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The escherichia coli testing market share is expected to increase by USD 787.91 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.86%.
This escherichia coli testing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers escherichia coli testing market segmentation by type (environmental testing and clinical testing) and geography (North America, Europe, Asia, and ROW). The escherichia coli testing market report also offers information on several market vendors, including 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. among others.
Download the Free Report Sample to Unlock the Escherichia Coli Testing Market Size for the Forecast Period and Other Important Statistics
The growing need for microbial water quality analysis is notably driving the escherichia coli testing market growth, although factors such as reliability of the testing kits may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the escherichia coli testing industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Escherichia Coli Testing Market Driver
Key Escherichia Coli Testing Market Trend
Key Escherichia Coli Testing Market Challenge
This escherichia coli testing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global escherichia coli testing market as a part of the global life sciences tools and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the escherichia coli testing market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the escherichia coli testing market encompasses successful business strategies deployed by the key vendors. The escherichia coli testing market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Abbott Laboratories - The company offers Shiga Toxin E. coli Test as escherichia coli testing.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The escherichia coli testing market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the escherichia coli testing market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the life sciences tools and services market includes the following core components:
The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.
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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. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of the COVID-19, the diagnostic kits for the testing of the virus were unavailable, which led to global increase in the need for the major leaders to invest upon the R&D of the kits required. The kits which were available for the other viral strains to be tested were allowed to be used, but were inefficient. This unavailability of specific COVID-19 diagnostic tests brought lucrative opportunities for the manufacturers of such diagnostic procedures, to introduce their COVID-19 diagnostic kits.
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The escherichia coli testing market share growth by the environmental testing segment will be significant during the forecast period. 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.
This report provides an accurate prediction of the contribution of all the segments to the growth of the escherichia coli testing market size and actionable market insights on post COVID-19 impact on each segment.
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 |
$ 787.91 million |
Market structure |
Fragmented |
YoY growth (%) |
7.37 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, Germany, UK, China, and Canada |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key 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 recovery analysis 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. |
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