May 22, 2024
Bacterial Colony Counters Market

Bacterial Colony Counters Market Is Advancing Amidst Rising Microbial Testing Trends By Automation

Bacterial colony counters automate the process of counting bacterial colonies and remove human error by using imaging systems and integrated software. The automated counters provide consistency and speed by imaging entire plates and analyzing large numbers of colonies. The growing need for microbial testing across various industries like pharmaceutical, food, and clinical research is driving the demand for bacterial colony counters.

The Global Bacterial Colony Counters Market is estimated to be valued at US$ 592.7 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024 to 2031.

Key Takeaways

Key players: Key players operating in the bacterial colony counters market are Environmental & Scientific Instruments Co., Interscience, Neu-tec Group Inc., Thermo Fisher Scientific Inc., AVI Scientific India, Isolab Laborgeräte GmbH, Scitek Global Co., Ltd., Infitek Co., Ltd., ESICO INTERNATIONAL, Biolab Scientific, Cole-Parmer Instrument Company, LLC., Analytik Jena GmbH+Co. KG, Oxford Optronix, BIOBASE GROUP, Reichert, Inc., and Copan Diagnostics Inc.

Growing demand: The growing microbial testing in various industries like pharmaceuticals, food, and clinical research is driving the demand for automated bacterial colony counters. The need for consistency, speed, and removing human error is fueling the growth of bacterial colony counters globally.

Global expansion: Key players are expanding their presence globally with innovations to offer advanced features like higher resolution, integrated software, and connectivity. Growing global pharmaceutical and clinical research spending is also supporting the global expansion of bacterial colony counters market.

Market key trends

One of the key trends in the Bacterial Colony Counters Market Size is automation and integration of advanced technologies. Players are focusing on developing fully automated counter systems integrated with artificial intelligence, machine vision, and deep learning algorithms. This allows for automated real-time colony identification, counting, sizing without any human intervention. Another trend is the development of portable and handheld bacterial colony counters. Compact designs are gaining popularity for on-field and point-of-care applications. Connectivity with external devices is also a growing trend to facilitate advanced data management and storage.

Porter’s Analysis

Threat of new entrants: Low startup costs for new entrants however established players have strong brand image and distribution network.

Bargaining power of buyers: Buyers have moderate bargaining power due to price comparison online and existence of substitutes.

Bargaining power of suppliers: Suppliers have moderate bargaining power due to differentiated components and services required.

Threat of new substitutes: Threat of substitutes is moderate as automated bacterial colony counters provide convenience over manual counting.

Competitive rivalry: Intense competition exists among local and global players due to their worldwide presence and economies of scale.

Geographical regions

North America region accounts for the largest market share in terms of value owing to developing research infrastructure and pharmaceutical industry. Growing life science sector and stringent regulations also drive the market.

Asia Pacific is expected to be the fastest growing region during the forecast period driven by expanding healthcare sector, increasing biotechnology research and outsourcing of clinical trials to emerging Asian countries. Rising investments by governments and private players to establish manufacturing facilities and research centers propels the regional market.

*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it