Blood Culture Tests Market Share, Size, Trends and Research Report 2016

Blood Culture Tests Market Analysis, Share and Size, Emerging
Trends, Overview and Outlook, Growth And Segment Forecasts To
2020
Technavio Announces the Publication of its Research Report – Global Blood Culture Tests Market 20162020
Technavio recognizes the following companies as the key players in the global blood culture tests
market: BioMérieux, BD, Roche Diagnostics, ThermoFisher Scientific, and Cepheid.
Other Prominent Vendors in the market are: AB Sciex, AdvanDX, Alere, Beckman Coulter, Bruker, Dade
Behring¸ Eurogentec, IRIDICA, Nanosphere, and Siemens.
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Commenting on the report, an analyst from Technavio’ s team said: “Demand for rapid diagnostic tests
will be a key trend for market growth. Rapid identification of microorganisms in clinical laboratories is of
great value for the selection of optimal patient management strategies for inhibiting bacteria, viruses,
fungi, mycobacteria, and parasites. There is a critical need for new technologies in the area of clinical
microbiology, particularly for detecting BSIs that are responsible for the highest number of deaths
worldwide. Rapid diagnostics tests offer rapid identification of pathogens, are cost-effective to a certain
extent, and help in the effective targeting of antimicrobial therapy in hospitals.”
According to the report, use of automated blood culture systems will be a key driver for market growth.
Blood culture tests that involve most of the microbiological studies are the second-most common
procedure performed in medical settings to detect BSIs. Advanced automated systems such as BS's
BacT/ALERT system, AccuMed International's ESP Culture system II, and Cepheid's GeneXpert system
used for these tests help reduce the hands-on time, minimize infection detection time, and are easy to
use. Conventional systems often used to provide false-positive results, which led to the development of
advanced devices that have helped reduce false-positive results by 10%. These advanced systems have
also reduced the duration of infection detection from 4-5 days to a 24-hour period for positive results.
Further, the report states that high cost of automated blood testing systems will be a challenge for the
market. Automated blood culture test instruments are expensive, with real-time PCR instruments being
costlier compared to other medical devices. BioRad's real-time PCR costs about $9,900, while that of
Applied Biosystems is about $14,500. The cost of the systems has a negative impact on the market
growth in developing countries compared to developed nations, as people cannot afford costly devices
and tests. Though these instruments are one-time investment, their high cost prevents hospital
authorities to purchase them. These hospitals use manual methods for blood culture testing.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Blood Culture
Blood culture tests help detect microorganisms such as bacteria, yeast, and fungi in the blood. These
tests also help identify blood stream infections (BSIs) such as septicemia, a serious and life-threatening
complication. These tests guide physicians to offer proper treatment for infections.
Technavio’ s analysts forecast the global blood culture tests market to grow at a CAGR of 7.25% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global blood culture tests
market for 2016-2020. To calculate the market size, the report considers the revenue generated from
the sales of tests for bacteremia, fungemia, and mycobacteria.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Blood Culture Tests Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]

According to the report, use of automated blood culture systems will be a key driver for market growth. Blood culture tests that involve most of the microbiological studies are the second-most common procedure performed in medical settings to detect BSIs.