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From 2024–2031, the worldwide market for bloodstream infection testing is anticipated to expand from an initial valuation of $689.23M in 2023, with a CAGR (compound annual growth rate) of 6.5%.
In order to determine whether bacteria or other pathogens cause blood infections, testing for bloodstream infections is essential. In places with low levels of personal cleanliness, the spread of infectious diseases poses a serious threat to human health. Effective diagnostic techniques are necessary to diagnose and mitigate these illnesses, as this poses a risk to public health. Several key drivers are propelling the market forward, including the rising prevalence of infectious diseases around the world and the increasing focus on infection control measures.
An infection in the bloodstream can be caused by bacteria, fungi, or any other type of infection. The sickness manifests itself as the infection spreads throughout the body once the pathogen enters the bloodstream. Bacteria and other organisms that cause blood infections can be identified using blood stream infection testing. Extremely low levels of personal cleanliness in crowded places pose a serious threat to human health because they facilitate the rapid spread of several contagious illnesses. A self-diagnosis of a bloodstream infection might be difficult because of the vast range of symptoms that can accompany the infection.
Due to the need for blood tests at specific intervals, the rising global awareness of infectious diseases such as HIV/AIDS, pneumonia, and cancer is anticipated to drive market expansion. The development of better testing equipment as a result of technical improvements by various market participants is another probable component that drives the market growth. Current market participants in the medical tool industry are concentrating their innovations on improving the quality of healthcare equipment offered to patients through the continuous upgrade of technology like multifunction automated machines.
A few factors, such as poor investment, expensive diagnosis costs, and a lack of adequate healthcare facilities in developing nations, are limiting the market's potential for expansion. New opportunities may arise throughout the forecast period as a result of the introduction of new, user-friendly, and cost-effective technology. Potentially posing a significant threat to the market are the strict reimbursement policies and the regulatory environment.
Among the many topics covered in this research on the bloodstream infection testing industry are: trade regulations; import/export analyses; production analyses; value chain optimization; market share; the influence of local and national players in the industry; opportunities for strategic market growth; changes in regulations pertaining to the market; market size; application niches and dominance; product approvals; product launches; geographic expansions; and technological innovations.
The bloodstream infection testing market is anticipated to be driven by the anticipated rise in the global incidence of bloodstream infections. Bloodstream infections (BSIs) are a major contributor to illness and death worldwide, as reported by the world-renowned U.S. National Library of Medicine. The rates of bloodstream infections (BSIs) have been steadily rising, and now there are anywhere from 122 to 220 cases per 100,000 persons. Recent developments in bloodstream infection testing, along with the pressing need for prompt diagnoses, bode well for the market. The market for bloodstream infection testing is expected to experience strong revenue growth in the near future, driven by the rising number of infections in the senior population. This is because this demographic has a lower immune system and is thus more susceptible to infections. Even while automated systems like MALDI-TOF and DOT are becoming more common, the hefty initial investment and ongoing maintenance expenses may slow the market's growth. Expensive testing methods can impede market growth even more. One factor that can slow the market's growth is the absence of reimbursement and insurance policies.
The continuing research and development in the field of bloodstream infection testing is expected to lead to technological advances, which will cause the market to enjoy substantial growth and investment possibilities within the analyzed timeframe. New technology, such as a bloodstream infection tester, can detect sepsis and monitor drug resistance indicators in bacteria. Consequently, patients are placed in a safer environment. Another factor that is expected to boost the worldwide bloodstream infection testing market is the increasing number of elderly people, who are more vulnerable to infectious infections. In addition, the disease's diagnosis is notoriously difficult. Testing for the infection in the bloodstream is mandatory for this reason. As a result, the worldwide blood stream infection testing market is expected to experience significant growth in the coming years, creating enough investment potential.
Report Coverage
Global Bloodstream Infection Testing research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bloodstream Infection Testing report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bloodstream Infection Testing competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bloodstream Infection Testing market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bloodstream Infection Testing market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bloodstream Infection Testing market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Abbott, BD, bioMérieux SA, Beckman Coulter, Inc., Babson Diagnostics, Diazyme Laboratories, Inc., Cepheid, Luminex Corporation, Accelerate Diagnostics, Inc., InBios International, Inc., Ortho Clinical Diagnostics, OpGen, Bruker, Grifols SA GmbH and Danaher among other
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Bloodstream Infection Testing market based on the below-mentioned segments:
Global Bloodstream Infection Testing Market, By Product
Instruments
Consumables
Software and Services
Global Bloodstream Infection Testing market, By Application
Bacterial
Fungal
Mycobacterial
Global Bloodstream Infection Testing Market, By End User
Hospitals
Independent Diagnostics Centers
Others
Global Bloodstream Infection Testing market, Regional Analysis
In order to determine whether bacteria or other pathogens cause blood infections, testing for bloodstream infections is essential. In places with low levels of personal cleanliness, the spread of infectious diseases poses a serious threat to human health. Effective diagnostic techniques are necessary to diagnose and mitigate these illnesses, as this poses a risk to public health. Several key drivers are propelling the market forward, including the rising prevalence of infectious diseases around the world and the increasing focus on infection control measures.
