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.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
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:
This report is based on in-depth qualitative and quantitative analyses of the global Automated Colony Counter market. Zion Market Research has collected and analyzed key data belong to the global Automated Colony Counter market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Automated Colony Counter across the world has been calculated through primary and secondary research.
Zion Market Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Automated Colony Counter industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Automated Colony Counter market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
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