India Microbiology Reagents Market Size, Share & Forecast 2026 | TechSci Research

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MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com INDIA MICROBIOLOGY REAGENTS MARKET FORECAST & OPPORTUNITIES FY2016 FY2026

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According to #TechSci Research report, India microbiology reagents market is forecast to grow at a formidable CAGR on account of surging incidences of infectious diseases, improving healthcare facilities and expanding elderly population. Report URL- http://bit.ly/3vQKtGN For more market research blogs visit: https://techsciblog.com/ Contact us @ https://www.techsciresearch.com/

Transcript of India Microbiology Reagents Market Size, Share & Forecast 2026 | TechSci Research

Page 1: India Microbiology Reagents Market Size, Share & Forecast 2026 | TechSci Research

MARKET INTELLIGENCE . CONSULTINGwww.techsciresearch.com

INDIA MICROBIOLOGY REAGENTS MARKET

FORECAST & OPPORTUNITIES

FY2016 – FY2026

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Scope of ReportProduct of Interest (POI): Microbiology Reagents

Review Period

FY2016 – FY2019

Base Year

FY2020

Estimated Year

FY2021

Forecast Period

FY2022 – FY2026

Year Range

REGION

• North

• South

• East

• West

Microbiology reagents are substances or compounds used for the identificationof specific metabolism and to differentiate between microorganisms.

Market SegmentationTYPE

• Testing Reagent

• Staining Reagent

• Culture Medium

• Antibiotic Solution

• Others

• Silica gel

• Agar Powder

• Gelatin Powder

• Others

TYPE OF REAGENT

PRODUCT TYPE

• Pathogen

Specific Kits

• General Kits

• Healthcare

• Pharmaceuticals

• Food & Beverage

• Agriculture

• Cosmetics

• Clinical Microbiology

• Academia

• Others

END USER INDUSTRY

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Table of Contents

S. No. Contents Page No.

1. Product Overview (Definition of product and major terminologies used in the report)

2.Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys)

3. Executive Summary

4. Voice of Customer

5. India Microbiology Reagents Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1.By Type (Testing Reagent, Staining Reagent, Culture Medium, Antibiotic Solution,

Others)

5.2.2. By Type of Reagent (Silica gel, Agar Powder, Gelatin Powder and Others)

5.2.3. By Product Type (Pathogen Specific Kits v/s General Kits)

5.2.4.By End User Industry (Healthcare, Pharmaceuticals, Food & Beverage,

Agriculture, Cosmetics, Clinical Microbiology, Academia, Others)

5.2.5. By Company

5.2.6. By Region

5.3. Product Market Map

6. North India Microbiology Reagents Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

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S. No. Contents Page No.

6.2.1. By Type

6.2.2. By Product Type

6.2.3. By End User Industry

7. South India Microbiology Reagents Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Product Type

7.2.3. By End User Industry

8. East India Microbiology Reagents Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Product Type

8.2.3. By End User Industry

9. West India Microbiology Reagents Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

Table of Contents

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S. No. Contents Page No.

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Product Type

9.2.3. By End User Industry

10. Market Dynamics (This chapter assesses the major demand drivers and restraints.)

10.1. Drivers

10.2. Challenges

11.Market Trends & Developments (This section captures recent trends pertaining to manufacturing or consumption,market movements in terms of points of production and consumption, advancements and development)

12. Impact of COVID-19 on India Microbiology Reagents Market

13. Competitive Landscape

13.1. Competition Outlook

13.2. Company Profiles

13.2.1. Company Details

13.2.2. Products & Services

13.2.3. Financials (As Reported)

13.2.4. Key Market Focus and Geographical Presence

13.2.5. Planned Investments

13.2.6. Market Positioning

14. Strategic Recommendations

15. About Us & Disclaimer

Table of Contents

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RESEARCH METHODOLOGY

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Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the India microbiology

reagents market, overall market size and segmental

market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the India microbiology

reagents market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

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Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the India microbiology reagents market. The team has analyzed

the outlook of various segments of this market, while considering the major influencing factors such as increasing prevalence of infectious diseases.

The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in

the India microbiology reagents market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for the year FY2020 was calculated based on information collected through exhaustive

secondary research and primary surveys, with various key opinion leaders/stakeholders, such as microbiology reagents companies, channel partners,

market influencers & end-users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 microbiology reagents companies, 100 – 120 end-users, and 15 – 20 industry experts and other value chain

stakeholders in the India microbiology reagents market to obtain the overall market size from FY2016 to FY2020, which was validated by the Delphi

technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during FY2016-FY2020.

