E. coli testing is conducted to determine the biotoxicity in healthcare-related applications such as medical, food, life sciences, and environmental sciences. E. coli are gram negative opportunistic bacteria that can cause food- and water-borne infectious diseases and food poisoning. It is also responsible for water contamination that may lead to chronic gastrointestinal diseases. The bacteria have several molecular advantages, which makes it a model organism of choice in various biotechnological researches. The E. coli testing market growth is attributed to factors such as increasing E. coli testing, growing product innovations, and rising research activities. On the other hand, testing challenges is the major factor limit the market growth.
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A few of the prominent players operating in the E. coli testing market are Bio-Rad Laboratories, Inc; Pro-Lab Diagnostics, Inc.; Abbott (Alere Inc.); IDEXX Laboratories, Inc.; Meridian Bioscience, Inc.; BD; Thermo Fisher Scientific, Inc.; CPI International; Biomerieux Inc.; and Hologic, Inc. The market players are focused on acquisitions of other industry players to sustain their position in the market. For instance, in March, 2019, Meridian acquired GenePOC's molecular diagnostics business portfolio, with a main objective to leverage the rapid, high-quality diagnostics testing solutions of GenePOC as well as to guide and support the diagnosis for facilitating targeted therapeutic decisions for infectious diseases.
The E. coli testing market, by technology, is segmented monoclonal antibodies, differential light scattering, molecular diagnostics, immunoassays, chromatography, flow cytometry, gel microdroplets, and diagnostic imaging. The monoclonal antibodies segment held the largest share of the market in 2019. Monoclonal antibodies are widely used to detect the strains of E. coli in water and clinical samples, and they can identify a single epitope within an antigen, which is an advantage over the polyclonal antibodies. Thus, it is expected to retain its dominance during the forecast period. However, the immunoassays segment is estimated to register the highest CAGR in the market during the forecast period.
The growth of the market is attributed to the factors such as increasing E. coli testing needs, growing product innovations, and rising research activities. On the other hand, testing challenges is the major factor is likely to restraint the market growth during the forecast period.
End User Insights
Based on end user, the E. coli testing market is segmented into commercial or private labs, physician offices, hospitals, public health labs, and academic research institutes. The public health labs segment held the largest share of the market in 2019. However, the academic research institutes segment is estimated to register the highest CAGR in the market during the forecast period.
Merger and acquisitions are the more commonly adopted strategies by companies in the E. coli testing market, which enables them expand their global footprints, and product and service portfolios. The market players adopt the product launches strategy to enlarge their global customer base, which also permits them to maintain their brand name globally.
The report segments the global E. coli testing market as follows:
Global E. coli Testing Market – By Technology
Global E. coli Testing Market – By End User
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