Global Blood Culture Test Market - Industry Trends and Forecast to 2026 | Leading Key Players-bioM�rieux SA, Thermo Fisher Scientific Inc., BD, Akonni Biosystems, Inc., FASTinov, CorisBioconcept SPRL, Q-linea., DNA Electronics, T2 Biosystems, Inc., Aptum

Global Blood Culture Test Market By Method (Conventional/Manual Methods, Automated Methods), By Product (Consumables, Instruments, Software and Services), By Technology (Culture-Based Technology, Molecular Technologies, Proteomics Technology), By Application (Bacteremia, Fungemia, Mycobacterial Detection), By End User (Hospital Laboratories, Reference Laboratories, Academic Research Laboratories, Other Laboratories), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Blood Culture Test Market

Global blood culture test market is registering a substantial CAGR of 8.88% in the forecast period of 2019-2026. This rise in the market can be attributed to increasing amount of sepsis cases and high cost of treatment.

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Market Definition: Global Blood Culture Test Market

Blood culture is a test to check for external objects, such as yeast, bacteria and other microorganisms in the blood. Having such pathogens in the bloodstream may be an indication of a blood infection, a disease recognized as bacteria. A favorable blood culture implies you have bacteria in your blood. This sort of infection includes the blood that circulates throughout your flesh. Bacteria that begin on your skin or in your urine, lungs, or gastrointestinal tract are prevalent causes of blood infection.

Market Drivers
o Increasing amount of sepsis cases and high cost of treatment is contributing to the growth of the market
o Rising geriatric population is boosting the growth of the market
o Increasing number product launches and regulatory approvals is propelling the growth of the market
o Growing number of incidences of bloodstream infections is driving the growth of the market

Market Restraints
o High cost of automatic tools is hindering the growth of the market
o Absence of trained laboratory specialists is restricting the growth of the market
o Strict regulatory framework is hampering the growth of the market

Key Developments in the Market:
o In July 2019, ICubate Syndromic Test Developer has been granted FDA approval for its iC-GN Assay, multiplexed, a qualitative, in vivo diagnostic test intended to detect and recognize possibly pathogenic gram-negative bacteria connected with bloodstream infection (BSI) and subsequent sepsis. The iC-GPC test, together with the iCubate scheme, is a precise and safe instrument for the identification of the five most prevalent Gram-positive bacteria and their strength indices accountable for bloodstream infections.
o In November 2017, ITL Health Group is excited to announce the release of the recent blood culture screening item from ITL Biomedical, Transfer Cap Set. The Transfer Cap Set is an item used to securely and effectively transfer favorable crop samples from a bacterial vial to a vacuum tube. The item is intended for use in hospital laboratories that automate test samples from favorable bacterial identification containers.

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Competitive Analysis:

Global Blood culture test market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of epigenetics diagnostic market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the Global blood culture test market are bioM�rieux SA, Thermo Fisher Scientific Inc., BD, Akonni Biosystems, Inc., FASTinov, CorisBioconcept SPRL, Q-linea., DNA Electronics, T2 Biosystems, Inc., Aptum Biologics Ltd, Biomatrica, Bio SB, Estigen, Devyser., Leica Biosystems Nussloch GmbH, Mikroscan Technologies, Inc., CytoTest Inc., BioFire Diagnostics, ZeptoMetrix Corporation, ZenTech S.A. and others.

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