A recent report published by Infinium Global Research on microbiological testing of water market provides in-depth analysis of segments and sub-segments in the global as well as regional microbiological testing of water market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional microbiological testing of water market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global microbiological testing of water market. According to the report, the global microbiological testing of water market is projected to grow at a CAGR of 6.1% over the forecast period of 2019-2025.
The growing presence of waterborne diseases around the world is helping to grow the demand for the microbiological testing of the water market around the world. As per the World Health Organization sources, every year around more than 3.4 million people succumbs to death due to the water-related problem. Waterborne diseases are the leading cause of death around the world, especially in developing and underdeveloped countries. Children are the most vulnerable segment of the waterborne problem. Several children in the developing and underdeveloped countries die due to water-based microbiological organisms. A large number of these diseases can be prevented through the one simple measure, by testing the water and ensuring its quality and suitability for human consumption. The microbiological testing of water helps to analyze the presence of harmful biological organisms, elements, and compound inside the water.
The continuous growing industrialization and increasing contamination of the water resources are boosting the demand for the microbiological testing of water to ensure the safe quality of the water. Further, the intensive exploitation of the ground and surface water resources are depleting the availability of the freshwater for the living bodies. This is forcing human beings to search for new water sources and check their suitability for human consumption through the microbiological testing procedure. However, the lack of resources in the rural areas and scarcity of the mobile microbial testing lab and facilities to check the water within limited resources is hampering the growth of this market.
Geographically, the microbiological testing of water market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and the RoW. North America is the largest market, owing to the presence of several companies who are engaged in the microbial testing business in this region. Further, the presence of the strict rules and regulations for the preservation of the water resources and its sustainable use is helping to grow this market at a sustainable rate in this region. The Asia-Pacific microbiological testing of water market is expected to grow at the highest CAGR during the forecast period, owing to the growing industrialization and increasing application of the water resources in this region.
The report on global microbiological testing of water market covers segments such as pathogen type and industry. On the basis of pathogen type, the sub-markets include legionella, coliform, salmonella, vibrio, clostridium, and other pathogen types. On the basis of industry, the sub-markets include pharma & bio-pharma, clinical, food, energy, chemical & material, and other industries.
The report provides profiles of the companies in the market such as MilliporeSigma, IDEXX Laboratories, Inc., Bio-Rad Laboratories, Inc., PerkinElmer, Inc., Sigma-Aldrich Corporation, Shimadzu Corporation, Agilent Technologies, Döhler, Danaher Corporation, and Thermo Fisher Scientific.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of microbiological testing of water market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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