The Global Bacterial Diagnostics in Aquaculture Industry in 2022 was US$ 3,811.5 million and is estimated to be worth US$ 4,024.7 million in 2023. As per our seasoned analyst at FMI, the global bacterial diagnostics in aquaculture market is predicted to thrive at a CAGR of 7.0% between 2023 and 2033, totaling around US$ 7,948.6 million by 2033.
Overall sales in demand for bacterial diagnostics in aquaculture industry act in a positive way as it dominantly impacts market growth that automatically leads to the opening up of new entrants in the market. It further helps to understand unmet needs or untapped potential in the market.
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Some of the restraining factors of Global Bacterial Diagnostics in Aquaculture Industry include strict government regulations leading to supply chain disruptions that help in changing consumer preferences that are largely affecting the market growth in the forthcoming years.
Key Takeaways from the Global Bacterial Diagnostics in Aquaculture Industry Study
- The estimated market value of the bacterial diagnostics in aquaculture market in 2018 was US$ 3046.9 million.
- The global bacterial diagnostics in aquaculture market expanded at a CAGR of 4.6% between 2018 and 2022.
- Based on aquatic animals, carp are estimated a market share of 21.4% in 2022.
- Based on technique, molecular diagnostics registered a market share of 37.2% in 2022.
- Germany is estimated to record a 4.1% CAGR from 2023 to 2033.
- Europe developed a market share of 24.3% in 2022.
“The rapid expansion of infectious illnesses in aquaculture is one of the vital drivers of the Global Bacterial Diagnostics in Aquaculture Industry”, comments a Future Market Insights analyst.
Competitive Scenario
Key players in the Global Bacterial Diagnostics in Aquaculture Industry focus on research and development for new product designs. Manufacturers strive to provide cutting-edge technology along with reliable and durable bacterial diagnostics in aquaculture. Furthermore, many companies also focus on strengthening their geographic presence across the globe through partnerships and collaborations with other manufacturers.
Innovations in the Global Bacterial Diagnostics in Aquaculture Industry
- In July 2023, Medical equipment maker Thermo Fisher Scientific cut its annual profit forecast, hurt by weak demand for its biopharma services that included tools and compounds used for making therapeutics and vaccines.
- In May 2023, Thermo Fisher Scientific launched new products. Some of them are chromatography microplates, optical emission spectroscopy, DNA sequencing systems, Fluorometer accessories, Laboratory refrigerators, etc.
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Valuable Insights Available
Future Market Insights offers an unbiased analysis of Global Bacterial Diagnostics in the Aquaculture Industry providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in bacterial diagnostics in aquaculture market is segmented based on key Aquatic Animal Type: (Mackerel, Carps, Milkfish, Sea bream, Sea bass, Trout, Crustaceans, Other species), By Technique: (Histopathology, Electron microscopy, Scanning Electron microscopy, Transmission electron microscopy, Molecular Diagnostics, Polymerase Chain Reaction (PCR), Real-Time PCR, Multiple loop-mediated isothermal amplification PCR, Quantitative PCR, Arbitrary Primed PCR, DNA Probes, DNA microarrays, Immunological Diagnostics, Immunohistochemistry (IHC), Immunofluorescent Antibody Test (IFAT), Immunochromatography), By Distribution Channel: (Aquarium store, E-Commerce, Company stores) and Region: (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)
Key companies profiled
- Aquasol Corporation
- Ziva Impex Pvt Ltd.
- Aquatic Diagnostics Ltd
- Mologic
- Biogenuix
- Auro Biotechnologies
- Enasis Indonesia
- Thermo Fisher Scientific
- LexaGene, Myron L
Key Segments for the Global Bacterial Diagnostics in Aquaculture Industry
By Aquatic Animal Type:
- Mackerel
- Carps
- Milkfish
- Sea bream
- Sea bass
- Trout
- Crustaceans
- Other species
By Technique:
- Histopathology
- Electron microscopy
- Scanning Electron microscopy
- Transmission electron microscopy
- Molecular Diagnostics
- Polymerase Chain Reaction (PCR)
- Real-Time PCR
- Multiple loop-mediated isothermal amplification PCR
- Quantitative PCR
- Arbitrary Primed PCR
- DNA Probes
- DNA microarrays
- Immunological Diagnostics
- Immunohistochemistry (IHC)
- Immunofluorescent Antibody Test (IFAT)
- Immunochromatography
By Distribution Channel:
- Aquarium store
- E-Commerce
- Company stores
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East and Africa
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About the Healthcare Division at Future Market Insights
The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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