Market Analysis: Blood Culture Tests Market
The Global Blood Culture Tests Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 8.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Blood Culture Tests Market
Blood testing is a laboratory examination that is done after blood sample is taken from patient’s body with the help of needle or finger prick to determine the state of health. The organs functioning and progress of the treatment can be analyzed by blood culture tests. The tests are very usual and they are also one of the regular checkups which grow the market for blood culture test.
Major market drivers and restraints:
- HigherPrevalence of Bloodstream Infections
- Increasing Elderly Population
- Nonexistence of Qualified Laboratory Technicians
- Documentation of Antibiotic-Resistant Microbes
- Existence of Small Players
Market Segmentation: Blood Culture Tests Market
By product the global blood culture tests market is segmented into consumables, software &services,and instruments. Consumables are again segmented into blood culture media, blood culture accessories, assay, kits, and reagents. Blood culture media is bifurcated into anaerobic blood culture media, aerobic blood culture media, fungi/yeast blood culture media, and others. Instruments are segmented into laboratory equipment and automated blood culture systems. Laboratory equipment is bifurcated into microscopes, incubators, colony counters, and gram strainers.
On the basis of indications the global blood culture tests market is segmented into bacteremia, fungemia, and mycobacteria.
On the basis of technology the global blood culture tests market is segmented into culture-based technology, proteomics technology, and molecular technologies.
Molecular technologies are further sub-segmented into micro arrays, PCR (polymerase chain reaction), PNA-FiSH (peptide nucleic acid – fluorescent in situ hybridization).
On the basis of culture procedure the global blood culture tests market is segmented into conventional manual method, and automated method.
On the basis of end-user the global blood culture tests market is segmented into hospital laboratories, academic research laboratories, reference laboratories, and other laboratories.
On the basis of geography, global blood culture tests market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Blood Culture Tests Market
The global blood culture tests market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of blood culture tests market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Blood Culture Tests Market
Some of the major players operating in global blood culture tests market areBD, bioMérieux SA, Thermo Fisher Scientific, Inc., Nanosphere, Inc., Hefei Super Trade Co., Ltd., Luminex Corporation, Hunan Lituo Biotechnology Co., Ltd., Moss instruments co., ltd., Cepheid, Siemens AG, Bruker Corporation, Guangzhou AllfineMedlab Co., Ltd., Nihon Kefia Co., Ltd., Danaher, F. Hoffmann-La Roche Ltd., Fair Biotechnology Corp., Alere, Inc., Beijing BST Technology, Dynamicro Labs Pvt. Ltd., Boen Healthcare Co., Ltd., Abbott Laboratories, T2 Biosystemsamong others.
Research Methodology: Blood Culture Tests Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.