Biodetection Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Biodetection is witnessing increased acceptance owing to growing bio-terrorism, which in turn results in rising number of illnesses and related deaths. Bioterrorism attacks are carried out using biological agents or biological weapons such as potential pathogens and viruses. Biodetection systems indicate the existence or entry of these pathogens. Bioterrorism attacks are a major concern for governments, as these attacks negatively impact a large population at the same time. For instance, Anthrax scare in 2001, Ricin letters in 2004, severe acute respiratory syndrome (SARS), H1N1 attack in 2009, and Ebola outbreaks in 2014 has resulted in loss of human resources and has adversely affected the overall healthcare systems. Hence, these attacks have led governments to increase their bio-surveillance budgets and procure products that offer shortened bio-attack alarm time, high sensitivity, and selectivity at reasonable costs. Acute stress, genotoxicity, obesity, reproductive toxicity, and xenobiotic metabolism are some of the adverse effects of exposure to bio-contaminants.

Bioanalyses, chemical analyses, contract research, DNA-based assays, and consultancy services are some of the biodetection services offered by market players. Biological analyses includes determining the contaminants and quantification of the same, along with identification of biological effects due to a range of compound classes and mixtures. Furthermore, these assays also assist in identification of the compounds imposing positive health effects such as inhibition and activation of cellular pathways. Contaminant detection is based on detection of biological effect or chemical analysis, and the services include the detection of contaminants in defense, food and environment settings, and clinical.

 

Biodetection Market Taxonomy

On the basis of type of product and services, the global biodetection market is classified into:

  • Product Type
    • Bioanalyses
    • Instruments
    • Reagents and Media
    • Accessories and Consumables
  • Services
    • Bioanalyses
    • Chemical analyses
    • DNA based assays

On the basis of application, the global biodetection market is classified into:

  • Defense
  • Food and Environment
  • Clinical

DNA-based analyses are highly sensitive and validate the presence or absence of a specific species in a sample and assess the presence or absence of specific type of genes in a genome. These analyses are carried out by employing gene sequencing processes along with other molecular diagnostic techniques. Chemical analyses aid in detection and determination of complex mixture of bioactive compounds present in sample (clinical, food or environmental origin). These analyses involve the implementation of several chemical analytical fractionation techniques such as solid phase extraction (SPE), high performance liquid chromatography (HPLC), and gel permeation chromatography. Laboratories involved in offering these services are as per the approved calibration standards and respective government guidelines.

 

Biodetection Market Outlook - Increasing Cross-border Wars Leading to Growing Concern About Bio-contaminants

Regulatory policies and safety standards govern global biodetection market growth. Geographically, Europe and North America are the major revenue contributors to the global biodetection market, as these regions make major investments in bio-surveillance systems and ensure implementation of highly efficient technologies and systems. On the other hand, Asia Pacific and Rest of the World provides lucrative opportunities for biodetection systems, as the governments in these regions are trying to prevent bio attacks and implement effective methods for minimizing damage caused by these attacks.

Steady rise in use of biological agents and weapons along with increased awareness of bioterrorism and biological warfare, is fueling demand for biodetection, especially in Asia Pacific and Middle East regions. Biodetection technologies and medications against potential biological agents and extensive support from governments across the globe is projected to further propel growth of biodetection market. On the contrary, challenges in identification of minute pathogens and increasing misuse of scientific technologies along with increasing circulation of harmful biological weapons and agents would impede biodetection market growth. Some of the companies operating in the global biodetection market include Agilent Technologies, Smiths Group plc, Cepheid, Inc., Roche Diagnostics, Dycor Technologies, Ltd., and BioDetection Systems B.V.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Key Benifits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.