Blood Culture Tests Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.13 Billion |
| Market Size (2029) | USD 4.63 Billion |
| CAGR (2024 - 2029) | 8.23 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Blood Culture Tests Market Analysis
The Blood Culture Tests Market size is estimated at USD 3.13 billion in 2024, and is expected to reach USD 4.63 billion by 2029, growing at a CAGR of 8.23% during the forecast period (2024-2029).
The blood testing market was significantly impacted by the number of COVID-19 cases that increased worldwide. According to the study article published in May 2022 in Scientific Reports, a machine learning model was constructed for COVID-19 diagnosis based and cross-validated on the routine blood test of 5,333 patients with various bacterial and 160 patients having COVID-19 infections. Blood cultures are used to detect the presence of bacteria or fungi in the blood, to identify the type present, and to guide treatment. Testing is used to identify a blood infection (septicemia) that can lead to sepsis, a severe and life-threatening complication. Individuals with a suspected blood infection are often treated in intensive care units, so testing is usually done in a hospital setting.
The blood is the most important factor in the body's circulation system, along with the plasma and serum, which are widely studied for the detection of biomarkers, especially for cancer detection and early diagnosis. The growing burden of several chronic diseases has increased the demand for early and effective diagnosis, as delay in diagnosis may lead to complications and can be fatal. Therefore, these diseases are creating a burden on the healthcare system. Hence, regular monitoring and diagnosing of these diseases are recommended, which is expected to fuel the market growth during the study period. According to Globocan 2020, the new cancer cases that were diagnosed accounted for 1.92 million in 2020 globally, with 9.95 million deaths. Among all cancers, breast cancer accounted for 2.26 million new cases, followed by lung (2.20 million), prostate (1.41 million), and colon, with 1.14 million new cases in 2020.
The study article published by WHO in January 2022 stated that an estimated 100-400 million dengue infections occur each year globally. Early detection of disease progression associated with severe dengue and access to proper medical care lowers fatality rates of severe dengue to below 1%. Therefore, a decrease in mortality rate due to early diagnosis of the disease boosts the demand for timely diagnosis, thus driving the market. The increasing diversity of diseases and the growing focus on the development of better treatment options for chronic and infectious diseases drives the blood testing market globally.
Blood Culture Tests Market Trends
This section covers the major market trends shaping the Blood Culture Tests Market according to our research experts:
Automated Blood Culture Tests are Expected to Grow at a High Pace
With the need for rapid diagnosis of infections and other diseases, the automated blood culture tests segment is expected to grow at significant rates. In addition, a high adaptation of automated equipment and accuracy in the results eliminate the manual errors in the results of automated blood culture tests gaining traction in the market.
According to the World Health Organization, in 2021, an estimated 12 million people were affected by tuberculosis worldwide. Tuberculosis is one of the leading causes of death around the world. The increasing prevalence of bacterial infections, especially in underdeveloped and developing countries, is expected to boost the growth of the bacterial culture testing segment. The advent of novel diagnostic technologies in culture-based tests, reduction of diagnosis time, and early prevention of disease spreading are expected to boost the growth of the market.
The advantages associated with automated blood culture drive the growth of the market. For instance, as per the National Library article published in September 2021, automated blood culture systems are intended to make the processing of blood cultures more efficient. This is accomplished by eliminating the need for blind or terminal subcultures of bottles, reducing the number of times bottles must be handled during processing, standardizing and speeding detection of microbial growth, and maximizing blood culture sensitivity and specificity. Thus, the abovementioned factors are propelling the growth of the market.
North America is Expected to Hold Significant Share
The North American region is expected to have significant market growth over the forecast period, which is mainly attributed to well-established healthcare infrastructure and better access to diagnostics. Technological advancements, awareness regarding early diagnosis, and the treatment of infectious diseases are expected to boost market growth over the forecast period.
The rising burden of chronic diseases in the United States, such as diabetes, thyroid, and other diseases requiring blood tests, will boost the market studied. For instance, as per the National Diabetes Statistics Report, 2020, approximately 34.2 million people, or 10.5% of the US population, had diabetes. Type 1 diabetes accounted for about 5.2% of all diagnosed cases of diabetes, affecting approximately 1.6 million people in the United States.
Furthermore, the launch of technologically advanced blood tests in the country will also positively contribute to market growth. For instance, in January 2022, Eurofins subsidiary empowered launched PFAS Exposure in the United States, the direct-to-consumer at-home test to determine levels of Per- and Polyfluorinated Alkyl Substances (PFAS) in a person's blood and measure 47 of the PFAS forever chemical compounds. Also, in August 2021, Smart Meter launched the glucose monitor for managing gestational diabetes. It provides an easy and reliable way to test, monitor, and manage blood glucose levels, ensuring that all care providers have immediate access to testing results. Thus, the abovementioned factors are propelling the growth of the market.
Blood Culture Tests Industry Overview
The blood culture test market is moderately competitive with many market players. Market players focus on new product launches, innovations, and geographic expansions. Key market players operating in the market include Becton, Dickinson and Company, Terumo Corporation, bioMerieux, Bruker Corporation, T2 Biosystems Inc., Abbott Laboratories, Luminex Corporation, Siemens Healthineers AG, F. Hoffmann-La Roche AG, and Danaher Corporation.
