Dublin, May 08, 2023 (GLOBE NEWSWIRE) -- The "Blood Culture Tests - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Blood Culture Tests estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$6.8 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030.
Conventional, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$4.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Automated segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 10% CAGR
The Blood Culture Tests market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 42 Featured) -
- Beckman Coulter, Inc.
- Becton, Dickinson and Company
- bioMerieux SA
- Bruker Corporation
- Cepheid, Inc.
- Roche Diagnostics (Schweiz) AG
- T2 Biosystems
- Thermo Fisher Scientific, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 173 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.2 Billion |
| Forecasted Market Value (USD) by 2030 | $6.8 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Blood Culture Tests Market to Register Moderate Growth
- Automated Method to Account for Highest Growth Rate, Driven by Minimized Contamination and Quicker Turnaround Time
- Turnaround Time for Conventional Tests Vs Automated Tests
- Percentage Breakdown of Revenue Share of Blood Testing Market by Revenue
- Blood Culture Tests - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growth in Number of Sepsis Cases across the Globe to Bode Well for Market Growth
- Ageing Population Drives Demand
- Global Population Statistics and Estimates for the 60+ Age Group (1990, 2015, 2050E, 2100E)
- High Incidence Rates of Infectious Disease to Bode Well for Market
- New Product Launches Provide Impetus to the Market Growth
- A List of Recent Innovations for Diagnosing Infectious Disease
- Lack of Skilled Laboratory Technicians to Slow Down Market Growth
- Skill Shortage of Health Aides in the US: 2025
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qn7783
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