Bio-detection market size to grow by USD 12,270.05 million between 2022 and 2027; Increasing applications of microorganisms identified as a key trend - Technavio

NEW YORK, March 27, 2023 /PRNewswire/ -- The global bio-detection market size is estimated to grow by USD 12,270.05 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 12.96% during the forecast period. The increasing applications of microorganisms is identified as one of the major trends in the market. The use of microorganisms is increasing in products such as food items and beverages, food additives and supplements, and microbial enzymes. For instance, in beverages, microorganisms such as yeast are used for fermenting fruit juices and malted cereals to produce ethanol. They also help produce amino acids such as lysine and glutamic acid, which are used in the food industry as nutritional supplements in bread products. Similarly, microorganisms such as Aspergillus niger and Lactobacillus are used to commercialize certain organic acids, such as citric acid, acetic acid, and lactic acid. The growing use of microorganisms is increasing the demand for bio-detection kits, reagents, and identification systems. All these factors are driving the growth of the market. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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Global Bio-detection Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (clinical, food and environmental, and defense), product (instruments, accessories and consumables, and reagents and media), and geography (North America, Europe, Asia, and Rest of World). 

• The market growth in the clinical segment will be significant during the forecast period. The rising number of critically ill patients after the pandemic and the increasing geriatric population across the world is driving the growth of the segment. Also, the increasing incidence of infectious diseases influenza and measles in developed and developing countries is supporting the growth of the segment.

Geography Overview
By geography, the global bio-detection market is segmented into North America, Europe, Asia, and Rest of World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global bio-detection market.

• North America will account for 41% of the market growth during the forecast period. Factors such as the increased focus on drug and vaccine discovery and development, recent advances in biotechnology and pharmaceutical research, and the presence of several vendors are driving the growth of the regional market. Also, the rise in the number of various infectious diseases has been crucial in driving the growth of the bio-detection market in North America.

Insights on the market contribution of various segments, including country- and region-wise historic period (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report

Global Bio-detection Market – Major Vendors

The global bio-detection market is fragmented and highly competitive. Vendors are adopting various growth strategies, including strategic partnerships, mergers and acquisitions, and new product launches, to expand their presence. They are also focusing on increasing production in response to rising demand from regional and global markets. Some vendors are introducing advanced bio-detection products that have high throughputs and are less time-consuming. All these factors are intensifying competition in the market. Some of the key vendors covered in the report include:

• 20/20 GeneSystems Inc.
• 3M Co.
• Abbott Laboratories
• AdVnt Biotechnologies LLC
• Agilent Technologies Inc.
• Alexeter Technologies LLC
• Bio Rad Laboratories Inc.
• Bruker Corp.
• Danaher Corp.
• F. Hoffmann La Roche Ltd.
• Illumina Inc.
• MBio Diagnostics Inc.
• Physical Sciences Inc.
• PositiveID Corp.
• Research International Inc.

Global Bio-detection Market – Market Dynamics

Key factor driving growth

• The market is driven by the increasing incidence of infectious diseases.
• The prevalence of infectious diseases such as tuberculosis, human immunodeficiency virus (HIV), pneumonia, and malaria is increasing worldwide.
• Governments and several private organizations are launching awareness programs to educate people about the importance of early diagnosis of diseases.
• With the increasing burden of diseases such as HIV, cancer, tuberculosis, and pneumonia, the demand for rapid microbiology techniques for faster and more accurate microbial screening, identification, and testing against pathogens is increasing.
• All these factors are driving the growth of the market in focus.

Major challenges hindering growth

• The presence of inadequate healthcare services in developing countries is challenging the growth of the market.
• The healthcare system in most developing countries lacks skilled professionals, which limits access to quality healthcare services such as bio-detection.
• The stigma and the misconception about sexually transmitted diseases (STDs) in developing countries discourage people from availing of subsequent treatment for infectious diseases.
• The lack of financial resources and inadequate infrastructure further reduce the growth potential of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this bio-detection market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the bio-detection market between 2023 and 2027
• Precise estimation of the size of the bio-detection market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the bio-detection market industry across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of bio-detection market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global bio-detection market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global bio-detection market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Clinical - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Clinical - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Clinical - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Clinical - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Clinical - Year-over-year growth 2022-2027 (%)

• 6.4 Food and environmental - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Food and environmental - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Food and environmental - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Food and environmental - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Food and environmental - Year-over-year growth 2022-2027 (%)

• 6.5 Defense - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Defense - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Defense - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 47: Chart on Product - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 49: Chart on Comparison by Product
• Exhibit 50: Data Table on Comparison by Product

• 7.3 Instruments - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Instruments - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Instruments - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Instruments - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Instruments - Year-over-year growth 2022-2027 (%)

• 7.4 Accessories and consumables - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Accessories and consumables - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Accessories and consumables - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Accessories and consumables - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Accessories and consumables - Year-over-year growth 2022-2027 (%)

