Demand for Microbiological Testing of Water Market to Reach US$ 3.1 Bn at a CAGR of 7.2% 2023-2031 | TMR Study

Several end-use industries are investing significantly to guarantee the quality and security of water, which is expected to drive the global Microbiological Testing of Water Market


Wilmington, Delaware, United States, May 04, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc.The Global Microbiological Testing of Water Market was valued at US$ 1.8 Bn in 2022 and is expected to reach US$ 3.1 Bn by 2031, expanding at a CAGR of 7.2% between 2023 and 2031.

The market is driven by rise in concerns about illnesses transmitted via water and increase in demand for high quality, safe water for human use, agriculture, and industrial activities. Implementation of government regulations that require routine water testing to assure both safety and quality is anticipated to accelerate market development in the near future.

Advances in technology are encouraging the development of novel testing approaches that are more efficient, quick, and accurate. These solutions are becoming more popular in the industry due to their simplicity and higher efficiency. Companies involved in the global Microbiological Testing of Water Market are anticipated to record considerable growth, as urbanization and industrialization pick up pace.

The practice of evaluating water samples for the presence and quantity of bacteria that could be harmful to human health is known as microbiological testing of water. Testing is crucial, as microbes including protozoa, viruses, and bacteria are responsible for several aquatic infections. Microbiological testing is crucial to guarantee the safety of water for human, agricultural, and industrial usage. Water is tested for microorganisms using various methods, such as enzyme-substrate testing, presence/absence testing, coliform testing, and membrane filtration.

Market Scope:

Market RevenueUSD 1.8 Bn
Estimated ValueUSD 3.1 Bn
Growth Rate - CAGR7.2% 
Forecast Period2023 - 2031
No. of Pages265 Pages
Market SegmentationBy Type, Water Type, Pathogen Type and End-use Industry
Regions CoveredNorth America, Latin America, Europe, Asia Pacific, Middle East & Africa

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Key Findings of Market Report

  • Based on type, the instruments segment is expected to lead the global market between 2023 to 2031. Instruments for microbiological testing offer rapid, precise findings with high sensitivity and accuracy, which is anticipated to create business opportunities in the global industry.

Global Microbiological Testing of Water Market: Growth Drivers

  • Governments and regulatory authorities of several countries are introducing laws and standards to guarantee safety and quality of drinking water. The Environmental Protection Agency (EPA) in the U.S. sets guidelines for safe drinking water and mandates routine testing for pollutants, including microbes, in public water systems. Thus, rise in focus on water safety and quality is driving market demand.
  • Industries, including those that deal with food & drink, pharmaceuticals, and chemicals & materials, use water extensively. These sectors need a lot of water to complete their industrial processes. The final product's quality could differ significantly depending on the quality of water utilized in the process. Contaminated water can result in foodborne diseases and product recalls. With several end-use sectors making considerable investment in maintaining purity and hygiene of water, business growth of the market is expected in the near future.

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Global Microbiological Testing of Water Market: Regional Landscape

  • North America is anticipated to account for leading share of the global market between 2023 and 2031. This is ascribed to implementation of strict laws governing the quality and safety of the region's water supply as well as the presence of significant suppliers.
  • The microbiological testing market in Europe is expected to expand significantly during the forecast period. Rise in awareness about illnesses that can spread through water and increase in demand for safe, high-quality water are fueling the market in Europe.

Global Microbiological Testing of Water Market: Key Players

  • Sigma-Aldrich Corporation
  • Thermo Fisher Scientific.
  • PerkinElmer, Inc.
  • Bio-Rad Laboratories, Inc.
  • IDEXX Laboratories Inc.
  • Agilent Technologies, Inc.

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Global Microbiological Testing of Water Market: Segmentation

Type

  • Instruments
  • Test Kits and Reagents

Pathogen Type

  • Legionella
  • Coliform
  • Salmonella
  • Vibrio
  • Clostridium
  • Others

Water Type

  • Drinking and Bottled
  • Industrial

End-use Industry

  • Pharma & Biopharma
  • Clinical
  • Food& Beverage
  • Energy
  • Chemicals & Materials
  • Environmental

Regions

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

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