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Legionella testing Market Growth Forecast: Latest Research Unveils Opportunities for Business Expansion
The global legionella testing market is expected to experience significant growth in the coming years due to the rising incidence of Legionnaires’ disease. Legionella is a type of bacteria that can cause a serious form of pneumonia, called Legionnaires’ disease.
Legionella Testing Market is projected to grow from USD 296 million in 2022 to USD 439 million by 2027, at a CAGR of 8.2% from 2022 to 2027, according to a new report by MarketsandMarkets™.
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The global legionella testing market is driven by increasing government regulations on water safety, the rising demand for potable water, and the growing awareness of the risks associated with Legionnaires’ disease. The market is further driven by the increasing adoption of advanced testing technologies, such as PCR and immunoassay, which can quickly and accurately detect the presence of Legionella.
The market is segmented based on type, application, and region. By type, the market is divided into rapid testing, culture-based testing, and molecular diagnostics. By application, the market is segmented into healthcare, water management, and other applications. The healthcare segment is expected to be the largest segment, due to the increasing incidence of Legionnaires’ disease.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is expected to be the largest regional market, due to increased awareness of water safety and the presence of stringent regulations. The Asia-Pacific region is expected to witness the highest growth rate, due to the increasing demand for potable water and the growing awareness of Legionnaires’ disease.
North America is the largest regional market for legionella testing market
The global legionella testing market is segmented into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2021, North America accounted for the largest share of the legionella testing market. The North American legionella testing market growth can be attributed to the growing incidence of legionella-related diseases and growing elderly population.
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Key Market Players
The major players operating in this market are Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (US), IDEXX Laboratories, Inc. (US), bioMérieux S.A. (France), Becton, Dickinson, and Company (US), Alere, Inc. (US), Eurofins Scientific (Luxembourg), Roche Diagnostics (Switzerland), Pall Corporation (Danaher) (US), Quidel Corporation (US), Eiken Chemical Co., Ltd. (Japan), Hologic, Inc. (US), QIAGEN (Germany), Takara Bio, Inc. (Japan), Environmental Safety Technologies, Inc. (US), Hydrosense (Scotland), Accepta Ltd. (UK), LuminUltra Technologies Ltd. (Canada), Pro-Lab Diagnostics, Inc. (Canada), BioAlert Solutions (Canada), Pacific Water Technology (Australia), Aquacert Ltd. (UK), DTK Water (UK), Sens Solutions (Spain), Genomadix, Inc. (US), and Phigenics, LLC (US).
Key Findings of the Study:
- Legionella Testing Market Size and Growth Rates: An overview of the current market size and growth rates of Legionella testing.
- Legionella Testing Market Segments: A breakdown of the market into different segments, such as diagnostic test kits, environmental testing, and water treatment systems.
- Key Players in the Legionella Testing Market: An analysis of the key players and their market share in the Legionella testing market.
- Regional Segmentation of the Legionella Testing Market: An analysis of the regional segments of the Legionella testing market and their growth prospects.
- Challenges Faced by Legionella Testing Market Players: An overview of the challenges faced by players in the Legionella testing market, such as regulatory issues and the need for specialized training and equipment.
- Trends in the Legionella Testing Market: An analysis of the emerging trends in the Legionella testing market, such as the use of automated systems and new technologies.
- Future Outlook of the Legionella Testing Market: An overview of the expected future growth of the Legionella testing market.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall legionella testing market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies.
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About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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