Saudi Arabia Microbiology Cell Culture Market Key Segments, Size and Future Potential

1. Saudi Arabia Microbiology Cell Culture Market to Reach $38.7 Million by 2023 © P&S Intelligence. All rights reserved Page 1

2. The Saudi Arabian microbiology cell culture market is expected to generate a revenue of $38.7 million by 2023, increasing from $29.8 million in 2017, progressing at a 4.5% CAGR during the forecast period (2018–2023). The key factors leading to the growth of the market are the expanding life sciences market, increasing expenditure in the healthcare industry, surging prevalence of infectious diseases, technological advancements and regulatory approvals, and rising geriatric population. In terms of product, the market is divided into instruments and consumables. Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/saudi- arabia-microbiology-cell-culture-market/report-sample The consumables division is further classified into reagents, media, and others, between which, the media classification accounted for the largest share (44.0%) of the Saudi Arabian microbiology cell culture market in 2017. The large value to volume ratio of these products is leading to the growth of this classification. The instruments division is further classified into cell culture supporting equipment, cell culture vessels, cell culture storage equipment, and bioreactors. Out of these, the cell culture supporting equipment held the largest share of the market in 2017. When culture type is taken into consideration, the Saudi Arabian microbiology cell culture market is categorized into eukaryotic culture and bacterial culture, between which, the bacterial culture category accounted for the larger share of the market in 2017. Bacterial cell cultures are utilized majorly in Saudi Arabia, owing to their wider applications in various areas, as compared to eukaryotic cell culture. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=saudi-arabia-microbiology-cell-culture-market On the basis of end user, the market is divided into academic & research institutes, pharmaceutical & biotechnology companies, food & beverage companies, and others. Among all these, pharmaceutical & biotechnology companies dominated the market in the past, holding a share of 44.3% in 2017. These companies are responsible for conducting a number of research activities in order to take forward the development of drugs, the demand for which is growing due to the surging prevalence of diseases and health conditions all over the globe. A key trend being witnessed in the Saudi Arabian microbiology cell culture market is automation in microbiology, which is aiding in meeting the challenges of rising need for faster turnaround and surging test volumes in microbiology laboratories. The increasing application of laboratory interface systems and swift adoption of computer technology in laboratories enable the utilization of minimal sample volumes for results that are accurate. As per the NCBI (2014), MALDI-TOF MS was used by researcher for identifying new bacteria species in air samples from Makka, Saudi Arabia, during the Hajj. Hence, the market is growing due to the expanding life sciences sector and automation in microbiology. © P&S Intelligence. All rights reserved Page 2

3. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3