Global E. Coli Testing Market Set for Rapid Growth, To Reach USD Around 2.0 Billion by 2021

The report covers forecast and analysis for the E. coli testing market on a global and regional level. 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. 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.

The major driving factor for the global E. coli testing market is increasing government support for E. coli tests and the rising occurrence and high morbidity of E. coli. The development of drug-resistant species is another key factor is anticipated to drive the market growth in the years to come. However, high cost of enzyme-substrate test is expected to curb the market growth in the near future. Nonetheless, technological advancement coupled with increasing use of polymerase chain reaction (PCR) tests for environment water testing is projected to open up new growth opportunities during the forecast period.

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In order to give the users of this report a comprehensive view on the E. coli testing 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. 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, waste water treatment organizations, bottle water suppliers and others. Bottle water suppliers segment accounted for large chunk of the market share in the 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 report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, product and regional expansion of major participants involved in the market on global and regional basis. Moreover, the study covers price trend analysis, product portfolio of various companies along with patent analysis (2011-2016) bifurcated into patent trend, patent share by company and patent analysis according to region.

The study provides a decisive view on the E. coli testing market by segmenting the market based on testing method of E. coli testing, end-users and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Based on test the market is segmented into membrane filtration (MF), enzyme-substrate methods, polymerase chain reaction (PCR) tests, and others. Key end-user market covered under this study includes diagnostic laboratories, hospitals, waste water treatment organizations, bottle water suppliers and other end-user. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

The report also includes detailed profiles of key players such as Abbott Laboratories, Danaher Corporation, Bio-Rad Laboratories, Enzo Life Sciences, Inc., and Hologic, among others. The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.

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