According to our new market research study on “E. coli Water Testing Kit Market to 2028 – Global Analysis and Forecast – by Analyte and Application,” the market is expected to reach US$ 305.23 million by 2028 from US$ 194.72 million in 2021; it is expected to grow at a CAGR of 6.6 % from 2021 to 2028. The report highlights the factors governing the E. coli water testing kit market growth, including trends, drivers, and hindrances.
Based on analyte, the E. coli water testing kit market is segmented into E. coli and coliforms. The E. coli segment is estimated to account for a larger market share in 2021, and it is further anticipated to register a higher CAGR during the forecast period.
The E. coli water testing kit market, by application, is segmented into institutional, government research, commercial, beverage and food processing, hospitality, healthcare, and others. The institutional segment is expected to account for the largest market share in 2021. The market for the government research segment is estimated to grow at a higher CAGR from 2021 to 2028.
The COVID-19 pandemic has presented the most significant global health emergency till date. The subsequent lockdowns have resulted in delaying water testing, which resulted in decreased demand for tests and lowered instrument, consumables, and reagent sales. The E. coli water testing kit market witnessed shortfall at the beginning of the COVID-19 crisis due to disruption in supply chains. However, with a resurgence in testing numbers, with countries gradually easing restrictions on public activities, is likely to provide further growth opportunities to the E. coli water testing kit market players.
IDEXX LABORATORIES, INC.; TINTOMETER GMBH; Hach.; WILHELMSEN.; GENEMIS LABORATORIES, INC.; NEOGEN Corporation; AQUAGENX LLC; BIOTOXICITY (EBPI); Vermicon AG.; and BIO-RAD LABORATORIES INC are among the leading companies operating in the E. coli water testing kit market.
Report : E. coli Water Testing Kit Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Analyte (E. coli, and Coliforms); Application (Institutional, Government Research, Commercial, Beverage and Food Processing, Hospitality, Healthcare, and Others), and Geography
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