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Blood Culture Tests Market Overview
The total global market for the “ Blood Culture Tests Market ” (SOFC) is expected to grow at a CAGR of 31.7% during the forecast period and is expected to reach US$ 13.84 Bn by 2029.
Blood Culture Tests Market Report Scope and Research Methodology
The report covers market size with estimations and growth rates. To understand market penetration, competitive structure, pricing, and demand analysis, regional market analysis is carried out at the local, regional, and global levels. The bottom-up approach was used for Blood Culture Tests market estimation. Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires, and telephonic interviews with market experts, market leaders, and business owners. Secondary data was taken from annual reports, financial reports, government organizations’ sites, and white papers. Research tools like SWOT, PESTLE, and Porter were used for the Blood Culture Tests Market analysis for the Micro and macro factors affecting the Blood Culture Tests Market presented. Thus the report act as a guide for investors, stakeholders, and market followers of the market.
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Blood Culture Tests Market Dynamics:
Bloodstream infections acquired in hospitals, or nosocomial infections, are among the major causes of death worldwide. Each year, there are over 255,000 hospital-acquired BSI cases in the US alone. About 33 million individuals worldwide are affected by bloodstream infections each year, which result in 6.1 million fatalities, 3 million infants, and 1.2 million kids developing sepsis. Bloodstream infections are known to affect anywhere between 11% and 28% of patients in Eastern African nations. Bloodstream infection rates in Ghana are thought to be between 9.3% and 11.2%. (Source: Journal of Tropical Medicine, 2019). The frequency of these illnesses lengthens hospital stays overall and raises treatment costs. The demand for sophisticated blood culture techniques that aid in the early diagnosis of infections is expected to increase due to the growing frequency of BSIs.
Blood Culture Tests Market Regional Insights
The Asia-Pacific region Blood Culture Tests market exhibits rapid growth potential, fueled by a burgeoning population, urbanization, and increasing adoption of modern technologies. Meanwhile, Latin America and Africa present emerging Blood Culture Tests markets, marked by untapped opportunities, evolving consumer preferences, and a gradual shift towards digital transformation. In the Blood Culture Tests market's regional landscape, North America emerges as a dominant force. The region's technological prowess, robust infrastructure, and high disposable income drive its market dominance. Europe follows closely, characterized by a mature market with a strong emphasis on sustainability and innovation.
Blood Culture Tests Market Segmentation
by Product
1.Consumables
1.2 Bacterial Infections
2.2 Fungal Infections
3.3 Mycobacterial Infections
4.4 Assay, Kits, and Reagents
5.5 Blood Culture Accessories
6.6 Blood Culture Media
1.2.3Aerobic
1.2.3 Anaerobic
2.2.3Fungi/Yeast
3.4.5 Others
2.Instrumentso Bacterial Infections
2.1 Fungal Infections
2.2Mycobacterial Infections
3.3Automated Blood Culture Systems
4.4Laboratory Equipment
1.2.3 Incubators
2.3.4 Colony counters
3.4.5 Microscopes
5.6.7 Gram stainers
3.Software & Services
3.1 Bacterial Infections
3.2 Fungal Infections
3.3 Mycobacterial Infections
by Technique
1.Conventional
2. Automated
by Technology
1.Culture-based Technology
2. Proteomic technology
3.Molecular Technology
1.2 PCR
2.2 Microarray
3.3 PNA-FISH
by Application
1. Bacterial Infections
2. Fungal Infections
3. Mycobacterial Infections
by End-Use
1.Hospital Laboratories
2.Reference Laboratories
3.Others
Blood Culture Tests Market Key Players
1. Becton
2. Dickinson and Company
3. Thermo Fisher Scientific
4. bioMérieux SA
5. Luminex Corporation
6. Danaher Corporation
7. Bruker Corporation
8. IRIDICA
9. Roche Diagnostics
10.T2 Biosystems
11.Anaerobe Systems
12.OpGen
13.Meditech Technologies India Private Limited
14.Carl Zeiss AG
15.Nikon Corporation
16.BINDER GmbH
17.Biobase Biotech
18.Scenker Biological Technology Co.
19.Bulldog Bio
20.Axiom Laboratories
21.HiMedia Laboratories
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