(Companies: Becton, Dickinnson and Company, Biomerieux , Danaher, Thermo Fisher Scientific and Abbott Laboratories)
The global microbiology diagnostic devices and equipment market was valued at about $4.4 billion in 2018. The North American market is the largest market for microbiology diagnostic devices and equipment.
The microbiology diagnostics devices and equipment market consists of sales of microbiology diagnostics devices and equipment and related services. Microbiology diagnostics devices and equipment are used to diagnose infectious diseases by examining pathogens. These instruments include incubators, autoclave sterilizers, anaerobic culture systems, blood culture systems, gram strainers, microscopes, mass spectrometers, molecular diagnostic instruments, reagents pathogen specific kits and general reagents.
The global microbiology diagnostic devices and equipment market is expected to grow to $4.52 billion at a rate of about 0.7% through 2022. Increasing funding of public and private investments in the medical devices is driving the growth of microbiology diagnostic devices market. Increasing investments indicates rising confidence of various private and public players on microbiology diagnostic devices thereby indicating a progressive increase and stimulating growth. For instance, the global medical device funding accounted for $4,804 million in 2014 and has raised to $6,133 million in 2017.
The increasing investments on digital health technologies, artificial intelligence and non-invasive monitoring capability, delivery of gene therapy and regenerative medicines technologies, and customized 3D printing of medical devices are expected to drive the microbiology diagnostic devices market.
Next Generation Sequencing (NGS) technologies are increasing their prevalence in the microbiology diagnostic devices market due to its cost effectiveness, sensitivity to detect low-frequency variants and comprehensive genomic coverage. Next Generation Sequencing (NGS) or high throughput sequencing or Massively Parallel Sequencing (MPS) is a method of sequencing genomes with an ability to sequence hundreds to thousands of genes or gene regions and capability to detect novel resistance genes (ARG) in bacteria. Some of the modern next generation sequencing technologies that help to sequence DNA and RNA include Illumina (Solexa) sequencing, Roche 454 sequencing, Ion torrent Proton / PGM sequencing, and SOLiD sequencing.
Major players in the market are Becton, Dickinnson and Company, Biomerieux , Danaher, Thermo Fisher Scientific and Abbott Laboratories. Thermo Fisher Scientific is an American biotechnology product development company located in Waltham, Massachusetts, and was created in 2006 by the merger of Thermo Electron and Fisher Scientific.
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Few Points from Table of Contents:
1. Executive Summary
2. Microbiology Diagnostics Devices And Equipment Market Characteristics
3. Microbiology Diagnostics Devices And Equipment Market Size And Growth
4. Microbiology Diagnostics Devices And Equipment Market Segmentation
5. Microbiology Diagnostics Devices And Equipment Market Regional And Country Analysis
6. Asia-Pacific Microbiology Diagnostics Devices And Equipment Market
7. China Microbiology Diagnostics Devices And Equipment Market
8. India Microbiology Diagnostics Devices And Equipment Market
9. Japan Microbiology Diagnostics Devices And Equipment Market
10. Australia Microbiology Diagnostics Devices And Equipment Market
11. Indonesia Microbiology Diagnostics Devices And Equipment Market
12. South Korea Microbiology Diagnostics Devices And Equipment Market
13. Western Europe Microbiology Diagnostics Devices And Equipment Market
14. UK Microbiology Diagnostics Devices And Equipment Market
15. Germany Microbiology Diagnostics Devices And Equipment Market
16. France Microbiology Diagnostics Devices And Equipment Market
17. Eastern Europe Microbiology Diagnostics Devices And Equipment Market
18. Russia Microbiology Diagnostics Devices And Equipment Market
19. North America Microbiology Diagnostics Devices And Equipment Market
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