The global Automated Colony Counter market was worth around USD 389.2 million in 2021 and is estimated to grow to about USD 567.8 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.5 percent over the forecast period.
The global Automated Colony Counter market was worth around USD 389.2 million in 2021 and is estimated to grow to about USD 567.8 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.5 percent over the forecast period. The report analyzes the Automated Colony Counter market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Automated Colony Counter market.
Automated Colony Counters enable the counting of quick and traceable results in laboratories and other applications as well. Increasing spending on research and development activities is expected to favor Automated Colony Counter market growth over the forecast period. Microbiology studies are one of the prime applications for Automated Colony Counter and will be majorly driving the Automated Colony Counter market potential through 2028.
Increasing demand for automation in medical research and laboratories is also expected to favor Automated Colony Counter market growth through 2028. Rising demand for the reduction of human error and commercialization of novel technologies will further bolster Automated Colony Counter market potential over the coming years.
Increasing investments in research in the developing economies of India and China are expected to offer lucrative opportunities for Automated Colony Counter manufacturers over the forecast period. Automated Colony Counter companies can target these markets to strengthen their global market presence and boost sales.
However, the Automated Colony Counter market will be hindered by the high costs of Automated Colony Counter through the forecast period.
The COVID-19 pandemic had a significantly adverse impact on the Automated Colony Counter market. The increased research for developing a vaccine led to some increase in demand for Automated Colony Counter in laboratories but this was not enough to keep the market from plunging into a negative growth curve.
Hampered research and development activity and restricted research facilities running were major factors that impacted sales of Automated Colony Counter in a negative manner. The Automated Colony Counter market is expected to make a steady comeback in the post-pandemic era as the world returns to normal and research for all medical practices is resumed to pre-pandemic levels.
Increasing Automation in Research Laboratories
The world has seen a substantial rise in the prevalence of new chronic diseases and this trend has also spawned a wide scope for research across the world. Increasing research activity has subsequently increased the demand for advanced solutions such as Automated Colony Counter. The increasing trend of lab automation will also favor the Automated Colony Counter market growth in the long run. Increasing investments in research and development are also expected to boost Automated Colony Counter demand through 2028.
High Costs to Hinder Automated Colony Counter Sales
Automated Colony Counters are advanced equipment that is currently priced at a high price point which is acting as a restraining factor for the global Automated Colony Counter market. Automated Colony Counter companies are expected to focus on making new affordable solutions to enable Automated Colony Counter market growth at full potential.
Global Automated Colony Counter Market: Segmentation
The global Automated Colony Counter market is segregated based on application, and region.
By Application, the Automated Colony Counter market is segmented into Microbiology studies, Antibiotic testing, Fluids contamination, Hygiene studies, and GFP Colonies. The microbiology studies segment is projected to be the most lucrative of all since the adoption of Automated Colony Counter in this segment is high. An increasing number of microbiology studies will further bolster the growth in this segment over the forecast period for the Automated Colony Counter market.
North America is predicted to see high adoption of Automated Colony Counter over the forecast period owing to rising research and development activity in this region. Rising support from the government and the presence of key research companies is also expected to bolster the Automated Colony Counter market potential in this region. The increasing use of automated laboratory equipment is also expected to positively impact the Automated Colony Counter market growth through 2028. The region is expected to account for a market share of around 40% over the forecast period. Increasing healthcare expenditure and the presence of developed healthcare infrastructure will further cement the Automated Colony Counter market stance. The United States is anticipated to be the most notable market in this region through 2028.
Report Scope:
Some of the main competitors dominating the global Automated Colony Counter market include - INTERSCIENCE, IUL, UVP, AID, BioMerieux, Schuett, Synbiosis, BioLogics, WTW, Bibby Scientific, SK-Electronics, SP Scienceware, KROWNUS, Instem, Rocker¸Shineso, ORIENTOP, Wseen, Yalien, YLN.
Global Automated Colony Counter market is segmented as follows:
FrequentlyAsked Questions
Increasing research and development activities and rising demand for automation are major trends that guide Automated Colony Counter market growth.
According to the Market Research report, the global Automated Colony Counter market was worth about US$ 389.2 million in 2021 and is predicted to grow to around US$ 567.8 million by 2028, with a compound annual growth rate (CAGR) of around 6.5 percent.
The North America is predicted to see high adoption of Automated Colony Counter over the forecast period owing to rising research and development activity in this region.
Some of the main competitors dominating the global Automated Colony Counter market include – INTERSCIENCE, IUL, UVP, AID, BioMerieux, Schuett, Synbiosis, BioLogics, WTW, Bibby Scientific, SK-Electronics, SP Scienceware, KROWNUS, Instem, Rocker¸Shineso, ORIENTOP, Wseen, Yalien, YLN
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