E. coli Testing - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global E. coli Testing market is accounted for $1.38 billion in 2018 and is expected to reach $3.04 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Some of the key factors such as increase in drug-resistant E. coli strains and growing demand for accurate diagnostic technology are driving the market growth. However, stringent regulatory atmosphere is the restraining factor for the growth of the market.
Escherichia coli (E. coli) are rod-shaped gram-negative bacteria that are normally found in the foods, environment, and intestines of warm-blooded animals. Most of the E.coli strains are typically harmless to humans, but some strains recognized to cause serious some medical complications like gastrointestinal tract infections, cholecystitis, cholangitis, bacteremia, neonatal meningitis and pneumonia, urinary tract infection (UTI), and mostly spread via contaminated water or food.
By testing methods, membrane filtration segment is expected to grow at a significant market share during the forecast period due to the consideration of enzyme-substrate tests that are qualitative tests, which create the presence of E. coli. Its financial records are approximately 80% of overall income in the E. coli testing market.
On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the support from hastily increasing hospitals and diagnostic centres in developed countries such as India and China, which in turn is likely to raise the command for water testing kits in accordance with the enlargement of the E. coli testing market.
Some of the key players in E. coli Testing Market include Abbott Laboratories, Becton Company, Bio-Rad Laboratories, Inc, CPI International, Inc, Danaher Corporation, Dickinson and Company, Enzo Life Sciences, Inc, Hologic, Idexx Laboratories, Inc, Johnson & Johnson, Meridian Bioscience, Inc, Novartis, Olympus Corporation, Pro-Lab Diagnostics, Inc and Thermo Fisher Scientific, Inc.
Testing Methods Covered:
• Environmental Testing
• Clinical Testing Methods
End Users Covered:
• Physician Offices
• Diagnostic Laboratories
• Research Laboratories
• Waste Water Treatment Organizations
• Bottled Water Suppliers
• Home and Drinking Water Suppliers
• Other Environmental Testings
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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