Global Microbial Identification Market

Global Microbial Identification Market Size, Share, Growth Analysis, By Type(Fully automatic and semi-automatic), By Application(Diagnostics, food and beverage testing) - Industry Forecast 2024-2031


Report ID: SQMIG35J2067 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Global Microbial Identification Market Insights

Microbial Identification Market size was valued at USD 3.7 billion in 2021 and is poised to grow from USD 4.15 billion in 2022 to USD 10.35 billion by 2030, at a CAGR of 12.1% during the forecast period (2023-2030).

The global microbial identification market is witnessing significant growth and advancements driven by the rising incidence of infectious diseases, increasing awareness about the importance of microbial identification for disease diagnosis and treatment, and the growing demand for rapid and accurate identification methods. Microbial identification plays a crucial role in various sectors, including healthcare, pharmaceuticals, food and beverage, and environmental monitoring. Technological advancements such as the development of automated systems, molecular diagnostics, and genomics have revolutionized the microbial identification process, enabling faster and more accurate results. Additionally, the increasing adoption of microbial identification in research and academic institutions, as well as in biotechnology and pharmaceutical companies, is propelling market growth. Furthermore, the emergence of new infectious diseases and the threat of antimicrobial resistance have highlighted the need for effective microbial identification methods, driving investment in this field. Moreover, the increasing focus on personalized medicine and the growing demand for point-of-care testing are fueling the growth of the global market. However, challenges such as high costs associated with advanced identification techniques and the lack of skilled professionals may hinder market growth to some extent. Nevertheless, with ongoing research and development activities, the global microbial identification market is expected to continue expanding, providing opportunities for innovative solutions and improved patient care worldwide.

US Microbial Identification Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 3.7 billion

Largest Segment

Fully automatic

Fastest Growth

Fully automatic

Growth Rate

12.1% CAGR

Global Microbial Identification Market ($ Bn)
Country Share for North America Region (%)
Global Microbial Identification Market By Type ($ Bn)
Global Microbial Identification Market By Type (%)

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Global Microbial Identification Market Segmental Analysis

The Global Microbial Identification Market is segmented on the basis of type, application, and region. Based on type, the market can be segmented into Fully automatic and semi-automatic. Based on application, the market is segmented into Diagnostics, food and beverage testing, pharmaceuticals, cosmetics and personal care products testing and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Microbial Identification Market Analysis By Type

The dominant segment in the global microbial identification market is the fully automatic segment. Fully automatic microbial identification systems offer high efficiency, accuracy, and speed in identifying various microorganisms, making them the preferred choice for laboratories and healthcare settings. These systems utilize advanced technologies such as mass spectrometry and next-generation sequencing, enabling rapid and comprehensive identification of pathogens. The fully automatic segment holds a significant market share due to its wide adoption and established presence in various industries, including healthcare, pharmaceuticals, and food safety.

On the other hand, the fastest-growing segment in the global microbial identification market is the semi-automatic segment. Semi-automatic microbial identification systems offer a balance between automation and manual intervention, providing flexibility and ease of use. These systems are particularly gaining traction in research and academic institutions, where the need for customizable workflows and cost-effective solutions is high. The semi-automatic segment is experiencing rapid growth due to its affordability, versatility, and ability to cater to the specific requirements of different end-users. With advancements in technology and increasing demand for user-friendly identification methods, the semi-automatic segment is expected to witness substantial growth in the coming years.

Microbial Identification Market Analysis By Application

The dominant segment in the global microbial identification market is diagnostics. Diagnostics hold a significant market share as microbial identification plays a critical role in diagnosing infectious diseases and guiding appropriate treatment decisions. Accurate and rapid identification of pathogens is crucial for effective disease management and infection control in healthcare settings. The increasing prevalence of infectious diseases, coupled with the growing demand for precise diagnostic methods, drives the dominance of the diagnostics segment in the microbial identification market.

On the other hand, the fastest-growing segment in the global microbial identification market is the food and beverage testing segment. The stringent regulations and standards imposed by regulatory bodies to ensure food safety and quality have led to a rising demand for microbial identification in the food and beverage industry. Microbial identification is crucial in detecting and preventing foodborne illnesses, contamination, and spoilage. With the growing global population and increasing awareness of food safety, the food and beverage testing segment is witnessing rapid growth. The implementation of advanced technologies and innovative testing methods further fuels the growth of this segment, as food manufacturers and regulatory authorities prioritize microbial identification to maintain product integrity and consumer safety.

Global Microbial Identification Market By Type, 2023 (%)

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Global Microbial Identification Market Regional Insights

The dominant region in the global microbial identification market is North America. North America has a well-established healthcare infrastructure, advanced research facilities, and a high adoption rate of technologically advanced diagnostic methods. The region's dominance can be attributed to factors such as the presence of key market players, substantial investments in research and development, and favorable government initiatives to combat infectious diseases. Additionally, the region's robust regulatory framework and focus on quality healthcare contribute to the dominance of North America in the microbial identification market.

