Dublin, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The "Blood Culture Tests Market by Method (Automated, Conventional), Product (Consumable, Media, Instruments), Technology (PCR, Microarray, Proteomic), Application (Bacteremia, Mycobacterial), End User (Hospital, Academic Research) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The blood culture tests market is projected to reach USD 6.1 billion by 2025 from USD 4.0 billion in 2020, at a CAGR of 8.9%.
Growth in the blood culture tests market can be attributed to increasing number of sepsis cases and high cost of treatment, rising geriatric population, high incidence of bloodstream infections, growth in the demand for rapid diagnostic techniques, and the high prevalence of infectious diseases. However, the high cost of automated instruments and a lack of skilled laboratory technicians are limiting the growth of this market during the forecast period to certain extent.
The consumables segment accounted for the largest market share in 2019.
Based on products, the blood culture tests market is segmented into consumables, instruments, and software and services. Consumables is the largest and fastest-growing segment in 2019. This large share and high growth can be attributed the recurring requirement of consumables as compared to instruments which is the key factor driving the growth of this segment.
The bacteremia applications segment will continue to dominate the blood culture tests market during the forecast period.
Based on application, the blood culture tests market is segmented into bacteremia, fungemia, and mycobacterial detection. Among these application segments, bacteremia accounted for the largest market share in 2019. Also, this segment is also expected to grow at the highest CAGR of during the forecast period. The large share and high growth of this segment is primarily attributed to the increasing number of bloodstream infections and the growing number of sepsis cases worldwide.
The blood culture tests market in the Asia Pacific region is expected to witness the highest growth rate during the forecast period.
Geographically, the blood culture tests market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific market is expected to grow at the highest CAGR during the forecast period, primarily due to the growing geriatric population in Japan and China and the healthcare reforms and government initiatives & investments in several APAC countries.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Blood Culture Tests Market Overview
4.2 North America: Blood Culture Tests Market, by Method & Country (2019)
4.3 Blood Culture Tests Market: Geographic Growth Opportunities
5 Market Overview
5.2 Market Dynamics
188.8.131.52 Growing Number of Sepsis Cases and High Cost of Treatment
184.108.40.206 Rising Geriatric Population
220.127.116.11 High Incidence of Bloodstream Infections
18.104.22.168 Growing Demand for Rapid Diagnostic Techniques
22.214.171.124 High Prevalence of Infectious Diseases
126.96.36.199 High Cost of Automated Instruments
188.8.131.52 Lack of Trained Laboratory Technicians
184.108.40.206 Emerging Economies
220.127.116.11 Identification of Antibiotic-Resistant Microorganisms
18.104.22.168 Market Cannibalization
22.214.171.124 Survival of New Entrants
126.96.36.199 Laboratory Automation for Increased Efficiency and Accurate Diagnosis
5.3 Value Chain Analysis
5.4 Ecosystem Analysis of the Blood Culture Products Market
5.5 COVID-19 Impact on the Blood Culture Tests Market
6 Blood Culture Tests Market, by Method
6.2 Conventional/Manual Blood Culture
6.2.1 Conventional/Manual Blood Culture Methods Account for the Larger Share of the Market
6.3 Automated Blood Culture
6.3.1 Automated Blood Culture Methods Segment to Register the Highest Growth in the Forecast Period
7 Blood Culture Tests Market, by Product
7.2.1 Blood Culture Media
188.8.131.52 Aerobic Blood Culture Media
184.108.40.206.1 Aerobic Blood Culture Media is the Fastest-Growing Segment of the Blood Culture Media Market
