Reports and Data has recently added a new research report titled ‘Global Microbial Culture Market Forecast to 2028’ to its wide database that offers extensive information about the Microbial Culture market with regards to market share, market size, revenue growth, global and regional reach, and product portfolio offered by the market. The report focuses on current and emerging trends in the healthcare industry such as incorporation of IoT and ML to enhance efficiency of medical products. Top companies in the market are focusing on RD activities to expand their product offerings and cater to unmet medical needs of the global population.

Leading companies operating in the market and profiled in the report include:

• Merck KGaA
• Bio-Rad Laboratories
• Thermo Fisher Scientific
• HiMedia Laboratories
• bioMérieux
• Eiken Chemical Co
• Neogen Corporation

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Market Dynamics:

The pharma healthcare sectors has been rapidly growing over the last few decades. Technological advancements in healthcare sector, emergence of various diseases, COVID-19 outbreak are key factors boosting global market revenue growth. Growing need to develop new drugs and medical devices to cater to emerging diseases, high investments in research and development activities, and improvements in healthcare infrastructure and facilities is expected to fuel global market growth over the forecast period. In addition, adoption of AI in various healthcare application, funding from various private and public organizations to boost research activities in pharmaceutical and biotechnology sector and vaccine production during the current pandemic situation is also expected to boost market growth.

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Competitive Landscape:

Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.

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Global  Market Segmentation:

By Product Type (Revenue, USD Million; 2018–2028)

• Media
• Bacterial
• Fungi Algae
• Others
• Reagents
• Bacterial
• Others
• Sera

By Application (Revenue, USD Million; 2018–2028)

• Food Water Testing
• Food
• Animal Feed
• Water Testing
• Bioenergy Agricultural Research
• Others

The global Microbial Culture market is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East Africa.

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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