Microbiology Culture Market by Regional Analysis North America, Europe, Asia Pacific, Latin America, Middle East
North America to Retain Dominance in Terms of Revenue On the basis of region, the global microbiology culture market is segmented into Asia Pacific, Europe, North America, Latin America, the Middle East, and the Rest of the World. North America emerged as the leading regional market in 2014 with a revenue of US$1.6 bn. The presence of a large pool of biopharmaceutical firms and research institutes played a significant role in driving the market for microbiology culture in North America. Analysts expect this region to retain its lead over the forecast period. However, Asia Pacific is likely to present the most promising opportunities and register the fastest CAGR of 6.80% from 2015 to 2023. The unmet medical needs of people, coupled with the growing prevalence of infectious diseases, the surge in the healthcare expenditure, the rising focus on food safety, and the increasing demand for antibiotics, are likely to provide an opportunity-rich market for participants in the near future. Browse the full Microbiology Culture Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023 report at http://www.transparencymarketresearch.com/microbiology-culture-market.html The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that have strong impact on the current microbiology culture market and are likely to influence the market in the future as well. Market attractiveness analysis has been provided in the market overview section to explain the intensity of competition in the market in different geographies. Porter’s Five Forces Analysis is also provided in this section to understand the microbiology culture market considering different parameters that have an impact on the sustainability of the companies operating in the microbiology culture market. The competitive scenario between different market players is evaluated through market share analysis in the competitive landscape section of the report. All these factors would help the market players to take