According to a research report titled "Microbiological Testing of Water Market by Pathogen type (Legionella, Coliform, Salmonella, Clostridium, Vibrio), Type (Instruments, Reagents & Test Kits), Water Type (Drinking & Bottle, Industrial water), Industry and Region - Global Forecast to 2027," published by MarketsandMarkets, the microbiological testing of water market was estimated to be worth USD 1.6 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 7.4% to reach USD 2.3 billion by 2027.
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Key Highlights:
- Reagents and Test Kits Lead Growth: The segment of reagents and test kits is expected to achieve the highest CAGR in the microbiological testing of water market. Advancements in testing methods allowing for the analysis of larger sample sizes and reduced testing times contribute to this growth.
- Pharmaceutical Sector Dominance: The pharmaceutical industry is projected to dominate the microbiological testing of water market, holding the largest market share during the forecast period. Microbiological water quality monitoring is crucial for drug development, ensuring pathogen-free water for pharmaceutical products and compliance with regulatory requirements and Good Manufacturing Practices (GMP).
- Asia Pacific Emerges as a Key Market: The Asia-Pacific region is poised to achieve the highest CAGR in the microbiological testing of water market. Increasing awareness of microbiological water contaminants and their impact on health, coupled with the growing demand for packaged drinking water, particularly in China, is driving market expansion in the region.
Key Market Players:
Leading companies in the microbiological testing of water market include 3M (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Döhler Group (Germany), Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Merck (Germany), PerkinElmer, Inc. (US), Bio-Rad Laboratories, Inc. (US), IDEXX Laboratories, Inc. (US), Avantor Inc. (US), Hardy Diagnostics (US), LaMotte Company (US), Accepta Ltd (UK), and General Laboratory Products (US). These players are actively expanding production facilities, launching new products, investing in research and development, and pursuing strategic acquisitions to strengthen their market presence and supply chain.
According to the current analysis of Reports and Data, the global Microbiological Testing of Water Market was valued at USD 1.19 billion in 2018 and is expected to reach USD 2.03 billion by year 2026, at a CAGR of 6.8%.
The process of testing includes sampling, filtration, culturing and incubation processes to give the final results.
Moreover, the increasing contamination of water on account of rising urban waste and climatic changes is a serious cause of concern which has increased the water testing requirements over the years.North America is the largest regional market for the microbiological testing of water and is expected to expand at a steady pace due to the stringent food norms and strict legislations for the industrial usage of water.To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/microbiological-testing-of-water-marketFurther key findings from the report suggest-Various market players are engaged in the launch of user friendly technology.
For instance, Water-Glo from Promega Corporation can identify microbial presence in the water sample in couple of minutes.By pathogen type, the number of tests for Salmonella dominated the microbiological testing of water market in the base year 2018 and is estimated to grow at a CAGR 6.9%.
It indicates the presence of many disease-causing organisms in the sample such as traveler’s disease, urinary tract infection.By type, the instruments segment held the largest share in the global microbiological testing of water market.
Outbreak of epidemiological disease results into increasing demand of blood or other physiological fluid tests, that consequently increases the market demand for test kits and reagents used for microbial testing of water.By industry, the pharmaceutical & bio-pharmaceutical segment held the largest share in the microbiological testing of water market followed by clinical and food industries.
