Uploaded on Jul 29, 2020
Legionella Testing Market in North America to Be Positively Impacted by Presence of Worldclass Medical Facilities
Legionella Testing Market
Title : Legionella Testing Market to Exhibit 9.1% CAGR by 2027;Rising Adoption of
Microbial Culture Method to Add Impetus to Market
Legionella Testing Market to Reach USD 455.99 Million by 2027
Description : Legionella Testing Market in North America to Be Positively Impacted by
Presence of Worldclass Medical Facilities
Content :
The global legionella testing market size is anticipated to gain traction from the increasing
prevalence of legionnaire infection. In addition to this, the rapidly spreading pandemic of
COVID19 that affects the respiratory system is also propelling the demand for legionella
testing kits. A recently published report by Fortune Business Insights titled, “Legionella
Testing Market Size, Share & Industry Analysis, By Type (Culture Media, Urine Antigen
Testing (UAT), Polymerase Chain Reaction (PCR), Serology, and Direct Fluorescent Antibody
(DFA) test; By End User (Hospitals & Clinics, Diagnostic Centers, and Others) and Regional
Forecast, 2020-2027,” provides details into the market and its prime growth trajectories.
According to this report, the value of this market is poised to rise from USD
226.24 million in 2019 to USD 455.99million by 2027, exhibiting a CAGR of 9.1% between 2020 and
2027.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this
health crisis has brought an unprecedented impact on businesses across industries.
However, this too shall pass. Rising support from governments and several companies can
help in the fight against this highly contagious disease. There are some industries that are
struggling and some are thriving. Overall, almost every sector is anticipated to be impacted
by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19
pandemics. Based on our experience and expertise, we will offer you an impact analysis of
corona virus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this [Market].
For More Information : https://www.fortunebusinessinsights.com/legionella-testing-
market-102803
The Report Answers the following Questions?
How fierce is the competition of the market?
How will the imposition of stringent regulations on freshwater water testing boost
the market?
Which strategies are executedby market players? How far is the success rate?
What is the impact of the COVID19 pandemic on the legionella testing market?
Drivers & Restraints-
Increasing Regulations Imposed on Water Reserves by Governments will Augment Growth
Legionella is a disease caused by the bacteria called legionella pneumophilia found in water
sources that may or may not be potable. They can grow in various water sources such as
bathtubs, showers, ponds, swimming pools, and others.This acts as a major legionella testing
market growth driver. Besides this, the launch of various techniques such as urine antigen
testing, microbial culture method, and other commercially available tests are adding impetus
to the market.
On the contrary, lack of awareness about this disease, coupled with the lack of proper
healthcare infrastructure and diagnostic equipment especially in the underdeveloped
regions may pose a major hindrance to the overall market.
Nevertheless, government support in terms of strict water system testing regulations and
continuous monitoring of water reserves is likely to create lucrative growth opportunities for
the market in the foreseeable future.
Segment-
Cost efficiency and Rapid Test Results to Help UAT segment Emerge Dominant
Based on type, the market was dominated by the Urine Antigen Testing or the UAT segment
in 2019 with a 42.2% share. This is due to its cost efficiency and the fact that’s the results of
these tests can be availed on the same day as compared to the traditional testing methods
that require 7-8 days for producing test results.
Regional Analysis-
North America to Emerge Dominant with Presence of World-class Medical Infrastructure
North America earned the highest legionella testing market share on account of the
presence of well-established healthcare infrastructure and medical facilities, coupled with
high awareness about the disease and the strict regulations imposed by the government on
water testing. On the other side, the increasing outbreak of legionella in the European
nations, along with high pricing and the increasing popularity of the PCR test will help this
region to come in close competition with North America.
Competitive Landscape-
Vendors Engage in Adoption of Latest Testing Technology for Better Revenue Generation
The nature of this market is consolidated on account of the presence of a few players. Key
vendors are focusing on expanding their portfolio across geographies to gain a competitive
edge in the market. Others are investing in research and development of new advanced
testing methods and engaging in mergers and acquisitions, joint ventures, and other
collaborative strategies to maintain a strong foothold in the market in the forthcoming years.
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