• 7.5 Reagents and media - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Reagents and media - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Reagents and media - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Reagents and media - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Reagents and media - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 63: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027 
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 Canada - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 20/20 GeneSystems Inc. 
• Exhibit 112: 20/20 GeneSystems Inc. - Overview
• Exhibit 113: 20/20 GeneSystems Inc. - Product / Service
• Exhibit 114: 20/20 GeneSystems Inc. - Key offerings

• 12.4 Abbott Laboratories
• Exhibit 115: Abbott Laboratories - Overview
• Exhibit 116: Abbott Laboratories - Business segments
• Exhibit 117: Abbott Laboratories - Key news
• Exhibit 118: Abbott Laboratories - Key offerings
• Exhibit 119: Abbott Laboratories - Segment focus

• 12.5 Agilent Technologies Inc. 
• Exhibit 120: Agilent Technologies Inc. - Overview
• Exhibit 121: Agilent Technologies Inc. - Business segments
• Exhibit 122: Agilent Technologies Inc. - Key news
• Exhibit 123: Agilent Technologies Inc. - Key offerings
• Exhibit 124: Agilent Technologies Inc. - Segment focus

• 12.6 Bertin Technologies SAS 
• Exhibit 125: Bertin Technologies SAS - Overview
• Exhibit 126: Bertin Technologies SAS - Product / Service
• Exhibit 127: Bertin Technologies SAS - Key offerings

• 12.7 Bio Rad Laboratories Inc. 
• Exhibit 128: Bio Rad Laboratories Inc. - Overview
• Exhibit 129: Bio Rad Laboratories Inc. - Business segments
• Exhibit 130: Bio Rad Laboratories Inc. - Key news
• Exhibit 131: Bio Rad Laboratories Inc. - Key offerings
• Exhibit 132: Bio Rad Laboratories Inc. - Segment focus

• 12.8 Bruker Corp.
• Exhibit 133: Bruker Corp. - Overview
• Exhibit 134: Bruker Corp. - Business segments
• Exhibit 135: Bruker Corp. - Key news
• Exhibit 136: Bruker Corp. - Key offerings
• Exhibit 137: Bruker Corp. - Segment focus

• 12.9 Danaher Corp.
• Exhibit 138: Danaher Corp. - Overview
• Exhibit 139: Danaher Corp. - Business segments
• Exhibit 140: Danaher Corp. - Key news
• Exhibit 141: Danaher Corp. - Key offerings
• Exhibit 142: Danaher Corp. - Segment focus

• 12.10 F. Hoffmann La Roche Ltd. 
• Exhibit 143: F. Hoffmann La Roche Ltd. - Overview
• Exhibit 144: F. Hoffmann La Roche Ltd. - Business segments
• Exhibit 145: F. Hoffmann La Roche Ltd. - Key news
• Exhibit 146: F. Hoffmann La Roche Ltd. - Key offerings
• Exhibit 147: F. Hoffmann La Roche Ltd. - Segment focus

• 12.11 Illumina Inc.
• Exhibit 148: Illumina Inc. - Overview
• Exhibit 149: Illumina Inc. - Business segments
• Exhibit 150: Illumina Inc. - Key news
• Exhibit 151: Illumina Inc. - Key offerings
• Exhibit 152: Illumina Inc. - Segment focus

• 12.12 Physical Sciences Inc. 
• Exhibit 153: Physical Sciences Inc. - Overview
• Exhibit 154: Physical Sciences Inc. - Product / Service
• Exhibit 155: Physical Sciences Inc. - Key offerings

• 12.13 PositiveID Corp.
• Exhibit 156: PositiveID Corp. - Overview
• Exhibit 157: PositiveID Corp. - Product / Service
• Exhibit 158: PositiveID Corp. - Key offerings

• 12.14 Research International Inc. 
• Exhibit 159: Research International Inc. - Overview
• Exhibit 160: Research International Inc. - Product / Service
• Exhibit 161: Research International Inc. - Key offerings

• 12.15 Response Biomedical Corp. 
• Exhibit 162: Response Biomedical Corp. - Overview
• Exhibit 163: Response Biomedical Corp. - Product / Service
• Exhibit 164: Response Biomedical Corp. - Key offerings

• 12.16 Smiths Group Plc
• Exhibit 165: Smiths Group Plc - Overview
• Exhibit 166: Smiths Group Plc - Business segments
• Exhibit 167: Smiths Group Plc - Key news
• Exhibit 168: Smiths Group Plc - Key offerings
• Exhibit 169: Smiths Group Plc - Segment focus

• 12.17 Thermo Fisher Scientific Inc. 
• Exhibit 170: Thermo Fisher Scientific Inc. - Overview
• Exhibit 171: Thermo Fisher Scientific Inc. - Business segments
• Exhibit 172: Thermo Fisher Scientific Inc. - Key news
• Exhibit 173: Thermo Fisher Scientific Inc. - Key offerings
• Exhibit 174: Thermo Fisher Scientific Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 175: Inclusions checklist
• Exhibit 176: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 177: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 178: Research methodology
• Exhibit 179: Validation techniques employed for market sizing
• Exhibit 180: Information sources

• 13.5 List of abbreviations 
• Exhibit 181: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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