Global Blood Culture Tests
Market Report
2023
Delivery Includes:- Market Timeline 2018 till 2030, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
Author Name: Anushka Gore | Report ID: CMR621930 | The base year for the calculation is 2023 and 2018 to 2023 will be historical period. The year 2023 will be estimated one while the forecasted data will be from year 2023 to 2028. When we deliver the report that time we updated report data till the purchase date. PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access. ![]()
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As per Cognitive Market Research's latest published report, the Global Blood Culture Tests Market size was USD 4.9 Billion in 2022.
Base Year | 2023 |
Historical Data Time Period | 2018-2023 |
Forecast Period | 2023-2030 |
Blood Culture Tests Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blood Culture tests play a crucial role in the detection of infection such as bacterial, Fungal, Mycobacterial. Healthcare workers employ a variety of approaches, including conventional/manual and automated blood culture procedure, to find infections. As a Result, it is anticipated that the demand will increase in the future. The Presence of bacteria, fungus, or yeast in the blood causes blood infection, which in turn give rise to a variety of disorders. A Major Factor driving the increase in the market value for blood culture tests is the rising incidence of sepsis and other blood -borne illness. Growing Prospects for the blood culture tests market will be brought about by the increasing approval of new products, such as tools and supplies for diagnosing bloodstream Infection (BSI).
Bloodstream infections acquired in hospitals, or nosocomial infections, are a major cause of death worldwide. Around 30 million people globally experience bloodstream infections every year. The frequency of these infections lengthens hospital stays generally, raising their cost. These infections are more common. The need for advanced blood culture techniques that aid in the early diagnosis of infection is anticipated to grow in response to the increased frequency of bacterial bloodstream infections.
The high initial investment for the deployment of blood culture test solutions is projected to restrain market growth. Automated blood culture devices are regarded more since they offer more highly features and functions. Due to their limited funding, academic research facilities typically cannot offer such expensive systems. The cost of maintenance and a number of other indirect expenses also contribute to an increase in the overall cost of ownership of these devices, which is a significant barrier to automated blood culture instrument adoption, especially among small-scale end users.
In the upcoming years, this is anticipated to increase demand for blood culture tests. Additionally, Luminex Corporation, a biotechnology company with applications in life sciences, launched Verigene with the aid of technological advancement. Varigene has 30 targets and offers results for six different resistant genes for gramme-negative CTX-M—ESBL (cefotaxime extended- spectrum beta-lactamase). As a result, the expansion of the blood culture test market is fueled by the increased use of new technology in the healthcare sector.
The rise in COVID-19 cases around the world has a substantial impact on the blood testing market. A machine learning model for COVID-19 diagnosis was built and Cross- validated using the routine blood tests of patients with diverse bacterial infections and patients with COVID-19 infection. Blood cultures are used to determine the type of bacteria or fungi present, detect their presence in the blood, and direct treatment. A blood infection (septicemia) that might result in sepsis, a serious and life threatening consequence is detected through testing. Testing is typically carried out in a hospital setting, since patients with suspected blood infections are frequently treated in intensive care units.
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F. Hoffmann-La Roche Ltd. purchased GenMark’s Diagnostics in May 2021 to add syndromic testing capabilities to its molecular diagnostics portfolio. Roche's efforts to manage infectious illnesses and antibiotic resistance are improved by GenMark's ePlex technologies. With the help of a single quick test and a patient sample, the ePlex platform can identify several infections, giving clinicians hours to identify the infection's source and recommend a course of therapy.
Top Companies Market Share in Blood Culture Tests Industry: (In no particular order of Rank)
Global Blood Culture Tests Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blood Culture Tests Industry growth. Blood Culture Tests market has been segmented with the help of its Type, Application Products, and others. Blood Culture Tests market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2018 to 2030. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Blood Culture Tests market.
Type of Blood Culture Tests analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Blood Culture Tests Industry. Request a Free Sample PDF!
Based on the application ,the global blood culture test market is segmented on the basis of bacterial infection. It is one of the main causes of bloodstream infection and sepsis, the bacterial application segment had the largest growth and is expected to continue to lead in the near future. However, because sepsis and bloodstream infections are becoming more commonplace worldwide, the fungal category is anticipated to have significant expansion during the projected period
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Blood Culture Tests market report 2023 Edition by contacting our team.
