Monday 30 November 2015

Global E.coli Testing Market to Benefit from the Increasing Number of Government Initiatives

According to a recent market research report released by Transparency Market Research, the global E. coli testing market is estimated to grow at a CAGR of 6.58% during the period between 2014 and 2022. The report, titled “E.coli Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, forecasts the global E. coli testing market to be worth US$2.1 bn by 2022. The overall market stood at a valuation of US$1.2 bn in 2013.

Browse the full E.coli Testing Market (Environmental Testing and Clinical Testing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022 report at http://www.transparencymarketresearch.com/e-coli-testing-market.html
Escherichia coli or E. coli bacteria are normally present in the intestines of healthy animals and humans. Though most strains of the bacteria are harmless, some of them can cause severe abdominal cramps and bloody diarrhea accompanied by vomiting. The report points out that the high morbidity and rapid spread of E. coli has augmented the growth of the global E. coli testing market. Development of drug-resistant species and initiatives taken by governments across nations have boosted the growth of the market. However, the high cost of enzyme-substrate test as compared to separate apparatus will restrict the overall E. coli testing market. The report mentions that the market has a huge potential to grow with the introduction of polymerase chain reaction tests for environment water testing.

On the basis of methods, the report segments the global E. coli testing market into environmental testing and clinical testing. Environmental testing has been further segmented into enzyme substrate methods, membrane filtration (MF), and multiple tube fermentation (MTF). Clinical testing methods have been sub-segmented into enzyme immunoassays (EIA), polymerase chain reaction (PCR) tests, and others.
Multiple tube fermentation is one of the oldest methods of E. coli tests and is being extensively replaced by the membrane filtration method. Enzyme substrate methods are qualitative tests that are easy to perform and do not require sophisticated laboratory equipment. This has increased the demand for the enzyme substrate test kits. The report mentions that in terms of revenue, enzyme substrate tests hold an 80% market share, whereas in terms of volume, these tests account for 40% of the market. Volume-wise, membrane filtration method leads the market, as it is a cost-effective alternative to enzyme substrate tests.
According to end use, the report segments environmental E. coli testing market into bottled water suppliers, home and drinking water suppliers, waste water treatment organizations, and others including private well owners, government agencies, ground water testing, and farm water testing. The clinical E. coli testing market has been divided into diagnostic laboratories, hospitals, and physician offices. The demand for E. coli testing is significantly high among home and drinking water suppliers as well as bottled water suppliers.
The report studies the global E. coli testing market across Europe, North America, Latin America, Asia Pacific, Africa, and Rest of the World. Europe dominated the overall market in 2013 due to the outbreak of foodborne infections in Germany in 2011 caused by E. coli O104:H4 strain. During the forecast horizon, Asia Pacific seems the most promising region for the market and is estimated to grow at a CAGR of 6.92%. The high growth prospects of the E. coli testing market in the region can be attributed to water pollution in countries such as China, Japan, and India.

The report profiles some of the key players in the global E. coli testing market such as Danaher Corporation, Abbott Laboratories, bioMerieux, Enzo Life Sciences, Inc., F.Hoffman-La Roche Diagnostics, Hologic, and Bio-Rad Laboratories.

The research study has been segmented as below:
Global E.coli Testing Market, by Testing Methods
Environmental Testing Market, by Testing Methods
Membrane Filtration (MF)
Multiple Tube Fermentation (MTF)
Enzyme-Substrate Methods
Clinical Testing Market, by Testing Methods
Polymerase Chain Reaction (PCR) Tests
Enzyme Immunoassays (EIA)
Others
Global E.coli Testing Market, by End Users
Environmental
Home and Drinking Water Suppliers
Bottled Water Suppliers
Waste Water Treatment Organizations
Others (Government Agencies, Private Well Owners, Ground Water Testing, Farm Water Testing, etc.)
Clinical
Hospitals
Diagnostic Laboratories
Physician Offices
Global E.coli Testing Market, by Geography
North America
United States
Canada
Europe
Germany
United Kingdom
Rest of Europe
Asia Pacific
Japan
China
Rest of Asia Pacific
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM
Africa
South Africa
Nigeria
Rest of Africa
Rest of the World (RoW)
About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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