Inoculating Turntables Market: Analysis of Rising Business Opportunities with Prominent Investment Ratio by 2026
Inoculating turntables are small devices used for easy and even spreading of inoculum on the substrate, during culture media preparation and straining. Inoculating turntables turn around petri dish on a concentric point using ball bearings, which ensures smooth and effortless spinning for faster and more accurate inoculation. Inoculating turntables are of two types based on the mode of force used to turn the platform – hand-operated and electronic. Electronic turntables offers different rpm settings and a hand or leg operated pedal to on and off the rotations. Increasing number of end users of this product, is expected to be major factor driving the inoculation turntable market growth during the forecast period. However, lack of awareness about turntable inoculating devices/instruments amongst small scale laboratories is expected to be hinder growth of the inoculating turntable market.
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Inoculating Turntables Market Dynamics
Increasing use of inoculation turntable for even streaking in microbiology and pharmaceutical industry is expected to boost growth of the inoculating turntables market. For instance, to assess drug efficacy on any bacteria or microbes, the culture media plays a vital role in bacteria production. The involvement or usage of inoculating turntable helps in dense growth of bacterial/microbial colony. Inoculating turntables are commonly used in culture in research laboratories, majorly for antiseptic and antibiotics drugs. For instance, according to Lancet Infectious Diseases Commission, 2014, the consumption of antibiotic drugs raised gradually to 36% from 2000 to 2010. Additionally, BRICS countries contributed a share of around 75.4% of the growth. Dense antibiotic drug manufacturing by culture media on inoculating turntable, is a major factor driving growth of Inoculating turntable market. Moreover, all such factors favor an opportunity-rich growth for the inoculating turntable market over the next couple of decades.
Inoculating Turntables Market – Regional Analysis
Regional segmentation of inoculating turntables market by Coherent Market Insights includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America inoculating turntable market held the dominant position in the year 2017 and the region is expected to retain its position over the forecast period. This is owing to rising inoculation turntable application and presence of major pharmaceutical players in the region. However, Asia Pacific inoculating turntable market is expected to exhibit strong trajectory growth. This is owing to fast developing biotechnology sectors in emerging countries such as India and China. For instance, according to India Brand Equity Foundation, 2017 report, India holds 12th position in biotech destination in the world and third position in the Asia Pacific region.
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Inoculating Turntables Market – Competitive Analysis
Key market players operating in the inoculating turntables market are Thomas Scientific, Merck & Co., WLD-TEC GmbH, ISOLAB Laborgerate, and Cole-Parmer Instrument Company, LLC.