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What is Biggest Trend Currently Witnessed in Saudi Arabian Microbiology Cell Culture Market?
Posted: Sep 04, 2021
The key factors leading to the growth of the market are the expanding life sciences market, increasing expenditure in the healthcare industry, surging prevalence of infectious diseases, technological advancements and regulatory approvals, and rising geriatric population. In terms of product, the market is divided into instruments and consumables.
Access Report Summary on Saudi Arabia Microbiology Cell Culture Market Segmentation Analysis
The consumables division is further classified into reagents, media, and others, between which, the media classification accounted for the largest share (44.0%) of the Saudi Arabian microbiology cell culture market in 2017. The large value to volume ratio of these products is leading to the growth of this classification. The instruments division is further classified into cell culture supporting equipment, cell culture vessels, cell culture storage equipment, and bioreactors.On the basis of end user, the market is divided into academic & research institutes, pharmaceutical & biotechnology companies, food & beverage companies, and others. Among all these, pharmaceutical & biotechnology companies dominated the market in the past, holding a share of 44.3% in 2017. These companies are responsible for conducting a number of research activities in order to take forward the development of drugs, the demand for which is growing due to the surging prevalence of diseases and health conditions all over the globe.
A key trend being witnessed in the Saudi Arabian microbiology cell culture market is automation in microbiology, which is aiding in meeting the challenges of rising need for faster turnaround and surging test volumes in microbiology laboratories. The increasing application of laboratory interface systems and swift adoption of computer technology in laboratories enable the utilization of minimal sample volumes for results that are accurate. As per the NCBI (2014), MALDI-TOF MS was used by researcher for identifying new bacteria species in air samples from Makka, Saudi Arabia, during the Hajj. Hence, the market is growing due to the expanding life sciences sector and automation in microbiology.
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the market and their service offerings
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