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Microbial Identification Market: Technological Advancements to Propel the Global Growth


(IT-NEWSWIRE.COM, March 20, 2017 ) Browse 94 market data tables, 10 figures spread through 256 pages and in-depth TOC on “Microbial Identification Market

Early buyers will receive 10% customization on this report.

Major Players:

The prominent players in the microbial identification market include Becton, Dickinson and Company, (U.S.), Biolog Inc. (U.S.), bioMérieux SA (France), Bruker Corporation (U.S.), Charles River Laboratories Inc. (U.S.), MIDI Inc. (U.S.), QIAGEN N.V. (Netherlands), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), Sigma-Aldrich Corporation (U.S.), and Thermo Fisher Scientific Inc. (U.S.).

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Geographical Analysis:

North America dominates the microbial identification market. However, the Asia-Pacific region is poised to grow at the highest CAGR during the forecast period owing to the government support and economic developments. Apart from this, factors such as governmental focus on antimicrobial resistance, bioterrorism surveillance, and focus on the emerging geographies are expected to provide the required impetus for the growth of this market.

Market Dynamics:

This growth is mainly attributed to the technological advancements in products, high prevalence of infectious diseases, growing food safety concerns, government initiatives, and higher healthcare expenditure in the emerging geographies.

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Furthermore, efforts of various players to provide innovative products by collaboration and high focus on research and development is likely to drive this market. However, a complex regulatory framework and high costing identification instruments are likely to hinder the growth of this market.

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

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