Global Blood Culture Tests Market Worth Reach USD 3,989 Million By 2025: Zion Market Research

According to the report, the global blood culture tests market was valued at around USD 2,133 million in 2018 and is expected to reach approximately USD 3,989 million by 2025, at a CAGR of around 10.2% between 2019 and 2025.


New York, NY, March 18, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Blood Culture Tests Market By Technology (Culture-Based Technology, Proteomic Technology, and Molecular Technology), By Products & Services (Instruments, Consumables, and Software & Services), By Application (Mycobacteria, Fungemia, and Bacteremia), By End-User (Reference Laboratories, Hospital Laboratories, Academic Research Laboratories, and Other Laboratories), and By Method (Automated Blood Culture and Manual/Conventional Blood Culture): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 and 2025”. According to the report, the global blood culture tests market was valued at around USD 2,133 million in 2018 and is expected to reach approximately USD 3,989 million by 2025, at a CAGR of around 10.2% between 2019 and 2025.

Blood culture is used to identify infections in the blood. It is the microbiological culture of blood, which is useful to identify infections spreading through one’s bloodstream. Globally, bloodstream infections (BSI) are one of the leading causes of morbidity and mortality. Blood culture plays a vital role in the diagnosis of various infections, such as bacterial, mycobacterial, and fungal. The techniques used in bloodstream infection automated methods and conventional/manual methods are used by healthcare professionals to identify the contamination in the bloodstream.

Browse through 88 Tables & 24 Figures spread over 110 Pages and in-depth TOC on “Global Blood Culture Tests Market: Method, Application, Products, Size, Share and Forecast, 2018-2025”.

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The rising frequency of bloodstream infections, increasing geriatric population globally, and growing demand for blood diagnostic tests will boost the global blood culture tests market in the future. Moreover, rising research and development activities by many healthcare companies to develop advanced testing products including software, consumables, and instruments is anticipated to further drive the global blood culture tests market over the estimated timeline. The increasing investment by major healthcare players in R&D for the development of new products is also anticipated to support the blood culture market. For instance, in 2016, a prominent vendor in healthcare, Becton, Dickinson, and Company, invested USD 1,430 million for its R&D.

The global blood culture tests market is segmented based on technology, products & services, application, end-user, and method. By technology, the global blood culture tests market is segmented into culture-based technology, proteomic technology, and molecular technology. By product and services, the global the blood culture tests market is segmented into instruments, consumables and software and services. The application segment includes mycobacteria, fungemia, and bacteremia. By end-user, the market is segmented into reference laboratories, hospital laboratories, academic research laboratories, and other laboratories. By the method, the market is bifurcated into automated blood culture and manual/conventional blood culture.

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By region, North America dominated the blood culture tests market in 2018 due to various technological advancements. In addition, the prominent presence of major healthcare companies, such as Roche Diagnostics, Becton Dickinson and Company, bioMérieux SA, and Thermo Fisher Scientific, Inc. in the region and robust healthcare infrastructure are other key factors driving the growth of the blood culture tests market. Moreover, the affordability of patients pertaining to costly medical procedures and high disposable income are anticipated to drive the region’s blood culture tests market in the future.

The Asia Pacific is projected to be the fastest growing region in the future, owing to the increasing occurrences of contagious diseases in the region. The growing interest of various multinational companies for investment in developing countries, such as India and China, is likely to further contribute toward this regional market’s growth over the forthcoming years. A large population base and growing concerns about health and chronic diseases coupled with increasing disposable income and high spending on health issues are driving the blood culture test market in the Asia Pacific.

Browse the full “Blood Culture Tests Market By Technology (Culture-Based Technology, Proteomic Technology, and Molecular Technology), By Products & Services (Instruments, Consumables, and Software & Services), By Application (Mycobacteria, Fungemia, and Bacteremia), By End-User (Reference Laboratories, Hospital Laboratories, Academic Research Laboratories, and Other Laboratories), and By Method (Automated Blood Culture and Manual/Conventional Blood Culture): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 and 2025” Report at https://www.zionmarketresearch.com/report/blood-culture-tests-market

The European blood culture tests market is anticipated to show significant growth in the future, owing to the highly developed healthcare infrastructure and the pharmaceutical industry in the region. The presence of appropriate laboratory facilities in UK, France, and Germany, is driving this regional market. The increasing number of blood transfusion procedures and mounting awareness about blood donation and complex surgeries, such as heart surgery, organ transplant, and chemotherapy, requiring a huge amount of blood is estimated to impact the blood culture tests market lucratively. Moreover, the rising occurrences of contagious diseases and growing awareness regarding safe blood transfusion are anticipated to further fuel the region’s blood culture tests market in the upcoming years.

The Middle East and Africa is estimated to register moderate growth in the global blood culture test market over the forecast time period, due to increasing investments made by market players in the region, rising spending on the diagnosis of diseases and health issues.

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Latin America is projected to show reasonable growth in the global blood culture tests market, owing to the increasing disposable income, rising cases of chronic infections, and growing awareness regarding infectious diseases. In addition, the high quantity test investigation and new product developments are anticipated to further propel the region’s blood culture tests market in the future.

Some key players of the global blood culture tests market are Becton, Dickinson and Company, bioMérieux SA, Cepheid, Inc., Roche Diagnostics, Bruker Corporation, T2 Biosystems, Thermo Fisher Scientific, Inc., Nanosphere, Inc., Beckman Coulter, and Iridica.

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This report segments the global blood culture tests market into:

Global Blood Culture Tests Market: Technology Analysis

  • Culture-Based Technology
  • Proteomic Technology
  • Molecular Technology

Global Blood Culture Tests Market: Products & Services Analysis

  • Instruments
  • Consumables
  • Software and Services

Global Blood Culture Tests Market: Application Analysis

  • Mycobacteria
  • Fungemia
  • Bacteremia 

Global Blood Culture Tests Market: End-User Analysis

  • Reference Laboratories
  • Hospital Laboratories
  • Academic Research Laboratories 
  • Other Laboratories

Global Blood Culture Tests Market: Method Analysis

  • Automated Blood Culture 
  • Manual/Conventional Blood Culture

Global Blood Culture Tests Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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