According to a new technical market research report, Global Markets for Microbiology Technology, Equipment and Consumables, from BCC Research , the microbiology equipment and consumables market was valued at nearly $7.7 billion in 2012 and is estimated at $8.5 billion for 2013. BCC Research projects the market to grow to $11.4 billion by 2018, and register a five-year compound annual growth rate of 6.1% from 2013 to 2018.

The report highlights the fastest moving sectors as the public health and biofuel sectors. The public health sector will be driven by the uptake of new technologies within the industry, particularly laboratory automation and rapid microbiological methods. Growth in the biofuel industry will be broad-based, as investment in the industry leads to a ramp up in equipment, technology, and consumables.

This report provides:

• An overview of the global microbiology market.
• Analyses of global market trends, with data from 2012, estimates for 2013, and projections of CAGRs through 2018.
• Discussion of the current state, setbacks, innovations, and the future needs of the market.
• Information regarding key manufacturers and users.

Visit the BCC Research website for more information: Global Markets for Microbiology Technology, Equipment and Consumables,