Dublin, April 03, 2023 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
The Microbiological testing of water is estimated at USD 1.6 Billion in 2022. It is projected to grow at a CAGR of 7.4% to reach USD 2.3 Billion by 2027.
The increasing incidences of waterborne diseases are one of the major factors driving growth in the microbiological testing of water market. Most deaths globally are caused by water-borne illnesses, particularly in developing and underdeveloped countries.
It is possible to prevent many of these diseases with one simple action, by testing the water and ensuring its quality and suitability for human consumption. The analysis of harmful biological organisms, elements, and compounds in the water is aided by the microbiological testing of water.
Industrial water, by water type, is projected to observe the fastest growth in the Microbiological testing of water market throughout the forecasted period
Due to the high-water usage in the industrial sector and the presence of adequate regulations to support such testing, the industrial water segment dominated the global market for microbiological testing of water.
The Pharmaceutical segment by industry is estimated to account for the largest market share in the global Microbiological testing of water market
The growth of the pharmaceutical industry is also expected to fuel the development of the global microbiological testing of water market. Purified water and water for injections (WFI) are the two primary types of water that are used by the pharmaceutical industry. Both types of water need to be assessed for bioburden, and WFI also must be tested for bacterial endotoxins.
North America is expected to account for the largest market share in the Microbiological testing of water market
North America is the largest regional market for the microbiological testing of water and is expected to grow steadily due to the stringent food norms and strict legislation for the industrial usage of water. With the increasing number of FDA regulations governing the safety & quality of drinking water, there is a surge in the demand for microbial water testing solutions
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 290 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value (USD) in 2022 | $1.6 Billion |
| Forecasted Market Value (USD) by 2027 | $2.3 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Increasing Need for Microbial Water Quality Analysis
- Stringent Regulatory Environment
- Shift from Culture-Based Tests to Rapid Tests for Cost & Time Effectiveness
- Active Involvement of Government Authorities
Restraints
- High Capital Investment
Opportunities
- Growing Market in Emerging Economies
- Introduction of Innovative Rapid Technologies
Challenges
- Lack of Basic Supporting Infrastructure
Case Study Analysis
- Zurich Water Works (Wvz): Batch-Processing of Drinking Water Samples for Microbial Testing
- Luminultra: Rapid Microbial Assessment Following Legionellosis in Nursing Home
Companies Mentioned
- 3M
- Accepta Ltd
- Agilent Technologies, Inc.
- Avantor, Inc.
- Bio-Rad Laboratories, Inc.
- Danaher Corporation
- Dohler Group
- Edvotek Inc.
- General Laboratory Products
- Hardy Diagnostics
- Himedia Laboratories
- IBI Scientific
- Idexx Laboratories, Inc.
- IPM Scientific, Inc.
- Lamotte Company
- Merck KGaA
- Micrology Laboratories
- MP Biomedicals
- Northeast Laboratory Services
- Oxyrase Inc.
- Pall Corporation
- Perkinelmer, Inc.
- Salus Scientific Inc.
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
For more information about this report visit https://www.researchandmarkets.com/r/xo9xh2
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