Global Legionella Testing Market: Snapshot
Legionellosis is a respiratory disease
caused by gram negative Legionella bacteria. At times, the bacteria
cause a lung infection similar to pneumonia, known as Legionnaires
disease. The bacteria is also capable of triggering a less serious
infection called Pontiac fever, which shows signs similar to flu, such
as fever, cough, shortness of breath, muscle aches, and headaches. These
symptoms usually begin around one week after being exposed to the
bacteria, though in some exceptional cases it can take longer for the
symptoms to manifest.
The global legionella testing market is
anticipated to grow rapidly in the coming years. One of the key factors
driving the growth of the market is the growing aging population. For
instance, according to the World Health Organization (WHO), it has been
anticipated that the global geriatric population, which was
approximately 524 million in 2010, is projected to reach nearly 2
billion by 2050. Geriatric individuals are more likely to contract
legionella infections due to their weakened immune systems, making the
factor vital for the global legionella testing market.
The global legionella testing market was
valued at US$193.9 mn in 2017 and is likely to exhibit a robust 9.4%
CAGR from 2017-2025, rising to a valuation of US$398.7 mn.
Diagnostic Labs Likely to Dominate Demand due to Growing Investment
By test type, the global legionella
testing market is dominated by urinary antigen test (UAT), which is
expected to hold a major share in the market in terms of revenue in the
2017-2025 forecast period, as it offers early diagnosis of the disease.
The availability of advanced antigen detection facilities has driven the
utility of the urinary antigen test to the global legionella testing
market.
By application, the clinical testing
methods segment is anticipated to hold a major share in the legionella
testing market. By end user, the diagnostic lab segment is anticipated
to hold a major share in the market. The latter is driven by the steady
rise in government investment in the healthcare sector in developing
countries, which has led to steady availability of funding for medical
research purposes. The rising private investment in the pharmaceuticals
sector in developed countries is also crucial for the legionella testing
market, as it has driven investment in diagnostic technologies.
Asia Pacific to Exhibit Threefold Growth over 2017-2025 Forecast Period
By region, the global legionella testing
market has been divided into North America, Europe, Europe, Asia
Pacific, Latin America, and the Middle East and Africa. North America
dominated the global legionella testing market in 2016, followed by
Europe. Asia Pacific is a rapidly growing market, but has a larger local
market, which has eroded the profit margin of the global legionella
testing market. Increase in baby boomer population and technological
advancements are expected to drive the market in the next few years.
The market in Asia Pacific is projected
to expand at a robust 14.1% CAGR during the 2017-2025 forecast period
due to rising awareness about legionella testing and adoption of new
techniques, growing healthcare infrastructure, and rising medical
tourism. The valuation of the Asia Pacific market for legionella testing
is likely to grow close to threefold over the forecast period, with the
market expected to rise from US$42 mn to US$121.1 mn. The North America
legionella testing market is likely to dominate global figures, with
the market’s revenue valuation likely to reach US$141.8 mn by 2025.
Key players operating in the global
legionella testing market are IDEXX Laboratories, Inc., Becton,
Dickinson and Company, Thermo Fisher Scientific, Inc., Bio-Rad
Laboratories, Inc., BioMérieux Inc., and Qiagen N.V. among others.
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