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Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by type of reagent, by type, by product type, by end user

industry, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares

generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were

further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market share by type of reagent, by type, by product type, by end user industry, by company and by region were calculated based on the responses

received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from

various segments of microbiology reagents market. The final shares were calculated by taking the geometric mean of the responses gathered from

key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India microbiology

reagents market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

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Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that

the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),

with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

• Thermo Fisher Scientific India

• Sigma-Aldrich Corporation

• Becton Dickinson Private Limited

• Siemens Healthineers India

• Bio-Rad laboratories India Pvt.Ltd

• bioMérieux India

• Roche Diagnostics India Pvt Ltd

• Sisco Research Laboratories Pvt Ltd

• Biomark Laboratories India

• World Bank

• TechSci Research Proprietary Database & Knowledge Repository

• Company Annual Reports

• Industry Magazines

• Industry Reports

• News Dailies

• Credible Paid Databases

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Industry Brief

According to TechSci Research report, “India Microbiology Reagents Market By Type, By Type of Reagent, By Product Type, By End

User Industry, By Company, By Region, Forecast & Opportunities, FY2026”, the India microbiology reagents market is expected to

grow at a formidable rate during the forecast period. Growing advancements in technology are projected to act as a major market

driving factor. Moreover, an increase in the count of microbial infections, including cancer, renal diseases, and urinary tract infections,

among others, leads to a rise in the number of patients and requirement for continuous diagnosis of their health. This is further

expected to fuel the market growth through FY2026. Furthermore, increasing investments in research and development activities by

major market players are estimated to boost the growth of India microbiology reagents market. Growing demand for microbial testing

of food along with favorable government policies is further expected to drive the market growth during the forecast period. However,

short shelf life of microbiology reagents can act as a major impediment to the growth of India microbiology reagents market over the

next few years.

The India microbiology reagents market is segmented based on type, type of reagent, product type, end user industry, company, and

region. Based on end user industry, the market can be fragmented into healthcare, pharmaceuticals, food & beverage, agriculture,

cosmetics, clinical microbiology, academia, others. The clinical microbiology segment is expected to dominate the market in the

forthcoming years on account of the increasing number of clinical services across the country. In addition to this, a mounting number

of microbiology based clinical trials is further contributing to the growing trend. Besides, the pharmaceutical segment is projected to

witness high growth during the forecast years. This growth is accredited to the presence of well-established pharmaceutical

companies coupled with a high volume of pharmaceutical drugs manufactured in the country.

Thermo Fisher Scientific India Ltd., Sigma-Aldrich Corporation, Becton Dickinson Private Limited, Siemens Healthineers India Ltd.,

Bio-Rad laboratories India Pvt.Ltd, bioMérieux India Ltd., Roche Diagnostics India Pvt Ltd, Sisco Research Laboratories Pvt Ltd,

Biomark Laboratories India Ltd, Danaher India (DHR India Pvt. Ltd.) and others are some of the leading players operating in the India

microbiology reagents market. Companies operating in the market are using Go-To-Market strategies, such as product launches,

mergers & acquisitions and research collaborations, to boost their share and increase their geographic reach.

“India microbiology reagents market is expected to witness steady growth during the forecast period on account of growing geriatric

population susceptible to various chronic diseases. Along with this, increased focus on offering better patient care is further

forecasted to bode well for the growth of microbiology reagents market in the country. Moreover, the sudden outbreak of COVID-19

along with other outbreaks such as Zika virus, and Ebola, is further expected to create lucrative opportunities for the market growth of

India microbiology reagents market over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a

research based India management consulting firm.

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Sample Data - Snapshot

India Microbiology Reagents Market Size, By Value (USD Million), FY2016-FY2026F

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

FY2016 FY2020 FY2021E FY2026F

By Value (USD Million)

CAGR By Value CAGR By Value

XX% YY%

North India Microbiology Reagents Market Share, By Type, By Value, FY2016–FY2026F

20%20%

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FY2016

FY2017

FY2018

FY2019

FY2020

FY2021E

FY2022F

FY2023F

FY2024F

FY2025F

FY2026F

Testing Reagent Staining Reagent Culture Medium Antibiotic Solution Others

North India Microbiology Reagents Market Share, By End User Industry, By Value, FY2016–FY2026F

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

30%30%30%30%30%30%30%30%30%30%30%

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021E

FY2022F

FY2023F

FY2024F

FY2025F

FY2026F

Healthcare Pharmaceuticals Food & Beverage Agriculture

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Report Name: INDIA MICROBIOLOGY REAGENTS MARKET

FORECAST & OPPORTUNITIES

FY2016 – FY2026

Page 14: India Microbiology Reagents Market Size, Share & Forecast 2026 | TechSci Research

About Us & Disclaimer

TechSci Research is a India market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business Modes that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

Modes use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ Mode of a country, regional and India

industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or

complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.

However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results

obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together

with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal

consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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