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The Impact Of Infectious Diseases On Global Health And The Healthcare Industry: Key Factor Driving The Growth In The Blood Culture Tests Market
Blood Culture Tests
What Is the Expected Blood Culture Tests Market Size During the Forecast Period?
There has been a swift expansion in the market size of blood culture tests in the past few years. The market is projected to swell from $6.79 billion in 2024 to $7.57 billion in 2025 with a compounded annual growth rate (CAGR) of 11.4%. The surge during the historical phase can be traced back to the heightened prevalence of infectious diseases, the growing elderly population, improvements in healthcare infrastructure, and an increase in research and development.
The market size for blood culture tests is set to experience a swift expansion in the coming years. The value is forecasted to rise to $13.09 billion by 2029, with a compound annual growth rate (CAGR) of 14.7%. This projected growth during the forecast period can be credited to an increase in hospital-acquired infections, a surging demand for point-of-care (poc) testing, heightened healthcare expenditure, and regulatory approvals. The forecast period also sees promising trends such as telemedicine and remote testing, automation and AI, multiplex testing, sepsis administration, and surveillance of infectious diseases.
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What Are the High-Growth Segments in the Blood Culture Tests Market?
The blood culture tests market covered in this report is segmented -
1) By Method: Conventional/Manual Methods, Automated Methods
2) By Product: Consumables, Instruments, Software and Services
3) By Technology: Culture-Based Technology, Molecular Technologies, Microarrays, PCR (Polymerase Chain Reaction), PNA-FiSH (Peptide Nucleic Acid - Fluorescent in Situ Hybridization), Proteomics Technology
4) By Application: Bacteremia, Fungemia, Mycobacterial Detection
5) By End User: Hospital Laboratories, Reference Laboratories, Academic Research Laboratories, Other Laboratories
Subsegments:
1) By Conventional/Manual Methods: Blood Culture Bottles (Aerobic and Anaerobic), Culture Media Preparation, Manual Observation and Identification
2) By Automated Methods: Automated Blood Culture Systems, Continuous Monitoring Systems, Integrated Identification and Sensitivity Testing Systems
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What Key Drivers Are Expected to Influence Future Blood Culture Tests Market Growth?
The escalation in the prevalence of contagious illnesses is set to augment the growth of the blood culture test market. Pathogens, including viruses, bacteria, fungi, and parasites, cause these diseases, which can introduce harmful microorganisms into a person's body either externally or from another infected individual. Diseases like COVID-19, tuberculosis, flu, measles, HIV, strep throat, etc., can result in temporary discomfort, severe tissue damage, and even fatality. Infectious diseases are considered the second largest cause of death worldwide by the World Health Organization. The surge in cases of these ailments has necessitated the need for blood culture tests to confirm if the patient is suffering from bacteremia/septicemia, a potentially lethal condition. For example, a report by the UK Health Security Agency in August 2024 stated that there were 3,732 confirmed mpox cases in the UK, primarily in England, as of December 31, 2022. By the end of May 2023, an additional 21 cases were reported, primarily in England and one in Scotland. As a result, the rising prevalence of infectious diseases is bolstering the expansion of the blood culture test market.
Which Companies Hold the Largest Share Across Different Blood Culture Tests Market Segments?
Major companies operating in the blood culture tests market include Becton, Dickinson and Company, BioMerieux SA, Thermo Fisher Scientific Inc., Luminex Corporation, Danaher Corporation, Terumo Corporation, Bruker Corporation, F. Hoffmann-La Roche AG, Biobase Biotech Co. Ltd., Scenker Biological Technology Co. Ltd., Bulldog Bio, Anaerobe Systems Inc., Himedia Laboratories Pvt. Ltd., Autobio Diagnostics Co. Ltd., Axiom Laboratories, Biosystems Inc., BINDER GmBH, Roche Diagnostics, Mikroscan Technologies Inc., Labotronics Ltd., Hardy Diagnostics, OpGen Inc., Meditech Technologies India Private Limited, Siemens Healthineers, Abbott Laboratories, Cepheid, T2 Biosystems Inc., Beckman Coulter Inc., Accelerate Diagnostics, Bio-Rad Laboratories Inc., Hologic Inc., Quidel Corporation, Copan Diagnostics Inc., Greiner Bio-One International GmbH, Carl Zeiss AG, Nanosphere Health Sciences, GenMark Diagnostics, Meridian Bioscience Inc., Nikon Corporation
What Trends Are Driving Growth in The Blood Culture Tests Market?
The rise of technological innovation is a predominant trend in the blood culture tests market, offering new opportunities for sectors like pharmaceuticals, biologics, nutraceuticals, and medical devices. The push for launching new, safe, and affordable products rapidly prompts producers and manufacturers to develop top-notch blood culture testing to comply with ever-growing standards. These tech advancements not only assure performance and safety but also curtail costs. For example, Labcorp, an American company providing testing solutions, unveiled its Labcorp OnDemandTM, an at-home collection kit in May 2022, which gauges hemoglobin A1c (HbA1c) using a minimal blood sample. The OnDemand Diabetes test kit is designed with dry blood technology to give a comprehensive picture of the body's average blood glucose levels over a period. This kit enables users to keep tabs on their health regularly without leaving their homes, needing only a simple finger prick and a few drops of blood.
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What Are the Emerging Geographies for The Blood Culture Tests Market Growth?
North America was the largest region in the blood culture tests market in 2024. The regions covered in the blood culture tests market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Culture Tests Market?
2. What is the CAGR expected in the Blood Culture Tests Market?
3. What Are the Key Innovations Transforming the Blood Culture Tests Industry?
4. Which Region Is Leading the Blood Culture Tests Market?
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