Blood Culture Tests Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Blood Culture Tests Market is segmented by Product, Type (Manual Blood Culture Test, Automated Blood Culture Test), Technology, Culture Type, End-User and Geography

Blood Culture Tests Market Snapshot

Blood Culture Tests Market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 9 %

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Market Overview

Blood Culture tests play a vital role in the diagnosis of various infectious diseases. The growing prevalence of infectious diseases coupled with advancements in diagnostic technologies is expected to boost market growth. In addition, ageing population, need for rapid analysis and treatment are projected to fuel the blood culture tests market furthermore. According to the World Health Organization, every year around 17 million people around the world die due to infectious diseases. Moreover, an increase in R&D investments and awareness in early diagnosis among the population across the globe is projected to bolster the market growth in the near future. However, the lack of skilled professionals and high cost of novel technologies expected to hinder the market growth.

Scope of the Report

Blood culture tests are used to identify microorganisms in the blood. It is used to detect the presence of infection, identify the causative organisms to guide further treatment. The microorganisms may include bacteria, fungi, and virus among others. There are a variety of devices, instruments and products are used in blood culture testing.

By Product
Instruments
Consumables
Others
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 Centers
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Automated Blood Culture Tests Expected to Grow at Significant Rates

  • Owing to the need for rapid diagnosis of the infections and other diseases the automated blood culture tests segment expected to grow at significant rates. In addition, a high adaptation of automated equipment and accuracy in the results eliminating the manual errors in results automated blood culture tests gaining traction in the market.
  • According to the World Health Organization, in 2018, an estimated 10 million people were affected by tuberculosis worldwide. TB is one of the leading cause of deaths around the world. The increasing prevalence of bacterial infections especially in underdeveloped and developing countries is expected to boost the bacterial culture testing segment growth.
  • The advent of the novel diagnostic technologies in culture-based tests, reduction of diagnosis time and early prevention of disease spreading expected to boost the market growth.
Blood Culture Tests Market

North America Expected to Hold Significant Share

North America region is expected to have significant market growth over the forecast period which is majorly attributed to the presence of well-established healthcare infrastructure and better access to the diagnostics. In addition, growing awareness regarding early diagnosis and treatment of infectious diseases is expected to boost market growth over the forecast period. Moreover, technological advancements in the region are majorly driving market growth. The Asia-Pacific is expected to have notable growth rate over the forecast period owing to developing healthcare infrastructure and focus of the international companies to expand into emerging countries of Asia such as China and India.

Blood Culture Tests Market

Competitive Landscape

Blood culture tests market is moderately competitive having a notable number of market players. Market players are focusing on new product launches, innovations and geographic expansions. Key market players operating in the market include Becton, Dickinson and Company, Terumo Corporation, bioMérieux, Bruker Corporation and F. Hoffmann-La Roche AG among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 High Incidence of Blood Infections and Ageing Population

      2. 4.2.2 Growing Demand For Rapid Diagnostics Coupled With Product Innovations

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Appropriate Reimbursement Policies

      2. 4.3.2 High Cost of Advanced Blood Culture Techniques and Lack of Skilled Professionals

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Instruments

      2. 5.1.2 Consumables

      3. 5.1.3 Others

    2. 5.2 By Type

      1. 5.2.1 Manual Blood Culture Testing

      2. 5.2.2 Automated Blood Culture Testing

    3. 5.3 By Technology

      1. 5.3.1 Culture-Based

      2. 5.3.2 Proteomic Technologies

      3. 5.3.3 Molecular Technology

    4. 5.4 By Culture Type

      1. 5.4.1 Bacterial

      2. 5.4.2 Fungal

      3. 5.4.3 Micro Bacterial

    5. 5.5 By End-User

      1. 5.5.1 Hospital Laboratories

      2. 5.5.2 Diagnostic Centers

      3. 5.5.3 Others

    6. 5.6 Geography

      1. 5.6.1 North America

        1. 5.6.1.1 United States

        2. 5.6.1.2 Canada

        3. 5.6.1.3 Mexico

      2. 5.6.2 Europe

        1. 5.6.2.1 Germany

        2. 5.6.2.2 United Kingdom

        3. 5.6.2.3 France

        4. 5.6.2.4 Italy

        5. 5.6.2.5 Spain

        6. 5.6.2.6 Rest of Europe

      3. 5.6.3 Asia-Pacific

        1. 5.6.3.1 China

        2. 5.6.3.2 Japan

        3. 5.6.3.3 India

        4. 5.6.3.4 Australia

        5. 5.6.3.5 South Korea

        6. 5.6.3.6 Rest of Asia-Pacific

      4. 5.6.4 Middle-East and Africa

        1. 5.6.4.1 GCC

        2. 5.6.4.2 South Africa

        3. 5.6.4.3 Rest of Middle-East and Africa

      5. 5.6.5 South America

        1. 5.6.5.1 Brazil

        2. 5.6.5.2 Argentina

        3. 5.6.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Becton, Dickinson and Company

      2. 6.1.2 Terumo Corporation

      3. 6.1.3 bioMerieux

      4. 6.1.4 Bruker Corporation

      5. 6.1.5 T2 Biosystems, Inc.

      6. 6.1.6 Abbott Laboratories

      7. 6.1.7 Luminex Corporation

      8. 6.1.8 Siemens Healthineers AG

      9. 6.1.9 F. Hoffmann-La Roche AG

      10. 6.1.10 Danaher Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Blood Culture Tests Market market is studied from 2018 - 2026.

The Blood Culture Tests Market is growing at a CAGR of 9% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Becton, Dickinson and Company, Terumo Corporation, bioMérieux, Bruker Corporation, F. Hoffmann-La Roche AG are the major companies operating in Blood Culture Tests Market.

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