05-Jun-2024 | Zion Market Research
Zion Market Research has published a new report titled “Blood Culture Tests Market By Technology (Culture-Based Technology, Proteomic Technology, and Molecular Technology), By Products & Services (Instruments, Consumables, and Software & Services), By Application (Mycobacteria, Fungemia, and Bacteremia), By End-User (Reference Laboratories, Hospital Laboratories, Academic Research Laboratories, and Other Laboratories), By Method (Automated Blood Culture and Manual/Conventional Blood Culture), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032”. According to the report, the global blood culture tests market size was valued at approximately USD 5.88 billion in 2023 and is predicted to reach around USD 11.67 billion by the end of 2032, expanding at a CAGR of around 7.90% from 2024 to 2032.
Blood culture is used to identify infections in the blood. It is the microbiological culture of blood, which is useful to identify infections spreading through one’s bloodstream. Globally, bloodstream infections (BSI) are one of the leading causes of morbidity and mortality. Blood culture plays a vital role in the diagnosis of various infections, such as bacterial, mycobacterial, and fungal. The techniques used in bloodstream infection automated methods and conventional/manual methods are used by healthcare professionals to identify the contamination in the bloodstream.
Browse the full “Blood Culture Tests Market By Technology (Culture-Based Technology, Proteomic Technology, and Molecular Technology), By Products & Services (Instruments, Consumables, and Software & Services), By Application (Mycobacteria, Fungemia, and Bacteremia), By End-User (Reference Laboratories, Hospital Laboratories, Academic Research Laboratories, and Other Laboratories), By Method (Automated Blood Culture and Manual/Conventional Blood Culture), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/blood-culture-tests-market
The rising frequency of bloodstream infections, increasing geriatric population globally, and growing demand for blood diagnostic tests will boost the global blood culture tests market in the future. Moreover, rising research and development activities by many healthcare companies to develop advanced testing products including software, consumables, and instruments is anticipated to further drive the global blood culture tests market over the estimated timeline. The increasing investment by major healthcare players in R&D for the development of new products is also anticipated to support the blood culture market. For instance, in 2016, a prominent vendor in healthcare, Becton, Dickinson, and Company, invested USD 1,430 million for its R&D.
The global blood culture tests market is segmented based on technology, products & services, application, end-user, and method. By technology, the global blood culture test market is segmented into culture-based technology, proteomic technology, and molecular technology. By product and services, the global blood culture tests market is segmented into instruments, consumables and software and services. The application segment includes mycobacteria, fungemia, and bacteremia. By end-user, the market is segmented into reference laboratories, hospital laboratories, academic research laboratories, and other laboratories. By this method, the market is bifurcated into automated blood culture and manual/conventional blood culture.
By region, North America dominated the blood culture tests market in 2023 due to various technological advancements. There is a significantly large presence of major healthcare firms, such as Roche Diagnostics, bioMerieux SA, Becton, Dickinson, and Company, and Thermo Fisher Scientific, Inc. in the region. These firms are contributing to the blood culture test market growth in the region. The Asia Pacific is anticipated to grow at the highest rate during the forecast period. The European blood culture tests market is anticipated to show significant growth in the future, owing to the presence of an advanced pharmaceutical industry and highly developed healthcare infrastructure especially in the UK, France, Germany, etc. The Middle Eastern and African and Latin American markets are projected to demonstrate moderate growth over the forecast time.
Some key players of the global blood culture tests market are Becton, Dickinson and Company, bioMérieux SA, Cepheid, Inc., Roche Diagnostics, Bruker Corporation, T2 Biosystems, Thermo Fisher Scientific, Inc., Nanosphere, Inc., Beckman Coulter, and Iridica.
This report segments the global blood culture tests market into:
Global Blood Culture Tests Market: Technology Analysis
Global Blood Culture Tests Market: Products & Services Analysis
Global Blood Culture Tests Market: Application Analysis
Global Blood Culture Tests Market: End-User Analysis
Global Blood Culture Tests Market: Method Analysis
Global Blood Culture Tests Market: Regional Analysis
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