Microbial Identification Market Size

Microbial Identification Market Size

Microbial Identification Market size was valued at around USD 4.2 billion in 2023 and is estimated to grow at 8.8% CAGR from 2024 to 2032. Microbial identification is the process of determining the specific type or species of microorganisms present in a given sample. This involves identifying bacteria, viruses, fungi, parasites, or other microscopic organisms based on their unique characteristics such as morphological features, biochemical properties, genetic composition, or antigenic profiles.

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The goal of microbial identification is to accurately classify microorganisms to understand their role in various contexts including disease diagnosis, environmental monitoring, food safety, pharmaceutical development, and biotechnology applications. The increasing prevalence of infectious diseases such as bacterial infections, viral infections, parasitic infections, etc. in microbial identification is significant driving factor for the market.
 

For instance, in 2022 World Health Organization (WHO) estimated that 254 million people were living with chronic hepatitis B infection, with 1.2 million new infections. During the year, hepatitis B caused an estimated 1.1 million deaths, due to complications such as cirrhosis and hepatocellular carcinoma (primary liver cancer). Thus, these underscore the critical need for advanced microbial identification solutions to effectively diagnose, treat, and prevent such infections.
 

Furthermore, rising technological advancements, growing awareness and screening programs, and increasing awareness about food safety, are the contributing factors stimulating the growth of the market.