PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1461178
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1461178
Global Petri Dishes Market is valued at approximately USD 384.5 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2023-2030. Petri dishes are shallow, circular, and transparent glass or plastic dishes with lids. They are widely used in laboratory settings for cultivating and observing microorganisms such as bacteria, fungi, and algae. Petri dishes provide a sterile environment for the growth of microorganisms on a nutrient agar gel or agarose medium. The dishes are essential tools in microbiology, allowing scientists to culture, isolate, and study microorganisms for various research, diagnostic, and educational purposes. Petri dishes are also used for performing microbiological tests, counting bacterial colonies, and conducting experiments in fields such as molecular biology, genetics, and pharmaceutical development.The Petri Dishes Market is expanding because of factors such as the surge in demand from end-use industries, advancements in healthcare infrastructure, rise in adoption of sterile disposable products, and increased focus on environmental monitoring.
In addition, the growing environmental concerns surrounding the disposal of plastic petri dishes have spurred a shift towards biodegradable and innovative materials for manufacturing. Researchers and organizations are increasingly prioritizing sustainability, driving the adoption of eco-friendly alternatives. Initiatives by government bodies, research institutes, and healthcare facilities aim to foster sustainable practices in laboratories, promoting the use of biodegradable labware. A 2021 report from the Emory Office of Sustainability Initiatives (EOSI) highlighted The Morran Lab's efforts in Biology to reduce waste by implementing reusable alternatives to disposable dishes. Collaborative workshops, such as the one organized by Green Labs Austria, Merck KGaA, and the University of Vienna in November 2022, underscore the collective commitment to developing systemic solutions for recycling and reducing single-use plastics in laboratories. The concerted efforts of stakeholders and researchers towards sustainable practices are expected to drive a significant and enduring trend towards green labs, fostering a more environmentally responsible approach to laboratory operations. Thus, rising shifting towards biodegradable labware for sustainability is propelling the growth of the Petri Dishes Market during the estimated period. Moreover, the increasing research and development activities among healthcare providers, as well as the growth of biotechnology and pharmaceutical sectors, present various lucrative opportunities over the forecast years. However, the competition from alternative technologies and the regulatory compliance are challenging the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Petri Dishes Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the growing demand for pharmaceuticals and therapies, leading to rising use of labware by researchers. Furthermore, the expansion initiatives undertaken by healthcare companies are facilitating increased product penetration in the region. For instance, in March 2023, Thermo Fisher Scientific Inc. inaugurated a cell therapy facility at the University of California, San Francisco, aimed at expediting the advancement of ground-breaking therapies. This initiative is anticipated to further elevate the demand for labware instrumentation essential for the research processes. Whereas, Asia Pacific is expected to grow at the fastest growth rate over the forecast years. The growing emphasis on establishing new distribution centers to improve the supply of labware, including cell culture dishes to bolster support for the biopharma and biotech industry is anticipated to drive the adoption of such products. For example, in July 2023, Avantor Inc. expanded its Singapore Hub, incorporating newly added cGMP manufacturing and a QC laboratory. This expansion initiative aims to fortify the region's innovation and biopharma infrastructure, signaling a positive trajectory for the adoption of labware products in the area.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable