With the slowdown in world economic growth, the Blood Culture Test Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Blood Culture Test market size to maintain the average annual growth rate of 15 from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Blood Culture Test market size will be further expanded, we expect that by 2023, The market size of the Blood Culture Test will reach XXX million $.
Blood Culture Test Market Overview
A blood culture test is done to check the presence of foreign invaders such as yeast, bacteria, and other microorganisms in the blood. A positive blood culture refers to the presence of bacteria in an individual’s blood. The blood culture test is typically done for symptoms chills, fever, nausea, confusion, fatigue, rapid heart rate, passing urine often less, and more. The global blood culture test market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global blood culture test market is expected to witness significant growth during the forecast period, owing to the increasing geriatric population worldwide.
Blood Culture Test Market Driver
High prevalence of infectious diseases such as influenza, tuberculosis, common cold, and hepatitis A & B coupled with a high incidence of bloodstream infections are expected to drive the growth of the global blood culture test market during the forecast period. According to the World Health Organization (WHO), annual influenza epidemics result in around 3-5 million cases of severe illness and around 250,000-500,000 deaths worldwide. According to the same source, in 2018, around 10 million across the globe fell ill with tuberculosis. Hence, the high prevalence of infectious diseases is expected to boost market growth in the near future. Furthermore, the growing geriatric population across the globe, which is highly vulnerable infectious diseases due to weak immune systems is expected to propel the global blood culture test market growth over the forecast period.
Blood Culture Test Market Restraint
Lack of skilled laboratory technicians to conduct blood culture test is expected to hinder the global blood culture test market growth over the forecast period.
Blood Culture Test Market - Regional Insight
Among regions, North America is expected to witness significant growth in the global blood culture test market during the forecast period. This is owing to the presence of large healthcare companies such as Thermo Fisher Scientific Inc. in the region. Furthermore, Asia Pacific is expected to exhibit lucrative growth rates over the forecast period, owing to the high prevalence of infectious diseases and developing healthcare infrastructure.
Blood Culture Test - Competitive Landscape
Key players operating in the global blood culture test market are Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Biomerieux, Alere, Roche, Cepheid, Abbott Laboratories Inc., Bruker, Beckman Coulter, and Siemens.
Key companies in the market are involved in product launches, in order to expand their product portfolio. For instance, in April 2019, Becton, Dickinson and Company, a U.S.-based medical technology company, introduced BD BACTEC platelet quality control media, with which microbiology laboratories, blood banks, and transfusion services can identify contaminated platelet units.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information,
Section 1: Definition
Section (2 3): Manufacturer Detail
╼ BD
╼ Biomerieux
╼ Roche
╼ Abbott
╼ Beckman Coulter
╼ Thermo Fisher
╼ Siemens
╼ Bruker
╼ Cepheid
╼ Alere
Section 4: Region Segmentation
╼ North America Country (United States, Canada)
╼ South America
╼ Asia Country (China, Japan, India, Korea)
╼ Europe Country (Germany, UK, France, Italy)
╼ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Type Segmentation
Product Type Segmentation ✑
╼ Instruments
╼ Consumables
Industry Segmentation ✑
╼ Hospital Laboratories
╼ Reference Laboratories
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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