Global increase of foodborne diseases, implementation of strict food regulations by the government, shift from culture based tests to rapid tests, increasing contamination of water reservoirs due to urbanization, are key factors contributing to high CAGR of Bacteriological testing market during forecast period.
Bacteriological Testing Market Size – USD 11.99 Billion in 2020, Market Growth – CAGR of 7.6%, Market Trends – Increasing consumption and risk associated with it.
According to the current analysis of Reports and Data, the global Bacteriological Testing market was valued at USD 11.99 Billion in 2020 and is expected to reach USD 21.59 Billion by 2028, at a CAGR of 7.6%.
Bacteriological Testing became a key aspect in today’s world where the consumption and applications in areas such as food and beverages, cosmetics, pharmaceutical, and healthcare are drastically increasing across the globe. The population is increasing, especially in developing countries like India and China. This Population also creates a demand for more food and water facilities, which are basic needs. In developing countries, the risk associated with diseases is a significant concern, and the bacteria is one of the reasons for mild to chronic infections. Bacterial infection can cause major trouble of disease due to contamination of food and water, which is a key market driver for the growth of the bacteriological testing market.
Considering the rise of chronic diseases, the demand for healthcare and pharmaceuticals is also increasing to tackle the problems associated with the disease or illness. The Pharmaceutical sector has to take keep a major check on the procedure because bacterial contamination can also create trouble with the medicines and its manufacturing procedures. Therefore, the need for bacteriological Testing in the pharmaceuticals is another major factor driving the growth of the bacteriological testing market.
The Government initiatives by the health ministries are rising to avoid the issues related to bacterial infections. The strict regulations are in food, water, and pharma industries to get industrial rectification, which is showing lucrative opportunities for Bacteriological testing market manufacturers.
However, the lack of medical facilities and professional expertise in the testing and diagnosis field and the high cost associated with the testing equipment are the major factors hindering the growth of the bacteriological testing market.
Key participants in bacteriological testing market include, SGS, Bureau Veritas, Intertek, Eurofins, ALS Ltd., Thermo Fisher, Merck, Agilent Technologies, Bio-Rad, and 3M Company.
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Further key findings from the report suggest
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Segments covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2028. For this study, Reports and Data has segmented the Bacteriological Test market on the basis of bacteria type, application, testing methods, and region.
Bacteria Type (Revenue, USD Billion; 2018–2028)
Application (Revenue, USD Billion; 2018–2028)
Testing Methods (Revenue, USD Billion; 2018–2028)
Regional Outlook (Revenue in USD Billion; 2018–2028)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
Chapter 4. Bacteriological Test Segmentation & Impact Analysis
4.1. Bacteriological Test Segmentation Analysis
4.2. Bacteriological Test Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Bacteriological Test Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Global increase of food borne diseases
4.4.1.2. Strict regulations by government for food regulation
Continue…
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