According to a new report, published by KBV research, The Global E-coli Testing Market size is expected to reach $3.1 billion by 2031, rising at a market growth of 6.3% CAGR during the forecast period.
The Environmental Test segment is leading the Global E-coli Testing Market by Test in 2023; thereby, achieving a market value of $2.1 billion by 2031. E-coli is a key indicator organism used to assess the microbiological quality of water. Regulatory agencies mandate frequent testing of recreational waters, drinking water sources, and wastewater to ensure they meet safety standards and to protect public health from waterborne diseases. E-coli contamination in water bodies can lead to outbreaks of diseases, prompting the need for regular testing to prevent and control such incidents.
The Hospitals segment is anticipating a CAGR of 6.6% during (2024 - 2031). Diagnostic laboratories are expanding their services to meet the growing demand for comprehensive microbiological testing. This includes routine E-coli testing for various applications such as clinical diagnostics, food safety, environmental monitoring, and public health surveillance. Stringent regulatory guidelines and standards for food safety, water quality, and clinical diagnostics require frequent and accurate testing for E-coli.
Full Report: https://www.kbvresearch.com/e-coli-testing-market/
The North America region dominated the Global E-coli Testing Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.2 billion by 2031. The Europe region is experiencing a CAGR of 5.9% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 6.9% during (2024 - 2031).
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