Global Blood Culture Tests Market by Product Types, Technology Types, Application Types and Regions- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The blood culture tests market was valued at approximately USD 4Billion in 2019 and is expected to surpass USD 7Billion by 2026, expanding at a CAGR of 9.1% during the forecast period 2020–2026.

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A blood culture is a test that checks for foreign invaders like bacteria, yeast, and other microorganisms in your blood. Having these pathogens in your bloodstream can be a sign of a blood infection, a condition known as bacteremia. A positive blood culture means that you have bacteria in your blood. This type of infection involves the blood that circulates within your entire body. Bacteria that start on your skin or in your lungs, urine, or gastrointestinal tract are common sources of blood infections. Blood cultures are ordered when your doctor suspects you may have a blood infection. It’s important to test for blood infections because they can lead to serious complications. One such complication of a blood infection is sepsis. The results of the test can help your doctor determine which specific organism or bacteria is causing the blood infection and how best to combat it.

Market Trends, Drivers, Restraints, and Opportunities:

Rising prevalence of infectious diseases, blood stream infections (BSIs), and sepsis is expected to be the main factor driving the market growth. According to the World Health Organization (WHO), about 250,000 cases of BSIs occur annually, and among them, around 80,000 patients in ICUs suffer from catheter-related BSIs. As a result, there is a high demand for advanced products by hospitals and clinical diagnostics laboratories for the detection of bacterial, fungal, and mycobacterial infections.
Stringent government regulations for the development and manufacturing of diagnostic products, including blood culture tests products, could hinder the market growth. The diagnostic products, such as instruments, kits, reagents, media, and assays, undergo rigorous clinical trials prior to a regulatory approval. This leads to a significant rise in the costs incurred by the manufacturers and delay in product launch. Commercialization of diagnostic products depends on successful completion of clinical trials, which is a long, uncertain, and costly process.
The increase in research and development of blood culture tests provides a huge opportunity for vendors to expand their hold in the market.

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Competitive Landscape:

The global blood culture tests market has been fragmented by presence of various regional and global players. Some of the key players operating in the market are Becton, Dickinson and Company, bioMérieux SA, Thermo Fisher Scientific, Inc., Danaher Corporation, Luminex Corporation, Roche, BrU.K.er Corporation and Abbott Laboratories. Major companies are undertaking various strategic initiatives including mergers and acquisitions, collaborations, new product development and launch, and regional expansions for serving the unmet customer needs. The leading manufacturers such as Becton, Dickinson and Company; Roche Diagnostics, and Thermo Fisher Scientific, Inc.

The global blood culture tests market has been segmented on the basis of

Product Types

Consumables
Instruments
Software

Technology Types

Culture-based
Molecular
Proteomic

Application types

Bacterial
Fungal
Mycobacterial

Regions

Asia Pacific
Europe
North America
Middle East and Africa
Latin America

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Blood Culture Tests Market Overview
Global Blood Culture Tests Market Analysis and Forecast by Type
Global Blood Culture Tests Market Analysis and Forecast by Application
Global Blood Culture Tests Market Analysis and Forecast by Sales Channel
Global Blood Culture Tests Market Analysis and Forecast by Region
North Blood Culture Tests Market Analysis and Forecast
Latin Blood Culture Tests Market Analysis and Forecast
Europe Blood Culture Tests Market Analysis and Forecast
Asia Pacific Blood Culture Tests Market Analysis and Forecast
Middle East & Africa Blood Culture Tests Market Analysis and Forecast
Competition Landscape

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