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Global E. Coli Testing Market to Grow Steadily at 6.5% CAGR from 2014-2020

Global E. Coli Testing Market To Reach USD Around 2.0 Billion by 2021


Deerfield Beach, FL -- (SBWIRE) -- 09/26/2017 -- Zion Market Research has published a new report titled "E. Coli Testing (Membrane Filtration (MF), Enzyme-Substrate Methods, Polymerase Chain Reaction (PCR) Tests, And Others) Market for Diagnostic Laboratories, Hospitals, Waste Water Treatment Organizations, Bottle Water Suppliers And Other End-user: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021" According to the report, the global E. coli testing market was valued at around USD 1.2 billion in 2015 and is expected to reach approximately USD 2.0 billion by 2021, growing at a CAGR of around 6.5% between 2016 and 2020.

Escherichia (E.coli)isa type of bacteria commonly found in the lower intestine of warm-bloodedorganisms. E. colican cause diarrhea and it can be transmitted through contaminated water or food, or through contact with animals or persons.E.coli O157:H7creates a toxin called shiga toxin and is known as E. coli (STEC).E. coli are used as indicator organisms to test the effectiveness of effluent disinfection in a wastewater treatment plant.There are different techniques used for E. coli testing including enzyme-substrate methods, and multiple tube fermentation among others.

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The E. coli testing market is mainly driven by the increasing government support for E. coli tests and the rising spread and high morbidity of E. coli. Furthermore, the development of drug-resistant species is another key factor is expected to propel the market growth within the forecast period. However, the high cost of enzyme-substrate tests may hamper the market growth over the years. Nonetheless, increasing use of polymerase chain reaction (PCR) tests for environmental water testing is expected to open up new growth avenues in the near future.

The E. coli testing market is segmented on the basis of different testing methods such as membrane filtration (MF), enzyme-substrate methods, polymerase chain reaction (PCR) tests, and others. Enzyme substrate test segment dominated the market with the largest share of the total market in 2015. Membrane filtration is also accounted for the significant share due to increasing health awareness among people.

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The E. coli testing market is segmented on the basis of different end-user such as diagnostic laboratories, hospitals, wastewater treatment organizations, bottled water suppliers and others. Bottle water suppliers segment accounted for a large chunk of the market share in 2015. This growth is mainly attributed to increasing water pollution. Diagnostic laboratories segment is another key outlet and is expected to witness significant growth within the forecast period.

The E. coli testing market was dominated by Europe with the largest share of the total market in 2014. Europe is followed by Asia Pacific and North America in terms of revenue. This growth is mainly due to the occurrence of foodborne infections within Germany in 2011 due to the E. coli bacteria.Furthermore, Asia Pacific was another leading regional market in 2015. With increased government support coupled with increasing population, Asia Pacific is expected to witness robust growth during 2015 to 2021. However, Latin America and Middle East & Africa are also expected to exhibit significant growth over the forecast period.

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Some of the key players including in the E. coli testing market such as Abbott Laboratories, Danaher Corporation, Bio-Rad Laboratories, Enzo Life Sciences, Inc., and Hologic, Meridian Bioscience, Inc., Dickinson and Company among others.

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