On the other hand, the fastest-growing region in the global microbial identification market is the Asia Pacific region. The Asia Pacific region is witnessing significant market growth due to factors such as increasing healthcare expenditure, rising awareness about infectious diseases, and the growing demand for advanced diagnostic solutions. The region's expanding population, coupled with the increasing incidence of infectious diseases, drives the need for efficient microbial identification methods. Furthermore, the presence of a large number of pharmaceutical and biotechnology companies, along with the rising focus on research and development activities, contributes to the rapid growth of the Asia Pacific microbial identification market.

Global Microbial Identification Market By Geography, 2024-2031
  • Largest
  • Fastest

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Global Microbial Identification Market Dynamics

Microbial Identification Market Drivers

Increasing prevalence of infectious diseases

  • One key driver of the global microbial identification market is the increasing prevalence of infectious diseases. The rise in infectious diseases worldwide creates a significant demand for accurate and rapid microbial identification methods to enable timely diagnosis and appropriate treatment. This driver is fueled by factors such as population growth, globalization, and the emergence of new and drug-resistant pathogens, highlighting the importance of effective microbial identification in healthcare settings.

Microbial Identification Market Restraints

High cost associated with advanced identification techniques

  • One key restraint of the global microbial identification market is the high cost associated with advanced identification techniques. While technological advancements have improved the accuracy and speed of microbial identification, many of these advanced methods come with a substantial price tag. The cost of acquiring and maintaining sophisticated equipment, as well as the expenses related to staff training and consumables, can pose financial challenges, particularly for small healthcare facilities and resource-constrained regions. The high cost of advanced identification techniques can limit their widespread adoption, hindering market growth to some extent.

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Global Microbial Identification Market Competitive Landscape

The competitive landscape of the global microbial identification market is characterized by intense competition and a diverse range of market players. Key players in the market focus on strategic collaborations, partnerships, and acquisitions to expand their product portfolio and strengthen their market presence. Additionally, significant investments in research and development activities are undertaken to innovate and launch advanced microbial identification solutions. The market is also witnessing the entry of new players offering disruptive technologies and solutions. Overall, the competitive landscape is dynamic, driven by continuous technological advancements, regulatory developments, and the increasing demand for accurate and rapid microbial identification methods across various industries.

Microbial Identification Market Top Player’s Company Profiles

  • Thermo Fisher Scientific (US)
  • Danaher (Beckman Coulter Inc.) (US)
  • Bruker Corporation (US)
  • Merck KGaA (Germany)
  • Agilent Technologies, Inc. (US)
  • Qiagen N.V. (Netherlands)
  • Charles River Laboratories International, Inc. (US)
  • bioMérieux SA (France)
  • Abbott Laboratories (US)
  • PerkinElmer, Inc. (US)
  • Bio-Rad Laboratories, Inc. (US)
  • Neogen Corporation (US)
  • Luminex Corporation (US)
  • Sysmex Corporation (Japan)
  • Accelerate Diagnostics, Inc. (US)
  • Biolog, Inc. (US)
  • Eurofins Scientific (Luxembourg)

Microbial Identification Market Recent Developments

  • In April 2022, Bruker Corporation introduced advanced multiplex PCR infectious disease assays leveraging its proprietary LiquidArray technology. Additionally, the company expanded its mycobacteria portfolio with the launch of the FluoroType Mycobacteria PCR assay, which utilizes the high-precision FluoroCycler XT thermocycler and powerful LiquidArray technology to accurately differentiate 31 clinically relevant non-tuberculous mycobacteria and the M. tuberculosis complex from cultures in a single test.
  • In March 2022, Accelerate Diagnostics, Inc. unveiled the Accelerate Arc system, consisting of the Arc Module and BC Kit, providing an automated pathway for rapid and precise microbial identification in positive blood cultures. This innovative system aims to eliminate the need for overnight culture incubation while mitigating cross-reactivity and the possibility of false positive results associated with rapid multi-targeted molecular tests.

Global Microbial Identification Key Market Trends

  • Increasing adoption of automation and advanced technologies: One key market trend in the microbial identification market is the increasing adoption of automation and advanced technologies. Laboratories and healthcare facilities are embracing automated systems and innovative technologies such as molecular diagnostics, genomics, and artificial intelligence (AI) to enhance the efficiency, accuracy, and speed of microbial identification. Automation streamlines the identification process, reduces human error, and allows for high-throughput testing, enabling faster and more reliable results. The integration of advanced technologies empowers researchers and clinicians to gain valuable insights, make informed decisions, and improve patient outcomes. This trend is driven by the need for rapid and accurate identification methods, especially in the context of emerging infectious diseases, antimicrobial resistance, and the demand for personalized medicine.

