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Microbiology Culture Market - Global Industry Analysis, Trends and Forecast 2015 - 2023 Health Articles | August 18, 2016
The soaring demand for antibiotics, on account of the alarming rise in the prevalence of various infections and food-borne diseases, has provided a significant thrust to microbiology culture practices across the world over the last few years.
Although the top four players - Sigma-Aldrich Nike Air Force 1 High X Girl Women's All Red UK , Thermo Fisher, Merck Millipore, and Becton, Dickinson and Co. - accounted for a share of 52.7% in the global market for microbiology culture in 2014, the presence of a large pool of international as well as regional players points toward a moderately fragmented structure of the market’s competitive landscape Nike Air Force 1 High Men's Yellow UK , finds a report by Transparency Market Research (TMR). The degree of competition, however, is high within the market and participants are aggressively focused on making new discoveries and reaching new breakthroughs in order to gain a competitive edge.聽
TMR recommends players to shift their focus towards emerging economies such as Brazil, India, and China Nike Air Force 1 High Black Floral Men's UK , as they hold immense untapped opportunities for future growth.
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BRICS Nations to Present Opportunities for Growth Due to Increased Antibiotic Consumption
“The rapid rise in the demand for antibiotics has had a lasting effect on the practice of microbiology culture,” states an analyst at TMR. Antibiotics are secondary metabolites produced by microorganisms and utilized in the treatment of a number of bacterial and protozoan infections. Mostly, antibiotics are naturally occurring; however, the quantity available in the natural environment is far less than the required quantity for large-scale production. Hence, microbes are cultured under controlled conditions to increase their biomass and to separate the antibiotics from them.
According to Lancet Infectious Diseases Commission Nike Air Force 1 High Men's Tan UK , the consumption of antibiotic drugs witnessed a rise by 36% during the period from 2000 to 2010 with the BRICS nations holding a share of 76% of this increase. The high prevalence of infectious diseases, the rising healthcare expenditure, and the increasing access to antibiotic drugs have driven the consumption of antibiotics in these countries since the last decade and are likely to do so in the years to come. Owing to this, the demand for microbial culture is also expected to increase significantly over the next few years.
High Cost Associated with Culture Media to Limit Demand for Microbiology Culture