Blood Culture Tests Market Leaders
Becton, Dickinson and Company
Terumo Corporation
bioMérieux
Bruker Corporation
F. Hoffmann-La Roche AG
*Disclaimer: Major Players sorted in no particular order
Blood Culture Tests Market News
- October 2022: the NRH Medical Lab received a state-of-the-art blood culture machine worth USD 43,740 from the Australia High Commission.
- May 2021: F. Hoffmann-La Roche Ltd acquired GenMark Diagnostics to expand its molecular diagnostics portfolio with GenMark's expertise in syndromic testing. GenMark's ePlex systems enhance Roche's work in managing infectious diseases and antibiotic resistance. The ePlex platform is designed to detect multiple pathogens from a single rapid test and a patient sample, allowing clinicians to determine the cause of infection and prescribe treatment within hours.
Blood Culture Tests Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 High Incidence of Blood Infections and Ageing Population
4.2.2 Growing Demand for Rapid Diagnostics Coupled with Product Innovations
4.3 Market Restraints
4.3.1 Lack of Appropriate Reimbursement Policies
4.3.2 High Cost of Advanced Blood Culture Techniques and Lack of Skilled Professionals
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Product
5.1.1 Instruments
5.1.2 Consumables
5.1.3 Other Products
5.2 By Type
5.2.1 Manual Blood Culture Testing
5.2.2 Automated Blood Culture Testing
5.3 By Technology
5.3.1 Culture-Based
5.3.2 Proteomic Technologies
5.3.3 Molecular Technology
5.4 By Culture Type
5.4.1 Bacterial
5.4.2 Fungal
5.4.3 Micro Bacterial
5.5 By End User
5.5.1 Hospital Laboratories
5.5.2 Diagnostic Laboratories
5.5.3 Other End Users
5.6 By Geography
5.6.1 North America
5.6.1.1 United States
5.6.1.2 Canada
5.6.1.3 Mexico
5.6.2 Europe
5.6.2.1 Germany
5.6.2.2 United Kingdom
5.6.2.3 France
5.6.2.4 Italy
5.6.2.5 Spain
5.6.2.6 Rest of Europe
5.6.3 Asia-Pacific
5.6.3.1 China
5.6.3.2 Japan
5.6.3.3 India
5.6.3.4 Australia
5.6.3.5 South Korea
5.6.3.6 Rest of Asia-Pacific
5.6.4 Middle East and Africa
5.6.4.1 GCC
5.6.4.2 South Africa
5.6.4.3 Rest of Middle East and Africa
5.6.5 South America
5.6.5.1 Brazil
5.6.5.2 Argentina
5.6.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Becton, Dickinson and Company
6.1.2 Terumo Corporation
6.1.3 bioMerieux
6.1.4 Bruker Corporation
6.1.5 T2 Biosystems Inc.
6.1.6 Abbott Laboratories
6.1.7 Luminex Corporation
6.1.8 Siemens Healthineers AG
6.1.9 F. Hoffmann-La Roche AG
6.1.10 Danaher Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Blood Culture Tests Industry Segmentation
Blood culture tests are used to identify microorganisms in the blood. It is used to detect the presence of infection and identify the causative organisms to guide further treatment. The microorganisms may include bacteria, fungi, and viruses, among others. Various devices, instruments, and products are used in blood culture testing.
The blood culture tests market is segmented by Product (Instruments, Consumables, and Other Products), Type (Manual Blood Culture Test, and Automated Blood Culture Test), Technology (Culture-Based, Proteomic Technologies, and Molecular Technology), Culture Type (Bacterial, Fungal, and Mycobacteria), End User (Hospital Laboratories, Diagnostic Laboratories, and Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value in USD million for the above segments.
| By Product | |
| Instruments | |
| Consumables | |
| Other Products |
| By Type | |
| Manual Blood Culture Testing | |
| Automated Blood Culture Testing |
| By Technology | |
| Culture-Based | |
| Proteomic Technologies | |
| Molecular Technology |
| By Culture Type | |
| Bacterial | |
| Fungal | |
| Micro Bacterial |
| By End User | |
| Hospital Laboratories | |
| Diagnostic Laboratories | |
| Other End Users |
| By Geography | ||||||||
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Blood Culture Tests Market Research FAQs
How big is the Blood Culture Tests Market?
The Blood Culture Tests Market size is expected to reach USD 3.13 billion in 2024 and grow at a CAGR of 8.23% to reach USD 4.63 billion by 2029.
What is the current Blood Culture Tests Market size?
In 2024, the Blood Culture Tests Market size is expected to reach USD 3.13 billion.
Who are the key players in Blood Culture Tests Market?
Becton, Dickinson and Company, Terumo Corporation, bioMérieux, Bruker Corporation and F. Hoffmann-La Roche AG are the major companies operating in the Blood Culture Tests Market.
Which is the fastest growing region in Blood Culture Tests Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Blood Culture Tests Market?
In 2024, the North America accounts for the largest market share in Blood Culture Tests Market.
What years does this Blood Culture Tests Market cover, and what was the market size in 2023?
In 2023, the Blood Culture Tests Market size was estimated at USD 2.89 billion. The report covers the Blood Culture Tests Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Blood Culture Tests Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Blood Culture Tests Industry Report
Statistics for the 2024 Blood Culture Tests market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Blood Culture Tests analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
