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. An infection can spread to your blood and become systemic if it’s severe or if your immune system isn’t able to keep it contained. A systemic infection is known as sepsis.
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Market Data Analysis:
The Blood Culture Test market is projected to be valued at USD 3,975 million in 2019 and is anticipated to generate revenue of USD 7,360 million by the end of 2026, progressing at a GAGR of 9.2% between 2019 and 2026.
Blood Culture Test global market is significantly rising across the globe on the back of increasing prevalence of bloodstream infections and infectious diseases. Moreover, rising aging population, the increase in product approvals and launches, and an increase in demand for rapid diagnostic techniques are factors propelling the growth of the market. On the contrary, the Blood Culture Test market can be obstructed due to the high cost of automated instruments and a lack of technically skilled professionals. The increasing investment by major healthcare players in R&D for the development of new products will provide some opportunities for the growth of the market in the near future.
North America was the major revenue generating region in 2018 with a share of 34% and is expected to garner growth in the coming years. Various technological advancements, the prominent presence of major healthcare companies, and robust healthcare infrastructure are factors driving the growth of the market in North America.
Asia-Pacific is currently leading Europe with a share of 33% and 23%. Asia-Pacific is expected to witness remarkable growth in the forecast period, owing to the increasing occurrences of contagious diseases in the region. Moreover, a large population base and growing concerns about health and chronic diseases coupled with increasing disposable income are anticipated to fuel market growth in this region. In Europe, the highly developed healthcare infrastructure and the pharmaceutical industry, the rising occurrences of contagious diseases, and growing awareness regarding safe blood transfusion are anticipated to boost the growth of the market.
Market Classification:
Global Blood Culture Test market: Type segments
l Culture-based Technology
l Molecular Technology
l Proteomic Technology
Global Blood Culture Test market: Application segments
l Hospitals Laboratories
l Reference Laboratories
l Others
Global Blood Culture Test market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Blood Culture Test market, including Abbott, Alere, Becton, Dickinson and Company, Biomerieux, Bruker Corporation, Cepheid, F. Hoffmann-La Roche, Nanosphere, Siemens, Thermo Fisher, etc. These participants have adopted various growth strategies to meet the growing demand for Blood Culture Test market and to increase their market share.
Blood Culture Test Market Intended Audience:
l Blood Culture Test manufacturers
l Blood Culture Test importers and exporters
l Blood Culture Test traders, distributors, and suppliers
l Blood Culture Test industry associations
l Product managers, Blood Culture Test industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Healthcare organizations
l Research & Clinical Laboratories
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Blood Culture Test Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Blood Culture Test Market by Types
4 Segmentation of Blood Culture Test Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Blood Culture Test Market in Major Countries
7 North America Blood Culture Test Landscape Analysis
8 Europe Blood Culture Test Landscape Analysis
9 Asia Pacific Blood Culture Test Landscape Analysis
10 Latin America, Middle East & Africa Blood Culture Test Landscape Analysis
11 Major Players Profile
11.1 Abbott
11.1.1 Abbott Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Alere
11.3 Becton, Dickinson and Company
11.4 Biomerieux
11.5 Bruker Corporation
11.6 Cepheid
11.7 F. Hoffmann-La Roche
11.8 Nanosphere
11.9 Siemens
11.10 Thermo Fisher
…
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