AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Microbial Identification Market Analysis, Trends, and Forecasts, 2019-2025 - ResearchAndMarkets.com

December 19, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 19, 2019--

The “Microbial Identification - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Microbial Identification market worldwide is projected to grow by US$1.2 Billion, driven by a compounded growth of 6.2%

Instruments, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.4 Billion by the year 2025, Instruments will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$57.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$54.4 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Instruments will reach a market size of US$118.2 Million by the close of the analysis period.

As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.1% over the next couple of years and add approximately US$208.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

For more information about this report visit https://www.researchandmarkets.com/r/az40kh

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005488/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/19/2019 09:51 AM/DISC: 12/19/2019 09:51 AM

http://www.businesswire.com/news/home/20191219005488/en