E. Coli Testing Market Expected to Reach $2.1 Billion by 2022
The global market for E. coli testing is expected to reach $2.1 billion by 2022, up from $1.2 billion in 2013, according to a new report from market research company Transparency Market Research.
Thanks in part to major federal efforts to combat more foodborne illness in the U.S. via the Food Safety Modernization Act (FSMA), analysts expect environmental and clinical laboratory testing for E. coli to significantly increase over the next decade — to the tune of 6-7 percent growth each year.
In 2013, E. coli “Presence or Absence” test kits based on enzyme-substrate reaction were the top sellers. Based on the number of…