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Blood Culture Tests Marketsize was valued at USD 4.99 Bn. in 2022 and the total Blood Culture Tests revenue is expected to grow by 11 % from 2023 to 2029, reaching nearly USD 10.37 Bn.
Blood Culture TestsMarket Overview:
A competitor's information is separated by theBlood Culture Testsmarket Size competitive landscape. A company overview, financials, revenue generated, market potential, investment in RD, new market efforts, geographical presence, business strengths and weaknesses, product introduction, product width and breadth, and application domination are all included in the data. The accompanying information is only relevant to the organisations' focus on theBlood Culture Testsmarket share.
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Market Scope:
ThisBlood Culture Testsmarket research report discusses the most recent developments, trade restrictions, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market players, and other subjects.
Segmentation:
by Product
1.Consumables
1.2 Bacterial Infections
2.2 Fungal Infections
3.3 Mycobacterial Infections
4.4 Assay, Kits, and Reagents
5.5 Blood Culture Accessories
6.6 Blood Culture Media
1.2.3Aerobic
1.2.3 Anaerobic
2.2.3Fungi/Yeast
3.4.5 Others
2.Instrumentso Bacterial Infections
2.1 Fungal Infections
2.2Mycobacterial Infections
3.3Automated Blood Culture Systems
4.4Laboratory Equipment
1.2.3 Incubators
2.3.4 Colony counters
3.4.5 Microscopes
5.6.7 Gram stainers
3.Software Services
3.1 Bacterial Infections
3.2 Fungal Infections
3.3 Mycobacterial Infections
Based on Product,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 2022. 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
1.Conventional
2. Automated
Based on the Technique,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 2022, had the biggest revenue-generating segment. Thanks to technical developments, such as faster and more accurate findings, and increased RD investments by manufacturers for new product development, the automated blood culture technique sector is expected to exhibit the greatest CAGR during the forecast period. The company's main priorities are the introduction of cutting-edge testing equipment and supplies for its clients. The BD BACTEC FX40 Blood Culture System and the BD EpiCenter Microbiology Data Management System, for instance, were introduced by Becton, Dickinson, and Company in June. China, Japan, India, the U.S., Germany, France, and the U.K. are expected to hold a sizable portion of the market. Some of the reasons that are likely to contribute to the growth include the growing prevalence of infectious diseases, the existence of several diagnostics firms, and the accessibility of a highly developed healthcare infrastructure.
by Technology
1.Culture-based Technology
2. Proteomic technology
3.Molecular Technology
1.2 PCR
2.2 Microarray
3.3 PNA-FISH
Based on Technology,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 2022. 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 RD expenditures and an increase in the prevalence of infectious disorders.
by Application
1. Bacterial Infections
2. Fungal Infections
3. Mycobacterial Infections
Based on Application,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. The governments of these nations are working to provide higher-quality medical facilities and diagnostic tools, which encourages adoption even more. Because BSIs are common and sepsis cases are increasing globally, the fungal infections market is expected to increase profitably over the study period. For example, Candida species are the main causative agents of fungal sepsis, which accounts for 10% to 15% of infections associated with healthcare.
by End-Use
1.Hospital Laboratories
2.Reference Laboratories
3.Others
Based on End-Use,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.
- GlobalBlood Culture TestsMarket: Research Methodology
- GlobalBlood Culture TestsMarket: Executive Summary
- Market Overview and Definitions
- Introduction to GlobalBlood Culture TestsMarket
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- GlobalBlood Culture TestsMarket: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- GlobalBlood Culture TestsMarket Segmentation
- GlobalBlood Culture TestsMarket, by Type (2023-2029)
- GlobalBlood Culture TestsMarket, by Product (2023-2029)
- GlobalBlood Culture TestsMarket, by Application (2023-2029)
- GlobalBlood Culture TestsMarket, by End-User (2023-2029)
- GlobalBlood Culture TestsMarket, by Vertical (2023-2029)
- RegionalBlood Culture TestsMarket(2023-2029)
- RegionalBlood Culture TestsMarket, by Type (2023-2029)
- RegionalBlood Culture TestsMarket, by Product (2023-2029)
- RegionalBlood Culture TestsMarket, by Application (2023-2029)
- RegionalBlood Culture TestsMarket, by End-User (2023-2029)
- RegionalBlood Culture TestsMarket, by Vertical (2023-2029)
- RegionalBlood Culture TestsMarket, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
1. Becton
2. Dickinson and Company
3. Thermo Fisher Scientific
4. bioMrieux 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
Regional Analysis:
Individual market influencing variables and changes in market rules that affect present and future market trends are also included in the geographical component of the research. Only a few of the indicators utilised to estimate the market scenario for various countries are value chain analysis, technology trends, porter's five forces analysis, pestle analysis, and case studies.
COVID-19 Impact Analysis onBlood Culture TestsMarket:The impact of the COVID-19 pandemic on theBlood Culture Testsmarket Growth has also been included in the research.
Key Questions Answered in theBlood Culture TestsMarket Report are:
- Which segment grabbed the largest share in theBlood Culture Testsmarket in 2023?
- How is the competitive landscape of theBlood Culture Testsmarket?
- Which are the key factors aiding theBlood Culture Testsmarket growth in the forecast period (2023-2029)?
- Which region held the maximum share in theBlood Culture Testsmarket in 2023?
- What will be the CAGR of theBlood Culture Testsmarket during the forecast period (2023-2029)?
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