Based on the product type ,the blood culture testing market is divided into consumables, instruments, software, and services. The consumables category is anticipated to increase at the greatest CAGR. The expansion of this market sector is being driven by elements like the more frequent requirement for consumables than for instruments
Based on the end-user, the global blood culture tests market is divided into hospital laboratories, reference laboratories, academic research laboratories, and other laboratories (which include pathology laboratories, bacteriological laboratories, physician office laboratories, and dependent research). During the projection period, the reference laboratories segment is anticipated to increase at the greatest CAGR. The expansion of this market is being driven by factors such as increasing the outsourcing of blood culture tests by hospitals to reference laboratories.
The blood culture test market is divided into automated blood culture methods and traditional or manual blood culture methods based on method. The conventional and manual blood culture methods market category is anticipated to hold the greatest market share. This segment of the market is growing as a result of elements like quick turnaround times and less contamination risk due to less personal interaction.
Based on the technology ,the blood culture test market is divided into culture based technologies. Molecular technologies are predicted to experience the largest CAGR growth during the forecast period. This market is expanding as a result of factors such as the rising prevalence of sepsis and the rising demand for quick diagnostic methods for identifying bacteria, fungus and mycobacterium in blood samples.
Due to the rising frequency of bloodstream infections and the region's advanced healthcare infrastructure, North America accounted for a significant portion of the global market for blood culture tests in 2019 and is predicted to continue dominating the sector throughout the projected period. The market is also expanding as a result of increased consumer knowledge and acceptance of novel diagnostic techniques, robust economic expansion, and rising demand for cutting-edge medical facilities. The market for blood culture tests is also expanding due to an increase in R&D efforts to create novel blood culture tests and the presence of key competitors operating in the area. Despite this, Asia-Pacific is anticipated to see the highest CAGR due to growing target populations and expanding healthcare infrastructure.
The current report Scope analyzes Blood Culture Tests Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
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Report scope is customizable as we have a huge database of Blood Culture Tests industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
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This chapter helps you to understand the importance of report and how we designed the report scope of Blood Culture Tests market. As per your requirement we can also design the market scope as a customised report.
This chapter provides insights on our data collection and data validation process. It covers detailed information on wide range of sources referred during the study.
We have designed a unique questionnaire for the market research survey of Blood Culture Tests industry and shared it with a network of Industry experts of the entire value chain, located across the globe. This study helps us to gather accurate quantitative and qualitative data for the publication.
The executive summary is an overview of a Blood Culture Tests Market Report. In this chapter we have summarized the overall report data in snapshot format.
This chapters incorporated product description overview and regional sales statistics for the year 2018-2030.
This chapter covers a competitive analysis of the global Blood Culture Tests market, and it includes quantitative information such as revenue and market share of the manufacturers. The chapter also includes information regarding the strategies adopted by the manufacturers such as mergers, acquisitions, and new product launches.
ESG analysis is the consideration of all factors in investment including environmental, social, and governance (ESG) factors. ESG integration is key part of the investment process. ESG analysis helps to measure company’s goals and progress when it comes to climate change, social improvement and good governance.
This chapter helps you understand the Market Drivers, Market Restrain, Market Opportunity and Trends by each segment.
This segment of the report provides in-depth and pertinent information on every foremost player in the market through both primary and secondary research. The Company Basic Information, and Sales Area chapter includes ten or more key players, which are dominating the market. Each company profile includes demystifying professional information in a tabular format, which comprises the company’s official website, established year, market position, geographical presence, competitors, and contact information. Further, company profiling includes an in-detailed business overview, COVID-19 impact on the particular firm, product type specifications, revenue & market share, and recent developments done by the company for its inorganic development, such as mergers, strategic acquisitions, partnerships, and others. Besides, profiling includes the company’s investment in research and development activities. The recent innovative product launches, business expansion, investments done by the company in different markets, and other news are also available in the company profiling section. At last, it provides the company’s business strategy and SWOT analysis.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter categorizes detailed perceptions into an application segment based on end users’ needs, and preferences to understand their requirements and purchasing patterns effectively. It analyzes the current trends of the market that mainly consists of information related to new product use, trends in consumer demand, and available close substitutes of the product.
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blood Culture Tests market
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blood Culture Tests Market is witnessing significant growth in the near future.
In 2023, the Bacterial Infections segment accounted for noticeable share of global Blood Culture Tests Market and is projected to experience significant growth in the near future.
The Bacterial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Abbott , BioMerieux and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Why Bacterial Infections have a significant impact on Blood Culture Tests market? |
What are the key factors affecting the Bacterial Infections and Fungal Infections of Blood Culture Tests Market? |
What is the CAGR/Growth Rate of Bacterial during the forecast period? |
By type, which segment accounted for largest share of the global Blood Culture Tests Market? |
Which region is expected to dominate the global Blood Culture Tests Market within the forecast period? |
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