July 19, 2024

The Global Legionella Testing Market is Driven by Increasing Healthcare Infrastructure Development

Legionella testing plays a vital role in detecting the presence of legionella bacteria that can cause Legionnaires’ disease. Legionella testing kits help detect the bacteria in samples collected from places such as air conditioning systems, cooling towers, and other water systems which are at risk of harboring legionella. Legionella testing comprises culture method, urinary antigen test, direct fluorescent antibody test and other nucleic acid-based and serological assays. Legionella testing kits help in timely diagnosis of infections and curb the spread of disease. The global legionella testing market has witnessed significant growth over the past few years owing to increasing healthcare infrastructure development and expenditure across developing nations.

The global Legionella Testing Market is estimated to be valued at US$ 1,864.07 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Advent of Advanced Diagnostic Techniques: Key players are engaged in developing and launching advanced diagnostic products and techniques for improved and rapid legionella testing. For instance, biomérieux S.A. offers Vitek MS, a mass spectrometry system that provides accurate identification for legionella in just 4 hours compared to conventional culture methods requiring 5-10 days. Growing adoption of such advanced techniques is expected to fuel the market growth over the forecast period.

Increasing regulatory guidelines: Stringent regulations by government and regulatory authorities regarding legionella testing of water systems is another key factor boosting market revenue growth. For example, in the U.S., OSHA and CDC guidelines mandate regular legionella testing and prevention measures for workplace water systems. Similarly, in the EU member nations, legionella testing is regulated under directive 98/83/EC and framework 2000/60/EC. Strict implementation of such standards and policies is slated to drive the legionella testing market.

Porter’s Analysis
Threat of new entrants: Low due to considerable barriers to entry such as the requirement of high capital, established distribution channels and brand recognition of existing players.
Bargaining power of buyers: Moderate as there are multiple players offering similar products to buyers. However, established relationships between buyers and suppliers limits switching.
Bargaining power of suppliers: Low due to the presence of many suppliers and lack of differentiation in components and raw materials supplied.
Threat of new substitutes: Low as there are limited product substitutes for accurate and timely detection of Legionella infection.
Competitive rivalry: High owing to the presence of few big players as well as local and regional companies competing on the basis of product offerings, quality, pricing and innovation.

Key Takeaways
The global Legionella Testing market is expected to witness high growth over the forecast period. North America region currently dominates the market and is expected to maintain its leading position throughout the forecast period owing to increasing prevalence of Legionnaires’ diseases and rising awareness regarding waterborne illnesses.

Regional analysis: North America accounts for the largest share in the global Legionella Testing market. Favorable regulatory scenario and huge healthcare expenditure drive the market growth. Europe, being the second largest market, is expected to grow at a moderate rate owing to increasing government initiatives regarding workplace safety and management of potable water systems.

Key players: Key players operating in the Legionella Testing market include Boston Scientific Corporation, Argon Medical Devices, Inc., Becton, Dickinson and Company, Cook Medical, B. Braun Melsungen AG and Medtronic Plc. Major players are focusing on new product launches, acquisitions and geographic expansions to strengthen their market presence.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it