Microbiological Testing of Water Market

Bio-Rad Laboratories, Inc. (U.S.) and Thermo Fisher Scientific, Inc. (U.S.) are the Leading Players in the Microbiological Testing of Water Market

The microbiological testing of water market is projected to reach a value of USD 1.59 Billion by 2022, at a CAGR of 7.0% from 2017 to 2022. This market is driven by increase in the need for microbial water quality analysis. With the increase in microbial contamination at various water bodies, the demand for microbial testing of water is also increasing for various industry applications. The growth of the end-user industries such as pharmaceutical, chemical, food & beverage, semiconductor, and oil & gas contributes significantly to the growth of the microbiological testing of water market.

The key market players adopted strategies such as expansions, acquisitions, new product & technology launches, agreements, collaborations, and partnerships to meet the growing demand for microbiological testing of water.

Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc.  (U.S.), Shimadzu Corporation (Japan), and Sigma-Aldrich Corporation (U.S.) are the major players in this market. Other active players in the industry include Danaher Corporation (U.S.), MilliporeSigma (U.S.), 3M Company (U.S.), and Idexx Laboratories Inc. (U.S.).

Bio-Rad Laboratories, Inc. (U.S.) is one of the leading microbial water testing solution manufacturers, owing to its strong global presence and product portfolio. The company focused on increasing its geographic presence through acquisitions and new product launches to meet the market demand between 2011 and 2016. In January 2017, Bio-Rad Laboratories acquired RainDance Technologies, Inc. (U.S.), a leader in providing patented droplet technology. This technology included genomic tools such as Digital PCR and Next-Generation Sequencing. This acquisition would strengthen the company's product portfolio in life sciences and clinical diagnostics segments. In July 2013, Bio-Rad Laboratories introduced QX200 Droplet Digital PCR (ddPCR) system which was a second generation of the company's Droplet Digital PCR technology. This development widened the company’s product portfolio.

Thermo Fisher Scientific, Inc. (U.S.) is another leading player in the market due to its strong and innovative products. In March 2017, Thermo Fisher Scientific introduced new chromatography columns and test kits which were specifically designed for environmental markets such as soil analysis and water analysis. The new columns and kits were featured with flexible, efficient, and reliable separations.

Related Reports:

Microbiological Testing of Water Market by Pathogen (Bacteria, Protozoa, Viruses), Water Type (Drinking & Bottled Water, Industrial Water), Type (Instruments, Test Kits & Reagents), Industry, and Region - Global Forecast to 2022

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Report Code
FB 5377
Published ON
Jun, 2017
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