SEATTLE--(BUSINESS WIRE)--According to Coherent Market Insights, the South East Asia and South Asia industrial microbiology market is estimated to be valued at US$ 626.4 million in 2020 and is expected to exhibit a CAGR of 6.0% during the forecast period (2020-2027).
Key Trends and Analysis of the South East Asia and South Asia Industrial Microbiology Market:
Key trends in the market include increasing use of microbiologic excipients as pharmaceutical excipients. This application is expected to offer lucrative growth opportunities for players in the market. Microbiologic excipients such as anionic polysaccharide, commonly known as alginates, are used as disintegrating agent in tablets and thickening and stabilizing agent in pharmaceutical suspensions and emulsions.
Moreover, increasing adoption of inorganic growth strategies by key players is driving the growth of South East Asia and South Asia industrial microbiology market. For instance, in October 2019, Carl Zeiss Meditec AG, a technology company, and Kyoto University, Japan entered a partnership to establish Zeiss iCeMS Innovation Core and develop new microscopy technologies.
Furthermore, application of industrial microbiology in bioremediation is expected to drive growth of the South East Asia and South Asia industrial microbiology market. Bioremediation is an important application which uses microorganisms to neutralize pollutants from a contaminated site. Industrial contamination is an ever growing issue where bioremediation has proven to be effective.
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Key Market Takeaways:
The South East Asia and South Asia industrial microbiology market is expected to exhibit a CAGR of 6.0% during the forecast period, owing to increasing application of industrial microbiology in healthcare and end-use industries.
Among product type, reaction consumables segment is estimated to hold a dominant position in the South East Asia and South Asia industrial microbiology market in 2020, owing to technological advancements in order to develop novel technologies
In terms of testing type, sterility testing segment accounted for major market share in 2019 in the South East Asia and South Asia industrial microbiology market due to the growing focus of major players for the development of testing equipment required for the manufacturing of novel vaccines and therapeutics for the treatment of infectious diseases
On the basis of end user, pharmaceutical & biotechnology industry segment held dominant position in the South East Asia and South Asia industrial microbiology market, owing to growing application of industrial microbiology in medical application, which includes production of new drugs such as antibiotics which require a specific procedure, known as fermentation.
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Competitive Landscape:
Key players operating in the South East Asia and South Asia industrial microbiology market include Merck KGaA., Becton, Dickinson and Company (BD), Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Asiagel Corporation, Eppendorf AG, BioMérieux SA, Danaher Corporation, Qiagen N.V., Sartorius AG, 3M, HiMedia Laboratories Pvt. Ltd., Hygiena, LLC, Avantor, Inc., Advanced Diagnostic Laboratory (ADL), and BioLab Diagnostics India Private Limited
Market Segmentation:
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By Product Type:
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Equipment & Systems
- Filtration Pumps & Systems
- Microbial Detection Systems
- Air Monitoring Systems
- Incubators & Culture apparatus
- Others
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Reaction Consumables
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Media
- Simple Media
- Complex Media
- Defined Media
- Specialty Media
- Reagents & Stains
- Others
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Media
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Laboratory Supply
- Bags & Bottles
- Loop & Needles
- Petrifies, Racks, Seals, Plates & Holders
- Sample preparation & Collection
- Filtration Discs and Membranes
- Others
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Equipment & Systems
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By Testing Type:
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Sterility Testing
- Open System
- Closed System
- RTU Bottles
- DCM
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Bio-Burden Testing
- Membrane
- Funnels
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Environmental Testing
- RTU Plates
- DCM
- Hygiene Monitoring in Food
- Air samplers
- Compressed Gas Monitoring
- Pyrogen Testing
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Pathogen Testing
- Traditional Method
- Rapid (Platform)
- Others
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Sterility Testing
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By End User:
- Pharmaceuticals & Biotechnology Industry
- Government
- Academia
- Food and Beverage Industry
- Testing Labs/Commercial Labs
- Others
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By Region:
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South East Asia
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By Country:
- Thailand
- Vietnam
- Malaysia
- Philippines
- Cambodia
- Laos
- Brunei
- Rest of South East Asia
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By Country:
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South Asia
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By Country:
- Bangladesh
- Nepal
- Sri Lanka
- Myanmar
- Maldives
- Rest of South Asia
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By Country:
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South East Asia
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. Our client base includes players from across various business verticals in over 57 countries worldwide.
