U.S. Environmental Testing Market - Forecast(2022 - 2027)

• The adoption of rapid testing methods has highly considered as the most suitable tool for environmental testing.  Additionally, the growing change in the regulatory actions for testing environment by using technology has led to the growth of the US environmental testing market.
• The increasing need for the customized testing from regulatory bodies and companies has also resulted in the rapid rise of the market’s growth.
• The growing investment in the infrastructure development in the US has also raised the need for advanced analytical testing methods which has further driven the growth of the market.
• Lack of significant equipment and skilled workforce are the major factors which dampens the growth of the market. Moreover, high capital investment is also further considered as one of the major factors that will restrain the market’s growth.

 

Rapid Method segment held the largest market share in the U.S Environmental Testing market in 2019. The rising of potentially harmful contaminants in the atmosphere has raised the need for rapid and cost-effective analytical testing system for analyzing and monitoring. Also, the rising of regulatory actions for controlling environmental pollutants have been implemented which enhances the need for rapid testing methods. Furthermore, rapid testing methods are regarded as the most appropriate technology for providing environmental testing.

 

For more info @ https://bit.ly/3qL2u7F

 

 

• Need for Customized Testing Services

The rising need for customized testing services and the demand from regulatory bodies for regular testing of samples and inspection of the waste in the environment has led to the rising growth of the environmental testing market. Also, the companies are demanding the need for specific testing methods for providing time-efficient result and productivity. Furthermore, analytical laboratories have identified the increasing need for customized testing services due to the client requirements. These key drivers are enhancing the growth of the U.S Environmental Testing Market.

 

• Rising Investment in Analytical Testing 

The increasing investments for the implementation of rapid testing methods such as analytical testing has highly emerged in the recent times.  Moreover, the majority of the testing methods implemented nowadays are integrated with advanced technologies such as liquid chromatography (LC), high performance liquid chromatography (HPLC), and spectrometry. These technologies are also known as analytical methods that are suitable for testing samples of soil, water and others. Thus, majority of the water treatment bodies are adopting and investing in analytical testing further driving the US environmental testing market.

 

 

• Lack of Technical Skill and Shortage of Equipment

The lack of efficient skilled workforce and expertise are majorly effecting the environmental testing in the US. Moreover, the shortage of equipment used of environmental testing are also hindering the market growth. As the testing procedures requires good manufacturing practices that ensures factors such as the cooperation between the manufacturing companies and government testing services. This services are most of the times not fulfilled due to the lack of expertise that hampers the usage of environmental testing equipment.

 

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the U.S. Environmental Testing market. In 2019, the U.S. Environmental Testing Market top 10 companies such as – SGS North America Inc., Eurofins USA, Intertek PLC, Agilent Technologies Inc., Environmental Testing Inc., Bureau Veritas North America, Microbac Laboratories, Romer Labs Inc. and Suburban Testing Labs

 

• In 2018, Eurofins Scientific, major leader in bio analytical testing announced the agreement signed with the JSTI Group (Shenzen Stock Exchange Stock Code 300284) for the acquisition of TestAmerica Environmental Services LLC (“TestAmerica”).  This acquisition will help Eurofins to enhance its further service offering to the market, and has also led to the deployment of R&D and take up rare testing at sites to improve efficineces.