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Automated Microbiology Market by End user and Geography - Forecast and Analysis 2020-2024

Automated Microbiology Market by End user and Geography - Forecast and Analysis 2020-2024

Published: Aug 2020 120 Pages SKU: IRTNTR43518

Market Overview at a Glance

$744.2 Mn
Market Opportunity
7.97%
CAGR
YoY growth 2018-2019(%)

The automated microbiology market size has the potential to grow by USD 744.20 mn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (Hospitals and diagnostic laboratories, Pharmaceutical and Biotechnology companies, and other end users) and geographic (North America, Europe, Asia, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Abbott Laboratories, Agilent Technologies Inc., Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., COPAN Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., and Zhuhai DL Biotech Co. Ltd.

Market Overview

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Market Competitive Analysis

The market is concentrated. Abbott Laboratories, Agilent Technologies Inc., Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., COPAN Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., and Zhuhai DL Biotech Co. Ltd. are some of the major market participants. Factors such as the increasing burden on microbiological laboratories will offer immense growth opportunities. However, high cost of automated microbiological systems, concerns related to installation, integration, and space availability, and the risk of prolonged downtime with automated microbiology systems may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this automated microbiology market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automated microbiology market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Abbott Laboratories
  • Agilent Technologies Inc.
  • Becton, Dickinson and Co.
  • bioMérieux SA
  • Bio-Rad Laboratories Inc.
  • COPAN Diagnostics Inc.
  • Danaher Corp.
  • F. Hoffmann-La Roche Ltd.
  • Thermo Fisher Scientific Inc.
  • Zhuhai DL Biotech Co. Ltd.

 

Automated Microbiology Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Asia will offer several growth opportunities to market vendors during the forecast period. The growth in the number of new product approval and launches will significantly influence the automated microbiology market's growth in this region.

40% of the market’s growth will originate from Asia during the forecast period. China and Japan are the key markets for automated microbiology market in Asia. This report provides an accurate prediction of the contribution of all segments to the growth of the automated microbiology market size.

Automated Microbiology Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will automated microbiology market growth during the next five years
  • Precise estimation of the automated microbiology market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automated microbiology industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automated microbiology market vendors

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Automated Microbiology Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2020-2024

USD 744.20 million

Market structure

Concentrated

YoY growth (%)

4.51

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Asia at 40%

Key consumer countries

US, Germany, China, France, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, Agilent Technologies Inc., Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., COPAN Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., and Zhuhai DL Biotech Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Hospitals and diagnostic laboratories - Market size and forecast 2019-2024
    • Pharmaceutical and Biotechnology companies - Market size and forecast 2019-2024
    • Other end users - Market size and forecast 2019-2024
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • Asia - Market size and forecast 2019-2024
      • ROW - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Abbott Laboratories
      • Agilent Technologies Inc.
      • bioMérieux SA
      • Bio-Rad Laboratories Inc.
      • COPAN Diagnostics Inc.
      • Danaher Corp.
      • F. Hoffmann-La Roche Ltd.
      • Thermo Fisher Scientific Inc.
      • Zhuhai DL Biotech Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Methodology

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Frequently Asked Questions

      Automated Microbiology market growth will increase by 744.20 million during 2019-2024 .

      The Automated Microbiology market is expected to grow at a CAGR of 7.97% during 2019-2024 .

      Automated Microbiology market is segmented by End user( Hospitals and diagnostic laboratories, Pharmaceutical and Biotechnology companies, Other end users) Geographic( North America, Europe, Asia, ROW)

      Abbott Laboratories, Agilent Technologies Inc., Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., COPAN Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Zhuhai DL Biotech Co. Ltd. are a few of the key vendors in the Automated Microbiology market.

      Asia will register the highest growth rate of 39.88% among the other regions. Therefore, the Automated Microbiology market in Asia is expected to garner significant business opportunities for the vendors during the forecast period.

      US, Germany, China, France, UK, Japan

      • Increasing burden on microbiological laboratories is the driving factor this market.

      The Automated Microbiology market vendors should focus on grabbing business opportunities from the Hospitals and diagnostic laboratories segment as it accounted for the largest market share in the base year.