Pharmaceutical Microbiology Market size is anticipated to reach USD 18 Billion by the end of 2036, growing at a CAGR of 9% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of pharmaceutical microbiology was over USD 6 Billion. The market is majorly witnessing growth due to the increase in the occurence of infectious disorders. Infectious diseases like HIV, sexually transmitted infections (STDs), and other infectious disorders including hepatitis A, B, and C are becoming more common across the globe. For instance, worldwide around 39 million persons were found to be HIV positive in 2022. The market is thus driven by the growing prevalence of infectious illness cases caused by contaminated needle injections, homelessness, unprotected sex, lack of access to healthcare, and several other socioeconomic difficulties.
In addition, regulatory agencies such as the FDA and EMA, have stringent guidelines mandating the sterility of pharmaceutical products to ensure patient safety. Compliance with these regulations necessitates throughout the manufacturing process, driving the demand for microbiology services and products. Also, maintaining sterility is essential for preserving the efficacy and safety of pharmaceutical products. Therefore, these factors are accelerating the growth of the market.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~ 9% |
Base Year Market Size (2023) |
~ USD 6 Billion |
Forecast Year Market Size (2036) |
~ USD 18 Billion |
Regional Scope |
|
Product Type (Pharmaceutical, Biopharmaceutical)
In pharmaceutical microbiology market, biopharmaceutical segment is likely to capture over 54% share by 2036. Biopharmaceuticals have a high therapeutic value and can successfully treat a wide range of chronic ailments, such as cancer, diabetes, cardiovascular disease, Parkinson's disease, and many more since they are produced utilizing living bacteria and animal cells. Furthermore, it is anticipated that the need for biologic pharmaceuticals would increase as the global population ages and becomes more vulnerable to chronic disorders.
Pharmaceutical companies are also making significant investments in the development of biological medications, which is creating a growing pipeline of cutting-edge treatments that address a range of illnesses. For example, Novartis's Cosentyx® (secukinumab) has been licensed by the US Food and Drug Administration (FDA) to treat people with moderate to severe hidradenitis suppurative (HS). Cosentyx.2 is the sole FDA-licensed completely human biopharmaceutical that directly suppresses interleukin-17A (IL-17A), a cytokine believed to be involved in HS inflammation.
Service (Microbial Identification, Antimicrobial Effectiveness, Stability Studies, Validation of Microbial Recovery, Minimum Inhibitory Concentration (MIC) Evaluations, Minimum Bactericidal Concentration (MBC) Evaluations)
In pharmaceutical microbiology market, microbial identification segment is predicted to hold more than 35% revenue share by 2036. With the expanding complexity of pharmaceutical manufacturing processes and the worldwide nature of supply chains, pharmaceutical companies are increasingly concerned about microbial contamination. As a result, there is a growing emphasis on microbiological identification to detect and treat contamination issues promptly, ensuring product quality and safety. Furthermore, technological advancements have resulted in the development and acceptance of rapid microbiological techniques (RMM) for microbial identification, which is expected to rise further in the future.
Also, the advent of new microbial diseases is also propelling the growth of the segment. Some microbial diseases include tuberculosis, Lyme disease, measles, malaria, fungal diseases, and others. According to the most recent estimates, there are 476,000 new Lyme cases in the United States each year, and is expected to increase by 59% by 2021. Scientists predict that two million people will suffer from post-treatment Lyme disease by the end of 2020. Microbial identification is critical for tracking and characterizing these infections to establish effective control measures and treatment plans.
Our in-depth analysis of the global market includes the following segments:
Type |
|
Tests |
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End-user |
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Services |
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North American Market Forecast
By the end of 2036, North American region is projected to capture around 36% pharmaceutical microbiology market share. Due to its better health care system and stringent regulations, the region has a higher demand for pharmaceutical microbiology products. Moreover, innovation in testing technologies is encouraged by the existence of large research and development, biotechnology, and pharmaceutical companies.
Other factors contributing to the growth of the market in this region include an aging population, as well as increasing incidences of infectious diseases in the region such as HIV and Influenza. For instance, in the US approximately 25,000 people died from the disease during the flu season in 2019-2020.
APAC Market Statistics
By the end of 2036, Asia Pacific region in pharmaceutical microbiology market is set to dominate around 28% revenue share. The rapid growth of regional nations has led to grown spending on health care, which is driving the demand for pharmaceutical products & services. In addition, the market demand in the region is driven by growing investments in biotechnology and increasing demand for biologics. Moreover, factors such as the availability of skilled labor and supportive regulatory environments have made this region a key hub for pharmaceutical manufacturing activities.
Author Credits: Radhika Pawar
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