Global Blood Culture Tests Market 2016-2020

This market research study identifies bioMérieux, BD, Roche Diagnostics, ThermoFisher Scientific, and Cepheid as the leading players in the global blood culture tests market. A comprehensive study of this market is also presented by application, by technology, by product, by end user, and by geography. 

Outlook of the blood culture tests market

Extensive research carried out by the analysts at Technavio has shown that the global blood culture tests market will witness tremendous growth and will post a CAGR of more than 7% over the forecast period. With the increasing outsourcing of blood samples to private reference laboratories, the blood culture tests market is anticipated to have a positive outlook in the coming years. Reference laboratories provide testing services for hospitals and in the areas of clinical trials, corporate wellness programs, genomics, insurance, toxicology, molecular diagnostics, and sample tracking. In this market, an increasing number of public hospitals are outsourcing services to independent reference laboratories due to budget constraints, lower turnaround time, and productivity gains, which will, in turn, propel this market’s growth over the next four years.

The augmented demand for rapid diagnostics tests is one of the significant trends impelling this market’s growth during the predicted period. Rapid diagnostics tests offer speedy identification of pathogens; thereby, aiding in the effective targeting of antimicrobial therapy in hospitals. Moreover, these diagnostic tests are cost-effective and accurate. Several advanced technologies like peptide nucleic acid fluorescent in situ hybridization (PNA-FISH) and targeted real-time PCR help lower hospital costs and reduce hospital stays significantly. These benefits emphasize the positive impact of rapid molecular testing in clinical laboratories.

Segmentation by technology and analysis of the blood culture tests market  

• Conventional or manual blood culture
• Automated blood culture