E. Coli Testing Market to Show $2.0 Billion by 2021

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

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Deerfield Beach, FL -- (SBWire) -- 10/16/2017 --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. 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"

The report covers forecast and analysis for the E. coli testing market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based revenue (USD Million). The study includes drivers and restraints for the E. coli testing market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the E. coli testing market on a global level.

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In order to give the users of this report a comprehensive view on the E. coli testing the market, we have included competitive landscape and analysis of Porter's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein testing method segments and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.

Based on testing methods, the E. coli testing market can be segmented into membrane filtration (MF), enzyme-substrate methods, polymerase chain reaction (PCR) tests, and others.

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Enzyme substrate tests accounted for largest share of the total market in 2015. Membrane filtration is another leading segment and expected to exhibit strong growth in the near future.

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 the 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.

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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 in 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.

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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