E coli Testing Market Analysis 2021-2031 | Top Players
The E. coli testing market was valued at US$ 1.94 billion in 2023 and is expected to reach US$ 3.31 billion by 2031. The market is expected to register a CAGR of 6.5% in 2023–2031. Developments in biotechnology will likely remain a key E. coli testing market trend.
E. coli Testing Market Analysis
Escherichia coli (E. coli) are rod-shaped gram-negative bacteria generally available in warm-blooded animals' food, environment, and intestines. The majority of the E. coli strains are typically harmless to humans. Still, some strains are recognized as the reason for serious medical complications, such as gastrointestinal tract infections, cholecystitis, cholangitis, neonatal meningitis, bacteremia, pneumonia, urinary tract infection (UTI), and regularly spread via polluted food or water. Key factors driving the market, such as increasing E. coli testing, growing product innovation, and rising research activities, are expected to propel the market's growth. However, testing challenges is the major factor hindering the market growth
E. coli Testing Market Overview
Awareness regarding hygiene, stringent government regulations, and the presence of all key regional players are the major driving factors for this market. In addition, high R&D spending to develop new diagnostic products and sophisticated infrastructure are prominent factors propelling the market growth. Furthermore, increased government funding for healthcare infrastructure and technological advancements in E. coli diagnostic procedures, major market players in the U.S., and awareness regarding hygiene drive the market growth.
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E. coli Testing Market: Strategic Insights
Market Size Value in US$ 1,506.95 Million in 2019 Market Size Value by US$ 2,527.73 Million by 2027 Growth rate CAGR of 6.8% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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E. coli Testing Market: Strategic Insights
| Market Size Value in | US$ 1,506.95 Million in 2019 |
| Market Size Value by | US$ 2,527.73 Million by 2027 |
| Growth rate | CAGR of 6.8% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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E. coli Testing Market Drivers and Opportunities
Increasing E. coli Testing
Escherichia coli is a large group of foodborne bacteria found in food, the environment, and the intestines of animals and humans. Although most types of E coli are harmless and help keep the digestive tract healthy, a few strains can cause tract infections, respiratory illness, and pneumonia, among others. Most instances of food poisoning and infectious diseases is caused due to E. coli. Therefore, detecting the concentration E. coli in various products is essential. Apart from industrial sectors such as pharmaceutical, biotechnology, and environmental, the food & beverages sector is at a higher risk of E coli contamination. Food & beverage companies must detect and monitor the presence of the bacteria before starting production, during the production process, and in the final products.
Growth Opportunities in Developing Regions– An Opportunity in E. coli Testing Market
Regions such as Asia Pacific, the Middle East, Africa, and Latin America are developing their healthcare sector faster. The countries are exploring new techniques by collaborating with well-established biotechnology organizations in the developed regions. Countries such as India, Brazil, the UAE, Saudi Arabia, and South Korea have increased their investments for the development biotechnology sector. For instance, the UAE government launched a project called DuBiotech, or Dubai Biotechnology and Research Park in 2005.
The government has invested US$ 35.4 million (AED 130 million) in infrastructure and US$ 163.4 million (AED 600 million) in laboratories and headquarters buildings. Likewise, the Department of Biotechnology in India is expected to make the Indian Biotechnology industry worth US$ 100 billion by 2025. Thus, rising investments in the biotechnology sector are expected to drive growth opportunities for E. coli testing services and facilities in developing regions. In addition, the regions have rising numbers of biotechnology start-ups contributing to developing the biotechnology sector. Various start-ups have launched their innovative products and services in the biotechnology field, which is expected to influence the market growth during the forecast period.
E. coli Testing Market Report Segmentation Analysis
Key segments that contributed to the derivation of the E. coli testing market analysis are disorder and service providers.
- Based on test technology, the E. coli testing market is segmented into monoclonal antibodies, differential light scattering, molecular diagnostics, immunoassays, chromatography, flow cytometry, gel microdroplets, and diagnostic imaging. The monoclonal antibodies segment held a larger market share in 2023.
- By end users, the E. coli testing market is segmented into commercial or private labs, physician offices, hospitals, public health labs, academic research institutes. The public health labs segment held the largest share of the market in 2023.
E. coli Testing Market Share Analysis by Geography
The geographic scope of the E. coli testing market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In North America, the U.S. is the largest market for E. coli testing. The growth of this market is primarily driven by increased government funding for healthcare infrastructure and technological advancement in E. coli diagnostic procedures; the presence of major market players in the U.S. and awareness regarding hygiene will accelerate the growth of this market in this country.
E. coli O157:H7 is one of the strains and produces a toxin known as Shiga. It is one of the most powerful toxins, and it can cause an intestinal infection. According to the North Carolina Department of Health and Human Services, some 265,000 Shiga toxin-producing E. coli (STEC) infections occur yearly in the United States (U.S.). Around 36 percent of these are probably caused by E. coli O157:H7. Moreover, UTIs result in approximately 8 million physician visits and over 100,000 hospitalizations in the United States, with an associated annual cost of $1.6 billion.
E. coli Testing Market Report Scope
E. coli Testing Market News and Recent Developments
The E. coli testing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for E. coli testing:
- The E. Coli water testing kit, based on an enzyme-substrate medium, was created by researchers at the Indian Institute of Technology (IIT) Kanpur. It can identify whether or not E. Coli is present in drinking water. (Source: Research Article, 2022).
- In order to better understand the diversity and effects of the same bacteria, researchers at Michigan State University experimented with Escherichia coli. According to the researchers, this experiment demonstrates that the advantages of early variety were quickly lost throughout succeeding generations, indicating that random mutations serve as the primary catalyst for E. coli evolution. (Source: Michigan State University, Press Release, 2022).
E. coli Testing Market Report Coverage and Deliverables
The “E. coli Testing Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology ; End User ; and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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