Blood Culture Test Market Expected to Reach $8.186 Billion by 2027 - PowerPoint PPT Presentation

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Blood Culture Test Market Expected to Reach $8.186 Billion by 2027

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Title: Blood Culture Test Market Expected to Reach $8.186 Billion by 2027


1
Opportunity Analysis and Industry Forecast,
2016-2023
Blood Culture Test Market
No. of Pages- 259
Global Opportunity Analysis and Industry
Forecast, 2020-2027
Download Report Sample
2
Blood culture test market was valued at
3.900 billion in 2019, and is projected to reach
8.186 billion by 2027, registering a CAGR of
9.3 from 2020 to 2027. The blood culture test
is a procedure used to detect the presence of
microorganism such as fungi or bacteria in the
blood. It diagnosis the causative agent
responsible for bloodstream infection and
provides a better therapeutic approach. The blood
culture test is often done in conjunction with
other diagnostic tests such as chemical analysis
and complete blood count. The blood culture test
helps to determine the infection and provides
appropriate treatment required for a
patient. Download Report Sample _at_
https//www.alliedmarketresearch.com/request-sampl
e/11479
Blood Culture Test Market
3
Increase in the geriatric population rise in
prevalence of infectious disease, bloodstream
infection, and sepsis surge in demand for
diagnostic tests, and increase in investment in
RD activities by various healthcare companies
are the major factors that boost the growth of
the global blood culture test market. In
addition, implementation of stringent regulations
from the government for development and
manufacturing of blood culture tests product
propels the market growth. Rise in awareness
about the healthcare for preventing infectious
diseases further supports the blood culture test
market growth. Repeated demand for blood
culture from patients suffering from COVID-19 to
determine the prevalence of bacterial has a
positive impact on the blood culture test 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. Inquire before buying _at_
https//www.alliedmarketresearch.com/purchase-enqu
iry/11479
Blood Culture Test Market
4
As per the data published by the United Nations
Children Fund (UNICEF) in 2021, around 1,400
cases of pneumonia per 100,000 children were
diagnosed, every year and one child die due to
pneumococcal infection (bacteremia and pneumonia)
for every 39 seconds. With the help of blood
culture tests, these diseases can easily be
diagnosed, controlled, and prevented from
becoming severe in nature. The diagnostic devices
for blood culture test are recently emerging
technologies that are gaining acceptance and are
being adopted by various healthcare
professionals. Furthermore, the use of polymers
chain reaction (PCR), microarray, and peptide
nucleic acid-fluorescent in situ hybridization
(PNA-FISH) are increasing due to their higher
accuracy, high specificity in tests, and lower
lead time. Thus, the rise in prevalence of
bacterial infection and advancements in
diagnostic techniques in blood culture test
support the market growth. The global blood
culture test market is segmented into product,
method, application and region. On the basis of
product, the market is divided into consumables,
instruments, and software services. The
consumable segment dominated the market in 2019,
as the demand for use of consumables is rising,
owing to increase in application of blood culture
media as well as assay, kits, and reagent.
Blood Culture Test Market
5
  • The Major Key Players Are
  • The key players operating in the global blood
    culture test market include Autobio Diagnostics
    Co., Ltd, Becton, Dickinson and company (BD),
    bioMerieux SA, Bruker Corporation, F. Hoffmann-La
    Roche Ltd, Luminex Corporation, Neogen
    Corporation (Abtek Biologicals), OpGen Inc., T2
    Biosystems, Inc. and Thermo Fisher Scientific
    Inc.

Blood Culture Test Market
6
  • Key Findings of the Study
  • On the basis of product, the consumables segment
    was the highest contributor to the blood culture
    test market in 2019.
  • By method, the conventional segment dominated the
    blood culture test market in 2019.
  • As per application, the bacterial segment
    exhibited the highest growth in 2019.
  • Region wise, North America garnered largest
    revenue share in 2019, whereas Asia-Pacific is
    anticipated to grow at the highest CAGR during
    the review period.

Blood Culture Test Market
7
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Drive 205, Portland, OR 97220 United States Toll
Free (USA/Canada) 1-800-792-5285,
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alliedmarketresearch.com Web https//www.alliedma
rketresearch.com
Blood Culture Test Market
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