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Market Analysis of Asian Microbiology 2021

Lizzie Madron

The global market of Bio-refinery technologies will grow from $466.6 billion in 2016 to $814.6 billion by 2021, with a compound annual growth rate (CAGR) of 8.9% for the period of 2016-2021. The global market for microbiology technology, equipment, and  consumables market reached $9.8 billion in revenue in 2015. The market should reach nearly $12.3 billion by 2021, increasing at a compound annual growth rate (CAGR) of 4.6% from 2015 to 2021.The most important global single-cell proteomics market is expected to grow from $555.3 million in 2018 to nearly $1.6 billion in 2022, at a compound annual growth rate (CAGR) of 23.5% from 2018 to 2022.  The business market for fertility clinics in the US should reach a value of $3.6 billion in 2018 and is expected to grow to $4.5 billion by 2022 at a compound annual growth rate (CAGR) of 4.6% for the period of 2018-2022.

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