Blood Stream Infection Testing Market Outlook, Strategies, Challenges, Advancements, Geography Trends and Growth, Applications and Forecast 2027
Blood Stream Infection Testing Market report provides key enumeration on the Market status of the Blood Stream Infection Testing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Blood Stream Infection Testing industry. It delivers important information to identify and analyse the market need, market Growth and competition.
Blood stream infection is mainly a bacterial or fungal infection in blood. Microbes such as bacteria or fungus enter bloodstream through any part of body and damage the blood cells that cause infections. These types of blood stream infections are detected by using a method called blood stream infection testing. It is important to have blood stream infection testing due to diversity in infection with common symptoms and it is difficult for an individual to figure out the main cause of infection. The test detects the bloodstream infection and also body’s response to it known as sepsis. One of major risk of infectious diseases to human health could be increase in human population as the rise in population would lead to lower hygiene level.
Many industries suffered a huge loss across the globe in the sudden pandemic due to COVID-19. The worldwide lockdown was implied to prevent the spread of coronavirus infection. The strict lockdown led several industries and markets to shut, whereas healthcare institutions were continuously in process to beat the coronavirus with extra work force.
Emergence of COVID-19 is expected to aid in growth in the global blood stream infection testing market. It was essential to perform the testing of blood samples of infected COVID-19 patient to detect the concentration of antibodies present in the patient’s blood for further diagnosis.
A key factor to boost growth of the blood stream infection testing market is transmission of various diseases. This is mainly caused due to unhygienic conditions in overpopulated and insufficient shelters. Thus, increasing number of diseases such as chronic diseases, abdominal infections, and dental infection drives the blood stream testing market growth. Moreover, increasing awareness about such chronic diseases leads to development in medical facilities and boosts its demand. The technological advancement in diagnostic tests, diagnostic rate, awareness about hygiene and unhealthy lifestyle leads to significant expansion in the blood stream infection testing market. Increasing population promotes infectious diseases, thereby propelling growth of the global blood stream infection testing market. For instance, according to the World Bank 2016 report, the global population reached 7.44 billion.
There are some limitations when it comes to a growing market. Various factors such as stringent regulations related to diagnostic procedures, high cost of diagnosis, and lack of medical reimbursement in some countries are expected to limit growth of the blood stream infection testing market.
Increasing awareness about the diversity in chronic diseases such as pneumonia, cancer, and HIV leads to advanced technical development and innovations in the market, which would further boost the market growth. ‘R&D of new tests is expected to offer lucrative growth opportunities for players in the bloodstream infection testing market’. In 2017, researchers from National Cancer Centre Japan (NCC) and Toray Industries Inc., innovated a new technique to detect 13 different types of cancer cell by using just a single droplet of blood.
Moreover, in 2017, Japan’s Central Social Insurance Medical Council was approved to present reimbursement for two VERIGENE assays- gram-positive and gram-negative blood culture test. The VERIGENE system is used to detect infectious pathogens in blood. The reimbursement was announced by Luminex Corporation and recommended by the Japanese Ministry of Health, Labor and Welfare.
In 2017, the market size of global blood stream infection testing market reached up to the value of US $3758.7 million and it is expected to increase over the forecast period 2019-2026 at CAGR of 8.4%.
The global blood stream infection testing market is geographically expanded into various segments of North America, Latin America, Europe, Africa, Middle East, and Asia Pacific. In 2018, North America held dominant position in the market. North America owes preventive healthcare measures such as developed medical facilities and high diagnostic rate. They also have adopted innovative new products and creates healthcare awareness, leading to top in global blood stream infection testing market. Asia Pacific is also expected to witness significant growth in the global blood stream infection testing market due to high prevalence of various chronic diseases.
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Blood Stream Infection Testing Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of BioMérieux SA, Becton, Dickinson and Company, AB Sciex, IRIDICA, Abbot Laboratories, Cepheid Inc., C. R. Bard, Inc., F. Hoffmann-La Roche AG, Nanoshpere, Dade Behring, AdvanDX, Siemens Healthcare.
Main points in Blood Stream Infection Testing Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Blood Stream Infection Testing Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Blood Stream Infection Testing Industry Impact
Chapter 2 Global Blood Stream Infection Testing Competition by Types, Applications, and Top Regions and Countries
2.1 Global Blood Stream Infection Testing (Volume and Value) by Type
2.3 Global Blood Stream Infection Testing (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Blood Stream Infection Testing Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Blood Stream Infection Testing Market Analysis
Chapter 6 East Asia Blood Stream Infection Testing Market Analysis
Chapter 7 Europe Blood Stream Infection Testing Market Analysis
Chapter 8 South Asia Blood Stream Infection Testing Market Analysis
Chapter 9 Southeast Asia Blood Stream Infection Testing Market Analysis
Chapter 10 Middle East Blood Stream Infection Testing Market Analysis
Chapter 11 Africa Blood Stream Infection Testing Market Analysis
Chapter 12 Oceania Blood Stream Infection Testing Market Analysis
Chapter 13 South America Blood Stream Infection Testing Market Analysis
Chapter 14 Company Profiles and Key Figures in Blood Stream Infection Testing Business
Chapter 15 Global Blood Stream Infection Testing Market Forecast (2021-2027)
Chapter 16 Conclusions
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