Global Blood Culture Tests Market Size, Share, and COVID-19 Impact Analysis, By Method (Conventional/Manual Methods, and Automated Methods), By Product (Consumables, Instruments, and Software & Services), By Technology (Culture-Based Technology, Molecular Technologies, and Prote), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Healthcare

RELEASE DATE May 2024
REPORT ID SI4324
PAGES 200
REPORT FORMAT PathSoft

Global Blood Culture Tests Market Insights Forecasts to 2033

  • The Global Blood Culture Tests Market Size was Valued at USD 4.9 Billion in 2023
  • The Market Size is Growing at a CAGR of 8.32% from 2023 to 2033
  • The Worldwide Blood Culture Tests Market Size is Expected to Reach USD 10.9 Billion By 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Global Blood Culture Tests Market

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The Global Blood Culture Tests Market Size is Anticipated to Exceed USD 10.9 Billion by 2033, Growing at a CAGR of 8.32% from 2023 to 2033.

 

Market Overview

The blood culture test is the checking of blood samples for the presence of disease-causing germs like bacteria and fungi in order to diagnose infections. It identifies and tests the specific germ causing an infection to determine an effective treatment regime. The blood samples are placed in bottles with a substance that promotes the growth of bacteria or yeast, called a culture. The test is often done with at least two blood samples, drawn through a needle from different veins. A positive result means bacteria or yeast are present in the blood and a negative result means that no signs of any bacteria or yeast were found in the blood. Blood culture instruments are used to isolate, differentiate, and detect pathogens in blood samples. These instruments may be used to analyze anaerobic and aerobic cultures, micro-aerophilic organisms and may include one-bottle culture systems. Rapid identification of bloodstream pathogens with or without antibiotic resistance genes using advanced technology enables the targeting of therapy to specific pathogens and improves the accuracy of antibiotic therapy. Several rapid pathogen identification methods, such as PNA-FISH, MALDI-TOF, PCR, and multiplex microarrays, are being applied to positive blood cultures. These rapid microbial test methods are revolutionizing clinical microbiology. Further, the development of many first-generation molecular assays for the microbiological diagnosis of sepsis, in support of the use of blood cultures, already opens up a new era in the microbiological laboratory.

 

Report Coverage

This research report categorizes the market for the global blood culture tests market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global blood culture tests market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global blood culture tests market.

 

Global Blood Culture Tests Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023 :USD 4.9 Billion
Forecast Period:2023 – 2033
Forecast Period CAGR 2023 – 2033 :8.32%
023 – 2033 Value Projection:USD 10.9 Billion
Historical Data for:2019 - 2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Method, By Product, By Technology, By Region
Companies covered:: Luminex Corporation, Danaher Corporation, Bruker Corporation, Terumo Corporation, T2 Biosystems Inc., Abbott Laboratories, Siemens Healthineers AG, Thermo Fisher Scientific Inc., Hardy Diagnostics, Meditech technologies, Inc., Carl Zeiss AG, Roche Diagnostics, Autobio Diagnostics Co. Ltd., Mikroscan Technologies, Inc., and others key vendors
Pitfalls & Challenges:Covid-19 Impact, Challenge, Future,Growth and Analysis

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Driving Factors

The growing prevalence of blood infections leads to increasing demand for effective diagnosis of bloodstream pathogens which leads to enhanced market demand. The rising geriatric population is also responsible for driving the market growth as this age group is more prone to cause infections, necessitating frequent blood culture tests for managing associated potential health risks of the patient. In addition, the rising prevalence of sepsis and its awareness propels the market demand for blood culture tests. The growing number of surgical procedures is also enhancing the demand for blood culture tests particularly for managing post-operative infections. Further, the ongoing technological advancement such as automated systems and improved detection methods with enhanced accuracy and efficiency is expected to drive the market growth. The adoption of molecular diagnostics for specific and sensitive results is further propelling market growth. The strategic collaborations and partnerships, and government initiatives for infection control are the other factors contributing to driving the global blood culture tests market.

 

Restraining Factors

The lack of trained technicians and skilled personnel with lack of specialized training restricts the use and adoption of advanced technologies that restrain market growth. Further, the high cost of instruments used in the analysis of microbial infection in the bloodstream is also restraining the global blood culture tests market.

 

Market Segmentation

 

The global blood culture tests market share is classified into method, product, and technology.

  • The conventional/manual blood culture segment dominates the market with the largest revenue share of the global blood culture tests market.

