Report : Adenosine Triphosphate (ATP) Swab Test Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Free ATP Test and Microbial ATP Test) and Application (Pharmaceutical and Biotechnology Companies, Food and Beverage Companies, Hospitals and Diagnostics Laboratories, and Academic and Research Institutions) and Geography
Microbial ATP Test segment to Grow at Fastest CAGR during Forecast Period
According to our new market research study on “Adenosine Triphosphate (ATP) Swab Test Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type and Application,” the market is expected to reach US$ 369.71 million by 2027 from US$ 198.21 million in 2019; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The report highlights trends prevailing in the global adenosine triphosphate (ATP) swab test market, and the drivers and restraints pertaining to the market growth.
Based on type, the adenosine triphosphate (ATP) swab test market is segmented into free ATP test and microbial ATP test. In 2019, the microbial ATP test segment held the largest share of the market. The same segment is expected to grow at the faster rate during the forecast period. Microbial ATP hygiene monitoring provides a measurement of the direct risks resulting from high levels of microorganisms plus the unintended risks resulting from organic scums that can offer a source of nutrients to microorganisms. Such effective hygienic monitoring is likely to accelerate the growth of the market.
The global adenosine triphosphate (ATP) swab test market growth is mainly attributed to factors such as rising prevalence of healthcare-associated infections and increasing emphasis on food safety. However, limitations of ATP swab tests hinder the market growth.
Hygiena, Llc; 3M; Charm Sciences, Inc.; Kikkoman Biochemifa; Neogen; Ecolab; Ruhof Healthcare Corporation; Luminultra Technologies Ltd.; and Merck KGaA are among the leading companies operating in the adenosine triphosphate (ATP) swab test market.
The report segments global adenosine triphosphate (ATP) swab test market as follows: