Blood Culture Tests Market Size, Share & Forecast | USD 10,009.0 million by 2030

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Market Research Report
EXCLUSIVE EDITION
Blood Culture Tests Market Report Opportunities,
and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
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Limited www.marketstatsville.com
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Blood Culture Tests Market
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Blood Culture Tests Market Share 2022 COVID-19
Impact and Regional Outlook 2030
Blood Culture Tests Market by Product
(Consumables, Instruments, and Software and
Services), by Method (Conventional and
Automated), by Application (Bacterial, Fungal,
and Others), by Region Global Share and
Forecast to 2030 Description According to the
Market Statsville Group (MSG), the global blood
culture tests market size was valued at USD
4,913.9 million in 2021 and is estimated to reach
USD 10,009.0 million by 2030, registering a CAGR
of 9.3 from 2022 to 2030. The growth of the
global blood culture tests market is majorly
driven by a rise in the geriatric population, an
alarming increase in the prevalence of infectious
diseases, sepsis, and bloodstream infection
(BSIs), and a surge in demand for diagnostic
techniques. For instance, as per the Centers for
Diseases Control and Prevention, about 250,000
bloodstream infection cases occur yearly, and
among them, 80,000 patients suffer from
catheter-related bloodstream infection.
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As per statistics provided by the UN Population
around 30 million people around the globe were
detected with bloodstream infections across the
globe. Bloodstream infection ranges from 11 to
28 in the Eastern African region. It has been
observed in a report of the WHO that 85 of the
deaths from sepsis occur in low- and
middle-income countries. Hence, an increase in
the prevalence of BSIs and a rise in the
geriatric population are expected to propel the
demand for blood culture tests, which, in turn,
augments the market growth. Moreover, blood
culture tests play an important role in the
global healthcare sector. Global Blood Culture
Tests Market Definition Blood culture is a test
that examines the presence of foreign bodies such
as yeast, bacteria, and other microorganisms in
the blood. Request Sample Copy of this Report
https//www.marketstatsville.com/request-sample/bl
ood-culture- tests-market Global Blood Culture
Tests Market Covid-19 Impact Blood culture tests
are the tools for managing and diagnosing
bloodstream infections. Upsurge in demand
for blood culture for patients suffering from
COVID-19 to determine the prevalence of
bacteremia is projected to positively impact the
market. As per the data published in the National
Library of Medicine, in 2020, the ordering
volume for blood culture tests increased by 34.8
in the second half of March 2020 as compared to
first half of March. Thus, this is expected to
support the market growth during the pandemic
period.
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Global Blood Culture Tests Market
Dynamics Drivers Increase in RD activities and
stringent regulationsfrom government toward the
diagnostic device A rise in investment in RD
activities by various healthcare sectors to
develop new products such as consumable,
instruments, and software is a key factor that
drives the growth of the global market.
Investment in the RD sector is a strategy of
venture for developing novel products and
supports the long-term growth of the
business. For instance, F. Hoffmann-La Roche Ltd.
invests across 9.27 billion in the field of RD
and approximately every year. Furthermore, the
implementation of stringent regulations from
government for the development and manufacturing
of advanced diagnostic products, including blood
culture test products, is expected to drive the
market's growth during the forecast
period. Restraints Lack of skilled professionals
laboratory technicians The dearth of skilled
professionals and laboratory technicians in some
countries is anticipated to restrain the market
growth during the forecast period. Laboratory
testing of blood culture is carried out by
skilled professionals, who play a major role in
detecting, diagnosing, and monitoring diseases.
Dearth of skilled professionals may result in a
decrease in test efficiency and an increase in
the turn-around for the tests. This is
anticipated to hamper the growth of the blood
culture tests market during the review period.
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• Global Blood Culture Tests Market Segmentation
• The study categorizes the blood culture tests
  market based on product, method, and application
  at the regional and global levels.
• Direct Purchase Report https//www.marketstatsvil
  le.com/buy-now/blood-culture-tests-market?opt2950
  
• By Product Outlook (Sales, USD Million,
  2017-2030)
• Consumables
• Instruments
• Software and Services
• By Method Outlook (Sales, USD Million, 2017-2030)
• Conventional
• Automated
• By Application Outlook (Sales, USD Million,
  2017-2030)
• Bacterial
• Fungal
• Others
• By Region Outlook (Sales, USD Million, 2017-2030)
• North America
• US
• Canada

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• Spain
• Poland
• Russia
• The Netherlands
• Norway
• Czech Republic
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Malaysia
• Thailand
• Singapore
• Australia New Zealand

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• Rest of Asia Pacific
• South America
• Brazil
• Argentina
• Colombia
• Rest of South America
• The Middle East Africa
• Saudi Arabia
• UAE
• South Africa
• Northern Africa
• Rest of MEA
• The consumable segment is projected to account
  for the largest market share, by
• product
• Access full Report Description, TOC, Table of
  Figure, Chart,
• etc https//www.marketstatsville.com/table-of-con
  tent/blood-culture- tests-market

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On the basis of product, the global blood culture
tests market is classified into consumables,
instruments, and software services. The
consumable segment held the highest market share
in 2021 and is expected to remain dominant
throughout the forecast period. Consumable is the
term used for the device, which is required for
sample collection, processing, handling, and
analysis for blood culture test. This includes
blood culture media, assay, kits, and reagents
for the diagnostic application. The consumable
segments spearheaded the market in 2021 and are
expected to continue this trend throughout the
forecast period (2022), due to the increase in
demand of products such as assay, kits, reagents,
blood culture media, and other blood culture
accessories laboratories for diagnosis to provide
appropriate treatment. Asia Pacific accounts for
the highest CAGR during the forecast
period Region-wise, the blood culture test market
is analyzed across North America, Asia-Pacific,
Europe, South America, and the Middle East
Africa. The market in Asia-Pacific is expected to
register the fastest CAGR in terms of revenue
during the forecast period due to increase in the
geriatric population, development in healthcare
infrastructure, accessibility of advanced
diagnostic products, rise in focus from the
government for the prevention of infectious
diseases, and surge in disposable income. Many
diagnostic companies target Asian countries such
as China and India to expand their business. The
Indian Government has taken several initiatives
for the development of the healthcare sector such
as Greenfield investment opportunity, flagship,
and 100 foreign direct investment (FDI) in the
pharma sector. Moreover, the government took the
Pradhan Mantri Jan Aushadhi Yojana and Ayushman
Bharat initiative to boost the RD sector in
India. Request For Report Description
https//www.marketstatsville.com/blood-culture-tes
ts-market
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