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Research on Blood Culture Test Market Driven by End User Like (Hospital, Reference Laboratory, Clinical Laboratory, Academic Research Institute)

The blood culture test market is driven by several factors such as high incidence of blood stream infections (BSI), rising demand for rapid diagnostic tests, growing aging population, and rising prevalence of infectious diseases which in turn creates demand for blood culture test. The relatively untapped Asian market and the increasing demand for rapid diagnostic techniques have opened an array of opportunities for the growth of the blood culture market. However, high cost of automated blood culture instruments and lack of adequate reimbursement are likely to hinder the growth of this market.

Key players in the global blood culture test market are bioMérieux SA (France), Becton, Dickinson and company (U.S.), Cepheid, Inc. (U.S.), Nanosphere, Inc. (U.S.), Bruker Corporation (U.S.), Alere, Inc. (U.S.), Beckman Coulter, Inc. (U.S.), IRIDICA (subsidiary of Abbott Laboratories) (U.S.), and Roche Diagnostics (Switzerland).

Complete report of 178 market data tables & 37 figures spread through 250 pages and in-depth TOC on "Blood Culture Test Market" at http://www.reportsnreports.com/reports/377270-blood-culture-test-market-by-method-manual-automated-product-consumables-instrument-application-aerobic-anaerobic-yeast-fungi-end-user-hospital-reference-laboratory-clinical-laboratory-academic-research-institute-forecast-to-2019.html .

The blood culture test market is segmented on the basis of methods, products, applications, end users, and region. On the basis of methods, the market is segmented into conventional/manual blood culture and automated blood culture. The automated blood culture segment is expected to grow at the highest CAGR from 2014 to 2019. The high growth of the segment is attributed to the increasing demand for rapid diagnostic tests for obtaining quick results over a short duration of time.

On the basis of products, the blood culture test market is categorized into consumables, instruments, and software and services. In 2014, the consumables segment commanded the largest share of the market. The repeated purchase of consumables as compared to instruments and increasing sepsis and infectious diseases will drive the growth of this segment.

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The global blood culture test market is expected to reach $3,893.5 Million by 2019 from $2,750.2 Million in 2014 at a CAGR of 7.2% from 2015-2019.

On the basis of applications, the market is segmented into bacteremia, fungemia and mycobacteria. In 2014, the bacteremia segment accounted the largest share of the global market owing to increase in sepsis cases.

Single user license, a sample copy on “Blood Culture Test Market by Method (Manual, Automated), Product (Consumables, Instrument), Application (Aerobic, Anaerobic, Yeast/ Fungi) & End User (Hospital, Reference Laboratory, Clinical Laboratory, Academic Research Institute) – Forecast to 2019” research report can be requested at http://www.reportsnreports.com/contacts/requestsample.aspx?name=377270 .

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