Global Blood Culture Tests Market, By Method (Conventional/Manual Methods and Automated Methods), Product (Consumables, Instruments and Software and Services), Technology (Culture-Based Technology, Molecular Technologies and Proteomics Technology), Application (Bacteraemia, Fungaemia and Mycobacterial Detection), End User (Hospital Laboratories, Reference Laboratories, Academic Research Laboratories and Other Laboratories), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the blood culture tests market will exhibit a CAGR of around 8.90% for the forecast period of 2021-2028. Rising prevalence of sepsis cases is a major factor attributable to the growth of the blood culture tests market.
Blood culture tests are undergone to detect the presence of any microorganisms such as bacteria or fungi in the blood. Presence of bacteria, fungi or yeast in the blood will result in blood infection and give birth to many diseases. Blood culture tests are used to determine the presence of infection, causative agents and to further help to healthcare provider in deciding the course of treatment.
Rising prevalence of sepsis and other blood related infections is a root cause for the rise in blood culture tests market value. Growing approval rate of new products, such as instruments and consumables for Bloodstream Infections (BSI) diagnosis will further create lucrative and remunerative opportunities for the blood culture tests market.
However, stringent regulations imposed by the government for the development and manufacturing of diagnostic products will pose a major challenge to the market growth. Unfavourable reimbursement policies in the developing economies will also prove to be a market growth restraint. Dearth of skilled and trained professionals will further hamper the market growth rate.
This blood culture tests market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blood culture tests market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blood Culture Tests Market Scope and Market Size
The blood culture tests market is segmented on the basis of method, product, technology, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on method, blood culture tests market is segmented into conventional/manual methods and automated methods.
- On the basis of product, the blood culture tests market is segmented into consumables, instruments and software and services. Consumables segment is further sub-segmented into blood culture media, assay kits and reagents and blood culture accessories. Blood culture media segment is further bifurcated into aerobic blood culture media, paediatric aerobic blood culture media, anaerobic blood culture media, mycobacterial blood culture media and fungi/yeast blood culture media. Instruments segment is further sub-segmented into automated blood culture systems and supporting laboratory equipment. Supporting laboratory equipment segment is further bifurcated into incubators, colony counters, microscopes and gram strainers.
- On the basis of technology, the blood culture tests market is segmented into culture-based technology, molecular technologies and proteomics technology. Molecular technologies segment is further sub-segmented into microarrays, PCR (polymerase chain reaction) and PNA-FiSH (peptide nucleic acid – fluorescent in situ hybridization).
- Based on application, blood culture tests market is segmented into bacteraemia, fungaemia and mycobacterial detection.
- On the basis of disease, the blood culture tests market is segmented into TBI, stroke, dementia and epilepsy.
- On the basis of end user, the blood culture tests market is segmented into hospital laboratories, reference laboratories, academic research laboratories and other laboratories.
Blood Culture Tests Market Country Level Analysis
The blood culture tests market is analysed and market size insights and trends are provided by country, method, product, technology, application and end user as referenced above.
The countries covered in the blood culture tests market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market and will continue to during the forecast period. This is because of the prevalence of a favourable reimbursement scenario and prevalence of major key players. Asia-Pacific on the other hand is set to project the highest CAGR for the forecast period. This is because of the rising expenditure of healthcare infrastructure, rising investments for research and development activities and rising prevalence of various blood related infections.
The country section of the blood culture tests market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Blood culture tests market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the blood culture tests market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Blood Culture Tests Market Share Analysis
The blood culture tests market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blood culture tests market.
The major players covered in the blood culture tests market report are BD, Abbott, F. Hoffmann-La Roche Ltd, Novartis AG, Eli Lilly And Company., Terumo Corporation, Bruker, bioMérieux SA, Bayer AG, Merck & Co., Thermo Fisher Scientific Inc., Siemens Healthcare GmbH, Danaher., ZenTech S.A., ZeptoMetrix Corporation, BioFire Diagnostics, CytoTest Inc., Mikroscan Technologies, Inc., Leica Biosystems Nussloch GmbH and Devyser. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Blood Culture Tests Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.