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Adenosine Triphosphate (ATP) Swab Test Market Size, Share, Trends, Development Strategies, Top manufacturers and Forecast

11-18-2024 02:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The global Adenosine Triphosphate (ATP) Swab Test Market is expected to reach US$ 369.71 million by 2027 from US$ 198.21 million in 2019; the market is estimated to grow at a CAGR of 8.2% from 2020 to 2027.
The growth of the adenosine triphosphate (ATP) swab test market is mainly attributed to the globally rising prevalence of healthcare-associated infections and increasing emphasis on food safety. However, limitations associated with the ATP swab tests are likely to hamper the growth of the market to a certain extent.

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Analysis of the Top Market Players:

1. Hygiena Llc
2. 3M
3. Charm Sciences Inc.
4. Kikkoman Biochemifa
5. Neogen
6. Ecolab
7. Ruhof Healthcare Corporation
8. Luminultra Technologies Ltd.
9. Merck KGaA

In this report, the market has been segmented on the basis of:

Type (Free ATP Test and Microbial ATP Test)
Application (Pharmaceutical and Biotechnology Companies, Food and Beverage Companies, Hospitals and Diagnostics Laboratories, and Academic and Research Institutions) and Geography

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The utilization of adenosine triphosphate is a major indicator of cleanliness and sterilization in food & beverages. Rising incidence of foodborne diseases and food contamination is prominently expected to drive the ATP swab test market during the forecast period. According to data published by the World Health Organization (WHO) estimated that 600 million new cases that is one in ten people across the globe will fall ill due to contaminated food. Moreover, according to the estimates by the WHO, 1 in 10 people fall ill owing to consumption of unsafe food. In addition, data published by Center for Science and Environment in July 2020 stated that foodborne diarrhea and contaminated water cause deaths of around 700,000 people in Southeast Asia each year. Further, as per data given by the Union Health Ministry of India, out of 1,649 disease outbreaks in India during 2017, around 242 outbreaks were related to the contaminated food and water.

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