220.127.116.11 Pediatric Aerobic Blood Culture Media
18.104.22.168.1 this Type of Culture Media is Used to Recover Pathogens from the Bloodstream of Children
22.214.171.124 Anaerobic Blood Culture Media
126.96.36.199.1 Anaerobic Microorganisms Account for 1 - 17% of the Positive Blood Cultures
188.8.131.52 Mycobacterial Blood Culture Media
184.108.40.206.1 Rising Prevalence of Tuberculosis to Drive Market Growth
220.127.116.11 Fungi/Yeast Blood Culture Media
18.104.22.168.1 Fungi/Yeast Blood Culture Media is Used to Detect Fungemia
7.2.2 Assay Kits & Reagents
22.214.171.124 Reagents Are Key Components of Conventional Blood Culture Tests
7.2.3 Blood Culture Accessories
126.96.36.199 Growing Number of Blood Culture Tests to Support Market Growth
7.3.1 Automated Blood Culture Systems
188.8.131.52 Automated Blood Culture Systems is the Largest & Fastest-Growing Segment of the Instruments Market
7.3.2 Supporting Laboratory Equipment
184.108.40.206.1 Incubators Provide An Optimal Environment with Respect to Temperature, Humidity, and Oxygen Level for Microbial Growth
220.127.116.11 Colony Counters
18.104.22.168.1 Colony Counters Increase Direct Image Scanning and Analysis Capability
22.214.171.124.1 Favorable Funding Scenario for R&D in Microscopy to Drive Market Growth
126.96.36.199 Gram Stainers
188.8.131.52.1 Gram Staining Offers Relatively Quicker Results
7.4 Software & Services
7.4.1 Need for Automated Systems in Hospital-Based Laboratories to Drive Market Growth
8 Blood Culture Tests Market, by Technology
8.2 Culture-Based Technologies
8.2.1 Drawbacks Associated with Traditional Culture-Based Technologies to Restrain Market Growth
8.3 Molecular Technologies
184.108.40.206 Microarrays is the Largest & Fastest-Growing Segment of the Molecular Technologies Market
220.127.116.11 Pcr is Used with Genetic Markers to Analyze Pathogens Directly from Whole Blood Samples
18.104.22.168 PNA-Fish Tests Help Hospitals Reduce Time to Pathogen Identification
8.4.1 Maldi-Tof Ms is Associated with High Accuracy
9 Blood Culture Tests Market, by Application
9.2.1 Rising Prevalence of Sepsis to Drive the Growth of this Segment
9.3.1 Increasing Incidence of Bloodstream Infections is Supporting the Growth of this Segment
9.4 Mycobacterial Detection
9.4.1 Rising Number of Tb Cases - Key Factor Driving Market Growth
10 Blood Culture Tests Market, by End-user
10.2 Hospital Laboratories
10.2.1 Hospital Laboratories Are the Largest End-users of Blood Culture Tests
10.3 Reference Laboratories
10.3.1 Reference Laboratories Are the Fastest-Growing End-users of Blood Culture Tests
10.4 Academic Research Laboratories
10.4.1 Increasing Focus on the R&D of Innovative Tests for Bloodstream Infections to Drive the Market Growth
10.5 Other Laboratories
11 Blood Culture Tests Market, by Region
11.2 North America
11.5 Latin America
11.6 Middle East & Africa
12 Competitive Landscape
12.2 Competitive Situations & Trends
12.2.1 Partnerships, Agreements, and Collaborations (2017-2020)
12.2.2 Product Launches & Approvals (2017-2020)
12.2.3 Acquisitions (2017-2020)
13 Company Evaluation Matrix and Company Profiles
13.2 Company Evaluation Matrix Definition and Methodology
13.3 Market Share Analysis
13.4 Company Evaluation Matrix
13.4.2 Emerging Leaders
13.4.3 Pervasive Players
14 Company Profiles
14.1 Becton, Dickinson and Company
14.2 Biomerieux Sa
14.3 Thermo Fisher Scientific, Inc.
14.4 Danaher Corporation
14.5 Luminex Corporation
14.6 Bruker Corporation
14.7 Roche Diagnostics (A Division of F. Hoffmann-La Roche Ltd.)
14.8 Iridica (A Subsidiary of Abbott Laboratories)
14.9 T2 Biosystems, Inc.
14.10 Binder Gmbh
14.11 Biobase Biotech (Jinan) Co. Ltd.
14.12 Scenker Biological Technology Co. Ltd
14.13 Bulldog Bio, Inc.
14.14 Axiom Laboratories
14.15 Himedia Laboratories Pvt. Ltd.
14.16 Anaerobe Systems, Inc.
14.17 Opgen, Inc.
14.18 Meditech Technologies India Private Limited
14.19 Carl Zeiss Ag
14.20 Nikon Corporation
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details
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