, (2024 – 2033) (USD Billion)
- 2.2 Global Microbiology Culture Market: snapshot
- Chapter 3. Global Microbiology Culture Market – Industry Analysis
- 3.1 Microbiology Culture Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing healthcare expenditure
- 3.2.2 Advancements in Biotechnological Process
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Culture Type
- 3.7.2 Market Attractiveness Analysis By Media Type
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global Microbiology Culture Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Microbiology Culture Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Microbiology Culture Market – Culture Type Analysis
- 5.1 Global Microbiology Culture Market Overview: By Culture Type
- 5.1.1 Global Microbiology Culture Market Share, By Culture Type, 2023 and 2033
- 5.2 Bacterial Culture
- 5.2.1 Global Microbiology Culture Market by Bacterial Culture, 2024 – 2033 (USD Billion)
- 5.3 Eukaryotic Culture
- 5.3.1 Global Microbiology Culture Market by Eukaryotic Culture, 2024 – 2033 (USD Billion)
- 5.1 Global Microbiology Culture Market Overview: By Culture Type
- Chapter 6. Global Microbiology Culture Market – Media Type Analysis
- 6.1 Global Microbiology Culture Market Overview: By Media Type
- 6.1.1 Global Microbiology Culture Market Share, By Media Type, 2023 and 2033
- 6.2 Simple Media
- 6.2.1 Global Microbiology Culture Market by Simple Media, 2024 – 2033 (USD Billion)
- 6.3 Complex Media
- 6.3.1 Global Microbiology Culture Market by Complex Media, 2024 – 2033 (USD Billion)
- 6.4 Synthetic Media
- 6.4.1 Global Microbiology Culture Market by Synthetic Media, 2024 – 2033 (USD Billion)
- 6.5 Special Media
- 6.5.1 Global Microbiology Culture Market by Special Media, 2024 – 2033 (USD Billion)
- 6.1 Global Microbiology Culture Market Overview: By Media Type
- Chapter 7. Global Microbiology Culture Market – Application Analysis
- 7.1 Global Microbiology Culture Market Overview: By Application
- 7.1.1 Global Microbiology Culture Market Share, By Application, 2023 and 2033
- 7.2 Food And Beverage
- 7.2.1 Global Microbiology Culture Market by Food And Beverage, 2024 – 2033 (USD Billion)
- 7.3 Pharmaceutical
- 7.3.1 Global Microbiology Culture Market by Pharmaceutical, 2024 – 2033 (USD Billion)
- 7.4 Clinical
- 7.4.1 Global Microbiology Culture Market by Clinical, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Microbiology Culture Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Microbiology Culture Market Overview: By Application
- Chapter 8. Microbiology Culture Market – Regional Analysis
- 8.1 Global Microbiology Culture Market Regional Overview
- 8.2 Global Microbiology Culture Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Microbiology Culture Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.4 North America Microbiology Culture Market, by Culture Type, 2024 – 2033
- 8.4.1 North America Microbiology Culture Market, by Culture Type, 2024 – 2033 (USD Billion)
- 8.5 North America Microbiology Culture Market, by Media Type, 2024 – 2033
- 8.5.1 North America Microbiology Culture Market, by Media Type, 2024 – 2033 (USD Billion)
- 8.6 North America Microbiology Culture Market, by Application, 2024 – 2033
- 8.6.1 North America Microbiology Culture Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Microbiology Culture Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Microbiology Culture Market, by Culture Type, 2024 – 2033
- 8.8.1 Europe Microbiology Culture Market, by Culture Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Microbiology Culture Market, by Media Type, 2024 – 2033
- 8.9.1 Europe Microbiology Culture Market, by Media Type, 2024 – 2033 (USD Billion)
- 8.10 Europe Microbiology Culture Market, by Application, 2024 – 2033
- 8.10.1 Europe Microbiology Culture Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Microbiology Culture Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Microbiology Culture Market, by Culture Type, 2024 – 2033
- 8.12.1 Asia Pacific Microbiology Culture Market, by Culture Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Microbiology Culture Market, by Media Type, 2024 – 2033
- 8.13.1 Asia Pacific Microbiology Culture Market, by Media Type, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Microbiology Culture Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Microbiology Culture Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Microbiology Culture Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Microbiology Culture Market, by Culture Type, 2024 – 2033
- 8.16.1 Latin America Microbiology Culture Market, by Culture Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Microbiology Culture Market, by Media Type, 2024 – 2033
- 8.17.1 Latin America Microbiology Culture Market, by Media Type, 2024 – 2033 (USD Billion)
- 8.18 Latin America Microbiology Culture Market, by Application, 2024 – 2033
- 8.18.1 Latin America Microbiology Culture Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Microbiology Culture Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Microbiology Culture Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Microbiology Culture Market, by Culture Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Microbiology Culture Market, by Culture Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Microbiology Culture Market, by Media Type, 2024 – 2033
- 8.21.1 The Middle-East and Africa Microbiology Culture Market, by Media Type, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Microbiology Culture Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Microbiology Culture Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Thermo Fisher Scientific Inc.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Merck KGaA
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Bio-Rad Laboratories Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Becton Dickinson and Company
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 BioMerieux SA
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Danaher Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Neogen Corporation
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 HiMedia Laboratories
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Hardy Diagnostics
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Scharlab S.L.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Eiken Chemical Co. Ltd.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Sartorius AG
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Liofilchem s.r.l.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Microbiologics Inc.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 QIAGEN N.V.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Oxoid Limited
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 VWR International LLC
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Nissui Pharmaceutical Co. Ltd.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Himedia Laboratories Pvt. Ltd.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Carolina Biological Supply Company
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Thermo Fisher Scientific Inc.
List Of Figures
Figures No 1 to 26
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Bio-Rad Laboratories Inc.
- Becton Dickinson and Company
- BioMerieux SA
- Danaher Corporation
- Neogen Corporation
- HiMedia Laboratories
- Hardy Diagnostics
- Scharlab S.L.
- Eiken Chemical Co. Ltd.
- Sartorius AG
- Liofilchem s.r.l.
- Microbiologics Inc.
- QIAGEN N.V.
- Oxoid Limited
- VWR International LLC
- Nissui Pharmaceutical Co. Ltd.
- Himedia Laboratories Pvt. Ltd.
- Carolina Biological Supply Company
- Others
FAQs
The major driver for the Microbiology Culture market is increasing healthcare expenditure and advancements in biotechnological process.
The “Food And Beverage” had the largest share in the global market for Microbiology Culture.
The “Bacterial Culture” category dominated the market in 2023.
The key players in the market are Thermo Fisher Scientific Inc., Merck KGaA, Bio-Rad Laboratories Inc., Becton Dickinson and Company, BioMerieux SA, Danaher Corporation , Neogen Corporation, HiMedia Laboratories, Hardy Diagnostics, Scharlab S.L., Eiken Chemical Co. Ltd., Sartorius AG, Liofilchem s.r.l., Microbiologics Inc., QIAGEN N.V., Oxoid Limited , VWR International LLC, Nissui Pharmaceutical Co. Ltd., Himedia Laboratories Pvt. Ltd., Carolina Biological Supply Company, Others.
“Asia-Pacific” had the largest share in the Microbiology Culture Market.
The global market is projected to grow at a CAGR of 6.4% during the forecast period, 2024-2033.
The Microbiology Culture Market size was valued at USD 8.1 Billion in 2024.