| “Industrial Microbiology Market Review-2nd Edition: Global Review of Microbiology Testing in the Industrial Market,” (IMMR II) from Strategic Consulting Inc., projects that worldwide microbiology testing in this area will continue to grow over the next 5 years and will reach 1.5 billion tests in 2008 with a market value of over $4.9 billion.  "The market value for these tests will grow at a faster rate than testing volumes. Driving this higher increase is a conversion from traditional microbiological testing methods to rapid methods," says Tom Weschler, president of Strategic Consulting. These newer methods have a higher price per test but are being used more frequently because they provide faster results and/or ease-of-use benefits versus the traditional methods.
Traditional methods currently account for 79.8%, or 906.3 million, of the tests performed worldwide in 2003 in the Industrial Market. Rapid methods (including convenience-based, immunoassay-based, and molecular-based methods) accounted for the remaining 20.2%, or 230.2 million tests.
By 2008, however, much will have changed. Traditional methods will still be the predominant methods used at over 1.0 billion tests, but will represent 69.4% of all tests, which is a reduction of 10.4% based on percentage of tests performed. All the types of rapid methods will make significant gains in usage during the coming 5 year period. When combined, the annual test volume of rapid methods will double from current levels and reach 461.2 million tests in 2008. The gain in the market value for rapid methods will be even more pronounced than the testing volume increases since the rapid methods have much higher average prices per test than traditional methods.
 "With such solid growth prospects, this is a market that all diagnostic manufacturers need to understand and, where they are not currently present, possibly to enter," says Weschler. The Report contains the vital information required to facilitate the making and justification of such key strategic decisions.
"IMMR-2nd Edition" is over 250 pages in length and is presented in sixteen tabulated sections in a well-organized, easy reference spiral binder. Over 180 data tables, charts, and exhibits are clearly displayed and provide extensive insights into this market.In addition to reviewing testing practices by sector, the Report analyzes testing by type of organism; compares the frequency of use of conventional, convenience, immunoassay and PCR-based methodologies; and examines where samples are collected and tests are performed. There are 67 detailed profiles of key diagnostic manufacturers that compete in this market.
The report is based on information from a broad cross-section of sources internationally, including interviews with quality and safety managers at the processing plants in each of the 6 sectors, regulatory officials, industry associations and diagnostic companies. It is a follow-on report to three of Strategic Consulting's previously published market reports titled, "The Industrial Microbiology Market Review (1998)" - "Food Diagnostics: Global Review of Microbiological and Residue Testing in the Food Processing Industry (2002)" and "Global Review of Microbiology Testing in the Pharmaceutical and Personal Care Products Industries (2003)." These Reports have been accepted widely by leading diagnostic manufacturers and investors as highly credible industry analyses.
With offices in Woodstock, VT and London, UK, Strategic Consulting Inc. is a business consulting firm serving industrial diagnostic manufacturers. To obtain more information on "IMMR-2nd Edition" contact Strategic Consulting at (phone) 802-457-9933 or (e-mail) weschler@strategic-consult.com. In Europe, contact Alan Hulme at (phone) + 44-20-7924-4053 or e-mail wah1966@attglobal.net. Or visit the company's Internet site at www.strategic-consult.com.
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