Blood Culture Test Market Global Forecasts upto 2025

Global Blood Culture Test Market: Overview

Blood culture tests are conducted when a healthcare provider suspects that a patient might suffer from blood infection. Blood infection poses a high risk for serious complications including a condition called sepsis, whereby the pathogens which cause infection in our bloodstream interfere with our body’s defenses and arrest the proper functioning of our immune systems. These pathogens create toxins that harm our organs as well. As a result, blood culture tests are leveraged to determine which bacteria or other organism has been leading to blood infection and how to combat it efficiently.

Global Blood Culture Test Market: Key Trends

Because the risk of developing a blood infection rises considerably when a person is suffering from conditions such as cancer, diabetes, HIV or AIDS, or an autoimmune disease, the rising incidence of these chronic conditions has been one of the most significant catalysts of the global blood culture tests market. The increasing number of surgeries, prosthetic heart valve replacements, and growing acceptance of immunosuppressive therapy have also been influencing the growth of the global blood culture test market in a positive way. Blood cultures are also being drawn from infants and newborns with fever who might have an infection.

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However, the potential side effects associated with blood culture such as excessive bleeding, hematoma (bleeding under the skin), infection, and fainting can act as a stumbling block to the expansion of the global blood culture test market.

Global Blood Culture Test Market: Market Potential

Several research and development projects are being undertaken by scientists, universities, and researchers. For example, in May 2017, a novel device for drawing blood was found to be capable of reducing contamination of cultures by a study conducted at the University of Nebraska Medical Center (UNMC). The study included 904 participant patients from the emergency department, along with 1,808 blood cultures. SteriPath, the Food and Drug Administration (FDA)-approved device is designed by Magnolia Medical Technologies. It potentially cuts down the use of antibiotics, simultaneously reducing health care costs, finds the study.

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Another testing instrument, the PhenoTest BC Kit received FDA approval in February 2017. The device is presently being used at the University Hospital of Augusta. The new test method enables patients who are diagnosed with bloodstream infection to receive treatment nearly two days sooner. The test can provide crucial information not only pertaining to the organisms responsible for the bloodstream infection but also regarding to which antibiotics the organism might respond to. The development of such innovative products can enhance the adoption of blood culture tests on a global scale, leveling up the overall market revenue.

Global Blood Culture Test Market: Regional Outlook

Based on geography, the global blood culture test market can be segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. The blood culture test market in North America is currently at the headmost place owing to the existence of several large market players including Thermo Fisher Scientific, Inc., Becton, and bioMérieux SA. Europe is anticipated to witness substantial demand for blood culture tests due to high development of healthcare infrastructure in countries such as France, the U.K., and Germany.

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Asia Pacific is likely to surpass all other regions in terms of growth rate during the forthcoming period, triggered by an alarming rise in infectious diseases. Government initiatives at ramping up the healthcare infrastructure are also boosting the blood culture test market in the region.

Global Blood Culture Test Market: Competitive Landscape

Abbott, Danaher Corporation, bioMérieux SA, Dickinson and Company, Alere, Thermo Fisher Scientific, Inc., Luminex Corporation, Becton, Bruker Corporation, and Roche Diagnostics are some leading players operating in the global blood culture test market.

Rise in Chronic Ailments Uplifts Global Blood Culture Test Market

San Francisco, California, March 08, 2018: A recent report by TMR Research, titled, “Blood Culture Test Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 – 2025” offers a detailed outlook of this market by reviewing different factors.

Governmental initiatives such as timely medical reimbursements and increased funding for research and development activities are some of the prominent driving factors for the global blood culture test market. A high risk of blood infection may arise mainly when a person has been affected by diseases such as HIV, AIDS, cancer, and diabetes. As such chronic issues are on the rise all over the globe, their occurrence is a key catalyst for demand of blood culture tests.

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A significant rise in the number of surgeries that require carrying out blood culture tests has been noted owing to proliferation of such chronic issues. This has consequently uplifted the global blood culture tests market. Blood cultures are also increasingly being drawn from infants and newborns, who might have been affected with an infection or fever. This is carried out as a helping hand for diagnosis of health issues faced by the infants.

However, blood culture tests might produce a few side effects in some people, such as skin infections, excessive bleeding, hematoma, and fainting. Such side effects are prominent restraints for the global blood culture test market. Incidences like these might discourage patients and other concerned people from getting these tests done. However, several innovations are being carried out to make the blood culture tests safe, which is expected to dilute the effects of obstacles affecting the market.

The global blood culture test market showcases remarkable potential when it comes to recent innovations. A case in point is the unique method developed in a research study conducted at the University of Nebraska Medical Center. This technique reduced contamination caused while drawing out blood.

The global blood culture test market is mainly segmented on the basis of technology and regions. Under technology, manual blood culture tests and automated blood culture tests are two prime segments. The manual blood culture tests have seen higher preference owing to being less expensive and requiring less operational knowledge.

Geography-wise, the global blood culture test market is segmented into Europe, North America, the Middle East and Africa, Latin America, and Asia Pacific. At present, the market shows is most developed in North America, owing to the presence of well-established players. After North America, Europe is anticipated to attract high demand for blood culture tests in the near future. This is mainly due to a rapid development of healthcare infrastructure in leading countries such as U.K., France, and Germany belonging to the European region. However, Asia Pacific is prognosticated to overtake both regions by the virtue of high growth rate registered in the upcoming years, owing to a dramatic rise in infectious diseases.

The global blood culture test market showcases a highly competitive scenario as a result of various small as well as large-scale businesses aiming to grab top spots. Players are offering automated blood culture tests and also coming up with safer and effective products to up sales in the market New players are seen developing cost-effective blood culture tests, in order to compete against existing businesses. Thermo Fisher Scientific, Inc., Roche Diagnostics, Luminex Corporation, Becton, Dickinson and Company, Bruker Corporation, Danaher Corporation, Abbott, and Alere are some of the key players operating in the global blood culture test market.