Market Analysis
Conference Series LLC LTD welcomes you to join the “5th World Conference on Applied Microbiology and Beneficial Microbes" on April 27-28, 2020. The conference will be held in the city of Singapore
The Theme of Applied Microbes 2020 is to “Discovering the New Challenges in the field of Microbiology”.
Microbiology Market Analysis:
The worldwide microbiology market is esteemed at $6,727.29 million in 2014 and is relied upon to develop at a CAGR of 13.03% in the vicinity of 2014 and 2019. Expanding sickness weight of irresistible maladies and expanded subsidizing for social insurance consumption are the essential development drivers for this market amid the conjecture time frame. The pharmaceuticals application fragment represented the biggest share of the microbiology advertise in 2014; while the nourishment application portion is normal develop at the most astounding CAGR in the vicinity of 2014 and 2019 in the worldwide microbiology showcase. The global clinical microbiology market is projected to reach USD 5.77 Billion by 2021 from USD 3.35 Billion in 2016, growing at a CAGR of 11.5% from 2016 to 2021. Market growth can be attributed to factors such as the technological advancements; rising incidence of infectious diseases and growing outbreak of epidemics; growing healthcare expenditure across the world; and increasing funding, research grants, and public-private investments in the field of life science researches.
Emerging regions such as Asia-Pacific (including Singapore, China, and India) are expected to become the new revenue-generating pockets in the market in the next five years. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period owing to the growing number of hospitals and clinical diagnostic laboratories in India and China; expanding research capabilities for the development of innovative and affordable clinical microbiology testing procedures across India, China, and Singapore; and rising incidences of infectious diseases.
Microbiology Market Research:
Market research is vital to the development of the industrial market, and continues to be in demand. In 2018, we anticipate delivery of new editions of our report on Microbiology Testing in the Global spurt.
Global Market Survey:
Applied Microbiology size was valued at over USD 24.3 billion in 2017 and will exceed USD 675.2 billion with 7.9% CAGR from 2017 to 2024. At Global Market Insights, It is a unique blend of primary and secondary research, with validation and iterations, in order to minimize deviation and present the most accurate analysis of the industry.
Rising demand of new technologies will drive the biotechnology industry size. we’ve seen tremendous growth and change in the industrial diagnostics industry, particularly in the food safety sector expertise in all aspects of the market, plus extensive experience in business management, strategy development and international business, microbiology test volumes, market values and methods used by food producers around the world, based on detailed interviews with more than 450 food production facilities in America, Europe and Asia, including Japan. Total test volumes have increased 128%, and testing for specific foodborne pathogens like Salmonella and E. coli grew at an even faster rate.
The global DNA sequencing market is projected to reach USD 85.5 Million by 2025 from USD 310.1 Million in 2017 growing at a CAGR of 8.5% during the forecast period.
The global market for Food Microbiology reached nearly $7.1 billion in 2017. This market is expected to grow to nearly $9.6 billion in 2017 and $15.7 billion by 2025, with a compound annual growth rate (CAGR) of 8.1% from 2017 to 2025.
Global Nanotechnology Market was valued at $216.2 billion in 2017 and $448.3 billion in 2017. The total market is projected to grow at a compound annual growth rate (CAGR) of 19.3% from 2017 through 2025 and reach $828 billion by 2025.