Blood culture is a laboratory test which is performed with the help of blood taken from the patient and incubated into a blood culture media to determine the infection caused by which micro-organisms in the blood. This blood culture media contain growth medium to promote the growth of micro-organisms in culture. Moreover, this media consists of anticoagulants that prevent blood from clotting. Sodium polyanethol sulfonate (SPS) is most commonly used anti-coagulant and it does not affect the growth of most organisms.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
At the early phase of COVID-19 pandemic, there was no availability of specific diagnostic tests to detect the disease in patients. Alternative diagnostic tests were used initially but were not much effective. This unavailability of specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global market. These players achieved edge over other diagnostics players capitalizing the opportunity from demand for COVID-19 diagnostic tests, which, in turn, helps them in maintaining their revenue in such a crisis.
Owing to such factors, COVID 19 is expected to have a significant impact on the blood culture media market.
Top Impacting Factors
- Rise in cases of infectious diseases, increases in demand for early detection & diagnosis tests, surge in awareness regarding disease treatment, rise in number of hospital acquired infections, and increase in usage of targeted blood infection drugs are the key factors that drive the growth of market.
- In addition, surge in adoption of effective diagnosis tests, rise in funding by government and private entities to promote development in diagnostic services, increase advancement in advance blood infection treatment procedures, R & D activities to improve quality of blood culture media, and surge in demand for improved vaccines are expected to boost the growth of market.
- However, high cost associated blood culture methods is expected to restrain the growth of market.
- Contrarily, government initiatives to spread awareness regarding blood infections are expected to offer lucrative opportunities for the expansion of the market.
Market Trend
Rise in Incidence of Hospital Acquired Infections
Hospital acquired infections are one of the leading cause of death all over the globe, surge in cases of chronic infections, and ignorance related to sanitization procedures can drive the growth of market. As per the data Health Data 2020, around 250,000 cases were reported each year from hospital acquired infections in the U.S. In addition, rise in demand for effective diagnosis tests, ongoing research on blood culture tests by research institute, strategic development by key market players such as collaboration, joint ventures, and agreements, and support from authorities to develop advance infrastructures are expected to boost the growth of blood culture media market.
Key Benefits of the Report
- This study presents the analytical depiction of blood culture media market industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Blood Culture Media Market Report
- Which are the leading players active in the blood culture media market?
- What are the current trends that will influence the market in the next few yars?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is "blood culture media"?
- What is "blood culture media" market prediction in the future?
- Who are the leading global players in the "blood culture media" market?
- What are the current trends and predicted trends?
- What are the key benefits of the "blood culture media" market report?
Blood Culture Media Market Report Highlights
| Aspects | Details |
 By Product Type |
|
 By Application |
|
 By End User |
|
 By Region |
|
 Key Market Players | Danaher Corporation, T2 Biosystems, Inc., Bulldog Bio, Inc., Curetis, Bruker Co., Biobase Biotech (Jinan) Co. Ltd., OpGen, Inc., Anaerobe Systems, Inc., Meditech Technologies India Private Limited, Becton & Dickinson Co., ITL BioMedical |
Loading Table Of Content...
