Underdeveloped Nations to Offer Growth Opportunities for E. coli Testing Market

The sudden outbreak of drug resistant E. coli strains in Europe and North America has raised serious health concerns. Governments and regulatory bodies have started adopting aggressive measures to prevent future epidemics. In addition to this, the Environment Protection Agency (EPA) has also implemented stringent regulations and guidelines for water testing in a bid to avoid E. coli infection outbreaks. All these factors are driving the global E. coli testing market towards growth. Transparency Market Research (TMR) in its new report states that the global E. coli testing market will witness an 8.0% CAGR between 2017 and 2025 rising from US$1.18 bn in 2016 to US$2.36 bn by 2025.

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TMR answers key questions regarding the global E. coli testing market. 

Q.  What are the factors boosting the global E. coli testing market?

The rules and regulations laid by EPA are practiced by bottled water suppliers, municipal water suppliers, private well owners, and waste water treatment plants. This is expected to boost the demand for E. coli testing market. The prevalence of E. coli has increased and this has increased the global concern, resulting in a high demand for advanced testing methods, boosting the market. The need for timely and accurate diagnosis is pushing the demand for E. coli testing. The increasing incidence of food and water-borne diseases will further drive the market. Developing nations across the globe are investing in advanced diagnosis and treatment options and this is creating growth opportunities in the global E. coli testing market. The prevention of E. coli infections has become necessary in order to curb the spread of hemolytic uremic syndrome (HUS) and diarrhea. This in turn is boosting the market. 

Q. What are the challenges faced by the industry?

The E. coli testing method makes use of enzyme-substrate test, which is cost intensive and this acts as a key obstacle for the growth of the market especially in the cost sensitive areas. A lack of awareness about food and safety measures in under developed nations is also impeding the growth of the global E. coli testing market. People in developing nations are still not realizing the importance of food and water safety and this is resulting in the low adoption rates of E. coli testing methodologies. 

Q. What are the opportunities of growth in the E. coli market?

Companies are focusing harder on the development of novel therapies by investing extensively on research and development. This in turn is anticipated to create an encouraging environment for the market’s growth in the coming years. The introduction of polymerase chain reaction (PCR) based tests for the testing of water is also slated to create growth potential for the E. coli testing market in the future. Governments too are pushing the growth of this market by encouraging research for the development of novel therapies and effective preventive measures. Furthermore, players in the market are recognizing the opportunity present in the unmet needs of the population in under developed nations. 

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