Market Analysis - Applied Microbiology 2017
The global microbiology market is valued at $6,727.29 million in 2014 and is expected to grow at a CAGR of 13.03% between 2014 and 2019. Increasing disease burden of infectious diseases and increased funding for healthcare expenditure are the important growth drivers for this market during the forecast period. The pharmaceuticals application segment accounted for the largest share of the microbiology market in 2014, while the food application segment is expected grow at the highest CAGR between 2014 and 2019 in the global microbiology market. The clinical microbiology market is segmented on the basis of products into consumables and instruments. The consumables product segment is further sub segmented into kits and reagents. The instruments segment is sub segmented into automated microbiology instruments, laboratory instruments, and microbiology analyzers. The automated microbiology instruments are expected to grow at the highest growth rate in the instruments segment. The incubators are expected to grow at the highest growth rate in the laboratory instruments market. Mass spectrometers, are expected to grow at the highest growth rate in the microbiology analyzers segment. In the consumables segment kits are expected to account for the largest share and expected to grow at the highest growth rate during the forecast period. The geographic analysis revealed that North America accounted for the largest share of the global clinical microbiology market in 2014. The Asian regional segment, on the other hand, is expected to register a double-digit growth rate from 2014 to 2019, owing to the increased healthcare spending in this region.
Evolution Of Microbial Market : Biomicrobial market has been used successfully to explain cooperative behavior in many animal species. Microbes also engage in cooperative behaviors, both with hosts and other microbes, that can be described in economic terms. However, a market approach is not traditionally used to analyze these interactions. Here, extending the biological market framework to ask whether this theory is of use to evolutionary biologists studying microbes. Considering six economic strategies used by microbes to optimize their success in markets. An economic market framework is a useful tool to generate specific and interesting predictions about microbial interactions, including the evolution of partner discrimination, hoarding strategies, specialized versus diversified mutualistic services, and the role of spatial structures, such as flocks and consortia. There is untapped potential for studying the evolutionary dynamics of microbial systems. Market theory can help structure this potential by characterizing strategic investment of microbes across a diversity of conditions.
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Applied Microbiology 2017
November 29-December 01, 2017 Madrid, Spain
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