The Microbiological Testing Of Water Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Microbiological Testing Of Water Global Market Report 2024, The microbiological testing of water market size has grown strongly in recent years. It will grow from $1.82 billion in 2023 to $1.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to growing awareness of waterborne diseases, health concerns and waterborne diseases, environmental awareness and protection, public health crisis response, urbanization and industrialization impact..
The microbiological testing of water market size is expected to see strong growth in the next few years. It will grow to $2.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to market emphasis on point-of-use testing, water security initiatives, integration of blockchain for transparency, rise in consumer awareness and concern, demand for real-time monitoring solutions.. Major trends in the forecast period include increased focus on wastewater testing, demand for green testing solutions, growth in citizen science initiatives, adoption of next-generation sequencing (ngs), expansion of blockchain technology for transparency..
An increase in waterborne diseases is expected to propel the growth of the microbiological testing of the water market going forward. Waterborne diseases refer to ailments brought on by microscopic organisms consumed through tainted water or by contact with feces. The need to do more frequent microbiological testing of water sources has been heightened by the rise of water-borne diseases to guarantee that water that is fit for human consumption is available. For instance, according to the Waterborne Disease Risk Assessment Program 2021 Annual Report by the New York City Department of Health & Mental Hygiene Bureau of Communicable Disease and New York City Department of Environmental Protection Bureau of Water Supply, Giardiasis (an intestinal infection due to unsafe water drinking) cases were reported in 811 patients in 2021 as opposed to 636 patients in 2020. Giardiasis cases per 100,000 people grew from 7.6 in 2020 to 9.8 in 2021, within the range of rates seen over the past ten years. Moreover, compared to 135 occurrences in 2020, there were 278 recorded cases of cryptosporidiosis (watery diarrhea infection) in 2021. In 2021, there were 3.4 cases of cryptosporidiosis for every 100,000 people, up from 1.6 in 2020. Therefore, an increase in waterborne diseases is driving the growth of the microbiological testing of water market.
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The microbiological testing of water market covered in this report is segmented –
1) By Type: Instruments, Reagents And Test Kits
2) By Pathogen Type: Legionella, Coliform, Salmonella, Clostridium, Vibrio
3) By Water Type: Drinking And Bottle, Industrial Water
4) By Industry: Pharmaceuticals, Food, Clinical, Environmental, Chemical And Material, Energy
Technological advancements are a key trend gaining popularity in the microbiological testing of the water market. Major companies operating in the microbiological testing of the water market are adopting new technologies to sustain their position in the market. For instance, in April 2022, Hygiena, a UK-based biotechnology research company, launched RapiScreen Beverage Kit. This ultra-rapid microbiological screening kit for low-pH beverages uses the Innovate System to enable high-performance testing. The technique employs a straightforward three-step procedure that simplifies test setup and reduces operator hands-on time. It also includes RapiScreen ATP bioluminescence technology, which has become the industry standard for testing dairy and beverage goods due to its quickness and absolute absence and presence results.
The microbiological testing of water market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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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.
