With an estimated market value of $9,621.7 million by 2031 and a projected annual growth rate of 8.2% from 2021 to 2031, the global Blood Culture Tests Market is anticipated to experience rapid expansion in the upcoming years. This growth is being fueled by a number of important causes, such as the rising incidence of bloodstream infections, the rise in sepsis cases, the high cost of treatment, the rise in the number of elderly people, and the increased need for quick diagnostic methods due to the ongoing COVID-19 pandemic.
With a large impact on patient outcomes and healthcare costs, bloodstream infections are a serious global healthcare concern. Blood culture tests, which are essential in the early identification and diagnosis of infectious agents in the bloodstream, are in greater demand as a result of the rising occurrence of these illnesses. The need for blood culture tests is anticipated to increase as the prevalence of bloodstream infections rises as a result of variables including antibiotic resistance and hospital-acquired illnesses.
Sepsis, a potentially fatal illness brought on by bloodstream infections, is a significant source of morbidity and mortality on a global scale. Effective diagnostic techniques are urgently needed due to the rise in sepsis patients and the high cost of sepsis therapy. Blood culture tests are a useful technique for the early diagnosis and treatment of sepsis because they allow for the prompt delivery of the right antibiotic therapy. The demand for blood culture testing is anticipated to increase significantly as the number of sepsis cases rises, driven by factors including ageing populations and the frequency of chronic diseases.
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The number of elderly people, who are more vulnerable to infections and their repercussions, is significantly rising worldwide. Due to their weakened immune systems, older persons are more susceptible to bloodstream infections. The need for blood culture tests is anticipated to increase as the geriatric population keeps growing, as these tests are crucial for identifying and treating illnesses in this group. The current COVID-19 pandemic has highlighted the value of quick diagnostic methods even more. Blood culture techniques have risen to prominence in the diagnostic toolbox due to the pressing necessity for the rapid and precise detection of infectious pathogens. Rapid blood culture tests give doctors quick information they may use to decide on the best course of treatment, lowering the chance of problems and increasing patient outcomes. The pandemic-related rise in demand for quick diagnostic methods is anticipated to fuel the market for blood culture testing worldwide.
Market participants are predicted to concentrate on technological breakthroughs and improvements, such as the creation of automated systems and the incorporation of cutting-edge molecular techniques, as the market for blood culture tests grows globally. These developments are meant to meet the growing demand for dependable and quick diagnostic solutions by improving the precision, effectiveness, and turnaround time of blood culture tests.
Highlighted with 84 tables and 87 figures, this 165-page report “Global Blood Culture Tests Market 2021-2031 by Product (Consumables, Instruments, Software and Services), Method (Conventional, Automated), Technology (Culture-Based, Molecular, Proteomics, Others), Application (Bacteremia, Fungemia, Mycobacterial Detection), End User (Hospital Laboratories, Reference Laboratories, Academic Research Laboratories), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global blood culture tests market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
View Report Scope and Latest Developments in the Market:
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and the Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global luxury packaging market in every aspect of the classification from perspectives of Material, Industry, and Region.
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Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Consumables
o Blood Culture Media
o Assay Kits & Reagents
o Blood Culture Accessories
- Instruments
o Automated Blood Culture Systems
o Supporting Laboratory Equipment
- Software and Services
Based on Method, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Conventional/Manual Methods
- Automated Methods
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Culture-Based Technologies
- Molecular Technologies
o Microarrays
o Polymerase Chain Reaction (PCR)
o PNA-FISH
- Proteomics Technology
- Other Technologies
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Bacteremia
- Fungemia
- Mycobacterial Detection
Based on End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Hospital Laboratories
- Reference Laboratories
- Academic Research Laboratories
- Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Product, Application, and End User over the forecast years are also included.
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Autobio Diagnostics Co., Ltd.
Becton, Dickinson and Company (BD)
Binder Gmbh
Biobase Biotech (Jinan) Co., Ltd.
BioMérieux SA
Bruker Corporation
Carl Zeiss Ag
Cepheid Inc. (Danaher Corporation)
Hoffmann-La Roche Ltd.
Luminex Corporation
Neogen Corporation (Abtek Biologicals)
OpGen Inc.
T2 Biosystems, Inc.
Thermo Fisher Scientific Inc.
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