The global bloodstream infection testing market size was US$ 5.1 billion in 2021. The global bloodstream infection testing market size is estimated to reach US$ 12.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.3% during the forecast period from 2022 to 2030.
Any bacterial, fungal, or any other type of infection found in the blood is known as a bloodstream infection. Once the pathogen enters the bloodstream of any part of the body, the disease becomes apparent as it starts spreading the infection in the body. Bloodstream infection tests are used to identify bacteria or other organisms that cause blood infections.
Densely populated areas are a major threat to human health due to very poor sanitation, which promotes the spread of many infectious diseases. Bloodstream infections are challenging to self-diagnose because of the wide spectrum of symptoms such as chills, chills, fever, diarrhea, and vomiting.
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Factors Affecting Marketing Growth
A rise in the number of bloodstream infections globally is expected to drive the growth of the global market.
The need for rapid diagnosis and recent advancements in bloodstream infection testing is expected to boost the growth of the global market.
The rising incidences of bloodstream infection in the elderly population who are susceptible to infection due to low immunity is expected to drive the growth of the global market.
The lack of insurance and reimbursement policies is also projected to hinder the growth of the global market.
Impact on COVID-19 Analysis
The COVID-19 outbreak caused a global public health emergency and brought the world to a halt, affecting every other sector in 2020. Strict lockdown and government limitations had impacted negatively the growth of the global bloodstream infection testing market.
Regional Analysis
North America held the leading share in 2021 in the global bloodstream infection testing market. The rise in the geriatric population and the existence of a large number of healthcare facilities across the region is predicted to be the major factor for the revenue growth of the global bloodstream infection testing market in the region.
Leading Competitors
The prominent players in the global bloodstream infection testing market are:
Bruker Corporation
Accelerate Diagnostics Inc
AdvanDx
Luminex Corporation
BioMrieux SA
Abbott Laboratories
F. Hoffmann-La Roche Ltd.
Thermo Fisher Scientific
Cepheid
Suzhou
Others
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Segmentation Analysis
The global bloodstream infection testing market segmentation focuses on Technology, Product, Technique, Application, End User, and Region.
Segmentation on the basis of Technology
Culture-based
Molecular
Proteomic
Segmentation on the basis of Product
Instruments
Consumables
Software and Services
Segmentation on the basis of Technique
Conventional
Automated
Segmentation on the basis of Application
Bacterial
Fungal
Mycobacterial
Segmentation on the basis of End User
Hospitals
Independent Diagnostics Centers
Others
Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
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Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Blood Stream Infection Testing market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Blood Stream Infection Testing market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Blood Stream Infection Testing market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Blood Stream Infection Testing business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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