Global Microbiological Water Testing Market to Reach $2.9 Billion by 2030
The global market for Microbiological Water Testing estimated at US$1.9 Billion in the year 2023, is expected to reach US$2.9 Billion by 2030, growing at a CAGR of 6.4% over the period 2023-2030. Microbiological Water Testing Instruments, one of the segments analyzed in the report, is expected to record 6.3% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in the Microbiological Water Testing Test Kits & Reagents segment is estimated at 6.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $499.2 Million, While China is Forecast to Grow at 9.5% CAGR
The Microbiological Water Testing market in the U.S. is estimated at US$499.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$672.1 Million by the year 2030 trailing a CAGR of 9.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook