Global Blood Culture Test Market by Application (Bacteremia, Fungemia), by Product (Consumables, Instrument), by Method (Automated, Manual), by Technology (PCR, Microarray, Proteomic), by End User (Hospital Laboratories, Reference Laboratories) and Regional Forecasts 2020-2027
- Report Code : BIZ2361785
- Published On: Mar, 2021
- Category : Diagnostics
- Pages : 200
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Global Blood Culture Test Market is valued approximately at USD 4.03 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2020-2027. Blood cultures are tests that are carried out to diagnose and determine the source of an infection in the blood. Bloodstream infections are most often caused by bacteria, but they may also be caused by yeast or other fungi or a virus. The driving factors of the market could be attributed to increase in product approvals of Consumables & Instrument and launches, rise in aging population prevalence of infectious diseases, blood stream infections, and sepsis. According to the World Health Organization (WHO), in 2019 around 250,000 cases of BSIs occur in the U.S. annually and among them, about 80,000 patients suffer from catheter-related BSIs in ICUs. As a result, there is a strong demand for innovative products for the diagnosis of bacterial, fungal, and mycobacterial infections by hospitals and clinical diagnostics laboratories. Many healthcare businesses have increased R&D activities to develop innovative products such as materials, consumables, and software. Investment in R&D for the production of a novel product is a key strategy for suppliers to support their companies' long-term growth. For example, in 2017 USD 1,433 million was invested by Becton, Dickinson and Company, a prominent provider of blood culture testing products. However, market growth could be hampered by stringent government regulations for the production and manufacturing of diagnostic products, including products for blood culture tests. Until regulatory approval, diagnostic products, such as instruments, kits, reagents, media, and assays, undergo comprehensive clinical trials, leading to a major surge in manufacturers' costs and thus delay in the launch of the product. Therefore, this may act as a restraint and affect the market growth.
The regional analysis of global Blood Culture Test is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising awareness about early disease diagnosis, increasing adoption of advanced technologies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027, owing to high incidence of sepsis and government initiatives thus, it would create lucrative growth prospects for the Blood Culture Test market across Asia-Pacific region.
Major market player included in this report are:
Becton, Dickinson and Company
bioMérieux SA
Thermo Fisher Scientific, Inc.
Cepheid, Inc.
Nanosphere, Inc.
Roche Diagnostics
Beckman Coulter
Bruker Corporation
IRIDICA
T2 Biosystems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by Application:
Bacteremia
Fungemia
by Product:
Consumables
Instrument
by Method:
Automated
Manual
by Technology:
Polymerase chain reaction (PCR)
Microarray
Proteomic
by End User:
Hospital Laboratories
Reference Laboratories
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Blood Culture Test Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Blood Culture Test market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Blood Culture Test Market, by Region, 2018-2027 (USD Million)
1.2.2. Blood Culture Test Market, by Application, 2018-2027 (USD Million)
1.2.3. Blood Culture Test Market, by Product, 2018-2027 (USD Million)
1.2.4. Blood Culture Test Market, by Method, 2018-2027 (USD Million)
1.2.5. Blood Culture Test Market, by Technology, 2018-2027 (USD Million)
1.2.6. Blood Culture Test Market, by End-User, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Blood Culture Test Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Blood Culture Test Market Dynamics
3.1. Blood Culture Test Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Blood Culture Test Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Blood Culture Test Market, by Application.
5.1. Market Snapshot
5.2. Global Blood Culture Test Market by Application, Performance - Potential Analysis
5.3. Global Blood Culture Test Market Estimates & Forecasts by Application 2017-2027 (USD Million)
5.4. Blood Culture Test Market, Sub Segment Analysis
5.4.1. Bacteremia
5.4.2. Fungemia
Chapter 6. Global Blood Culture Test Market, by Product
6.1. Market Snapshot
6.2. Global Blood Culture Test Market by Product, Performance - Potential Analysis
6.3. Global Blood Culture Test Market Estimates & Forecasts by Product 2017-2027 (USD Million)
6.4. Blood Culture Test Market, Sub Segment Analysis
6.4.1. Consumables
6.4.2. Instrument
Chapter 7. Global Blood Culture Test Market, by Method
7.1. Market Snapshot
7.2. Global Blood Culture Test Market by, Method - Potential Analysis
7.3. Global Blood Culture Test Market Estimates & Forecasts by Method 2017-2027 (USD Million)
7.4. Blood Culture Test Market, Sub Segment Analysis
7.4.1. Automated
7.4.2. Manual
Chapter 8. Global Blood Culture Test Market, by Technology
8.1. Market Snapshot
8.2. Global Blood Culture Test Market by Technology, Performance - Potential Analysis
8.3. Global Blood Culture Test Market Estimates & Forecasts by Technology 2017-2027 (USD Million)
8.4. Blood Culture Test Market, Sub Segment Analysis
8.4.1. Polymerase chain reaction
8.4.2. Microarray
8.4.3. Proteomic
Chapter 9. Global Blood Culture Test Market, by End-User
9.1. Market Snapshot
9.2. Global Blood Culture Test Market by Tec End-User, Performance - Potential Analysis
9.3. Global Blood Culture Test Market Estimates & Forecasts by End-User 2017-2027 (USD Million)
9.4. Hospital Laboratories
9.5. Reference Laboratories
Chapter 10. Global Blood Culture Test Market, Application
10.1. Blood Culture Test Market, Regional Market Snapshot
10.2. North America Blood Culture Test Market
10.2.1. U.S. Blood Culture Test Market
10.2.1.1. Application breakdown estimates & forecasts, 2017-2027
10.2.1.2. Product breakdown estimates & forecasts, 2017-2027
10.2.1.3. Method breakdown estimates & forecasts, 2017-2027
10.2.1.4. Technology breakdown estimates & forecasts, 2017-2027
10.2.1.5. End-User breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Blood Culture Test Market
10.3. Europe Blood Culture Test Market Snapshot
10.3.1. U.K. Blood Culture Test Market
10.3.2. Germany Blood Culture Test Market
10.3.3. France Blood Culture Test Market
10.3.4. Spain Blood Culture Test Market
10.3.5. Italy Blood Culture Test Market
10.3.6. Rest of Europe Blood Culture Test Market
10.4. Asia-Pacific Blood Culture Test Market Snapshot
10.4.1. China Blood Culture Test Market
10.4.2. India Blood Culture Test Market
10.4.3. Japan Blood Culture Test Market
10.4.4. Australia Blood Culture Test Market
10.4.5. South Korea Blood Culture Test Market
10.4.6. Rest of Asia Pacific Blood Culture Test Market
10.5. Latin America Blood Culture Test Market Snapshot
10.5.1. Brazil Blood Culture Test Market
10.5.2. Mexico Blood Culture Test Market
10.6. Rest of The World Blood Culture Test Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Becton, Dickinson and Company
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. bioMérieux SA
11.2.3. Thermo Fisher Scientific, Inc.
11.2.4. Cepheid, Inc.
11.2.5. Nanosphere, Inc.
11.2.6. Roche Diagnostics
11.2.7. Beckman Coulter
11.2.8. Bruker Corporation
11.2.9. IRIDICA
11.2.10. T2 Biosystems
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
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The Global Blood Culture Test Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
From 2024 to 2029, the Global Blood Culture Test Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
The Global Blood Culture Test Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
The majority of data for the Global Blood Culture Test Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.
