Insightful data based on Global Automated and Rapid Microbiological Tests Market has been recently published by Absolute Markets Insights. The report provides profound information on effective analysis of the businesses. Moreover, the report uses an exploratory technique such as qualitative and quantitative analysis to discover the data of the market in question. By introducing distinctive efficient sales strategies the report provides, ways to impel the customer growth.
- The global automated and rapid microbiological tests market was valued at US$ 18 Mn in 2018 and is anticipated to witness a compound annual growth rate of 22.12% over the forecast period.
- The government entities such as U.S Food and Drug Administration agency and European Medicines Agency are encouraging adoption of Process Analytical Technology (PAT) to control pharmaceutical manufacturing processes and quality. The growing acceptance of PAT is inflating the demand for rapid microbiological testing to obtain real time data for continuous process monitoring and control along with quicker product release. Thus, the growing popularity of PAT is driving the demand in global automated and rapid microbiological tests market.
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- The recent outbreak of COVID-19 pandemic has fuelled the clinical research activities for producing vaccine thus, inflating demand for automated and rapid microbiological tests.
- The ease of performance, efficiency to reduce testing time and acceptance by regulatory authorities is driving the share of growth based technology in global automated and rapid microbiological tests.
- Food manufacturing and microbiology sector is creating demand for automated and rapid microbiological testing to check the quality of end products and raw materials and decrease the time-to-shelf of food products.
- Asia Pacific is expected to register the growth rate in global automated and rapid microbiological tests market over the forecast period due to the flourishing food and pharmaceutical manufacturing companies which are generating high demand for these test kits.
- Some of the players operating in the automated and rapid microbiological tests market are Merck KGaA, Charles River Laboratories, MicroBio Corporation, BIOMÉRIEUX SA, Hygiena, LLC, Pall Corporation, Creative Diagnostics, Becton, Dickinson and Company, Thermo Fisher Scientific Inc., HiMedia Laboratories, The MERLIN society for microbiological diagnostics GmbH and Rapid Test Methods Ltd. amongst others.
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The detailed research study provides qualitative and quantitative analysis of automated and rapid microbiological tests market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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