Saudi Arabia Saudi Arabia Microbiology Cell Culture Market Strategies Of Major Industry Competitors

By Author: Pramod Kumar
Total Articles: 97
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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.

Report Description: https://www.psmarketresearch.com/market-analysis/saudi-arabia-microbiology-cell-culture-market

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.

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.