Biodetectors and Accessories Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3931
Biodetectors and Accessories Market size is expected to grow significantly from 2019 to 2025.
Increasing pollution level throughout the globe is resulting in acquiring airborne diseases. Additionally, growing need to curb bioterrorism involving hazardous chemicals will surge demand for biodetectors and accessories in forthcoming years. Additionally, wide spread of infectious and viral diseases such as Ebola and zika virus will augment demand for biodetectors and accessories. Biodetectors are analytical tools prominently use antibodies for recognition of entire bacteria, single cell and tissues of higher organisms. As a result, biodetectors and accessories have crucial role in biorecognition of pathogenic communities. Thus, advantages offered by these instruments will rise its usage, thereby propelling business growth.
Technologically advanced equipment will increase its preference that will prove beneficial for industry growth. Technologically advanced biodetectors and accessories will enable in early and enhanced detection of bio threats. These devices include micro arrays, electrochemiluminescence-based and microfluidics-based detectors that enables in providing enhanced response, low level and multiple agent detection. As a result, enormous potential benefits associated with biodetectors and accessories will surge its demand over the forecast time frame, thereby fueling market growth.
Instruments segment had lucrative revenue in 2018 and it will extensively increase in analysis time frame. Extensive investments on R&D activities undertaken by market players will provide innovative equipment that will provide effective and accurate results. Instruments have pivotal role in rapid biorecognition of chemical residues and food pathogens. Moreover, rising awareness pertaining to early detection will surge demand for superior quality instruments that will exceed segment revenue.
Food and environment segment is anticipated to witness substantial growth in forecast time period. Significant growth is attributed to massive need for maintaining hygiene conditions in food industries. Government is making stringent compliances that food chain retailers need to abide for maintaining quality. Additionally, widespread of hazardous bacteria is rising bioburden and economic threat to regions. Thus, to prevent such outbreaks and avoid complex repercussions use of biodetectors will augment in food and environment domain, thereby accelerating segment growth.
Research laboratories segment had considerable revenue in 2018 and it would increase in near future. Scientists and researchers experiment on various domains to discover and develop drugs. As a result, to keep drugs away from biohazardous contaminations, biodetectors are most crucial to quality check at every step of procedure. Biodetectors and accessories will enable scientists to maintain sterility and provide quality medicines. Thus, growing research will augment demand for rapid detection of chemicals and pathogens, thereby driving segment growth.
Asia Pacific biodetectors and accessories market is anticipated to witness substantial revenue share in forecast time period. Increasing government expenditure to develop healthcare infrastructure will enable hospitals and other facilities to implement biodetectors to maintain optimum conditions. Additionally, rising prevalence of infectious and airborne diseases in the region will surge demand for biodetectors and accessories to achieve accurate and rapid diagnosis. Aforementioned factors will augment demand for this equipment, thereby benefiting the regional market growth.
Notable industry players operating in the biodetectors and accessories comprises BioDetection Instruments, PositiveID, BioDetection Systems, Bertin, BBI Detection, Smith Detection, MSA, Research International, Shimadzu, Agilent Technologies, Bio Rad Laboratories, Thermo Fisher Scientific, Response BioMedical, Physical Sciences, NetBio and MBio Diagnostics. These market players are implementing several strategies such as mergers and acquisitions, joint collaborations, product upgradation and new product launches. These strategies enable companies to gain competitive advantage and sustain in the industry. For instance, in July 2018, PositiveID tested successfully listeria bacterium on company’s product FireflyDX to detect prototype pathogen that could present in dairy products and food. This strategy will enable company to deliver superior quality products that will help it gain competitive advantage.
Biodetectors and Accessories Market By Product Type, 2014-2025 (USD Million)
- Reagents & Media
- Accessories & Consumables
Biodetectors and Accessories Market By Medical Application, 2014-2025 (USD Million)
- Food & Environment
Biodetectors and Accessories Market By End-use, 2014-2025 (USD Million)
- Point of Care Testing
- Research Laboratories
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- BioDetection Instruments
- BioDetection Systems
- BBI Detection
- Smith Detection
- Research International
- Agilent Technologies
- Bio Rad Laboratories
- Thermo Fisher Scientific
- Response BioMedical
- Physical Sciences
- MBio Diagnostics
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