Global Microbial Identification Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our Global Microbial Identification Market analysis, the global market is experiencing significant growth driven by factors such as the rising prevalence of infectious diseases, increased awareness about the importance of microbial identification, and the demand for rapid and accurate identification methods. Technological advancements, including automation and molecular diagnostics, have revolutionized the identification process, enabling faster and more precise results. The market is segmented based on type, application, and region, with fully automatic systems dominating the market and diagnostics being the dominant application segment. However, high costs associated with advanced techniques and the lack of skilled professionals pose challenges. Nonetheless, the market is fueled by the increasing focus on personalized medicine and the growing demand for point-of-care testing. The competitive landscape is characterized by intense competition, strategic collaborations, and research and development investments. Overall, the market shows promising prospects for innovative solutions and improved patient care globally.

Report Metric Details
Market size value in 2023 USD 3.7 billion
Market size value in 2031 USD 10.35 billion
Growth Rate 12.1%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Fully automatic and semi-automatic
  • Application
    • Diagnostics, food and beverage testing, pharmaceuticals, cosmetics and personal care products testing and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Thermo Fisher Scientific (US)
  • Danaher (Beckman Coulter Inc.) (US)
  • Bruker Corporation (US)
  • Merck KGaA (Germany)
  • Agilent Technologies, Inc. (US)
  • Qiagen N.V. (Netherlands)
  • Charles River Laboratories International, Inc. (US)
  • bioMérieux SA (France)
  • Abbott Laboratories (US)
  • PerkinElmer, Inc. (US)
  • Bio-Rad Laboratories, Inc. (US)
  • Neogen Corporation (US)
  • Luminex Corporation (US)
  • Sysmex Corporation (Japan)
  • Accelerate Diagnostics, Inc. (US)
  • Biolog, Inc. (US)
  • Eurofins Scientific (Luxembourg)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Microbial Identification Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Microbial Identification Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Microbial Identification Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Microbial Identification Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Microbial Identification Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Microbial Identification Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Microbial Identification Market size was valued at USD 3.7 billion in 2021 and is poised to grow from USD 4.15 billion in 2022 to USD 10.35 billion by 2030, at a CAGR of 12.1% during the forecast period (2023-2030).

The competitive landscape of the global microbial identification market is characterized by intense competition and a diverse range of market players. Key players in the market focus on strategic collaborations, partnerships, and acquisitions to expand their product portfolio and strengthen their market presence. Additionally, significant investments in research and development activities are undertaken to innovate and launch advanced microbial identification solutions. The market is also witnessing the entry of new players offering disruptive technologies and solutions. Overall, the competitive landscape is dynamic, driven by continuous technological advancements, regulatory developments, and the increasing demand for accurate and rapid microbial identification methods across various industries. 'Becton Dickinson and Company (US)', 'BioMérieux SA (France)', 'Shimadzu Corporation (Japan)', 'Thermo Fisher Scientific (US)', 'Danaher (Beckman Coulter Inc.) (US)', 'Bruker Corporation (US)', 'Merck KGaA (Germany)', 'Agilent Technologies, Inc. (US)', 'Qiagen N.V. (Netherlands)', 'Charles River Laboratories International, Inc. (US)', 'bioMérieux SA (France)', 'Abbott Laboratories (US)', 'PerkinElmer, Inc. (US)', 'Bio-Rad Laboratories, Inc. (US)', 'Neogen Corporation (US)', 'Luminex Corporation (US)', 'Sysmex Corporation (Japan)', 'Accelerate Diagnostics, Inc. (US)', 'Biolog, Inc. (US)', 'Eurofins Scientific (Luxembourg)'

One key driver of the global microbial identification market is the increasing prevalence of infectious diseases. The rise in infectious diseases worldwide creates a significant demand for accurate and rapid microbial identification methods to enable timely diagnosis and appropriate treatment. This driver is fueled by factors such as population growth, globalization, and the emergence of new and drug-resistant pathogens, highlighting the importance of effective microbial identification in healthcare settings.

Increasing adoption of automation and advanced technologies: One key market trend in the microbial identification market is the increasing adoption of automation and advanced technologies. Laboratories and healthcare facilities are embracing automated systems and innovative technologies such as molecular diagnostics, genomics, and artificial intelligence (AI) to enhance the efficiency, accuracy, and speed of microbial identification. Automation streamlines the identification process, reduces human error, and allows for high-throughput testing, enabling faster and more reliable results. The integration of advanced technologies empowers researchers and clinicians to gain valuable insights, make informed decisions, and improve patient outcomes. This trend is driven by the need for rapid and accurate identification methods, especially in the context of emerging infectious diseases, antimicrobial resistance, and the demand for personalized medicine.

The dominant region in the global microbial identification market is North America. North America has a well-established healthcare infrastructure, advanced research facilities, and a high adoption rate of technologically advanced diagnostic methods. The region's dominance can be attributed to factors such as the presence of key market players, substantial investments in research and development, and favorable government initiatives to combat infectious diseases. Additionally, the region's robust regulatory framework and focus on quality healthcare contribute to the dominance of North America in the microbial identification market.

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