Bloodstream Infection Testing Market
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Bloodstream Infection Testing Market size was valued at around USD 875.1 million in 2023 and is estimated to expand at 4.9% CAGR from 2024 to 2032. Bloodstream infections, also known as bacteremia or sepsis, it is diagnostic procedures and laboratory tests that are performed to identify the presence of bacteria or other microorganisms in the bloodstream.
The global rise in the prevalence of infectious diseases, coupled with growing awareness and increasing emphasis on infectious disease diagnostics, stands as key factors propelling the market growth. High population density and limited adherence to hygiene practices increases risk of infectious diseases, that significantly impact the human health. According to the data published by National Institutes of Health in 2022, approximately 250,000 bloodstream infections occur annually across the globe. Thus, increasing prevalence of several infectious diseases is anticipated to impel the market progression.
Technological advancements in bloodstream infection testing have significantly enhanced the accuracy, speed, and efficiency of diagnostic processes. Further, advances in molecular diagnostic techniques, such as polymerase chain reaction (PCR) technologies and nucleic acid amplification, enable the direct detection of microbial DNA or RNA, allowing for rapid and specific identification of pathogens. Therefore, technological advancements in bloodstream infection testing are projected to accelerate the market expansion.
Report Attribute | Details |
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Base Year: | 2023 |
Bloodstream Infection Testing Market size in 2023: | USD 875.1 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2023 - 2032 CAGR: | 4.9 |
2023 Value Projection: | USD 1.34 Billion |
Historical Data for: | 2018 – 2023 |
No of Pages: | 150 |
Tables, Charts & Figures: | 264 |
Segments Covered: | |
Growth Drivers: |
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Pitfalls Challenges: |
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The notable increase in healthcare-associated bloodstream infections (HA-BSI) in recent years serves as a driving factor for the market. The surge in cases, particularly attributed to the use of intravascular catheters, has raised significant concerns globally.
The market by product is categorized into reagents & consumables, and instruments. The reagents and consumables segment garnered USD 737.1 million revenue in 2023.
Based on sample type, the bloodstream infection testing market is segmented into whole blood and blood culture. The blood culture segment accounted for over 72.6% business share in 2023 and is anticipated to witness significant growth.
The bloodstream infection testing market by technology is categorized into PCR, mass spectroscopy, in situ hybridization, and other technologies. The PCR segment accounted for around USD 457.1 million revenue size in 2023.
Based on end-use, the bloodstream infection testing market is segmented into hospitals & diagnostic centers, academic & research institutes, and other end-users. The hospitals & diagnostic centers segment accounted for over 45.3% business share in 2023 and is anticipated to witness significant growth during the forecast period.
North America bloodstream infection testing market accounted for USD 381.6 million revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
The bloodstream infection testing industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players including Abbott Laboratories, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc, among others have a notable presence in the market.
Some of the eminent market participants operating in the bloodstream infection testing industry include
Market, By Product
Market, By Sample Type
Market, By Technology
Market, By End-use
The above information is provided for the following regions and countries:
Some leading bloodstream infection testing industry players are Abbott Laboratories, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Bruker Corporation, Danaher Corporation, F. Hoffmann-La Roche Ltd., Luminex Corporation, Siemens Healthineers AG, and Thermo Fisher Scientific Inc.
North America bloodstream infection testing industry size was USD 381.6 million in 2023 and is set to exhibit robust growth through 2032 driven by the increasing disposable incomes and favorable reimbursement policies in the region.
Bloodstream infection testing industry size from the reagents and consumables segment garnered USD 737.1 million in 2023 and is projected to depict notable growth between 2024 and 2032 owing to the ongoing advancements in molecular and immunological reagents.
Bloodstream infection testing industry was worth USD 875.1 million in revenue in 2023 and is estimated to exceed USD 1.33 billion by 2032 attributed to the rising prevalence of infectious diseases coupled with growing awareness and the increasing emphasis on infectious disease diagnosis.