PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1482465
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1482465
The global bacterial colony counters market is estimated to be valued at USD 445.2 Mn in 2024, and is expected to reach USD 592.7 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 445.2 Mn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 4.20% | 2031 Value Projection: | US$ 592.7 Mn |
The global bacterial colony counters market is expected to witness significant growth owing to the growing prevalence of diseases worldwide. Bacterial colony counters help microbiologists count bacterial colonies on various plated media. They are used for counting bacterial colonies for quality control applications in the food and beverage industry. Automated colony counters provide accurate, reproducible, and fast results compared to manual counting. Rising concerns over foodborne illnesses are propelling the demand for bacterial quality testing in foods, which is fueling the adoption of bacterial colony counters. Furthermore, technological advancements leading to the development of advanced automated counters with touchscreen interfaces, networking capabilities, and improved memory storage are supporting the market growth. However, high costs of automated counters and limited budgets in developing countries may restrain the market growth to a certain extent.
The global bacterial colony counters market is driven by the rising incidence of infectious diseases worldwide. As per the World Health Organization, infectious diseases account for approximately 26% of global mortality annually. Bacterial culture testing plays a vital role in the diagnosis and treatment of infectious illnesses. Therefore, the growing prevalence of diseases is propelling the demand for bacterial colony counters from diagnostic laboratories and research institutes. However, high costs associated with automated colony counters are expected to restrain the market growth, especially in price-sensitive developing regions. Furthermore, ongoing technological advancements in digital colony counting systems, such as the integration of artificial intelligence (AI) and advanced imaging capabilities, are expected to create lucrative opportunities for manufacturers over the forecast period. The incorporation of artificial intelligence (AI) helps in automating the identification and counting processes, thereby improving efficiency of bacterial colony counter device.
Detailed Segmentation-