Global Microbiological Water Testing Market Set to Reach $2.9 Billion by 2030, Driven by Instruments Segment at 8.2% CAGR


Dublin, Sept. 14, 2023 (GLOBE NEWSWIRE) -- The "Microbiological Water Testing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The Global Microbiological Water Testing Market is on a growth trajectory, with an estimated value of US$1.6 billion in 2022. It is projected to reach a size of US$2.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.2% during the period from 2022 to 2030. Here are some key insights from the report:

Market Segmentation:

  • Instruments Segment: Within the microbiological water testing market, the instruments segment is expected to grow at a CAGR of 8% and reach a value of US$1.7 billion by the end of the analysis period. This segment likely includes various equipment and devices used for microbiological water testing.
  • Test Kits & Reagents Segment: Growth in the test kits and reagents segment is projected to have a revised 8.4% CAGR for the next 8-year period. This segment likely includes consumable products and reagents used for testing.

Regional Analysis:

  • United States: The microbiological water testing market in the United States is estimated to be worth US$424.6 million in 2022.
  • China: China's microbiological water testing market is expected to experience significant growth, reaching a projected market size of US$672.1 million by 2030, with a high CAGR of 12.5% during the period from 2022 to 2030.
  • Other Noteworthy Markets: Japan and Canada are also expected to experience growth, with forecasted CAGRs of 4.2% and 7.2%, respectively, over the period from 2022 to 2030. Within Europe, Germany is forecasted to grow at approximately 5% CAGR.

Key Competitors:

The report features a total of 38 competitors in the microbiological water testing market.

Some of the key players include:

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

Key Attributes:

Report AttributeDetails
No. of Pages91
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.6 Billion
Forecasted Market Value (USD) by 2030$2.9 Billion
Compound Annual Growth Rate7.7%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Microbiological Water Testing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6clekd

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Microbiological Water Testing

Contact Data