An infection in the bloodstream can be caused by bacteria, fungi, or any other type of infection. The sickness manifests itself as the infection spreads throughout the body once the pathogen enters the bloodstream. Bacteria and other organisms that cause blood infections can be identified using blood stream infection testing. Extremely low levels of personal cleanliness in crowded places pose a serious threat to human health because they facilitate the rapid spread of several contagious illnesses. A self-diagnosis of a bloodstream infection might be difficult because of the vast range of symptoms that can accompany the infection.
Due to the need for blood tests at specific intervals, the rising global awareness of infectious diseases such as HIV/AIDS, pneumonia, and cancer is anticipated to drive market expansion. The development of better testing equipment as a result of technical improvements by various market participants is another probable component that drives the market growth. Current market participants in the medical tool industry are concentrating their innovations on improving the quality of healthcare equipment offered to patients through the continuous upgrade of technology like multifunction automated machines.
A few factors, such as poor investment, expensive diagnosis costs, and a lack of adequate healthcare facilities in developing nations, are limiting the market's potential for expansion. New opportunities may arise throughout the forecast period as a result of the introduction of new, user-friendly, and cost-effective technology. Potentially posing a significant threat to the market are the strict reimbursement policies and the regulatory environment.
Among the many topics covered in this research on the bloodstream infection testing industry are: trade regulations; import/export analyses; production analyses; value chain optimization; market share; the influence of local and national players in the industry; opportunities for strategic market growth; changes in regulations pertaining to the market; market size; application niches and dominance; product approvals; product launches; geographic expansions; and technological innovations.
The bloodstream infection testing market is anticipated to be driven by the anticipated rise in the global incidence of bloodstream infections. Bloodstream infections (BSIs) are a major contributor to illness and death worldwide, as reported by the world-renowned U.S. National Library of Medicine. The rates of bloodstream infections (BSIs) have been steadily rising, and now there are anywhere from 122 to 220 cases per 100,000 persons. Recent developments in bloodstream infection testing, along with the pressing need for prompt diagnoses, bode well for the market. The market for bloodstream infection testing is expected to experience strong revenue growth in the near future, driven by the rising number of infections in the senior population. This is because this demographic has a lower immune system and is thus more susceptible to infections. Even while automated systems like MALDI-TOF and DOT are becoming more common, the hefty initial investment and ongoing maintenance expenses may slow the market's growth. Expensive testing methods can impede market growth even more. One factor that can slow the market's growth is the absence of reimbursement and insurance policies.
The continuing research and development in the field of bloodstream infection testing is expected to lead to technological advances, which will cause the market to enjoy substantial growth and investment possibilities within the analyzed timeframe. New technology, such as a bloodstream infection tester, can detect sepsis and monitor drug resistance indicators in bacteria. Consequently, patients are placed in a safer environment. Another factor that is expected to boost the worldwide bloodstream infection testing market is the increasing number of elderly people, who are more vulnerable to infectious infections. In addition, the disease's diagnosis is notoriously difficult. Testing for the infection in the bloodstream is mandatory for this reason. As a result, the worldwide blood stream infection testing market is expected to experience significant growth in the coming years, creating enough investment potential.
Report Coverage
Global Bloodstream Infection Testing research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bloodstream Infection Testing report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bloodstream Infection Testing competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bloodstream Infection Testing market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Abbott, BD, bioMérieux SA, Beckman Coulter, Inc., Babson Diagnostics, Diazyme Laboratories, Inc., Cepheid, Luminex Corporation, Accelerate Diagnostics, Inc., InBios International, Inc., Ortho Clinical Diagnostics, OpGen, Bruker, Grifols SA GmbH and Danaher among other |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bloodstream Infection Testing Market from 2021 to 2031.
- Market Forecast for Bloodstream Infection Testing Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bloodstream Infection Testing competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bloodstream Infection Testing
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bloodstream Infection Testing market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bloodstream Infection Testing market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Abbott, BD, bioMérieux SA, Beckman Coulter, Inc., Babson Diagnostics, Diazyme Laboratories, Inc., Cepheid, Luminex Corporation, Accelerate Diagnostics, Inc., InBios International, Inc., Ortho Clinical Diagnostics, OpGen, Bruker, Grifols SA GmbH and Danaher among other
Primary Target Market
- Market Players of Bloodstream Infection Testing
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Bloodstream Infection Testing market based on the below-mentioned segments:
Global Bloodstream Infection Testing Market, By Product
Instruments
Consumables
Software and Services
Global Bloodstream Infection Testing market, By Application
Bacterial
Fungal
Mycobacterial
Global Bloodstream Infection Testing Market, By End User
Hospitals
Independent Diagnostics Centers
Others
Global Bloodstream Infection Testing market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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