Global Legionella Testing Market expected Estimated 3.42 million Growth By 20

Posted by nileshdbmr on October 4th, 2019

Global legionella testing market is expected to rise to an estimated value of USD 393.42 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increased usage of air-conditioning systems and hot tubs which are a result of increased disposable income causing greater prevalence of legionella disorders.

Key Market Competitors:

Few of the major competitors currently working in the global legionella testing market are ALBAGAIA LTD; Aquacert Ltd.; Oxford Biosystems Ltd; bioMérieux SA; IDEXX Laboratories, Inc.; Merck KGaA; PACIFIC WATER TECHNOLOGY PTY LTD; Pall Corporation; Phigenics; Thermo Fisher Scientific Inc.; QIAGEN; Bio-Rad Laboratories, Inc.; The Water Treatment Products Company; Asahi Kasei Corporation; DTK Water; H2O Hygiene Ltd.; Water Treatment Products Ltd; Abbott; EIKEN CHEMICAL CO., LTD.; Pro Lab Diagnostics Inc.; BIOTECON Diagnostics and R-Biopharm AG among others.

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Legionella testing is a diagnostic method utilized for the detection of legionella bacteria which causes legionellesis. This disease is generally characterized as being similar to pneumonia, which requires extreme care and in some severe cases hospitalization of the patient. Therefore, the importance of accurate and rapid legionella testing is of utmost importance as the growing prevalence of moisture in the air is causing increased prevalence of the bacteria.

Legionella testing generally involves testing for the bacteria by taking a sample of blood, urine or even water bodies so that the even source of the bacteria can be identified.

Competitive Analysis:

Global legionella testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of legionella testing market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Segmentation: Global Legionella Testing Market

  •          By Test Type (Culture Methods, UAT, Serology, DFA Test, Nucleic Acid-Based Detection, PCR),
  •          By Testing Method (Water Testing, IVD Testing)
  •          By Application (Clinical Testing Methods, Environmental Testing Methods)
  •          By End-User (Hospitals & Clinics, Diagnostic Laboratories)
  •          By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Drivers

  •          Increasing prevalence of legionella and pneumatic diseases worldwide is expected to drive the growth of the market
  •          Growing advancements and innovations in the diagnostic testing especially for bacterial applications is expected to positively affect the growth of the market
  •          Growth of demand for more efficient rapid tests is expected to drive the growth of the market

Market Restraints

  •          Complications associated with the approval process of the products for legionella tests is expected to hinder the growth of the market
  •          Concerns regarding the care and sensitive method of performing these tests is expected to restrain the growth of the market
  •          Slow growth of the disposable income or lack of funds from the developing regions restricting the high adoption of the product

Reasons to Purchase this Report

  •          Current and future of global legionella testing market outlook in the developed and emerging markets
  •          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  •          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  •          The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  •          All segmentation provided above in this report is represented at country level
  •          All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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nileshdbmr

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nileshdbmr
Joined: September 27th, 2019
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