The global market for blood culture tests is growing on account of the propensity of the masses to get regularly screened for infections or viruses in the blood. Blood culture deals with the analysis of blood samples to detect the presence of viruses, bacteria, or fungi in the blood. Presence of other harmful microorganisms that could result in blood infections can also be detected with the help of blood culture. Septicemia, which is the term used for blood infections, can result in muscular pain, nausea, palpitations, fever, and headache. In more severe serious cases, infections in the blood can even cause fluctuations in blood pressure, inflammation, or organ failure. A report by Transparency Market Research (TMR) unravels a wide range of factors that are projected to influence the growth of the global market for blood culture tests over the coming years. The title of the report is ‘Blood Culture Tests Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025’.
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The most significant factor that is expected to drive demand within the global market for blood culture is the vulnerability of people towards developing infections in the blood. The causative agents of blood infections can get into the blood stream through food, sexual contact, and inhaling among others. Hence, it is important to ensure proper diagnostics to deal with blood infections. The initiatives of the government to strengthen the healthcare setup by providing point-of-care services and diagnostic centers is projected to gross in tremendous revenue within the market. However, unfavorable reimbursement policies and lack of skilled labor could be a hindrance for the market.
The regional segments of the market such as Europe, the Middle East and Africa (MEA), Latin America, Asia Pacific (APAC), and North America are expected to undergo significant growth over the coming years.
Some of the key players identified by the report are Thermo Fisher Scientific Inc., Beckman Coulter Inc. (Danaher), and Roche Diagnostics.