The US environmental testing market is witnessing growth because of rapid industrialization and ever-growing infrastructure activities. The presence of huge farmland and fast food culture in the US is another factor for the demand for environmental testing due to the utilization of fertilizers, and food additives. The presence of a huge population and increasing disposal of income among the people to buy commercial products is another factor driving the market growth. In addition, the increase in the investment of the government to curb environmental degradation is another factor that will provide an opportunity for the development of the market. Hence, the presence of contaminants in the environment in various sectors drives the US environmental testing market growth.
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Environmental testing is a process where specific methods are used to detect and analyze contaminants in the environment. Environment sampling and analysis results are used to make decisions regarding the cleanup of contaminated areas and water distribution systems to protect public health in case of a chemical, biological, or radiological contamination incident. These samples are collected from the air, water, soil, and other areas.
An increase in awareness among the citizens and the government regarding environmental degradation compared to the past decade drives the growth of the market. The presence of huge agricultural farms along with technological development in the U.S. has led to the application of scientific farming hence, increasing the demand for soil testing. An increase in awareness among people regarding health drives the growth of the pharmaceutical and medical market in this country. The aforementioned factors drive the growth of the U.S. environmental testing market.
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An increase in the investment of the government as well as private institutions to improve environmental conditions drives the market growth. The presence of high competition and the need for huge capital for the operation of the company is hampering the development of the market. In addition, the lack of a skilled workforce and shortage of equipment used for environmental testing hinder the market growth. Testing procedures require good equipment that ensures good cooperation between manufacturing companies and government testing services to drive the market. These services are not fulfilled, owing to a lack of expertise that hampers the usage of environmental testing equipment.
The US environmental testing market is segmented on the basis of sample, contaminant, and technology. Depending on the sample, it is classified into wastewater, air, soil, and water. On the basis of contaminant, it is fragmented into organic compounds, microbiological contaminants, residues, heavy metals, and solids. by technology, it is divided into the conventional method and the rapid method.
The major companies profiled in this US environmental testing industry report include Alpha Analytical, Inc., American Environmental Testing Laboratory, LLC., Agilent Technologies, Inc., Eurofins Scientific, EMSL Analytical, Inc., Hydrologic Associates USA, Inc., Intertek Group plc, Microbac Laboratories, Inc, Mérieux NutriSciences Corporation, Pace Analytical Services, LLC, Thermo Fisher Scientific Inc, and Teledyne Technologies Incorporated. Additional growth strategies such as the expansion of production capacities, acquisition, and partnership in the development of innovative products from manufacturers have helped to attain key developments in the US environmental testing market trends.
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Key findings of the study
• By technology, the rapid method segment garnered 80% of the market share in 2020.
• By sample, the wastewater segment contributed nearly 50% of market revenue in 2020.
• By contaminant, the organic compounds segment dominated the US environmental testing market share by 46% in 2020.
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