
NEW YORK, Feb. 25, 2022 /PRNewswire/ -- The "Escherichia Coli Testing Market by Type (environmental testing and clinical testing) and Geography (North America, Europe, Asia, and ROW) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 40% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for escherichia coli testing in North America. Market growth in this region will be faster than the growth of the market in the European and ROW regions. The increasing awareness regarding hygiene and the introduction of advanced testing technologies will facilitate the escherichia coli testing market growth in North America over the forecast period.
The potential growth difference for the escherichia coli testing market between 2021 and 2026 is USD 787.91 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics
- Market Driver - The key factor driving growth in the escherichia coli testing market is the growing need for microbial water quality analysis. Waterborne diseases are the leading cause of death around the world, especially in developing and underdeveloped countries. Children are the most vulnerable segment of waterborne diseases. Several children in developing and underdeveloped countries die due to water-based microbes. The E.coli testing helps to analyze the presence of harmful organisms, elements, and compounds in the water. The increasing discharge of wastes from municipal sewers is one of the critical water quality issues worldwide. This sewage contains human feces, and water contaminated with these effluents may contain microbes that are hazardous to human health, and it is, therefore, essential to do microbiological testing of this contaminated water, which, in turn, leads to growing demand in the E.coli testing market. The rapid industrialization and growing contamination of water resources have boosted the demand for E.coli testing to ensure safe water. Thus, it is further expected to boost the global demand for E.coli testing.
- Market Challenges - The reliability of the testing kits will be a major challenge for the escherichia coli testing market during the forecast period. Standard approaches for identifying microorganisms in food and water are based on methods such as microscopy, culture, phenotypic and genotypic methods, and nucleic acid amplification. Methods such as matrix-assisted laser desorption ionization-time of flight (MALDI-TOF) (a proteomics method), polymerase chain reaction (PCR), and hybridization-microarrays that could detect the expression of thousands of genes simultaneously, have increased the accuracy of the result through culturable organisms. However, next-generation DNA sequencing as part of metagenomic and bioinformatics strategies has helped to broaden sensitivity to a wider array of organisms. One downside with these second-generation sequencing technologies is their cost and long sequencing durations. Thus, longer time duration and high costs associated with E.coli testing restrict the market's growth.
To learn about additional key drivers, trends, and challenges -. Read our FREE Sample Report right now!
Segmentation Analysis
The escherichia coli testing market report is segmented by Type (environmental testing and clinical testing) and Geography (North America, Europe, Asia, and ROW).
The escherichia coli testing market share growth by the environmental testing segment will be significant for revenue generation. The environmental testing segment has captured the highest market share in the global E.coli testing market in 2021. This is attributed to the low cost involved in environmental testing as compared to clinical testing. Factors such as the requirement of less skill and equipment and the ability to test large sample sizes, such as water bodies, will further drive the environmental testing of E.coli during the forecast period.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned ·
- Abbott Laboratories
- Becton Dickinson and Co.
- bioMerieux SA
- Bio Rad Laboratories Inc.
- HiMedia Laboratories Pvt. Ltd.
- Lonza Group Ltd.
- Merck and Co. Inc.
- RAKIRO BIOTECH SYSTEMS PVT. LTD.
- SSI Diagnostica AS
- Thermo Fisher Scientific Inc.
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Escherichia Coli Testing Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.86% |
Market growth 2022-2026 |
USD 787.91 million |
Market structure |
Fragmented |
YoY growth (%) |
7.37 |
Performing market contribution |
North America at 40% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abbott Laboratories, Becton Dickinson and Co., bioMerieux SA, Bio Rad Laboratories Inc., HiMedia Laboratories Pvt. Ltd., Lonza Group Ltd., Merck and Co. Inc., RAKIRO BIOTECH SYSTEMS PVT. LTD., SSI Diagnostica AS, and Thermo Fisher Scientific Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Environmental testing - Market size and forecast 2021-2026
- Clinical testing - Market size and forecast 2021-2026
- Market opportunity by Type
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- Asia - Market size and forecast 2021-2026
- ROW - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Abbott Laboratories
- Becton Dickinson and Co.
- bioMerieux SA
- Bio Rad Laboratories Inc.
- HiMedia Laboratories Pvt. Ltd.
- Lonza Group Ltd.
- Merck and Co. Inc.
- RAKIRO BIOTECH SYSTEMS PVT. LTD.
- SSI Diagnostica AS
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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SOURCE Technavio
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