Economy

Legionella Testing Market to Grow by USD 153.27 million | Rise In Geriatric Population to Boost Market Growth | Technavio

The US is the key market for legionella testing in North America.

NEW YORK, The “Legionella Testing Market by Application (Clinical testing and Environmental testing) and Geographic (North America, Europe, Asia, and Rest of World (ROW)) – Forecast and Analysis 2022-2026” report by Technavio considers rise in the geriatric population as one of the key factors driving market growth. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the legionella testing market between 2021 and 2026 is USD 153.27 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

Market Driver Market Challenges

The rise in the geriatric population is one of the key factors driving the global legionella testing market growth. According to the World Economic Forum, Japan has the highest percentage of people above the age of 60 years, followed by Italy, Germany, Sweden, Greece, and the Channel Islands of the UK. The geriatric population has low immunity and low metabolism. Hence, it is prone to infections, which can be identified through diagnostic tests such as legionella testing. Thus, infections in the geriatric population result in an increased demand for legionella testing, which will positively impact the market growth during the forecast period.

The lack of skilled professionals will challenge the global legionella testing market growth. Carrying out efficient testing protocols requires proper handling of equipment and tests that are compliant with regulatory bodies and good manufacturing practices. When low-quality products are identified by regulatory bodies, companies incur losses. The US Department of Labor predicted that each year, since 2014, there has been a shortage of laboratory professionals across the country. Such factors are expected to challenge the market growth during the forecast period.

The legionella testing market report is segmented by application into clinical testing and environmental testing. The clinical testing segment will have significant market share growth during the forecast period.
By geography, the market has been segmented into North America, Europe, Asia, and Rest of World (ROW). North America will be the leading region with 32% of the market’s growth during the forecast period. The US is the key market for legionella testing in North America.

Some Companies Mentioned

AEMTEK Inc. Aerobiology Laboratory Associates Inc. Aquacert Ltd. Becton Dickinson and Co. bioMerieux SA Bio Rad Laboratories Inc. Eiken Chemical Co. Ltd. Element Materials Technology Group Ltd. EMSL Analytical Inc. Eurofins Scientific SE IDEXX Laboratories Inc. Intertek Group Plc Pace Analytical Services LLC PDC Laboratories LLC Pro Lab Diagnostics Inc. Quidel Corp. SGS SA Thermo Fisher Scientific Inc. TUV NORD AG UL LLC

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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