Blood Culture Tests Market Report Overview
The report provides an analysis of both the current and future conditions in the Blood Culture Tests market, delivering valuable insights and the latest information across essential segments. Within the context of the Blood Culture Tests market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Blood Culture Tests market, including the projected Blood Culture Tests sales during the forecast period.
Blood Culture Tests Market size was valued at USD 5.33 Bn. in 2023 and the total Blood Culture Tests revenue is expected to grow by 11 % from 2024 to 2030, reaching nearly USD 11.50 Bn.
Blood Culture Tests Market Report Scope and Research Methodology
The primary goal of the Blood Culture Tests market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the Blood Culture Tests market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR's research undertakes a thorough exploration of the Blood Culture Tests market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective Blood Culture Tests market entrants. Moreover, the global report for the Blood Culture Tests market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.
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Blood Culture Tests Market Regional Insights
North America dominated the market with largest revenue market share in 2023. Owing to the presence of numerous significant healthcare organizations like Becton, Dickinson and Company, bioMérieux SA, Thermo Fisher Scientific, Inc., and Roche Diagnostics.
Blood Culture Tests Market Segmentation
by Product
Consumables
Bacterial Infections
Fungal Infections
Mycobacterial Infections
Assay, Kits, and Reagents
Blood Culture Accessories
Blood Culture Media
Aerobic
Anaerobic
Fungi/Yeast
Others
Instrumentso Bacterial Infections
Fungal Infections
Mycobacterial Infections
Automated Blood Culture Systems
Laboratory Equipment
Incubators
Colony counters
Microscopes
Gram stainers
Software & Services
Bacterial Infections
Fungal Infections
Mycobacterial Infections
the growing use of items like blood culture media, assay, kits, reagents, and other accessories for diagnostics applications, and consumables accounted for the highest revenue-generating segment of the blood culture tests market in 2023. The frequent purchasing of consumables is yet another significant factor fueling the segment's growth. Because of product advances, the instruments industry is expected to grow significantly throughout the forecast period. In hospitals and other diagnostic labs, automated systems, incubators, colony counters, microscopes, and gram strainers are frequently employed.
by Technique
Conventional
Automated
The market is divided into conventional and automated segments based on technique. Owing to the widespread use of the conventional technique by hospitals, independent clinical laboratories, and pathology laboratories in 2023, had the biggest revenue-generating segment. Thanks to technical developments, such as faster and more accurate findings, and increased R&D investments by manufacturers for new product development, the automated blood culture technique sector is expected to exhibit the greatest CAGR during the forecast period.
by Technology
Culture-based Technology
Proteomic technology
Molecular Technology
PCR
Microarray
NA-FISH
The market is divided into culture-based, molecular, and proteomic segments depending on technology. The segment of technology based on culture had the biggest sales market share in 2023. This is because many laboratories, including hospital, reference, pathology, and doctor's office laboratories, use this technology extensively. The category for molecular technologies is expected to have the highest CAGR throughout the forecast period. Rapid diagnostic methods for identifying bacterial or fungal infections in the blood are in demand owing to manufacturers' increasing R&D expenditures and an increase in the prevalence of infectious disorders.
by Application
Bacterial Infections
Fungal Infections
Mycobacterial Infections
Blood culture tests are used to find bacteria that spread into the blood in several illnesses, including osteomyelitis, meningitis, pneumonia, kidney infection, and sepsis. Infections with mycobacteria and fungi can also be found using them. As bacterial infection is the most frequent cause of BSI and other infections, the bacterial infections category held the largest market share in terms of revenue in 2018. Additionally, the segment is anticipated to have the greatest CAGR during the forecast period. The segment's growth is anticipated to be fueled by rising healthcare awareness and improved healthcare infrastructure in developing nations like South Africa, Tanzania, China, India, and Argentina.
by End-Use
Hospital Laboratories
Reference Laboratories
Others
Hospital laboratories held the greatest revenue share of the market in 2018. This is due to an increase in infections that are acquired in hospitals (HAIs). The WHO estimates that developing nations have an infection rate in intensive care units (ICUs) that is two to three times higher than that of industrialized nations. This rate includes infections of the urinary tract (UTIs) and surgical site wounds. Every year, over 8,000 patients in Canada pass away from illnesses acquired in hospitals.
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Blood Culture Tests Market Key Players
1. Becton
2. Dickinson and Company
3. Thermo Fisher Scientific
4. bioMérieux SA
5. Luminex Corporation
6. Danaher Corporation
7. Bruker Corporation
8. IRIDICA
9. Roche Diagnostics
10.T2 Biosystems
11.Anaerobe Systems
12.OpGen
13.Meditech Technologies India Private Limited
14.Carl Zeiss AG
15.Nikon Corporation
16.BINDER GmbH
17.Biobase Biotech
18.Scenker Biological Technology Co.
19.Bulldog Bio
20.Axiom Laboratories
21.HiMedia Laboratories
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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