Europe Water Testing Market Size – USD 1,377.5 Million in 2020, Growth - CAGR of 6.4%, Trends – Stringent regulations for the industrial waste disposal

According to the current analysis of Reports and Data, the global Europe Water Testing Market was valued at USD 1,377.5 Million in 2020 and is expected to reach USD 2,283.5 Million by year 2028, at a CAGR of 6.4%. The Europe Water Testing involves biological, biochemical or chemical methods for detecting and identifying the microorganisms present in it. The process of testing includes sampling, filtration, culturing and incubation processes to give the final results. The processes also help in enumerating the number of contaminants in a given sample of water. These tests are mainly being used for the testing of drinking water and industrial water, and are being utilized the most by the pharmaceutical, bio-pharmaceutical and food industry. Rising water borne disease such as typhoid, dysentery, cholera is playing the major role in the market growth. According to World Health Organization (WHO) approximately 11 to 20 million of individual across the globe are suffering from typhoid every year and is expected to rise in future year which in result will boost the market growth. Around 1.7 billion of world population do not have access to drinkable water this need gap of the market is expected to be one of the key opportunity for the market in forecasted period.

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Top Leading Players: Thermo Fischer Scientific, Inc., Danaher Corporation,3M Company, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., MilliporeSigma, Döhler GmbH, Perkinelmer, Inc., Idexx Laboratories Inc., and Sigma-Aldrich Corporation.

Further Key Finding from the Report Suggestion:

• Various market players are engaged in the launch of user friendly technology. For instance, Water-Glo from Promega Corporation can identify microbial presence in the water sample in couple of minutes.
• By pathogen type, the number of tests for Salmonella dominated the Europe Water Testing market in the base year 2019 and is estimated to grow at a CAGR 6.9%. Rise in the several incidences of well and reservoir contaminations with the bacteria from infected humans and animals.
• The number of tests for Coliform (E. Coli) are also growing at a fast rate. The pathogen is an indicator of water quality and is the main determinant of the potability of water. It indicates the presence of many disease-causing organisms in the sample such as traveler’s disease, urinary tract infection.
• By type, the instruments segment held the largest share in the global Europe Water Testing market. These testing instruments are convenient for use and have seen a lot of improvement owing to research in the field.
• The test kits and reagents segment is expected to register the highest CAGR during the forecasted period. Outbreak of epidemiological disease results into increasing demand of blood or other physiological fluid tests, that consequently increases the market demand for test kits and reagents used for microbial testing of water.
• By industry, the pharmaceutical & bio-pharmaceutical segment held the largest share in the Europe Water Testing market followed by clinical and food industries. Since water is widely used in the pharmaceutical industry both as a raw material and the most favorable vehicle for the formulation of product, Europe Water Testing is witnessing a high growth in the respective industry.
• The food testing segment is expected to register the highest CAGR during the forecast period. Growing awareness about food health is boosting market growth.
• By water type, the industrial water segment dominated in the global Europe Water Testing market. This is because the scope of water usage is used in the industrial sector, with presence of proper legislation to support such testing.
• By region, North America held the largest share in the global Europe Water Testing market and is estimated to grow at a CAGR 6.7%. Strong research facilities and presence of some major companies in the field is boosting the growth of the market in the region.
• Asia Pacific segment is expected to register the highest CAGR 7.7% during the forecast period. Rising favorable government initiatives and growing industrialization in emerging countries such as India, China, and developments in food industry are vital factors expected to drive the market growth tremendously.

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The global Europe Water Testing Market is segmented into:

Pathogen Type (Revenue, USD Million; 2018–2028)

• Legionella 
• Coliform 
• Salmonella 
• Vibrio 
• Clostridium 
• Others

Water Type (Revenue, USD Million; 2018–2028)

• Drinking and Bottled Water
• Industrial Water

Type (Revenue, USD Million; 2018–2028)

• Test Kits and Reagents
• Instruments

Industry (Revenue, USD Million; 2018–2028)

• Pharma & Bio-Pharma 
• Clinical 
• Food 
• Energy 
• Chemical & Material 
• Environmental

Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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