Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the blood culture test market provides an in-depth analysis
of segments and sub-segments in the global as well as regional blood culture
test market. The study also highlights the impact of drivers, restraints, and
macro indicators on the global and regional blood culture test market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global blood culture test market.
According to the report, the global blood culture test market is projected to
grow at a CAGR of 7.5% over the forecast period of 2019-2025.
Blood culture is the test that is
used to check bacterial infection, yeast infection as well as other
microorganisms in the blood. A positive blood culture indicates the presence of
bacteria in the blood while negative blood culture indicates the unavailability
of the bacteria. According to the WHO report, Urinary Tract Infections (UTIs)
and surgical-site wound infections are mostly found in developing countries as
compared to developed countries. The FDA has approved a fully automated
blood culture system, which is commercially available in countries like the USA
that recognize CE marks.
The growing population that leads
to the increasing prevalence of the various infectious disease is the driving
factor of the blood culture test market. Furthermore, the increasing demand for
rapid diagnostic techniques and the increase in R&D initiatives by the
healthcare industries are boosting the blood culture test market. Regulatory approval
is required for diagnostic products such as kits, media, and instruments. This
led to a delay in product launch and a rise in the cost of the diagnostic
products. However, the high cost of novel techniques and stringent government
regulations are the factors hampering the blood culture test market. Increasing
government initiatives regarding awareness of the disease offer favorable
opportunities for the blood culture test market. As the product has to face
different clinical trial phases that can be a challenge for the blood culture
test market.
Geographically, North America is
the dominant region in the blood culture test market due to the presence of a
large number of healthcare companies such as Thermo Fisher Scientific, Roche
Diagnostics. The Asia Pacific holds the second largest market share in the
blood culture test market. The increasing infectious disease, as well as
growing healthcare infrastructure, are boosting the blood culture test market
in the Asia Pacific. Europe is expected to grow at a healthy CAGR in the
forecast period due to the growing investments in R&D by the healthcare
industry.
The report on the global blood
culture test market covers segments such as method, product, technology,
application, and end user. On the basis of method, the sub-markets include
conventional/manual methods, and automated methods. On the basis of product,
the sub-markets include consumables, and instruments. On the basis of
technology, the sub-markets include culture-based technology, and molecular
technologies. On the basis of application, the sub-markets include bacteremia,
and fungemia. On the basis of end user, the sub-markets include hospital
laboratories, reference laboratories, and other laboratories.
The report provides profiles of
the companies in the market such as Becton, Dickinson and Company, Biomérieux
SA, Cepheid, Nanosphere, Inc., Bruker Corporation, Beckman Coulter, Roche
Diagnostics, and T2 Biosystems.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the blood culture test market. Moreover, the study highlights
current market trends and provides forecast from 2019-2025. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.