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Petri Dish Market To Surpass US$ 180 Million By 2026 - Coherent Market Insights
Petri Dish Market To Surpass US$ 180 Million By 2026 - Coherent Market Insights
“Coherent Market Insights “PETRI DISH MARKET – GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027?

The Global PetriDish Market, by Product Type (Glass Petri dish and Polystyrene Petri dish)by End User (Hospitals and Diagnostic labs and Pharmaceutical and Biotech Companiesand Research and Academic Institutes) and by Region (North America, LatinAmerica, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 155.2million in 2017, and is projected to exhibit a CAGR of 3.6% over the forecastperiod (2018 – 2026).

Petri dish are commonly used labware which allows growth of microorganism such as bacteria, virus and fungiover culture medium such as Agar in order to perform various application suchas diagnosis, research and development etc. Petri dish provides sterile medium,allows visual inspection of the material under study and provide suitablegrowth environment.

Petri dish has been used asdiagnostic tool with culture that confirms presence of particular pathogen(bacteria, fungus and virus). Increased incidence of infectious disease such asurinary tract infection, Tuberculosis, Ebola, sexually transmitted disease, andrespiratory disease worldwide are expected to drive petri dish market growth.According to the World Health Organization (WHO), in 2012, around 3,319 deathswere reported due to infectious and parasitic disease in Sub Saharan Africaregion. According to the same source, in 2014, Ebola accounted for around 8,000deaths in this region.

According to study published inInternational Journal of Microbiology and Applied Science in 2018, around 150Million people are diagnosed with UTI infection annually. Healthcare-acquiredmethicillin-resistant Staphylococcus aureus, which is kind of superbug is oneof major infection that needs culture-based diagnosis. Increasing number ofhospital and diagnostic centers are expected to fuel growth of the Petri dishmarket.

Browse 25 Market Data Tables and30 Figures spread through 160 Pages and in-depth TOC on “Petri Dish Market”- byProduct Type (Glass Petri dish and Polystyrene Petri dish) by End User(Hospitals and Diagnostic labs, Pharmaceutical and Biotech Companies, andResearch and Academic Institutes) and by Region (North America, Latin America,Europe, Asia Pacific, Middle East, and Africa) Global Forecast to 2026

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Increased research anddevelopment efforts to fine cure to chronic disease would be another majorimpetus for growth of petri dish market. Petri dish is significant part of manysmall procedures in developing new drugs.

Key players in the petri dishmarket are introducing new type of products in order to cater increasing demandform end-use industries and to diversify product portfolio thereby strengthenthe market position. For instance, Millipore-Sigma along with Micro tissue,Inc. Launched 3D petri dish in 2014, which mimic the in vivo environment andreduces animal dependency to test the drug or other sample. This is helpful fordrug discovery and other research studies, as many regulatory bodies restrictsanimal use for clinical trial. European Union I 2009, has banned animal studiesfor cosmetic drug testing and same trend is expected to be followed in otherparts of world.

Cellvate AB offers 3D Nano Matrixcell culture plates, which consists of porous and consistent networks ofbiocompatible nanofibers. The fibers provide an environment, which mimic thecomplex surroundings cells experience in their native tissues. Cells in thesenetworks are allowed to proliferate and interact with other cells in threedimensions (3D), in contrast to the monolayer cultures seen on conventional twodimensional (2D) surfaces. This provides life science researchers with morerealistic in-vitro models, which can help reduce the number of drug failures inclinical trials and allows for more relevant data and successful research.

Thermo Scientific offers NuncEasY Dish petri dishes that improve handling, stacking and transporting of cellcultures in labs. The beveled grip ring is easy to hold and stays secure whilehandling them. The dishes receive the standard nunclon delta surface treatmentto maximize adhesion for majority of cell types.

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Key Takeaways of the Petri DishMarket:

The global petri dish market isexpected to exhibit a CAGR of 3.6% over the forecast period, owing to increasedresearch and development in new avenues of medicine such as personalizedmedicine to cure chronic disease

Among product type, glass petridish segment is expected to dominate the market due to its universalavailability, conventional usage, and different variants that has been launchedin recent past such as 3 D petri dish and compartmental petri dish.

Among end users, hospital anddiagnostic labs segment is expected to account for major share due to risingincidence of infectious disease worldwide, which is propelling demand fordiagnostic need.

North America is estimated tohold dominant position in petri dish market, due to presence of majorpharmaceutical firms and research in the academic spaces in North Americaespecially in the U.S.

Some of the major playersoperating in petri dish market include Aicor Medical, NEST Biotechnology,Thermo Fisher, Greiner Bio-One, Corning, Phoenix Biomedical, Millipore Sigma,Reinnervate, Narang Medical Limited, Biosigma S.r.l., and Pall Corporation

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