E. Coli Testing Market Trends, Growth, Size, Share, Demand and Forecast to 2024

• According to Transparency Market Research's latest report on the global E.coli testing market for the historical period 2017-2018 and forecast period 2019-2027, High morbidity and rapid spread of E. coli augment the market growth and Increase in initiatives by government and nongovernment organizations to create awareness are projected to drive the global E.coli testing market during the forecast period
• According to the report, the global E.coli testing market was valued at US$ 1380.0 Mn in 2018 and is anticipated to expand at a CAGR of 7.5% from 2019 to 2027

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High morbidity and rapid spread of E. coli augment the market growth: Key Drivers
• Water and foodborne diseases are on the rise globally, especially in underdeveloped and developing nations. E. coli has been identified as one of the major causative organisms of water and foodborne diseases.
• Prevalence of diarrhea and hemolytic uremic syndrome (HUS) is increasing rapidly across the world. These are mostly caused by E. coli infections.
• In addition, epidemic of E. coli infections in Germany during 2011 had spread to various parts of the world (more than 10 countries), including the U.S., the U.K., Spain, and France. Moreover, countries in the WHO European region have reported significant number of infections caused due to verocytotoxin-producing E. coli O104:H4 strains.
• Various environmental as well as clinical samples are tested regularly to identify E. coli contamination and take preventive measures, especially during epidemics, in order to stop the spread of infections. Therefore, rapid increase of water and foodborne E. coli diseases has boosted the demand for E. coli testing globally.

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Increase in initiatives by government and nongovernment organizations to create awareness Boost Market Growth
• Increase in regulatory requirements on water and food intended for human use has significantly boosted the demand for E. coli testing. In 2009, the U.S. FDA implemented a policy wherein bottled water vendors must test their source water for potential contaminants such as E. coli.
• As per the policy of the federal agency, bottled water manufacturers are required to maintain consistent records for source water testing. Any source tested positive for E. coli must be treated appropriately before its use in the manufacture of the final product.
High cost of enzyme-substrate test as compared to separate apparatus to Hamper Market
• Enzyme-substrate test or presence/absence (P/A) test kit is a key product driving the global E. coli testing market
• Although the test kit costs between an average of US$ 3 and US$ 6 per test, the price is still higher as compared to the cost per test conducted using individual apparatus
• Membrane filtration test is a highly preferred test, especially in low- and middle-income countries as this test delivers most accurate results and is more cost effective as compared to ready-to-use P/A test kits. Currently, more than 40% of the total environmental E. coli tests performed in Asia Pacific and Latin America use test kits.
• Hence, high cost is a potential factor, limiting the uptake of these test kits in developing regions

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Global E.coli testing market: Competitive Landscape
• This report profiles major players in the global E.coli testing market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
• The global E.coli testing market is highly fragmented, with the presence of a number of international as well as regional players
• Leading players operating in the global E.coli testing market are
o IDEXX Laboratories, Inc.,
o Meridian Bioscience, Inc.,
o Becton,
o Dickinson and Company,
o Thermo Fisher Scientific, Inc.,
o CPI International, Inc.,
o Bio-Rad Laboratories, Inc.,
o Pro-Lab Diagnostics, Inc.,
o Alere Inc.,
o BioMerieux Inc.,
o NanoLogix, Inc. and other
o prominent companies.

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