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Blood Stream Infection Testing Market Size Projected To Reach $13.19 Billion By 2034 With A Cagr Of 11.6%
Blood Stream Infection Testing
What Is the Projected Growth of the Blood Stream Infection Testing Market?
Recent years have seen a swift expansion in the blood stream infection testing market size, which is projected to increase from $7.59 billion in 2024 to $8.49 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.9%. The historical growth of this market can be traced back to factors such as the heightened occurrence of infections acquired in the hospital setting, escalating issues of antimicrobial resistance, a growing elderly population, an increase in healthcare spending, and a surge in the prevalence of chronic illnesses.
The market for blood stream infection testing is predicted to experience impressive expansion in the approaching years. It is projected to reach a size of $13.19 billion by 2029, boasting a compound annual growth rate (CAGR) of 11.7%. This accelerated growth during the forecast period can be credited to the escalating demand for fast diagnostic procedures, the increased adoption of molecular diagnostic tools, an enhanced emphasis on personalized healthcare, governmental initiatives aimed towards infection management, and the growing instances of multi-drug-resistant pathogens. Key trends anticipated during this forecasted period include the advancing role of AI in diagnostic technology, the amalgamation of telemedicine with diagnostic services, a climbing demand for home-friendly testing kits, the development of multiplex diagnostic platforms, and the mounting alliances formed between diagnostic enterprises and hospitals.
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What Are the Different Blood Stream Infection Testing Market Segments?
The blood stream infection testing market covered in this report is segmented -
1) By Product Type: Instruments, Reagents And Consumables, Software And Services
2) By Sample Type: Whole Blood, Blood Culture
3) By Technology: Polymerase Chain Reaction (PCR), Mass Spectroscopy, In Situ Hybridization, Other Technologies
4) By End-User: Hospitals And Diagnostic Centers, Laboratory Service Providers, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Instruments: Blood Culture Systems, Automated Microbial Identification Systems, Molecular Diagnostic Instruments
2) By Reagents and Consumables: Blood Culture Media, Antimicrobial Susceptibility Testing Reagents, Nucleic Acid Extraction Kits
3) By Software and Services: Laboratory Information Management Systems (LIMS), Data Analysis Software, Maintenance And Support Services
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What Are the Primary Drivers Shaping the Blood Stream Infection Testing Market?
The blood stream infection testing market is projected to expand due to a surge in infectious disease incidences. These diseases are classified as conditions brought about by harmful microorganisms such as bacteria, viruses, fungi, or parasites. Several factors such as extensive global travel, urbanization, climate change, antibiotic resistance, and vaccination coverage inadequacies are leading to a boost in infectious disease rates. Bloodstream infection testing plays a crucial role in detecting and identifying the microbes causing sepsis and other serious infections in infectious diseases, thus facilitating an effective treatment course tailored to the specific pathogen. For example, the World Malaria report released by the World Health Organization (WHO), a United Nations agency based in Switzerland, indicated that there were 249 million cases of malaria in 2022, up from 244 million the previous year. Malaria-related deaths were estimated at 608,000 in 2022, slightly down from 610,000 in 2021. Consequently, the escalating prevalence of infectious diseases is steering the growth of the blood stream infection testing market.
Which Companies Are Leading in the Blood Stream Infection Testing Market?
Major companies operating in the blood stream infection testing market are Thermo Fisher Scientific Inc., Abbott Laboratories, F. Hoffmann-La Roche Ltd, Danaher Corporation, Siemens Healthcare Private Limited, Becton Dickinson and Company (BD), Grifols S.A., Hologic Inc., BIOMÉRIEUX SA, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., DiaSorin S.p.A., Seegene Inc., Cepheid, Meridian Bioscience Inc., Biocartis NV, T2 Biosystems Inc., Molzym GmbH & Co. KG, Curetis GmbH, Accelerate Diagnostics Inc., OpGen Inc.
What Are the Major Trends Shaping the Alcohol Based Disinfectants Market?
In a bid to maintain their dominance in the bloodstream infection testing market, leading companies are working towards the creation of advanced products such as blood testing cartridges. These disposable units are used for diagnostic blood analysis and have preloaded reagents along with integrated sensors or microfluidic channels for detection of specific biomarkers, pathogens or conditions using a minimal blood sample. One exemplar of these innovative products was the launch of the SeptiCyte RAPID cartridges by Immunexpress Pty Ltd., an Australian molecular diagnostics company. Introduced in August 2022, these cartridges use undiluted ethylenediaminetetraacetic acid (EDTA) blood - a validated sample type with a high correlation to other blood collection methods as revealed through a wide-ranging European research. This progress enhances the precision and productivity of sepsis diagnosis, paving the way towards broader and swifter clinical adoption while potentially revolutionizing patient care and diminishing healthcare expenses.
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What Are the Top Revenue-Generating Geographies in the Blood Stream Infection Testing Market?
North America was the largest region in the blood stream infection testing market in 2024. The regions covered in the blood stream infection testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Stream Infection Testing Market?
2. What is the CAGR expected in the Blood Stream Infection Testing Market?
3. What Are the Key Innovations Transforming the Blood Stream Infection Testing Industry?
4. Which Region Is Leading the Blood Stream Infection Testing Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the blood stream infection testing market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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