Based on the method, the global blood culture tests market is categorized into conventional/manual and automated methods. Among these, the conventional/manual blood culture segment dominates the market with the largest revenue share of the global blood culture tests market. The conventional/manual method of blood culture tests is more cost-effective as these do not require the use of expensive instruments. Further, its affordability and ease of use raise an inclination towards the use of conventional/manual blood culture segments.

 

  • The consumables segment accounted for the highest market share in 2023.

Based on the product, the global blood culture tests market is categorized into consumables, instruments, and software & services. Among these, the consumables segment accounted for the highest market share in 2023. There is a high demand for blood culture media, assay, kits, and reagents for performing blood culture tests. These consumable products are frequently required, and the rising number of blood culture tests due to various factors leads to an enhanced market in the consumable segment.

 

  • The culture-based technology segment dominates the market with the largest market share through the forecast period.

Based on the technology, the global blood culture tests market is categorized into culture-based technology, molecular technologies, and prote. Among these, the culture-based technology segment dominates the market with the largest market share through the forecast period. The rising prevalence of sepsis and other bloodstream associated pathogenic diseases increases the demand for diagnosis of microbial infection from the blood samples.

 

Regional Segment Analysis of the Global Blood Culture Tests Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global Blood Culture Tests market over the predicted timeframe.

 

Global Blood Culture Tests Market

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North America is projected to hold the largest share of the global blood culture tests market over the forecast period. The presence of significant market players providing blood culture test instruments and products is responsible for enhancing market growth. Further, the rising cases of bloodstream infectious diseases with the growing geriatric population in the region are driving the market demand for blood culture tests. In addition, the growing technological advancement of instruments used for blood culture tests is further driving the blood culture test market.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global blood culture tests market during the forecast period. The rising cases of sepsis and other infectious diseases lead to rising demand for diagnostic techniques for blood culture tests. The growing geriatric population in the region is also responsible for driving the market demand as these age groups are more prone to cause infectious diseases. Further, the growing investments in R&D for the development of advanced products by healthcare providers are expected to drive the market in the region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global blood culture tests market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Luminex Corporation
  • Danaher Corporation
  • Bruker Corporation
  • Terumo Corporation
  • T2 Biosystems Inc.
  • Abbott Laboratories
  • Siemens Healthineers AG
  • Thermo Fisher Scientific Inc.
  • Hardy Diagnostics
  • Meditech technologies, Inc.
  • Carl Zeiss AG
  • Roche Diagnostics
  • Autobio Diagnostics Co. Ltd.
  • Mikroscan Technologies, Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In June 2023, T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced that it has submitted an application with the U.S. Food and Drug Administration (FDA) for Breakthrough Device Designation for the Company’s Candida auris test.

 

  • In April 2023, Bruker introduced new Mycobacteria and Fungi IVD solutions for MALDI Biotyper, and a Novel LiquidArray gastrointestinal syndromic panel.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global blood culture tests market based on the below-mentioned segments: 

 

Global Blood Culture Tests Market, By Method

  • Conventional/Manual Methods
  • Automated Methods

 

Global Blood Culture Tests Market, By Product

  • Consumables
  • Instruments
  • Software & Services

 

Global Blood Culture Tests Market, By Technology

  • Culture-Based Technology
  • Molecular Technologies
  • Prote

 

Global Blood Culture Tests Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global Blood Culture Tests market over the forecast period?
    The global Blood Culture Tests market is projected to expand at a CAGR of 8.32% during the forecast period.
  • 2. What is the projected market size & growth rate of the global Blood Culture Tests market?
    The global Blood Culture Tests market was valued at USD 4.9 Billion in 2023 and is projected to reach USD 10.9 Billion by 2033, growing at a CAGR of 8.32% from 2023 to 2033.
  • 3. Which region is expected to hold the highest share in the global Blood Culture Tests market?
    The North America region is expected to hold the highest share of the global blood culture tests market.
  • 1. What is the CAGR of the global Blood Culture Tests market over the forecast period?
    The global Blood Culture Tests market is projected to expand at a CAGR of 8.32% during the forecast period.
  • 2. What is the projected market size & growth rate of the global Blood Culture Tests market?
    The global Blood Culture Tests market was valued at USD 4.9 Billion in 2023 and is projected to reach USD 10.9 Billion by 2033, growing at a CAGR of 8.32% from 2023 to 2033.
  • 3. Which region is expected to hold the highest share in the global Blood Culture Tests market?
    The North America region is expected to hold the highest share of the global blood culture tests market.

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